Phoenix serves as financial advisor and manages the sale process of a coffee retailer to a strategic buyer.
Phoenix’s client was a $15 million privately held Retailer and Distributor of Coffee based in Pennsylvania.
The Company’s growth had strained its liquidity and the year-end audit revealed a short-fall in inventory. As a result, the senior lender required the Company to engage a crisis management firm.
Phoenix conducted an operational assessment of the business and determined that a sale of the business as an ongoing entity was the best course of action for all constituents. Phoenix helped maintain the Company’s operations while managing the sale process, which included identifying, structuring, negotiating and closing the sale of the majority of the Company’s assets.
Primary Industry
Secondary Industry
Primary Services