Although the owners were fatigued with a business that was losing money, MCA worked with them to ensure continued operations through the sale process, immediately engaging with current management and identifying buyers who were willing to close quickly. MCA led the full sale process, including due diligence, negotiation of an asset purchase agreement (APA), and a post-closing transition services agreement (TSA) to ensure the buyer would have access to the systems and people necessary to continue operations and transition the business.
Working with the lender, the lender’s counsel, and the borrower, MCA effectively coordinated the due diligence, documentation and closing, meeting client expectations and enabling the lender to not only continue to receive payments but also participate in any future upside.
When time is short and stakeholder interests are at risk, decisive action can preserve value and create a path forward. Contact MCA Financial Group to learn how our professionals stabilize operations, coordinate key parties, and structure an efficient sale under challenging circumstances.
