NEW YORK – April 12, 2017 – Carl Marks Advisors, a leading corporate restructuring and investment banking firm to middle market companies, today announced the promotion of Scott Webb to Senior Managing Director and David Endo to Director on the investment banking team. Scott Webb, who has held positions of increasing responsibility since joining Carl Marks Advisors in 2007, will be co-head of the investment banking restructuring vertical alongside Partner Evan Tomaskovic. He specializes in advising companies, secured lenders and other creditor groups in complex financial restructurings, distressed mergers and acquisitions, and other special situations that…READ MORE >

CAREER SPOTLIGHT: Insights from Doug Booth

We recently had the pleasure of interrupting the newly-retired Doug Booth to capture his insights on what makes Carl Marks Advisors unique and what he enjoyed most about his work as a Partner while at the firm.   Q: Restructuring is not always an obvious career path. How did your background play into your career? A: Restructuring certainly was not a core curriculum in any business program when I attended university. However, studying philosophy and mathematics taught me two different approaches to problem-solving – one narrative, and one numerical. Both were translatable skills…READ MORE >


As Q1 2017 comes to a close, it remains to be seen what impact the new administration (and related changes to regulations and other potential initiatives) will have on the business community, including the many smaller and family-owned businesses that make up the fabric of the US business landscape. Is this a time to revisit strategic decisions around scaling businesses, including investing in new technology? And how might new regulations impact the industries they operate in? Carl Marks Advisors has decades of experience advising private, mid-sized and family-owned businesses on solutions for future growth…READ MORE >

Are oilfield service companies growing fast enough to justify valuations?

Industry Snapshot With Brian Williams, Managing Director – Carl  Marks Advisors  Q:  How do you explain the large valuation gap between public and private oilfield services companies? A: As the price of oil increased and stabilized in the $50 to $55 per barrel range, public equity investors were keen to find ways to get exposure to increasing oilfield activity that was likely to ensue.  Several public IPOs and private 144a equity offerings were consummated in late 2016 and early 2017 to take advantage of growing investor appetite and valuation multiples in the 7x…READ MORE >