Select matters in which Brent Kugman or Kugman professionals have provided financial and operational consulting services as Corporate Advisor, Restructuring Advisor, M & A Advisor or Chief Restructuring Officer (CRO) and Board Member, facilitating improved performance and enhancing value for their clients:
Chicago Miniature Lighting, LLC – Kugman was recruited by the private equity owner of this Tier 1 & 2 auto industry supplier to initially stabilize operations and then support an independent auto-centric operations team to further enhance relationships with the Big Three automakers. Brent Kugman was subsequently appointed CRO and Board Chair to oversee the company’s restructuring sale process and ultimate wind-down of the Oldco shell.
The Roomplace f/k/a Harlem Furniture – Brent Kugman acted as CRO and Sole Board Manager, stabilizing all aspects of operations for this $200 million retailer with 23+ locations, including management of C-suite, merchandise on the water, and distribution center. We also acted as exclusive advisor to obtain highest and best offer in a competitive sale process.
R.S. Owens and Company – Acting as exclusive financial advisor for this high end awards and recognition industry manufacturer of the Oscar, Emmy, and MTV awards, Kugman analyzed channel and customer profitability to focus future growth initiatives and needed cost savings in profitable segments. We communicated with the senior secured lender and trade vendors to create an interim structure and an adequate liquidity position for the company. As exclusive banker, Kugman managed a successful sale to an awards and gift company with access to new markets and an industry-leading reputation in service and distribution to complement the company’s innovation and manufacturing excellence.
Eddie Bauer Holdings, Inc. – Brent Kugman was appointed as CRO and Corporate Secretary in order to provide a range of services relating to management of Chapter 11 proceedings, including corporate approval of all activities necessary for the expeditious and efficient resolution of the Debtors’ bankruptcy cases, court testimony, and management of tax-related matters.
CAPS Visual – Brent Kugman served as CRO for this nationally recognized pre-press advertising firm and managed a successful non-judicial restructuring and recapitalization of the company including consolidation of offices and services from California to New York, maintaining the client’s 400+ full-time employees. We ultimately conducted a sale to a private equity firm.
F & S International – Kugman served as exclusive financial advisor for F & S International, a commodity trading firm owned by Franke & Schulte, GmbH. Its $14bn USD parent hired Kugman to operate its $2 billion dollar trading firm and transition its operations from New York based operations to Chicago and Rotterdam. This included total facilities management encompassing inventory sales and movement globally for over 32 locations.
Connector Services Corporation – Brent Kugman served as CRO for this $100 million privately held circuit board manufacturer. We operated multi-location facilities for the benefit of various parties-in-interest, ultimately leading to various sales of the Holdco.
Circuit Systems, Inc. – Kugman acted as CRO for this publicly traded, $100 million in annual sales, circuit board manufacturer while in Chapter 11. We subsequently sold numerous divisions, liquidated operations not suitable for sale, while providing payment in full to secured parties and dividend to junior creditors.