The Turnaround Management Association is proud to announce Jane Mitnick, SM Financial Services Corporation as 2022 TMA Global President. Her term begins on January 1, 2022. Current TMA President, Matthew English, CTP, Arch + Beam, will transition to...
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October 28, 2021, 08:00 AM
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B. Riley Financial received multiple awards at the 13th Annual Turnaround Atlas Awards, hosted by Global M&A Network on June 24 and 25, 2021.Tom Kelleher, Co-Chief Executive Officer of B. Riley Financial commented: “These awards demonstrate our...
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July 02, 2021, 07:00 AM
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Portage Point Partners announced Adam Chonich has joined the firm as a Managing Director.Chonich has well over a decade of turnaround and restructuring experience having advised companies across industries including automotive, retail, aviation and...
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May 11, 2021, 07:22 AM
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SierraConstellation Partners, LLC (SCP), a national interim management and advisory firm to middle-market companies in transition, announced that it has hired Robert O. “Bob” Riiska as Managing Director. Riiska will be based at the firm’s Los Angeles...
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October 25, 2018, 07:05 AM
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Malfitano Partners, a preeminent provider of advisory services in the asset acquisition and disposition industry, announced that Michael Minell will be joining the firm as Executive Vice President, Chief Implementation Director.
Minell will be...
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October 04, 2018, 07:08 AM
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AlixPartners, the global consulting firm, announced it has entered into an agreement to acquire independent financial advisory and interim management firm Zolfo Cooper. The proposed transaction follows AlixPartners’ successful acquisition of Zolfo...
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September 28, 2018, 08:00 AM
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Global professional services firm Alvarez & Marsal (A&M) announced the addition of Michael V. Balistreri as Managing Director to its Corporate Finance practice in New York. Balistreri specializes in providing investment banking and financial advisory...
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September 26, 2018, 07:11 AM
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Chiron Financial LLC was recognized with multiple awards at the Global M&A Network's 10th Annual Turnaround Atlas Awards Ceremony, held in New York City in July. including Out of Court Restructuring of the Year and Corporate Turnaround of the Year....
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August 21, 2018, 08:02 AM
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The Turnaround Management Association (TMA) has announced the winners of the 2018 Individual Awards. Every year, the awards program recognizes TMA members who raise the public profile of the corporate restructuring industry through their volunteer...
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July 25, 2018, 07:33 AM
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Every five years, the Turnaround Management Association (TMA) celebrates individuals who have made outstanding contributions to the corporate restructuring industry. The TMA announced its five inductees into the 2018 Turnaround, Restructuring, and...
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July 17, 2018, 07:09 AM
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Alvarez & Marsal (A&M) announced that Jeffrey Huddleston has joined as a Managing Director in the firm’s Houston office. Huddleston specializes in advising distressed companies, lenders and creditors on both in-court and out-of-court restructurings...
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April 20, 2018, 07:17 AM
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Aurora Management Partners, LLC announces four new team members, Andrew Blaesing, Matt Dossey, Peter (Che) Carrasquillo, and Catherine Kendall have joined their team to further develop their growing company’s endeavors. These team members possess a...
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December 19, 2017, 07:00 AM
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Abraxas Group Founding Partner David Johnson, serving in the role of Interim Chief Operating Officer, led the successful turnaround and restructuring of a Chicago-area Behavioral Healthcare Company active in adolescent residential treatment, adoption...
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October 09, 2017, 07:17 AM
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Garden Fresh Restaurant Corp, parent company of Souplantation and Sweet Tomatoes restaurant chains, announced the appointment of restaurant turnaround veteran John W. Haywood as chief executive officer.
Last month the company announced that...
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September 08, 2017, 07:17 AM
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Fewer energy companies filed for bankruptcy in 2017, but the sector is still rife with opportunities for distressed/turnaround investors, according to George Putnam, III, author of The Turnaround Letter. Putnam's newly released Mid-Year Bankruptcy...
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August 10, 2017, 07:15 AM
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Garden Fresh Restaurants, parent of Souplantation and Sweet Tomatoes, has been acquired by two private equity firms just months after its emergence from bankruptcy.
In a press release, the San Diego-based chain, which operates in nine startes...
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August 09, 2017, 07:52 AM
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FTI Consulting, Inc. announced that it has acquired CDG Group, a restructuring advisory, turnaround management, value enhancement and transaction advisory firm in New York. Terms of the transaction were not disclosed.As part of the transaction, 19...
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July 06, 2017, 08:01 AM
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Gavin/Solmonese, the Wilmington-based restructuring and turnaround management consulting firm, recently received two industry awards from M&A Advisor at its 11th annual Turnaround Awards.Restructuring 2017 Deal of the Year and Energy Deal of the Year...
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April 14, 2017, 07:10 AM
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Ankura Consulting (Ankura) announced the appointment of David Sawyer as Senior Managing Director. Based in the New York office, Mr. Sawyer will practice with the firm’s Turnaround and Restructuring Group. David Sawyer joins the ranks of Ankura’s...
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February 08, 2017, 07:16 AM
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The leadership of CR3 Partners, LLC, revealed the details of their newly-formed national turnaround and performance improvement firm. CR3 Partners, founded by renowned industry expert William Snyder, and 17 partners from Deloitte CRG, Chrysalis...
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February 07, 2017, 08:10 AM
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AlixPartners, the global business advisory firm, announced the appointment of Rick Peters as Managing Director in the Turnaround and Restructuring practice.Peters will be based in the firm’s newly opened Houston office. He will further enhance the...
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October 11, 2016, 07:51 AM
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BDO Consulting, a division of BDO USA, announced the appointment of Basil Karampelas as Managing Director in the firm’s Business Restructuring and Turnaround Services practice. Karampelas brings more than 25 years of experience in corporate...
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August 10, 2016, 07:06 AM
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Phoenix Capital Resources, the investment bank affiliate of Phoenix Management Services, LLC, acted as the exclusive financial advisor and investment banker to Lane Enterprises, Inc. PNC Bank, N.A. provided a new $54.6 million credit facility to Lane...
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March 02, 2016, 07:56 AM
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The Keystone Group, a consultancy with a focus on creating value for middle-market companies and improving their profitability, announced the promotion of Joe Zito as he steps into his new role as a Director of the Chicago-based firm. Zito, an...
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February 22, 2016, 07:49 AM
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Armory Group, a preeminent advisory, investment banking and asset management firm serving middle-market companies and their stakeholders, today announced the formation of Armory Strategic Partners, led by turnaround and consulting veteran Scott Avila...
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February 05, 2016, 07:20 AM
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King Trade Capital announced a $500,000 production facility for a government contractor. A former client of King Trade Capital (KTC) recently completed a restructuring of its balance sheet by infusing equity into the company through a preferred...
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November 10, 2014, 07:21 AM
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From the third quarter Phoenix Management “Lending Climate in America” Survey, results show that lenders are concerned with U.S. housing market and the stability of the stock market.
When asked to choose two factors that could have the strongest...
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November 05, 2014, 07:47 AM
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Z Capital Partners, a private equity firm that makes opportunistic control investments in companies that may require growth capital, operational turnaround or restructuring, announced that Timothy Clayton has been named managing director and...
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July 16, 2014, 07:21 AM
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Victory Park Capital (VPC), an asset management firm focused on middle-market debt and equity investments, announced that it has named Jason Brown partner. Brown, a twenty-year financial services veteran will lead the firm’s new Los Angeles office....
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July 01, 2014, 07:32 AM
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Huron Consulting Group, a leading provider of business consulting services, announced the addition of James E. Nugent as a managing director within its Business Advisory practice to further strengthen the turnaround and restructuring team. Nugent...
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June 11, 2014, 07:42 AM
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Z Capital Partners announced that it has named David Barr, Joyce Hrinya and John Dupuy as Partners on Z Capital's Operating Team. The Operating Team assists in conducting operational due diligence, building management teams and in value-creation...
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April 29, 2014, 07:08 AM
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Bloomberg reports Dell Inc., the computer maker that founder Michael Dell and Silver Lake Management LLC are taking private for $24.9 billion, is working with AlixPartners LLP on its turnaround, according to people with knowledge of the...
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September 25, 2013, 07:32 AM
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The Deloitte Corporate Restructuring Group (Deloitte CRG) within Deloitte Financial Advisory Services LLP served as financial and restructuring advisor to TC Global, Inc. (Tully's Coffee) throughout the bankruptcy process and during its sale of...
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July 09, 2013, 07:33 AM
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Thomson Reuters reported turnaround guru Wilbur Ross told one of the biggest annual gatherings of restructuring professionals on Friday the industry's system of basing pay on hours worked should be scrapped to control the spiraling cost of Chapter 11...
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April 22, 2013, 08:00 AM
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AlixPartners announced that James A. "Jim" Mesterharm has been promoted to co-lead the firm's Turnaround & Restructuring Services (TRS) unit in the Americas. Mesterharm, who is also a managing director at AlixPartners, is deeply experienced in...
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April 09, 2013, 07:26 AM
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Sheila T. Smith, principal, Deloitte Financial Advisory Services has been named restructuring services leader for the Americas region. Smith is currently the co-leader of Deloitte FAS' Corporate Restructuring Group in the U.S., a role she will...
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March 15, 2013, 08:01 AM
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Citrus Universal Healthcare announced the United States Bankruptcy Court for the Middle District of Florida has approved its offer to purchase the four operating entities of Universal Health Care Group, including all of Universal’s Medicare health...
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March 13, 2013, 07:28 AM
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The Chicago/Midwest Chapter of the Turnaround Management Association (TMA) has announced its Officers and Board of Directors for 2013. Kevin A. Krakora, Mesirow Financial Consulting LLC, has been elected president. Daniel P. Wikel, Huron Consulting...
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December 05, 2012, 07:12 AM
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