Case Studies
In order to better understand the work that GGG does and the extensive success that we’ve had, it can be helpful to view a selection of our cases. Explore these studies with a mind towards how GGG can apply its practical knowledge and experience towards assisting you and your unique situation. Please note that each of the companies discussed in our cases is either a public company whose situation is known or one that has released us to discuss their circumstances and successful turn-around. GGG highly values discretion and the privacy of its clients, so please note that you and your company will never end up here with our your explicit consent.
Turnaround
U.S. Trucking Company
Situation Located in Atlanta, GA, the Company primarily provided over-the-road trucking services throughout the United States. At the time of GGG’s initial engagement in 2017, the Company employed approximately 160 people. Despite significant growth in earlier [...]
Private Systems Integration Company
Situation The Company began operating in 2001 and experienced significant growth through the provision of both systems integration and professional services to customers across the Southeastern United States. However, two natural disasters in 2017 significantly altered [...]
USA Dry Van
Situation USA had grown rapidly from 2 trucks to almost 600 trucks and roughly $100M in revenue in less than 10 years without the appropriate infrastructure and controls to support a larger business. Prior to GGG’s involvement, USA [...]
The Cliff Communities
Situation In 2010 The Cliff Communities (“Cliffs”) obtained $64 million of financing from its members under a secured note offering. In early 2012, Cliffs was a conglomerate including six premier residential golf and country club developments situated in upstate [...]
Summitt Trucking
Situation Summitt Trucking LLC (Summitt) is a privately owned and operated asset-based Transportation and Logistics Company. Located in Clarksville, IN, they service an array of nationally-recognized shippers in both the refrigerated and dry van commodities. Prior [...]
Private U.S. Trucking Company
Situation A private trucking company heavily entrenched in the automotive industry wanted to diversify to the general commodities business as the automotive industry started to deteriorate. Although they were making progress towards diversification, rumors of the impending [...]
Life University
Situation Founded in 1974, Life University set the standard of excellence in contemporary health for its chiropractic undergraduate and masters degree programs; the school had obtained an all-time high enrollment and was embarking on an expansion [...]
Highway Construction
Situation A heavy highway construction company focused on a shrinking residential housing market wanted to reposition itself into the public bid utilities market in order to survive. Since the company’s strategies, operations management approach and financials [...]
Charter School of Arts and Sciences
Situation The Charter School of Arts and Sciences, one of the largest in the U.S., was experiencing severe losses. As a result, the school’s authorization was at risk. In addition, expansion had been financed with $30 [...]
C&C Technologies, Inc
Situation C&C Technologies (C&C) was the world’s largest privately owned Global Oil Sub-Sea Survey Services Company. Headquartered in Lafayette, LA, C&C serviced drilling operations across the globe, both on land and offshore. However, C&C’s expansion strained [...]
Benton-GA, Inc
Situation Benton-GA, Inc., a utility contractor, experienced a booming business when the economy was expanding. However, after many years of profitability, unprofitable long-term contracts with major customers resulted in severe declines in cash flow and ultimately [...]
Receiver
Send the Light
Situation With the emergence of Amazon, this Christian book wholesaler found a lot of its customers, independent Christian bookstores, going out of business. The debt holder wanted GGG to go in as the Receiver, in the [...]
Mosaica Education, Inc
Situation Mosaica Education, Inc. operated charter schools in multiple states and overseas with more than 8,500 students actively enrolled in 24 local schools. After several years of supporting unprofitable schools and investing in international ventures Mosaica found itself unable [...]
Laidlaw Environmental, Inc. New York
Situation Laidlaw was a co-generation plant that supplied power to the New York power grid and operated a kiln drying facility. GGG was engaged to assess the company due to a default on its secured bonds. [...]
Sale
Mosaica Education, Inc
Situation Mosaica Education, Inc. operated charter schools in multiple states and overseas with more than 8,500 students actively enrolled in 24 local schools. After several years of supporting unprofitable schools and investing in international ventures Mosaica found itself unable [...]
Trendset, Inc
Situation Trendset Incorporated (Inc.) was a major provider of freight audit and payment services located in Greenville, South Carolina. It provided bill payment services and by 2013 had invoices with a value of around $10.75 billion. [...]
Southern Regional Health Systems
Situation Southern Regional Health Systems, Inc. (SRHS) is a community hospital serving the citizens of Clayton County in Georgia. Like many community hospitals in the United States, SRHS had run into several years of financial deficits [...]
Trustee
Trendset, Inc
Situation Trendset Incorporated (Inc.) was a major provider of freight audit and payment services located in Greenville, South Carolina. It provided bill payment services and by 2013 had invoices with a value of around $10.75 billion. [...]
Bankruptcy
Eat Here Brands
Situation After trying to open too many restaurants at once, Eat Here Brands found itself with mounting debt and several closed locations. However, it still had six performing locations as well as a seventh location under [...]
Verilink Corporation
Situation Verilink Corporation (NASDAQ: VRLK} offers a suite of products that provide access, multiplexing and transport of voice and data services that extend legacy networks; the company also offers next generation converged access solutions that deliver [...]
Trendset, Inc
Situation Trendset Incorporated (Inc.) was a major provider of freight audit and payment services located in Greenville, South Carolina. It provided bill payment services and by 2013 had invoices with a value of around $10.75 billion. [...]
Southern Regional Health Systems
Situation Southern Regional Health Systems, Inc. (SRHS) is a community hospital serving the citizens of Clayton County in Georgia. Like many community hospitals in the United States, SRHS had run into several years of financial deficits [...]
Signal International, Inc
Situation Signal International, Inc. and affiliated entities (Signal) is engaged in the business of offshore drilling rig overhaul, repair, upgrade, and conversion, as well as new shipbuilding construction. Its operations are in Mobile, Alabama and Pascagoula, [...]
Plymarts, Inc
Situation Plymarts, Inc. was a 350 million dollar forest product business located in Atlanta, Georgia. The company had three subsidiaries including lumber yards, a custom stair business, and a specialty design and installation business. Swept into [...]
Pinnacle Towers, Inc
Situation Pinnacle Towers, Inc. (NASDAQ: BIGT), a 200 million dollar revenue provider of wireless communications space, was planning to file for Chapter 11 under the Bankruptcy Code to restructure their balance sheet. Action GGG worked with [...]
NETBANK, Inc
Situation NetBank, Inc. (NASDAQ; NTBK) was a bank holding company that owned several entities, including a thrift. Due to heavy NetBank, Inc. losses in consumer financing and mortgage lending, the FDIC, in one of the first [...]
Lynx Chemical
Situation Lynx Chemical, a specialty chemical manufacturer, had one plant devoted to the carpeting industry and another to small batch specialty manufacturing for an assortment of other chemical companies. As the result of selling a separate [...]
Jocks and Jills
Situation The Board of Jocks and Jills, a popular sports bar, was forced to file for protection under Chapter 11 of the Bankruptcy Code following a large legal judgment and the firing of its President. Action [...]