Senior Managing Director
Nishant has extensive business, finance and restructuring experience including positions as interim COO, Lead Restructuring Advisor and senior financial officer for turnaround clients and public and private corporations. A Certified Insolvency and Restructuring Advisor, Nishant’s finance and restructuring experience covers various industry sectors including financial services, manufacturing, leisure and hospitality, food and beverage, consumer products, real estate, homebuilding, manufactured housing and transportation.
Nishant has considerable experience in buy-side and sell-side transactions and has successfully represented companies in and out of bankruptcy in addition to managing complex M&A transactions. His understanding of bankruptcy proceedings, debtor/creditor objectives, and business operations has allowed him to manage all aspects of a transaction, from overseeing daily operations to working with investment bankers and bankruptcy counsel. Nishant has also advised companies in post-acquisition and post-bankruptcy stages, developing exit strategies, development plans, and post-acquisition integration plans.
Nishant has considerable manufacturing and products-based restructuring experience including leading a team in the successful sale of a leading national supplier of component-parts for recreational vehicles to an $850M manufacturing and RV components supplier. He was responsible for financial valuations, developing the offering memorandum, marketing the company, structuring the transaction and negotiating with the buyer.
Nishant also served as a financial restructuring advisor to specialty financer New Stream Capital in the buy-side due-diligence leading to the acquisition of H.L. Lyons Group, a specialty metal fabricator that produces steel refrigerator doors and checkstands for the retail grocery industry. Nishant also served as a senior financial analyst for one of the largest roof truss companies in the US, developing detailed profitability analysis, financial assessments, valuations, and product and labor modeling for the company’s in advance of their sale to Universal Forest Products.Nishant served as CRO in the successful restructuring and strategic §363 Sale of Quantum Technologies (now Quantum Fuel Systems Technologies Worldwide Inc.) to Douglas Acquisitions LLC. Nishant also provided sell-side restructuring advisory, valuation and profitability analysis to BIC Graphic USA, in the sale of a subsidiary stationery products manufacturer, to Prairie Capital, LP.
Nishant also has considerable restructuring and financial advisory experience in the leisure and hospitality sector. Nishant recently served as interim COO for a privately-owned developer and operator of luxury vacation ownership properties in the US and Mexico, leading a team that stabilized the company’s operations, prepared the company for a Chapter 11 bankruptcy proceeding, and sold substantially all the debtor’s assets. Nishant played an integral role in the divestiture of these assets, including valuation and marketing, interacting with prospective buyers, and finalizing the eventual sale of assets to one of the largest international resort and vacation ownership companies in the world.
Nishant has served in key roles on numerous real estate and homebuilding related transactions for both clients and Private Equity partners. In these roles, Nishant has led the modeling, valuation, and portfolio performance improvement of real estate assets in transactions that include IndyMac Bank, BTJ, and M-Tec’s sale to Lipper Components. Nishant has also served as an asset manager for various lenders and properties in receivership where he has been responsible for managing daily operations, stabilizing and restoring asset value, improving portfolio profitability and developing disposition strategies.
Prior to Mackinac Partners, Nishant served as a Financial Analyst for a leading supplier to the manufactured housing industry. Nishant was instrumental in financial analysis and valuations, developing a comprehensive financial reporting portfolio, and managing a team in upgrading the company’s systems. Nishant also served as the corporate liaison to the company’s outlying plants, and developed various tools to enhance operational efficiency including implementing a plant-level bonus program which improved production efficiency and employee safety.
Nishant is a cum laude graduate from Purdue University. He is a member of The Association of Insolvency and Restructuring Advisors and is a Certified Insolvency and Restructuring Advisor (CIRA). Nishant is also a member of the Global One Chapter of Young Presidents Organization (YPO).View Other Professionals