AEG recently served as the financial advisor to a secured lender in evaluating its position with a nationwide cellular service borrower. The lender asked AEG to review its options and potential recovery in the wake of the borrower’s multiple defaults and liquidity pressure stemming from consolidation in its customer base. AEG mobilized quickly to understand the nature of the risks, define the near term cash requirements, and identify a viable path forward, which laid the groundwork for an out-of court settlement.
AEG Partners was recently brought in as Chief Restructuring Officer by the private equity owner of an international automotive tooling manufacturer with locations in North America, Europe, Asia and South America. With the company facing an imminent liquidity crisis, AEG immediately worked to stabilize the cash position, retain key managers, exit underperforming geographic regions while at the same time improving customer order delivery metrics. These actions helped build the confidence of the senior lender for the company necessary to support an orderly sale process.