Representative Transactions

Emission Solutions, Inc. has continued operations through a transaction with CNG One Source

EMISSION SOLUTIONS, INC. – Based near Dallas, this developer, converter and marketer of OEM, medium-heavy duty CNG (compressed natural gas) engines had been put into an involuntary Chapter 11. With operations shut down and the loss of a major customer, the case was heading to a Chapter 7 conversion and liquidation when SC&H Capital was retained. A DIP lender was secured to fund the sales process and SC&H Capital quickly completed a 30 day marketing process and generated 4 potential stalking horse bids.

A stalking horse bid was selected and approved by the court and, a few weeks later, SC&H Capital conducted an auction of the assets with 3 going concern bidders.  After 13 rounds of bidding, the winner was selected. Closing occurred 7 days later and the new owner began reconstituting the business immediately.