Case Study

General Time Corp. & GTC Properties Inc.

General Time Corp. & GTC Properties Inc.

Engagement Results Company General Time Corp. & GTC Properties Inc. Industry Consumer Goods - Manufacturing Size $100 million Expertise Sale and Recovery of Assets Assignment The largest provider of clocks with over $100 million of revenue annually and owner of the most respected and well known brand names in the industry had not reacted to customer demands and the trend of low-cost manufacturing. They struggled in a highly competitive market with cost issues and overwhelming debt load. Actions MainStream delivered a recovery analysis that dened estimated values that could be realized from the sale of the intellectual property, inventory and company assets. Cash ow forecasts, operating budgets and wind-down resource requirements were established for the General Time Corp. & GTC Propertie

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