Focus Management Group, a turnaround and restructuring firm, hired Tom Thompson. Based out of the firm’s California office, Thompson will serve as a senior managing director to complement the demand for the firm’s turnaround management and corporate restructuring services.
“We are excited to have someone with Tom’s ability and expertise,” J. Tim Pruban, CEO and founder of Focus Management Group, said. “Tom’s proficiency in a wide range of industries will be a valuable resource in supporting our firm’s steady growth in providing restructuring solutions to financially distressed businesses and their stakeholders. With his industry experience, he will be a hands-on team member for our clients.”
Thompson has a proven track record of achievements working for both creditors and debtors when businesses are experiencing performance disruption and evaluating strategy decisions for performance turnaround. Thompson has an extensive background working on both the creditor and debtor side of an engagement. He served as debtor-side financial advisor to an oil field services company to advise on a restructuring of their senior secured credit agreement. Thompson also acted as creditor-side financial advisor to a senior secured lender for a television production company and ran a successful Article 9 foreclosure sale of the assets.
Thompson has served as an expert witness in several chapter 11 cases and has also served on the board of directors of several companies post restructuring.
In addition to his work as a restructuring advisor, Thompson has also been an active investment banker. He has developed and executed corporate finance strategies for numerous distressed companies, both as a restructuring advisor and an investment banker. In all these roles Thompson represented a variety of constituents in distressed transactions, such as debtors, banks / secured creditors, unsecured creditors and equity holders, to achieve the best outcome for the stakeholders.
