Category Archives: Uncategorized

Mackinac Partners is recognized with a Restructuring Deal of the Year Award from The M&A Advisor for Romano’s Macaroni Grill

Bloomfield Hills, MI – November 13, 2018 – Mackinac Partners, a leading turnaround and restructuring firm, has been awarded a 2018 Restructuring Deal of the Year Award for the restructuring and turnaround of Mac Acquisition LLC (DBA ”Romano’s Macaroni Grill”), the award winning Italian casual dining restaurant. The Restructuring Deal of the Year Award (under […]

Mackinac Partners Senior Managing Director Nishant Machado recognized in ABI’s “40 under 40” Emerging Leaders

Bloomfield Hills, MI – October 15, 2018 – Mackinac Partners, a leading turnaround management and restructuring firm, is pleased to announce that Senior Managing Director Nishant Machado has been recognized by the American Bankruptcy Institute (ABI) in its 2018 “40 Under 40” Emerging Leaders in Insolvency Practice initiative. The program, which identifies the 40 top […]

Romano’s Macaroni Grill expands with Sullivan’s Steakhouse acquisition, CEO and Mackinac Partners’ Senior Managing Director Nishant Machado says purchase is ‘aligned with our strategic vision’

Romano’s Macaroni Grill, the award winning Italian casual dining chain, agreed to terms with Del Frisco’s Restaurant Group, Inc. (Nasdaq: DFRG) Tuesday to acquire Del Frisco’s Sullivan’s Steakhouse brand in an approximately $32 million deal. The purchase of the 14-unit steakhouse across 12 states is expected to close on or before Sept. 30. “The acquisition […]

Mackinac Partners’ Founder and Managing Director James Weissenborn recognized in “Detroit 500” by DBusiness Magazine

Mackinac Partners’ Founder and Managing Director James Weissenborn was recognized in the “Detroit 500” list of the most powerful executives in more than 30 industries across metro Detroit and Michigan by DBusiness magazine in its September 2018 issue. Ranked one of the top three regional business magazines in the country from 2011 to 2016 by […]

Mackinac Partners’ Senior Managing Director and Macaroni Grill CEO Nishant Machado discusses the company’s post-restructuring strategy on CNBC’s Closing Bell

Mackinac Partners’ Senior Managing Director and Macaroni Grill CEO Nishant Machado spoke with CNBC’s Closing Bell hosts Sara Eison and Michael Santoli today on Macaroni Grills’ post-restructuring strategy, including the development of a successful platform for acquisitions and future growth, and the impact of import tariff’s on food costs in the restaurant industry.   https://www.cnbc.com/video/2018/08/23/macaroni-grill-ceo-tariff-impact-bankruptcy-nishant-machado.html

Mackinac Partners Managing Director Bob Krawczyk to Speak at ACFE Global Fraud Conference

Bloomfield Hills MI – June 11, 2018 Mackinac Partners Managing Director and Corporate Fraud and Forensic Practice Leader, Bob Krawczyk is scheduled to speak at the 29th Annual Association of Certified Fraud Examiners Global Fraud Conference in Las Vegas next week. Bob will discuss fraud within troubled companies by examining how these companies can become […]

Mackinac Partners Senior Managing Director Nishant Machado eyes acquisitions as Macaroni Grill CEO

Macaroni Grill CEO eyes acquisitions Nishant Machado says bankruptcy strengthened brand Restaurant News, by Ron Ruggless | Jun 07, 2018 Just a few months after emerging from bankruptcy, Romano’s Macaroni Grill is ready to make another run at acquiring an additional brand, after being turned down in a bid last month for Bravo Brio, the […]

Mackinac Partners Senior Managing Director Melissa S. Kibler Elected as Treasurer of the American College of Bankruptcy

Bloomfield Hills, MI – March 27, 2018 – Mackinac Partners Senior Managing Director and Chicago office leader Melissa S. Kibler was elected as Treasurer of the American College of Bankruptcy (the “College”) following voting at its annual meeting held in Washington, DC on March 17, 2018.  The College is an honorary public service association of […]

Macaroni Grill emerges from Chapter 11, Mackinac Partners’ Nishant Machado says franchise has re-established itself as one of the “Premier Italian dining options”

Denver – (BUSINESS WIRE) – February 22, 2018 Romano’s Macaroni Grill, the award winning Italian casual dining chain, today announced its emergence from Chapter 11 bankruptcy. Romano’s Macaroni Grill has been a pioneer in the space and has successfully leveraged the court administered restructuring process to shed legacy liabilities and significantly strengthen the Company, amid […]

Debtwire: Interest rate rise likely to increase restructurings, Mackinac Partners’ Keith Maib weighs in

Interest rate reckoning likely to bring large-scale restructurings 08 February 2018 | 13:53 CST – Debtwire (reprinted with permission) by Kyle Younker www.debtwire.com The long-anticipated rise in interest rates will make 2018 the year corporate borrowers that have avoided restructuring due to years of easy-money monetary policies finally succumb to their overleveraged balance sheets, according […]