Gulf Atlantic Capital Provides Chief Restructuring Officer
Services to Market Leading Construction Roll-up
 




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     Ft. Lauderdale, Florida

    $48,800,000

    Gulf Atlantic Capital acted as Restructuring Advisor to the Company in the sale of the Company's debt as part of Chapter 11 reorganization.

    GulfAtlanticCapital PRIVATE INVESTMENT BANKERS corporation
  • General Roofing had experienced significant operating losses as a result of job performance issues and failure to adequately integrate its 26 operating entities. As a result, the Company faced significant working capital, vendor and employment issues that threatened continued operations.
  • Gulf Atlantic Capital was retained as Chief Restructuring Officer to stabilize the Company's operations while evaluating strategic sale options.
  • Developed crisis management strategy for 26 operating companies, coordinated working capital requirements and addressed critical vendor issues on a job-by-job basis.
  • Sale transaction structure maximized value through sale of secured party debt and successful reorganization of the Company in Chapter 11.