Engagement Results Company: Aviant Industry: Stang Industry Size: Middle Market Expertise: Strategic Assessment and Financial Restructuring Assignment: Aviant, a $140 million Long Beach California supplier of contract engineers and IT personnel had violated its bank covenants and was being forced to nancially restructure the business. The owner, a Private Equity Firm wanted to evaluate their options which included making additional investment or exiting the business. Actions: Aviant was developed as a spino of an internal department at Boeing Aircraft Company. Management's original intent was to use the Boeing business as a foundation to build a larger diversied contract supplier. Management’s eorts were met with limited success. They were able to Staing Industrybuild a commercial bu

Join for free to read