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.
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.