Restructuring & Turnaround.
A Unique Approach.

Our Vision

We are redefining the role of a restructuring and turnaround advisor.

Restructuring is a complex field, where outcomes are determined by the convergence of financial, legal, and business considerations.

Our founders possess a distinct skillset that enables them to balance the complex issues that arise in any restructuring and to guide our clients to optimal outcomes.

We take pride in our ability to see the big picture and to find creative and pragmatic solutions to the most difficult situations.

We make the best use of technology and deploy our professionals with purpose and precision.

As a result, our clients benefit from sophisticated advice and execution, delivered in an efficient and value-maximizing manner.

What We Do

Restructuring

Restructuring and Special situations

Our core expertise is guiding our clients through the complexities of in-court and out-of-court distressed situations while acting in a CRO or advisory capacity.

Interim
Management

Interim management

We are well equipped to step into any C-suite role to assist companies in their turnaround efforts, to guide them in creditor negotiations, or assist them in executing strategic alternatives.

Operational
Turnarounds

Operational Turnarounds

With more than 20 years of operational and advisory experience, we provide expert assistance with any operational task, especially those that demand in-depth analysis or present execution challenges.

Litigation

Litigation-Driven Distressed Situations

When distressed situations are further complicated by ongoing or threatened litigation, our expertise in assessing legal outcomes helps our clients make informed decisions.

Our Philosophy

We See The Big Picture

We often observe that the lack of a clear path and the absence of coordination among disparate groups of restructuring professionals lead to inefficiencies and higher costs for all stakeholders. We think of our role as akin to that of a captain hired to steer a ship toward a strategic destination. That is why we begin by taking a high-level view, and only then zero-in on the important details.

We Identify Key Issues

Our skills and experience enable us to view every situation from multiple angles. We are not afraid to ask questions, and we do not confine ourselves to one “lane.” By focusing on key issues, we lead clients to more efficient outcomes.

We Act with Confidence and Precision

When advisors understand a client’s business and conduct a thorough analysis of the issues at hand, they instill confidence in clients and counterparties. That is why we are methodical in our approach and will never churn out “work product” for the sake of “getting something out.” But when we make recommendations or act on behalf of a client — we do so decisively.

We take a long-term view

Many so-called “chapter 22” filings result from the après moi, le déluge attitude or kicking the proverbial can down the road. We believe in fixing things for the long term rather than creating a backlog of future distressed engagements with the same company.

We communicate directly

Whether in the boardroom or on a loading dock, people appreciate authenticity. That could mean asking uncomfortable questions or expressing unpopular opinions. We are not afraid to speak truth to power and be the “bad cop” when it benefits our clients, stakeholders, or processes that we have been entrusted to manage.

We treat clients’ resources like our own

While the old adage that a consultant would rather spend a day than spend five minutes on a task may hold true for some, it does not apply to SRV Partners. We adopt a business owner’s mindset toward both our time and our clients’ budgets.

Our Professionals

Restructuring and turnaround

Arkady Goldinstein

Arkady Goldinstein

agoldinstein@srv-partners.com

t: 201-490-1107 

Arkady Goldinstein

Arkady is the founder and Managing Director at SRV Partners. He is a veteran of two of the leading firms in the restructuring field, Alvarez & Marsal and Weil Gotshal & Manges. He has extensive experience advising companies and various stakeholders in complex restructurings and turnarounds.

Most recently, Arkady served as Interim CFO of CariD (f/k/a Parts iD, Inc.), guiding the company through a prepackaged chapter 11 reorganization and its subsequent turnaround efforts.

Prior to founding SRV Partners, Arkady participated in major restructurings, including those of Revlon, Sears, Ditech, Tops Markets, Abengoa, Green Field, and School Specialty. His expertise spans a broad range of industries, including financial services, retail (online and brick-and-mortar), telecommunications, consumer products, oil & gas, and construction.

Throughout his restructuring career, Arkady has focused on complex situations and key issues, where his analytical skills and strategic focus have enabled him to deliver tangible results to his clients.

Arkady began his career in investment banking helping to execute transactions involving leveraged real estate portfolios and loan securitizations. He subsequently co-founded and managed one of the first independent high-speed internet service providers in New York City.

Arkady holds a BS in Economics from the Wharton School of the University of Pennsylvania and a JD from the University of Pennsylvania Carey Law School. He resides in the Saddle River Valley region of northern New Jersey with his wife and two daughters.

Senior advisors

Thomas E. "Ted" Doster IV

Thomas E.

tdoster@srv-partners.com

t: 201-490-1147 

Thomas E. "Ted" Doster IV

Ted is a Senior Advisor at SRV Partners and brings his wealth of experience to provide strategic guidance to the firm. Ted is the founder and managing partner of Eight Bar Partners, a special situations investment firm formed by the purchase of a portfolio of assets from Morgan Stanley’s Principal Investment arm (MSPI).

Prior to founding Eight Bar Partners, Ted spent over 20 years in various leadership roles at Morgan Stanley including the head of the Global Workouts group and the head of MSPI.

Ted began his career at Goldman Sachs, where he became the first dedicated distressed debt analyst at the bank’s loan trading desk.

Ted holds a BS in Applied Economics and Business Management from Cornell University.

Other professionals

Michael Ulitskiy

mulitskiy@srv-partners.com

t: 201-490-3872 

Michael Ulitskiy

Michael is a Director in charge of Technology and Data Analytics at
SRV Partners. Michael oversees the firm’s advanced technological capabilities and is involved in client engagements that require IT expertise.

For over 20 years, Michael has played an important role as head of technology and chief software architect at a New York–based telecommunications and managed IT services provider. He also has extensive experience in network design and system administration.

Michael holds a degree in electrical engineering from the Dnepr University in Ukraine.

Glynne P. Howland

gphowland@srv-partners.com

t: 201-490-1136 

Glynne P. Howland

Glynne is a Director at SRV Partners, where she takes on interim Controller and other financial reporting roles in the firm’s restructuring and interim management engagements.

Glynne has extensive experience acting, on an interim or project basis, in accounting and financial reporting roles. Prior to joining SRV Partners, Glynne acted in various capacities on engagements at Outward Hound, Alamo Concrete, Entrust Energy, Marathon Petroleum, RR Donnelley, M2Global, and many others. Her experience spans situations ranging from helping implement startup plans, to post-M&A integration of legacy systems, to court-supervised and out-of-court restructurings. Glynne began her professional career at Grant Thornton.

Glynne holds a BA in English and an MBA in International Finance from Trinity University. Glynne is fluent in Spanish.

Eugene Furman, Ph.D.

efurman@srv-partners.com

t: 201-490-1149 

Eugene Furman, Ph.D.

Eugene is a senior data scientist focusing on developing programmatic models that streamline complex analytical tasks for SRV Partners’ engagements. His expertise in machine learning and mathematics is complemented by extensive experience in research and education.

Eugene's work has been published in top-tier business journals, and he teaches quantitative methods and AI methodology to graduate-level business students.

Eugene holds a Ph.D. in Operations Management from the Schulich School of Business and an MA in Applied Mathematics and Probability Theory from York University.

SRVP DEALSIGHT ™

SRVP DEALSIGHT ™ discusses major developments in the field of restructuring, turnarounds, and special situations and offers unique insights typically found in confidential memos and proprietary research.  Opinions expressed are solely those of SRV Partners, LLC and do not constitute financial, investment, or legal advice.

Downloads

Carvana Debt Restructuring (August 2023)

Subscribe to SRVP DEALSIGHT ™