Mackinac Partners

Restructuring Advisory

Mackinac Partners provides a broad array of services to help underperforming companies, distressed debt holders, and creditors respond to financial and operational crises, to turnaround company financial performance, and to help ensure maximum value for company stakeholders, investors and creditors.

With experts highly skilled in crisis management, liquidity management, cost control, distressed debt, chapter 11 processing, debt negotiations, capital raising, interim management, and turnaround management, Mackinac Partners can help your company through even the most difficult liquidity and working capital crises, financial and operational transformations, debt or capital restructurings or judicial processing.

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Mackinac Partners provides restructuring services to either companies or creditors in distressed situations, a background of experience that helps us to address core liquidity and working capital issues more quickly, to accelerate negotiations with lenders, bankers, lawyers and new capital providers, and to help implement a strategic restructuring plan that provides future stability, improved performance and maximum value to stakeholders and company directors.

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Our Restructuring Advisory services include

  • Liquidity and Working Capital Stabilization
  • Modeling and Forecasting
  • Development and Implementation of Restructuring Plans
  • Negotiation and Debt Restructuring
  • Creditor Advisory
  • Chapter 11 Planning and Administration
  • CRO and Interim Management Services
  • Financial and Operational Performance Improvement
  • Compliance, Fraud Investigations and Forensics
  • Corporate Security
  • Litigation Support and Dispute Advisory

While each company’s financial and operational situation varies, and each capital and debt structure is unique, we employ a flexible Restructuring Methodology that helps accelerate business transformation and has helped fast track change for many companies and equity sponsors across many different industries.

Our proven and flexible Restructuring Methodology is customizable for any client business scenario:

 

Liquidity, Working Capital and Crisis Management
  • Understand company objectives and liquidity challenges and needs
  • Stabilize operations and generate cash flow
  • Manage cash flow and secure continued near term funding and sourcing
  • Evaluate strategic options and capital structure needs
Business Restructuring Plan Development
  • Assess Capital Structure and Lender/Creditor Positions
  • Model Restructuring Scenarios
  • Determine Filing or Capital Restructuring Approach
  • Assess Operational impacts and dispositions
  • Finalize Business and Restructuring Plan with Company Stakeholders
Lender Negotiations and Establishment of new Capital Financing
  • Finalize new capital structure plan, covenants and leverage
  • Assist and/or lead negotiation efforts to refinance existing credit lines / establish new lines
  • Assist in implementing other financial and operational support services as requested
Restructure Implementation
  • Secure capital structure closing
  • Provide Post Closing Support and Performance Enhancement services as requested

Mackinac Partners provides restructuring-related services to companies of all sizes, from middle market manufacturing and products companies, to private businesses, public conglomerates, large retail franchises, private equity sponsors and financial service and insurance firms.  Our highly skilled professionals are accustomed to working in the most complex situations and are attuned to identifying challenges and navigating change. Our restructuring methodology is built to help accelerate business transformation, build consensus among stakeholders and company management on the Restructuring Plan, and drive improved performance and quantifiable results.

Please contact us to learn more about Mackinac Partners Turnaround & Restructuring Services.

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