Exclusive Restructuring Advisor
Project Endeavor
About the Company
The Company is a consumer packaged goods company that produces snack blends. They primarily focus on nut-based snack blends for private brand sales.
Exclusive Restructuring Advisor
Situation
The Company experienced a facility fire in 2022 which resulted in some operational disruption and liquidity challenges going into 2023. G2 was engaged by Satori Capital in January 2023 to perform a Phase 1 assessment.
Engagement
G2 reviewed and assessed the assumptions in the Company’s existing 13-week cash flow forecast and 2023 budget. Subsequently, G2 built a new 13-week cash flow model, a 3-statement model, and engaged in conversations with the Lenders on the liquidity and financial covenant outlook.
Outcome
G2’s assessment and new forecasting tools armed Satori with a more accurate, data-driven forecast with which to proceed in conversation with the Lenders to bridge through the Company’s working capital build in early 2023 and pursue refinancing and / or exit opportunities later in 2023.
Deal Team
Contact
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Whether you are experiencing strong growth or periods of distress, our team is exceptionally prepared to support your strategic objectives with bespoke solutions. There is no one size fits all approach.