Carl Marks Advisors Bolsters Investment Banking with Promotion of Scott Webb and David Endo

NEW YORK, April 12, 2017 – Carl Marks Advisors, a leading corporate restructuring and investment banking firm to middle market companies, today announced the promotion of Scott Webb to Senior Managing Director and David Endo to Director on the investment banking team.

Scott Webb, who has held positions of increasing responsibility since joining Carl Marks Advisors in 2007, will be co-head of the investment banking restructuring vertical alongside Partner Evan Tomaskovic. He specializes in advising companies, secured lenders and other creditor groups in complex financial restructurings, distressed mergers and acquisitions, and other special situations that require innovative solutions for conflict resolution both in and out of court. Webb has experience working across a wide range of industries on numerous deals, including Triad Isotopes, Norte III and Abengoa’s US assets. He holds Series 7, 63, and 79 securities registrations and is a member of the American Bankruptcy Institute.

David Endo has more than 8 years of investment banking and financial restructuring experience providing execution services for various financial advisory assignments, including mergers and acquisitions, debt and equity capital raises, and financial restructurings for companies and secured and unsecured creditors across the capital structure. Since joining Carl Marks in 2011, he has advised numerous clients both in and out of court across a variety of industries including energy, healthcare, manufacturing, building materials, and consumer products. Endo is registered with FINRA as a General Securities Representative and holds Series 7, 63, and 79 security registrations and is a member of the Turnaround Management Association.

“We congratulate our colleagues on their promotions,” said Evan Tomaskovic, a Partner at Carl Marks Advisors and manager of the firm’s investment banking group. “We greatly value the contributions Scott and David have made to the firm and our clients over the past years, and thank them for their steadfast support. I look forward to working closely with Scott to continue to move the firm’s investment banking group forward.”

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 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 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; 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.