Tampa, FL, April 21, 2009 – Focus Management Group (“Focus”) has been appointed as Financial Advisor to Monaco Coach Corporation (“Monaco Coach”) under an Order entered by the United States Bankruptcy Court for the District of Delaware. The Company voluntarily filed for Chapter 11 bankruptcy relief on March 5, 2009.
Focus Management Group provided Monaco Coach with advisory services prior to the Company’s Chapter 11 filing, and post petition is performing a broad range of financial reporting, consulting and advisory services on behalf of the Debtors as required in their Chapter 11 case.
Monaco Coach has been the nation’s number one producer of diesel-powered motor homes and a leading manufacturer of motorized and towable recreational vehicles. Headquartered in Coburg, Oregon, with manufacturing facilities in Oregon and Indiana, Monaco Coach offers RVs under the Monaco Coach, Holiday Rambler, Safari, Beaver, McKenzie, R-Vision and Dodge brand names, from entry-level Class B and Class C motor homes and lightweight towables to custom-built luxury Class A models. The Company is listed on the Pink Sheets under the symbol “MCOAQ”.
The Focus team is led by Robert Riiska, a turnaround manager and restructuring specialist who has extensive leadership experience in Chapter 11 reorganizations, financial restructurings and operational turnarounds. Mr. Riiska is a Managing Director of Focus Management Group and can be reached at 800-528-8985 or via e-mail at [email protected].
About Focus Management Group
Focus Management Group provides nationwide professional services in turnaround management, insolvency proceedings, business restructuring and operational improvement with a senior-level team of 120 professionals. Headquartered in Tampa, FL, with offices in Atlanta, Chicago, Cleveland, Greenwich, Los Angeles and Nashville, the firm provides a full portfolio of services to distressed companies and their stakeholders, including secured lenders and equity sponsors.
For additional information about Focus Management Group, please visit www.focusmg.com or call 800-528-8985.
