Restoration Forest Products Group, LLC (“RFOR”), founded in 2008 in Bellemont, Arizona, is a leading sustainable forestry and wood products manufacturing company. RFOR utilizes sustainable forestry practices to mitigate the risk of catastrophic wildfires and improve forest health. RFOR began construction on a new sawmill; however, significant delays in construction and cost overruns as well as slow operating performance following the COVID-19 shutdowns caused RFOR financial distress. As a result, RFOR elected to file for Chapter 11 protection with a prepackaged Plan of Reorganization.
Intrepid was retained as the exclusive investment banker to RFOR. Intrepid provided expert testimony and valuation support for the Plan of Reorganization. In April 2024, RFOR successfully emerged from Chapter 11 bankruptcy protection.