PTC Alliance Corporation

PTC Alliance Corporation logo

Company Background:

PTC Alliance Corporation is a manufacturer and marketer of welded and cold drawn mechanical steel tubing.

Services Provided:

Capital Structuring

Restructuring Advisory

Valuation & Fairness Opinions

Situation

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

Transaction Overview

Candlewood was engaged to negotiate a DIP Loan and to conduct a Sec. 363 auction sale of the company to one the company’s senior lenders (and largest shareholder). In connection with the sale, Candlewood marketed the company to a global group of strategic and financial buyers, including the largest steel conglomerate in the world. Candlewood provided a valuation opinion in connection with the financing and sale, and performed extensive financial modeling and other valuation analysis.

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Candlewood Partners, LLC

Established 2001

Cleveland Office: (216) 472-6660

600 Superior Ave. East, Suite 1800

Cleveland, OH 44114

New York Office: (212) 655-9310

477 Madison Avenue, Suite 600

New York, 10022

Securities offered through Candlewood Securities LLC, Member FINRA, Member SIPC and the affiliated broker-dealer of Candlewood Partners LLC. Broker Check

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