Exclusive Restructuring Advisor
Project Utes
About the Company
The Company is a family owned business who is a leading supplier of arts-and-crafts products including tools, mediums, paper stickers, and food crafting products across 30 owned and private label brands. The Company serves more than 1,400 customers in North America.
Exclusive Restructuring Advisor
Situation
The Company was negatively impacted by the market including rising freight costs, delays in getting products and retailers pushing out orders.
Engagement
The Company engaged G2 to assist in rebuilding their 13-week cash flow, monitor liquidity, and monitor their 2024 budget.
Outcome
G2 quickly negotiated a change of control with lenders, and the lenders took control of the business. G2 also quickly inserted an interim CRO.
Deal Team
Contact
Let’s talk about how we can help your business.
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.