Professional Team Mark Karbiner Professional Team

Mark Karbiner

Senior Director

Years of Investment Banking Experience: 13
Office location: Chadds Ford, PA
Office Phone: (610) 358-4700
Mobile Phone: (610) 389-5769
Email: mkarbiner@phoenixcapitalresources.com
vCard: Mark A. Karbiner.vcf

Mark Karbiner joined Phoenix in May 2003, and has worked with a variety of public and privately held middle market companies providing capital advisory and turnaround management advisory services in diverse industries including: distribution, manufacturing, retail, pharmaceutical, restaurant, frozen foods, automotive, aircraft and parts, technology, business services, consumer products, direct mail, healthcare, paper products, specialty chemicals, telecommunications, and clean energy.

Mr. Karbiner focuses his time primarily with Phoenix’s capital advisory group, Phoenix Capital Resources (PCR), where he has advised middle market companies on a wide range of transactions in and out of Chapter 11, including mergers and acquisitions, plans of reorganization, and financial restructurings, as well as the private placement of senior and subordinated debt. In addition to his investment banking expertise, Mr. Karbiner has gained significant experience over a 10-year period at Phoenix working on-site with Phoenix Management Services clients providing turnaround management, crisis management, interim management, operational assessments, financial forecasting, cash management, strategic advisory, bankruptcy advisory, liquidation/business wind down, due diligence reviews, and litigation support.

Some of Mr. Karbiner’s representative engagements include serving in an interim executive management position for a 145-location restaurant chain and assisting in the §363 bankruptcy sale of the client’s assets to a private equity investor for $80 million. Mr. Karbiner also advised a specialty chemical manufacturer in refinancing its $35+ million senior credit facility under severe time constraints.

Mr. Karbiner was instrumental in the recapitalization of Home Market Foods, a $100 million premium food and meal solutions provider with a substantially over-leveraged balance sheet and minimum collateral value.

Mr. Karbiner’s work on this complex recapitalization provided the client with substantial new working capital and availability at closing, enabled the client to de-leverage its balance sheet by more than 40% outside of bankruptcy, and allowed the owners to retain majority ownership of the business while eliminating certain personal guarantees. In recognition of the team’s efforts for the Home Market Foods recapitalization, PCR landed two prestigious awards for outstanding achievement in the middle market at the second annual M&A Advisor Awards.

Phoenix Capital Resources was the winner in the award categories of:

  • Industry Deal of the Year Category: Manufacturing: Business to Consumer Deal of the Year
  • Professionals of the Year Category: Middle Market Financing Agent of the Year -- Debt

Mr. Karbiner also worked with the Chief Restructuring Officer during the sale of an international designer, manufacturer and supplier of proprietary clean-tech energy saving and performance-enhancing solutions to the power generation and oil & gas industries. Mr. Karbiner led the due diligence effort on the seller’s behalf. Ultimately, the company was acquired by a major, international strategic buyer, resulting in the majority investors receiving 1.61 times their original note investment as well as a portion of their original equity investment, and the preservation of nearly 125 jobs with no need to liquidate any remaining parts of the business.

In recognition of the team’s efforts for this M&A sale transaction, PCR landed the “Cross-Border Deal of the Year” and the “Divestiture Deal of the Year” for outstanding achievement in the middle market at the sixth annual M&A Advisor Awards.

Prior Experience

Prior to joining Phoenix, Mr. Karbiner was an Analyst in the Investment Banking Group of Fleet Securities in Philadelphia. In this position, Mr. Karbiner worked on over 50 completed transactions for clients ranging from mergers and acquisitions to fairness opinions and corporate valuations. He provided strategic and financial advisory services for clients in industries that included the Internet, cable, manufacturing, retail, distribution, construction, financial services, insurance, business-to-business services, and telecommunications.

Mr. Karbiner began his professional career with Howard, Lawson & Co., a regional investment bank specializing in corporate finance advisory services for middle market companies. He was responsible for preparing investment memoranda and valuations, performing industry benchmarking analysis and research, and participating in due diligence for M&A transactions.

Education/Affiliations

Mr. Karbiner earned a Juris Doctor from Villanova University and a B.A. from Colgate University.

He is a member of the Association for Corporate Growth and the Turnaround Management Association. Mr. Karbiner is registered with FINRA and holds his Series 7, Series 63, Series 79 and Series 24 licenses.