Firearms Manufacturer

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

The Client

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

The Challenge

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

The Solution

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.

Phoenix Capital

Primary Industry

  • Manufacturing

Secondary Industry

  • Firearms

    Primary Services

  • Turnaround ManagementInterim ManagementBusiness / Operational AssessmentsFinancial ForecastingRefinancingProfit / Operational Improvement