Datavision, Inc. Division: Phoenix Capital Resources, Phoenix Management Services Client Datavision, Inc. was a $40 million computer and technology integrator and consulting firm headquartered in Warminster, PA. Problem Investment in a new business line combined with millions of dollars of excess and obsolete inventory had strained Datavision’s liquidity, resulting in a significant over-advance position under its asset-based line of credit. Solution Phoenix quickly concluded that it would be unable to obtain the support of Datavision’s lender to support a turnaround, and that the sale and wind down of the Company was in the best interest of its shareholders. Phoenix developed and managed the orderly wind down of the business outside of a bankruptcy proceeding, which encompassed the sale of

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