DENVER – Oct. 12, 2018 — The Stage Fund and Ex-Factory, Inc. Announce Partnership
Stage Fund and it’s consulting arm, Veer Group, provide strategic guidance for equity owners and leaders of distressed companies around the globe. Stage Fund and Veer Group are proud to announce that they are working with Ex-Factory, an expert in new & used woodworking, stone and metal equipment, with the goal of providing both analytical and advisory services.
Stage Fund and its related companies have a proven track record in providing new direction, solidifying companies affected by negative business cycles, lack of capital, requiring debt resolutions and providing planning for ownership succession. Daniel Frydenlund, CEO of Stage Fund stated “With Juergen and I fighting together, I am confident that we will exponentially grow Ex-Factory and take it to the next level”. Elisabeth and Juergen Schumacher, owners and founders of Ex-Factory said “We are delighted to have Daniel Frydenlund and his team as partners to guide Ex-Factory, its management and staff onto a new level of future growth and expansion”.
Stage Fund will bring advancements in Technology, Management Consultants, Capital and Market Analysis to the Ex-Factory brand. Ex-Factory, the largest used Wood Working Machinery dealer in the USA & Canada, will be provided with the necessary capital to continue their expansion in new and used Metal Working Machinery, as well supporting the growth of the Stone & Glass Division. Stage Fund plans to be very instrumental in the Online Auction Division, which they believe has a great potential for growth. Ian Pollock, Treasurer of Stage Fund is “excited to see that a mutually beneficial partnership came from the meetings in Chicago. Ex-Factory will make a strong ally for Stage Fund, and with all of Stage Fund’s expertise in creating vital change within companies, this deal is positive for everyone involved”.
About Stage Fund:
Stage Fund, founded in 2009 by Daniel Frydenlund, is a restructuring and growth investing private equity firm focused on acquiring controlling interests in companies undergoing change in capital structure, strategy, operations or growth, can benefit from our operational and capital approach and that have reached a point in their lifecycle presenting an opportunity for transformation. Stage Fund is headquartered in Denver, Colorado with offices in New York, New York. http://www.thestagefund.com/
About Veer Group:
VEER Group is a crisis management & restructuring consulting firm that specializes in working with venture funded companies around the world. We provide analytical & advisory services to equity owners and lenders of distressed borrowers. We provide crisis management & turnaround services to help our clients overcome complex business challenges. VEER Group prides itself on flawless execution of innovative solutions to our client’s greatest challenges. http://www.veer-