Sechler Foods, Inc.

Client Profile
Sechler Foods (Sechler Foods or the ‘Company’) and Sechler Poultry (“Sechler Poultry” or the “Company”) ran a processing plant which killed, cooked and diced chicken utilized for soup and salad applications.
Situation
Sechler Foods and Sechler Poultry were start-up operations two years prior to SSG’s retention. The Companies had begun to turn cash flow positive, however, they were saddled with substantial liabilities due to their startup, and their existing senior lender wanted out.
Solution
SSG privately placed a combination of senior debt and equity which allowed the Companies to refinance out of their existing senior lender, while providing the companies with liquidity to run their business.