Transactions & Case Studies
Transactions & Case Studies
GMF Insurance
GMF Insurance, a major French insurance company, opened a private airline located in Florida. After five years, the U.S. government notified GMF that foreign ownership in airlines is restricted to 25 percent, thus their license was going to be revoked. CPF stepped in and acquired the company through a U.S. compliant trust, meeting the standards for ownership. Overall, CPF achieved a 5000 percent return on investment.
CPF discounted the payables and optimized the balance sheet. We generated significant cash from the sale and leaseback of two free and clear airplanes. We sold the customer list to a company that was aggregating small operators, closed two hubs, and consolidated operations with regional players.
Natural Healthcare
Natural Healthcare, ($NHTC), a healthcare and education company defaulted on its convertible debentures, leading to financial instability and the potential collapse of the company. CPF created significant growth for the company and realized over $200 million in sales over three years.
CPF successfully executed an acquisition, restructured the company, overhauled the board and recapitalized Natural Healthcare, stabilizing its finances. We streamlined operations by divesting unprofitable for-profit schools, reducing unnecessary expenses. To expand the company’s market reach, we acquired and integrated an operating company, facilitating expansion into Europe and Asia. By achieving operating control, we directed Natural Healthcare towards a profitable sale.
GMF Insurance
GMF Insurance, a major French insurance company, opened a private airline located in Florida. After five years, the U.S. government notified GMF that foreign ownership in airlines is restricted to 25 percent, thus their license was going to be revoked. CPF stepped in and acquired the company through a U.S. compliant trust, meeting the standards for ownership. Overall, CPF achieved a 5000 percent return on investment.
CPF discounted the payables and optimized the balance sheet. We generated significant cash from the sale and leaseback of two free and clear airplanes. We sold the customer list to a company that was aggregating small operators, closed two hubs, and consolidated operations with regional players.
Natural Health Care
Natural Healthcare, ($NHTC), a healthcare and education company defaulted on its convertible debentures, leading to financial instability and the potential collapse of the company. CPF created significant growth for the company and realized over $200 million in sales over three years.
CPF successfully executed an acquisition, restructured the company, overhauled the board and recapitalized Natural Healthcare, stabilizing its finances. We streamlined operations by divesting unprofitable for-profit schools, reducing unnecessary expenses. To expand the company’s market reach, we acquired and integrated an operating company, facilitating expansion into Europe and Asia. By achieving operating control, we directed Natural Healthcare towards a profitable sale.
WAREHOUSE Goods
Warehouse Goods LLC, a multinational distribution group based in Boca Raton, Florida, hired CPF to help with challenges in its profitability and ability to raise capital due to inefficiencies in its operations and financial structure. Our strategic intervention facilitated the company’s transition to a public listing with an approximate market capitalization of $800 million.
CPF optimized the company’s balance sheet, increased product distribution turnover, minimized inventory levels, and negotiated more favorable terms with manufacturers to organize finances and improve profitability. In a strategic move, CPF integrated the operations of Warehouse Goods’ largest customer, streamlining production cycles and eliminating redundancies in marketing, administration, and direct distribution to end users. This integration included transitioning the customer onto a branded platform and outsourcing production to manufacturers in China, which significantly reduced costs. Replicating this successful strategy with four other major customers further bolstered Warehouse Goods’ financial health, culminating in a successful public listing.
Warehouse Goods
Warehouse Goods LLC, a multinational distribution group based in Boca Raton, Florida, hired CPF to help with challenges in its profitability and ability to raise capital due to inefficiencies in its operations and financial structure. Our strategic intervention facilitated the company’s transition to a public listing with an approximate market capitalization of $800 million.
CPF optimized the company’s balance sheet, increased product distribution turnover, minimized inventory levels, and negotiated more favorable terms with manufacturers to organize finances and improve profitability. In a strategic move, CPF integrated the operations of Warehouse Goods’ largest customer, streamlining production cycles and eliminating redundancies in marketing, administration, and direct distribution to end users. This integration included transitioning the customer onto a branded platform and outsourcing production to manufacturers in China, which significantly reduced costs. Replicating this successful strategy with four other major customers further bolstered Warehouse Goods’ financial health, culminating in a successful public listing.
Polaroid
CPF served as a financial advisor for Polaroid, a renowned manufacturer of instant-printing photography equipment, when it filed for Chapter 11 bankruptcy. During this time, Petters Group Worldwide, Polaroid’s parent company, was dealing with fraud allegations. Despite the distress with its parent company, Polaroid emphasized its capacity to fund its restructuring under Chapter 11 independently. CPF guided Polaroid through its complex restructuring process.
We provided Polaroid with crucial guidance during negotiations with creditors and stakeholders. To ensure the company could continue operations independently during the bankruptcy proceedings by assisting with its transition to digital technology. Our involvement helped Polaroid navigate their bankruptcy and contribute to its ability to fund its restructuring and maintain business operations amidst its parent company’s challenges.
Polaroid
CPF served as a financial advisor for Polaroid, a renowned manufacturer of instant-printing photography equipment, when it filed for Chapter 11 bankruptcy. During this time, Petters Group Worldwide, Polaroid’s parent company, was dealing with fraud allegations. Despite the distress with its parent company, Polaroid emphasized its capacity to fund its restructuring under Chapter 11 independently. CPF guided Polaroid through its complex restructuring process.
We provided Polaroid with crucial guidance during negotiations with creditors and stakeholders. To ensure the company could continue operations independently during the bankruptcy proceedings by assisting with its transition to digital technology. Our involvement helped Polaroid navigate their bankruptcy and contribute to its ability to fund its restructuring and maintain business operations amidst its parent company’s challenges.
Zink Imaging
Zink Imaging, a subsidiary of Polaroid, was engaged in transforming digital technology into a zero-ink based system that facilitated printing photos directly from phones. It faced significant challenges due to Polaroid’s bankruptcy and shareholder disputes among over 100 investors. CPF cleared the way for the successful private sale of Zink Imaging to its largest vendor, ensuring a strategic transition of its innovative technology.
CPF, as its financial advisor, mediated shareholder disputes, navigating the intricate dynamics of Polaroid’s bankruptcy and internal shareholder conflicts by balancing the interests of Zink Imaging’s various stakeholders. With our third-party perspective, our work was instrumental in resolving internal conflicts that benefitted all parties involved.
Unified Environmental
Unified Environmental, a company specializing in converting sludge into fertilizer, faced several operational challenges such as the loss of an offtake agreement with Conagra for animal offals, a closure of a factory due to design flaws, substantial odor and noise pollution, and abatement issues. CPF provided corporate guidance to resolve these issues. Our comprehensive intervention facilitated the successful restructuring of Unified Environmental, ensuring regulatory compliance and financial stability.
CPF addressed the odor and noise pollution and remediation, which was especially critical for the high-density neighborhoods affected by the company’s operations. We managed the sale of a substantial portion of Unified Environmental’s assets through a consensual disposition strategy, including returning some assets to the seller. Furthermore, we navigated complex interactions with environmental and regulatory compliance agencies in New York and Westchester. In the latter stages, we facilitated the sale of the remaining assets through a Section 363 sale under Chapter 11 bankruptcy proceedings. Overall, CPF played an indispensable role in Unified Environmental’s restructuring efforts.
Zink Imaging
Zink Imaging, a subsidiary of Polaroid, was engaged in transforming digital technology into a zero-ink based system that facilitated printing photos directly from phones. It faced significant challenges due to Polaroid’s bankruptcy and shareholder disputes among over 100 investors. CPF cleared the way for the successful private sale of Zink Imaging to its largest vendor, ensuring a strategic transition of its innovative technology.
CPF, as its financial advisor, mediated shareholder disputes, navigating the intricate dynamics of Polaroid’s bankruptcy and internal shareholder conflicts by balancing the interests of Zink Imaging’s various stakeholders. With our third-party perspective, our work was instrumental in resolving internal conflicts that benefitted all parties involved.
Unified Environmental
Unified Environmental, a company specializing in converting sludge into fertilizer, faced several operational challenges such as the loss of an offtake agreement with Conagra for animal offals, a closure of a factory due to design flaws, substantial odor and noise pollution, and abatement issues. CPF provided corporate guidance to resolve these issues. Our comprehensive intervention facilitated the successful restructuring of Unified Environmental, ensuring regulatory compliance and financial stability.
CPF addressed the odor and noise pollution and remediation, which was especially critical for the high-density neighborhoods affected by the company’s operations. We managed the sale of a substantial portion of Unified Environmental’s assets through a consensual disposition strategy, including returning some assets to the seller. Furthermore, we navigated complex interactions with environmental and regulatory compliance agencies in New York and Westchester. In the latter stages, we facilitated the sale of the remaining assets through a Section 363 sale under Chapter 11 bankruptcy proceedings. Overall, CPF played an indispensable role in Unified Environmental’s restructuring efforts.
1700 East Las Olas
1700 East Las Olas, an office building in Fort Lauderdale, was a tenant-in-common litigation case that CPF bought and sold for an eightfold return. We purchased a partner’s interest in the building, including the litigation, leading to a forced Chapter 11 bankruptcy. We then filed a motion for the appointment of a trustee, negotiated the settlement of claims, assumed the mortgage, and renovated the building.
1700 East Las Olas
1700 East Las Olas, an office building in Fort Lauderdale, was a tenant-in-common litigation case that CPF bought and sold for an eightfold return. We purchased a partner’s interest in the building, including the litigation, leading to a forced Chapter 11 bankruptcy. We then filed a motion for the appointment of a trustee, negotiated the settlement of claims, assumed the mortgage, and renovated the building.