Terry Bartz has been named managing partner of the new Minneapolis office of turnaround firm MorrisAnderson. He previously was COO of Verifications Inc.
MorrisAnderson is excited to announce that it has recruited Terry Bartz to head its Minneapolis office, which opened in March. As a managing director of the firm, he will manage client engagements and business development in Minnesota, as well as Iowa, North Dakota and South Dakota. Terry has extensive experience with helping companies restructure and optimize operations in a variety of industries, including information technology, telecommunications, call centers, software, staffing and service outsourcing, real estate development and commercial construction.
“Terry’s entrepreneurial and operating experience, along with his unique industry knowledge, will be a great asset to MorrisAnderson as he helps us expand our presence in the Twin Cities and throughout Minnesota,” said Dan Dooley, principal and chief operating officer of MorrisAnderson, as well as a Minneapolis native and University of Minnesota alumnus. “MorrisAnderson has worked on a variety of projects in Minneapolis and the surrounding communities for many years, and as a result, we have developed strong relationships with area lenders, attorneys and investors. We are excited to have Terry as our local market representative and believe he will do an outstanding job for MorrisAnderson.”
Bartz has a strong legal background, as well as extensive experience in turnarounds and re-engineering organizations for optimal performance and value. While he began his career as a business and litigation attorney, he transitioned into an operations management role upon entering the enterprise software applications industry. In this role, he gained valuable experience in developing business models and sales growth strategies, as well as overseeing marketing, finance, customer service and capital-raising initiatives.
Before joining MorrisAnderson, Bartz acted as chief operating officer of a leading provider of outsourced human resource services. Originally brought on to diagnose and correct operational challenges within the company, Bartz quickly moved from executive vice president of operations to chief operating officer after implementing changes that increased revenues by improving employee morale and customer retention. Previously, Bartz also worked as a consultant, providing interim senior management and general corporate counsel for companies seeking to manage or establish high-growth environments, as well as implement turnarounds and restructurings.
Bartz has a bachelor’s degree in business from Gustavus Adolphus College in St. Peter, Minn., and a law degree from Hamline University School of Law in St. Paul, Minn., where he graduated cum laude.
Now celebrating its 30th anniversary, Chicago-based MorrisAnderson has offices in New York, Atlanta, Milwaukee, Los Angeles, Cleveland, St. Louis, Charlotte, N.C. and Minneapolis. The firm’s service offerings include performance improvement, financial advisory, interim management, turnarounds, workouts, litigation support and insolvency services and wind-downs. MorrisAnderson emphasizes hands-on involvement for companies with $50 million to $500 million in annual sales.