Gulf Atlantic Capital Completes Going Concern
Transaction Through Note Sale
 

  •  
       

    Has Acquired


     West Palm Beach, Florida

    $27,900,000

    Gulf Atlantic Capital acted as the Investment Banker to Royal Concrete Concepts in negotiating and structuring the sale transaction with Metromont Precast.

    GulfAtlanticCapital PRIVATE INVESTMENT BANKERS corporation
  • RCC retained Gulf Atlantic Capital as its investment banker to identify a viable sale transaction to preserve the entity as a going concern after the economic downturn put the Company in a position where it could no longer compete as an independent entity.
  • Gulf Atlantic Capital positioned the Company for sale and marketed RCC to selected strategic and financial buyers with interests in the precast and construction industries.
  • Evaluated a range of offers from interested parties and assisted Management with selecting and negotiating the terms of the transaction.
  • To facilitate a quick closing, implemented the transaction through a sale of the Company's secured notes with a subsequent stock sale transaction.