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Case Study: Manufacturer of Retail Store Fixtures |
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Case Study: Manufacturer of Retail Store Fixtures
Due Diligence, Debt Restructuring
Company: $150 million manufacturer of retail store fixtures
Situation / Tasks Performed: The Company is engaged in the design and manufacture of display fixtures for the retail
industry. The Company was experiencing severe cash flow problems that were primarily the result of customers canceling or
delaying orders, poor pricing decisions and redundant fixed costs associated with recent acquisitions. TRG was engaged by
the Bank Group to assess the current and projected operational performance, liquidity needs and financial reporting systems
of the Company. TRG's work involved preparing a cash flow forecast, discussing operational issues with management, evaluating
the reasonableness of Company's prepared projections and assessing exit strategies for the Bank Group.
Results: TRG provided an assessment of the Company's current and future operating performance and cash generating potential that
was utilized by the Bank Group to guide its decisions regarding the debt restructuring and compromise of their loans to the Company.
Nature of Assignment:
Primary: Due Diligence
Secondary: Debt Restructuring
Industry: Retail Equipment
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