Empire Scaffold

Empire Scaffold

Empire Scaffold is a leading provider of industrial scaffold services to the power, petrochemical and refining industries throughout the Gulf Coast region.

Challenge: Structure and raise senior and mezzanine debt as part of acquisition by private equity group for a company experiencing significant growth but marginal collateral base

Solution: Raised $13.0 million of Senior Secured and Subordinated Term Notes

  • The capital raised provided for partial recapitalization to senior management and significant capacity for future inventory purchases of scaffold
  • Andersen Partners played a significant role in the due diligence of the Company and the industry
  • Process included 12 investor meetings, resulting in the receipt of 12 term sheets
  • Funded by a public BDC