Appointing a new CEO for major Spanish machinery business
The Situation
HUNE, is the second largest Spanish company in the machinery and platform lift business.
It is owned by the global PE firm Advent International.
Current debt structure rise to more than 25 times EBITDA.
The Solution
Engaged an Interim Chief Financial Officer (CFO) and a Restructuring Advisor (CRO)
Appointed a new CEO of the company