Gulf Atlantic Capital Concludes CRO Engagement with Sale of International Film Manufacturer to Taiwanese Investor
Film Technologies International, INC
Sale to Solamatrix, Inc.
St. Petersburg, FL
Gulf Atlantic Capital Concludes CRO Engagement with Sale of International Film Manufacturer to Taiwanese Investor
Gulf Atlantic Capital Concludes CRO Engagement with Sale of Film Technologies International to Taiwanese Investor
Gulf Atlantic Capital was retained as the Company’s CRO to stabilize operations after increasing operating losses eroded the Company’s working capital position.
Directed the financial management of the Company, including managing relationships with the Company’s lender, private equity sponsor and key trade vendors.
Implemented wide range of operational initiatives, including reducing operating costs and implementing tighter controls over inventory management and production planning.
Directed successful efforts to sell the Company to a Taiwanese investor after an international investment banking firm retained by the private equity holder failed to identify a viable transaction.
