The company’s primary customers (cruise lines, hotels and restaurants) were severely impacted by the COVID pandemic causing sales to drop significantly. Management pivoted to focus on a B to C business model that resulted in their ability to be profitable in 2020. As their traditional business began to return in 2021 and growth opportunities became available, management engaged GCA to help them obtain financing.

With GCA’s assistance the Company was able to obtain both a working capital line of credit as well as equipment financing. The Company now has the sufficient financing to fund the rebound in their business, deal with the supply chain issues and look to acquire other related businesses.