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Posts Tagged ‘finance’

When companies are dealing with go forward Cash issues and need to raise additional Capital, various Balance Sheet issues need to be restructured or terminated.  Gerbsman Partners has been involved with numerous national and international equity sponsors, senior/junior lenders, investment banks and equipment lessors in the restructuring or termination of various balance sheet issues for their technology, life science, medical device, cyber security, solar and cleantech portfolio companies. 

These companies were not necessarily in crisis but had cash (in some cases significant cash reserves) and/or investor groups that were about to provide additional funding. In order to stabilize their Go-Forward-Plan and maximize cash resources for future growth, there were specific needs to address Balance Sheet and Contingent Liability issues as soon as possible. 

Some of these areas where Gerbsman Partners has assisted, these companies have been in the process of termination, restructuring and/or reduction of:

Prohibitive Executory Real Estate Leases, Computer and Hardware-related Leases and Senior/Sub-debt Obligations

 Gerbsman Partners was the “innovator” in creating strategies to terminate or restructure prohibitive real estate leases and senior and sub-debt obligations.  To date, we have terminated or restructured $810 million of such obligations for private and public companies, and which has allowed them to return to financial viability. 

Accounts/Trade Payable Obligations

 Companies in a crisis, turnaround or restructuring situation typically have account and trade payable obligations that become prohibitive for the viability of the company on a go-forward-basis. Gerbsman Partners has successfully negotiated mutually beneficial restructurings that allowed all parties to maximize value based on the reality or practicality of the situation.

Software and Technology-related Licenses

 As per the above, software and technology-related licenses need to be restructured/terminated in order for additional capital to be invested in restructured companies. Gerbsman Partners has a significant, successful track record in these areas.

About Gerbsman Partners

Gerbsman Partners focuses on maximizing enterprise value for stakeholders and shareholders in underperforming, undercapitalized and undervalued companies and their intellectual properties. Since 2001, Gerbsman Partners has successfully maximized the values of 122 companies in a wide and diverse spectrum of industries. In the process, GP has successfully restructured/terminated over $810 million of real estate executor contracts and equipment lease/sub-debt obligations, and has assisted in over $2.3 billion of financings, restructurings and M&A transactions.

Gerbsman Partners has offices and strategic alliances in Boston, New York, Washington DC, McLean VA, San Francisco, Orange County, Europe and Israel.

“A good leader creates followers. A great leader creates leader


Steven R. Gerbsman
https://gerbsmanpartners.co

“Never, never, never give up.” – Winston Churchill

“The seeds planted today are the flowers that will bloom tomorrow.”

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Gerbsman Partners is pleased to announce the successful completion of a CEO/Crisis Management assignment for the stabilization of a Private Equity HR Technology Platform Company.

Due to management and potential operational issues, the Board of Directors made the strategic decision to retain Gerbsman Partners to assist in the stabilization of the company.

Gerbsman Partners – led by Steven R. Gerbsman, Principal and Kenneth Hardesty (CEO in Residence)– provided CEO/Crisis Management at the company and Ken Hardesty assumed the role of CEO, at the company in Boston, for a 60 day period.  The challenge was that two previous CEO’s resigned from the company due to conflicts with the founder, who was still in an operational mode and there were communications and leadership issues with the employee’s and its main customers.   The company was/is very profitable and represented a significant growth opportunity for the Private Equity group and investors.

Specifically, Gerbsman Partners provided leadership with:

1.  “Hands on, CEO/Crisis Management at the company”.

2.  “Stabilized the key employee’s and the Founder, who had resigned”.

3. “ Assisted the Private Equity group in interviewing and hiring a new CEO”.

4. “Identified and stabilized key issues with the company’s primary customer”

5. “Most importantly, met and exceed the business plan for the two month periord”

6. “and Assisted in a smooth transition with the new CEO”

About Gerbsman Partners

Gerbsman Partners focuses on maximizing enterprise value for stakeholders and shareholders in underperforming, undercapitalized and undervalued companies and their intellectual properties. Since 2001, Gerbsman Partners has successfully maximized the values of 122 companies in a wide and diverse spectrum of industries, ranging from technology, medical device/life science, digital marketing to cyber security, to name only a few.*

In the process, GP has successfully restructured/terminated over $810 million of real estate executory contracts and equipment lease/sub-debt obligations, and has assisted in over $2.3 billion of financings, restructurings and M&A transactions.*

Gerbsman Partners has offices and strategic alliances in San Francisco, Orange County, Boston, New York, Washington DC, McLean, VA, Europe and Israel.

*For further information on Gerbsman Partners expertise and industry experience, please request our company profile here

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