Mark T. Iammartino

Professional Profile

Mark T. Iammartino is a Senior Managing Director in the Chicago office with over 25 years of experience in corporate turnaround management, restructuring services, credit analysis, and due diligence. His role encompasses both fiduciary and non-fiduciary positions, including facilitating creditor negotiations, implementing cost reduction initiatives, exploring strategic options, executing corporate sale or refinancing transactions, and advising capital providers.

Mr. Iammartino’s expertise spans a wide range of industries, including manufacturing, financial services, healthcare, agribusiness, gaming, and consumer and business services. He has worked on domestic and international engagements, focusing on improving cash management and helping clients navigate distressed situations.

Prior to joining DSI, Mr. Iammartino was with another middle-market restructuring consultancy and spent over a dozen years with Ernst & Young and Arthur Andersen.

Mr. Iammartino is a Certified Public Accountant and a Certified Insolvency and Restructuring Advisor.

Select Engagements

• Chapter 11 Trustee for Najeeb Ahmed Khan, an individual that perpetrated a check fraud scheme that caused over $150 million in losses to creditors and customers; successfully generated recoveries from asset sales and litigation settlements to repay customer victims in full
• Interim workout specialist responsible for monetizing a $750 million private credit fund subject to a SEC receivership in Federal Court. Worked out loans include:
• $200 million loan to a residential fix-and-flip property developer with 64 luxury homes
• $200 million loan to a FinTech company offering consumers unsecured point-of-sale and debt consolidation loans
• Additional loans in the movie financing, consumer finance, patent ligation, and specialty finance industries
• Financial advisor to a SEC receiver in Florida overseeing monetization of a $515 million credit fund including acting as equity representative in oversight and sale of equity positions in companies in industrial services, specialty real estate development, contracting and other both in the US and internationally
• Financial advisor to Highland Capital Management LP, a hedge fund bankruptcy in Texas, and responsible for monetization of a large real estate portfolio for approximately $200 million in gross proceeds
• CRO to Short Bark Industries, Inc., a garment manufacturer in Puerto Rico that was sold in a 363 bankruptcy sale transaction amidst the impact of Hurricane Maria
• Receiver in state court for a network of supportive services homes throughout Eastern Iowa and successfully sold the properties without disruption to the residents
• Interim CEO of a residential security alarm monitoring company, with responsibility over all facets of company operations including oversight of sale transactions and implementation of a complete operations outsourcing initiative
• Financial advisor to the lender for a $375 million franchisor and operator of a 400-unit casual dining restaurant system
• Financial advisor to a $105 million, 20+ doctor independent oncology practice on strategic planning, cash and business forecasting, and transaction advisory initiatives
• Advised a $900 million poultry processor on the design and implementation of lender reporting practices and development of financial statement forecasting tools
• Provided lender support and advice regarding a $100 million global training and staffing company seeking to complete a refinancing
• Advised a $50 million business services company in a partial divestiture and restructuring, liquidity management and strategic planning initiatives.
• Financial advisor to the unsecured creditors’ committees for several companies including Accuride, a $700 million truck-parts manufacturer; Arclin a $500 million building materials supplier; FormTech Industries, a $40 million auto-parts manufacturer, and Fansteel, a $80 million aerospace parts manufacturer.