Insights

Asset based loans (ABLs) are used by most retailers because they are secured by physical assets, in most cases inventory and accounts receivable (AR), thus they have a higher likelihood of being repaid in the event the company becomes distressed.

CR3 Partners is pleased to announce that Jeff Huddleston has joined as a Partner of the firm with the Houston team to continue to serve its growing client base across the U.S.

In the last 20 years, turnaround professionals have assisted thousands of clients who were predominantly referred by stakeholders within the company who have money to lose.

Winston Mar participated in the first 2024 installment of the quarterly ABL Advisor article series to discuss the state of the ABL industry and general market dynamics with other commercial finance industry participants.

CR3 Partners continues to add professionals across the U.S. to serve its growing client base and is pleased to announce that Spencer Ware has joined as a Partner of the firm in our New York office.

There's a difference between steady state management and change agents. A great steady state management team can execute an operating plan every day with precision. Deviations from a defined process can create conflict in an organization that is dedicated to staying the course.

Restructuring professionals wear many hats while executing a turnaround. They need to be skilled in finance, marketing, operations, human resources, and other areas. A strong turnaround professional is not only competent in these areas, but also knows when to leverage others.

For those who survived the global financial crisis (GFC) in 2007 and 2008, the aftershock seemed inevitable—and indeed it was. The capital invested in the middle market by private equity firms is exemplary.

On September 15, 2021, a grain elevator operator and processor of soybeans submitted an out-of-compliance borrowing base certificate to its secured lender. What followed was a novel bankruptcy case marked by massive complexity and a near-impossible positive outcome.

Much has been written about the labor shortage in the United States since the recovery from the 2020 COVID-19 recession. Yet there is little to no coverage on the changing demographic of retiring Baby Boomers and the lack of Generation X, Millennials, and Generation Z workers to take their place.

Dallas-based Partner Sugi Hadiwijaya recently teamed up with Dalton Potts at NRD Capital on a podcast highlighting topics of due diligence in the restaurant space. Listen to the full podcast brought to you by AICPA's Forensic and Valuation Services Section.

Roll-up mergers can create significant value through scale and cost savings, but not all roll-ups perform as expected. Speed of integration may be the most challenging factor when acquiring and consolidating multiple assets.

CR3 Partners is pleased to announce the creation of the Talent Leader role and the addition of a director in our Los Angeles and Atlanta offices each.

Ensuring every detail throughout the customer experience, as well as the back office, is executed according to a specific vision can lead to success, but it often means taking on functions internally that the business is not well-positioned to execute, or outsourcing functions that are best performed in-house.

This introductory article is first in a Performance Improvement series. Subsequent articles will isolate and expound upon specific tools and techniques.

Sometimes an unconventional approach validates an uncommon way of thinking. When an organization seeks interim management, it is typically distressed. A new CEO is named, and restructuring commences with the goal of continued operations or an exit.