You turn to Accordion.
We come on board to help you evaluate all alternatives, adapt to changing situations, and make management decisions for the best possible outcome. To do this, we:
- Serve as CRO to implement strategic and tactical options to keep your company fully operational throughout the liquidity crisis and restructuring.
- Manage through a Chapter 11 bankruptcy process, including lender negotiations, liquidity management, budgeting/reporting, preparing long-term financial projections, and negotiating with key suppliers to efficiently pursue an asset sale or reorganization of the business.
- Administer a §363 sale of substantially all company assets, with a stalking horse bid of approximately $25MM provided by prepetition convertible noteholder Douglas Acquisitions LLC, a $1B private equity firm.
Your value is enhanced.
After a successful restructuring and strategic §363 Sale to Douglas Acquisitions LLC, your company restructures its debt obligations and, through new ownership, has the financial foundation for the continuity and enhancement of the business. Additionally, this enables a 100% recovery to all secured first and second-lien lenders.