CHICAGO–(BUSINESS WIRE)–The Claro Group (“Claro”) welcomes Bill Fasel as Managing Director to the Corporate Finance & Restructuring Services practice. Mr. Fasel will be based in Claro’s Chicago office and will leverage the firm’s complex expertise in litigation, investigations and insurance claims to provide turnaround and restructuring services, performance enhancement and advice to underperforming and distressed businesses and their creditors, lenders and other key constituents.
Mr. Fasel has over 25 years of experience advising multinational and middle market clients on corporate restructuring, corporate transformation, corporate finance and strategic advisory. He has provided a range of financial advisory and mergers and acquisitions services to corporations, debtors, lenders, unsecured creditors and private equity firms.
Mr. Fasel has led numerous assignments related to assessing and improving short-term liquidity, creating and analyzing turnaround plans, assisting clients with recapitalization transactions and mergers and acquisitions and conducting due diligence investigations.
Managing Director and Practice Leader Doug Brickley expressed his enthusiasm for this strategic addition, saying, “We are excited to expand our Corporate Finance and Restructuring Services practice into the Midwest, and very excited to welcome Bill to our team. Bill’s extensive experience serving clients in a variety of industries on turnaround initiatives, crisis management and corporate finance matters will be essential in increasing our restructuring capabilities both locally and nationally and driving the Claro’s strategic growth.
Prior to joining Claro, Mr. Fasel held senior positions with several professional services firms, including Grant Thornton’s corporate finance group, PwC’s corporate restructuring services practice, the Deloitte’s Corporate Restructuring Group and the Huron Consulting Group.
About Claro: Founded by former partners of the Big 5 accounting and consulting firm, The Claro Group, LLC (“Claro”) is a highly respected private financial and economic advisory firm. Claro provides analysis and solutions in high-stakes litigation, investigations, insurance claims, corporate financing and restructuring, government contracts, and the technology solutions that support them. Our offices are located in Chicago, Houston, Los Angeles, Washington, DC and Austin.