Exciting Changes at Mid-Market Management Group

To better deal with the pressing financial crisis, we have re-branded and expanded to serve our clients even better. Furthermore, we have refocused our Turnaround and Loan Portfolio Consulting Services by expanding the depth of our team with six new members.

Who’s New?

Directors Jim Benninger, Ken Mooney, and Will Dewey bring extensive skills as Asset Managers of Loan Portfolios, and in the areas of Workout, and Credit. Although most of their knowledge came through traditional banking, the group has experience in Finance Companies (Sub-Prime Auto, Dealer Floor Plan, Equipment Leasing), Fin-Tech, and in working at non-lending operating businesses.

Business Analysts Drew Murphy, Craig Pouliot, and Ryan Helenius have each lead Financial Planning and Analysis business functions from start-ups, through public corporations. They are proficient in both accounting and computer systems, and have the ability to quickly assess the history and current performance of a business to make changes to operations and project cash-flow for companies suffering from effects of the Covid-19 pandemic.

Other Developments

• MMG will continue to provide Investment Banking services through the Lexbridge division of MMMG, in both Boston and Houston, representing owners in the acquisition, sale, recapitalization, and refinance of middle-market businesses.

• We have created an educational workshop for lenders focusing on “knowing your portfolio” in preparation for requests from troubled borrowers (we believe there will be many). We are concentrating on redeveloping real “Banking Relationships” between borrowers and lenders focusing on improved communications by both parties, and recognition of necessary “constructive disagreement” to reach the mutual goal of strong financial performance by the borrower.

• We will continue to provide our workshops on “How to Sell Your Business for the Best Price & Terms” to middle-market business owners and their professionals.

• Our model now includes enhanced technologies which allow us to respond even quicker to potential customers, manage projects more seamlessly and deliver financial plans in a shorter period of time.

It’s an exciting time at Mid-Market Management Group, and we look forward to working with you soon!