Accretive Solutions Expands National Corporate
Accretive Solutions Capital Partners LP created to invest directly in special situations and turnarounds
Frank R. Mack, turnaround industry veteran, joins company as Senior Managing Director to lead the
June 22, 2010 10:03 AM Eastern Daylight Time
NEW YORK--(EON: Enhanced Online News)--National consulting and executive search firm Accretive Solutions
today announced plans to significantly expand its corporate restructuring practice, with Frank R. Mack, a turnaround
industry veteran, joining the company as Senior Managing Director to lead the effort.
As part of this new initiative, Accretive Solutions further announced that it has formed Accretive Solutions Capital
Partners LP (“AS Capital Partners”) to invest directly in special situations and turnarounds, with Mack to act as the
lead investment professional. AS Capital Partners will target investments in the $10 to $30 million range, and will
provide Accretive Solutions with the ability to both consult on and invest in significant restructurings.
Both the Corporate Renewal, Special Situations, and Restructuring practice and AS Capital Partners will leverage
Mack’s extensive expertise in turnaround consulting and investing to provide middle-market clients with financial
advisory, interim management, fiduciary services, senior and subordinated lender advisory services, litigation
support/expert witness, select M&A services and potential special situations capital.
Mack brings more than 20 years of experience as an interim manager, consultant and private equity investor to
under-performing companies in operational, financial and investment workout capacities to his new role at Accretive
Solutions. Prior to joining the company, he founded and served as CEO at Project Special Situations LLC, a firm
dedicated to sourcing and managing acquisitions of distressed companies. Mack has previously served as
Shareholder & Managing Director at international tu