Project detail - R2 ADVISORS LLC

R2 ADVISORS LLC

Status: Approved investment
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Disclaimer

The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer

R² Advisors LLC is a consultancy specialized in restructuring and crisis management, transaction services, business assessment and performance improvements, who has been hired to support Envirofit International (FMO PE client).

What is our funding objective?

The aim of this project is to support Envirofit to cover the costs for a restructuring consultant, who should assist management in fundraising, help the company overcome the current liquidity crisis and advise on current inefficiencies in the business.

Why do we fund this investment?

Envirofit’s products offer clean, efficient and cheaper cooking solutions which reduce the indoor smoke, toxic emissions from cooking and the fuel costs, while improving cooking efficiency. This leads to CO2 and black-carbon emission reductions, as well as improved health of the household’s users.

Website customer/investment
http://r2llc.com/
Country
United States
Sector
Infrastructure, Manufacturing and Services
Effective date
9/26/2019
Total FMO financing
EUR 0.05 MLN
Funding
Building Prospects