Daily News: December 7, 2015

Special Report: Carl Marks Honored as Outstanding Turnaround Firm

Carl Marks Advisors announced Turnarounds & Workouts‘ has recognized the firm as an Outstanding Turnaround Firm for exceptional restructuring and advisory expertise it has brought to 2015 transactions, including in the energy, consumer/retail, grocery and regional/community banking sector. Carl Marks was named in Turnarounds’ November’s special report that honors the top 12 outstanding turnaround firms for 2015.

Noteworthy Carl Marks Advisors engagements on 2015 transactions, as highlighted in Turnarounds & Workouts’ special report, include:

  • CRO of Cal Dive through operation and sale
  • CRO and investment banker to Joe’s Jeans during restructuring and sale
  • CRO to Associated Wholesalers during sale and estate wind down
  • Financial Advisor to American Bancorporation debtor during 363 sale

“We are honored to be recognized by our peers and colleagues for our achievements, which speaks to the quality and experience of our teams, as well as our ability and track record of bringing creative solutions to complex restructurings in the middle market,” said Duff Meyercord, managing partner of Carl Marks Advisors.

“Our teams have exhibited great success across multiple sectors, and we expect to be very active going into 2016 including in the oil & gas, education and healthcare sector,” added Meyercord.

Carl Marks Advisors Partners include: Chris Wu, Doug Booth, Duff Meyercord, Evan Tomaskovic, Jette Campbell, Joe D’Angelo, Keith Daniels, Marc Pfefferle, Mark Claster and Warren Feder.