Prior to CR3, Spencer has worked at AlixPartners, Zolfo Cooper, and Riveron, including serving as the head of Riveron’s Retail Restructuring Practice. He was recognized by M&A Advisor as the 2022 Turnaround Consultant of the Year; recognized by the American Bankruptcy Institute (ABI) in their 40 Under 40 list; and received leadership awards from the New York Institute of Credit (NYIC) and the M&A Advisor.
Asset based loans (ABLs) are used by most retailers because they are secured by physical assets, in most cases inventory and accounts receivable (AR), thus they have a higher likelihood of being repaid in the event the company becomes distressed.
CR3 Partners continues to add professionals across the U.S. to serve its growing client base and is pleased to announce that Spencer Ware has joined as a Partner of the firm in our New York office.
