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Vincent J. Colistra

Vincent J. Colistra

Senior Managing Director & Shareholder

Bio

Vincent Colistra is a Senior Managing Director and Shareholder of Phoenix Management Services, Inc. and the firm’s investment banking division, Phoenix Capital Resources®. He joined the firm in 1997 as a Director and became a Partner in 1998.

Vincent has managed or participated in over 60 engagements since joining Phoenix that involved developing and implementing solutions in complex corporate restructurings and reorganizations, operational and financial turnarounds, recapitalizations, re-financings, the raising of senior debt, second lien debt, subordinated debt with warrants and preferred and common equity, as well as representing strategic and financial buyers and sellers of businesses in both the public and private sector.

In addition, Vincent has successfully managed numerous engagements for companies wherein the ultimate solution to maximize value for the various constituents required filing for protection of Chapter 11 of the United States Bankruptcy Code to ultimately effectuate operational turnarounds, balance sheet restructurings, sales of the businesses through the §363 auction process, and Plans of Reorganization. He has served in the capacity at Phoenix Management as both Financial Advisor and in direct management positions as CRO, CEO, COO, and CFO and has assisted clients in a wide spectrum of industries including manufacturing, building components, distribution, equipment leasing, specialty/structured financing, mining, restaurants, and retailing. As the Senior Managing Director of Phoenix Capital Resources®, Vincent has successfully completed numerous transactions that have included re-financings, restructurings, recapitalizations, and §363 sales within bankruptcy.

Life Before Phoenix

Before joining Phoenix, Vincent was Senior Vice President of Finance and Administration and CFO of a holding company with operating subsidiaries in contract operations, manufacturing, and the licensing of proprietary technology to sub-licensees throughout the United States and Canada; served as Senior Vice President and COO of a company in the manufacturing and distribution of building products and CFO of a group of companies involved in steel processing and trading; and spent nearly 15 years in banking where he held various positions in corporate finance, investment banking, corporate lending, and asset-based financing wherein his engagements involved recapitalizations, leveraged/management buy-outs, acquisition financing, divestitures, and advisory roles in overall capital restructuring. He also held international banking positions at Wachovia Bank, where he was General Manager of Wachovia’s New York office, and at Bank of America.

Education & Affiliations

Vincent holds an MBA from Fordham University, where he majored in Corporate Finance, and a B.S. from Pennsylvania State University, where he majored in Finance and Economics. He is also a member of the Turnaround Management Association and the Association for Corporate Growth.

Featured Transactions

Financial Advisor, Family-Style Restaurant Chain: Led a 100-location chain of family-style restaurants operating in the Pacific Northwest with approximately $160 million of revenue and $10 million of EBITDA through an out-of-court settlement that involved a new capital structure and improved enterprise value.

Financial Advisor, JT Walker: Completed a $100 million transaction that financially restructured a $400 million fully-integrated manufacturer of vinyl and aluminum windows, doors, screens, and related products during an economic downturn.

Financial Advisor, Home Market Foods: Completed an out-of-court restructuring that involved $30 million of new Senior Credit Facilities, the restructuring of $10 million of existing Senior Secured Equipment Notes and Leases, the restructuring of $5 million of Seller Notes, the elimination of $18 million of Subordinated Notes, and the pay off of approximately $20 million of Senior Secured Notes.

CRO, Piccadilly Cafeterias, Inc.: Restructured the turnaround and sale of the business at a 50% premium over the initial “stalking horse” bid negotiated prior to filing bankruptcy.

Financial Advisor, Leading Provider of Electronic Manufacturing Services: Refinanced and recapitalized a $250 million business that involved $55 million of new credit facilities.

COO, UniCapital Corporation: Built consensus and coordinated the overall sale of the business through bankruptcy that involved a final settlement with the various constituents in the case.

Financial Advisor, Kellstrom Industries, Inc.: Led the company through restructuring after the event of September 11, 2001. This resulted in the emergence from bankruptcy in fewer than 120 days as a privately owned company, with the existing management running the business and having a sizable equity position in the new company.

Office: (610) 358-4700

Mobile: (215) 275-7110

Office Location: Ft. Lauderdale, Philadelphia

Years with Phoenix: 23

Years of Experience: 23

Let’s create value together.

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