WYNIT

WYNIT

Case Study

Acquired inventory, A/R, and fixed assets through a 363 bankruptcy sale. 

WYNIT was a leading North American distributor of products from top national brands in drones, photo, video, specialty print, rugged retail, and emerging technology industries.  When the company filed for voluntary Chapter 11 bankruptcy protection, Gordon Brothers purchased the assets through a 363 sale and provided significant upside sharing to the debtor as part of a stalking horse agreement.
 

Gordon Brothers successfully managed the sale, providing both large upside share dollars and millions in operating expense savings for the estate.