Lincoln International Expands its Restructuring Practice with the Addition of Alex Stevenson as Managing Director
LOS ANGELES, April 8, 2013 /PRNewswire/ -- Lincoln International, a leading global, mid-market investment bank, announced today that Alexander W. Stevenson has joined the firm as a Managing Director in the Restructuring and Special Situations Group. He will be based in Lincoln International's Los Angeles office.
Mr. Stevenson joins Lincoln International from FocalPoint Securities, where he led the restructuring and special situations practice. Prior to his time at FocalPoint Securities, he was a Managing Director at Ernst & Young Corporate Finance where he was a senior member of the restructuring practice.
Mr. Stevenson has seventeen years of experience advising companies, creditors and other stakeholders in a variety of distressed and special situations involving the resolution of approximately $16 billion of financial obligations. Advising clients from both public and private companies, hedge funds, lender groups, committees and buyers of distressed assets, Mr. Stevenson's deep industry experience includes distressed M&A, amendments, waivers, debt for equity conversions, plans of reorganization and Chapter 11 processes.
Jim Lawson, Chairman of Lincoln International, commented, "We are committed to building the leading restructuring and special situations capability in the middle-market. Regardless of the volume in the restructuring market, when you have the opportunity to hire a banker of Alex's caliber, you take it."
Rob Barr, Lincoln International's CEO North America added, "Alex's capabilities in restructuring advisory services heartily supplement the already established expertise Lincoln has in the field. As we continue through the economic cycle, Alex will be a strong asset to our firm and many of Lincoln's clients will benefit from Alex's perspective and advice."
Mr. Stevenson will be teaming up with Joe Radecki, Managing Director and Head of Lincoln International's Restructuring and Special Situations Group, based in New York. Mr. Radecki, who joined Lincoln International in 2009 to lead the firm's restructuring practice, has worked to establish Lincoln International as a leader in middle-market restructuring advisory. Mr. Radecki said, "Alex brings a very synergistic set of contacts and experiences to the restructuring team. I look forward to having a colleague of his experience and working with him closely."
With the joining of Mr. Stevenson, the Lincoln International Los Angeles office now has a staff of ten people. Chris Petrossian, Managing Director and Head of the Los Angeles office commented, "We continue to grow the Los Angeles office. With thousands of active middle-market companies and some of the nation's most vital centers of business and commerce, the Southern California market represents an important region of growth and demand for Lincoln International's unique capabilities."
"I am very excited to join the Lincoln team," said Mr. Stevenson. "The firm's industry depth, international reach, valuation expertise and debt placement capabilities are powerful assets for our clients in any restructuring situation and are unmatched in the middle market."
About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. With fourteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com.
Media Contact: Mary Weber
SOURCE Lincoln International