Winter Harbor LLC

O.C. Cluss Lumber and Building Supplies

New Lending Agreement Negotiated on Behalf of Company


O.C. Cluss Lumber and Building Supplies is a Pennsylvania-headquartered supplier of lumber and building supplies. They are private, family-owned company, which employs 265 associates. O.C. Cluss provides lumber and building materials to clients across the region. They are aluminum architects, glazing contractors and a professional installation services group with $50 million in annual revenue.

Our Role

As Financial Advisor, we assessed the Company’s 2018 and 2019 financial forecast, in addition to the development of a 13-week cash flow budget. Moreover, our professionals:

  • Developed firm-wide restructuring initiatives.

  • Prepared a 13-week cash flow schedule.

  • Lead negotiations on behalf of O.C. Cluss with creditors and senior lenders.

Engagement Outcome

O.C. Cluss presented our comprehensive business assessment and improvement recommendations to its secured lender, in addition to implementing restructuring initiatives outlined in the assessment. We assisted the Company with negotiating a new lending agreement with its senior secured creditor.