Gordian Group acted as financial advisory to an Undisclosed Facilities Management Company and was able to assist the Company in procuring a restructuring that resulted in a significant reduction of debt and an option for the sponsor to buy back into a majority position.
Gordian acted as investment banker and financial advisor to the Special Committee in connection with the Company’s merger transaction.
Gordian Group acted as investment banker to the Company in connection with a restructuring that lowered leverage and provided the Company with liquidity, covenant headroom and reduced debt service to execute on a turnaround
Gordian Group advised a significant stakeholder in connection with negotiating a restructuring that included investing additional capital on improved terms to support the business and a restructuring that incentivized the Company to quickly retire/refinance its debt.
Gordian Group orchestrated a financial restructuring strategy that provided the Company with significant cash debt service holidays and 18 months of covenant relief.
Gordian Group acted as investment banker to the Company, including running a market-test for DIP financing and effecting a successful sale in bankruptcy that saw all creditors paid in full and distributions paid to equity holders, all in the face of the COVID crisis.
Gordian Group orchestrated a restructuring strategy that saw debt reduced by 30% while preserving Old Equity’s control. The Company also implemented a creative financial engineering strategy that helped protect the sponsor’s new investment.
Gordian acted as advisor to a privately owned value-added manufacturer company. Working with Counsel and the Company, Gordian obtained a restructuring that helped the Company obtain the liquidity it needed to execute a turnaround and grow EBITDA while also deleveraging the business without meaningful dilution to old equity.
With Gordian’s guidance, the Healthcare Technology & Services Company sold its technology business and restructured around Services, capitalized with $10 million of cash that should have otherwise paid down the lenders, providing significant liquidity.
Gordian Group maintained 100% of common stock for Old Equity while cutting debt by 30% and obtaining $10 million in debt service relief for the business.
Gordian acted as financial advisor in successfully securing a buyer for the Company as a going concern, preserving the jobs of the Company’s 750 employees and guaranteeing further capital commitments. Awards: 2020 Distressed M&A Deal of the Year ($25mm to $50mm) – M&A Advisor
Gordian’s work on behalf of the Sponsor allowed it to preserve meaningful option value through the implementation of a plan of reorganization that saw a significant deleveraging, rather than a 363 sale that would have resulted in no recovery.