MorrisAnderson partnered with Company management to develop a consolidated business plan creating one unified company out of the three operating units, improving EBITDA 40% from $3.0 million in 2009 to $4.2 million in 2010.
MorrisAnderson was engaged to review the books and records and assist the SEC appointed receiver in his investigation.
MorrisAnderson was brought in by the equity sponsors to evaluate the next tranche of investment opportunities and to negotiate with the mezzanine lender.