Operational & Financial Restructuring
Difficult Capital Raises
Distressed M&A and Asset Sales
Executive & Board Advisory
Interim C-Level Management
WE DELIVER OUTCOMES IN SPECIAL SITUATIONS
"Special Situations" has many meanings and connotations: growing too quickly, loss of a key customer, mismanagement, fatigued lender or equity sponsor, macro-event driven dislocations, litigation, spinoffs, restructurings and other complex circumstances. Every one of these issues are different, but they each have operational AND financial components to manage and common elements on what a should be done first to preserve, and ultimately maximize, value for the business and its stakeholders.
Our “product” is our skill and expertise in managing all aspects of the situation; delivering the right solutions at the right time. We are a hands-on firm whose professionals have delivered outcomes for hundreds of businesses and stakeholders, with billions of dollars of capital at stake.
We derive these outcomes through our unique ability to seamlessly deliver BOTH the operational AND financial aspects of an outcome. From stabilizing cash flow and improving business metrics to refinancing/restructuring the capital structure or selling the business or assets– all part of the package we deliver to produce an outcome.
Efficient - Experienced - Expertise
Tim is a proven executive, having spent more than 25-years managing and improving operations at underperforming companies. Tim’s success has primarily been through his operations-based focus for clients and sponsors, navigating change from inside the management ranks of a troubled company. His expertise in the financial and operational facets of business enables him to add significant value in turnaround situations as he is skilled at resolving complex banking, regulatory and legal issues that exist for many troubled companies. Tim has served in a variety of C-level positions in the aerospace, transportation, construction contractors, consumer products, healthcare, industrial, apparel, and telecommunications industries.
Tim holds a bachelor’s degree in business administration from the University of South Dakota and an MBA from Pepperdine University’s Graziadio School of Business.
Brad has over 30-years of experience growing, restructuring, refinancing and rebuilding companies in a variety of industries. These include service, healthcare, oil & gas, alternative energy, manufacturing, distribution, technology, agriculture, retail, food retail, software and internet development. Since 1988, Brad has worked with underperforming companies by leading efforts to develop and implement action plans to improve cash flow, restructure key business units, spinoff nonperforming divisions, and address capital structure and needs, .
Brad has successfully led the growth of emerging companies, the revitalization of mature businesses and multiple financing rounds with banks and equity groups.
Brad graduated cum laude from Baylor University with a major in Business Administration and minor Computer Sciences.
Chuck is Certified Turnaround Professional (CTP) and an experienced senior executive having served in numerous operational and financial management roles in private as well as public-reporting companies. Chuck has served as President, CEO, CFO and provided advisory services to companies undergoing transition including balance sheet refinancing, change-of-control transactions and related activities. He has experience in a variety of industries including; steel and paper production, equipment manufacturing, specialty marketing, retail and mining. Recently, Chuck served as the interim CFO for an operator of 180-dermatology practices across the country.
Chuck has worked on both acquisitions and divestures, leading due diligence and sale preparation processes. In working with companies Chuck has developed and implemented programs to increase revenue and reduce operating costs to drive enterprise value.
Chuck began his career at Arthur Andersen & Co. and has earned the CPA designation but is no longer licensed. He received his B.B.A. from Texas Christian University and his M.B.A. from Kellogg Graduate School of Management – Northwestern University.
John's primary focus is on out-of-court restructurings within the middle market. He specializes in providing restructuring advisory services, as well as traditional corporate finance and investment banking services to private companies and private equity portfolio companies. John has diverse industry experience, including over 20-plus years of corporate and middle market banking. Before joining Riverbend, John held senior restructuring advisory positions with a number of national restructuring practices including Chanin Capital, Barrier Advisors and Imperial Capital.
John earned his Master of Business Administration from Southern Methodist University and his Bachelor of Business Administration from the University of Notre Dame.
Brian F. Kowalchyk, CFA
Brian has a significant background in event-driven, "special situations" in lower-to-middle market companies. He has led several distressed investing platforms; focused on the sourcing, diligencing and structuring of prospective investments in the space and has had direct management oversight of portfolio companies as transformative changes were implemented.
Prior to joining Riverbend, he had a long-tenure as a Principal with a 20+ year-old distressed investing firm with over $500MM AUM; leading its sourcing, marketing and investing activities. Previously, he was a Partner and Portfolio Manager with a Dallas-based hedge fund focused on small-cap equities. Earlier in his career, he served as a Senior Analyst with a regional brokerage firm where he specialized in middle market public equity valuations.
Brian is a CFA® charterholder and a cum laude graduate of the University of North Texas.