Schottenstein affiliate SB360 Capital Partners (SB360), an asset realization and advisory firm, appointed finance industry veteran Marc S. Price as executive vice president of corporate development. Based in the Boston office, Price will work with the senior leadership team across the broader SB360 platform to identify and pursue opportunities that align with the company’s retail growth strategy.
With over 25 years of commercial finance experience, Price brings a wealth of knowledge and expertise to a team already deeply established as retail and consumer industry leaders. Before joining SB360, Price was head of the retail finance unit for PNC Business Credit. Previously, he was co-head of Monroe Capital’s retail vertical and held various other leadership roles at retail-focused financial institutions.
“While the retail landscape continues to transform, SB360 has positioned itself at the forefront of this evolution,” Price said. “Simplified, off-the-shelf solutions no longer meet the needs of today’s retailers. Solutions need to be thoughtful, bespoke and multifaceted. Whether it’s asset monetization, advisory, debt or equity, SB360’s ability to deliver for clients made it the perfect next step for me.”
Joining SB360 is a homecoming of sorts for Price, who, earlier in his career, managed valuation services for a separate Schottenstein affiliate. It also reunites him with friends and colleagues from prior firms he has worked with throughout his distinguished career.
“Aside from being a nationally recognized professional with a specialized set of experiences in restructuring and asset-based lending, Marc is a longtime friend of the firm,” Aaron Miller, president of SB360, said. “He’s witnessed our tremendous growth and increased market share. Adding Marc to our team will undoubtedly contribute to our continued success.”
In addition to his role at SB360, Price will work cross-platform with the team at Second Avenue Capital Partners (SACP), the firm’s lending arm.
“Marc has built his career on developing meaningful relationships with a broad network of companies, sponsors and professionals,” Michael D. Sullivan, who heads up loan origination efforts for SACP, said. “We are excited to have him join the organization. We look forward to leveraging his insights and unique skill set to further strengthen our position as a leading provider of asset-based lending solutions.”
