DALLAS--(BUSINESS WIRE)--Riveron, a national business advisory firm specializing in accounting, finance, and operations, announced today its acquisition of Winter Harbor, a Boston-based provider of restructuring and turnaround services.
The acquisition reinforces Riveron’s commitment to strengthening and expanding its strategic, operational, and financial solutions for companies facing distressed and special situations in addition to serving healthy companies across the corporate and private equity landscape. This is Riveron’s second acquisition of a leading restructuring and turnaround provider in the last twelve months, following its acquisition of Conway MacKenzie last December.
“Combining with Winter Harbor marks an important step in Riveron’s growth journey,” said Riveron Founder and CEO Landon Smith. “Winter Harbor’s talented team of dynamic professionals brings exceptional depth of expertise that will enhance our ability to serve clients across the entire business lifecycle, extend our geographic footprint to Boston and the greater New England area, and further strengthen our national restructuring capabilities.”
“Increasingly, more and more companies will require support navigating the current landscape and preparing for the future,” added Chief Integration Officer Jeff Zappone, who leads Riveron’s Restructuring and Turnaround Services practice. “As a proven leader in the turnaround and restructuring space, Winter Harbor will be a powerful amplifier as we continue to guide our clients through the uncertainty ahead.”
Winter Harbor Managing Partner Stuart Noyes remarked “we are thrilled to join forces with Riveron and expand not only the combined firm's restructuring services but contribute additional resources, expertise, and geographical coverage that will better support our clients and accelerate the firm's overall growth."
Winter Harbor will become part of Riveron’s restructuring practice. Terms of the transaction were not disclosed.
About Riveron
Riveron, a business advisory firm specializing in accounting, finance, and operations, partners with clients to successfully prepare for and execute change across the entire transaction and business lifecycle. Our unique combination of consulting, public accounting and corporate experience allows us to offer an unprecedented level of understanding and results. Founded in 2006, Riveron is headquartered in Dallas, Texas and operates in major markets across the country. For more information, visit www.riveron.com.
About Winter Harbor
Winter Harbor, a Boston-based provider of restructuring and turnaround services, helps middle market companies preserve and maximize their enterprise value through tailored revitalization plans that enable clients to achieve their short- and long-term goals. With decades of hands-on experience, our professionals are respected leaders in restructuring with a proven track record in assessing financial alternatives and implementing solutions for clients across a broad range of industries and geographies. For more information, visit www.winterharborco.com.