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Memorial Day – Honoring our Military Fallen Heroes and First Responders

Posted in Uncategorized, tagged , , , on May 23, 2025| Leave a Comment »

On this Memorial Day weekend we honor our Fallen Heroes who Serve and Protect.

Along with our Military who have served in war time, we have First Responders who have fallen in 9/11, Fires, Natural Disasters, etc.

As a Director of the Kentfield Fire District, I look to Honor those First Responders, Fire-Police-EMT-Doctors-Nurses, etc. along with our miliary.

On 9/11 our son called from Israel at 6:10 am our time and told us about what was happening in NYC.  Along with the rest of the country and world, we watched in horror as the Twin Towers fell.  To this day, I still remember and see the image of those brave Fire Fighters climbing the steps of the World Trade Center.   The looks on their faces told the whole story.  They knew they were walking into Harms Way, yet like all those committed to Serve and Protect, they proceeded onward.

As a Director of KFD, I see the bravery, commitment, concern for the individual in our Firehouse, like all Firehouses.  Like the men and woman of 9/11, the First Responders entered Harms Way with the recent California and National Wild Fires Disasters over the past years.  

As a former Officer in the US Army and Director of KFD, I always make it a point to say “thank you for your service” when I see these brave men and woman.

So on this day, I say “thank you” and ask all of you to remember and never forget what they do.

With Respect, With Honor for them 

Steven R. Gerbsman

Director Kentfield Fire District

Please see Firefighter’s Prayer below and you will understand who they are


   Firefighter’s Prayer

When I am called to duty, God wherever flames may rage,

give me strength to save a life, whatever be its age.

Help me to embrace a little child before it’s too late,

or save an older person from the horror of that fate.

Enable me to be alert to hear the weakest shout,

and quickly and efficiently to put the fire out.

I want to fill my calling and to give the best in me,

to guard my neighbor and protect his property.

And if according to your will I have to lose my life,

bless with your protecting hand my loving family from strife. Amen

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Gerbsman Partners – “Successful Crisis CEO/Management Stabilization of Private Equity HR Technology Platform Company”

Posted in Uncategorized, tagged , , , , , , on February 10, 2025| Leave a Comment »

Gerbsman Partners is pleased to announce the successful completion of a CEO/Crisis Management assignment for the stabilization of a Private Equity HR Technology Platform Company.

Due to management and potential operational issues, the Board of Directors made the strategic decision to retain Gerbsman Partners to assist in the stabilization of the company.

Gerbsman Partners – led by Steven R. Gerbsman, Principal and Kenneth Hardesty (CEO in Residence)– provided CEO/Crisis Management at the company and Ken Hardesty assumed the role of CEO, at the company in Boston, for a 60 day period.  The challenge was that two previous CEO’s resigned from the company due to conflicts with the founder, who was still in an operational mode and there were communications and leadership issues with the employee’s and its main customers.   The company was/is very profitable and represented a significant growth opportunity for the Private Equity group and investors.

Specifically, Gerbsman Partners provided leadership with:

1.  “Hands on, CEO/Crisis Management at the company”.

2.  “Stabilized the key employee’s and the Founder, who had resigned”.

3. “ Assisted the Private Equity group in interviewing and hiring a new CEO”.

4. “Identified and stabilized key issues with the company’s primary customer”

5. “Most importantly, met and exceed the business plan for the two month periord”

6. “and Assisted in a smooth transition with the new CEO”

About Gerbsman Partners

Gerbsman Partners focuses on maximizing enterprise value for stakeholders and shareholders in underperforming, undercapitalized and undervalued companies and their intellectual properties. Since 2001, Gerbsman Partners has successfully maximized the values of 122 companies in a wide and diverse spectrum of industries, ranging from technology, medical device/life science, digital marketing to cyber security, to name only a few.*

In the process, GP has successfully restructured/terminated over $810 million of real estate executory contracts and equipment lease/sub-debt obligations, and has assisted in over $2.3 billion of financings, restructurings and M&A transactions.*

Gerbsman Partners has offices and strategic alliances in San Francisco, Orange County, Boston, New York, Washington DC, McLean, VA, Europe and Israel.

*For further information on Gerbsman Partners expertise and industry experience, please request our company profile here

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Veterans Day ­ 2024 ­ With Respect and Honor to those who Serve- What are YOU doing to HELP?

Posted in Uncategorized, tagged , , , , on November 8, 2024| Leave a Comment »

  Veterans Day 2024 What are YOU doing to HELP?
As we begin Veterans Day/Week 2024, we say “Thank You” to the men and woman of our armed services and suggest that it is time for all to “step up” and find ways to support our Veterans. To often we say “thank you for your service” and then do nothing more. Please think about supporting various Veterans groups with donations, food, clothing and moral support. The have “Earned” it and we “Owe” it to them. 

In the late summer of 1967, I was on my way back to Basic Training at Fort Dix, N.J. I was in New York City and an older couple came up to me and said “Thank You” for serving and then gave me $ 20 to enjoy a dinner on them. The gentleman said he served in the Korean War and understands and appreciates what men and woman in uniform go through. I said thank you, enjoyed a great dinner and to this day, remember their kind gesture.On this Veterans Day/Week, our family will support the Wounded Warriors program. 

On 11/11/24, I will also continue to remember that couple and honor them by buying dinner for soldiers in uniform. I will ask them to do the same thing, 5, 10, 20 and 40 years later.

May God Bless our troops and provide our leaders with the courage and strength to do what is Right and what is Just.Please always remember – FREEDOM IS NOT FREE

What are YOU doing to HELP?

And to the memory of my father, Sgt. George Gerbsman, my uncles Ben Gerbsman and Bob Chapnick who served in the Navy and Cpt. Gilbert Falk, all WW11 veterans. 

With HONOR AND RESPECT”

1LT Steven R. Gerbsman, 2Bn, 104 Artillary, NYANG


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Jan 2024 Gerbsman Partners – Terminating or Restructuring prohibitive Balance Sheet issues to raise additional Capital

Posted in Uncategorized, tagged , on January 8, 2024| Leave a Comment »

When companies are dealing with go forward Cash issues and need to raise additional Capital, various Balance Sheet issues need to be restructured or terminated.  Gerbsman Partners has been involved with numerous national and international equity sponsors, senior/junior lenders, investment banks and equipment lessors in the restructuring or termination of various balance sheet issues for their technology, life science, medical device, cyber security, solar and cleantech portfolio companies. 

These companies were not necessarily in crisis but had cash (in some cases significant cash reserves) and/or investor groups that were about to provide additional funding. In order to stabilize their Go-Forward-Plan and maximize cash resources for future growth, there were specific needs to address Balance Sheet and Contingent Liability issues as soon as possible. 

Some of these areas where Gerbsman Partners has assisted, these companies have been in the process of termination, restructuring and/or reduction of:

Prohibitive Executory Real Estate Leases, Computer and Hardware-related Leases and Senior/Sub-debt Obligations

 Gerbsman Partners was the “innovator” in creating strategies to terminate or restructure prohibitive real estate leases and senior and sub-debt obligations.  To date, we have terminated or restructured $810 million of such obligations for private and public companies, and which has allowed them to return to financial viability. 

Accounts/Trade Payable Obligations

 Companies in a crisis, turnaround or restructuring situation typically have account and trade payable obligations that become prohibitive for the viability of the company on a go-forward-basis. Gerbsman Partners has successfully negotiated mutually beneficial restructurings that allowed all parties to maximize value based on the reality or practicality of the situation.

Software and Technology-related Licenses

 As per the above, software and technology-related licenses need to be restructured/terminated in order for additional capital to be invested in restructured companies. Gerbsman Partners has a significant, successful track record in these areas.

About Gerbsman Partners

Gerbsman Partners focuses on maximizing enterprise value for stakeholders and shareholders in underperforming, undercapitalized and undervalued companies and their intellectual properties. Since 2001, Gerbsman Partners has successfully maximized the values of 120 companies in a wide and diverse spectrum of industries. In the process, GP has successfully restructured/terminated over $810 million of real estate executor contracts and equipment lease/sub-debt obligations, and has assisted in over $2.3 billion of financings, restructurings and M&A transactions.

Gerbsman Partners has offices and strategic alliances in Boston, New York, Washington DC, McLean VA, San Francisco, Orange County, Europe and Israel


Steven R. Gerbsman
steve@gerbsmanpartners.com
https://gerbsmanpartners.com

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