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Sometimes, even after Centrus helps a company successfully turnaround and become profitable again, the existing ownership may no longer want to continue ownership, or the current management is not capable of maintaining the forward momentum. At other times, even though the company has positive cash flow, the cash generated won’t service pre-existing trade debt. In such cases, divestiture is often the option of choice. Centrus has provided the following divestiture-related services:
• Facilitate finding a buyer, negotiate and close the transaction.
• Sell the company as a going concern
• Sell the company assets alone through auction, secured party sale or bankruptcy 363 sale
• Serve as the Distribution Agent for the proceeds of the sale
• Serve as the central contact point for unsecured creditors when the sale of the assets are inadequate to address all outstanding debt.
In any case, Centrus professionals will bring knowledge, insight and creativity to transferring the assets of your company to another owner, with the objective of returning maximum financial benefit from the divestiture to our client owners.
Turnaround Management | Crisis Intervention | Executive Recruiting | Wind-down Management
Financial/Debt Restructuring | Divestitures
