Successes

Candlewood Partners served as the financial advisor to a contract manufacturer (the “Client”) in connection with a new investment into the business.

Candlewood Partners served as the exclusive advisor to a Midwest-based Home Goods Distributor in securing a $4.5MM term loan and a $3.5MM revolving line of credit.

Candlewood Partners served as financial advisor to Mynaric (FRA:M0YN) (NASDAQ:MYNA), a German manufacturer of laser communication technology, in securing EUR 80.6 million debt/equity financing by way of a US$75 million secured loan and a EUR 12.4 million capital increase with funds from a U.S.-based global investment management firm.

Candlewood assisted the Company through an in-depth analysis of its current capital structure and funding alternatives that would satisfy both its current liquidity needs and its future growth objectives.

Vendors Exchange International was seeking to recapitalize the business while simultaneously transitioning from a historically family-led company to an independently led commercial business.

Arhaus sought assistance in replacing its working capital lender with a new lender whose goals and strategy better aligned with the company’s vision.

The company’s financial position had become distressed and they were facing a bankruptcy filing.

Valiant provides global expeditionary services to the Defense Logistics Agency and information gathering for INSCOM (Intelligence and Security Command), an internal intelligence unit for the Department of Defense along with other systems, training and readiness services to multiple agencies within the defense complex.

The company’s financial position had become distressed and they sought to restructure their balance sheet to avoid a bankruptcy filing.

The company’s senior lending group had become fatigued and needed to be taken out of the credit.

GC Companies is an independent sponsor interested in building a leading mission-critical services supplier to the United States government. Candlewood previously worked with GCC on the initial platform acquisition of Valiant, which provides global expeditionary services to the Defense Logistics Agency.

Valiant provides global expeditionary services to the Defense Logistics Agency and information gathering for INSCOM (Intelligence and Security Command), an internal intelligence unit for the Department of Defense along with other systems, training and readiness services to multiple agencies within the defense complex.

Lazy Days was facing bankruptcy and sought to recapitalize the business.

OpenSlate was seeking growth capital to pursue specific strategic initiatives and continue positive momentum from rapid expansion in the two preceding years.

The company’s shareholder sought a liquidity event to diversify his personal net worth tied to the business.