Alvarez & Marsal (A&M) appointed Mike Trenouth as a managing director for its expanding European private equity practice in London. Previously, Trenouth worked for L.E.K. Consulting, iForce and Celerant.
Riveron Consulting announced that Andy Massey has joined the firm’s Dallas office as senior manager, responsible for due diligence and client service.
When a field examiner discovers inconsistencies upon her review of a modular home manufacturer applying for an increased line of credit, she ultimately uncovers fraud.
In today’s economic environment, maintaining market share and revenue are oftentimes a daunting challenge. Growing revenue — even more so. If you conclude that the acquisition route is a good mechanism to achieve this growth, proceed cautiously! With the proper planning, third-party involvement, due diligence and integration, you should be able to make it a successful effort.
Whether you perform your due diligence internally or outsource it, it is important that you do your due diligence before you enter into any lending or factoring agreement. A little homework on the front end will result in a healthy portfolio that is easily managed. More importantly, it will reduce your exposure to unnecessary risk.
Missing deadlines, poor data and information flow, and reworking previously completed borrowing bases and valuations engender costs that fall heavily on service providers, but also impact the resources of a lender. Deals subject to extensive delays form a poor foundation for future cooperation between the lender and the company. The following article offers five point to consider in order to avoid a drain on resources — financial or otherwise.
There’s nothing like a fresh start. With the economy just starting to level out and a rebound expected to start in 2010, now is as good time a time as any to get back to the basics. 1st West’s Jerry Oldham tells us why the four Cs of Credit still matter.