‹ back to Managing Directors Winston Mar

Winston Mar provides advisory and interim management services to struggling and distressed companies. He is skilled in strategic direction, creditor negotiation and productivity improvements, and he is experienced in a wide variety of industries, including:

Mr. Mar has assisted numerous companies with their restructuring efforts, both out-of-court and during Chapter 11 proceedings. A few noteworthy engagements include:

• Appointed as a receiver of a winery, that had been closed by the prior operator, where he restarted the company and was able to generate positive cash flow and negotiate a sale of the company as an operating unit
• Chief restructuring officer (CRO) of a 26-store franchisor owned restaurant chain which resulted in the sale to various franchisees providing the franchisor with a continuing revenue stream
• CRO of a biomass power plant, where he stabilized the working capital requirements by working with vendors and utilities to generate positive operating income, after which CRG ran a sale process to sell the company to a financial buyer
• Provided an assessment and ran a sale process on a $225 million, 82-store restaurant chain which resulted in the sale of the company to a private equity fund
• Negotiated an out-of-court restructuring of secured and unsecured creditor debt for a 31 store restaurant franchisee that resulted in reduced debt and the release of personal guarantees
• Project leader of an $8.5 billion publicly traded poultry company assisting the company through the bankruptcy process where he oversaw all reporting to the court and other advisors in the case and was instrumental in the design of the plan of reorganization and exit financing
• Chief executive officer (CEO) of a sun-dried tomato processor and distributor, where he arranged the restructuring, stabilized the restructured entity and subsequently sold the company to a strategic buyer
• Interim CEO of a yellow pages company during its Chapter 11 proceedings, where he generated significant net cash flows that resulted in a full recovery for creditors
• Negotiated the out-of-court restructuring of a publicly traded computer products and services provider, which increased working capital by several million dollars, generated a positive net income and enabled operational restructuring
• Provided interim chief financial officer (CFO) services for an electronic products company during its Chapter 11 proceedings, which resulted in a successful asset sale
• Facilitated the sale of a $100 million entertainment distribution company and managed its creditor relations, which allowed the company to continue operations as a new entity

Mr. Mar holds a bachelor’s degree in accounting from the University of Southern California and an MBA from UCLA Anderson School of Management. Additionally, Mr. Mar is a CPA, who is licensed in California.