Business Model
HURLEYS’ strategy starts by identifying the Target, a company ready for industrial restructuring, that is hindered by debt problems.
In order to give time to industrial recipes to produce their results, HURLEYS’ choice is to buy the existing bank debt as a whole and to make the cash available for the necessary investments to achieve the industrial results set.
After 24 months, once the industrial objectives have been achieved, HURLEYS must liquidate the investment with a defined and agreed Exit Strategy at the time of the initial investment.
Our customers are mainly international Groups interested in buying companies with adequate industrial value, once they have returned to a healthy condition. HURLEYS after a phase of economic restructuring and balance of assets, with return to profit, accompanies the company towards a new development cycle.
Case History
The business model and respect for our client companies require us to observe absolute confidentiality, in cases where we have been requested to do so:
CASE 1
A mechanical company
Debt acquired for € 10 million
New cash for € 3 million
Commercial and distribution restructuring
Exit after 24 months at doubled values.
CASE 2
A construction company
Debt acquired for € 14 million
New cash for € 4 million to complete the unfinished contracts
Delivery of finished products
Exit after 24 months with the company returned to strong profit.
CASE 3
A hotellerie company
Debt acquired for € 21 million
New cash for € 4 million to restructure one of the assets
Sale of one of the asset
Exit after 24 months, leaving the company debt- free.
CASE 4
A plastics company
Debt acquired for € 5 million
New cash for € 2 million as investment in new plastic-printing presses
30% reduction in production costs
Exit after 12 months.
CASE 5
A Mechanical company
Debt acquired for € 5 million
New Cash for 2 million to cover past due loans
General reorganization
Exit after 18 months with sale to another Investments fund.
CASE 6
A textile company
Debt acquired for € 10 million
New cash for € 11 million to invest in communication and retail
Closure of an inefficient production department
Exit after 24 months with sale to a Competitor.