Mr. Papai focuses on business plan development, liquidity management, and diligence administration. His experience spans the automotive, chemicals, construction, energy, healthcare, manufacturing, retail, casual dining, and technology industries. Notable engagements include work for a $2 billion casual dining chain, where he managed liquidity models, developed the business plan, completed a four-wall store analysis, oversaw rent reductions, and implemented closures across a 600+ store portfolio. For a $1 billion energy refining company, he managed liquidity models and treasury functions, completed class recovery and liquidation analyses, and oversaw diligence processes. For a $1.2 billion retailer, he developed the business plan, built transaction models for stakeholder negotiations, and supported liquidity management. For a $300 million healthcare company, he raised $75 million in capital by developing the company’s business plan, negotiating terms and covenants with lenders, and supporting interested party diligence.

Mr. Papai’s other restructuring experience includes out-of-court restructuring for a $350 million manufacturing company that reduced its debt by $200 million and annual interest expense by $20 million. For a $400 million chemical manufacturing company, he managed the winddown of Georgia’s largest chemical plant with an $85 million decommissioning plan. After identifying funding sources such as monetizing working capital, stakeholder settlements, and asset sales, he also managed liquidity, provided financial reporting to creditors and stakeholders, and oversaw the Chapter 11 filing. For the operational turnaround of a non-distressed $10 billion aluminum manufacturer, he built models analyzing capital structures, working capital, cash flows, liquidity, and off-balance-sheet financing programs. 

Before joining A&M, Mr. Papai worked at The Blackstone Group as a Research Analyst focusing on early-stage diligence, modeling, and ad hoc analysis for investments and advisory mandates in North America, Europe, South America, Asia, and the Middle East.

Mr. Papai graduated with a bachelor’s degree in finance and accounting from Quinnipiac University in Connecticut. He is a member of Beta Gamma Sigma and the Turnaround Management Association.