$6M | Restructuring of coffee producer

KitsWest Capital served as restructuring advisor to a Vancouver-based coffee producer that entered a Companies’ Creditors Arrangement Act (CCAA) proceeding, advising on $6M of debtor-in-possession financing and a court-supervised going-concern sale of the business. The company faced liquidity pressure and required a structured path to stabilize operations, protect stakeholder value, and find a buyer capable of preserving the business as a going concern rather than triggering a liquidation outcome.

The mandate

The engagement covered financial analysis and restructuring strategy, preparation of cash flow forecasts and operational stabilization plans, arrangement of DIP financing with qualified lenders willing to lend into a court-supervised process, court-supervised sale process management including stalking horse considerations, identification and qualification of going-concern buyers, and execution through closing of the asset sale.

Why this transaction represents our practice

This $6M restructuring touches both restructuring and special situations advisory and going-concern M&A processes, the kind of multi-disciplinary mandate KitsWest is structured to handle. Independent advisory matters in distressed situations because objectives shift quickly between creditor protection, employee retention, going-concern preservation, and price realization, and shareholders benefit from advisors who can run sale processes inside formal insolvency proceedings.