Case STUDIES

Examples of actual companies we have helped turnaround

Consumer Lender Requires Turnaround

The Story: Well established 11 year old company whose patriarch dies.

The Problem: Company had gone from a positive $4 million EBITDA to -$2.0 million EBITDA during a 36 month period. The company’s primary lender has an eight digit facility and is growing concerned and evaluating taking the portfolio and shutting down the company.

The Solution: Forensically evaluate each business segment, map a detailed business plan, and then execute timely while assuming a leadership role in dealing directly with the lender.

The Outcome: Company became EBITDA positive by the third month, and experienced net profitability by the fifth month. The lender is ecstatic and instead of liquidating the company has expressed interest in extending the sum of the credit facility.

Company Receives Unsolicited Offer For Purchase

The Story: Industry leading twenty year old tool company who is approached for acquisition and for the owner to remain as an executive in the acquiring company.

The Problem: Although the CEO is an incredible developer of tools and has built a great business, he had no experience structuring a deal to sell a company. He was also challenged in placing a value on the company while there was a tight window of opportunity to get a deal done. The company’s CFO and CPA went to the owner with a value that the owner could not sell the company for.

The Solution: Evaluate the company, its market, and the intrinsic value of being a strategic acquisition for a much larger company, while dealing with a European owner, a South American acquirer and American advisors on the acquiring company.

The Outcome: A complex deal was simplified, multiple backgrounds were managed and the WKH valuation was 320% greater than what the CPA and CFO recommended based on balance sheet and income statement supported

Legal Marketing, Service and Technology Provider

The Story: Legal service provider originates tens of thousands of legal cases for law firms, delivers processing and settlement support services to qualify and resolve cases using automation technology with on- and off-shore labor.

The Problem: Cash intensive model with high-margin returns over a 3 year cycle.

The Solution: Provide restructuring, management realignment and recruiting support in preparation of capital infusion. Raise $50-100 million of growth capital.

The Outcome: Successfully completed an organizational restructure including fulfillment of several senior management and board of directors positions. Secured a top-tier investment banking firm to raise $75 million of equity and a term sheet for over $30 million of debt financing to grow the business with an 3-5 year exit strategy horizon.

How We Help

White Knight Holdings (“WKH”) is a boutique management advisory services firm that seeks significant turnaround, capital raising, restructuring or optimizing shareholder value opportunities with small and medium size companies across the U.S. which are positioned in growth industries.

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You’ve Found The Right Team

The WKH team is a hands-on team that has done it all for their own companies over the last forty years. The WKH management group brings valuable experience and insight to its clients including specific skill sets as senior executive management experience in operations, financial management, capital raising, problem solving, restructurings, turnarounds, realigning management teams, evaluation of development of software platforms that provide high levels of sophisticated data analysis, and overall capabilities to deliver guidance to our clients’, their companies and senior management.

You’ve Found The Right Team

The WKH team is a hands-on team that has done it all for their own companies over the last forty years. The WKH management group brings valuable experience and insight to its clients including specific skill sets as senior executive management experience in operations, financial management, capital raising, problem solving, restructurings, turnarounds, realigning management teams, evaluation of development of software platforms that provide high levels of sophisticated data analysis, and overall capabilities to deliver guidance to our clients’, their companies and senior management.