The Company is a premier U.S.-based manufacturer and marketer of industrial solutions, operating a diversified platform that serves municipal, utility, retail, education, automotive, and commercial customers across North America. The assets marketed for sale included a substantial IP portfolio, an open order backlog across a broad active customer base, manufacturing operations, and a suite of inventory, receivables, and operational assets.
The Company engaged Candlewood Partners to serve as exclusive financial advisor in connection with the UCC Article 9 public foreclosure sale of substantially all assets of the Company. Candlewood’s engagement built on its prior role marketing the business as a going concern, through which it contacted approximately 300 financial and strategic parties.
Drawing on deep familiarity with the asset, the buyer universe, and extensive experience executing UCC foreclosure processes, Candlewood completed the Article 9 process in three weeks, culminating in a successful public auction and strong outcome for the client.
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Candlewood Partners, LLC
Established 2001
