Horizon Advisors, LLC - Engagements
| Function | Client | Description | Equity/Lending Institution |
| PROFIT IMPROVEMENT | |||
| Major profit enhancement prior to the sale of the company | Best Lock Systems | Manufacturer and distributor of specialty secuirty locks and systems. Annual sales of $250 million. | Hired by the company |
| Brief due diligence prior to purchase by CHS. | Lake City Forge | Manufacturer of forged and machined OEM auto parts with annual sales of $25 million. | Hired by Code, Hennessy & Simmons |
| Budget oversight and financial plan consulting | Lutheran Child and Family Services of Illinois | A $22 million Social Service Agency providing residential and support services to children and adults. | American National Bank, Bank One |
| Due Dilligence for Lender | Tri-Star Industries | Assisted bank in evaluation of company operations to develop strategy for restructuring debt | Hired by Bank |
| Manufacturing assistance at a new start-up facility. | Lake City Forge | Manufacturer of forged and machined OEM auto parts with annual sales of $25 million. | Hired by Code, Hennessy & Simmons |
| Report valuating management, operations and forecasting. | Lionel Trains | Manufacturer and distributor of Lionel Trains and accessories. | Hired by Wellspring Capital at request of lenders (Chase Manhattan, lead bank) |
| Financial consultant | Gooder Hendrichsen | Manufacturer of custom short and long span steel joists. | Hired by the equity holders |
| Financial consultant | Bobak's Sausage Company | Midwest manufacturer of ethnic sausage operating a manufacturing plant, 2 full line grocery stores, 2 restaurants and a wholesale food distribution business. | Hired by the company; Cole Taylor Bank |
| INTERIM MANAGEMENT | |||
| Interim CEO | Cady Industries | Manufacturer and marketer of woven plastic material sold nationally to specialty markets. Annual sales of $60 million. | PNC Equity Management |
| Interim CEO | Electro Source, LLC | Served as interim CEO of a publisher and accessory company related to video games. | Hired by the company with approval of the bank group. The bank group consists of Patriarch Partners and First Source |
| Interim CEO | Autoroll Print Technologies | Interim CEO of a specialized printing machine manufacturer and high end distributor of printing accessories | Hired by the Company upon recommendation of the bank group. |
| Interim CEO | Success Magazine | Served as the interim CEO of the Catalog operation for this 100 year old business publication | Hired by the company |
| Interim President and CEO | J Richard Industries | Turnaround of a $30 million specialty fabricator of metal tubing for health equipment, conveyors, automotive manufacturers | Hired by Code, Hennessy & Simmons |
| TURNAROUND | |||
| Turnaround consultant | Duro Industries | Assisted Management in working through Chapter 11, and provided oversight for implementation of Financial software conversion and preparation of budgets and cash flow projections | Hired By Investor Group, Patriarch Partners |
| Turnaround consultant | Moore DP, LLC | Midwest manufacturer of custom metal security enclosures for electronics and polyethylene innerduct (extruded HDPE conduit). | Hired by the company |
| Turnaround consultant | Javo-Mex Corporation | Contract filler for soaps and other liquid products for Fortune 500 companies. | Hired by company; lender American National Bank |
| Turnaround consultant | Eastern Pacific Apparel | Distributor and marketer of a top line of women's and men's golf clothing. Annual sales of $25 million. | Hired by the company at the recommendation of the owner, Florida Capital |
| Turnaround consultant | Forest Electric Company | Profit improvement of a $5 million electrical transformer manufacturer. | Hired by the management of the company |
| Turnaround consultant | DocuSystems, Inc. | Profit improvement of a $100 million manufacturer of specialty printed transaction and transportation cards and tickets. | Hired by the company (owner: Code, Hennessy & Simmons) |
| Turnaround consultant | The Custom Shop | Profit improvement of a $30 million manufacturer and retailer of custom shirts (60 stores in US) | Hired by the company (Bank: LaSalle Bank) |
| Turnaround consultant | DEH Printed Circuits, Inc. | Profit improvement of a $24 million manufacturer of printed circuit boards (plants in Elgin, IL and Phoenix, AZ) | Hired by the company (Banks: Creditanstalt, First Source) |
| Turnaround consultant | Duro-Test Lighting Corp. | Profit improvement of a $62 million manufacturer and distributor of specialty lighting. | Hired by the management of the company |
| Turnaround consultant | National Latex Products | Profit improvement of a $25 million rubber balloon and ball manufacturer located in the Midwest | Hired by the management of the company |
| Turnaround consultant | Houston Wire & Cable | Profit improvement of a $130 million wire and cable distributor with 10 branches nationwide. | Hired by the company (owner: Code, Hennessy & Simmons) |
| Turnaround consultant | Fitzgerald Forest Products | Restart of a log processing (veneer) plant | Bank: Creditanstalt |
| Turnaround consultant | RHC/Spacemaster Corp. | Turnaround of a specialty metal fabricating plant making retail store showcases, specialty fixtures and faceouts | Hired by the parent company |
| Turnaround consultant | Calumet Armature | Assisted management in its financial and operational restructuring through a Chapter 11 process | Hired by the company upon recommendation of the lender: LaSalle National Bank |
| Turnaround consultant | Matt-Son | Assisted management in reducing working capital investments in inventory plus assisted the management in selling the company after the turnaround was complete. | Hired by the company and approved by the bank. The bank supporting the company was American National Bank |
| Turnaround consultant - Interim CEO | Equality Specialties, Inc. | Manufacturer and importer of decorative packaging and point of purchase materials. | Hired by company at urging of lender, Antares Capital |
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10 South Riverside Plaza Suite
1800
Chicago, IL 60606
(312) 474-6176
(312) 474-6099 Fax
consultants@horizonadvisors.com