Our Team

Joe Picano

Managing Director

Joe has over 30 years experience working with privately-held businesses as either a consultant or investment banker. As a consultant, he specializes in turning around troubled operating compa­nies from those suffering declining financial performance, to ones that have al­ready failed. He has a unique combination of skills that allow him to analyze the company, collaboratively implement operational change with client management, determine the cash flow impact, and discuss the forecast results with bankers and other key client creditors. Owners like working with Joe because he thinks like they do, but has a deep understanding of the lender’s position.

For the last ten years, Joe has applied these skills to companies that either needed, or sought transactions for which they were unprepared. In several instances, Joe has taken clients from “troubled through transacted,” getting results unimaginable at the time of engagement. Mr. Picano has been an owner/operator throughout the last 25 years (including here at MidMarket Management Group), and has a significant reputation in the banking community for solving troubled situations.

Before consulting, Joe was a Manufacturing Engineer at Textron Defense Systems. Mr. Picano received a Bachelor of Science degree in Mechanical Engineering from Union College, and an MBA with a concentration in Operations, from Boston University.