Phoenix serves as interim CFO and financial advisor to a firearms manufacturer and successfully refinances the company and returns it to profitability.
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 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.
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