Areas of Expertise
- Turnarounds / Restructurings
- Bankruptcy Proceedings
- Crisis Management
- Interim Management
- Financial Advisor
- Due Diligence
- Section 363 Sale
- Logistics / Distribution
- Metals / Manufacturing
- Financial Services
- Business Services
- Chief Restructuring Officer to PBS Brands Inc. (Punch Bowl Social)
- Financial Advisor to Loves Furniture Inc.
- Financial Advisor to Eagle Pipe LLC
- Financial Advisor to GGI Holdings LLC (Gold’s Gym)
- Chief Restructuring Officer to Pine Creek Medical Center
- Chief Restructuring Officer to Lockwood International LLC
- Creditor Trustee in Neighbors Legacy Holdings
- Financial Advisor and Liquidating Trustee in Alliance Health
- Interim CFO and Estate Representative for WordWorld LLC
- CAO and Estate Representative for PCAA, LLC
- BS Ohio State University
- 3 Years with Firm
- 30 Years of Relevant Experience
Mr. Shapiro joined B. Riley Advisory Services (formerly GlassRatner) in 2016 to help found the firm's Dallas office. He has more than 25 years of strategy, finance and turnaround experience gained from holding corporate management roles and from advising companies in need. Mr. Shapiro's unique combination of corporate financial management and turnaround skills proves valuable to companies executing a turnaround, developing a plan of reorganization or obtaining capital. Additionally, he is one of the leaders of the firm's Due Diligence practice with significant transactional experience helping companies' diligence, execute and integrate corporate transactions. Mr. Shapiro is well regarded for his ability to realize the financial and operational improvements necessary to enhance stakeholder value.
Mr. Shapiro has functioned in executive leadership, interim management and advisory positions for publicly held, privately owned and equity sponsored entities - both domestic and international - with revenues ranging from $15 million to $15 billion. Industries served include healthcare, retail, distribution, commercial and financial services, metals and manufacturing, consumer products and telecommunications.
Mr. Shapiro has restructured and successfully managed companies through a number of transitional, troubled and distressed situations. His methodology melds hands-on strategic planning and implementation with collaborative stakeholder interaction and he is highly skilled at managing, through the cultural changes that affect companies in transition.
Mr. Shapiro has advised on corporate acquisitions and sales of entities with values ranging from $10 million to $1 billion in conjunction with stock offerings, private placements and section §363 auctions. He has negotiated cash-flow-based and asset-based lines of credit, managed complex debt re-capitalizations, and secured debtor in possession facilities in addition to real estate and equipment financing.
Mr. Shapiro received his B.S. in Accounting from The Ohio State University and began his career with Ernst & Young in New York. He is a Certified Public Accountant.
B. Riley Advisory Services works with lenders, law firms, private equity sponsors and companies of all types. Our Advisory Services are a unique mix of Valuation and Appraisal Services including asset-based lending (ABL) Valuations, Restructuring and Turnaround Management, Forensic Accounting and Litigation Support and Transaction Support Services including Due Diligence and Quality of Earnings Reviews. B. Riley Advisory Services is the trade name for GlassRatner Advisory & Capital Group, LLC, Great American Group Advisory & Valuation Services, LLC, Great American Group Machinery & Equipment, LLC, and Great American Group Intellectual Property, LLC.