ABOUT THE COMPANY:
G2 acted in an interim management capacity for the Company, significantly reducing SG&A while adding structure to the business. G2 helped the Company increase margins by pivoting the product line away from commodities and toward higher-value items, instituting a proper sales and procurement processes, and reducing inventory by $1.5MM – which collectively increased liquidity from $4.0MM to $9.0MM. G2 also identified and hired a new CEO, and put the Company on track to double EBITDA on a 12-month go-forward basis.
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Phase 1 Strategic Assessment & Financial Restructuring & Sell-Side