ReSolve exits long term investment
In 2014 ReSolve was introduced to an opportunity to help a family business in distress.
The company, based in Yorkshire, had been family- owned for over 80 years and at that time comprised 83 food retail shops, a significant production facility and associated transport organisation.
The company was loss-making and in significant distress such that initially it was believed that administration and closure might be the only option. ReSolve reviewed the situation at very short notice and believed that by investing in the business and concentrating effort in its most successful elements, the long-established company could survive.