SIT­U­A­TION

• B&C Tech­nol­o­gy pro­vides soft­ware to retail com­pa­nies relat­ed to GDPR (Gen­er­al Data Pro­tec­tion Regulation)
• Chi­ron was referred by Den­tons restruc­tur­ing group at the law firm
• B&C need­ed to raise cap­i­tal to get out of an admin­is­tra­tive restruc­tur­ing. They changed their busi­ness mod­el and got into a liq­uid­i­ty cri­sis which required admin­is­tra­tive pro­tec­tion under the French system
• Chi­ron pro­vid­ed finan­cial advi­so­ry and invest­ment bank­ing ser­vices (cap­i­tal raise)
• Exit­ed admin­is­tra­tive proceeding

OUT­COME

• The com­pa­ny con­clud­ed with excel­lent work­ing capital