Sample Transactions

Over Lighthouse’s 30 plus years in business, we have closed hundreds of transactions.  Here are some representative samples of these success stories.

Plastic Injection Molder

$2,500,000

Revolving Credit Line, Debtor-in-Possession
Ohio

About This Deal

DEBTOR-IN-POSSESSION

This Ohio based plastic injection molder was greatly impacted by foreign competition particularly from Chinese imports. As a result, the company was unable to cover their fixed overhead expenses related to three manufacturing facilities. A turnaround consulting firm was engaged, and the decision was made to consolidate the three facilities into one and reorganize the company through a Chapter 11 Bankruptcy.

Lighthouse was approached by the consulting firm and asked to support the reorganization by providing Debtor In Possession or DIP financing. Lighthouse was able to structure a line of credit secured by accounts receivable, inventory, and machinery and equipment that supported the company’s working capital needs while it sought confirmation of its reorganization plan from the court

Computer Accessories Distributor

$2,000,000

Revolving Credit Line
Florida

Metal Products Fabricator & Distributor

$1,650,000

Revolving Credit Line, Term Loan
Delaware

About This Deal

ACQUISITION FINANCING-RESPONSIVENESS

The company embarked on a growth strategy just ahead of the recession including the purchase of a much bigger facility. Because of the economic conditions resulting from the recession, the company’s sales dropped to a level where the fixed expenses could not be covered leading to multiple years of losses. As a result, their existing bank foreclosed on the assets.

The financing was requested by a prior customer of Lighthouse seeking to expand his existing presence in the metals distribution segment by acquiring the assets out of foreclosure. Timing was critical in that the transaction had to be completed ahead of a scheduled auction. Lighthouse was able to structure, close, and fund the transaction within thirty days from the initial start of due diligence.

Cable Services & Construction

$4,650,000

Revolving Credit Line, Term Loan
Maryland

Video, Voice & Data Products Distributor

$3,500,000

Revolving Credit Line
Florida

Manufacturer of Household Fragrances

$3,000,000

Revolving Credit Line
Tennessee

Building Supply Distributor

$3,000,000

Revolving Credit Line
North Carolina

Pecan Processor

$2,250,000

Revolving Credit Line
Georgia

Wholesale Lumber Distributor

$1,750,000

Revolving Credit Line
North Carolina

Feed Mill

$1,500,000

Revolving Credit Line
North Carolina