High-End Specialty Manufacturer

The two owners were in a disagreement about the future of the business. We stepped in as the temporary CEO correcting a backlog of sales by reconnecting to the customers and stimulating orders. We had to reduce staff which had never been adjusted with the past three years of downturn in sales. In May when we started the company had a value of $1.5m; eight months later we were able to achieve a $10m cash at close transaction for the owners, solidifying both of their needs for the future of their families.

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Services provided by TREP Advisors, LLC is intended for strategic succession planning purposes only. Statements made by TREP Advisors, LLC and/or its representatives are opinions and do not constitute tax, financial or legal advice, or a formal business valuation. Recipients of such statements are encouraged to seek independent tax, financial and/or legal advice from duly-regulated sources. TREP Advisors, LLC does not provide advice or services pursuant to which registration as a broker-dealer under the Securities Exchange Act of 1934, as amended, is required. TREP Advisors, LLC does not provide advice or services as an investment advisor pursuant to the Investment Advisers Act of 1940.