by Lou Kertesz | Apr 17, 2024 | Lending, Banking and Financing
Over the past year, several of our clients have asked Revitalization Partners to assist them in raising additional debt for their companies. In most of these cases, the company has either outgrown its current debt facilities or hit a roadblock and needs funds for...
by Lou Kertesz | Apr 3, 2024 | RP Press Releases
Seattle-based Restructuring and Turnaround Firm Adds Richard von Riesen (SEATTLE, WA) – Revitalization Partners has announced that former corporate executive and senior advisor Richard von Riesen has joined the RP team. Mr. von Riesen brings more than 30 years of...
by Lou Kertesz | Mar 20, 2024 | Distressed Companies
The month of March is Women’s History month and as a tribute to International Women’s Day, we would like to highlight some of the important accomplishments of women business owners. A recent study, 2024 Wells Fargo Impact of Women-Owned Business Report, found...
by Lou Kertesz | Mar 6, 2024 | Receiverships and Bankruptcy
In our continuing series, Tales from the Receivership Trail, we are sharing an interesting story that shows for sure that crime does not pay. Situation: A 50% owner (Owner A) of a flooring contracting business suspected that the other 50% owner (Owner B) was...
by Lou Kertesz | Feb 22, 2024 | Distressed Companies
A recent Grant Thornton CFO survey conducted in the fourth quarter of 2023 showed dramatic increases in finance leaders’ expectations of their ability to meet business goals related to their supply chain needs, labor needs, increased customer demand, cost...
by Lou Kertesz | Feb 7, 2024 | Distressed Companies
We have worked with a number of family-owned businesses over the past twenty years and have learned that they have many unique qualities. A recent study completed by McKinsey and Company supports that finding and, in fact, has found that family-owned businesses...
by Lou Kertesz | Jan 24, 2024 | Distressed Companies
A new study by the US Chamber of Commerce published in December 2023 found that small businesses are getting hit with a disproportionate share of lawsuits and they end up paying out billions in damages. The study, based on statistics researched from 2021, found...
by Lou Kertesz | Jan 10, 2024 | Operations and Risk Management
As the calendar turns over to the new year 2024, most CEOs and boards of directors are thinking about a number of ways to improve their business. The topics typically range from growing revenue, improving productivity, improving employee morale, or increasing...
by Lou Kertesz | Nov 29, 2023 | Lending, Banking and Financing
In the intricate landscape of financial markets, the decline in loans to small and mid-sized businesses has become a pressing concern. Traditionally, banks have played a pivotal role in fueling the growth of these enterprises, serving as a lifeline for...
by Lou Kertesz | Nov 15, 2023 | Receiverships and Bankruptcy
Recently, Revitalization Partners was approached by a potential client who wanted assistance in closing down their business. They, being more of an artist than a businessperson, had turned over the management of the business to individuals recommended by...
