Vincent d’Amérique Inc.
“We’ve sure weathered some storms for five years! Thanks to Éric’s strategic advice, I learned to manage my company’s finances and better assess the impact of my decisions on the financial health of my cash flow… After all, the cash flow is the crux of a business. Éric made me fully understand that!”
Michel Grondines
CEO
Our support
Client : Michel Grondines – CEO
Company : Vincent d’Amérique Inc.
Year : 2018 to today
The mandate at a glance
-
Establishing financing for the purchase of shares between shareholders
-
Supporting the president in optimizing the financial management of the company
-
Preparing a postponement proposal in 2020 during the COVID-19 pandemic crisis
-
Support in developing a recovery plan during the pandemic
JURIFINANCE’s support
Michel Grondines, the president of Vincent d’Amérique, contacted JURIFINANCE in 2018 for support in seeking out and obtaining financing. He was then preparing to buy the shares of the founder of the company.
We then advised Mr. Grondines in his financial management, fostering his understanding of key concepts, in particular that of cash flow. This support proved essential during the COVID-19 pandemic, when sound cash flow management became more important than ever.
During this difficult period for retail sales, JURIFINANCE helped Vincent d’Amérique draw up a postponement proposal, allowing the company to get through the pandemic in an enviable position.
