Healthcare Services Company Raises $2.8 M Start-Up Capital
A break-through healthcare service concept had outgrown its initial capital structure,which resulted in a severe cash shortage. Manchester was engaged by management to conduct a valuation, restructure the balance sheet, and raise new capital. Our client is now funded to implement a national expansion strategy, gaining national attention as a model for the future of the healthcare industry.
Exits Troubled Technology Company; Receives 10 Times EBITDA
The majority stockholder who had owned this small technology company for 15 years desired to exit the business and hired Manchester Companies to find a buyer. The challenge of the transaction was that the company had recently suffered dramatic operating losses and therefore had negative equity. However, Manchester found an ideal buyer who paid the owner approximately ten times EBITDA for the company.
Bankrupt Software Company Sold to Industry Buyer
Our client was a publicly traded software storage company with minimal revenues and substantial operating losses. The company was in bankruptcy and hired Manchester to find a buyer for its assets. Under tight court deadlines, Manchester’s professionals discovered an industry buyer and recovered $2 million for the company’s shareholders.
Working with Manchester
Our experience is unsurpassed, our creative solutions and approaches are unique, and our track record of success is exemplary.