EHI’s dual role as a turnaround consultant and asset recovery expert sets us apart from other firms. Our considerable experience in negotiating with financial institutions and with federal and state taxing authorities benefits our clients. We were retained as a financial consultant in workouts by creditor committees in Chapter 11 bankruptcy, turnarounds and liquidations.
Trustees, creditors, committees and attorneys frequently acknowledge EHI’s credibility and integrity. Objective and able to work with different vested interests in a crisis, our team excels at motivating people. This is especially helpful in eliciting the support of employees and mid-level management to resolve operational or morale issues.
Please contact us for references. We’re happy to provide them so you can research our expertise, credibility and integrity yourself before selecting a consultant.
Executive Team Members
Our founder and project managers are supported by staff who provide financial analysis and accounting expertise. Specific people are selected for each client to efficiently address the client’s specific situation and challenges.
Edward Hostmann, Founder and President
Edward has provided consulting services to firms in financial distress for more than 27 years and founded Edward Hostmann, Inc. (EHI) in 1991. He has served as a Federal Receiver, State Court Receiver in Oregon & Washington and a Tribal Court Receiver. As an advisor, he has represented national financial institutions facing the prospect of loan losses from corporate borrowers. He has represented debtors and creditors in and out of bankruptcy.
His experience across a variety of industries includes retail, wholesale, distribution, manufacturing, agriculture, lumber and mining. Edward has a degree from the University of Portland’s School of Business with a major in Finance. In September 2015, he was named a member of the Board of Regents for the University of Portland.
Gregory A. Fletcher, Principle
Greg and his team at KBF CPAs assist with all EHI projects in a financial advisory role that includes receivership cases, orderly out-of-court liquidations, Chapter 11 bankruptcies, and overall business restructurings. Financial advisory work related to these cases includes preparation of forecasts, operating and cash flow budgets, cash modeling for bank reporting, liquidation analysis, and overall business restructuring plans. KBF CPAs has partnered with EHI in a financial advisory capacity since 2012. EHI became a wholly-owned subsidiary of KBF CPAs in 2019.
Greg was an Audit Senior Manager with KPMG prior to joining KBF CPAs as a partner in the Portland office in 2005. In addition to overseeing the main-line full service audit practice in Portland, Greg heads the firm's GAAP consulting practice, focusing on both publicly-traded and privately-held companies by assisting with technical accounting and SEC reporting requirements.
Greg has a BS in business administration with an emphasis in accounting from Portland State University and is a certified public accountant with licenses in Oregon, Washington and California.