Daily News: July 11, 2019

Portage Point Expands Restructuring Practice


Portage Point Partners added Arun Lamba and Max Golembo to support Portage Point’s growing client base and closely follows the hiring of Scott Canna and Ryan Williams.

Lamba brings more than 15 years of operational, financial and strategic expertise, leading businesses through performance improvement and transformational change as both an operator and consultant.

Lamba joins Portage Point from Wilson Perumal where he advised organizations through complex and dynamic situations, including organizational realignment and acquisition integration. Prior to consulting with WP&C, He ran multiple middle market businesses in the manufacturing, capital equipment and technology sectors, during business transformations that included acquisition integrations, sales team restructuring, development and implementation of integrated management standards, and new product launches. Lamba started his career with Cambridge Associates as an investment consultant.

Golembo will serve as a senior associate, joining Portage Point from Lincoln International where he was an investment banking analyst focused on middle market Mergers & Acquisitions.

“I am pleased to welcome Arun and Max to the Portage Point team,” said Matthew Ray, founder and managing partner of Portage Point. “Arun’s strong background in operational leadership roles during periods of transformation and transition coupled with his business advisory skillset will drive immediate impact for Portage Point clients,” Ray continued.

“Max was an elite performer at Lincoln where he was chosen to participate in a highly selective six-month international secondment program. His addition further evidences our ability to consistently attract talent at the highest level.”

Portage Point is a business advisory and interim management firm that partners with middle market companies and their stakeholders to develop and implement value maximization strategies during periods of transition, underperformance and distress.