Distressed Sales

Business asset sales pursuant to Section 363 of the Bankruptcy Code have become increasingly popular as a method by which buyers and sellers transfer financially distressed assets. Through a § 363 sale, company officers can fulfill their fiduciary obligations to creditors and ownership by maximizing value and minimizing transaction costs. Purchasers receive enhanced value by proceeding quickly in often deteriorating circumstances and obtaining the protections afforded by a sale “free and clear” of preexisting liens and interests, as well as enhanced finality compared to sales outside of bankruptcy.  Fort Dearborn has assisted companies through the § 363 process in a variety of situations.

Highlighted Engagements

$260M
Revenue

civil, marine, infrastructure and landscape construction and maintenance

$140M
Revenue

direct mail cataloger and web based retailer of musical instruments and accessories

$25M
Revenue

Open Die Metal Forging

$20M
Revenue

metal stamping and fabricated products

Experienced Professionals

FDP News

Dec - 21

Fort Dearborn Partners advises Foodservice Provider

Fort Dearborn Partners, Inc. served as the exclusive financial advisor to an Illinois-based foodservice provider and refinanced $17,500,000 of debt.

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Jul - 21

Brian Hartford joins Fort Dearborn Partners

Fort Dearborn Partners is pleased to announce that Brian Hartford has joined the firm as a Senior Director.

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May - 21

Fort Dearborn Advises Kanaflex Corporation, USA

Kanaflex Corporation USA (“Kanaflex” or the “Company”) is an industrial hose manufacturer with operations in Vernon Hills (IL), Compton (CA), and... Read More