Grocery Industry Braces for Impact from Tariffs

By: Keith Daniels The series of tariffs imposed by the Trump administration is turning into a mixed bag for grocery-store chains. The tariffs are putting grocery stores in a tough spot because some of their vendors are experiencing higher costs as a result of the tariffs and they may be attempting to pass the cost increases on to grocery chains to maintain profitability. How things pan out depend on a few variables. Tariffs on steel and aluminum imposed on imports from Canada, Mexico and Europe, for instance, have led to double-digit price increases…READ MORE >

Carl Marks Advisors’ Webb and Killion Win Professional Achievement Awards

Carl Marks Advisors, a leading corporate restructuring and investment banking firm, is pleased to announce that Scott Webb, Senior Managing Director, and Jonathan Killion, Managing Director, have both won the M&A Advisor Emerging Leaders Award. Mr. Killion has also been recognized by the Commercial Finance Association (CFA) as a recipient of its annual 40 Under 40 Award. Mr. Webb brings more than 12 years of investment banking and financial restructuring experience, and has successfully closed more than 50 transactions across a wide range of industries including energy, healthcare, manufacturing and consumer products. He is known…READ MORE >

CAREER PROFILE: JEFFREY PIELUSKO, DIRECTOR AT CARL MARKS ADVISORS

Jeffrey Pielusko discusses the skills he has acquired over the four years he has worked at Carl Marks Advisors and what attracted him to the firm after leaving a large financial institution. What originally drew you to a career in restructuring and investment banking?  I was drawn to a career in restructuring/investment banking because it gave me the opportunity to help businesses work through turbulent situations and emerge stronger. I enjoy helping companies create and implement strategies that enable them to grow and thrive. Because I engage in a variety of unique and…READ MORE >

INDUSTRY OUTLOOK: “SUSTAINED STRESS” IN POST-SECONDARY EDUCATION

Joseph D’Angelo, Partner, expands on the recent findings of a Moody’s study that predicts the post-secondary education sector will experience continued stress, resulting in more closures. A recent Moody’s study predicts that sustained stress in post-secondary education will drive more private colleges to alter business models or close. As revenues and enrollments continue to decline and cash flow pressures mount, we expect additional schools to face challenging decisions. Over the past few years, and over the course of multiple engagements, Carl Marks Advisors has seen schools struggle with decisions to make changes, especially…READ MORE >