Financial Restructuring and Recapitalizations
All of our professionals have extensive experience in restructuring work, and subsequently can bring a great deal of resources to bear for our clients. Whether a client is in or out of bankruptcy, in a distressed situation or simply looking to refinance a component of the capital structure, we’re well-versed in the process and can utilize our relationships to work quickly and produce results.
CMCA team members served as interim managers to Inflection Energy LLC (“Inflection”). Inflection is a private equity-backed operator focused on the Marcellus Shale. Inflection is headquartered in Denver, Colorado. Services provided include the overhaul of Inflection’s reserve based lending facility, increasing the borrowing base by $60 million, and raising $225 million of preferred equity from an energy-focused financial sponsor.
Mergers & Acquisitions
We specialize in tailoring customized processes for M&A transactions. We work with clients to understand the strategy they look to realize, identify complementary acquisition targets, evaluate them, then work to ensure clients receive the best execution in a transaction. We provide a variety of options to clients regarding all facets of an acquisition, then help them negotiate and close.
CMCA team members advised Gas City, an independent petroleum marketer and operator of retail gas stations in four states, when it was involved in a Chapter 11 bankruptcy. With over 16 secured lenders involved in the process, CMCA moved quickly establish an auction process, enlisted a stalking horse bidder, and contacted more than 200 financial and strategic buyers before the auction. CMCA was able to effect the sale of 51 stations with 14 winning bidders.
Capital Formation & Debt Placement
Our objectivity and independence as advisors has served us well in raising capital on behalf of our clients. We conduct a thorough due diligence of a value proposition, build an appropriate offering, canvas our network to form the right investing group, then negotiate and close the transaction. We provide access to ensure a capital raise for a complicated offering is given its best chance to succeed.
The illustration below previews a typical timeline and milestones recommended by Conway MacKenzie Capital Advisors