NEW YORK & HOUSTON – August 24, 2017 – Carl Marks Advisors, a leading corporate restructuring and investment banking firm serving middle market companies, today announced the promotion of Brian Williams to Partner.

With a primary focus in the energy industry, Mr. Williams has 20 years of strategic advisory, operating and investment banking experience, including executive management, mergers and acquisitions, private capital raises, restructuring and principal investing.

“Brian has brought critical insight, significant transaction experience and senior level expertise to each of our engagements in the energy sector,” said Duff Meyercord, a Managing Partner at Carl Marks Advisors. “By developing innovative solutions that help solve complex challenges, he has made a meaningful impact for our clients. We appreciate Brian’s unique strengths and contributions and look forward to his continued success at Carl Marks Advisors.”

Prior to joining Carl Marks Advisors, Williams served as Chief Financial Officer, Co-Founder and Director of Cretic Energy Services, a provider of completion services to oil and gas producers, where he led the company from business plan development and fund raising through its growth and execution phases.  Before that, Mr. Williams led the oilfield services investment banking practices at Macquarie Capital and Tristone Capital.

Mr. Williams earned a B.S. in Industrial Engineering from Rensselaer Polytechnic Institute and an MBA from Harvard Business School.

About Carl Marks Advisors

Carl Marks Advisory Group LLC (Carl Marks Advisors), a New York-based corporate restructuring and investment banking firm serving middle-market companies, provides an array of investment banking and operational services, including mergers and acquisitions advice, sourcing of capital, financial restructuring plans, strategic business assessments, improvement plans and interim management.

The award-winning firm received the 2017 Turnaround Atlas Award for Corporate Turnaround of the Year, Special Situation M&A Deal of the Year and Energy Restructuring of the Year; 2017 M&A Advisor Turnaround Award for SEC. 363 Sale of the Year; 2016 Turnaround Atlas Awards’ Middle Market Restructuring Investment Banker of the Year, Middle Market Out-of-Court Restructuring of the Year and Middle Market Cross Border M&A Deal of the Year; Global M&A Network 2017, 2016 & 2014 annual listing of the Top 100 Restructuring and Turnaround Professionals; 2015 ACG New York Champion’s Award for Deal of the Year in Manufacturing; and was included in Turnarounds & Workouts 2015 Outstanding Turnaround Firms and 2014 Outstanding Investment Banking Firms.

Securities are offered through Carl Marks Securities LLC, member FINRA and SIPC. Additional information about Carl Marks Advisory Group LLC and Carl Marks Securities LLC is available at www.carlmarksadvisors.com.

Carl Marks Advisors is the corporate restructuring and investment banking arm of Carl Marks & Co., one of Wall Street’s most experienced merchant banking firms, which is widely regarded for its family-based culture, trustworthiness and high ethical standards. Founded in 1925, Carl Marks & Co. has evolved into a diversified platform of investment and advisory businesses.

About Carl Marks & Co.
Carl Marks & Co. is one of the investment community’s most experienced merchant banks. The family-owned and -operated firm serves as a platform for a range of investment and advisory business. Its areas of operations include advisory services, distressed investments, private equity, real estate and new businesses. Carl Marks Advisors has been its advisory group since 1991.