Carl Marks Advisory Group names new partner

Carl Marks Advisory Group has named Joseph D’Angelo to partner. D’Angelo works with company management as an advisor or interim officer to develop and implement business plans that restore top-line growth and increase enterprise value.

PRESS RELEASE

Carl Marks Advisory Group LLC, a leading consulting and investment banking advisor to middle market companies, announced today that it has named Joseph D’Angelo to partner.
“We are excited to have Joe serve as a partner of our growing firm and value his deep expertise on complex restructuring matters,” said Duff Meyercord, partner of Carl Marks Advisory Group.
Mr. D’Angelo, 47, works with company management as an advisor or interim officer to develop and implement business plans that restore top-line growth and increase enterprise value. He also represents secured creditors in restructuring cases requiring operational insights and strategies. Mr. D’Angelo’s recent cases include confidential clients in for-profit education and advising the prepetition secured lenders to Exide Technologies.

Prior to Carl Marks, Mr. D’Angelo served as a principal at XRoads Solutions Group, senior vice president at Platinum Equity, and managing director at Alvarez & Marsal LLC. He also held corporate telecommunications roles, including chief financial officer at Rhythms NetConnections Inc., a startup DSL CLEC, and management positions with Sprint Corp., in Kansas City.

Mr. D’Angelo earned a BA from Columbia University and an MBA from The Wharton School of the University of Pennsylvania. He is a member of the Turnaround Management Association.

About Carl Marks Advisory Group LLC and Carl Marks Securities LLC
Carl Marks Advisory Group LLC, a New York-based consulting and investment banking advisory firm serving middle market companies, provides an array of financial and operational services including mergers and acquisitions advice, sourcing of capital, financial restructuring plans, strategic business assessments, improvement plans and interim management. The award-winning firm was the recipient of the 2013 M&A Advisor’s Sector Financing Deal of the Year (Real Estate); the Turnaround Atlas Awards’ Healthcare Services Turnaround of the Year, Mid Markets Restructuring Investment Bank of the Year, and Restructuring Investment Banker of the Year (Boutique); the 2011 M&A Advisor’s Debt Financing Deal of the Year; and the 2011 Turnaround Atlas Awards Chapter 11 Reorganization of the Year (Middle Market).Carl Marks has additional offices in Charlotte, NC.

Carl Marks Securities LLC, based in New York, assists its clients in executing private placements of debt and equity. The firm is a member of FINRA and SIPC.

Press Contact:
Phil Nourie / Stanton PR & Marketing
212-922-1226 / pnourie@stantonprm.com

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