Devonshire Holdings, Inc. - Corporate Financial Advisors

Selected Case Histories

California Data Base Management Company
We acquired the Company via a competitive bid and implemented a successful turnaround. We then assisted in merging it into a public Company. The combined Companies have returned over 300% to investors. Transactions valued at $80 mm.

Multinational Cosmetics Company
This major cosmetics and skin-care Company was burdened with LBO debt and management turmoil. We assisted in the restructuring of $1.4 billion of acquisition debt and implemented a three-pronged program to 1) generate cash, 2) cut costs and 3) further repayment of debt.

Canadian/Dutch Waste Recycle Company
Took over management of the Company and devised a refinancing and restructuring plan. Also implemented a new marketing and logistics plans. Obtained a Dutch Government Guarantee of $35 mm for the financing of a new plant in The Netherlands.

U.S. Garment Manufacturer
We undertook two financial restructurings and operational turnarounds over several years. We supplied new financial management, implemented financial controls and sound cash management systems, downsized the Company and reduced fixed costs. Eventually, we merged the Company into its largest supplier

Exchange Listed Environmental Services Company
Devonshire was engaged as the Company's investment banker to reorganize it through Chapter 11. We sold several subsidiaries and liquidated the Company.