Jan 30, 2024   SOURCE: BusinessWire

Kreshmore Group 2023 Year in Review

As the calendar turns to 2024, Kreshmore Group (KG) celebrates another successful transactional track record and its 14th year in business.

We reflect on an extraordinary year with pride and a great sense of accomplishment. Kreshmore is grateful for its teams’ efforts and the professional alignments it has secured within the financial industry. As we begin 2024, we predict a challenging yet outstanding business year.

Below is a brief summary of 2023 by the numbers:

  • $110,000,000+ in Debt Related Transactions – KG advised on Corporate Debt, Real Estate Debt, Restructured / Troubled Debt, Bridge Debt, Mezzanine Financing, and other Non-Dilutive Growth Capital
  • 68 Client Engagements – 1 strict foreclosure sale, 3 Buy-side Advisory Acquisitions, 30 Real Estate Lease Restructures, 20 Debt and other Obligation Restructures, 7 Corporate Development Planning Advisory, and 7 Strategic Advisory.
  • Ranked 21 by Axial Networks, Inc. in 2Q2023’s Top 25 Lower Middle Market Investment Banks League – Nationwide.
  • 19 Transactions Closed – Industries included Automotive, Real Estate Capital Markets, Trucking & Logistics, Hospitality, Retail, Construction, Heavy Machinery, Steel Fabrication, Specialty Manufacturing, Wholesale Distribution, Convenience and Gas, Cannabis, Furniture and Bedding, and Non-Profit.
  • Active Engagements in 16 States – Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Michigan, Nevada, New York, Ohio, South Carolina, Tennessee, Texas, and Wisconsin
  • 5 Publications – 4 Kreshmore Group Press Releases, 1 Axial Networks Article
  • 2 New Team Members Added – Tyler Cashman, Analyst and Lukas Petras, Analyst.
  • 1 New GP Investment

“We thank our supporters – from our investors to our deal partners – for what we accomplished together in 2023,” said Joseph B. Wabick, Managing Partner of Kreshmore Group. “Despite macroeconomic headwinds, we expanded our analytics team and will continue to invest in all aspects of the business to bolster capabilities and capacity. We anticipate having a greater ability to take on more client work and accelerate critical growth levers in 2024.”

About Kreshmore Group®

Kreshmore Group (KG) started operations in 2009 through its predecessors and has grown to become Chicago’s preeminent restructuring and M&A advisory company. The firm serves myriad niche industries while focusing on lower-middle & mid-market companies within the continental United States. KG assists clients in restructures/turnarounds, workouts, recapitalizations, M&A, real estate capital markets and real estate asset management, sell prep, senior and subordinated debt structuring, diligence services, c-suite advisory, outsourced analytics and modeling, business valuations, and solving complex financial problems with unique solutions. Headquartered in Lemont, Illinois, KG is known within the Chicagoland area as a tenacious and hyper-focused strategic consulting firm. Kreshmore Group consists of a creative, cohesive, and diverse team with over 175 years of combined relevant experience. To learn more about KG please visit www.Kreshmore.com or our LinkedIn page, today.