He specializes in turnaround and restructuring advisory, concentrated in sub-acute care, dental and laboratory companies.
Most recently at A&M, Mr. Arrowsmith served as Chief Restructuring Officer for Health Diagnostic Laboratory, Inc., an esoteric laboratory testing company operating under Chapter 11 bankruptcy protection (E.D. Va., Case No. 15-32919-KRH) and continues to serve the HDL estate as Liquidating Trustee. Additionally, he acts as Creditor Advisor in the wind-down and sale of Atherotech, Inc., a clinical laboratory based in Birmingham, AL, was appointed receiver for Satori Waters, a behavioral provider based in West Palm Beach, and led the team that successfully avoided a nine-figure appeal bond based on ability-to-pay for a large nursing home operator; the judgment was subsequently voided at the trial court level.
Mr. Arrowsmith brings more than 23 years of creditor workout experience, including 12 years with the leader in the healthcare lending space - GE Capital Healthcare Financial Services. During his time at GE, he led the restructuring efforts on behalf of GE Capital related to their $600 million loan portfolio to Sunwest Management and affiliates, a multi-state assisted living owner and operator that filed for Chapter 11 bankruptcy. He also led the Chapter 11 process for the Highgate Management portfolio of nursing homes through an extended 363 sale and New York State licensure process. Mr. Arrowsmith worked with clients across various industries, including dental, managed care, senior living, skilled nursing as well as many commercial real estate and equipment leasing portfolios. Mr. Arrowsmith also led the restructuring of the Devonshire CCRC in Palm Beach Gardens, a $160 million syndicated senior secured credit facility acquired from Merrill Lynch Capital.
Prior to joining A&M, Mr. Arrowsmith spent two-and-a-half years with Hudson Americas, an affiliate of Lone Star Funds, where he served as Senior Vice President managing the nine-person Asset Recovery team and directly managed all the loan assets in the portfolio that were in bankruptcy.
Mr. Arrowsmith earned a bachelor’s degree in finance from the University of Maryland and a master’s degree from American University. He is a member of the American Bankruptcy Institute.