Professional Team Joseph Nappi Professional Team

Joseph Nappi

Managing Director

Years of Investment Banking Experience: 15
Office Location: Boston
Office Phone: (617) 600-3602
Mobile Phone: (617) 699-1536
Email: jnappi@phoenixcapitalresources.com
vCard: Joseph Nappi.vcf

Joe Nappi is a Managing Director at Phoenix Capital Resources and a seasoned professional in the restructuring industry with over 15+ years of experience in special situations transactions. He has led and assisted many middle market companies in a variety of roles including: investment banker, turnaround manager and commercial lender. He has been involved in numerous transactions involving a wide range of outcomes including: complex operational and/or financial restructurings, capital raising and buy/sale mandates in North America and Europe. Clients have ranged across several industries and business environments including: public, private, family-owned, start-up and private equity sponsored companies. Mr. Nappi’s specific expertise includes operational and financial restructuring, refinancing, capital raising, complex balance sheet restructuring and Mergers & Acquisitions both in and outside the prevue of Chapter 11 proceedings.

During his career, Mr. Nappi worked with a manufacturer of clean-tech for Gas Turbines deleveraging the balance sheet, taking the Company private and successfully selling the Company to a strategic buyer. The teams efforts were recognized at the M&A Advisor sixth annual awards as “Cross-Border Deal of the Year” and the “Divestiture Deal of the Year”. Mr. Nappi was also instrumental in the financial restructuring of a $100 million Multi-Industry Holding Company. The Company, suffering large pension liabilities, employed several recommended cost savings initiatives to bring an underperforming division back to profitability after years of losses. This allowed the company to refinance its senior debt and raise additional growth capital. Mr. Nappi also served in an advisory capacity for a $50 million 17-unit restaurant chain successfully completed a 363 sale satisfying the senior debt and providing for an ongoing business post emergence.

Mr. Nappi was instrumental in the recapitalization efforts of a $250 million circuit board manufacturer raising $55 million of new loan facilities including a syndicated asset based revolver, mezzanine debt and additional subordinated debt.

Mr. Nappi has managed multiple operations in Assignments for the Benefit of Creditors (“ABC”), including an injection mold manufacturer and biomedical software technology company. Both cases resulted in the constituents receiving a maximum value for the assets during the insolvency sale process.

Mr. Nappi served as the financial advisor to a $62 million specialty chemical products company with over 120 specialty chemical products for the personal care and industrial markets. During this assignment the Company raised $20 million of new debt instruments including an asset based revolving line of credit and mezzanine capital.

In addition, Mr. Nappi has led many M&A pre-transaction related due diligence, quality of earnings and business assessments companies in a wide variety of business circumstances, industries and transaction types. These roles have included one of the largest transportation companies in the United States, a $90 million metal tubing company with US and UK operations, and a $90 million automotive large to midsized welded assembly and prototyping company. He has served in interim management roles including Chief Restructuring Officer (CRO) and CFO in companies ranging from multi-state towing companies to multi-national architectural and engineering firms.

Prior Experience

Prior to joining Phoenix, Mr. Nappi was a portfolio manager at FleetBoston Financial, focusing on middle market companies, underwriting new loans from $5-250 million and managing a loan portfolio in excess of $500 million. He was responsible for several aspects of the underwriting process and monitoring the portfolio’s performance. Prior to joining Fleet, Mr. Nappi held various portfolio and analytical positions at the Chase Manhattan Bank.

Education/Affiliations

Mr. Nappi graduated cum laude from Babson College with a B.S. in Financial Investments and a minor in Management Information Systems. He is also an active board member of the Turnaround Management Association and chairman of the Northeast Chapter NextGen committee. Co-Authored an article in the ABI Journal titled: “Post-Acquisition, Post-Merger: Driving Value through Synergy”. Mr. Nappi is registered with FINRA and holds his Series 79 license.