Financial Consulting Services - Riveron Consulting, Riveron is a unique financial consulting firm serving middle-market private equity funds and their portfolio companies. Our mission is to help clients maximize the value of both strategic and financial transactions through buy-side and sell-side financial due diligence and other special project accounting and finance services, buy side financial due diligence, sell side financial due diligence, transaction support, normalize EBITDA, transaction integration, transaction support, financial reporting and accounting, accounting and financial, reporting restatement services, private equity services,quality of earnings, quality of assets,working capital analysis, audit preparation,acquisition integration, carve out accounting, public offering planning, forensic accounting, transaction advisory,interim financial executives, merger and acquisition services, private equity consulting consultants, Riveron Consulting, Riveron

Post-transaction services for middle market private equity firm

Business issue

Our client has more than $80 million of committed capital and targets lower middle market companies focused on emerging domestic and underserved markets. These companies possess stable, high quality cash flows and a strong strategic profile. Typical investments range from $15 million to $100 million.

In addition to capital, our client provides significant operational experience and financial expertise to the management partners who operate its portfolio companies. Our client’s team members each have had distinguished careers and understand the unique needs and growth prospects of lower middle market companies.

Our client had recently closed on a deal and added a manufacturing company to its investment portfolio. In order to fulfill its strategy to grow the business, the private equity firm knew it needed a better understanding of prospective financial information. As a result, this client contacted Riveron to provide process improvement consulting and operational reporting transparency.

Riveron approach

We were initially asked to provide process improvement assistance related to management reporting so that better informed operational decisions could be made. Given our understanding of source information available to the business, we were able to give our client an independent assessment of the strengths, weaknesses and adequacy of the existing information system. In the end, we recommended an upgrade of the existing system and elimination of several redundant reports that were being maintained on a monthly basis in Excel.

Benefit to our client

Our client was able to leverage the resources of Riveron to improve the quality and timeliness of management reporting of its new asset. By documenting key processes, controls, policies, and procedures, Riveron was able to quickly and seamlessly transition day-to-day activities to the new Chief Financial Officer and Controller. Having confidence in the results being delivered by Riveron, our client was able to focus its attention on evaluating new investment opportunities and resolving issues among its other portfolio companies.