New York, October 20, 2020 – Carl Marks Advisors, a leading investment bank providing financial and operational advisory services to middle market companies, today announced six additions to its growing team. The expansion reflects current and anticipated growth in demand for advisory services as the country struggles to pull out of economic and other impacts of the COVID-19 pandemic.
“The extended strain on the economy, driven in large part by COVID-19, continues to have a profound impact on middle-market firms. Companies will need to continually adjust their operating and business models in order navigate the changes ahead,” said Duff Meyercord, Managing Partner of Carl Marks Advisors. “As financial and operating advisors, we can offer guidance in these areas and, with this latest infusion of new talent, we are even better positioned to meet our clients’ needs. I am very pleased to welcome all of our newest team members.”
The new additions add to Carl Marks Advisors’ recent growth momentum. The firm has added or promoted more than a dozen team members since summer 2019.
The six new hires include:
Tom Cunningham is a senior financial and operational executive with over 30 years of financial advisory and interim management experience. Throughout his career, Mr. Cunningham has focused on distressed companies and has significant experience with restructuring, turnarounds, bankruptcy, business valuations, litigation, and mergers and acquisitions.
Earlier in his career, Mr. Cunningham served in a number of executive roles, including CFO of a not-for-profit college, CFO & COO of an alternative investment management company, CFO of a technology company and CFO of an on-line media publisher.
Mr. Cunningham holds a BS in Accounting from Manhattan College and an MBA in Corporate Financial Management from Pace University.
Aidan Black is a skilled professional with demonstrated success in both Chapter 11 restructurings as well as mergers & acquisitions across sectors including energy, food/grocery, healthcare, insurance, media, and retail. Mr. Black focuses on advising company owners, management teams, lenders, and private equity groups on complex bankruptcies, restructurings, refinancing, and M&A transactions.
Prior to joining Carl Marks Advisors, Mr. Black supported corporate bankruptcies and restructurings at Alvarez & Marsal in Dallas, Texas. He graduated magna cum laude with a BBA in Finance from the Jones College of Business at Middle Tennessee State University and is a FINRA Registered Representative.
Garland Gay advises clients on debt and equity financings, restructurings, and sell-and buy-side M&A transactions. She brings a combination of investment banking and financial restructuring experience to each client engagement and works closely with company owners, management teams, private equity groups, lenders, and investors to ensure successful outcomes.
Previously, Ms. Gay served as an associate at Chiron Financial where she supported the marketing and execution of financings, M&A transactions, and financial advisory engagements. Earlier, Ms. Gay was a Senior Financial Analyst with Signal Funding LLC, a litigation finance startup, where she was responsible for the development and ownership of revenue and cash flow forecasting, product costing models and reports.
Ms. Gay holds a BBA and a MS in Finance from the University of Texas at Austin. She is a FINRA Registered Representative.
Charles Hill brings experience working on both public and private company transactions to Carl Marks Advisors. His experience also includes assignments in both healthy and distressed M&A, including corporate mergers, acquisitions, restructurings, leveraged buyouts, and capital raises.
Prior to joining Carl Marks Advisors, Mr. Hill worked as an investment banking analyst at BTIG, where he focused on executing M&A and capital raises across multiple industries.
Mr. Hill holds a BA in Economics from Cornell University and is a FINRA Registered Representative.
David Mintz is a hands-on team member with financial advisory and restructuring experience focusing on due diligence, analysis, planning and execution. He has worked with company owners, management teams, private equity groups, lenders and investors across a wide range of industries.
Prior to joining Carl Marks Advisors, Mr. Mintz worked at BDO Consulting Group, where he worked on all stages of the restructuring process, performing buy-side and sell-side M&A advisory, crisis management, turnaround and Chapter 11 work.
Mr. Mintz holds a BA in Business Administration from the University of Michigan’s Stephen M. Ross School of Business. He is a Certified Public Accountant and a FINRA Registered Representative.
David Orr is a highly-adept professional with experience in leveraged finance and M&A transactions. Mr. Orr’s expertise spans a broad range of industries, including the industrial, consumer goods, and health & wellness sectors and has worked closely with company owners, management teams, private equity groups, lenders and investors.
Previously, Mr. Orr worked at Steel Partners Holdings where he served as an Investment Analyst focusing on public and private sector small- to middle-market companies’ M&A. Mr. Orr also ran analysis, due diligence, and negotiation of investments for the diversified global investment holding company.
Mr. Orr holds a BA in Economics from the University of Michigan and is a FINRA Registered Representative.