by Brian Berglund | Jul 19, 2021
The company, a manufacturer of custom designed thermoformed plastic packaging products for the food, electronic, and retail industries, was having cash flow issues due to increased material costs, stagnant sales, manufacturing variances and under-utilization of...
by Brian Berglund | Jul 19, 2021
This oilfield services company designed and produced a nanotechnology ceramic proppant used in oil and gas “fracking” but the operations never achieved sufficient volume and economies of scale to reach a profitable cost structure prior to the macroeconomic downturn in...
by Brian Berglund | Sep 13, 2020
A supplier in the Permian basin (Texas) of chemical solvents and anti-corrosion products was in default with its senior secured lender. The default was a result of misreported operating results and negative EBITDA during the Covid-19 downturn in the oil and gas...