MCA Financial group has been busy. We are always taking care of our clients. That's a given. But the last few months we've been busy building out our new web presence, as well as making enhancements to our office space. We are enhancing the design, incorporating better navigation to help...
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MCA Financial Group was engaged by a secured lender in connection with the Chapter 11 bankruptcy of a borrower who owned a 200,000-square-foot office building in Houston, Texas. The borrower, facing foreclosure, filed bankruptcy to halt the Trustee's Sale and proposed a Plan of Reorganization to restructure its debts. MCA...
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MCA Financial Group provided critical restructuring and financial advisory services to a start-up biotech company specializing in the development of certain diagnostic devices. With 25 employees and operations based in the Southwest, the company faced insolvency due to limited remaining capital from its initial investments and a lack of revenue...
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In a recent engagement, MCA Financial Group provided litigation support, expert testimony, and economic analysis to a company in the residential and commercial solar installation industry facing a $50 million claim. The plaintiff alleged that our client conspired to recruit their key employees and misappropriate confidential trade secrets, primarily to...
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Reprinted from Sarah Lapidus • Arizona Republic PHOENIX, AZ (Oct. 22, 2024) – A court-appointed financial professional will manage all property owned by the son and daughter-in-law of Santa Cruz County's former treasurer, who is facing a lawsuit for allegedly embezzling roughly $39 million in public funds. That's according to a Pima...
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MCA Financial Group was recently retained to manage the cash flow and financial restructuring for a restaurant franchise with over 30 locations across four states, 800 employees, and $60 million in annual revenue. The engagement is centered on distressed mergers & acquisitions, as MCA helps the client navigate a complex...
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The Grid, a mixed-use project planned for downtown Mesa with an estimated cost of $75 million, started construction in February 2020. The development was set to feature 196 apartments, 75 urban flats, 15 three-story rowhomes, Class A office space, and a restaurant. However, the project encountered several delays, exacerbated by...
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MCA Financial Promotes Excellence On July 1st, 2024, MCA Financial Group proudly announces the promotion of Daniel Gushin from Director to Managing Director, recognizing his exceptional contributions and leadership within the firm. Morrie Aaron, CEO of MCA Financial Group, highlights Daniel’s extensive expertise in turnaround & restructuring, litigation consulting,...
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In May 2024, MCA Financial Group was retained to assist a nationwide fitness equipment retailer and liquidator amid significant financial distress. This client, based in Arizona, operated a physical showroom and warehouse, distributing both premier liquidated name-brand equipment and an in-house brand manufactured in Asia. Despite strong annual revenue between...
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MCA Financial Group assumed the role of Receiver for a software-as-a-service provider specializing in point-of-sale solutions for the restaurant, bar, and nightclub sectors. The company boasted a nationwide presence and annual revenues of $6 million, historically demonstrating robust transaction volumes and a diversified revenue stream encompassing software subscriptions, ongoing support,...
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MCA Financial Group played a pivotal role as the financial advisor to the shareholders of a prominent manufacturer specializing in consumer outdoor equipment sold through large retail and online channels. With 800 employees, annual revenue totaling $500 million, and robust international sales, the company faced supply chain and market disruptions...
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When financial difficulties became insurmountable for the subsidiary of a nutraceutical company, the parent company closed the subsidiary business. The subsidiary was burdened with uncollected accounts receivable, prompting the secured lender to recommend retaining MCA Financial Group to spearhead the recovery of the outstanding accounts receivable. The parent nutraceutical company specializes in...
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With the support of the secured creditor, MCA Financial Group was retained by the debtor in a Texas Chapter 11 bankruptcy involving two distressed 10-story office buildings. MCA's role was to manage and sell the properties. The buildings had suffered from neglect and a lack of management, resulting in significant...
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When a publicly traded education technology services company decided to sell its assets and cease operations, it sought out MCA Financial Group's expertise to manage this intricate process. With over 2,500 employees and an annual revenue of $400 million, the EdTech business faced significant challenges that required careful planning and...
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MCA Financial Group recently led the complex sale of a family-owned steel manufacturing company. The company was headquartered in the southwest and had two manufacturing facilities: one in the southwest and one in the southeast. The company's ownership was distributed equally among family members, though only one minority shareholder worked...
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MCA Financial Group was engaged to spearhead the sale process of a physical therapy practice with two locations in Arizona. The owner sought to sell due to a significant increase in Medicare and insurance billing complexities and persistent industry-related staffing challenges. Additionally, the owner wished to pursue other ventures. MCA's...
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MCA Financial Group was engaged to spearhead the sale process of a physical therapy practice with two locations in Arizona. The owner sought to sell due to a significant increase in Medicare and insurance billing complexities and persistent industry-related staffing challenges. Additionally, the owner wished to pursue other ventures. MCA's...
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MCA Financial Group was engaged by a national firm specializing in providing surety bonds to the transportation industry. The firm had initiated legal proceedings against its former lawyer, alleging breach of fiduciary duty, malpractice, and fraud. The core claim was that the former lawyer had orchestrated actions to transfer ownership...
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At the request of the mezzanine lender, the District Court of Santa Fe, New Mexico, appointed MCA Financial Group Receiver of Bishop’s Lodge, a five-star 100-room luxury resort located in Santa Fe, New Mexico. The resort was amid construction and pre-opening preparation when it came under the Receivership's purview; MCA’s...
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As a court-appointed Receiver, MCA Financial used its expertise in restructuring to operate and sell three divisions of an Arizona company, leading to significant recoveries for the secured creditors. The business, generating revenues of $60 million and consisting of three operating divisions, engaged in contract manufacturing of nutritional supplements, production...
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MCA Financial Group played a crucial role in a debt capital raise by preparing a Confidential Information Memorandum (CIM) for a company specializing in used aircraft parts sales and repair services with an annual revenue of $40 million. Tasked with creating a compelling document for potential investors of a Joint...
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