Recently, Mr. Hanson served as restructuring advisor to an international oil and gas company in support of a prepackaged chapter 11 proceeding. Prior to that assignment, Mr. Hanson led the planning activities for a potential chapter 11 filing by a Houston-based construction group. In this role, Mr. Hanson oversaw the compilation of all data required to file first-day pleadings and coordinated departmental activities to mitigate disruptions to operations following the filing. To facilitate an eventual out-of-court restructuring, Mr. Hanson coordinated due diligence activities for the debtor along with multiple legal and financial advisors retained by the succeeding financial sponsor.
Previously, Mr. Hanson served as interim CFO for a $200 million sponsor-backed wellsite tank manufacturer. Mr. Hanson coordinated the debtors’ activities related to an out of court debt-for-equity exchange of $175 million bond principal. Key restructuring activities included developing the Company’s three-year annual operating plan, negotiating credit amendment terms with its asset-based lender (ABL) and overseeing due diligence.
Mr. Hanson Served as a financial advisor to, a $350 million manufacturer of electronic control devices for large-scale industrial engines and power equipment. During the engagement, he supported the company throughout all aspects of the bankruptcy process, including developed liquidity forecasts to manage operations, secured debtor-in-possession financing and oversaw due diligence activities related to the §363 sale of the debtor’s businesses.
Mr. Hanson earned an MBA from Boston College and a bachelor’s degree in accounting from the University of Richmond. He also is a Certified Insolvency & Restructuring Advisor (CIRA).