Special Situations

Griffin provides financial advisory and investment banking services to companies experiencing financial distress, companies operating under chapter 11, companies in transition, creditors’ committees and shareholders. We have extensive experience working with companies, management and creditor constituencies and are able to draw on both the resources and vast experience of the entire Griffin platform, including members of a number of our affiliated businesses.

Services we provide include:

• Initiate, structure and negotiate financial restructuring and recapitalization transactions at all levels of the capital structure including:


• Replacing senior debt from both bank and non-bank specialty financing sources
• Mezzanine financing
• Over-advance facilities
• Debtor-in-possession and chapter 11 exit financing
• Bridge loans
• Sale/leaseback transactions


• Analyze management’s business plan and financial projections


• Determine how much debt the distressed business can prudently carry; restructuring the balance sheet


• Advise on whether the distressed company should pursue a stand-alone plan, sell some or all of its businesses and/or refinance existing debt, then analyze and advise on competing transactions


• Provide M&A advisory services and managing the sale process to maximize values, including sales under Section 363 of the U.S. Bankruptcy Code
  

Our team includes the former CEO of a $17 billion bank holding company, a former turnaround manager and a former credit policy officer of a large regional bank. Rounding out the team are former commercial bankers, asset based lenders and professionals who also have experience as bankruptcy lawyers.