Mark Kennedy has more than ten years of experience in investment banking and financial services. He is skilled in business plan preparation, merger and acquisition strategies, working capital management, and performance improvement and modeling.
Mark has prepared 13-week cash flow models, 3-statement models, and liquidation analyses. He is a member of the Turnaround Management Association (TMA) and Association of Insolvency & Restructuring Advisors (AIRA).
Led annual financial budgeting process for a $350MM restaurant chain operator.
Financial advisor for $30MM oilfield services company where he provided weekly cash flow forecasting and variance reports, trained CFO and finance department, and provided working capital analysis and impact on liquidity management.
Built integrated 3-statement and 13-week cash flow models for a private business services company. Models were used to advise company leadership on capital structure and liquidity needs.
Manager at infrastructure manufacturing company. Managed acquisition process from introductory phase to closing, created financial models, negotiated Sales & Purchase Agreements (SPA) with sellers, and built memoranda and presentations for the acquisition committee.
Analyst for investment bank where he developed financial models for credit underwriting, leveraged buyouts, mergers, and acquisitions. Evaluated transaction profitability and feasibility, while also building presentations for stakeholders.
Assisted with $250MM capital raise for publicly-traded equipment rental company.
Assisted with $50MM Sale-Leaseback transaction for a $100B publicly-traded retail company.
Financial advisor for $25MM food contract operator. Provided daily borrowing base certificates to secured lenders, provided weekly cash flow reports, and produced periodic liquidity reports for day-to-day operations.
Vice President for infrastructure development company where he identified private infrastructure transportation opportunities and worked with local governments to determine a project’s viability. Managed project financing process and determined optimal capital structure based on the cash flow of the project.
CR3 Partners Adds Manager and Two Senior Associates
CR3 Partners is proud to announce its new Manager, Mark Kennedy, and its new Senior Associate, Lee Hiles, in the Atlanta office. We also made a recent addition to its new Richmond office with Senior Associate, Katie Usera.
The company was a $300MM private equity-owned casual dining restaurant that experienced sales declines due to industry trends and the COVID-19 pandemic, forcing the company to file for Chapter 11 bankruptcy to reorganize.
The company is a $24MM exploration and extraction company that produces heavy oil. The company filed for bankruptcy to avoid foreclosure by lenders, who petitioned for the appointment of a Chapter 11 Trustee.
JCPenney is a publicly traded company with 846 corporate locations and 12B in annual revenue that elected to file Chapter 11 bankruptcy due to COVID-19 shutdowns, C-suite turnover, and changes to the business and merchandising plans.