Resurgence Financial Services

What Resurgence Financial Services does

Resurgence Financial Services, LLC is a privately held professional services firm headquartered in Atlanta, Georgia, specializing in turnaround management, transaction services, business valuation, and financial due diligence for financially distressed and transitioning companies. The firm is staffed by four senior professionals - Gary Murphey, Missy Johnson, Morris Buchanan, and Cecilia Bora - who collectively hold CPA, Certified Turnaround Professional (CTP), and Masters in Taxation credentials, with 15 to 25+ years of experience each. RFS differentiates itself from traditional advisory consultancies by directly implementing turnaround solutions, with professionals serving as Trustees, Chief Restructuring Officers, Chief Financial Officers, and Chief Executive Officers inside distressed engagements rather than merely advising on them.

The firm generates revenue through hourly and project-based professional fees paid by the U.S. Trustee Program, bankruptcy courts, distressed company boards, lenders, acquirers, and private equity firms. Documented engagements span Chapter 11 bankruptcies and out-of-court restructurings across industries including packaging (Werthan Packaging, $7.2M sale), restaurant/foodservice (SouthEast Waffles, 113 units, $67M revenue), pharmaceutical manufacturing (USAntibiotics acquisition), food manufacturing (Pure Foods), retail/convenience (Purvi Petroleum, 28 stores, $18.1M sale), and fitness (Fuel Fitness). Practice reach currently extends across Federal Bankruptcy Courts in Tennessee, Georgia, Alabama, and Illinois.

Go-to-market is sales-led and reputation-driven, with deal flow generated primarily through court appointments, bankruptcy attorney referrals, and private equity and strategic acquirer relationships; press coverage in the Wall Street Journal, Nashville Business Journal, and The Tennessean supports top-of-funnel awareness. RFS operates with no disclosed software, technology platform, or AI components - the offering is the personal expertise and operational involvement of its small partner-level team.

Name

Resurgence Financial Services

Legal name

Resurgence Financial Services, LLC

Website

https://rfslimited.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Resurgence Financial Services is a four-person Atlanta-based turnaround management and financial advisory firm that places its partners inside distressed companies as Trustees, CROs, CFOs, and CEOs, serving financially distressed companies and their creditors across the U.S. Southeast.

Ownership category

akta.pro rank

Product category

Corporate Restructuring and Turnaround Advisory

NAICS

Management Consulting Services (54161), Finance and Insurance (52)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Turnaround, Restructuring & Crisis Management Consulting (BPAHACAO)

akta.pro secondary industries

Restructuring & Turnaround Advisory (BPAHADAD), Restructuring & Turnaround Advisory (BPAHAOAC), Insolvency, Restructuring & Bankruptcy Administration (BPAHABAL)

Keywords

• Turnaround management services
• Financial restructuring advisory
• Business valuation services
• Financial due diligence
• Chapter 11 trustee services

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Professional Services - Turnaround Management: Hourly-based professional fees for serving as CRO, CFO, Trustee, or restructuring officer in distressed company engagements. The U.S. Trustee Program pays Gary Murphey on an hourly basis.
2. Transaction Services: Fees for facilitating company sales and acquisitions, both in Chapter 11 and outside court environment. RFS handles sale processes for distressed companies.
3. Business Valuation Services: Providing business valuation services to distressed companies and their stakeholders.
4. Financial Due Diligence Services: Due diligence services for equity investors and acquirers of distressed companies.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Resurgence Financial Services provides turnaround management, transaction services, business valuation, and financial due diligence to financially distressed companies. Unlike traditional advisory firms, RFS professionals take direct operational control of distressed companies by serving as Trustees, Chief Executive Officers, Chief Restructuring Officers, or Chief Financial Officers, and implement solutions hands-on rather than merely consulting.

Product overview

Resurgence Financial Services is a professional services firm, not a software product company. It does not offer a platform with distinct branded products or modules. The company provides turnaround and crisis management services, transaction services, business valuation, and financial due diligence services delivered through individual professionals (Gary Murphey, Missy Johnson, Morris Buchanan, Cecilia Bora) acting as Trustees, CROs, CFOs, and expert witnesses on client engagements.

Differentiator

Problem solved

Functional benefit

Products and services

• Turnaround Management Services Hands-on turnaround management in which RFS professionals assume executive roles (Trustee, CEO, CRO, or CFO) to stabilize, restructure, and return distressed companies to viability or execute successful transactions.
• Transaction Services
• Business Valuation Services
• Financial Due Diligence Services

Quantifiable outcome

• Successfully sold Werthan Packaging to Gateway Packaging for $7.2 million in expedited Chapter 11 process
• +2 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core and minor.

• Jackson HealthcarecoreOthers · 28 April 2021Gary Murphey served as Trustee facilitating Jackson Healthcare's acquisition of the former Neopharma Tennessee antibiotic manufacturing facility in Bristol, TN.
• Brimhall FoodsminorOthers · 7 March 2017Brimhall Foods acquired Pure Foods assets through auction facilitated by Resurgence Financial Services handling the sale process.
• Gateway Packaging Co.coreOthers · 5 December 2016Gateway Packaging Co. LLC acquired Werthan Packaging Inc. for $7.2 million in an expedited Chapter 11 bankruptcy sale facilitated by Gary Murphey as CRO of Werthan.
• Diamond OilminorOthers · 13 September 2006Diamond Oil acquired 28 Kwik Sak convenience stores formerly owned by Purvi Petroleum for $18.1 million. Gary Murphey served as CRO and Trustee for Purvi before the sale.

Scale indicators3 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Conway MacKenzie (now part of Riveron): Middle-market restructuring, turnaround, and financial advisory firm. Highly comparable to RFS in target customer size (mid-market distressed companies) and service mix (CRO, advisory, valuation).
• CR3 Partners: Turnaround and restructuring firm providing interim management, CRO, and financial advisory services. Most comparable in size and service model to RFS, with similar focus on hands-on implementation.
• Phoenix Management Services: Turnaround and restructuring consulting firm providing interim management, CRO, and financial advisory services. Closest comparable in size and service model to RFS.
• Stout Risius Ross: Global advisory firm specializing in valuation, transaction, and restructuring services. Directly competes for distressed-business valuation and restructuring mandates similar to RFS's offerings.

Broad incumbents

• AlixPartners: Global restructuring, turnaround, and performance-improvement firm with deep Chapter 11 and CRO practices. Competes for the same court-appointed and large-deal engagements as RFS but at much larger scale and international reach.
• Kroll (formerly Duff & Phelps): Global advisory firm with restructuring, valuation, and corporate finance practices. Overlaps with RFS in valuation and turnaround advisory work.
• Alvarez & Marsal: Major global restructuring firm with a renowned CRO/interim management practice. Direct competitor for distressed-company leadership roles and turnaround engagements.
• Huron Consulting Group: Professional services firm with restructuring and turnaround practices serving mid-market and large companies. Comparable in offering financial advisory and operational improvement services.
• B. Riley Advisory Services: Provides restructuring, valuation, and transaction advisory services with a strong focus on distressed and special situations. Competes for mid-market Chapter 11 and advisory mandates.
• FTI Consulting: Global advisory firm with a large restructuring practice offering CRO, trustee, and financial advisory services. Competes for bankruptcy and restructuring mandates across multiple jurisdictions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Resurgence Financial Services