Contact Information: For More Information: Marjorie Dunn Manager, Marketing & Communications 312/254-0892
CHICAGO, IL--(Marketwire - March 26, 2008) - MorrisAnderson is pleased to
announce that Jason Paru has joined their Chicago office as a Consultant.
"We are very happy that Jason has joined MorrisAnderson," says Principal
Howard Korenthal. "Jason brings strong analytical and hands-on experience
to our turnaround and restructuring team."
Paru's experience includes corporate turnaround management and
restructuring services, private equity investing, mergers and acquisitions,
and general corporate finance. He has been an adviser to distressed and
under-performing companies, private equity investors, lenders, and other
creditors in out-of-court restructurings and bankruptcy proceedings, as
well as debt restructurings and financings, liquidity management, cost
containment/operational initiatives, §363 asset sales, business plan and
strategic analyses, valuation analyses, litigation support, private equity
investing, and mergers and acquisitions.
Paru's restructuring experience with distressed and underperforming
companies includes advising a $200 million manufacturer and distributor of
food service equipment and supplies in a debt restructuring, liquidity
management, and strategic planning initiative. He also performed a business
plan assessment for a $190 million snack foods manufacturer and
distributor, and advised the senior secured lenders of an $85 million
pharmaceutical manufacturer on operational and financial restructuring
initiatives, cash-flow forecasting, and business valuation.
Paru's professional experience also includes four years of specializing in
private equity investing, with a focus on leveraged buyouts,
recapitalization, and growth equity investments across a wide range of
industries. He has worked in the manufacturing, consumer products, business
services, distribution, retail, telecommunications, textiles, and
pharmaceuticals industries.
Prior to joining MorrisAnderson, Paru was a vice president with the
turnaround and restructuring practice of Mesirow Financial Consulting. He
received his MBA from the University of Chicago Graduate School of Business
and holds a bachelor's degree in economics from Northwestern University. He
is a member of the Turnaround Management Association (TMA) and the
Association of Insolvency and Restructuring Advisors (AIRA).
More about MorrisAnderson:
Chicago-based MorrisAnderson has offices in New York, Atlanta, Milwaukee,
Los Angeles, Cleveland, Nashville 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. Now celebrating its 27th
anniversary, the firm recently merged with Centre Health Partners, a
management consulting firm specializing in financial and operational
performance improvement services for the health-care industry.
MorrisAnderson's new health-care division is based in Nashville, Tenn.
