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