Daniel Wiggins Joins MorrisAnderson's St. Louis Office


CHICAGO, IL--(Marketwire - October 3, 2008) - MorrisAnderson & Associates, Ltd., Chicago, is pleased to announce that Daniel Wiggins has joined their St. Louis office as a Consulting Manager.

"I am very excited that Daniel has agreed to come on board to help market our services to clients in St. Louis, Kansas City and the surrounding areas," says Larry Hennessy, principal and CFO of MorrisAnderson, as well as head of the St. Louis office. Adds Hennessy, "Daniel has worked with MorrisAnderson for several years and we are excited that he will now be working out of our St. Louis office. Daniel, with his extensive executive-level experience in domestic and international companies, will be a great asset to us."

Throughout his career Wiggins' primary responsibilities have involved cash flow management, financing, strategy, business development and information systems implementations, and he has led business transaction processes.

As a consultant with MorrisAnderson, Wiggins uses a pragmatic approach to forge stakeholder relationships that optimize business continuity. He has advised companies, equity investors and banks on financing, performance enhancement, executive mentoring, recapitalization transactions, divestitures and acquisitions, and insolvency proceedings and out-of-court restructuring. Wiggins has worked with private equity groups to advise established and startup companies on their business planning and placement of equity and debt positions.

Most recently, Wiggins engineered an international manufacturing company's restructuring that successfully concluded with an equity sale. He also evaluated and advised the restructuring of the debt and equity position of a private equity firm's investment in a technology company, organized the financial forecast for a medical device manufacturer, was sell-side adviser for a building materials manufacturer and distributor, and was buy-side adviser for an international manufacturer's transaction in North America. He advised an automotive parts supplier's Chapter 11 bankruptcy and its ensuing 363 sale, and has evaluated and monitored the collateral for a bank's distressed clients. Additionally, he provides ongoing performance and compliance advice for various companies.

Wiggins holds an MBA and a Bachelor of Science degree from the University of Southern Mississippi. He is a member of the Turnaround Management Association and a Certified Treasury Professional alumnus.

More about MorrisAnderson:

Now celebrating its 27th anniversary, Chicago-based MorrisAnderson has offices in New York, Atlanta, Milwaukee, Los Angeles, Cleveland and St. Louis. The firm's service offerings include performance improvement, financial advisory, investment banking, interim management, lender services, turnarounds, workouts, litigation support, valuation, information technology services, and insolvency services and wind-downs. MorrisAnderson emphasizes hands-on involvement for companies with $20 million to $200 million in annual sales.

Contact Information: For More Information Contact: Marjorie Dunn Manager, Marketing & Communications 312/254-0892

Daniel Wiggins Joins MorrisAnderson's St. Louis Office