Disrupting the Traditional Consulting Model
In the early 2000s, fresh after the Enron scandal and the Sarbanes-Oxley accounting reform law that followed, the accounting industry faced unprecedented new regulations. From within the industry, five friends saw an opportunity for a new business model and a better way to deliver the guidance their clients needed. In 2006, with Landon Smith at the helm, Riveron Consulting was born. Since then it has become one of the fastest-growing private companies in Texas – serving 275 clients on over 450 projects in 2016.
Riveron is a unique financial consulting firm focused on helping private equity funds and their portfolio companies, public and private businesses, and lenders obtain the most value in every phase of the business lifecycle. Whether it is assistance performing due diligence for a new acquisition, support in post-transaction integration, process improvement in financial operations, or planning an exit strategy, Riveron offers the services and expertise to successfully prepare a business for change. “Every service we offer focuses on helping clients navigate by preparing them for growth or inflection points in their business,” says Smith, founder and chief executive officer.
Critical to the firm’s success is the dedication to its people and culture. From Riveron’s start, Smith envisioned a firm that provided meaningful and challenging work with a likeminded team while fostering an atmosphere of family and work-life balance. “Our success is explained by the quality of our team, entrepreneurship and growth culture” says Smith. “We look for talent with a combination of public accounting, consulting and corporate experience that understands the entrepreneurial nature of our firm’s soul. This makes us nimbler than the larger financial consulting firms, and our expanded geographic presence allows us to meet client needs in ways smaller firms can’t. We’re intentional in our approach because it enables a culture focused on care for one another and for our clients.”
While Smith describes Riveron’s growth as wholly organic throughout the last decade, the company is currently considering strategic acquisitions in order to better serve client needs. “Riveron’s team is filled with ambitious, talented people who consistently seek out new business approaches, new services and new opportunities for our clients, and this is where our unique value really rests.”
Today, Riveron has offices in Atlanta, Chicago, Dallas, Denver, Houston, Minneapolis and Washington, D.C., and serves clients nationally. With a goal to maximize the value of strategic and financial transactions for clients, Smith says future growth opportunities will focus on adding services like business and tax diligence, litigation support, restructuring and valuation.
“Our people have diverse backgrounds, and this means we have so much more to offer our client base,” says Smith. “The new services we add and the new markets we penetrate have always been driven by client need, and this remains our outlook for future growth opportunities.”