Gulf Atlantic Capital Evaluates Viability of Nissan Dealership
and Advises Lender Regarding Exit Strategies
 

  • Greer, South Carolina $16,200,000

    Gulf Atlantic Capital served as the Financial Advisor in evaluating the viability of the Company and developing and implementing an exit strategy.

    GulfAtlanticCapital PRIVATE INVESTMENT BANKERS corporation
  • Gulf Atlantic Capital was retained by the floor plan lender to evaluate the viability of the dealership after continuing operating losses and a series of negative audit reports indicating out-of-trust plan position.
  • Developed an analysis of the Company's operations including analysis of the Company's competitive position within its geographic market and capital required for the Company to sustain operations.
  • Developed alternatives available to the lender and assisted in structuring a forbearance agreement to position the lender to gain control of the collateral if the Company did not improve operations.
  • Retained by the lender to perform key holder services to safeguard titles to the vehicles while the bank pursued legal action against the borrower.