Category Archives: Uncategorized

Retailers need to be proactive in Reorganizations, Senior Managing Director Melissa Kibler tells Vox Media in article: “Why businesses that declare bankruptcy don’t always die”

In the ever growing wave of multi-channel-commerce, traditional brick and mortar retailers need to know their right to exist. And if a reorganization is required to re-position the business, they need to be proactive in shedding under-performing stores, unfavorable leases, and poor product lines and assortments. If they wait until they are on the doorstep […]

Forbes: How Macaroni Grill Invested In Its Employees To Revitalize Its Brand – Q&A with Mackinac Partners Senior Managing Director Nishant Machado

Forbes, Lizzy Saxe – Contributor Fast food restaurants have a 150% turnover rate right now. Casual dining chains don’t have it much better, and everyone in the restaurant industry is buzzing about how fast things are changing, how to keep struggling businesses afloat, and how to keep hourly employees from leaving in an economy where unhappy […]

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 […]