New Partners Enhance Restructuring, Performance Improvement and Litigation Services
NEW YORK, October 1, 2023 — Novo Advisors, a premier turnaround consultancy serving middle market firms, is proud to announce the expansion of its office in New York. Representing clients nationally from its Chicago headquarters and offices in Philadelphia, Minneapolis and Nashville, the growth in New York further extends the company’s services into the Northeast region.
Joining Novo Advisors to lead the effort to develop its business there are two New York-based experts, Matt Cohn, Partner, with 25 years’ experience managing both in-court and out-of-court restructurings, managing liquidity and developing business plans; and Rob Vanderbeek, JD, Partner, with more than 30 years of restructuring, performance improvement and due diligence as well as litigation, valuation and forensic experience. Both have successfully managed restructurings, Chapter 11 bankruptcies, sales processes and a host of financial matters for clients in numerous industries.
Highly regarded for the services provided by its seasoned consultants, the addition of Matt and Rob to the Novo roster fits the company’s long-term growth strategy.
“Both Matt and Rob bring unique talents to Novo. Matt’s restructuring and CRO experience and his extensive background with municipalities brings strength to our existing team as well as new capabilities in public finance. Rob’s background as an attorney, his work as a COO, in performance improvement and forensic analysis for complex cases will be extremely valuable to clients,” said Sandeep Gupta, Novo Advisor Managing Partner. “Having these two new experts onboard significantly enhances our bench strength.”
New York and the Northeast region are vibrant business centers. We are excited to bring our talents as trusted, collaborative partners to companies based there with our expanded team.”
Sandeep Gupta
Managing Partner, Novo Advisors
Matt and Rob join the current Novo team in the Northeast: Kevin Neuman, Principal and also based in New York, is a 30-year healthcare industry expert and successful entrepreneur specializing in operational improvement, financial stability, technology and analytics. Claudia Springer, Principal and head of the Philadelphia office, is an award-winning restructuring and bankruptcy attorney and mediator recognized for her strong business acumen.
“New York and the Northeast region are vibrant business centers. We are excited to bring our talents as trusted, collaborative partners to companies based there with our expanded team” said Gupta.
Founded in 2012, Novo Advisors is a business transformation partner specializing in turnarounds and restructurings, performance improvement, operations, transaction advisory, dispute resolution and interim management services. The company offers clients rapid, customized solutions based on an immersive understanding of their business and financial issues, and the opportunity to work with a team of senior-level industry pros dedicated to delivering value every step of the way.
About Novo Advisors
Novo Advisors specializes in business turnaround and performance improvement focusing on the middle market ($50 million – $1 billion in revenue annually). As businesses hit critical inflection points, Novo provides expertise and a fresh perspective to navigate these challenges. Through immersion, listening, and analysis, the team works to understand a business and tailor solutions to drive sustainable change. The Novo team, drawn from top-tier firms, combines extensive experience in financial planning, data analytics, and operational roles. With a commitment to collaboration and high standards, Novo Advisors consistently achieves optimal outcomes for its clients.
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Media Contact:
Novo Advisors
media@novo-advisors.com
(312) 961-2565
