Gulf
Atlantic Capital Provides Interim Crisis Management to Facilitate Sale Transaction.
Atlanta, Georgia
$64,000,000
Gulf Atlantic
Capital acted as Chief Restructuring
Officer to 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.
