Finance Monthly - October 2021

Restructurings During Pandemic Times Joseph Wabick is the managing partner and founding member of Chicago based consulting and advisory firm Kreshmore Group. His background consists of extensive work in both restructure/corporate renewal as well as capital markets transactional advisory. In the restructure realm, Joseph specialises in liquidity management, crisis management, balance sheet restructure, and organisational change. In this capacity, Joseph has served as both an interim and fractional CFO and COO. Through Kreshmore Group, he has served in these roles for private equity sponsored companies and other privately held middle-market companies. Over the course of his career, Joseph has closed a multitude of transactions in virtually every industry with a special emphasis on transportation, multi-unit retail chains, clinical medicine, and distribution/wholesale. Joseph has been successful in pushing the fold of capital stack creativity by leveraging equity, complex subordinated structures, traditional financial offerings, and federal, state, and local government incentives. Kreshmore Group serves privately held middle-market companies. It works on behalf of both management teams and creditors to resolve clients’ core problems. Kreshmore’s senior advisory staff is comprised of industry-leading strategists with strong finance and accounting backgrounds and a history of owning and managing their own companies which gives them a distinct advantage over traditional consulting firms. Bank i ng & F i nanc i a l Se r v i ce s 34 Finance Monthly.