Who we are
Riveron is a business advisory firm infused with entrepreneurship. Our unique combination of consulting, public accounting and industry experience allows us to offer our clients an unprecedented level of understanding and results. We are changing the expectations of what it’s like to partner with an advisory firm.
What can we help you with?
We approach every situation with purpose and pragmatism, taking on your challenges as our own. We partner with our clients to prepare for change and deliver exceptional results.
Creating unexpected value in new and innovative ways.
Involving experienced leaders who roll up their sleeves on every project.
Confronting any challenge because we’ve been there before.
Demonstrating uncommon agility through high growth and distress, integrations and separations
Building solutions that are right-sized for each client’s specific needs.
Making an immediate impact while also looking ahead to prepare for lasting change.
Riveron attracts the best minds, frees them to solve client issues as creatively as possible and ensures first and foremost a dedication to our client’s values.
Riveron manages carve-out and IPO readiness for new company
A €30 billion German cement and aggregates company chose to divest its non-core building products business line, Lehigh Hanson. The Company engaged Riveron to assist with a dual-track divestiture, including carve-out and conversion from IFRS to US GAAP, subsequent public registration and liaison of the dual-track sale process for the Company’s negotiations with private equity investors. We managed the separation strategy to stand up the carved-out entity, assisted with SOX readiness, provided technical guidance, and produced SEC-compliant financial statements. Ultimately, Riveron publicly filed the Company’s registration statement with the SEC on an aggressive timeline and assisted with the sale of the Company at a favorable price.
Riveron implements scalable financial system for carved-out entity
A $200 million payment processing solutions provider, was carved-out of its $20 billion publicly traded on a foreign exchange parent entity. Riveron was initially engaged to prepare historical carve-out financial statements and provide technical accounting and audit support. Our team was then asked to ensure the carved-out entity could successfully operate as a standalone business with a new, high-functioning finance and accounting department. To achieve this goal, we successfully implemented NetSuite, developed scalable business processes and provided visibility into financial performance, KPIs and company direction for all stakeholders.
Riveron performs financial due diligence and integration assessment supporting the lifecycle of an acquisition
NexusTek, a Denver based managed IT company, needed help executing against a balanced growth strategy which included organic platform growth and an ambitious acquisition and integration program. To support their rapid growth, Riveron was asked to perform both financial due diligence and an order-to-cash integration assessment in response to NexusTek’s largest acquisition to date. Riveron partnered with both entities to deliver a Quality of Earnings report, as well as recommendations on software selection and process improvement to integrate the acquisition into an improved order-to-cash function.
News & Insights
Accounting professionals, as the stewards of financial information, have a unique opportunity to take the lead in adopting the new lease guidance and implementing lease accounting software. Approaching the adoption methodically, which includes collecting data, making policy decisions, and applying operational realities, accountants play a distinct role in developing the processes and implementing the systems that guide an organization into the future.
Yes, complying with the new lease accounting standard presents a compliance burden. But the effort may well lead to operational and cost improvements. Read more on this subject, as Riveron’s Bill Maloney, Udit Sharma, and Patrick Garrett contribute in this thought provoking article on CFO.com.
In a robust market with aggressive valuation multiples and significant deal activity, Buyers need to remain honest with themselves and ensure that their due diligence processes are adequate in addressing deal risks. Here are some tips to Buyers to keep in mind when performing financial due diligence for a potential M&A transaction.