Woodside Capital - Gardner Glass Products Division: Phoenix Management Services Client Woodside Capital Partners, an equity/mezzanine fund targeted toward middle market companies experiencing some form of financial distress, engaged Phoenix Management Services to conduct a Business Assessment of Gardner Glass Products. Problem With plants in North Carolina and Texas, Gardner participates in two business segments: manufacturing and distribution of flat glass and decorative mirrors. Industry pressures impacting the Company’s ability to operate profitably included: offshore sourcing of products competitive with its decorative mirror business; price pressures coupled with existing thin profit margins; vertically- integrated competition in its flat-glass business; a pessimistic forecast for res

Join for free to read