Paul Mann is a Managing Director with Teneo’s Financial Advisory business, based in New York.
Paul focuses on advising clients on turnaround and restructuring matters including business plan reviews, strategic options assessments, cash flow forecasting, liquidity management Chapter 11 bankruptcy filings, distressed mergers and acquisitions and business wind downs. He has experience working across many industry sectors, with particular experience within the pharmaceutical, automotive, aerospace, industrial products, financial services, agricultural, retail and travel and leisure sectors.
Prior to Teneo, Paul worked at EY-Parthenon in the Turnaround & Restructuring practice, including time in their New York, San Francisco, Dublin and London offices.
Select Project Experience:
- Acorda Therapeutics – Financial advisor to listed U.S. pharmaceutical company with Chapter 11 filing, including advising on bankruptcy filing strategy, preparation and first day relief sought, recovery and wind down analysis and successful asset sale and plan of reorganization.
- RVL Pharmaceuticals – Financial advisor to listed U.S. pharmaceutical company through successful prepackaged Chapter 11 filing.
- Project Frankfort – Financial turnaround of tier-2 automotive part supplier, including advising on liquidity management, business plan development, debt refinancing, negotiating funding advances and pricing increases from customer group (including 5 OEMs), incremental financing from asset-based lender and receivable factoring.
- Kidde Fenwal – Advised Carrier during Chapter 11 bankruptcy of subsidiary KFI as part of global settlement of litigation claims, including pre-filing strategy development and analysis of case funding requirements and structuring.
- Project Grizzly – Financial advisor to U.S. board and Japanese parent company on available strategic options for underperforming industrial products business, subsequently advising on the marketing and sale to Hyosung Heavy Industries and wind down of residual operations and assets.
- Easterday Farms – Financial advisor to Farmland Reserve as stalking horse bidder and successful bidder in §363 sale of c.$209m of farmland assets from bankruptcy.
- Project Sonic – Independent business review of start-up aerospace technology company to assess business plan and bridge financing requirements.
- Global travel operator – Advised with assessment of cash flow forecasting processes, resulting in enhanced liquidity visibility and cost savings from process streamlining.
- Project Jasmine – Financial advisor to global industrial conglomerate, advising on strategic options for underperforming business operation / facility in Indonesia and subsequent stakeholder negotiations.
- Sungevity – Financial advisor to Northern Pacific Group as successful bidder of Sungevity assets from bankruptcy, including cash flow forecast development, executory contract assessment and first 100-day planning.