Articles from Carl Marks Advisors

Carl Marks Advisors (“CMA”), a leading provider of restructuring and M&A services to the middle market, announced that it has advised HealthTronics (the “Company”), a premier provider of kidney stone management solutions for urologists, health systems, and patients, on the successful recapitalization of the Company and a new investment from Secretariat Capital.

Carl Marks Advisors, a leading investment bank providing financial and operational advisory services to middle market companies, has been awarded Out-of-Court Restructuring Deal of the Year and Consumer Discretionary Deal of the Year at the 18th Annual Turnaround Awards, hosted by The M&A Advisor, following the 2024 Distressed Investing Summit.

Carl Marks Advisors, a leading investment bank providing financial and operational advisory services to middle market companies, has been awarded Distressed Deal of the Year at the 15th Annual Americas M&A Atlas Awards, hosted by Global M&A Network, LLC. In addition, Carl Marks Securities LLC won Metals Deal of the Year, while Director Michael Gordon was honored as a 2023 America’s Rising Star Dealmaker.

Carl Marks Advisors, a leading investment bank offering financial and operational advisory services to middle-market companies, today announced the promotion of Jonathan Killion to Partner.

Carl Marks Advisors, a leading investment bank offering financial and operational advisory services to middle-market companies, announces its receipt of the Professional Services Deal Of The Year award for the mid-market category at the 22nd Annual M&A Advisor Awards, hosted by The M&A Advisor. The prestigious award recognizes the firm's exceptional work on behalf of architecture and design firm EYP Group Holdings, Inc. ("EYP") in its successful sale to Page Southerland Page, Inc.

Carl Marks Advisors, a leading investment bank providing financial and operational advisory services to middle market companies, today announced that Jeanine Krattiger, a Managing Director at the firm, has been named to the Board of Trustees of the Turnaround Management Association (TMA), the premier nonprofit serving corporate renewal and restructuring professionals worldwide.

Carl Marks Advisors, a leading investment bank providing financial and operational advisory services to middle market companies, today announced that Stephen Funnell has been promoted to Vice President, while Matthew Dowell has joined the firm, also as Vice President.

Traditional bank lenders are applying more pressure to borrowers and showing less tolerance when mid-sized companies in the U.S. miss financial targets, according to a new survey of business executives and lenders sponsored by Carl Marks Advisors, a leading investment bank.

Carl Marks Advisors, a leading investment bank providing financial and operational advisory services to middle market companies, today announced that it has successfully advised Sherwood Lumber (the “Company”), a leading distributor of lumber and building materials, on its acquisition of Mid Atlantic Wholesale Lumber (“MAWL”), a key regional supplier of lumber products since 1977.

Carl Marks Advisors, a leading investment bank providing financial and operational advisory services to middle market companies, today announced that it has successfully facilitated a refinancing for Florida Marine Transporters LLC Holdings (“Florida Marine” or the “Company”) with a unit of TCW Asset Management Company LLC (“TCW”).

Carl Marks Advisors, a leading investment bank providing financial and operational advisory services to middle market companies, today announced that Scott Webb, Partner, has been awarded Investment Banker of the Year at the 17th Annual Turnaround Awards, hosted by The M&A Advisor. The award was presented on Wednesday, March 22, following the 2023 Distressed Investing Summit.

Carl Marks Advisors, a leading investment bank providing financial and operational advisory services to middle market companies, today announced promotions for three executives at the firm. Benjiman Godbout and David Endo have been promoted to Managing Director, and Michael Gordon has been elevated to Director.

Carl Marks Advisors, a leading investment bank providing financial and operational advisory services to middle market companies, announced four additions to its growing team and a promotion. The expansion reflects the firm's commitment to exceeding client expectations by building world-class teams and attracting top talent despite a challenging labor market.

A new survey of supply chain executives by Carl Marks Advisors, in partnership with SupplyChainBrain, underscores the deep and lasting impact of COVID-related supply chain disruptions. According to the research, more than half of all respondents don’t expect a return to a more normal supply chain until the first half of 2024 or beyond, while 22% say they expect disruptions to continue until the second half of 2023. They also see a number of threats clouding the picture and complicating a return of a more reliable supply chain, most notably the war in Ukraine (30%) and labor concerns (24%).

Carl Marks Advisors, a leading investment bank providing financial and operational advisory services to middle market companies, today announced that Alec Haesler, a director at the firm, has been named a 2021 America's Rising Star Dealmaker by Global M&A Network, LLC, a worldwide organization that recognizes leading M&A, restructuring, financing, and turnaround professionals.

Carl Marks Advisors, a leading investment bank providing financial and operational advisory services to middle market companies, today announced that it has been recognized with three awards at The M&A Advisor’s 15th Annual Turnaround Awards, one of the restructuring and distressed investing industry’s benchmarks for excellence. Carl Marks Advisors was honored in the following categories:

The “kick the can” flexibility that banks and alternative lenders have exhibited toward middle market company borrowers during the COVID-19 pandemic is poised to change in the first quarter 2022, according to a new Carl Marks Advisors survey of financial services executives and advisors. Respondents to the survey said lenders may soon begin to act on loans to businesses that are underperforming or at risk of default, and believe this process will be complicated by the persistent difficulties companies are facing in accurately forecasting their revenues. According to the survey results, revenue forecasting is likely to present a challenge well into 2022.

Carl Marks Advisors, a leading investment bank providing financial and operational advisory services to middle market companies, today announced the completion of the restructuring and successful sale of Aztec Events & Tents and Shaffer Sports, collectively known as Aztec/Shaffer, LLC (“Aztec/Shaffer” or “the Company”). Carl Marks Advisors served as restructuring advisor to the Company with partner Brian Williams acting as Chief Restructuring Officer.