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SERVICES

Asgaard professionals have the skill set and wealth of experience to quickly analyze a stressed or distressed business and identify strategic, operational, financial, and legal opportunities to stabilize the company and deliver unexpectedly high enterprise value, and returns for clients and other stakeholders. Asgaard professionals have experience filling all the roles associated with the restructuring, bankruptcy, sale, and/or liquidation of distressed companies, and offer the following services:

 

  • Financial Advisory

  • Chief Restructuring Officer

  • Sale and M&A Advisory

  • Independent Director

  • Company Assessment

  • Interim Chief Executive Officer

  • Chief Operating Officer

  • Chief Financial Officer

  • Wind-Down Fiduciary Services

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Asgaard professionals’ experience spans the following industries and others:

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  • High-Tech Manufacturing

  • Government Contracting/Defense

  • Broadband, Media & Telecom

  • Basic Manufacturing

  • Retail/Restaurant​

  • Commodities

KL1 and KL2 are OUR MOST RECENT AWARD-WINNING TRANSACTIONS: 

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2022 Turnaround Atlas Award for Cross Border Special Situations Deal of the Year (KL2)
2022 TMA
Turnaround/Transaction of the Year Award For Small Company
Situation Overview 
Two sawmills in FL (KL1) and NC (KL2) owned by an insolvent Austrian parent and abandoned at the start of the COVID-19 pandemic with no management, no employees, no cash, and no current financial records. The companies were facing angry constituents (including 250 foreign EB-5 investors), lawsuits, defaults, and mounting judgements. Title to the NC property had reverted to the county.

Notable Accomplishments
Asgaard regained title to the NC property and sold both mills at competitive auctions for $63 million and $87 million, respectively; $150 million versus a forced liquidation value of less than $15 million. In addition, professionals were hired at risk, won all 19 contested motions in KL2 and preserved the ability of EB-5 investors to obtain green cards.


 
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