Gulf
Atlantic Capital Provides Interim Crisis Management to Facilitate Sale Transaction.
Atlanta, Georgia
Management Sponsored
Buyout
$6,400,000
The undersigned
initiated this transaction and
structured/negotiated the terms
of sale of the Company.
Gulf
Atlantic Capital Stabilizes Operations and Complete.
ACFP retained Gulf Atlantic Capital to assist the Company with resolving operating and capital issues stemming from the acquisition of several unprofitable subsidiaries.
Appointed interim CEO to provide crisis management expertise.
Restructured operations including staff reductions, replacement of certain management personnel, and revision of operating procedures.
Directed sale process for restructured operating unit.
Appointed Receiver to administer estate and orderly wind down one operating unit.
