Gulf Atlantic Capital Develops Comprehensive
Restructuring of Engineering Firm

  • Tampa, Florida 

    Gulf Atlantic Capital served as the Financial Advisor to the Company in developing and implementing a comprehensive restructuring through a confirmed Chapter 11 plan.

    GulfAtlanticCapital PRIVATE INVESTMENT BANKERS corporation
  • Gulf Atlantic Capital was retained by Pegasus TSI as its financial advisor after losses on a significant contract combined with the economic downturn resulted in loan defaults.
  • Evaluated operations and overhead levels to develop a plan to reduce costs to a level consistent with current and projected revenues.
  • Assisted the Company in developing a revised capital structure based on its sustainable business model.
  • Developed and confirmed a plan of reorganization including securing a commitment for exit financing from the Company's secured lender and an equity infusion to fund the plan.