Restructuring Advisory Services
Odyssey Capital's Financial Advisory Restructuring practice has a proven track record that includes pre-emptive recapitalizations, acquisitions and sales of distressed companies and assets, debt and equity restructuring and a range of other advisory services. We strive to reach consensual solutions that are in the best interests of our clients yet recognize all constituencies involved. We have an established history of brokering transactions in situations with divisive inter-creditor and shareholder issues.
Our professionals execute transactions and reach agreements between constituents quickly, allowing our clients to return their focus to their operations and business activities. However, we are committed to not sacrificing our client's goals just to achieve a quick outcome in a contested situation. We take pride in negotiating outcomes for our clients that best position them to achieve their financial goals.
The reasons for erosion of value in a business are many and varied. Loss of competitive market positioning often appears to lie at the root of the problem, but the cause for this decline is frequently attributable to operational, structural and financial deficiencies.
Erosion of value rarely occurs in a rapid fashion. Often, the business decline occurs in stages, which if not identified and corrected in a timely manner, will inevitably impair the owner’s or equity sponsor's ability to achieve its desired return on investment.
The signs of enterprise value erosion include:- Declining revenues/operating profits,
- Earnings shortfalls,
- Impaired liquidity,
- Lender pressures/covenant defaults,
- Tightened credit terms/loss of customers, and
- Attrition of talented workforce and management
It is an unfortunate business reality: Many companies are forced to reorganize through bankruptcy. While this process is difficult for all involved, the professionals at Odyssey Capital are skilled at turning this experience into its legal intent, an organizational rebirth.
Odyssey is well acquainted with bankruptcy laws, and we work closely with legal counsel and the debtor client to establish the best course of action. Within the framework of Chapter 11. Odyssey's services are intended to:
- Stabilize operations, stop operating losses and generate cash liquidity;
- Develop a restructuring plan and build internal and external consensus;
- Negotiate with creditors, lenders and others asserting legal and financial claims;
- Manage the procedures and reporting mandated by the court;
- Aid the client with disclosure statements, plan development and claims analysis, and evaluate executory contracts;
- Facilitate asset disposition when necessary, and if required;
- Assist our clients in their pursuit of operating capital during Chapter 11 through DIP and exit financing; and
- Drive a confirmable plan of reorganization.
Odyssey Capital also has great expertise in the processes outside bankruptcy's formal procedure. Odyssey offers services in the capacity of debtor advisory and creditor committee advisory, as well as liquidating trustee services.
Regardless of the service that Odyssey provides to an organization, there is one measure of our success: Our clients' success. Every step of your business relationship with Odyssey will be taken with your particular business model and goals in mind and with your instructive guidance and input. Our detailed array of restructuring services are highlighted below:
- Debt Restructuring & Bankruptcy Support
- Recapitalization & Cash Management
- Litigation Support
- Fraud Investigation & Forensics
- Transaction & Litigation Support
- Expert Witness & Testimony