Official Committee of Unsecured Creditors of Whyco Finishing Technology Retains TrueNorth Capital Partners
Norwalk, CT, May 2009 – TrueNorth Capital Partners LLC is pleased to announce that it has been retained to act as financial advisor to the Official Committee of Unsecured Creditors of Whyco Finishing Technology LLC (“Debtor”). On December 8, 2008, Debtor filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code in United States Bankruptcy Court for the Eastern District of Michigan. The Debtor is engaged in the metal finishing business, primarily functional chromium plating, and provides specialty plating services to a variety of industries, including automotive, aerospace, and medical. The Debtor has three wholly-owned subsidiaries and operations in Connecticut, Ohio, Michigan, New York and China. The Debtor’s principal manufacturing operations are in the United States and its corporate headquarters is in Detroit, Michigan.
TrueNorth provides merger and acquisition advice, restructuring guidance, valuations and fairness opinions to middle market companies. Capitalizing on the vast international M&A and restructuring backgrounds of the three founders, the firm provides sophisticated financial advice to clients in an underserved market. As an independent advisory firm, free from conflicts, TrueNorth places the client’s interests first and delivers best in class expertise.
As a firm, we look forward to assisting our clients in these challenging times. Any further inquiries can be directed to the Principal below.
For further information visit our website at www.truenorthcp.com or contact:
TrueNorth Capital Partners LLC
40 Richards Avenue
Third Floor, Suite 309
Norwalk, CT 06854
Jeffrey B. Gaynor – firstname.lastname@example.org