Seasoned Turnaround Professional Joins Stapleton Group

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Mike Bergthold, Managing Director
Mike Bergthold brings over 30 years of financial advisory experience

LOS ANGELES - eTradeWire -- Stapleton Group is pleased to announce that Mike Bergthold joined the team as a Managing Director to support increasing demand for the firm's comprehensive strategic advisory and restructuring services.

As one of the largest independent providers of financial advisory and professional fiduciary services in the Western U.S., Stapleton has completed more than 250 engagements exceeding $2 billion in assets since it was founded in 2008. Recent engagements include serving as receiver of California's $409 million lead paint abatement fund; serving as CRO and managing the sale of a $100 million revenue wholesaler; and, negotiating a forbearance agreement, out-of-court restructuring and refinancing as financial advisor to an agricultural company.

"Mike brings a unique combination of hands-on experience to the team, including executive management, operating turnarounds and complex restructuring plans," commented David Stapleton, president of Stapleton Group.  "His breadth of industry knowledge and collaborative style will enhance Stapleton's ability to drive immediate and measurable results for our clients."

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In distressed situations, Mike manages all aspects of designing and implementing restructuring strategies, leads capital raises and negotiates with stakeholders. He has guided clients through complex legal processes in formal and informal reorganizations and often unites disparate creditor and investor classes resulting in renewed, recapitalized and viable business enterprises.

Before joining Stapleton, Mike served as managing director for Optima Office where he supported the firm's growth from 18 to more than 60 employees and 25 to 100 clients in less than 2 years.  Mike will continue to serve as an Advisory Board member at Optima Office. His previous experience includes serving as CFO, president and chief restructuring officer for public and privately-held companies in a broad range of industries, including agriculture, diagnostic laboratory, financial services, real estate, transportation, IT services and manufacturing. Mike is a Certified Fraud Examiner and was a licensed CPA for 25 years. He worked for Big 4 firms Andersen and EY and graduated from Arizona State University.

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About Stapleton Group

Stapleton Group's full-service team of turnaround experts, financial advisors, receivers, accountants and asset managers maximizes the recovery of capital for creditors and helps resolve disputes between shareholders. Stapleton has completed over 250 engagements with $2 billion+ in aggregate assets since it was founded in 2008. Whether the path to resolution is clear or involves untangling a complex web of issues, Stapleton designs and implements a feasible strategic plan to achieve the client's goals.  Learn more about Stapleton's services, team and successes at stapletoninc.com.

Contact
David Stapleton
President
***@stapletoninc.com


Source: Stapleton Group, Inc.
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Filed Under: Business, Banking, Financial

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