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Detail

The CPI Group of Companies

The CPI Group of Companies (“CPI”) retailed professional portrait photography of young children, individuals and families. CPI had over 1,500 employees in Canada; it was headquartered in St. Louis, Missouri and operated from over 300 Wal-Mart and Sears locations in Canada.

We were appointed as Receiver in Canada to run a sale process for CPI’s Canadian business. At the time of our appointment, the US operations had been discontinued. As Receiver, we worked with management to oversee operations for over a year, during which we addressed complex pension and tax matters and carried out a Court-approved sale process. The sale process resulted in a going-concern sale of the business.

  • St. Louis, MO
  • Advisory; Receivership; Bankruptcy
  • Advisor; Court-appointed Receiver; Trustee in Bankruptcy
  • Retail

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