Due to financial challenges with the business’s balance sheet, the Company defaulted on its senior indebtedness and was placed under a court-ordered receivership.
MelCap served as the exclusive investment banker and financial advisor to Reuther through the sale of the business. MelCap worked with the court-appointed Receiver to quickly prepare materials and conduct a broad marketing process for the business. This involved navigating the complexities of both a transaction, and a variety of state court processes and procedures.
