Carl Marks Advisors, a corporate restructuring and investment banking firm to middle market companies, promoted Scott Webb to senior managing director and David Endo to director on the investment banking team.

Webb, who joined Carl Marks Advisors in 2007, will be co-head of the investment banking restructuring vertical alongside Partner Evan Tomaskovic. Webb specializes in advising companies, secured lenders and other creditor groups in complex financial restructurings, distressed mergers and acquisitions, and other special situations that require innovative solutions for conflict resolution both in and out of court.

Endo has more than eight years of investment banking and financial restructuring experience providing execution services for various financial advisory assignments, including mergers and acquisitions, debt and equity capital raises, and financial restructurings for companies and secured and unsecured creditors across the capital structure. Since joining Carl Marks in 2011, he has advised numerous clients both in and out of court across a variety of industries including energy, healthcare, manufacturing, building materials and consumer products.

“We congratulate our colleagues on their promotions,” said Tomaskovic, a partner at Carl Marks Advisors and manager of the firm’s investment banking group. “We greatly value the contributions Scott and David have made to the firm and our clients over the past years, and thank them for their steadfast support. I look forward to working closely with Scott to continue to move the firm’s investment banking group forward.”