Developed a reorganization plan leading to a long-term credit facility extension and the creation of a comprehensive equipment database and key operating metrics.
Assessed and sensitized business plan projections. Developed key business metrics to assist in determining
liquidity requirements and to better measure performance in light of unique industry factors.
Conducted a detailed franchise network profitability review. Supported the senior lenders in restructuring the credit facility including assessment of numerous term sheet proposals.
Developed restructuring options involving the going concern sale of certain business units and the refinancing of retained operations. Identified key performance metrics and developed cash management policies to enhance working capital.