Contact Us (626) 432-7000
New Team Member – Jack Freeman

New Team Member – Jack Freeman

JANAS IS PLEASED TO ANNOUNCE…….

Jack Freeman, an experienced Investment Banker, has joined Janas as a Vice President. He has spent the entirety of his Investment Banking career serving business owners and C-suite level professionals on Mergers & Acquisition transactions and ownership transfers.

Jack is joining Janas to apply his extensive background of developing and advancing client marketing materials, company valuations, junior banker training, and M&A process insight for Middle Market companies. Jack is an expert in financial modeling and analysis. He has represented both public and private clients across the U.S. Mainland and in HI.

Prior to joining Janas, Jack worked as an Investment Banking Associate at FMI Capital Advisors, a specialized middle market Investment Bank that focuses on construction and engineering companies. Previously,  Jack worked as an Investment Banking Analyst for SDR Ventures, a boutique generalist M&A advisory group focused on founder owned businesses.

Jack appreciates and understands the value in telling client company stories. Focusing on clients’ key investment considerations, Jack has assisted business owner achieve above market valuations. 

Jack is a graduate of the Leeds School of Business at the University of Colorado Boulder. He is securities licensed with Series 79 and 63. 

Jack resides in Southern California. He is available to serve clients Worldwide.

If you are considering a transtion of company ownership,
please contact Jack Freeman to set up a ZOOM call.
Mobile: 720-933-8677

 

141 S. Lake Avenue, Suite 102, Pasadena, CA 91101-4757 USA     
626-432-7000     www.janascorp.com
New Team Member – David Adler

New Team Member – David Adler

SERVICES TO PRIVATE EQUITY PORTFOLIO
MANUFACTURING AND DISTRIBUTION COMPANIES

Janas Consulting, Inc. is proud to announce the additional of David Adler as a new professional to the Janas Team. During the operational challenges related to the Pandemic, David brings experience to manufacturing and distribution clients who need skilled support during this difficult and challenging time.

David is a proven interim CEO and Efficiency Consultant. Trained by the author of Six Sigma, David adds value to both Public and Private Manufacturing and Distribution companies. He executes Best Practices with the tools that a client has at hand.

David has performed more than SIXTY ENGAGEMENTS for Private Equity Group portfolio companies that engage in Manufacturing and Distribution and need a fresh perspective provided by a trained and experienced Executive Consultant. He has provided services to several Divisions of Safran Aerospace, TriMas Aerospace, Honeywell, GE Aerospace and Kellstrom Defense. David turned a division of Beacon Industries from “worst supplier” at UTC to “Gold Supplier.” 

David resides in Southern California. He is available to serve clients Worldwide.

If your Portfolio Manufacturing Company
is experiencing operational and profitability challenges,
contact David Adler to set up a ZOOM call.
Mobile: 949.546.654

 

141 S. Lake Avenue, Suite 102, Pasadena, CA 91101-4757 USA     
626-432-7000     www.janascorp.com
Paul Richey has rejoined Janas

Paul Richey has rejoined Janas

Janas is pleased to announce….

Paul K. Richey, CPA, and licensed by the Financial Industry Regulatory Authority (FINRA), has rejoined the firm. Paul moved to another M&A firm several years ago. After recent discussions, Paul returned to Janas and is fully engaged in delivering services to his clients.

In his initial long career as a Partner with the international accounting firm, KPMG, Paul led public and private M&A engagements in various industries, including Aerospace & Defense, Financial Services, Hospitality, Food Service, and Manufacturing and Distribution. He served as managing partner in San Diego, California; Rochester, New York; and as Partner-in Charge of the Accounting and Auditing practice in St. Louis, Missouri.

Paul has M&A and Consulting experience in many industries. He has a specific focus on transactions related to Retailers in Quick Lubes, Cash Washes, and Food Service. He has served sell side clients and buyside clients undertaking a roll-up in the Quick Lube and the Cash Wash Industry. He has sold more than 700 stores in these sectors.

He interfaces with Private Equity Groups who focus on the Industry. Private Equity raised more investment capital in 2019 than in any previous year. The Coronavirus Pandemic slowed M&A activity. Nonetheless, PEG’s tell us daily that “We are Open for Business.”

One investment group told his that: “We see a tremendous opportunity to deploy our back, buy, and build investment strategy within the Cash Wash Industry and are excited to build a Multi-Regional Platform of high-quality car washes.”

Paul works with his sell side clients in the Industry to analyze current year results and determine the process for achieving excellent sell side financial results. Paul understands the Industry which allows him to garner outstanding results for clients.

Office: 626-432-7000             Cell: 619-993-6613

pkr@janascorp.com

 

Updated Web Site

Updated Web Site

The Janas Associates and Janas Consulting web sites have been combined to provide a more comprehensive description of who we are and the types of clients we serve.

Janas represents clients in the sale and acquisition of Middle Market businesses, corporate finance, and management consulting. In current assignments, Janas professionals are helping clients prepare for sale and actively working both sell side and buy side transactions for clients. Our client companies operate domestically and internationally.

Our new sights include a BLOG and connection to the web sites of affiliated firms:

                                                                                Member: FINRA and SIPC.

Family and Closely Held Business Advisors.


Clean and Renewable Energy Specialists

Our professionals have all lived other business and professional lives – CPA, CFO, Management Consultant, Business Owner, Marketing Executive, and others. We ‘put ourselves in the shoes’ of our clients in a wide variety of businesses and industries. Janas Analyst and Intern position are filled by students from US based universities.

Janas recognizes that company valuations reflect a variety of factors. Telling your “Company Story’ is a Janas specialty. We know how to identify and describe your company to enhance Ownership Value.

Over more than two decades, Janas has completed more than 80% of its sell side transactions. Our success rate significantly exceeds the transaction closing rate of other Middle Market Investment Bankers.

ACCESS OUR WEB SITE
 www.janascorp.com or www.janasconsulting.com

The Great Lock Down: A Few CEO Resources to Help

The Great Lock Down: A Few CEO Resources to Help

Six weeks ago in mid February 2020 the world was different. The bright economic prospects in the U.S. for another year of expansion and growth seemed inevitable. Employment was at record highs, business and consumer confidence was strong, and GDP was forecast to grow at a healthy 2% for 2020. The expectation was that the roaring 1920s were back!

But then came the Corona Virus (Covid-19) which lurked in the wings, and has in 6 weeks spread across the world and turned a robust global economy into dust overnight, and has left in its wake thus far more than 2 million people infected, 140,000 dead, and it’s not over according to daily live tracking statistics.

To make matters worse as of today, mid-April 2020 if you haven’t been living on Mars, maybe you should be. Because most U.S. state orders are for businesses to close and citizens to stay at home, work from home, and not go out unless you have a darned good reason to. And as a consequence, the U.S. went from gaining 200,000 jobs per month to losing nearly 23 million in the last few weeks alone. Nothing like this has ever had such an enormous impact on labor since the Great Depression. It’s unreal, or surreal like a zombie apocalypse movie. And regardless of how many times I try to wake up, I can’t because it’s not a dream. And for now, this new reality for CEOs and business owners may not forecast increased sales, but rather increased bankruptcies.

Enter the US Government to the rescue In response to this health-driven crisis many governments around the world have braced for impact, all hoping to ease the economic crash by injecting trillions of dollars into their respective economies. The U.S. in response recently passed the $2 Trillion dollar Coronavirus Aid, Relief and Economic Security Act (CARES) … to help fund payrolls and other operating expenses for 2.5 months for small businesses. The hope is to help shore up small business until the crisis passes. Sounds scary, and it is.

As a consequence, managing or owning a business has thus gone from approaching a paradise in February 2020 to Hell in March and going forward a living nightmare if your business was forced to close until further notice.

To help, we already reviewed dozens of webinars, newsletters, articles and websites over the past 3 weeks and found a few that we believe can really help cut through the haze and focus on how to specifically get aid to your business and keep you afloat. Check these out:

  •  How to Obtain an SBA Coronavirus PPP Loan and Have It Forgiven:
    o https://www.entrepreneur.com/article/348552
  •  8 Ways Business Owners Can Take Advantage of the Federal Stimulus Package:
    o https://www.entrepreneur.com/article/348710?utm_source=newsletter&utm_medium=email
  • SBA Loan Application – PPP – Paycheck Protection Program :
    o https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp
  • CEO Coaching Int’l group: Navigating the Crisis with access real-time CEO advisors:
    This CEO Coaching Int’l group brings together CEOs offering free time to discuss your particular Covid-19 situation and offer some resourceful tools and ideas.

Best Advice
From my experience the key performance exercise is creating a detailed CASH FLOW PLAN for the next 6-12 months. Minimizing outflows and using the government loan and forgiveness programs to ease the pain. So if you haven’t taken advantage yet, better get started asap. Many will qualify for relief, but fewer if you don’t act fast. Second is to gather your executive team and external advisor including your CPA, Attorney and Banker. Everyone needs to be on the same page and follow your business crisis & continuity plan. This is your moment to shine through as a strong leader with a keen foresight and a keen ability to communicate to your staffers how the company will navigate through this existential crisis like no other. Until then… please stay well, stay strong, and stay together. There is light at the end of the tunnel.

Rick Andrade, Managing Director