|Greatwide Logistics||back to case studies|
|Revenues $1.1 billion
Highly leveraged roll-up of several trucking companies
Capstone was retained by counsel to the Agent under the Pre-Petition Senior Credit Agreement to evaluate Greatwide Logistics’ (the “Company”) current situation and business operations and to guide the Secured Lenders through a restructuring process. The Company was over-levered having borrowed a significant amount of indebtedness to roll-up different businesses and was impacted by the economic downturn.
Capstone’s restructuring team provided nude celebs the following services during the course of the case:
Ultimately, the Chapter 11 did not damage the business due to careful planning and execution of a bankruptcy strategy. The credit bid process resulted in the Senior Lenders owning the Company and investing additional capital to get the Company back to health post-emergence. The Company recently announced its first acquisition with the help and funding of the current bank group who are the current owners.