The Company

Gaylord Construction

An Iowa-based construction company that specialized in directional boring for fiber optic cable burial.

The Challenge

After filing for bankruptcy protection, the court appointed a Chapter 11 Trustee, who shut down the business.

The Process

Equity Partners was retained by the Trustee to quickly sell the assets of the business at maximum value. After conducting a successful 10 week, global marketing campaign, an auction date was set to sell the assets in bulk.

The Solution

After a competitive auction, the assets were sold to Overland Construction, which was able to bring back some of the employees who had been let go when Gaylord Construction shut down.