February 23, 2018
Croft & Bender Serves as Financial Advisor to The Erosion Company on its Recapitalization by Tecum Equity
has been recapitalized by
The Erosion Company provides erosion control and related site services to the construction industry.
The Erosion Company provides erosion control and related site services to homebuilders, commercial contractors and infrastructure service providers throughout the Southeast.
The Company engaged Croft & Bender to help it evaluate strategic alternatives, including an equity investment or strategic sale of the business. Croft & Bender worked with the Company to build a financial model, develop marketing materials, conduct management presentations, manage the diligence process and negotiate with interested parties.
Croft & Bender successfully negotiated the recapitalization of the Company by Tecum Equity.