Results - Selected Work from 20+ Years in Finance
Covenant breach — bankruptcy avoided
A $25M manufacturer breached its EBITDA covenants with its bank loans. Had the bank called the loan, the company would have gone into bankruptcy. We worked with the bank to hold off default while securing replacement financing — meanwhile, cost cuts and legal restructuring lifted EBITDA by $1.1M with no increase in revenue. Refinancing closed with new lenders; bankruptcy avoided
Sold the drag, grew the core
A small Texas business was carrying an unprofitable entity that drained focus and margin from the core business. Led the sale of the unit. With focus restored: sales up 18%, EBITDA up 23%.
Vendor renegotiation — $15M saved
Renegotiated a service contract with a major vendor, cutting $15 million in costs over three years.
$60M convertible debt raise
A Texas company needed funding for operations and capital requirements. Structured and raised $60M in convertible debt to fund both.