Matthew Ray; Founder & Managing Partner
phone (312) 533-0645
email mray@pppllc.com

Matthew Ray

Founder & Managing Partner

Matthew Ray is the Founder and Managing Partner of Portage Point Partners where he has served as Chief Restructuring Officer (CRO), Chief Executive Officer (CEO), Chairman, Lead Independent Director, Special Restructuring Committee Chairperson and Strategic Advisor leading wide-ranging transformations and restructurings for both private and public companies. He has led engagements developing and implementing performance improvement plans, strategic alternatives, organizational realignments, operational turnarounds and financial restructurings resulting in significant value preservation and creation for a broad spectrum of stakeholders.

 

Prior to founding Portage Point, Matt co-founded Victory Park Capital where he served as Senior Partner and Member of the Investment, Valuation and Management Committees. He is one of three founding partners responsible for multi-billion dollar asset growth comprising a diversified fund offering including direct lending, private equity, special situations, publicly listed and SBIC vehicles. Matt was primarily responsible for fundamental analysis, transaction execution and portfolio management encompassing direct lending, troubled assets, bankruptcy financings, special situations and control equity investments. He also managed business diligence, financial restructurings and workouts, operational turnarounds, value creation initiatives and strategic alternatives as well as serving in interim executive roles for portfolio companies.

 

Matt has served as a Director on 15 corporate boards in roles of Executive Chairperson, Chairperson, Lead Independent Director, Lender and Investor Representative, Restructuring Committee Chairperson and has substantial committee experience. He currently serves as a Director of Ascent Aviation Services. Matt is also a member of the Dean’s Advisory Council at Indiana University’s Kelley School of Business.

 

Matt and his colleagues have been recognized with numerous awards in connection their successful business transformation and restructuring activities. He is a nationally recognized transformation and restructuring professional having been awarded the Global M&A Network Top 25 Consultant (2022), CTP of the Year by the TMA Chicago Chapter (2018), Top 100 Turnaround & Restructuring Professionals by the Global M&A Network (2018) and 40 Under 40 by The M&A Advisor (2012).

 

Matt holds a Bachelor of Science in Finance from the Kelley School of Business at Indiana University and is a Certified Turnaround Professional (CTP).

SELECTED EXPERIENCE

Khoros
Merriam Webster
Aramex
Republic Services
Time Manufacturing
Insys
Residential Capital Partners
Schumacher Electric
Quality Oil
Safari Energy
Bucaneer Energy
Lifelong Learner
Silver Airways
OAI
Boeing
Motorsport Aftermarket Group
Principle Business Enterprises
Performance Powersports Group
Virtex
Tribe Capital
Sendero Midstream
Lycra
Monongahela Valley Hospital (MVH)
Holy Cross Health
Friendship Village
AIM Altitude
NVT
Tucker
Valentus
Virtus
Yandy
Kognitive
Marana
Vanderbend
United Services Companies
MusclePharm
The Comfy
Naylor
Stubhub
Step2
Rimkus
Kaizen Collision Center
Center for Autism and Related Disorders
GCR
JMB Shipping
TOMS
Islet Sciences
Jansy
Inspirion Delivery Sciences
Innovative Labs
Incipio
Flores
Guy & O’Neill
Global Automotive Systems
Engine Group
Energold group
Eckler’s
Eaglestone Holdings
Dura Automotive
DermaRite
Dawn
Cracker Barrel
Car Outlet
Ceruzzi Properties
Civix
Picture People
China Fishery Group
Beverly Community Hospital Association
Bako Diagnostics
AutoPlus
AppHarvest
Aegion
Advanced Converting Works, Inc.
Alamo Drafthouse Cinemas
Alex and Ani
Benitago
Loot Crate
Voyager
Three Arrows Capital
Tuesday Morning
Triangle Petroleum Corporation
Trax Group
Trans World Entertainment
Teligent
Synergy Pharmaceuticals
StorCentric
Sinai Health
Samus Therapeutics
Rupari
Plastiq
Pipeline Health
Performance Improvement Partners (PIP)
Paragon Metals
Outcome Health
Nelbud Services Group
Myron Corporation
Melinta Therapeutics
MCS
Maurice Sporting Goods
Luminator Technology Group
Intelsat
Hornbeck Offshore Services
Express Jet
Etailz
Eyecare Services Partners
Dayco
Carlson Worldwide Travel
Complete Nutrition
Compute North
Cashman Equipment
Channel Control Merchants LLC
Color Communications
Encyclopedia Britannica
Bridge
Bouchard Transportation Co., Inc.
Big Village
Ascent Aviation Services
APC Automotive Technologies
Alert 360
Healthcare Linen Service Group
Summit Packagaing