AEG Partners advised a family office on issues related to a joint investment with a well-known private equity sponsor. Despite growing demand for the company’s services, underperformance issues strained liquidity and caused lenders to tighten credit agreement covenants. AEG assisted the family in negotiating a restructuring agreement among the senior debt, subordinated debt and other equity holders, which successfully provided runway to stabilize operations and resume the company’s growth path.
AEG was recently engaged by a West Coast based, global distributor of consumer products during a period of strained liquidity and declining availability under its credit agreements. Private ownership and the executive team retained AEG to build an accurate and timely cash forecasting process that was transitioned to the Company’s financial team going forward. At the same time, AEG assessed and identified improvements in the Company’s restructuring plan, created the associated three year financial forecast, and facilitated the sale process in close coordination with the Company’s investment banker.