Patrick Stewart, CTP, Managing Director
Patrick Stewart, CTP has led numerous companies through both in and out-of-court restructurings, has advised lenders and bank groups in troubled loan situations and served as financial advisor to unsecured creditor committees
Patrick’s advisory and operational experience with troubled enterprises span businesses including airlines, entertainment and behavioral healthcare to consumer products, textile manufacturing, food product distribution and retailing. He has acted as an investment banker in both buy and sale side transactions in healthcare, precision manufacturing and fiber networks, and advised on private equity recapitalizations. Nationwide, he has held leadership roles, including Chief Restructuring Officer, Chief Operating Officer and Chief Financial Officer.
Prior to joining MACCO, Patrick was a principal of his own regional turnaround firm in Philadelphia. He began his career at KPMG and later joined PriceWaterhouseCooper’s restructuring practice and worked in Navigant Capital Advisors’ investment banking practice. Patrick received his Bachelor’s degree from Tulane University. He holds the Certified Turnaround Professional (CTP) certification from the Turnaround Management Association and holds FINRA’s Series 7, 63 and 79 securities licenses.
Notable Assignments
Serving as CRO in a chapter 11 reorganization of an energy consulting business, led the development of the plan that provided for 100% payoff, plus interest on all secured and unsecured debt in less than 18 months.
As CFO, oversaw and supervised a successful operational overhaul of a wholesale distributor creating a five-year CAGR of more than 20% on shareholder equity.
Acting as CFO, improved reporting of profitability-by- customer at a high-performing lead generation firm with dynamic growth exceeding 800% in 4 years. Worked closely with owner on preparing RFPs and multi-year sales proposals that substantially increased revenue & profitability.
Supervised and completed the liquidation of a large retail chicken egg manufacturer, including the wind-down of operations, appropriate elimination of flocks and sale of assets that provided the secured lender with an almost complete pay-off.