Featured Case Study

Potential Bankruptcy Averted During Cash and Credit Crisis

How Platinum led a manufacturer’s quick return to profitability

A Midwest manufacturer with $45 million in revenue and employer to more than 200 employees suffered a severe decline in productivity from a failed equipment/infrastructure upgrade. Orders were delayed and key customers moved production to alternate suppliers. Cash flow suffered while the company posted significant and recurring losses. The company spoke with bankruptcy counsel to begin a court-supervised reorganization. Platinum Group was asked by the company’s community bank to help the company to get back on a profitable track. The company needed a... MORE