| ©2009 Kinsella Group, Inc. |
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A New York-area specialty printer, with operations in the vicinity of the World Trade Center, suffered a loss of 30% of its annual revenue in the 12 months following the terrorist attacks of 9/11. Mounting losses and substantial debt, some of which were the result of well-intentioned post-9/11 lending programs, further crippled the company and nearly ended its existence altogether.
Kinsella Group stabilized the business’ operations and conducted a focused sale of portions thereof, which resulted in proceeds equal to 70% of annual revenues despite accumulated losses of millions of dollars. This successful sale was the result of a well-documented offering memorandum, fully supported sales projections, and targeting of “best fit” competitors for acquisition of the product line rather than of the company itself. Further, the senior lender’s obligations were discharged in full and the sellers have been successfully and profitably employed by the new owner under long-term employment contracts.
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In order to provide those services listed that involve securities, including capital sourcing and M&A advisory services for transactions involving stock or debt, certain Principals of Kinsella Group are licensed as FINRA securities agents with an unaffiliated registered broker/dealer, Burch & Company, Inc., 4151 N. Mulberry Drive, Suite 235 Kansas City, MO 64116, and would perform such services acting in this capacity.
