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

Sell-side services for large multi-national company

Business issue

Our multi-national client manufactures and distributes engineered products for global energy infrastructure including valves, actuators, meters, switches, regulators, piping products, natural gas-fueled engines, retail fuel dispensers and associated retail point of sale systems, and air and gas handling equipment. In addition to promoting organic growth among all of its product lines and brands, the company routinely evaluates businesses for acquisition to strategically complement its existing products and services and divests non-core business assets.

Our client elected to sell one of its mid-sized subsidiaries to a financial buyer. Because the client had several other pressing matters to prioritize including litigation, testing key controls over financial reporting for Sarbanes-Oxley compliance, and responding to critical financial reporting issues, Riveron was asked to lead the divestiture process as a discreet, turn-key engagement.

Riveron approach

Riveron provided financial analysis, modeling, and working capital analysis to support the pricing of the business and negotiations with the buyer. We walked our client through the asset purchase agreement and demonstrated how the agreement reconciled with recent results of the for sale company. We served their management team as key coordinator and liaison to the buyer and helped provide a smooth extraction and transition of operations and financial reporting to the buyer.

Benefit to our client

Having confidence in our team to manage and deliver its divestiture with limited oversight, our client was able to focus on other matters of critical importance to the business. Administration, coordination, and transition issues that could have been a distraction to the executives of our client were instead handled successfully by our team.