Successes

Candlewood Partners is pleased to announce its role as sole financial advisor to the Senior Lender in connection with the sale of substantially all of the assets of Operio Group LLC (“Operio” or the “Company”) and its subsidiaries.

Candlewood Partners is pleased to announce its role as sell-side advisor in connection with the sale of the assets of UMA Home Décor (“UMA"). The assets of UMA were successfully sold to Deco USA through a foreclosure sale under Article 9 of the Uniform Commercial Code.

Candlewood ran a full marketing process followed by a foreclosure sale process, marketing the business to over 200 parties. Candlewood advised the company through the marketing process, and also managed relationships with various stakeholders involved in the business.

Candlewood ran an expedited foreclosure sale process for the assets of an operating government services business. Our involvement included running a full marketing process and negotiating with potential acquirors.

The company’s financial position had become distressed and they were seeking to avoid a Chapter 11 bankruptcy filing.

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

The company had declared bankruptcy and was just a public shell of the former software solutions developer and marketer.

The senior lenders to the company were seeking a third-party, professional opinion of value for tax calculation purposes.