Case Studies

Alignhr, LLC

A West Virginia based Human Resources consulting firm formed in 2013.
Ridgewell provided the following services:

• Created and maintains full accounting system
• Manages liquidity, invoicing, and bill pay
• Performed full business valuation to facilitate change in ownership structure
• Provides monthly financial performance and budget variance analysis
• Providied due diligence analysis for expansion projects
• Evaluates capital needs and consults on debt load

Financial Advisory Practice

Wealth management and insurance firm sold under succession plan

• Reviewed strategy and business model under new ownership
• Create a value range to use during buyer negotiations
• Calculated valuation based on net present value and market comps

Warwood Tool Company

Wheeling based industrial tool manufacturer

• Converted accounting system to QuickBooks Enterprise from Sage
• Streamlined accounting functions
• Established improved reporting functions
• Created internal controls and fraud prevention
• Set up improved cost accounting for product level profitability analysis

SportClips Franchise

Ohio based barber shop

• Set up QuickBooks and accounting system
• Provides ongoing troubleshooting for accounting problems
• Prepares annual tax filings

Real Estate Investment Company

Southwestern PA based company holding several residential investment properties

• Set up QuickBooks and accounting system
• Developed a business plan
• Assisted loan application process for new financing
• Prepares annual tax filings

Northern Virginia Media Services

A media company that prints 5 weekly regional newspapers and 3 monthly magazines.
Ridgewell provided the following services:

• Acquisition advisory services on potential target companies
• Liquidation and collections advisory services
• Financial reporting and accounting consulting
• Circulation management
• All bookkeeping, bill pay, and payroll

Post-Bankruptcy Liquidating Trust

The wind down of a $5 billion, Tier 1 autoparts manufacturer was managed by a liquidating trust with 60 beneficiaries.
Ridgewell professionals oversaw the final stages of the wind down and provided the following services:

• Managed the negotiation of $5 million in collections
• Negotiated settlement of payables due
• Oversaw the liquidation of seven Mexican entities
• Filed all tax reports and negotiated several IRS tax claims
• Prepared estate and beneficiary filings
• Provided direct client service to all beneficiaries

The UPS Store

A suburban UPS franchise.
Ridgewell provided the following services:

• Forecasting and budget analysis
• Financial reporting and accounting consulting
• Tax analysis