Gulf Atlantic Capital Creates Sale Process For Recreation Vehicle Manufacturer

  • Fort Wayne, Indiana$30,000,000

    Gulf Atlantic Capital acted as Financial Advisor and Investment Banker to the Company.

    GulfAtlanticCapital PRIVATE INVESTMENT BANKERS corporation
  • Gulf Atlantic Capital was retained by Manco Products to assist the Company through Chapter 11 as a result of mounting product liability costs and an over-leveraged balance sheet from a prior leveraged buyout.
  • Prepared the Company for the Chapter 11 filing, including negotiating the cash collateral budget with the secured lender prior to the filing.
  • Positioned  Company for sale and directed marketing efforts to a wide range of strategic and financial investors, including Asian based competitors.
  • Process resulted in a joint buyout led by a group of senior management in conjunction with a private equity sponsor.