Gulf Atlantic Capital Advises Senior Lender for
Leading Auto Dealership Network

  • Denver, Colorado $75,000,000

    Gulf Atlantic Capital served as the Financial Advisor to the senior lender in negotiating a comprehensive debt restructuring.

    GulfAtlanticCapital PRIVATE INVESTMENT BANKERS corporation
  • Gulf Atlantic Capital was retained by the senior lender for a leading automotive dealership network after the dealership stopped making principal and interest payments on over $75 million of debt.
  • Evaluated operations, including an assessment of corporate overhead costs, staffing levels and operations of more than 15 dealerships located throughout the U.S.
  • Analyzed loan restructuring options available, including assessing the availability of outside capital investment and evaluating the Company's ability to reduce costs to fund debt service.
  • Based on Gulf Atlantic Capital's business model evaluation, the lender was able to negotiate a forbearance agreement providing for resumed debt service.