Case Studies
J.S. Held Acquires Clark Seif Clark, Strengthening West Coast Capabilities for Environmental Claims, Disputes, and Catastrophe Response
Read MoreOur client was a $31 million Manufacturer of Polypropylene Twine for the agricultural industry based in Utah. Products were sold through large agricultural distributors to the farm industry for use on their hay baling equipment.
The corporate parent sought to divest the company as it did not fit into its core automotive strategies. A private equity firm acquired the Company at a very high valuation. Management was replaced, and significant debt was added to the Company’s balance sheet. High inventory levels and delayed payments from its agricultural industry customers further strained cash flow.
Our experts were retained by the secured lender to maximize its recovery after the Company had agreed to surrender its assets. We immediately identified industry buyers for certain segments of the inventory. An aggressive program was implemented in order to reduce outstanding accounts receivable balances. Our team identified potential acquirers for the Company's remaining assets. Following a bidding process, a secured-party sale was concluded with a strategic buyer from Europe who wished to establish a footprint in the United States. The secured lender achieved a total recovery of its position.
> Out-of-Court Wind-downs
We deliver strategic guidance through the wind-down of business operations or underperforming assets, helping preserve value and reputation while avoiding the disruption, cost, and public scrutiny of formal bankruptcy. Our expert financial and operational advisors apply decades of experience providing exit solutions across a wide range of industries and complexities to deliver, and often execute, comprehensive solutions for distressed businesses.
> Business / Operational Assessment
Most consulting firms approach a business assessment from a purely financial perspective — our assessments provide a 360° view of a business, addressing growth drivers, profitability, and uses of capital. Along with detailed financial performance reviews and cash flow forecasting, our comprehensive Business / Operational Assessment identifies the various challenges clients encounter throughout their operations.
