Financial Advisory

Prefabricated Modular Steel Bridge Manufacturer: Advised the owners of a $65 million prefabricated modular steel bridge manufacturer on valuation as well as strategic financial options, and completed a recapitalization and refinancing of the Company.  

Laundry Supply Manufacturer: Completed the valuation of a $60 million diversified manufacturer of plastic and textile products for the commercial laundry industry, in relation to advising the Company’s board on a management buyout proposal. 

Financial and Commercial Printer: Assisted the owner of a financial and commercial printer on the restructuring of the company.

Distributor of Packaging and Janitorial Supplies:  Advised the owners of a large paper products business serving the foodservice sector on various strategic alternatives, including strategies to transfer ownership to family members as well as the possible sale of the company to a third party.

Architectural and Engineering Services: Advising a multi-national architectural/design/engineering firm on operational, refinancing and acquisition activities.  Completed the selection, structuring and negotiation of alternate financing, the placement of executive management and the negotiation and integration of various tactical acquisitions.

Resort Development: Advised the developer of a multi-purpose resort on a $40 million expansion financing.

Manufacturer of Home and Garden Products:  Advised the owners of a private $100 million manufacturer on the valuation of the company and two affiliated companies for the purpose of formalizing stockholders agreements and updating estate plans. 

Advertising Services Company:  Advised $12 million photography production services and supply company on raising junior capital to accelerate growth in their e-commerce image content creation activities. 

Liquidator of Close-Outs:  Advised management of $25 million wholesaler of closed-out consumer merchandise on the recapitalization of the business, including improved communication with bank lender, engaging an interim financial officer and negotiating extended terms on existing bank line to provide time necessary to implement plan.

Theatrical Services Company:  Advised a $30 million theatrical supply and lighting rental company on possible acquisitions and raising mezzanine capital to accelerate growth.

Alternative Energy: Advised a leading bio-diesel producer on its $20 million capital raise to make acquisitions and strengthen its current market position.   

Clean-Tech Oil Filtration Technology: Advising early stage growth company on its $5 million capital raise.  The Company provides a new oil filtration technology targeted to the commercial fleet market.

Children’s Book Publisher:  Advised publisher of children’s books on capitalization, company valuation and the negotiation of extended terms from existing bank lender. 

Home Heating Oil Retailer:  Advised a $180 million regional retailer of home heating oil and other petroleum products on the refinancing of $20 million in senior debt to assure the company the working capital support for the upcoming heating season. 

Medical Products: Advised a manufacturer and distributor of diagnostic test kits for drugs of abuse and infectious diseases on a re-financing.

Food Manufacturer: Advised the owner of a $20 million contract food manufacturer on raising growth capital, including the renegotiation of its existing debt.

Home Furnishings: Advised a $20 million importer of home furnishings on the successful refinancing of its debt. The company had been in default of bank covenants and unable to satisfy lender demands. Also identified an interim CFO to join the company to improve reporting controls and he subsequently became the permanent CFO.

Transportation Safety Products: Completed a valuation of an $20MM revenue manufacturer and distributor of transportation infrastructure products sold to state and municipal highway departments. Our valuation was done in conjunction with an analysis of the acquisition of a business selling similar products to airport authorities worldwide.

Printing Services: Advised management of a $50 million revenue digital printing firm on a recapitalization and negotiation with existing creditors. Completed a refinancing that provides access to additional capital for growth.

Fragrances Developer and Supplier:  Advised $65 million fragrance manufacturer on possible acquisition and completed the recapitalization of the company. The recapitalization project involved refinancing of all of the company’s senior debt. 

Staffing Company: Advised a publicly traded $70 million temporary staffing and consulting company on raising $5 million of capital.

Medical Devices: Assisted an emerging medical device development company to obtain $5 million in venture capital to scale the business and develop multiple products, primarily in the endovascular area.

Lighting Importer and Manufacturer: As part of a larger restructuring for a $50 million importer of giftware, explored the sale of an $8 million non-strategic lighting division.

Paper Distributor: Advised the owners of a large paper business on an appropriate capital structure and optimum financing alternatives.

Transportation Services: Advised the owners of a $120 million transportation business on their strategic alternatives, including the recapitalization or sale of the business. Completed the recapitalization which included increased credit availability and a distribution of cash to the owners.

Plumbing and Pump Distributor: Advised owner of a $70 million distributor of pumps and boilers after several challenging acquisitions created defaults in bank lending agreements. Identified interim Financial Officer, negotiated waiver and extension of bank credit and helped with selection of new permanent Financial Officer. Completed the refinancing of bank loans with a $15 million commercial financing.

Giftware Distributor: Completed a $22 million refinancing and restructuring of senior debt for a $70 million family-owned giftware company. Identified prospective lenders, prepared information, and advised on the terms and structure of the new credit facilities, including refinancing real estate to provide additional liquidity. Identified interim Chief Operating Officer who has managed operations and turned business around.

Home Heating Oil: Advised a major home heating oil company on extension of existing defaulted loan agreements and subsequently arranged and structured a $43MM comprehensive refinancing and restructuring of in senior credit facilities.

Heavy Equipment Manufacturer: Completed the restructuring of bank credit facilities after numerous covenant defaults for a $24 million manufacturer of heavy equipment. Achieved extension of credit line with improved credit terms that met the current financial needs of the company.

Defense Related Manufacturer: Advised $50 million defense-related manufacturing company on the recapitalization of its business. After a large investment banking firm was unable to deliver on price in a sale transaction as promised to client, CF suggested a recapitalization that included a significant dividend, thereby achieving the liquidity objective sought by the owner. Advised management on financing structure and negotiations with the lender.

Media/Outdoor Advertising: Completed $20MM bank line financing for a $17MM outdoor media company. Achieved substantially improved terms and conditions from what management had previously obtained. Financing arrangement excluded personal guarantees and any collateral.

Housewares Designer and Distributor: Advised a $90 million housewares designer, importer and distributor on the restructuring of their $35 million of existing debt, including raising $7.5 million of additional capital.

Personal Care Products: Advised a personal care products manufacturer on raising $2 million in capital to fund the launch of a new line of branded products.

Computer Leasing: Prepared a new long-term financing plan for a computer services company to support the Company's plans for growth, and performed an acquisition investigation of a disaster recovery business.

Health and Fitness: Acted as advisors to the president of a successful health and fitness business, we structured and negotiated a new equity round for a substantial expansion. We co-invested in this opportunity.

Specialty Apparel: Advised a family-owned specialty apparel company on the recapitalization and refinancing of the company, to provide liquidity to the owners and added availability for growth.

Construction Industry/Insurance Remediation: Advised management of $10MM remediation firm on obtaining working capital financing to provide liquidity for existing operations and growth.