Carl Marks Advisors

Investment Bank Sees Growing Trend in Outsourced Essential Services to Utilities NEW YORK, February 4, 2019 – Carl Marks Securities LLC, a mid-market investment bank focused on family and entrepreneurial businesses, announced today that it served as the financial advisor to PowerTown Line Construction, LLC in its sale to Entregado Group Inc., a portfolio company of AEA Investors. PowerTown is a growing, profitable entrepreneur driven company providing best-in-class outsourced services to the leading power and utility companies throughout the Southeast and along the Eastern Seaboard. Founded by CEO Steven Townsend in 2005, PowerTown…READ MORE >

Post-M&A costs to integrate technology can put companies behind Reimbursement, cash flow hampered by need to upgrade tech NEW YORK, November 12, 2018 – Healthcare service providers are confronting significant challenges with reimbursement and payments, staffing shortages, and the cost and complexity of technology implementation as the industry heads into 2019, according to a new survey by investment bank Carl Marks Advisors. Reimbursements and payments were cited by 72 percent of respondents to the Carl Marks Advisors survey as the biggest challenge for middle market healthcare service company management teams. More than 61…READ MORE >

Carl Marks Advisors, a leading corporate restructuring and investment banking firm, is pleased to announce that Scott Webb, Senior Managing Director, and Jonathan Killion, Managing Director, have both won the M&A Advisor Emerging Leaders Award. Mr. Killion has also been recognized by the Commercial Finance Association (CFA) as a recipient of its annual 40 Under 40 Award. Mr. Webb brings more than 12 years of investment banking and financial restructuring experience, and has successfully closed more than 50 transactions across a wide range of industries including energy, healthcare, manufacturing and consumer products. He…READ MORE >

Provides Restaurant Quality Meals At The Touch of a Button NEW YORK and RISHPON, ISRAEL, April 10, 2018 –  Genie Enterprise Ltd, a food technology company that develops and markets smart ovens that cook healthy, tasty and affordable meals in 2-3 minutes, today announced the successful closing of its Series A round of financing, which was oversubscribed at $10 million. Carl Marks Securities LLC acted as the exclusive financial advisor on the transaction and the firm and its principals are also investors in the business. The capital raised will build Genie’s organization in…READ MORE >

Mezzanine and BDC Lenders Face Most Portfolio Challenges Less Restrictive Loan Documents Cited as Significant Risk NEW YORK, January 9, 2018 – A survey of trends in U.S. middle market lending today revealed substantial and growing concern about the higher amounts of debt leverage carried by middle market companies heading into 2018, and found that less restrictive loan documents are a significant source of worry for traditional and alternative lenders and their professional advisors.  Conducted by Carl Marks Advisors, a leading corporate restructuring and investment banking firm, the survey also concluded that alternative…READ MORE >