SUCCESSFUL CAPITAL RAISE FOR A FOOD TECH STARTUP

Warren Feder, Partner, discusses how Carl Marks Advisors recently helped Genie, an early stage food tech company, raise $10 million in equity growth capital. Carl Marks Securities has just successfully raised over $10 million of equity growth capital for an early stage Israeli food tech company, Genie Enterprises.  Isn’t this unusual for you and for Carl Marks Advisors? It certainly is. While we are a FINRA registered broker-dealer and frequently raise debt and equity capital, we generally do this for more established businesses with a history of revenue and profits. So why the…READ MORE >

CAREER SPOTLIGHT: MARC PFEFFERLE, PARTNER

Marc Pfefferle, Partner, shares how he began his career at Carl Marks Advisors nearly 25 years ago. Did you ever envision this career trajectory when you were studying Engineering at Lehigh University? How did you find your way to restructuring? In college, I could not have imagined having a career at Carl Marks Advisors. I worked for a strategic consulting firm on a distressed private equity deal in which Carl Marks was an investor. I had a lot of fun on that deal, so when they started the consulting group, I joined in…READ MORE >

Online Delivery: The Latest Battleground in Competitive Grocery

  Author: Keith Daniels, Partner Carl Marks Advisors The last few years have been difficult for the brick and mortar retail business, including groceries. Deflation and competition by new international competitors and nontraditional grocery retailers have been driving down margins, causing further reduction in capital available for investment to meet changing consumer preferences for such things as prepared foods and technology-based delivery. It is hard to discuss what is going on with grocery today, as with almost any type of consumer product-oriented business, without Amazon becoming a topic of discussion. While online grocery…READ MORE >

INDUSTRY SNAPSHOT: INNOVATION UNDERWAY IN HEALTHCARE SERVICES

Mark Claster, Partner of Carl Marks Advisors, shares some of his thoughts on how healthcare services will continue to change, and areas that will see change.  Mr. Claster is the chairman of the Board of Trustees of Northwell Health (previously known as the North Shore-LIJ Health System). He also serves on the executive committee of Lenox Hill Hospital and Staten Island University Hospital, among other responsibilities. Q: Has anything surprised you about the rise in nontraditional healthcare service providers – and the shift toward providing more specialized care outside the hospital? Years ago,…READ MORE >

CAREER SPOTLIGHT: DAVID ENDO, DIRECTOR

David Endo, Director, shares how his experiences at Carl Marks Advisors have expanded his skills, why he enjoys working in a variety of sectors and what he’s looking forward to this year. How has your investment banking career progressed during your time at Carl Marks Advisors? Carl Marks Advisors provided me an opportunity and platform to take on more responsibility at every stage of my career, which I’ve been able to leverage all through to my current position as a Director. I joined Carl Marks Advisors in June 2011 and since then, have…READ MORE >