Turnaround

Alvarez & Marsal’s Global Transaction Advisory Group Expands Capital Markets & Accounting Advisory Practice to Latin America

Retrieved on: 
Tuesday, December 5, 2023
Professional Services, Business, Other Professional Services, Finance, Consulting, Banking, Accounting, Alvarez and Marsal, Technical group, CRC, Public, CMAA, Turnaround, Paulo, Flow Rate Technical Group, Business administration, IPO, MBA, Freedom, EY, Growth, USGAAP, Master of Business Administration, TAG, A&M, IPSAS, Working Group, Management, Consultant

Leading global professional services firm Alvarez & Marsal (A&M) announced the appointment of Ayres Moura as a Global Transaction Advisory Group (TAG) Managing Director and head of its Latin America Capital Markets & Accounting Advisory (CMAA) practice.

Key Points: 
  • Leading global professional services firm Alvarez & Marsal (A&M) announced the appointment of Ayres Moura as a Global Transaction Advisory Group (TAG) Managing Director and head of its Latin America Capital Markets & Accounting Advisory (CMAA) practice.
  • Paul Aversano , Global Practice Leader of Global TAG, said, “Ayres’ joining marks the next milestone of our global growth strategy, following on recent expansions in Australia and Canada .
  • Ayres’ industry recognition, accounting expertise and leadership positions A&M’s Latin America CMAA offering for anticipated growth in Brazil and throughout the region.
  • “A&M’s Capital Markets & Accounting Advisory practice in conjunction with its CFO Services , Corporate Transformation , Tax Advisory and Restructuring & Turnaround capabilities serve as growth drivers for clients.

aeXea Capital Launches Ambitious Initiative to Revitalize American Manufacturing Small Businesses

Retrieved on: 
Wednesday, November 29, 2023
Retirement, PDF, Capital, History, Business, Life, Turnaround, Partnership, Management

NEW YORK, Nov. 29, 2023 /PRNewswire/ -- aeXea Capital, led by renowned investor and business turnaround expert Marek Niedzwiedz, announced an ambitious initiative aimed at revitalizing American manufacturing small businesses.

Key Points: 
  • NEW YORK, Nov. 29, 2023 /PRNewswire/ -- aeXea Capital, led by renowned investor and business turnaround expert Marek Niedzwiedz, announced an ambitious initiative aimed at revitalizing American manufacturing small businesses.
  • "Our vision is to rejuvenate the manufacturing sector, which has been the backbone of the American economy for decades," said Marek Niedzwiedz, CEO of aeXea Capital.
  • "Our goal is to preserve the legacy of these small businesses, ensuring they continue to thrive in the modern, changing economy."
  • aeXea Capital invites business owners who are contemplating the future of their manufacturing businesses to discuss potential collaboration.

Cynthia Romano and Chris Creger Join FTI Consulting’s Turnaround & Restructuring Practice

Retrieved on: 
Tuesday, September 26, 2023
FCN, Health, FTI Consulting, Turnaround, Organization, Corporate finance, NYSE, FTI, Management, Financial services

WASHINGTON, Sept. 26, 2023 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointments of Cynthia Romano and Chris Creger as Senior Managing Directors in the Turnaround & Restructuring practice within the firm’s Corporate Finance & Restructuring segment.

Key Points: 
  • WASHINGTON, Sept. 26, 2023 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointments of Cynthia Romano and Chris Creger as Senior Managing Directors in the Turnaround & Restructuring practice within the firm’s Corporate Finance & Restructuring segment.
  • “Cynthia and Chris have a track record of helping clients get back to the basics of growing revenue, cutting unnecessary expenses and improving operations,” said Michael Eisenband , Global Co-Leader of the Corporate Finance & Restructuring segment at FTI Consulting.
  • In her role at FTI Consulting, Ms. Romano will focus on restructurings, business transformation, performance improvement and transactions for clients across the business spectrum.
  • He has served as interim chief executive officer, chief restructuring officer and lead financial advisor on multiple major engagements involving clients from a wide range of industries.

Drew McManigle Named as One of the Top 25 Business Restructuring & Turnaround Professionals for 2023

Retrieved on: 
Wednesday, September 13, 2023
Finance, Consulting, Business, Banking, Professional Services, Network, Turnaround, Multimedia, Lawyer, Consultant, CFOS, Title 11 of the United States Code, ChromeOS, Financial adviser

MACCO Restructuring Group, LLC (MACCO) is proud to announce that its Founder and CEO, Drew McManigle, has been named by the Global M&A Network to its coveted Top 100 Restructuring and Turnaround Professionals list, comprised of 25 consultants and investment bankers, and 50 lawyers.

Key Points: 
  • MACCO Restructuring Group, LLC (MACCO) is proud to announce that its Founder and CEO, Drew McManigle, has been named by the Global M&A Network to its coveted Top 100 Restructuring and Turnaround Professionals list, comprised of 25 consultants and investment bankers, and 50 lawyers.
  • MACCO provides responsive, bespoke financial advisory, leadership and turnaround advice across a broad and diverse array of industries and business segments.
  • Global M&A Network is a diversified media company and exclusive publisher of the popular “Top Dealmakers” lists.
  • Over the past 10 years, The Global M&A the A-list has featured brilliant, accomplished, and influential professionals from restructuring, distressed M&A and turnaround communities.

FBFK Wins the Turnaround Management Association's Small Company Turnaround of the Year Award for Pogo Energy, LLC

Retrieved on: 
Wednesday, September 13, 2023
Alberto Riveron, Ernst & Young Entrepreneur of the Year Award, Public Citizen Litigation Group, Chapter 11, Title 11, United States Code, Turnaround, DIP, Government, Creativity, Gibson, TMA, Conference, Bankruptcy, Cryptocurrency, DALLAS

DALLAS, Sept. 13, 2023 /PRNewswire-PRWeb/ -- The Turnaround Management Association (TMA), the premier nonprofit serving corporate renewal and restructuring professionals worldwide, announced that Pogo Energy, LLC, represented by FBFK lawyers Rachael Smiley, Bankruptcy/Reorganization Attorney and Chair of the Litigation Group and Attorney/Litigator Alex Campbell, is a 2023 TMA Turnaround/Transaction of the Year Award winner in the Small Company Turnaround/Transaction category.

Key Points: 
  • FBFK Law Firm's Rachael Smiley and Alex Campbell win 2023 Small Company Turnaround/Transaction of the Year Award from the Turnaround Management Association.
  • "It's rare for a Chapter 11 debtor to reorganize under existing ownership and management – and without DIP financing.
  • "We're honored to receive this award and extremely proud of the Pogo Energy case outcome," says Smiley.
  • Additional members of the Pogo Energy turnaround team included Phil Terry, CEO, Pogo Energy, LLC.

AARON'S ANNOUNCES APPOINTMENT OF RUSSELL FALKENSTEIN TO EXECUTIVE VICE PRESIDENT, CHIEF OPERATING OFFICER, LEASE-TO-OWN

Retrieved on: 
Wednesday, September 13, 2023
Executive, SVKM's NMIMS, Senior, Turnaround, MBA, Kellogg School, George Washington University, Development, Atlanta Business Chronicle, Pakistan Institute of Public Finance Accountants, Commerce, Ernie Davis Academy, Aaron, Northwestern University, NYSE, Aaron's, Inc., Management

ATLANTA, Sept. 13, 2023 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE: AAN), a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions, today announced the appointment of Russell Falkenstein to the position of Executive Vice President, Chief Operating Officer, Lease-to-Own for the Company, effective immediately.

Key Points: 
  • ATLANTA, Sept. 13, 2023 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE: AAN), a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions, today announced the appointment of Russell Falkenstein to the position of Executive Vice President, Chief Operating Officer, Lease-to-Own for the Company, effective immediately.
  • In this new position, Falkenstein will oversee all lease-to-own operations at Aaron's and BrandsMart Leasing.
  • "Congratulations to Russ on his well-deserved promotion," said Douglas Lindsay, CEO of The Aaron's Company.
  • Mr. Falkenstein has served as Senior Vice President, Chief Strategy, Analytics and Development Officer at Aaron's, LLC, a subsidiary of the Company, since 2021.

BRG Corporate Finance Practice Continues Growth, Welcomes Two New Managing Directors

Retrieved on: 
Thursday, August 24, 2023
BRG, BS, Housing, Specialization, Turnaround management, Policy, Turnaround, Schmitt, Accounting, Villanova University, Syracuse University, AlixPartners, Corporate finance, Growth, Principal, RPI, Management

BRG Corporate Finance continues to thrive and is especially focused on investing in growth.

Key Points: 
  • BRG Corporate Finance continues to thrive and is especially focused on investing in growth.
  • Bob Duffy , a managing director and co-head of BRG's Corporate Finance practice, said, "Welcoming Joe and Will to BRG directly aligns with our focus on growth and enhancing our service offerings.
  • BRG Corporate Finance is a full-service financial advisory practice that provides multidisciplinary services to companies, boards of directors, lenders, investors, attorneys and other special committees.
  • BRG Corporate Finance professionals have advised in some of the most complex corporate domestic and international matters.

Accordion Welcomes Andrew Hede as President of Turnaround & Restructuring Practice

Retrieved on: 
Monday, June 12, 2023
Consulting, Accounting, Professional Services, Partnership, Senior, EY, FTI Consulting, Multimedia, McKinsey & Company, Partner, Alvarez, Alvarez and Marsal, Hede, Financial adviser, Financial services, Accordion, Turnaround

Accordion , the private equity-focused financial and technology consulting firm, today announced the hiring of Andrew Hede as Senior Managing Director and Head of the Turnaround & Restructuring Practice based in New York.

Key Points: 
  • Accordion , the private equity-focused financial and technology consulting firm, today announced the hiring of Andrew Hede as Senior Managing Director and Head of the Turnaround & Restructuring Practice based in New York.
  • View the full release here: https://www.businesswire.com/news/home/20230612927048/en/
    Accordion Welcomes Andrew Hede as President of Turnaround & Restructuring Practice (Photo: Business Wire)
    Hede is an accomplished executive who brings more than 25 years of financial and operational transformation and restructuring experience to Accordion, with expertise advising clients in numerous formal and out-of-court restructurings.
  • “Andrew’s deep transformation and restructuring experience makes him uniquely qualified to continue Jim’s work and build our Turnaround & Restructuring Practice in the ‘Accordion Way,’” said Nick Leopard, Founder and CEO of Accordion.
  • We wish him the best in his future endeavors.”
    Accordion’s Turnaround & Restructuring practice is comprised of seasoned restructuring, reorganization, and turnaround experts.

PORTAGE POINT ADDS TOM STUDEBAKER AS CO-HEAD OF TURNAROUND & RESTRUCTURING PRACTICE

Retrieved on: 
Thursday, May 11, 2023
Partnership, PE, University, Turnaround, MBA, AlixPartners, Radar, Pedigree, CFO, Notre Dame, Northwestern University, Financial services

CHICAGO, May 11, 2023 /PRNewswire/ -- Portage Point Partners, LLC (Portage Point), an elite boutique advisory, consulting, interim management and financial services firm, announced today that Thomas Studebaker has joined the firm as Managing Director & Co-Head of the Turnaround & Restructuring practice.

Key Points: 
  • CHICAGO, May 11, 2023 /PRNewswire/ -- Portage Point Partners, LLC (Portage Point), an elite boutique advisory, consulting, interim management and financial services firm, announced today that Thomas Studebaker has joined the firm as Managing Director & Co-Head of the Turnaround & Restructuring practice.
  • Tom brings nearly 20 years of restructuring advisory and interim management experience to Portage Point, having spent the last 15 years at AlixPartners.
  • "Tom's wealth of practice building knowledge, deep turnaround and restructuring expertise and expansive network will reinforce and bolster our accelerated growth profile," said Matthew Ray, Founder & Managing Partner of Portage Point.
  • "Portage Point has been on my radar since Matt founded the firm just seven years ago," said Mr. Studebaker.

Steven Bellah Joins KCP Advisory Group

Retrieved on: 
Thursday, April 27, 2023
Finance, Consulting, Banking, Professional Services, Asset Management, Central Waqf Council, Turnaround, Remuda, Senior, GE Capital, CIT Group, KCP, Management, Financial services

KCP Advisory Group is excited to announce the merger of the Remuda Advisors consulting group into KCP and the appointment of Steven Bellah as Senior Managing Director.

Key Points: 
  • KCP Advisory Group is excited to announce the merger of the Remuda Advisors consulting group into KCP and the appointment of Steven Bellah as Senior Managing Director.
  • In this role, Mr. Bellah will head the Dallas office and will also serve as the practice leader for the Lender Services Group.
  • Mr. Bellah has over 35 years of commercial finance, managerial, and advisory experience.
  • “The addition of Remuda Advisors provides KCP with an experienced group for the Dallas office and our Lender Services practice,” said Jacen Dinoff, CEO of KCP Advisory Group.