by Lou Kertesz | Oct 4, 2023 | Operations and Risk Management
As Revitalization Partners celebrates twenty years of helping hundreds of companies and their CEOs overcome significant business challenges, we thought it would be appropriate to reflect on our experience helping businesses in distress. More often than not,...
by Lou Kertesz | Aug 7, 2023 | RP Press Releases
Al Davis will be on this panel: 11:05 AM – 12:00 PM “Factors in your Decision Tree on a Problem Loan” Al has served as CEO, President, Chief Restructuring Officer, Court Appointed Receiver and Management Advisor for public and private companies in...
by Lou Kertesz | Jul 24, 2023 | Uncategorized
Revitalization Partners Executes Complex Brewery Sale PR Newswire Mon, July 24, 2023 at 2:10 PM PDT·2 min read Court-Appointed Receiver Sells Formula Brewing LLC for Market-Based Multiple SEATTLE, July 24, 2023 /PRNewswire/ — After nearly two years of...
by Lou Kertesz | Jul 24, 2023 | RP Press Releases
Provided by PR Newswire Jul 24, 2023 2:10 PM PDT Revitalization Partners Executes Complex Brewery Sale PR Newswire SEATTLE, July 24, 2023 Court-Appointed Receiver Sells Formula Brewing LLC for Market-Based Multiple SEATTLE, July 24, 2023 /PRNewswire/ —...
by Lou Kertesz | Jul 5, 2023 | M&A/Capital Markets
It’s no secret that the landscape for selling a business has not been particularly favorable for business owners. Particularly in an environment where interest rates have substantially increased and where banks have moved to tighten lending requirements. This...
by Lou Kertesz | Jun 21, 2023 | Lending, Banking and Financing
Recently there have been a number of posts on social media regarding the tightening of credit from banks. The reasons given relate to several recent bank failures and attribute this tightening to banks being less willing to take “risks” with depositors’ money....
by Lou Kertesz | Jun 7, 2023 | Lending, Banking and Financing
Lender forbearance is a valuable tool for borrowers facing financial challenges, providing temporary relief from loan obligations. While forbearance offers immediate benefits, it is essential to consider the potential costs associated with this arrangement....
by Lou Kertesz | May 24, 2023 | Receiverships and Bankruptcy
A recent article in the Daily DAC, a newsletter focused on corporate insolvency, discussed the above-referenced topic. And while it made several interesting and educational points, the writer was based in Minnesota, and the article demonstrated the importance...
by Lou Kertesz | May 10, 2023 | Receiverships and Bankruptcy
While Revitalization Partners (RP) continues to see an increase in the number of inquiries related to distressed companies and receiverships, we have also seen an increase in receiverships occurring as a result of partnership disputes. The significant...
by Lou Kertesz | Apr 26, 2023 | Lending, Banking and Financing
The pullback in total lending in the last half of March was broad and included fewer real estate loans, as well as fewer commercial and industrial loans. Furthermore, the American Bankers Association index of credit conditions fell to the lowest level since the...
