FOR IMMEDIATE RELEASE
April 10, 2007
Contact: Richard John, (813) 281-0062
Tampa, FL, April 10, 2007 – J. Tim Pruban, President of Focus Management Group, announced today that Michael P. Grau has been named a Managing Director of the nationwide restructuring firm. With a strong background leading turnaround and restructuring engagements in diverse industries, Mr. Grau will help foster the firm’s support of its clientele and will also lead its business development efforts in the Midwest and Northeast United States.
“Mike has almost two decades of experience in the finance industry and brings a wealth of knowledge, hands on turnaround leadership and longstanding business relationships to Focus Management Group,” said Mr. Pruban. “We are excited to appoint him to this role as we continue our steady growth in the marketplace.”
Mr. Grau brings to Focus Management Group over 19 years experience in the areas of turnaround management consulting, accounting and commercial lending. Prior to joining Focus, he served as Managing Principal and Co-Founder of a boutique management consulting firm specializing in corporate recapitalization, troubled debt restructuring, merger & acquisition financing and turnaround management.
Mr. Grau is a Certified Public Accountant with a Bachelor’s degree in Accounting from Miami University. He can be reached at (440) 315-0478 or at m.grau@focusmg.com. He is the member of the Turnaround Management Association and the Association for Corporate Growth.
About Focus Managment Group
Focus Management Group offers nationwide capabilities in business restructuring, turnaround management and asset recovery. Headquartered in Tampa, FL, with offices in Atlanta, Chicago, Greenwich, Los Angeles and Nashville, Focus Management Group provides turn-key support to stakeholders including secured lenders and equity sponsors. The Company provides a comprehensive array of services including turnaround management, interim management, operational analysis and process improvement, bank and creditor negotiation, asset recovery, recapitalization services and special situation investment banking.
Over the past decade, Focus Management Group has successfully assisted hundreds of clients operating in diverse industries, guiding them to maximize performance or asset recovery. Adverse situations are Focus Management Group’s forte – finding winning compromises in a timely manner when faced with the most discouraging of circumstances is what separates Focus Management Group from the competition.