Mercanti Announces Tom Clerkin to Lead Restructuring Practice

LOS ANGELES--(BUSINESS WIRE)--The Mercanti Group announces the addition of Thomas P. Clerkin as a managing director in the firm’s Los Angeles office. Tom joins Mercanti with over 25 years of industry experience, most recently as a partner at private equity firms Yucaipa Companies and Leonard Green & Partners, LLP.

“The economic climate has changed dramatically over the past year and Tom brings with him qualified restructuring expertise that adds significantly to Mercanti’s range of advisory services,” said Jim D’Aquila, managing director of Mercanti. “I have known Tom personally and worked with him for many years. His talent for executing successful transactions is remarkable, evidenced by the over $50 billion worth of advisories, financings and restructurings he has under his belt. We are pleased that he has chosen to continue his impressive career with Mercanti.”

During his investment banking career, Tom served as the Co-Head of the West Coast Mergers & Acquisitions practice of DLJ/CSFB, Head of the Los Angeles Corporate Finance Group of Bear, Stearns & Co. and Global Co-Head of the Financial Sponsors Coverage Group of Bear, Stearns & Co. He started his investment banking career at Drexel Burnham Lambert Incorporated where he was a managing director in the firm’s leveraged acquisition group. In addition to acquisition and financing transactions, Tom has advised debtors, creditors (including labor unions) and potential third-party sponsors of reorganization plans or acted as a principal in a wide range of out-of-court and in-court restructurings, including Americold Logistics, UAL (the parent of United Airlines), Venture Holdings, Cyrk, Renaissance Cosmetics, Lone Star Cement, Circle K Corporation, Kaiser Aluminum, Elsinore Corporation, Tel-Am Corporation and World Airways.

Tom received a BA from Colgate University, a JD from Seattle University, a LLM from New York University and a MBA from Columbia University. Tom also is a member of the State Bar of California.

A full copy of Tom’s biography can be found at www.mercantigroup.com or Tom can be reached at 310.444.0130 x223 or tclerkin@mercantigroup.com.

About The Mercanti Group

The Mercanti Group is a results-oriented boutique financial advisory firm that embraces a fierce commitment to client service and provides creative Merger & Acquisition, Capital Raising and Strategic Advisory solutions to small and middle market companies, private equity firms and individual business owners in the consumer, health care, technology, business services and manufacturing industries. Mercanti offers companies the expertise and capabilities of a large investment bank with the focus, attention and energy of a small entrepreneurial firm. Mercanti has offices in Minneapolis, Los Angeles and New York. Mercanti also is strategically affiliated with Marquette Financial Companies, a diversified financial services company which is a part of the Pohlad family holdings. If you would like more information on The Mercanti Group, please visit the Web at www.mercantigroup.com, or contact a Mercanti professional at 612.333.0130 (Minneapolis); 310.444.0130 (Los Angeles); or 212.883.0130 (New York).