Challenge

The AGIM Interim CFO was hired to save a Czech entity of a European T1 supplier who had filed bankruptcy in Germany and was taken over by a bankruptcy administrator there. The Czech business had both clients and profitable projects but needed to find external funding to continue its business and not to be affected by the situation of the mother company.

Success

The AGIM Interim CFO prevented the Czech company from bankruptcy, ensured financing for ongoing projects and facilitated the sales of the company to a new owner ready to settling liabilities.