Carl Marks Advisors Expands Restructuring Advisory Team with the Addition of Steven F. Agran

NEW YORK, March 13, 2017 – Carl Marks Advisors, a leading restructuring advisory and investment banking firm to middle market companies, today announced that Steven F. Agran has joined the firm as Managing Director, working on restructuring deals and relationship management and marketing in the northeast.

Steven brings more than 20 years of experience providing turnaround and interim management services to financially distressed companies. He has worked across a wide range of industries including trucking & transportation, distribution, food production & services, consumer products, manufacturing, businesses services, retail and healthcare sectors.

Prior to joining Carl Marks Advisors, Mr. Agran was a Principal for MorrisAnderson, LLC where he oversaw firm operations including strategy, marketing, and staffing, and was responsible for the East Coast practice group. He joined the firm in 2008.  Earlier in his career, Steven held various senior workout consulting positions with firms, focusing on turnarounds & interim management.  “Steven brings a strong restructuring advisory background across multiple sectors, which aligns perfectly with our team,” said Duff Meyercord, Managing Partner at Carl Marks Advisors. “We enthusiastically welcome him to the firm, and look forward to Steven’s support with assisting current and prospective clients addressing their most complex business challenges,” added Meyercord.

Steven holds a Bachelor’s in Business Administration with a concentration in Finance and Accounting from the University of Michigan and a Master of Business Administration with a concentration in Corporate Structure and Strategy from Fuqua School of Business at Duke University.

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.