Turned around a company from years of losses to positive EBITDA while reducing debt
The Company: An engineering and manufacturing military contractor
The Issue: Successive years of operational losses
The Work:
- Prepared rescue plan and negotiated new financing agreement
- Turned around company from years of losses to $1.5M EBITDA
- Reduced debt by $1M within 12 months, with additional reduction in following years
- Improved manufacturing productivity by 75%