Focus Management Group

Retail Industry Experience

Specialty Paper Products Retailer

Industry:

Retail

Company:

Specialty Paper Products Retailer

Situation:

A specialty paper products retailer in the Northeast United States was on verge on bankruptcy. The business was undergoing severe financial distress, and amounts due to its vendors were well beyond normal terms. Vendors were holding back shipments and considering an involuntary insolvency filing

Focus Scope:

Focus was retained by company ownership to assess the situation, advise on strategic alternatives and maximize shareholder value via business sale.

Tasks Performed:

  • Obtained additional credit while determining the best course of action
  • Stabilized the relationship with the vendors
  • Determined that the best course of action was a sale of the business
  • Helped market the Company to a wide range of both strategic and financial investors
  • Assisted the company in selling majority ownership of the business to a bid party

Results:

  • The Company was successfully sold to a private investor who has helped bring the business back to profitability after restructuring payables.
  • Instead of a looming bankruptcy and probably liquidation of the business, the shareholders were able to maintain significant ownership in the ongoing entity.
View All Case Studies →

Articles

Will the coronavirus impact your borrowers?

As a lender, which borrowers do you consider for impact, and what do you do to stay ahead of...

Read Full Story