Senior Managing Director & Shareholder
Years with Phoenix: 18
Years of Transaction Experience: 20
Office location: Philadelphia, PA
Mitch Arden is a Managing Director and Shareholder at Phoenix, and is recognized on a national level for his operational skills and ability in assisting troubled and transitional companies. He has led and participated in more than 125 client engagements in a multitude of industries, including: manufacturing, wholesale and retail distribution, transportation, utilities, food service, and a variety of service-related enterprises.
Mr. Arden has an extensive background working with public and privately owned companies in the areas of turnaround management, crisis management, operational improvements and efficiency, business strategy, short and long-term planning, distribution, inventory management and control, cash flow forecasting, financial oversight and financial management. Mr. Arden has successfully assisted a large number of clients with obtaining new or expanded credit facilities or alternative sources of capital. He has also assisted a variety of Phoenix clients with their merger and acquisition activities. In addition to his advisory expertise, Mr. Arden has served in interim operational and financial management positions with a broad array of Phoenix clients, including roles as Chief Executive Officer, Chief Operating Officer, Chief Restructuring Officer and Chief Financial Officer.
Phoenix Capital Resources Experience
- Recapitalization
- Refinancing
- Expansion/Growth Financing
- Equity Raise
- Management of §363 Sales Process
- Out-of-court Bankruptcy Auctions
- Divestitures
- Select Buy-side Engagements
- Balance Sheet Restructurings
Selected Capital Advisory Transactions
Served as the financial advisor in the refinancing of a $22 million credit facility for a Midwest-based manufacturer
Served as the financial advisor in the sale of one of the largest U.S. based leather tanning and finishing businesses
Served as the financial advisor in the refinancing of a $13 million credit facility for a manufacturer/wholesaler that sold to large retailers throughout the United States
Served as the financial advisor in the cash sale of a large manufacturer of high-end sporting and fishing equipment
Served as the financial advisor and managed the process that resulted in the §363 sale of the assets of a large publisher of children’s books to a strategic buyer
Served as the financial advisor and led the process of selling the assets associated with an importer and distributor of satellite and direct broadcast components
Industry Experience
- Apparel
- Automotive
- Consumer Products
- Direct Mail
- Convenience Stores
- Electrical Products
- Firearms
- Food and Beverage
- General Building Construction
- Information Technology
- Jewelry
- Local Transportation
- Machinery
- Measurement and Instrumentation
- Metal Products
- Oil, Petroleum and C-Stores
- Paper Products
- Printing
- Private Equity Fund
- Publishing
- Restaurants
- Security and Other Services
- Technology
- Telecommunications
- Utility
Prior Experience
Prior to joining Phoenix Management, Mr. Arden served as Senior Vice President and Chief Financial Officer of TransEuro Group, Inc., a multi-location importer and distributor of automotive replacement parts. Before joining TransEuro Group, he served as Assistant Corporate Controller of The Horn & Hardart Company, a $550 million AMEX company principally engaged in restaurant management, direct marketing operations and hotel/casino management. Mr. Arden began his professional career in 1981 with the Big Eight public accounting firm of Touche Ross & Co. (now Deloitte & Touche).
Education/Affiliations
Mr. Arden earned his B.A. from Glassboro State College (now Rowan University) in 1981. He is active in a large number of industry-related organizations, including the Turnaround Management Association (TMA), Association for Corporate Growth (ACG), Commercial Finance Association (CFA), American Bankruptcy Institute (ABI), and the Risk Management Association (RMA). He has served on the National Board of Directors of the TMA, and currently serves as a Board Member of the Philadelphia Chapter of the TMA. Mr. Arden also serves as a member of the Governing Board of the Education Foundation of the Commercial Finance Association and has served as a member of the Advisory Board of the annual American Bankruptcy Institute – Mid-Atlantic Bankruptcy Workshop. Mr. Arden is a Certified Turnaround Professional (CTP).
Contact
(610) 358-4700 phone
(610) 358-9377 fax
(610) 659-8500 cell