MorrisAnderson Promotes Alpesh Amin to Managing Director

CHICAGO, IL--(Marketwire - Jan 18, 2013) - MorrisAnderson, a leading Chicago-based middle market financial and operational advisory firm, announced today that Alpesh Amin has been promoted to managing director from director. In this role, Amin will leverage his more than 13 years of experience in corporate finance, restructuring and banking to further support MorrisAnderson's advisory services for distressed companies and private equity firms.

Since Amin, 36, joined MorrisAnderson in 2008 as a consultant, he has served in an advisory capacity for both company management and creditors. His background includes corporate turnarounds and restructurings, Chapter 11 bankruptcy proceedings, asset sales and liquidations and business plan development, particularly for companies in the consumer products, electronics, construction materials, distribution, transportation and automotive sectors.

"Alpesh consistently provides solutions and leadership for distressed companies, lenders and private equity firms navigating complex business challenges," said Dan Dooley, principal and chief executive officer of MorrisAnderson. "He is a strong leader at the firm, and has particularly helped grow our construction materials practice group by successfully managing client engagements within that sector."

Most recently, Amin served as financial advisor and investment banker for Werthan Packaging, Inc., a regional printing and packaging manufacturer, where he assisted the company in developing and executing a business plan and led the successful refinancing efforts for the company. Amin also served as financial advisor and investment banker to Ridgewood Corp., a building products retailer and wholesaler, and developed a business plan that enabled Ridgewood to sell its assets while preserving the value of equity in various real estate assets and preserving 50 employees' jobs.

Additionally, Amin served as financial advisor and investment banker to a family-owned hardware and building supply distributor. In this role, he assisted the company in developing a multi-faceted business plan that included restructuring the company's core operations, the divestiture of its underperforming subsidiary and a senior debt refinancing.

"Alpesh's career trajectory from consultant to director and now to managing director is an example of MorrisAnderson's corporate growth strategy to provide meaningful career advancement opportunities at all levels of our firm," added Dooley. "We strive to ensure emerging leaders such as Alpesh are recognized for their contributions and accomplishments so our clients can continue to receive industry-leading financial and operational advisory services during times of distress."

Prior to joining MorrisAnderson, Amin held restructuring, turnaround and mergers and acquisitions roles with Huron Consulting Group, Bridge Associates, LLC, Merrill Lynch and LaSalle Bank NA. Amin is a member of the Turnaround Management Association (TMA) and the American Bankruptcy Institute (ABI). He holds a bachelor's degree in business administration with concentrations in finance and management information systems from Miami University.

About MorrisAnderson
Chicago-based MorrisAnderson is a middle market consulting firm focused on underperforming and distressed companies, with offices in Florida, Missouri, New York and Ohio. The firm's service offerings include financial advisory, interim, turnaround and crisis management, investment banking, performance improvement and litigation support. MorrisAnderson emphasizes hands-on involvement, consistent and reliable communication and a collaborative approach with stakeholders.