Gulf
Atlantic Capital Preserves Manufacturing Operations Through Quick Sale Process.
Has Acquired the Assets of
Ferris, Texas
$7,200,000
The undersigned
initiated this transaction and
structured/negotiated the terms
of sale of the Company's assets
pursuant to Section 363 of the
Bankruptcy Code.
Gulf
Atlantic Capital Preserves
Operations and Maximizes Value.
ATCO faced a financial crisis when its senior lender suspended funding after continuing loan defaults.
Developed a restructuring strategy to maintain operations during an accelerated M&A process to preserve operations and entity value.
Filed Chapter 11 to complete sale process to private equity group in a competitive bidding process.
