
Today’s economic environment is fraught with corporate financial challenges. Many factors, such as improper capital structures, failed mergers, product or service launch delays, or a general downturn in operating results can make it difficult to meet financial obligations.
RBC Daniels has assisted numerous companies facing these challenges in the successful completion of financial restructurings, bankruptcy workouts, debt and equity financings, divestitures, joint-venture planning and execution and fairness opinions.
RBC Daniels works together with clients as well as management teams, boards of directors, creditors, committees, legal counsel, financial institutions, accounting firms, shareholders, employees and suppliers to address a multitude of potentially volatile issues. This active participation of an intermediary often overcomes previous hostilities and distrust, paving the way for constructive negotiations and issue resolution.
We utilize our wealth of knowledge in the transactional and capital raising business to evaluate various alternatives to resolve the client’s financial issues, which may involve raising additional capital or a sale of specific assets. RBC Daniels’ long-term relationships in the private debt and equity markets and global network of active buyers and institutional investors best position RBC Daniels to assist clients in a swift, successful placement of capital or asset sale that maximizes the value of the transaction.
Our critical, unbiased and reliable service has helped numerous clients navigate murky and often dangerous waters to set a new course toward a brighter horizon.
Volaris Sells Business Units to EarthLink and Smart City
RBC Daniels advised Volaris Online, one of the nation's largest privately owned ISPs, and its senior lenders in the sale of its dial-up subscriber base covering the Southeast to EarthLink, and its business access and hosting unit to Smart City.
RBC Daniels Raises $88 Million for Cable Operator, Gans
RBC Daniels assisted Gans Communications on the placement of $38 million of equity and $50 million of debt. Nautic Partners provided the equity and GE Media & Communications Finanace and National City Bank provided the debt. The funds will be used to upgrade Gans' cable systems in Md., Pa. and Va.
AppliedTheory Sells Business Units to FASTNET and ClearBlue
RBC Daniels represented AppliedTheory in its Chapter 11 proceeding with the U.S. Bankruptcy Court including the sale of its Internet access business unit to FASTNET and its Internet solutions services business unit to ClearBlue Technologies.