Mackinac Partners

News & Insights

Corporate Development and Legal Executive Howard S. Lanznar Joins Mackinac Partners as Senior Advisor

June 27, 2017

Bloomfield Hills, MI – June 27, 2017 – Mackinac Partners, a leading financial advisory, turnaround management and restructuring firm, today announced the addition of highly accomplished corporate growth, restructuring and legal executive Howard S. Lanznar as Senior Advisor. Howard S. Lanznar, who has served as a C-level corporate executive and senior legal counselor across firms […]

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Mackinac Partners Promotes Business Intelligence Executive Kevin M. Cronin to Senior Managing Director

Bloomfield Hills, MI – June 27, 2017 – Mackinac Partners, a leading financial advisory, turnaround management and restructuring firm, announced the promotion of business intelligence and security expert Kevin M. Cronin to Senior Managing Director. Cronin, a highly credentialed investigative and intelligence professional, has over 24 years of experience across public and private sectors, including […]

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Mackinac Partners Receives Two Turnaround and Restructuring Deal of the Year Awards from The Global M&A Network; Senior Managing Director Nishant Machado Recognized as “Turnaround Consultant of the Year – Middle Markets”

June 6, 2017

Bloomfield Hills, MI – Mackinac Partners, a leading financial advisory, turnaround and restructuring firm, has been recognized with two Deal of the Year Atlas Awards from the Global M&A Network, including Chapter 11 Restructuring of the Year ($500M to $1B) for its role as interim C-level management and lead restructuring advisor to Logan’s Roadhouse® Inc., […]

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Mackinac Partners Welcomes Senior Turnaround and Restructuring Executive John Bittner

May 1, 2017

Bloomfield Hills, MI – May 1, 2017 – Mackinac Partners, a leading financial advisory, turnaround management and restructuring firm, is pleased to announce the addition of highly accomplished financial and restructuring advisor John Bittner to the firm. Bittner, based in Dallas, joins the firm as Senior Managing Director and will lead Mackinac Partners’ Southwest Restructuring […]

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Mackinac Partners Receives Two Deal of the Year Awards from The M&A Advisor for the Restructuring of Colt Defense and the Restructuring and §363 Sale of Quantum Technologies

March 15, 2017

Bloomfield Hills, MI – March 15, 2017 – Mackinac Partners, a leading financial advisory and turnaround management firm has been awarded two 2016 Deal of the Year Awards from the M&A Advisor for recent corporate restructuring and turnaround management successes. Mackinac Partners was awarded the 2016 Distressed M&A Deal of the Year ($250MM to $500MM) […]

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Bloomberg: Distressed Debt, Market Conditions Provide Growth Opportunity for Turnaround Specialsts Mackinac Partners

February 27, 2017

Looming Distress Is a Growth Opportunity for Mackinac by Eliza Ronalds-Hannon, February 27, 2017, Bloomberg.com Experts see debt troubles as Fed hikes, borrowing costs rise Turnaround specialist has opened offices in Boston, Chicago With the Federal Reserve signaling that it’s prepared to increase interest rates, investors are anticipating a new wave of distressed debt triggered by higher […]

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Mackinac Partners Expands Midwest Practice with Chicago Office

February 13, 2017

Bloomfield Hills, MI – Mackinac Partners, a leading financial advisory, turnaround management and restructuring firm has expanded its national practice with a new office in Chicago, Illinois. The firm also recently announced the addition of highly accomplished restructuring executive Melissa S. Kibler as Senior Managing Director based out of Chicago, joining Managing Director Matthew Beresh. […]

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Logan’s Roadhouse Emerges from Chapter 11 Stronger, Mackinac Partners Helps Lead Restructuring

December 1, 2016

NASHVILLE, Tenn.–(BUSINESS WIRE)–Logan’s Roadhouse, Inc., a leading casual dining steakhouse chain, today announced its emergence from chapter 11 under its Plan of Reorganization. As part of the confirmed plan, overwhelmingly supported by Logan’s creditors and owners and termed “excellent” by the presiding judge, the company has: Restructured its balance to reduce its debt from approximately […]

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Mackinac Partners Expands East Coast Practice with Boston Office

November 30, 2016

Bloomfield Hills, MI – Mackinac Partners, a leading financial advisory, turnaround management and restructuring firm has expanded its national practice with a new office in Boston, Massachusetts. The firm also announced the addition of highly accomplished turnaround and restructuring executives Michael Nowlan as Senior Managing Director, and Matthew Pascucci and Craig Boucher as Managing Directors […]

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Insights: Essential Steps to Address Declining Sales in a Turnaround – Restaurant and Retail Brands

November 29, 2016

Essential Steps to Address Declining Sales in a Turnaround The consumer landscape is constantly evolving and competition within the retail and restaurant space continues to intensify as legacy brands fight for market share. Margins continue to shrink as pricing tightens and costs escalate, often further exasperated as companies chase sales through discounting and aggressive pricing […]

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