hhgregg, Inc.

ABOUT THE CASE

hhgregg, Inc.

SECTOR: Consumer Discretionary - Retail
CONFIRMED DATE: March 2017
ROLE: Financial Advisor to the Official Committee of Unsecured Creditors
hhgregg operates as a multi-regional retailer that provides an extensive selection of appliances, consumer electronics, and furniture throughout 19 states and online. Province was hired by the official committee of unsecured creditors to assess the company’s viability as a going concern and to scrutinize the DIP financing, cash flow budget, and sale/liquidation process. Province also proactively searched for unencumbered assets and additional sources of value in order to provide a path to repay unsecured creditors’ administrative claims and preserve potential future recovery on general unsecured claims.
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