Marc  Patterson

Marc Patterson is a business professional with ten years of management consulting experience in strategic planning, operations improvement, turnaround, and restructuring.

Capitalizing on thirty years of military experience, Marc is comfortable with parachuting into leadership roles and taking swift action to deliver rapid results. Marc has been recognized for his work as a recipient in the 2023 TMA Turnaround and Transaction of the Year Awards.

Representative Experience
  • Served as interim President of Brazil Operations for a venture capital portfolio company focused on biotechnology and renewable products utilizing glucose from sugar cane and genetically modified yeast; engagement included root cause analysis (RCA) to minimize / eliminate contamination followed by developing / managing a project plan to execute a two-week plant shutdown to perform turnaround maintenance and implement countermeasures to correct root cause(s) of contamination.
  • Performed a three-week assessment of a venture capital portfolio company focused on a renewable product utilizing residual biomass from the timber and pulp industry. Analyzed end-to-end manufacturing processes, reviewed and revised income statements, and developed an operating model to perform scenario and breakeven analysis.
  • Performed an assessment for an animal nutrition company focused on a renewable product using residual biomass from ethane production, distillers dried grains (DDGs). Performed both an operational and financial assessment which included analysis of end-to-end manufacturing processes, review and revision of income statements, and development of an operating model to perform scenario and breakeven analysis.
  • Served as interim Chief Operating Officer for a soybean crush plant. Developed an operating model to perform scenario and breakeven analysis; developed subsequent operations improvements to drive plant throughput to breakeven in preparation for a sale at auction. Recipient of the “Mid-Size Company Turnaround/Transaction” Award from the 2023 TMA Turnaround and Transaction of the Year Awards.
  • Served as de-facto Vice President of Operations for a $300MM food manufacturer. Improved fulfillment rate from 83% to 100% within 30 days by implementing a prioritized packing list (pull system) based on customer order data and further integrating pull system through production to procurement.

Marc Patterson's Insights & Articles

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Navigating a First-Of-Its-Kind Bankruptcy Case
Article

Navigating a First-Of-Its-Kind Bankruptcy Case

On September 15, 2021, a grain elevator operator and processor of soybeans submitted an out-of-compliance borrowing base certificate to its secured lender. What followed was a novel bankruptcy case marked by massive complexity and a near-impossible positive outcome.

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Project Work

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Buca di Beppo

Buca di Beppo

$180MM national Italian restaurant chain that defaulted on its loan and had ceased interest payments. CR3 Partners was initially engaged to assess the company's cash position, but quickly transitioned to CRO.
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Hotel Portfolio

Hotel Portfolio

A $60MM eight-hotel portfolio was experiencing a liquidity strain due to a decrease in hotel guest traffic, resulting in a filing for bankruptcy proceedings to restructure its operations and liabilities.
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Specialty Ice Cream

Specialty Ice Cream

The company was a family-owned manufacturer of specialty ice cream and frozen novelty products.
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