Second Wind Consultants published an interview featuring Adam Duso and Alexandra S. Scoggin discussing third-party AR/AP control platforms and their role in bridging distress-emergent opportunities.
Published
Signal category
Research & Knowledge
Quote
“In this interview, Adam Duso and Alexandra S. Scoggin join Michael A. Toglia to explore how third-party AR/AP control platforms can bridge that gap by creating transparency, improving collateral confidence, and opening paths to financings that otherwise might never happen.”
— Robert DiNozzi|Second Wind Consultants team
Company
Second Wind Consultants
Disrupting Distress. Solutions for all businesses, not just the few.
- Industry
- Financial Services
- Location
- Northampton, US
- Company size
- 34 employees
Second Wind offers business consulting, growth and distress / debt solutions previously available only to the largest corporations. Over the past 15 years, SWC has re-defined the landscape of distressed business solutions outside of bankruptcy or legal arenas. Having pioneered a reorganizational path that preserves business value, Second Wind creates a win/win that benefits owners, creditors and jobs as an alternative to bankruptcy. As a strategic partner for direct business investors and intermediaries, Second Wind Consultants specializes in preserving and extracting enterprise value when business debt would otherwise mean a business is untransactable or uncapitalizable. Reorganizations performed via Article 9 of the Uniform Commercial Code fully resolve distressed business assets of all previous liabilities, while preserving core enterprise value, opportunity and jobs through business re-launch. Second Wind has performed 1000s of Article 9 reorganizations which offer unprecedented value to distressed owners, business investors, intermediaries and creditors alike. Distressed entities are reorganized into new, unencumbered operating entities in 45-60 days, without the inefficiencies, costs and time associated with judicial processes. The preservation of value afforded by a Second Wind reorganization offers: -successful exits for owners without bankruptcy (which by result, incentivizes PEG/purchaser LOIs) -maximum recovery value for secured creditors -highly attractive entry costs for PEGs /purchasers seeking enterprise value at liquidated asset costs -streamlined M&A activity without regard to debt on the balance sheet -unencumbered assets for leveraged buyouts -unencumbered assets for target ABL lending opportunities
Founded 2008