by Lou Kertesz | Jun 29, 2022 | Operations and Risk Management
Cancelled flights, pilots striking over working hours, air fares up over 38% from pre-pandemic levels and every airline blaming, in part, a shortage of pilots. The United States is facing its worst pilot shortage in recent memory, forcing airlines to cut...
by Lou Kertesz | Jun 15, 2022 | Operations and Risk Management
The auto industry is rapidly shifting its focus from gasoline-powered automobiles to electric vehicles (EV) for a variety of reasons. The main driving force for this change is an increasing global focus on climate change and reducing the carbon footprint of...
by Lou Kertesz | Jun 1, 2022 | Lending, Banking and Financing
There is no question that major economic indicators are pointing in the wrong direction and as a result, small to medium-size businesses are facing a number of challenges in maintaining a profitable business, let alone trying to initiate growth plans. Given...
by Lou Kertesz | May 19, 2022 | Operations and Risk Management
The world is changing, perhaps more rapidly than we ever expected. Fuel prices are at the highest level in history. Open employee positions are hard to fill. Anything connected with operating a business, from salary to inventory to rent to travel costs more and...
by Lou Kertesz | May 4, 2022 | M&A/Capital Markets
THE PROBLEM Identifying business value is one thing. Unlocking it – particularly when under duress – requires different skill sets. The process is both art and a science, which is appropriate in this particular case, since Revitalization Partners’...
by Lou Kertesz | Apr 20, 2022 | Operations and Risk Management
There have been numerous articles, books, movies and documentaries published about the Elizabeth Holmes – Theranos story over the years. In recent years, however, the focus has been on how Elizabeth Holmes could go from a CEO of a company with a $9...
by Lou Kertesz | Apr 10, 2022 | Lending, Banking and Financing
A recent September 2021, Texas bankruptcy court ruling is a cause for concern for lenders who deal with borrowers that have defaulted on their loan agreements. In an advisory proceeding originated by the Chapter 7 trustee, the Dallas bankruptcy court handed...
by Lou Kertesz | Mar 24, 2022 | Operations and Risk Management
In recent weeks, Revitalization Partners has been approached by several companies for assistance. While the problems at each company differ, there is a common thread that runs through the requests. None of the companies that we have spoken with have current...
by Lou Kertesz | Mar 9, 2022 | Distressed Companies
In our last article, we discussed some of the difficulties with Company CEO’s that can cause problems for a company. But, in many companies, the CEO reports to a Board of Directors. In this article we look at what happens when it isn’t the CEO that is having...
by Lou Kertesz | Feb 23, 2022 | Distressed Companies
It’s not unusual to see headlines that highlight companies that are in trouble or in some form of distress. They may range from companies that have had multiple layoffs, those that are having significant financial difficulties, or are filing bankruptcy for the...