Press Releases
TRG NAMES ETHAN BUYON TO LEAD
EXPANSION OF NEW YORK OFFICE
BOSTON, Massachusetts-Jan. 27, 2004: TRG, a national turnaround consulting
firm, announced today that it has named Ethan Buyon principal in charge
of its New York office.
TRG opened its New York office in 2002 to work more closely with the New
York financial community and build on the firm's growing consulting relationships
in the region. As demand has grown for financial advisory and recapitalizations,
the firm's New York work has focused on restructurings for middle market
distressed businesses, including creditor financial advisory services,
wind-down and liquidation and turnaround management.
"Ethan's addition to our leadership team adds another important
component to our restructuring expertise in New York and enhances our
ability to offer advice that is informed by our extensive turnaround experience,"
said Stephen Gray, TRG founding principal. "His broad experience
in fixed income and equity capital markets, acquisitions and divestitures,
strategic planning and operational assessment strengthens our offering
of comprehensive services to the financial institutions, corporate and
bankruptcy attorneys and private equity sponsors who refer us to their
clients."
Mr. Buyon, 49, brings 23 years of experience in corporate restructuring
and investment banking to TRG. He has extensive transactional expertise
in fixed income and equity capital markets, acquisitions and divestitures,
strategic planning and operational assessment and review. He has served
as an advisor to both debtor and creditor constituencies. In his capacity
as a debtor advisor, Buyon has served as a CRO and has performed complex
valuation analyses, marketed corporate businesses and assets under section
363 and out of bankruptcy and has served as an expert witness. Prior to
joining TRG, he served as a Managing Director for Crossroads, LLC in their
restructuring practice and coordinated their efforts in the media and
telecom, technology and energy sectors. Previously, Buyon was a Director
at TD Securities, the investment banking arm of the Toronto-Dominion Bank
where he specialized in the origination and execution of senior debt,
high yield and M&A in the media, telecom and technology and energy
groups. In addition, Ethan was responsible for the workout of several
of the bank's troubled media and telecom credits. Ethan holds an MPPM
from the Yale School of Management and a BA from Boston University.
Now in its 22nd year, TRG is a leading provider of turnaround, crisis
management, financial advisory and wind-down/liquidation services to distressed
mid- to large-cap businesses, their creditors and investors. Headquartered
in Boston, the firm maintains offices in Charlotte and New York, providing
its services nationally to a wide variety of industries.
The Recovery Group, Inc. www.trgusa.com
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