Global consulting firm J.S. Held announced its acquisition of MorrisAnderson, a leading expert in financial restructuring and operational consulting. This deal expands J.S. Held’s capabilities in turnaround, restructuring, bankruptcy, transaction, and dispute advisory services, enabling businesses to address complex challenges and achieve sustainable growth.
MorrisAnderson has been acclaimed for its work in:
1.) Turnaround and Restructuring, including serving as Chief Restructuring Officer (CRO) in the Chapter 11 reorganization of US Realm and acting as out-of-court CRO for a $275M logistics firm.
2.) Refinancing, with roles as Financial Advisor for debtor refinancing for a $700 million protein processor, a $250 million construction products distributor, and a $200 million sporting goods manufacturer, among others in franchised restaurants, manufacturing, distribution, healthcare, and service sectors.
3.) Fiduciary Services, including work as Liquidating Trustee in multiple cases.
As part of the deal, MorrisAnderson clients now have access to over 1,500 specialists worldwide in fields such as business and intellectual property strategy and valuation; compliance and regulatory consulting; forensic accounting; environmental consulting; M&A regulatory response; dispute advisory; ESG and sustainability; cybersecurity; and independent director and interim management services, among others.
KEY QUOTES:
“Of the many benefits of the transaction are the geographic reach and broad industry expertise of J.S. Held. The expansive global office footprint will allow us to provide additional local support and a wider array of services to our clients.”
Daniel F. Dooley, MorrisAnderson CEO
“The entire Phoenix Team along with the team from Stapleton Group look forward to actively collaborating with our colleagues at MorrisAnderson and further applying our shared expertise to an increasingly diverse set of clients, law firms, private equity firms, and lenders.”
J.S. Held Senior Managing Director Michael Jacoby
“The expertise at J.S. Held will be important to support our strong deal flow, enhancing our ability to scale leveraging J.S. Held experts is incredibly valuable to us and our clients.”
MorrisAnderson Principal Mark J. Welch
“Among many qualities that were attractive to us in this acquisition is the unique combination of entrepreneurial and visionary leaders with an unwavering focus on operations that helps clients maximize enterprise value.”
Lee Spirer, Chief Executive Officer of J.S. Held
