Sample of Our Great Achievements
TRANSACTIONS
Healthy Sale
REX ELECTRIC
Ravinia Capital was a sell-side advisor to Rex on the transaction. Founded in 1921, Rex is one of the largest commercial and institutional electrical, technology, and building services contractors in the Chicagoland area. The company serves a multitude of markets including new construction, data centers, healthcare, universities, and luxury residential. “Due to the nature of the construction industry, it was crucial to find the right strategic and financial partner for Rex,” said Tom Goldblatt, President of Ravinia Capital. Chugach was established in 1972 under the Alaska Native Claims Settlement Act and exists to serve the interests of the Alaska Native people of the Chugach region. *Securities transactions conducted through StillPoint Capital, LLC, Tampa, FL
Agriculture
Bankruptcy
FAUSER OIL CO., INC.
Ravinia sold the assets of Fauser Oil Co., Inc. under Section 363 of the Bankruptcy Code, to Heartland Co-Op, a major agricultural cooperative. The sale process included thorough marketing of the debtor’s assets to a large number of potential buyers within a highly limited timeframe dictated by the Bankruptcy Court’s sales procedures order.
Business Services
Distressed Sale
EMPLOYMENT PLUS
When Ravinia Capital was engaged to sell this staffing company, it was in forbearance and technically insolvent. Through the transaction, Ravinia was able to keep the Company out of bankruptcy court. We ultimately closed a very successful transaction that exceeded all expectations and put capital back into the equity holders’ pockets.
Consumer Products
Distressed Sale
FIBRECRAFT
Fibre Craft was a consumer products company in forbearance with its lender. Ravinia sold the company’s assets through an Assignment for the Benefit of Creditors (ABC). Ravinia’s marketing and sale process incorporated a stalking horse bidder to generate increased interest in the deal and introduce a competitive element that maximized sale proceeds.
Food Services
Bankruptcy
BLUE PRAIRIE BRANDS
Blue Prairie Brands, a cutting-edge food-tech company, engaged Ravinia’s services shortly after filing for Chapter 11 bankruptcy. Ravinia was able to secure both DIP financing and a stalking horse bid from an equity holder, allowing the company to maintain continuity of operations through the sale of the business and its intellectual property.
Food Services
Healthy Sale
CITY FOODS
Ravinia Capital is pleased to announce the Sale of City Foods, Inc. to LHG Foods Inc. Joining previous acquisitions, Viandes Seficlo, Drummond Export, and Blue Buoy Foods, City Foods became the fourth and latest meat-packing business to come under Quebec-based LHG Foods' ownership, as well as the first located outside of Eastern Canada.
Healthcare
Bankruptcy
ALLIED HEALTHCARE
Utilizing Section 363, Ravinia Capital adeptly prevented Allied Healthcare's shutdown, choosing a strategic sale to navigate pension deficits and regulatory issues. Our swift action to identify a stalking horse bidder was pivotal in preserving jobs, maintaining essential healthcare product supply, and ultimately securing a sale outcome that greatly exceeded liquidation values.
Healthcare
Distressed Sale
MEDIVATIVE TECHNOLOGIES
Ravinia Capital successfully led Medivative Technologies through a swift and intricate asset sale, avoiding bankruptcy proceedings. With strategic communications engaging numerous potential purchasers, alongside careful coordination with the client’s main financier and principal customer, Ravinia completed the transaction in just 75 days.
Industrials/ Manufacturing
Distressed Sale
RE-POLY
Appointed as the Mergers and Acquisitions advisor by the court for Re-Poly, Ravinia Capital adeptly handled the asset sale of the troubled recycling firm. By securing a stalking horse bidder and inviting additional competitive bidders, we catalyzed a public auction that culminated in a sale. This process surpassed the expected liquidation value of the company's assets, showcasing Ravinia’s expertise in distressed Mergers and Acquisitions.
Industrials/ Manufacturing
Healthy Sale
SEIGLE'S CABINET CENTER
Ravinia Capital is pleased to announce the sale of Seigle's Cabinet Center, LLC to Sims-Lohman, Inc. As a result of the transaction, Seigle's central distribution warehouse and four existing retail showrooms will provide Cincinnati-based Sims-Lohman with a robust entry into the Illinois market, joining the four distribution centers, 20 showrooms, and six countertop manufacturing facilities already operated by the latter company in six additional states throughout the East North Central, East South Central, and Northeast regions of the United States.
Industrials/ Manufacturing
Refinancing
CRANE USA
Crane USA is a plastic housewares manufacturer that produces fans, humidifiers, air purifiers, and other therapeutic wellness products sold primarily through big-box retailers. Ravinia brought in funds to finance a management buyout that spun-off Crane USA from its former parent company, headquartered in Hong Kong.
Industrials/ Manufacturing
Distressed Sale
ROTATIONAL DYNAMICS
Ravinia stepped in to guide Rotational Dynamics, a distressed manufacturer of precision industrial printing components, away from imminent shutdowns. Engaging strategic buyers, they orchestrated the asset sale to the company's direct competitors, managing two synchronized deals that encompassed the entirety of the company's assets, thereby preventing the closure of its facilities.
Industrials/ Manufacturing
Refinancing
ICEBERG
John Kemp enabled this office furniture company to complete a refinancing totaling $15.2 million in committed facilities, consisting of a revolving loan and two term loans secured by machinery & equipment and real estate. Proceeds were used to refinance the company’s existing credit facilities and to provide additional working capital to help grow the business.
Industrials/ Manufacturing
Refinancing
CHICAGO POWDERED METAL PRODUCTS
Chicago Powdered Metal Products Company is a tier-one supplier of molded powdered metal parts to the automotive industry. Ravinia Capital successfully arranged a $6 million credit facility to fund CPM’s working capital needs even after the company lost its largest single customer. This allowed CPM to avoid insolvency and maintain operations through a period of significant stress.
Industrials/ Manufacturing
Refinancing
FLAMEPROOF
Ravinia Capital refinanced this lumber treatment company’s outstanding debt, consolidating multiple mortgages, a line of credit, and many term loans. After receiving bids from multiple banks, the winning bank consolidated the company’s outstanding notes into a single mortgage, term loan, and line of credit. The resulting loans increased availability to the Company by $2 million. *Securities transactions conducted through StillPoint Capital, LLC, Tampa, FL
Real Estate
Bankruptcy
CHAPTER 7
Alan Kravets sold 340 single-family homes through a Chapter 7 Trustee Sale. Alan was retained by the Trustee and quickly secured a $500,000 line of credit to protect the assets and pay administrative expenses through the sale. The high-interest facility was secured and approved by the Court as a priority administrative loan to the estate. Alan then sold the properties for $50 million.
Retail
Bankruptcy
BROW ART 23
Ravinia completed the sale of the nation’s largest specialty retailer in the eyebrow threading industry through a Chapter 11 363 sale process. Ravinia successfully obtained a Stalking Horse Bidder and brought in additional prospective buyers that drove a higher sale price at auction. Brow Art 23 was preserved as a going concern, saving jobs and positioning the company for future growth.