Case Studies

Steven List, Partner

Steven List has more than 20 years of expertise providing executive management, interim management, turnaround, and financial/restructuring advisory services. Recently, Mr. List spent 4 years heading the corporate asset management group of a $7B Private Equity group focused on special situations investments in North America, Europe, and Asia.

In addition, some of his select prior engagements include:

  • CRO of $1 billion energy mid-stream company. Led sale of company in bankruptcy in 4 unique 363 auctions, senior lenders return > 50% premium vs. pre-bankruptcy borrowing base.
  • Interim CFO of $125 million concrete pipe manufacturer. Led liquidity management, financial reporting and lender communications for an under-capitalized, growing company. Protected owners 100% interest in the company during this growth phase.
  • CFO and Board Member of $325 million mattress retailer. Instrumental in $20 million EBITDA improvement; company was approaching insolvency when retained, exit in 3+ years returned ~4x to investors.
  • Interim CFO and Restructuring Advisor to $300 million national retailer. Retained to provide financial guidance and to prepare the company for sale to private investors; transaction consummated through an Article 9 foreclosure.
  • Interim CFO of a newspaper group where he was retained to provide liquidity expertise, prepare a medium term financial and strategic plan and advise financial and operational management needs.
  • Restructuring Advisor and Interim CFO of $150 million manufacturer of electrical enclosures. Developed turnaround plan and quantified required capital infusion; led negotiations between senior lenders, junior lenders and equity to structure infusion and dilution.
  • Restructuring Advisor to $125 million interior sign and consumer products manufacturer. Avoided bankruptcy and probable liquidation by structuring and negotiating complex deal whereby senior lenders acquired 100% control of the company.
  • Financial and Bankruptcy Advisor to a $2.5 billion public home improvement retailer. Managed day-to-day restructuring efforts, including formulation of plan of reorganization, creditor negotiations, and managing company personnel through the entire bankruptcy process. Company successfully emerged from Chapter 11 in four months.

Mr. List is a Certified Public Accountant (CPA), Certified Turnaround Professional (CTP) and Certified Insolvency and Restructuring Advisor (CIRA).

Contact Information

E-mail: steven.list@cr3partners.com
Phone: +1 (972) 342-1099
LinkedIn | VCard


Industries

  • Distribution
  • Manufacturing
  • Retail
  • Energy
  • Healthcare
  • Consumer Products
  • Real Estate
  • Financial Services
  • Telecommunications

Education

B.A., University of Oklahoma

Steven List, Partner

Contact Information

E-mail: steven.list@cr3partners.com
Phone: +1 (972) 342-1099
LinkedIn | VCard


Industries

  • Distribution
  • Manufacturing
  • Retail
  • Energy
  • Healthcare
  • Consumer Products
  • Real Estate
  • Financial Services
  • Telecommunications

Steven List has more than 20 years of expertise providing executive management, interim management, turnaround, and financial/restructuring advisory services. Recently, Mr. List spent 4 years heading the corporate asset management group of a $7B Private Equity group focused on special situations investments in North America, Europe, and Asia.

In addition, some of his select prior engagements include:

  • CRO of $1 billion energy mid-stream company. Led sale of company in bankruptcy in 4 unique 363 auctions, senior lenders return > 50% premium vs. pre-bankruptcy borrowing base.
  • Interim CFO of $125 million concrete pipe manufacturer. Led liquidity management, financial reporting and lender communications for an under-capitalized, growing company. Protected owners 100% interest in the company during this growth phase.
  • CFO and Board Member of $325 million mattress retailer. Instrumental in $20 million EBITDA improvement; company was approaching insolvency when retained, exit in 3+ years returned ~4x to investors.
  • Interim CFO and Restructuring Advisor to $300 million national retailer. Retained to provide financial guidance and to prepare the company for sale to private investors; transaction consummated through an Article 9 foreclosure.
  • Interim CFO of a newspaper group where he was retained to provide liquidity expertise, prepare a medium term financial and strategic plan and advise financial and operational management needs.
  • Restructuring Advisor and Interim CFO of $150 million manufacturer of electrical enclosures. Developed turnaround plan and quantified required capital infusion; led negotiations between senior lenders, junior lenders and equity to structure infusion and dilution.
  • Restructuring Advisor to $125 million interior sign and consumer products manufacturer. Avoided bankruptcy and probable liquidation by structuring and negotiating complex deal whereby senior lenders acquired 100% control of the company.
  • Financial and Bankruptcy Advisor to a $2.5 billion public home improvement retailer. Managed day-to-day restructuring efforts, including formulation of plan of reorganization, creditor negotiations, and managing company personnel through the entire bankruptcy process. Company successfully emerged from Chapter 11 in four months.

Mr. List is a Certified Public Accountant (CPA), Certified Turnaround Professional (CTP) and Certified Insolvency and Restructuring Advisor (CIRA).


Education

B.A., University of Oklahoma

Case Studies