Portage Point Expands Transformation Capabilities with Hiring of Mark Berger

Experienced restructuring leader joins growing team as a Senior Director

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Feb 13, 2019, 05:38 ET

CHICAGO, Feb. 13, 2019 /PRNewswire/ -- Portage Point Partners, LLC (Portage Point), an interim management and business advisory firm that partners with stakeholders during periods of transition, underperformance and distress, announced today that Mark Berger has joined the company as a Senior Director.

Mr. Berger brings almost 15 years of experience advising stakeholders during periods of underperformance and transition to Portage Point's growing team. His appointment closely follows that of Tom Allison, an industry veteran and Turnaround Management Association Hall of Fame inductee, who joined the firm in August as a Senior Advisor.

Mr. Berger joins Portage Point after advising debtors and creditors as a Senior Director in the Turnaround & Restructuring practice at Ankura Consulting. Prior to that, he represented underperforming companies in both financial advisor and interim management roles as a Director in Alvarez & Marsal's North American Commercial Restructuring practice. He also worked in Huron Consulting Group's Turnaround & Restructuring practice and began his career in the financial management acceleration program at Dresser-Rand, a $2 billion manufacturing and service business supporting the oil & gas industry.

"Mark brings broad experience across the operational improvement and financial restructuring spectrum that adds that notable depth to our service delivery platform," said Matthew Ray, Founder and Managing Partner of Portage Point. "His addition furthers our commitment to providing our clients the most selective talent required to consistently impact outcomes."

"I am excited to join Matt and the Portage Point team," Mr. Berger said. "Portage Point has consistently demonstrated that its deep operational expertise and differentiated perspective delivers significantly improved outcomes for clients. The quality of the team at Portage Point is exceptional and I respect the company's focus on delivering value for clients."

About Portage Point Partners
Portage Point is a business advisory and interim management firm that partners with stakeholders during periods of transition, underperformance and distress. Our proven team of operators, investors, lenders, advisors and board members has the unique ability to identify, preserve and create value in challenging and complex situations. Portage Point has a successful track record in both operational turnarounds and financial restructurings that is built upon differentiated strategic insight, disciplined operational execution and deep financial expertise.

Since its founding in 2016, industry-leading organizations have honored Portage Point Partners with several transaction and individual awards. For more information, please visit www.portagepointpartners.com.

SOURCE Portage Point Partners