Role
Mark Hootnick is a Partner and leads capital transformation and debt advisory. He joined Solomon in 2018.
Experience
Mark has worked in the restructuring and distressed advisory industry for over 20 years. He has extensive experience guiding distressed companies, their stakeholders and other constituents through a variety of complex, sophisticated transactions, most recently as a Managing Director at Millstein & Co.
Prior to Millstein & Co., Mark served as a Managing Director at Moelis & Co., Gleacher, Imperial Capital and Greenhill & Co. Before joining Greenhill, he was a founding member of Miller Buckfire and an investment banker at Wasserstein, Perella & Co. Mr. Hootnick began his career as an attorney at Kramer Levin.
Mark has represented companies, debtors, creditors, investors and acquirers in transactions involving more than $50 billion in liabilities across an array of sectors. Past clients have included General Motors, American Airlines, LightSquared Communications, ICO Global Communications, Lear Corporation, Hyundai Merchant Marine, Indiana Toll Road and Olympia & York.
Education
Mark received a JD from New York University School of Law and a BS in Finance, with honors, from Lehigh University.
Transactions
Served as financial advisor to Convertible Noteholders on QualTek’s pre-arranged Chapter 11
July 2023
Served as M&A and restructuring advisor to Ares on its sale of Newark Energy Center, a 705 MW Combined Cycle Facility in PJM PS-North, to Hartree Partners
July 2023
Served as financial advisor to Wahoo Fitness on its recapitalization and growth financing
May 2023
Served as co-financial advisor to Red Lobster on its refinancing of existing credit facilities
January 2021
Serving as financial advisor to Thai Union Group on its acquisition of Golden Gate Capital’s remaining equity stake in Red Lobster Seafood Co
August 2020
Served as investment banker to Stage Stores in its ongoing Chapter 11 proceedings.
August 2020
Served as financial advisor to Save A Lot on its successful recapitalization and refinancing
April 2020
Served as advisor to the steering committee of bondholders in the restructuring of $2.8 billion of liabilities and raising of $350 million of new capital through a joint sauvegarde in France and a Chapter 11 in the U.S.
March 2018
