TSL Express Daily News

NEW YORK--(BUSINESS WIRE)--Sherwood Partners today announced the launch of Sherwood Advisory Services, a new advisory group that leverages the strength of Sherwood Partners’ platform to deliver tailored turnaround and restructuring solutions to middle market companies. Sherwood Advisory Services will be led by Spencer Ware, a seasoned turnaround and restructuring professional, who brings over two decades of experience from AlixPartners, Zolfo Cooper, and Riveron to lead this new group.

Martin Pichinson and Michael Maidy, Co-Founders of Sherwood Partners said, “We are very excited to have Spencer lead our new Sherwood Advisory Services group. He epitomizes the deeply experienced restructuring expert we have been looking for to start this group – one who can identify patterns, think both strategically and tactically, and find creative, value-maximizing solutions for his clients. We are confident he is the dynamic leader needed to lead and grow Sherwood Advisory Services.”

“I am thrilled to launch Sherwood Advisory Services and bring together Sherwood’s stellar reputation in the market with my twenty years of restructuring experience,” said Mr. Ware. “Navigating the current macroeconomic environment is more complex than ever. With inflation, rising interest rates, technological disruption, geopolitical conflict, the issues facing companies are numerous and expanding. These vectors of change will continue to accelerate, and best-in-class solutions for navigating this evolving environment is of paramount importance for companies of all sizes. We see a huge opportunity to bring differentiated and customized solutions to the middle market to address these challenges, and our senior team will support clients with bespoke solutions that align with their priorities and objectives. I look forward to building on, and expanding, Sherwood Partners’ long-track record of partnering with companies and their stakeholders to maximize value in complicated situations.”

Before launching Sherwood Advisory Services, Mr. Ware was a Managing Director in Riveron’s Restructuring and Turnaround Services practice and the firm’s Retail Practice Leader. Before joining Riveron, he spent nearly two decades at AlixPartners and one of its predecessor firms, Zolfo Cooper. Mr. Ware is a Certified Turnaround Professional and a Certified Insolvency & Restructuring Advisor. He has been recognized by the M&A Advisor as the “2022 Turnaround Consultant of the year”, by the American Bankruptcy Institute on their 40 Under 40 list and received leadership awards from the New York Institute of Credit and the M&A Advisor. Mr. Ware holds a Bachelor of Arts in Economics from Haverford College and attended the London School of Economics.

About Sherwood Advisory Services

Sherwood Advisory Services is a middle market advisory division built on the Sherwood Partners platform, which is known for helping clients maximize value in complex situations for over 30 years. The new group will focus on company and creditor side financial advisory mandates within turnaround and restructuring including interim management roles, and assisting middle market corporations and their stakeholders manage liquidity challenges, enhance operations, maximize recoveries, and navigate chapter proceedings.

Contacts
Media:
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