Clare York Group is a privately held American situational capital and restructuring advisory firm. CYG was founded in 1999 by Gregg Yorkison, a seasoned investor in crypto, multiple blockchain companies, Fintech, and traditional businesses. Since 1999, Clare York Group Los Angeles has successfully managed over $300 million in deals, investments, and distressed business turnarounds.
Clare York Group
With experience in over 15 industries, Clare York Group Los Angeles specializes in Fintech and traditional middle-market businesses. Being small and successful, the firm is outcome-focused and able to work efficiently to a resolution much more quickly than average. The investment experts at CYG work with various stakeholders in troubled situations to drive recoveries with the best outcomes in the shortest amount of time.
Industry coverage includes:
- Fintech, including cryptocurrency, blockchain technology, and payments
- Healthcare
- Media
- Food manufacturing
- Distribution
- Manufacturing
Effective solutions
Clare York Group clients have outside pressures that need to be managed swiftly so the owners can focus on their business, not the outside issues. CYG offers advisory services as well as providing capital to companies when they need it most. As flexible investors, they focus on more than traditional underlying assets. Clare York Group also takes into account both explored and unexplored opportunities for profit within a business. The capital provided by CYG may be debt, equity, or a combination of both.
“There are three things that we do, and we do rather well.”
Situational capital
Clare York Group is best known for situational capital. Situational capital is a structure that allows CYG to invest in one or sometimes several places in the capital stack. These investments can be debt, equity, or both depending on the state of the business. In a situational capital case, the firm steps in and becomes an investor during a time of company crisis. If there is a lender or an investor who taps out and can’t go forward, CYG will come and investigate the situation and assess the company as well as any untapped opportunities it may present. This often leads to CYG becoming the lead investor, taking that lead, and working with the business from there to navigate a successful turnaround.
Turnaround restructuring advising
Sometimes capital may not be the solution, or a business needs to be taken in a different direction in order to become profitable. CYG will work with the company’s stakeholders to drive change and monetize assets. In these situations, Clare York Group Los Angeles may step in as interim management or an agent of change. The firm works diligently to drive change and exit to maximize value to stakeholders.
Monetizing assets
Clare York Group is going to maximize recoveries and values of all assets so that the firm can make the necessary transactions, monetize opportunities, and get stakeholders paid. CYG drives an outcome far better and with much less risk and in less time than alternatives. Depending on the situation, there will be a focus on distressed M&A with company sales as a going concern, bankruptcy court §363 Sales, Assignment for Benefit of Creditors (ABC), liquidation of assets and personal property, and the monetization of intangible assets and claims.
