Representative Transactions

Project Grain Elevator has refinanced operations through a local investment group

TRANSACTION LEADERS

PROJECT GRAIN ELEVATOR (the “Company”) – SC&H Capital was retained to find an investor, joint venture partner, or source of refinancing for this established grain elevator operation that included three locations and an intermodal rail hub. The existing lender did not want to continue to fund grain hedging and established a deadline for the Company to pay off their existing debt or the bank would proceed to foreclose. With farmers being the Company’s customer base, filing chapter 11 was not an attractive option.

SC&H Capital launched an intense international marketing effort and within several weeks received nine letters of intent that included entirety asset sales, joint venture partnerships and refinance offers, all of which would make the existing lender whole and most allowed the owner the opportunity to maintain ownership in the Company. The owner decided to move forward with a refinance package negotiated with an investor group which allowed him to pay off the existing lender by the established deadline and allow him the time needed to negotiate a joint venture relationship that made the most sense for him.