Mark Hootnick is a Managing Director and Co-Head of Solomon Partners’ Capital Transformation and Debt Advisory.
Mr. Hootnick 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., Mr. Hootnick 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.
Mr. Hootnick 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.
Mr. Hootnick received a J.D. from New York University School of Law and a B.S. in Finance, with honors, from Lehigh University.
Served as co-financial advisor to Red Lobster on its refinancing of existing credit facilities
Serving as financial advisor to Thai Union Group on its acquisition of Golden Gate Capital’s remaining equity stake in Red Lobster Seafood Co
Serving as investment banker to Stage Stores in its ongoing Chapter 11 proceedings.
Served as financial advisor to Save A Lot on its successful recapitalization and refinancing
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.
Served as advisor to Hyundai Merchant Marine in the restructuring of $1 billion of liabilities and charter obligations
Served as restructuring advisor to Quiksilver