Mike  Caruso

Mike Caruso

Senior Director

With financial and operating experience spanning over 30 years, Mike Caruso is a proven problem-solver with the ability to quickly adapt to different environments and produce quantifiable bottom-line results.

Mike has an extensive track record of increased revenues, cost reductions, and solid organizational leadership. He is adept at process enhancements, mergers & acquisitions and managing projects to dramatically increase productivity and produce significant ROI.

Representative Experience
  • Interim Chief Executive Officer of an online game, media, and ad network where he led the restructuring of the company through a liquidity crisis resulting in the sale of a division and the spin-off of a stand-alone media company
  • Chief Financial Officer for a major business-to-business publisher overseeing overhead cost reductions through consolidation, streamlining and product redesign and a 30% increase in Company EBITDA
  • Advisor in several turnaround engagements, including in the media, commercial printing, restaurant, manufacturing and agriculture industries resulting in improvements in earnings and financial stability
  • Chief Financial Officer/General Manager for a major business-to-business publisher where he led the transition from print magazines to 100% digital products resulting in the sale and transition of the company
  • Member of Board of Directors for national real estate publication during company restructuring including strategic divestitures, hiring of new CEO and development of a new online marketing strategy

Mike Caruso's Insights & Articles

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Performance Improvement, A Primer
Article

Performance Improvement, A Primer

This introductory article is first in a Performance Improvement series. Subsequent articles will isolate and expound upon specific tools and techniques.

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The Continued Evolution of Digital Media
Article

The Continued Evolution of Digital Media

The media industry has gone through many changes since banner advertising first appeared on the Internet. Legacy constraints on traditional media outlets have hampered their ability to respond. Startups have sought to capitalize on these constraints; not all of them have survived.

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New Partners and Continued Growth of CR3 Partners
News

New Partners and Continued Growth of CR3 Partners

The CR3 Partners Board of Managers is pleased to announce that Jeff Armstrong and Dawn Ragan have been admitted to the firm's partnership.

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Project Work

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The Paper Store

The Paper Store

The company is a family-owned retailer of specialty gifts with 86 locations in the northeastern U.S. The company's term lender engaged CR3 to evaluate its position before and during the company's Chapter 11 bankruptcy filing.
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Beauty Consumer Products

Beauty Consumer Products

The company is a $80MM branded consumer products company primarily focused on selling women's haircare products. Due to poor management decisions during a sales process that resulted in declining financial performance, buyers lost interest in closing a transaction.
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Contact Mike