Services
Corporate Restructuring & Advisory
Traxi LLC has been ranked among the top US Crisis Management Firms by The
Deal’s Bankruptcy Insider every year since the company’s
inception.
In a financial crisis, stakeholders need to quickly evaluate their
situation and make informed business decisions. Traxi professionals
get behind the numbers and facts to produce an accurate, proven
analysis of the situation. We then weigh all possible alternatives
and relay a clear recommendation and action plan.
Our network is vast and strong. With our excellent reputation
and long-term business relationships, we have the resources to
create immediate solutions. When others don’t see a way,
we know there’s always an answer and find the right solution
for the circumstance.
We negotiate a restructuring plan that not only solves our client’s
immediate problems, but also restores their long-term profitability
and solid financial footing.
Our strengths include:
Business Analysis & Valuation
Business Sales
Refinancing
Out-of-Court Workouts
Bankruptcy Advisory and Planning
DIP Financing
Serving as Examiner
Crisis Management
Budget Analysis
Identify & Manage Strategic Alternatives
Business Plan Development
Cash Flow Optimization
See
Examples »
Advanced Marketing Services
Traxi served as Financial Advisors to the Unsecured Creditors’ Committee. Traxi participated in the marketing and sale of the company’s assets and its subsidiaries to multiple strategic buyers.
Hoop Retail Stores
Traxi was appointed Chief Restructuring Officer of this subsidiary of The Children’s Place Retail Stores, Inc. Traxi was retained as Crisis Managers and guided the company through all aspects of the Chapter 11 bankruptcy proceedings. Traxi assisted in the negotiation of what ultimately resulted in a $60 million private sale of the Debtor in bankruptcy to Disney Enterprises. This transaction closed successfully and generated a substantial recovery for creditors.
Kara Homes
Traxi was appointed Chief Restructuring Officer of this major New Jersey homebuilder. Traxi was appointed Crisis Managers and guided the company through all aspects of the Chapter 11 proceeding. Traxi provided operational and financial restructuring to this company which had lost its CFO and Controller prior to the bankruptcy filing. Traxi facilitated the sale or reorganization of each of the company’s 33 real estate developments. The aggregate value of all debt, equity and future construction funding committed by the plan sponsor and other lenders to the Reorganized Debtors totaled $175 million.
Koen Book Distributors
Traxi served as financial advisors to the Official Committee of Unsecured Creditors. Traxi quickly assessed the business’s viability and determined that the cessation of business and the sale of the business’ asset would result in the optimal recovery to all parties in interest. Through an auction of the company’s asset, the secured lender was paid 100% of its claim and unsecured creditors received a 14-17% distribution. Traxi liquidated the remainder of the company’s assets.
