EVERCLEAR COMMUNICATIONS, INC.
DSI'S Role
Financial Advisor to Company
Services Provided
- Collateral Monitoring
- Crisis & Interim Management
- Due Diligence
- Financial Restructuring
- Sale of Assets
EVERCLEAR COMMUNICATIONS, INC.
Case Highlights
- Guided company through its liquidity crisis
- Restructured operations to implement a new business plan
Case Narrative
Everclear Communications, Inc. is a regional construction company primarily involved in constructing, installing and owning cellular telephone towers, and providing outsourced electrical capabilities to utility companies.
DSI was retained to advise the company through liquidity crisis and with restructuring the company’s debt. DSI assisted the company in developing a “bottoms-up” business plan, negotiating a forbearance agreement with the company’s secured lender, reducing overhead and “right sizing” the business assets and cost structure to its new business model. DSI also served as a neutral, independent party to negotiate and settle shareholder disputes and coordinate and manage a consensual shareholder restructuring.