Case Study: Global Chemicals and Mining Equipment Manufacturer achieves fully functioning treasury operations and 20% debt reduction with Rochford Capital

Global Chemicals and Mining Equipment Manufacturer - Customer Case Study

Global Chemicals and Mining Equipment Manufacturer, a subsidiary of a global chemicals and mining equipment manufacturer acquired by a private equity sponsor, needed to keep treasury personnel with the parent while still building new treasury processes across 17 countries. The CFO and Financial Controller lacked the time and direct experience to manage the transition, and the company needed new banking facilities, a Treasury Management System infrastructure, and cash management support. Rochford Capital provided treasury advisory and implementation services to fill the gap.

Rochford Capital built a global cash flow forecasting model, coordinated weekly forecasts, worked with banks to set up and collateralize global facilities, and actively managed liquidity by sweeping excess cash to head office for debt servicing. With Rochford Capital’s support, the business had a fully functioning treasury team from day one, improved visibility and communication across finance and banking teams, and achieved a debt refinancing 12 months ahead of schedule plus a 20% reduction in principal debt.