VCFO AND REVITALIZATION PARTNERS ANNOUNCE STRATEGIC RELATIONSHIP
Austin, Texas – vcfo, a specialized consulting firm that provides access to expert-level finance, HR, technology and operational support, and Revitalization Partners, an international business management and advisory services firm with expertise in corporate restructuring, bankruptcy support and advisory services, announced today a strategic relationship to expand operations.
The companies bring to market an integrated suite of finance, HR, technology, recruiting,, outsourcing and management consulting services to improve business performance and address emerging market trends.
This relationship enables vcfo to offer clients deeper capabilities in business reengineering and bankruptcy support including interim CEO and COO placements, while Revitalization Partners can now address a broader set of finance, HR, recruiting and technology needs.
“Our combined team is highly adept at providing C-level support and guidance during both growth and challenging business cycles. The ability to rapidly assess, shift and reengineer operational strategies and processes that impact bottom-line performance is crucial to the success of our clients and the long-term sustainability of their businesses – especially given the uncertainty of many markets in which they operate,” said Ellen Wood, CEO, vcfo. “Not only does the relationship with Revitalization Partners widen the totality of impact vcfo can deliver to transitioning organizations, provide critical paths to debtor-in-possession and assist companies in obtaining the appropriate financing for their business, but it underscores a shared commitment to continually evolve and expand our service portfolio to support clients at every stage.”
“Our engagements are about business optimization, restructuring and profitable growth,” said Al Davis and Bill Lawrence, co-managing members, Revitalization Partners. “Joining forces with vcfo will enable us to have a greater impact across client organizations, deploying a much broader set of solutions and talent that improves companies and prepares them for inevitable change.”
According to the Pew Research Center, 10,000 baby boomers per day will be reaching age 65 through 2030. Many of these individuals head family businesses. Assisting these business owners secure long-term value, redefine exit strategies, and transition management will provide additional growth opportunity for vcfo and Revitalization Partners.
“Since vcfo’s founding, we’ve worked with more than 2,500 clients to make their companies stronger and have always applied a 360° approach,” said Wood. “We don’t just work the numbers; we work the opportunities that contribute to growth and optimization for our clients. This relationship puts additional arrows in our collective quiver to deliver the outcomes clients want and need.”
Founded in 1996, the firm’s original core offering was fractional or part-time CFO services. The company’s services have long since evolved to include an integrated suite of finance, HR, technology and recruiting support, including outsourcing and consulting services that improve operational performance and optimize productivity. For more information, please visit https://www.vcfo.com.
About Revitalization Partners
Revitalization Partners is an international specialty management services firm that provides hands-on interim executive management and advisory services to client companies specializing in under-performing, turnaround, bankruptcy and workout situations as well as repositioning companies faced with changing market and funding situations. Revitalization Partners focuses on driving performance improvements and strengthening the overall position of the company. For more information, please visit http://revitalizationpartners.com/.