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Client:
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Core Systems, LLC is a leading contract manufacturer and assembler of highly engineered plastic molded parts and components, primarily for large appliance manufacturers.
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www.coresystemsllc.com
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Transaction Summary:
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Core sought funds to support its rapid growth, and to provide liquidity for a minority shareholder who required an immediate exit.
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“Brookwood proposed a creative financing option, found us an excellent investor in Prairie Capital, and achieved a result that exceeded my expectations. They created value far in excess of their fees.”
- Jim Glenn, CEO
Core Systems, LLC
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Transaction Highlights:
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Strategic Assessment – Brookwood reviewed Core’s corporate finance options and developed a through understanding of the Company’s and shareholders’ objectives. Brookwood recommended a subordinated debt capital raise in order to provide Core with significant liquidity and to fund the buy-out of a shareholder’s interest.
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Market Access – Through its proprietary information resources, Brookwood successfully marketed Core’s business to a select group of mezzanine capital investors. These efforts yielded multiple proposals with a wide range of economic terms.
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Speed – Brookwood prepared marketing materials, identified and contacted potential investors and negotiated the financial structure and legal documentation of the transaction. Brookwood effectively managed the process and closed a transaction for Core in fewer than 75 days from the date of engagement.
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