Firearms Manufacturer

Division: Phoenix Management Services


Our client was a privately held $38 million Manufacturer of Firearms based in New York.


The Company was encountering various difficulties that emanated from a financial defalcation.


At the CEO/Owner’s request, Phoenix Management Services assumed the interim role as CFO and developed a cash forecasting, cash management, and oversight plan for the entire accounting/financial organization. With the appropriate controls developed and implemented, the Company rapidly returned to profitability. Phoenix continued in a strategic oversight and advisory capacity and also led the effort to successfully refinance the Company’s credit facility.