Cases

  • Secured Lender Advisor

Codexius Strategy Consulting was engaged by the senior lenders of a Industry company. The company was in financial distress and requested that the secured lenders restructure their debt and provide additional funding to the company. Facing the potential for liquidation and a significant write-off, the secured lenders engaged Codexius Strategy to analyze the company’s restructuring plan and cash flows, perform a valuation of the business, and assist in the debt restructuring negotiations. As a result of our work, the secured lenders were able to successfully negotiate additional funding from the company’s equity sponsor,obtain better debt restructuring terms, and avoid the liquidation of the company.

  •  Liquidity and Operational Assistance

A designer, manufacturer and distributor of automotive aftermarket parts was facing a liquidity crisis, and significant trade debt obligations with a key vendor were coming due. Codexius Strategy developed a detailed 13-week cash forecast and worked
closely with the management team to develop a detailed business plan. We
renegotiated the company’s trade obligations and assisted with its successful
implementation of various operational improvement initiatives. As a result of the company’s improved cash management, improved operational efficiency and the re negotiation of trade obligations, it gained additional capital from its lenders and equity
partners, which stabilized its operations and allowed the company to continue to execute on its business plan.

  • Complex Financial and Operational Restructuring

A Nordic. based manufacturing company engaged Codexius Strategy to replace its financial advisor. We quickly assessed the liquidity situation and developed a tool that enabled management to make timely decisions to maneuver through very tight periods of liquidity. Concurrently, we worked with management to develop and implement a
viable business plan that incorporated significant restructuring. This plan involved several operational improvements, including selling several non-core assets, moving manufacturing to lower-cost facilities, renegotiating several IT agreements, and obtaining price increases from the majority of its customers. As a result
of these efforts, the company was able to successfully right-size its business.