Mark Berger
Managing Director
Mark Berger is a Managing Director at Portage Point. He specializes in interim management roles and advising companies during operational turnarounds and financial restructuring processes. His primary areas of focus include financial reporting, treasury, bankruptcy administration, supply chain optimization and business plan development related roles.
While at Portage Point, Mark served as an interim Chief Financial Officer for a $500 million revenue value-added industrial distributor. He also served as an independent sale process manager for a $200 million revenue tier one automotive supplier and as financial advisor to a $100 million revenue tier one automotive supplier. Prior to these engagements, Mark served as financial advisor for a financial services related company in its out-of-court restructuring and as financial advisor to a global $1 billion tier one automotive supplier during its in-court restructuring. He also served as Chief Restructuring Officer for a public global drilling company based in Canada which he led through a CCAA process. In this engagement the Board of Directors granted Mark full financial and operational control of the business.
Prior to joining Portage Point, Mark represented various stakeholders as a Senior Director at Ankura Consulting Group. Most recently at Ankura, Mark worked on the Puerto Rico Electric Power Authority (PREPA) restructuring where he helped craft its fiscal plan and led operational improvement identification and implementation work streams. Prior to that, he led the contingency planning and business plan development for a large cap Skilled Nursing Facility operator during its out-of-court restructuring.
Prior to joining Ankura, Mark was a Director in Alvarez & Marsal’s North American Commercial Restructuring Practice where he represented clients in various industries, including pulp and paper, glassware, manufacturing, tire recycling, transportation, retail, aerospace and media. While at Alvarez & Marsal, Mark supported management teams on all financial and operational aspects of in-court and out-of-court turnarounds and restructurings. He supported the Chief Financial Officer at a $500 million tier one aerospace supplier in establishing a new finance organization after its assets were sold out of bankruptcy. Mark also worked closely with management teams and private equity clients to perform financial due diligence of potential acquisitions and assess business plans in the manufacturing industry.
Mark began his career establishing a treasury organization for a global $2.5 billion manufacturer of rotating equipment solutions to the oil, gas, petrochemical, power and process industries as part of a highly successful carve-out leveraged buyout.