News & Events

  • Holly Ollier Named Chief Operating Officer of CR3 Partners
    Holly Ollier Named Chief Operating Officer of CR3 Partners FOR IMMEDIATE RELEASE  DALLAS, TX (February 26, 2020) —CR3 Partners is pleased to announce the promotion of Holly Ollier to Chief Operating Officer of the firm. Ollier joins the executive leadership at CR3 to drive results as the firm continues to build and invest in its future growth. “With Holly joining the executive leadership team, CR3 gains a savvy executive operator with a proven background in driving operational and financial excellence,” says Gene Baldwin, Partner. “Holly’s leadership and expertise will be a tremendous value-add across the firm as the business and operations continue to scale.” Ollier has a 30-year, proven track record delivering revenue growth and profit improvement for both employers and clients. She has managed and improved the processes of strategic planning, product development, sales and marketing, service delivery, and supply chain management for over 50 businesses. “Holly is an important part of our success and our future. As COO, Holly will continue her personal involvement in the operations of the firm, ensuring our team remains strong and helping the firm run smoothly as we continue to grow,” said Tom O’Donoghue, Partner. About CR3 Partners CR3 Partners is a national...
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  • CR3 Partners Adds Two Partners
    CR3 Partners is pleased to announce that Sean Cunningham has joined as a Partner of the firm and will be based in its New York office. “We are excited to have Sean join our firm and further strengthen our Northeast team. Sean comes to CR3 with 20 years of restructuring experience in a variety of industries including healthcare and retail. We look forward to working with him and continuing to grow our practice nationwide,” said Partner, James Katchadurian. Sean’s background includes extensive experience working directly for and providing restructuring advice and services to debtors, senior lenders, and unsecured creditors. Prior to joining CR3, Sean was a Senior Managing Director at a national restructuring and turnaround firm. David Tiffany has been elevated to Partner of the firm. David has over 15 years of corporate leadership experience, achieving significant cost reductions, revenue improvements, and profitability increases through complex restructurings. “David has been with the firm for three years and done exceptional work. We are more than happy to welcome him into Partnership,” said Partner, Gene Baldwin. Along with the addition of two new partners, CR3 Partners would also like to announce two other employees who joined the firm this winter: Cade Kennedy,...
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  • CR3 Partners Opens Los Angeles Office and Adds New Partner
    CR3 Partners Opens Los Angeles Office and Adds New Partner CR3 Partners is delighted to announce that Tim Skillman has joined as a Partner of the firm and will be heading the new CR3 Partners Los Angeles office. Tim’s background includes over 20 years of experience advising public and private companies. Prior to joining CR3, Tim was a Managing Director at a national restructuring and turnaround firm where he led the West Coast practice and managed a team of professionals. “We are excited to have Tim join our group and open the office in the Los Angeles area with him at the helm,” said partner Rob Carringer. “Tim is a seasoned turnaround professional with several interim C-level assignments under his belt. The West Coast market has been a strong market for us historically, and the addition of a Los Angeles office will allow us to reach more clients in that market quickly.” CR3 Partners will also bring on James Baring as a Director in the Los Angeles office. James is a highly experienced restructuring professional with expertise in the energy, manufacturing, distribution, healthcare, and consumer products industries. Partner William Snyder said, “We are very fortunate to have James join our growing...
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  • CR3 Partners Honored with Two Turnaround Atlas Awards at 2019 Global M&A Network Annual Gala
    CR3 Partners Honored with Two Turnaround Atlas Awards at 2019 Global M&A Network Annual Gala National turnaround firm takes home awards for work with Consumer Products and Energy clients  DALLAS, TX (June 12, 2019) — CR3 Partners is pleased to announce that the firm was awarded two Turnaround Atlas Awards on May 20, 2019 at the Global M&A Network Annual Gala. These awards celebrate exemplary work in the restructuring industry and honor firms that have achieved the “Gold Standard of Performance,” evaluating from over 290 eligible deals in the U.S. and abroad. Led by Tom O’Donoghue as Chief Restructuring Officer, the engagement team for Hobbico, a large national distributor of radio-controlled hobby products to over 1,500 retailers, received the Consumer Products Restructuring of the Year award alongside Neal Gerber & Eisenberg LLP as advisors to the debtor for the successful Section 363 sale of the business. CR3 helped stabilize the operations during the holiday selling season and mitigated supply-chain disruptions while preparing the company for sale through the bankruptcy process. CR3’s work in the energy sector was recognized through the Francis Drilling Fluids engagement, which was named the Energy Restructuring of the Year, Mid-Markets. Led by Greg Baracato as Chief Restructuring...
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  • Dawn Ragan is Interviewed for Journal of Corporate Renewal
                    Partner, Dawn Ragan, was recently featured in a Q&A article in the Jornal of Corporate Renewal, the official publication of the Turnaround Management Association. Read the full article here....
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  • CR3 Partners expands service offerings through partnership with OverlayAnalytics
    CR3 Partners expands service offerings through partnership with OverlayAnalytics, cloud-based data analytics firm CR3 Partners (CR3) announced it was the lead investor in a funding round for OverlayAnalytics, LLC, a cloud-based data analytics firm that leverages leading technology to transform operational and financial data into actionable visualizations and automated reports. OverlayAnalytics’ platform gives stakeholders real-time insights to better understand business performance, perform rapid in-depth analysis and make informed decisions that will lead to improved profitability. “OverlayAnalytics complements our service offerings; their deep knowledge and experience in the corporate finance arena, combined with their technology platform, provides a turn-key method to uncover and analyze business performance,” said William Snyder, co-founder of CR3 Partners. “This speed to insight is absolutely invaluable, and we are excited about the future of this partnership.” OverlayAnalytics was founded by Bryan Shupe and Tommy Shuey, both former consulting and advisory professionals with a Big 4 accounting firm. They recognized a need for middle-market companies to have access to the same extensive business-intelligence tools as larger Fortune 500 companies. The platform was developed as an efficient and effective technology solution that provides a holistic view of a company’s operational and financial performance through data visualizations and dashboards accessible...
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  • Event Spotlight
    CR3 Partners is proud to serve as a corporate sponsor of Bankrupt Talent on November 14, 2018 at Le Poisson Rouge in New York City. This musical event, now in its 10th year, features rock-and-roll performances by members of the restructuring and insolvency community, including our own partner, Barak Tulin. Proceeds from all ticket sales and donations benefit the Make a Film Foundation, which grants film wishes to children with serious or life-threatening medical conditions and teams them with noted actors, directors and writers to create short film legacies. Tickets can be purchased in advance here or at the door. For more information, LIKE and visit the Bankrupt Talent Facebook page....
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  • CR3 Partners Expands Chicago Team
    CR3 Partners Expands Chicago Team CR3 Partners is pleased to announce that Tim Shanahan has joined the CR3 Partners team and will be based in its Chicago office. Tim’s background includes significant leadership and operating experience. He began his career in engineering and program management for a major automotive OEM, progressing to executive leadership as Vice President of Strategy and Business Development for a major branded consumer products company, followed by over 15 years of successful crisis management and corporate growth consulting. Most recently, Tim served as interim CFO of an international consumer products company with over $250 million in revenue, working alongside a CR3 engagement team to provide financial leadership during a critical bankruptcy period. “We’re excited to have Tim on the team,” said partner Tom O’Donoghue, who served as Chief Restructuring Officer of the consumer products company. “His financial management and executive leadership skills add to the depth of CR3’s expertise and allow us to better serve clients across the Midwest.” Tom added that the expansion of the Chicago team is significant because, “in addition to Chicago being a great central location, it allows us to reach more clients quickly and also provides us the opportunity to connect with middle-market capital funding sources who work closely with our...
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  • Cynthia Romano speaks on Bankruptcy and Turnaround Financing
    In a recent interview, Cynthia Romano, Partner, shared insight into Bankruptcy and Turnaround Financing. She shares “Bankruptcy protection is one tool available for use when restructuring a company. There are benefits to restructuring and reorganizing out of court but a Chapter 11 filing (typically used to reorganize a company or sell its assets as a going concern) provides a company runway to operate and reorganize or sell, freed (albeit temporarily) from the constraints of prior claims.” Read the entire post here>...
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  • CR3 Partners Advises NEOPS Alongside SSG Capital on Sale of Debt
    SSG Capital Advisors, LLC (SSG) acted as the investment banker to New England Orthotic & Prosthetic Systems, LLC and its affiliates in the sale of all of its outstanding senior debt to AHM Healthcare Strategies (AHM), an affiliate of Eschen Prosthetic and Orthotic Laboratories, Inc. (Eschen). The debt sale closed in July 2017. Tom S. O’Donoghue, Jr. and Doug Flannery of CR3 Partners, LLC, were the financial advisors to New England Orthotic & Prosthetic Services, LLC during the transaction. Read full article on the transaction here:  ...
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