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CRS Capstone Partners Advises Karmaloop, Inc.

March 2015

Industry:  E-Commerce, Retail

Challenge:  After several years of rapid growth, Karmaloop was faced with the challenges of the ever dynamic retail clothing and e-commerce market. The fallout of unsuccessful ventures and its associated debt, combined with the competition from low cost behemoths like Amazon, put Karmaloop on the defensive.

Solution:  CRS was originally hired as Interim Chief Financial Officer and, subsequently, as Chief Restructuring Officer and Financial Advisors to navigate Karmaloop through a Chapter 11 restructuring and sale.

Results:  Managed substantially all of the company’s operations and guided it through a successful sale under §363 of the Bankruptcy Code.

Awards & Accolades

2016
Small Markets Turnaround Deal of the Year
2016
Section 363 Sale of the Year
2016
Distressed M&A Deal of the Year

Lead Professional

Brian Davies

Managing Director