Gulf Atlantic Capital Secures Financing to
Restructure 75 Year-Old Family Business

  • Melville, New York $8,000,000

    Gulf Atlantic Capital acted as Investment Banker and Financial Advisor to the Company to secure working capital and real estate sale leaseback facilities.

    GulfAtlanticCapital PRIVATE INVESTMENT BANKERS corporation
  • Gulf Atlantic Capital was retained as investment banker and financial advisor to develop and secure financing for a comprehensive restructuring due to declining revenues and margins.
  • Directed a sale of the non-core lamp and lighting division and an orderly wind-down of the plumbing division to generate cash flow to fund the faucet division restructuring.
  • Successfully reorganized the Company in Chapter 11 by securing two sale-leaseback transactions on the Company's manufacturing facilities and a new working capital facility.