Bruce Buchanan Joins PwC's Business Recovery Services

Aug 02, 2012, 08:00 ET from PwC

Veteran Restructuring Professional to Support Firm's Deals Practice as Managing Director

NEW YORK, Aug. 2, 2012 /PRNewswire/ -- PwC US today announced that Bruce Buchanan joined the firm as a managing director with the firm's Business Recovery Services (BRS) group based in New York.  In his new role with PwC, Buchanan serves in the restructuring services arm of PwC's Deals team, assisting clients in evaluating strategic and financial alternatives and providing structuring advice to ensure successful recapitalizations and restructurings.  As a veteran restructuring and capital markets specialist, he has participated in more than 100 restructuring-related transactions over the course of his career.

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"Bruce is a results-driven restructuring specialist with strong fundamental credit and debt capital advisory experience across a broad spectrum of industries, products and markets," said Perry Mandarino, U.S. Business Recovery Services Leader with PwC.  "His track record of supporting companies in working with the various stakeholders involved during these complex transactions while addressing their corporate financing needs is highly regarded, and his unique skill sets will greatly benefit our clients and our practice. We are very excited to welcome him to our team."

With a strong background in restructurings, recapitalizations and capital markets services, Buchanan has served in a variety of leadership roles with leading investment banking firms.  Prior to joining PwC, he served as managing director, head of strategic finance and global restructuring group team leader at RBS Securities Inc., evaluating restructuring alternatives and driving corporate solutions to maximize recoveries and reduce risk and exposure.  He has also led the restructuring divisions at Morgan Stanley, Bank of America Merrill Lynch and GE Capital.  In each of these positions, Buchanan played a significant role in providing capital markets advisory services and arranging financing to address clients' specific and evolving capital needs.   Buchanan started his career in the financial audit group at PwC.

Buchanan received his B.S. in accounting with a minor in business administration from State University of New York at Albany and an MBA in finance from New York University.  He is a CPA, holds NASD Series 7, 63 and 79 licenses and has presented at various turnaround and restructuring conferences.  Buchanan was also listed as "People to Watch" in Turnaround & Workouts publication.

PwC's Business Recovery Services practice is a leading advisor to stakeholders during complex financial restructurings, bankruptcies and turnaround situations.  With its focus on broad advisory, complex financial services and crisis management, PwC provides strategic, operational and financial alternatives to preserve and restore the performance and value of businesses. With the power of its professionals around the world, PwC delivers specific industry and technical expertise with its hand-on, solutions driven approach.

PwC's Deals practitioners help corporate and private equity executives navigate transactions to maximize value and returns. In today's increasingly daunting economic and regulatory environment, experienced M&A specialists assist clients on a range of transactions from smaller and mid-sized deals to the most complex transactions, including domestic and cross-border acquisitions, divestitures and spin-offs, capital events such as IPOs and debt offerings, and bankruptcies and other business reorganizations. We help clients with strategic planning around their growth and investment agendas and advise on the business-wide risks and value drivers in their transactions for more empowered negotiations, decision making and execution. Clients can then expedite their deals, minimize their risks, capture and deliver value to their stakeholders, and quickly return to business as usual.

Our local and global deal strength is derived from over 1,400 deal professionals in 21 cities in the U.S. and over 9,800 deal professionals across a global network of firms in 75 countries.  In addition, our network firm PwC Corporate Finance can provide investment banking services within the U.S.

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