Gulf Atlantic Capital Secures Exit Financing
for Confirmed Chapter 11 Plan
 



  • Tampa, Florida $17,000,000

    Gulf Atlantic Capital served as the Financial Advisor to the Company in developing and funding a confirmed Chapter 11 plan.

    GulfAtlanticCapital PRIVATE INVESTMENT BANKERS corporation
  • Gulf Atlantic Capital was retained by Lighthouse Financial Group to develop a reorganization plan and identify an appropriate capital structure for the business.
  • Developed Chapter 11 plan payment terms for the various creditor classes, including negotiating a settlement of the subordinated debt claims.
  • Implemented a structure that allowed the majority equity holder to retain control of the reorganized entity without the need to invest additional funds.
  • Assisted the Company with closing on a $6.5 million revolving line of credit to fund the business and allow the Company to exit from the Chapter 11 proceeding.