ENGAGEMENTS

A FEW OF OUR MOST RECENT PROJECTS

MCA Financial Group practices nationwide, serving clients from a variety of different industries. Our experience in various industries, as well as technical expertise in Corporate Restructuring, Litigation Support & Expert Testimony, Mergers & Acquisitions, and Valuation Services, enable us to provide quality solutions in a timely manner.

 

RECENT ENGAGEMENTS

Steel Fabrication

Steel Fabrication & Erection; Construction Management


Before advancing additional funds, the senior lender engaged MCA to verify the borrower’s business operations and collateral. MCA worked with key personnel to attain information and data. We examined the accuracy of company-produced unaudited financials, borrowing base data, assets, and AR, reconciling cash activity and scrutinizing current contracts. We identified third-party customer contracts and validated existing equipment, inventory and operations. Swift deployment of MCA's talented team led to delivery of a thorough report to our client.

$15MM
AZ, NV, UT, CA

clinical lab testing

Clinical Laboratory Testing


MCA was engaged by the defendant to provide litigation support and expert testimony in response to a lawsuit brought by a private lender regarding a dispute over the payments of principal and interest calculated pursuant to a promissory note. MCA initiated a plan to attack a multi-year accounting reconstruction, prepared a profit analysis, reviewed the plaintiff’s expert report, and delivered an expert rebuttal report. MCA’s analysis of the plaintiff's assumptions identified multiple flaws and errors in its calculation of damages.

$20MM
CALIFORNIA &ARIZONA

pet cremation

Pet Cremation Services


MCA prepared a valuation for the purpose of determining a fair price for the business, assessed market conditions, identified and contacted credible buyers, facilitated due diligence reviews, and managed the sale process through the successful closing of the transaction. Despite an unforeseen wholesale change in the identity of the buyer in the middle of the sale process, MCA’s guidance resulted in upholding terms originally agreed to between MCA’s client and the original buyer.



ARIZONA

Dermatology Buy Side

Dermatology Medical Practice


MCA Financial's team identified risks and hurdles that could impact the valuation and acquisition. Requisite information on the target company and pertinent industry data were collected, verified, and analyzed within the context of both current and anticipated market conditions and against recent comparable medical practices and group transactions. A quick and efficient due diligence allowed our client to negotiate well in advance of closing and strengthened their position during the process. The client closed the deal with confidence and clarity.



WESTERN REGION

dermatology practice

Dermatology Practice


MCA was retained to review and advise on a proposed merger. Working with professionals on both sides, MCA extracted data and information to determine the merger’s efficacy. Pre and post-merger shareholder interests, valuation methodology, merit of the transaction terms, and the merger agreement were scrutinized. MCA found that the treatment of its client was fair and reasonable and that their interests were represented in the agreement, Platinum's physician shareholders approved the merger.



SOUTHWEST REGION

consumer-goods

Consumer Goods


MCA ran the operations and managed a fast, but complex, business sale process. MCA created a 13-week ABC budget with approval of the secured lender; identified key transition obstacles and generated practical solutions to avoid delays; ensured all parties adhered to the agreed upon plan and timeline; and led the smooth transition of merchant accounts, vendor relationships, employees, and employee benefits. The concern sale closed in less than 30 days.

$80MM
NATIONAL

Olive Framing & Processing

Olive Farming & Processing


MCA extracted and analyzed pertinent data from a large data set, performed product and customer profit analyses, and evaluated overhead, staffing, and capital expenditure plans. Distressed valuation skills and the ability to work with Management in a high-pressure environment lead to the creation of an achievable turnaround plan, including detailed projections, key issues identification within the target’s standard costing system, and true value proposition of key customers and product lines.

$100MM
INTERNATIONAL

Financial Services, Banking & Lending

Sub-Prime Lending & Rental Car Franchisee


An absentee owner hired MCA to investigate critical liquidity crunches at two companies. MCA’s experts discovered losses stemming from fraudulent. Nine secured lenders appointed MCA to an independent leadership role. MCA took control of the companies, managed cash and operations, and developed a Plan to maximize recovery for all lenders. MCA collected on loans, repossessed and sold equipment at auction, and recovered on malpractice and other litigation matters, resulting in recoveries for creditors and relief for the borrower.
$20MM Loan Receivables
$25MM Annual Revenue
MULTI-STATE

Mobile Banking App

Mobile Banking App


The secured lender engaged MCA Financial Group to verify the borrower’s Enterprise Value. MCA consulted with stakeholders, determined the scope and timing of the valuation, and launched into a thorough and focused assessment of the company’s industry, business model, and financial data. MCA interviewed management and investigated industry-specific M&A transactions, competitors, and financial metrics. MCA’s comprehensive valuation report established the loan balance was adequately secured, providing for future economic resilience.

$28MM
SOUTH AMERICA

Community Hospital

Community Hospital


The hospital opened without requisite working capital and soon faced a financial crisis. The secured debt was funded through an EB-5 Visa program, a USCIS program for foreign investors created to stimulate the U.S. economy through job creation and capital investment. Approximately 112 foreign families pursuing green cards comprised the $56 million EB5’s debt. MCA secured a senior real estate lender to fund operations and the restructuring plan.

$45MM
ARIZONA

Physician Group Practice

Physician Group Medical Practice


Hired by both parties in a divorce, MCA’s professionals completed a business valuation of a multi-physician medical practice. MCA analyzed the financials, interviewed the parties, researched the industry and the market, addressed growth options, and selected a valuation approach. MCA’s attentive team delivered a thorough and objective business valuation that served as a basis for the divorce settlement.

$1.6MM
ARIZONA

Warehouse

Warehouse


After opening a second 500,000 sq. ft warehouse, the company ran out of cash and faced shutdown, as the secured lender was not willing to advance on operating losses. MCA implemented a plan to consolidate ops, reduce inventory, and adjust costs to regain break even cash flow. MCA secured real estate and ABL lenders through a successful sale process, resulting in full recoveries/recoveries for the secured/unsecured lenders.

$240MM
REGIONAL

Neutraceutical Supplements

Neutraceutical Supplements


MCA Financial was retained to review the annual forecast and conduct a business assessment. MCA analyzed the company’s data, revenue, cost inputs, projected financials and additionally identified opportunities for improvements within the operations. A 13-week cash flow and detailed analysis and more was presented, advising the company on a path toward liquidity and growth.

$217MM
NATIONAL

Food Processing

Food Processing


MCA was the court appointed receiver for a group of companies who provided blending, packaging, and production of real dairy and dairy substitutes. The company was over-advanced on its line of credit and out of cash. MCA developed and led a restructuring plan that reduced expenses and sold each facet of the business to different buyers, resulting in full payment to the bank and payment to certain unsecured creditors.

$45MM
NATIONAL

Car washes

Car Washes


MCA was engaged by the lender in a non-dischargeability case against an individual Debtor for a judgment of $17MM. MCA investigated historical activity, and provided expert reports and testimony illustrating fraudulent financial statements and unauthorized use of loan proceeds. MCA’s independent and objective work researching the facts assisted the court in concluding that the debt was, in fact, non-dischargeable to the debtor.

$25MM
ARIZONA

Auto Dealerships

Auto Dealerships


The owners of the auto dealership engaged MCA Financial to review its LOI and the terms and documents of its prospective sale and building lease. MCA detailed findings in a report, which advised the seller on the terms of the sale and the proposed lease of the building to the prospective buyer, resulting in an increase in the sale price and to more favorable lease terms with the buyer.

$20MM
SOUTHWEST

Real Estate & Construction

Commercial Development


MCA Financial Group was hired by a family office to perform due diligence and the valuation of a 200MM real estate investment opportunity. MCA’s team’s real estate industry experience was key in its ability to quickly and expediently evaluate and report on the investment opportunity, empowering its client to proceed with confidence and resolve.

$200MM TRANSACTION ON VALUE
SOUTHWEST

Automotive

Customized Vehicles


MCA was engaged by counsel to serve as the economic damages expert and to analyze and rebut the plaintiff's claims for damages. MCA’s established material errors and flaws in the plaintiff's damages calculations and assisted the defendant’s legal counsel in prevailing on summary judgment, resulting in a dismissal for its client.



REGIONAL

Marketing & Media

Publication


Retained by Secured Lender after payment default by borrower. MCA was appointed as a Responsible Party by the Bankruptcy Court in NY to oversee and maintain operations during the pendency of the Ch. 11 case. Lender credit bid to own business and retained MCA to manage and rebuild profitability and then manage the business sale process two years later.

$40MM
NEW YORK, PENNSYLVANIA,
TEXAS, ARIZONA

Agriculture & Farming

Farming & Real Estate


Selected by extended family members who were partners in 400 acres of developable land to serve as an independent party to manage the assets and develop and execute a multi-year exit plan. Upon completion, MCA distributed cash proceeds to the family members.



SOUTHWEST

OCTG

Oil Country Tubular Goods


MCA was retained to develop and implement an operational restructuring plan together with management and advise on loan restructuring and financing. With management, successfully reduced excess working capital, restructured or eliminated unprofitable customer relationships and improved EBITDA.

$150MM
TEXAS/CENTRAL US REGION

Automotive

Used Car Sales / Auto Finance


MCA investigated material loan defaults and potential fraud for the asset-based lender and was subsequently appointed receiver by the Chancery Court. MCA mobilized quickly to take control of finances, maximized collateral, and executed on the sale of the remaining loan portfolio.

$80MM
MID-ATLANTIC REGION

Aerospace, Airlines & Aviation

Avionics Manufacturer


MCA established valuation objectives, distinguished the company among competitors, vetted strategic and financial buyers, created sale materials, established the data room, negotiated the Asset Sale Agreement, and successfully closed the transaction.

$125MM
INTERNATIONAL

Services & Franchising

Plastics Recycling


MCA was appointed Receiver to oversee and maintain operations and assist in the resolution of a shareholder dispute. MCA restored the accounting and reporting operations, and lead the shareholders through to a negotiated resolution.



ARIZONA/CALIFIORNIA

Manufacturing & Industrial

Manufacturer of Mobile Antennas


MCA was appointed Receiver during a shareholder dispute to oversee and maintain operations and lead the company through a court ordered dissolution process. MCA lead operations and managed a successful sales and marketing effort for the business resulting in a Court approved sale.

$15MM
MIDWEST/SOUTHWEST REGIONS

Gaming, Leisure, and Hospitality

Hotel/Hospitality


MCA engaged by debtor as financial advisor to assist with all aspects of a Chapter 11 restructuring plan and to provide testimony during bankruptcy proceedings. After the Chapter 11 Plan confirmation, the Debtor retained MCA as Disbursing Agent.

$35MM
WEST/SOUTHWEST REGION

Real Estate & Construction

Real Estate


MCA was appointed Receiver by the rightful owner though a foreclosure sale. Prior owner claimed the sale was defective and MCA was appointed by the State court to control the real property, its use and maintenance during the pendency of the dispute.



ARIZONA

Financial Services, Banking, & Lending

Pawn Shop/Title Loan Chain


MCA Financial Group provided litigation consulting services and forensic accounting services. MCA issued an independent and compelling expert report, testified at trial, and successfully rebutted the opposing expert opinions. The court found in favor of MCA’s client.

$10MM
METRO PHOENIX, ARIZONA

Senior Living

Senior and Assisted Living


MCA was retained by the owner and manager of a portfolio of skilled nursing and assisted living facilities to assist with lender negotiations and board governance. MCA provided advice on financing, financial planning and restructuring.

$25MM
SOUTHWEST REGION

Food Services & Franchising

Restaurant / Brew Pub Franchise


MCA was retained as an expert witness by the Franchisee of this national restaurant chain when the Franchisor breached the franchise agreement non-compete zone. MCA successfully developed a damages theory that was accepted by the court at trial.

$20MM
SOUTHWEST REGION

Manufacturing & Industrial

Bar/Liquid Soap Manufacturer


MCA was retained by secured lender to assist in navigating through a material loan default by its borrower on a $40 million loan commitment. Borrower was suffering losses and MCA developed strategies to trigger a recapitalization of the company including a 100% repayment to MCA's client.

$240MM
NATIONAL

Manufacturing & Industrial

Remanufacturer of Toner Cartridges


After material industry changes, MCA was appointed Receiver to manage operations and lead a sale process in an effort to repay creditors. MCA's efforts resulted in 100% recovery for all secured lenders and reduced recoveries for unsecured creditors. Neither would have been accomplished through a straight asset liquidation and MCA's ability to maintain the operations while leading a sale process greatly enhanced value.

$65MM
NATIONAL/MEXICO

Retail & Consumer Products

Apparel Manufacturer and Direct Sales


Retained by Secured lender to assist and oversee business wind-down and sale of assets. MCA Financial Group’s retail industry expertise, keen handling of shifting market conditions, and commitment to collaboration with management were key in the successful development and execution of a revised liquidation strategy.

$60MM
NATIONAL

Healthcare & Neutraceuticals

Physician Group Medical Practice


Retained to investigate inappropriate accounting and payments by a partner in this practice. MCA's report was utilized and relied upon by the physician group’s outside counsel in mediation to effectuate a settlement, saving the physician group considerable time and costs.



ARIZONA

Healthcare & Neutraceuticals

Attendant Healthcare Services


MCA completed the sale of an attendant care services company which was affiliated with Arizona’s medicaid program, AHCCCS. Retained by the owner, MCA’s team conducted a thorough valuation of the business, determined pricing, and created marketing material highlighting the business operations and financials and more.



ARIZONA

Services & Franchising

Blood and Drug Testing Services


MCA Financial was asked by the secured lender to step in and attempt some form of business sale, ensure data security and data retention, and execute on final customer billing and collections.

$125MM
NATIONAL/CANADA

Mining & Natural Resources

Sand & Gravel Operations


MCA Financial served as the exclusive advisor to the owner of a large, strategically important construction aggregates operation. MCA’s team managed the entire sale process and facilitated the due diligence and negotiations with the buyer. Numerous purchase offers were received, and a successful transaction closed.



ARIZONA

Food Services & Franchising

Restaurant Franchise


MCA developed a 36-month “pandemic” plan, which became critical for the survival of this restaurant operator that had been impacted severely by the pandemic. MCA’s forward-looking strategy included restructuring both the senior and subordinated lenders’ notes and ensuring survival and sustainability for the client, its lender partners, and its suppliers.

$110MM
NATIONAL

Financial Services, Banking, & Lending

Merchant Services Processing


MCA was retained by management and shareholders to review the already negotiated terms of its sale to a much larger strategic player in the industry. Based on MCA's strong analysis, the client successfully renegotiated the terms of the transaction, resulting in a significantly increased purchase price and improved terms for the seller.

$50MM
NATIONAL

Food Services & Franchising

Fast Casual and QSR


MCA Financial played a key role in financing for a national restaurant chain with over 100 locations.  The SBA’s Main Street Lending Program -- Expanded Loan Facility or MSELF provided an excellent restructuring solution for this pre-pandemic healthy company needing a bridge to better times.

$250MM
NATIONAL

The above successes are just a few of the projects the MCA Financial Group has completed over the past 20+ years for numerous industries.
What industries do we have experience in?