DANBURY, Conn., May 19, 2016 /PRNewswire/ -- Today Alderman
& Company® announced that it has completed its engagement as
the exclusive financial advisor working on behalf of the largest
shareholder and principal creditor of Rada Electronic Industries,
Ltd. (NASDAQ: RADA). Alderman and Company was retained by the
law firm Pillsbury Winthrop Shaw Pittman LLP ("Pillsbury") to
provide exclusive investment banking services to the shareholder's
and creditor's professional team tasked with restructuring and
recapitalizing their ongoing financial interests in RADA.
Robert B. Robbins, the leader of
Pillsbury's Corporate & Securities practice and lead counsel in
regard to this engagement, commented "Alderman & Company
provided outstanding financial advice to the restructuring team, in
the areas of forecasting cash flows, valuing securities and
developing creative financial solutions to enable our client to
enter into a series of successful agreements designed to maximize
their financial recovery."
About Pillsbury Winthrop Shaw Pittman LLP
Pillsbury is
a full-service law firm with an industry focus on energy &
natural resources, financial services including financial
institutions, real estate & construction, and technology. Based
in the world's major financial, technology and energy centers,
Pillsbury counsels clients on global business, regulatory and
litigation matters. We work in multidisciplinary teams that allow
us to understand our clients' objectives, anticipate trends and
bring a 360-degree perspective to complex business and legal
issues—helping clients to take greater advantage of new
opportunities, meet and exceed their objectives, and better
mitigate risk. This collaborative work style helps produce the
results our clients seek. www.pillsburylaw.com
About Alderman & Company®
Founded in 2001,
Alderman & Company® provides strategic and financial advice to
companies, and their shareholders, lenders, and other stakeholders,
in the middle-market of the aerospace and defense industry.
Alderman operates through three affiliated companies: Alderman
& Company Advisors, LLC (registered investment advisor),
Alderman & Company Capital, LLC (broker-dealer), and Alderman
& Company Consulting, LLC (management consulting). All
securities transactions are made through Alderman & Company
Capital, LLC, a member of FINRA and SIPC and registered with the
United States Securities and Exchange Commission. More about
Alderman & Company® can be found on www.aldermanco.com
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SOURCE Alderman & Company