Comprehensive Operational & Financial Restructuring Solutions
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Operational & Financial Restructuring
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Investment Banking
Difficult Capital Raises
Distressed M&A and Asset Sales
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Executive & Board Advisory
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Interim C-Level Management
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Bankruptcy Advisory
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WE DELIVER OUTCOMES IN SPECIAL SITUATIONS
About Us
"Special Situations" has many meanings and connotations: growing too quickly, loss of a key customer, mismanagement, fatigued lender or equity sponsor, macro-event driven dislocations, litigation, spinoffs, restructurings and other complex circumstances. Every one of these issues are different, but they each have operational AND financial components to manage and common elements on what a should be done first to preserve, and ultimately maximize, value for the business and its stakeholders.
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Our “product” is our skill and expertise in managing all aspects of the situation; delivering the right solutions at the right time. We are a hands-on firm whose professionals have delivered outcomes for hundreds of businesses and stakeholders, with billions of dollars of capital at stake.
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We derive these outcomes through our unique ability to seamlessly deliver BOTH the operational AND financial aspects of an outcome. From stabilizing cash flow and improving business metrics to refinancing/restructuring the capital structure or selling the business or assets– all part of the package we deliver to produce an outcome.
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Efficient - Experienced - Expertise
Leadership
Timothy Hassenger
Managing Director
Tim is a proven executive, having spent more than 25-years managing and improving operations at underperforming companies. Tim’s success has primarily been through his operations-based focus for clients and sponsors, navigating change from inside the management ranks of a troubled company. His expertise in the financial and operational facets of business enables him to add significant value in turnaround situations as he is skilled at resolving complex banking, regulatory and legal issues that exist for many troubled companies. Tim has served in a variety of C-level positions in the aerospace, transportation, construction contractors, consumer products, healthcare, industrial, apparel, and telecommunications industries.
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Tim holds a bachelor’s degree in business administration from the University of South Dakota and an MBA from Pepperdine University’s Graziadio School of Business.
Brad Walker
Managing Director
Brad has over 30-years of experience growing, restructuring, refinancing and rebuilding companies in a variety of industries. These include service, healthcare, oil & gas, alternative energy, manufacturing, distribution, technology, agriculture, retail, food retail, software and internet development. Since 1988, Brad has worked with underperforming companies by leading efforts to develop and implement action plans to improve cash flow, restructure key business units, spinoff nonperforming divisions, and address capital structure and needs, .
Brad has successfully led the growth of emerging companies, the revitalization of mature businesses and multiple financing rounds with banks and equity groups.
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Brad graduated cum laude from Baylor University with a major in Business Administration and minor Computer Sciences.
Jim Call
Managing Director
Jim has over 30 years of experience in corporate finance and operations in companies ranging in size from start-ups to Fortune 100 corporations. He brings a broad perspective from his roles across diverse industries in both financial and operational roles and scope. Jim’s ability to identify key drivers of a business and focus the organization to achieve goals and outcomes enables him to optimize operations and drive enterprise value.
Jim’s industry expertise includes health care, bio-sciences, aerospace, gaming, electronics, cosmetics, manufacturing, and distribution. His public company experience includes Ford Aerospace, Burroughs Wellcome, Arthur Andersen and Neurocrine Biosciences where Jim was Treasurer. Jim has completed over 20 consulting assignments in the past 20 years, in senior management positions as Controller, CFO, and COO. Jim has an intimate working knowledge of operating businesses in public corporate, start-up, and distressed settings, with direct responsibility for finance, accounting, treasury, purchasing, contracts, risk management, strategic planning, and budgeting as well as the legal and financial implications of operating a distressed business.
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Jim holds a bachelor’s degree in Microbiology from the University of Michigan and an MBA in Finance from San Diego State University.
Thomas Streeter
Managing Director
Thomas Streeter is a Managing Director at Riverbend Special Situations Group with over 20 years of experience in structured debt, equity investing, and complex restructuring situations. He has held senior investment roles across private energy, hedge funds, and investment banking, with a strong track record of sourcing, structuring, and executing opportunistic and complex transactions.
Thomas previously served as Co-CEO, CFO, and Co-Founder of a private upstream energy company, where he led multiple acquisitions from several major oil and gas companies and raised over $600 million in debt and equity capital from institutional investors and family offices. He also developed deep relationships with energy-focused banks, and has a comprehensive understanding of their credit and underwriting practices.
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Before that, Thomas held investment roles at Carlson Capital and D. E. Shaw, where he sourced, evaluated, executed and managed strategic, distressed, and credit-focused debt and equity investments. He began his career as an Investment Banking Analyst at Deutsche Bank Securities, focused on major energy-sector M&A and financing transactions.
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He graduated Magna Cum Laude from Rice University with Bachelor of Arts degrees in Economics, Political Science, and Policy Studies.
Brian F. Kowalchyk, CFA
Managing Director
Brian has a significant background in event-driven, "special situations" in lower-to-middle market companies. He has led several distressed investing platforms; focused on the sourcing, diligencing and structuring of prospective investments in the space and has had direct management oversight of portfolio companies as transformative changes were implemented.
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Prior to joining Riverbend, he had a long-tenure as a Principal with a 20+ year-old distressed investing firm with over $500MM AUM; leading its sourcing, marketing and investing activities. Previously, he was a Partner and Portfolio Manager with a Dallas-based hedge fund focused on small-cap equities. Earlier in his career, he served as a Senior Analyst with a regional brokerage firm where he specialized in middle market public equity valuations.
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Brian is a CFA® charterholder and a cum laude graduate of the University of North Texas.
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Chuck Kuoni
Managing Director
Chuck is Certified Turnaround Professional (CTP) and an experienced senior executive having served in numerous operational and financial management roles in private as well as public-reporting companies. Chuck has served as President, CEO, CFO and provided advisory services to companies undergoing transition including balance sheet refinancing, change-of-control transactions and related activities. He has experience in a variety of industries including; steel and paper production, equipment manufacturing, specialty marketing, retail and mining. Recently, Chuck served as the interim CFO for an operator of 180-dermatology practices across the country.
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Chuck has worked on both acquisitions and divestures, leading due diligence and sale preparation processes. In working with companies Chuck has developed and implemented programs to increase revenue and reduce operating costs to drive enterprise value.
Chuck began his career at Arthur Andersen & Co. and has earned the CPA designation but is no longer licensed. He received his B.B.A. from Texas Christian University and his M.B.A. from Kellogg Graduate School of Management – Northwestern University.
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Stuart L. Morton
Managing Director
Stuart Morton is a Partner at Riverbend Special Situations Group, where he leads financial advisory engagements focused on corporate restructurings, reorganizations, and distressed M&A. With extensive experience in investment banking, private capital markets, and turnaround management, he has advised clients through more than $5 billion of complex financial challenges, mergers and acquisitions, and strategic financings.
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Before joining Riverbend, Stuart served as Chief Financial Officer at Rafter J Industries, overseeing a major refinancing and growth initiative in the renewables infrastructure sector. Previously, he was Partner and Managing Director at Skystone Securities, where he guided the firm’s evolution from an energy-focused investment bank to a diversified advisory platform, significantly expanding its client base and transaction volume.
Stuart holds an MBA in Finance and Accounting from Southern Methodist University’s Cox School of Business and a B.S. in Business and Aeronautical Science from Oklahoma State University. He previously held his FINRA Series 63, 79, and 24 licensed, and is also a commercial pilot.​
Thomas McClintock
Managing Director
Thomas McClintock is a managing directors with Riverbend Special Situations Group. Tim is a seasoned senior executive, advisor and fiduciary with more than three decades of experience navigating complex financial, operational, and distressed-asset environments. Known for delivering results in high-stakes situations, he brings deep expertise in bankruptcy processes, asset recovery, judgment enforcement, and strategic advisory engagements across a broad range of industries - including energy, real estate, technology, biotech, telecommunications, consumer products, and automotive. As a result, Tom has excellent background and experience in all aspect of merger and acquisition processes, particularly those in the spectrum of distressed transactions.​
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In addition to his advisory work, Mr. McClintock is also a successful Court-Appointed Pre- and Post-Judgment Receiver, experienced in forensic accounting, cryptocurrency tracing, complex asset recovery, and distressed asset sales. He has provided expert testimony, worked with federal bankruptcy trustees, and acted as a special trustee in high-value recovery matters.
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Prior to Riverbend, Tom served as a Director at MG Capital Advisory Group, a firm formed by the legacy investment banking team of Blackhill Partners. His work spans opportunity identification, deal structuring, and financial advisory support for clients domestically and throughout Asia. He has led efforts in M&A, valuations, restructuring, and early-stage capital raising, while also working closely with FINRA-registered broker/dealer operations to support compliant and successful private placements.
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Tom spent over a decade with Blackhill Partners and Blackhill Advisors, ultimately serving as Senior Vice President & COO. His work included management of the firm’s FINRA-registered broker/dealer division and advisory roles in large-scale infrastructure, power generation, petroleum, and natural gas projects exceeding $20 billion in value. He contributed to numerous major bankruptcy processes - including the American Pad & Paper Company (Ampad) Chapter 11 restructuring - and provided financial advisory support to distressed oil & gas and manufacturing companies. Tom is also the Founder & CEO of Manik Technologies, where he has built a unique international business in motorsports and engineered automotive products.
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Mr. McClintock began his finance career with MG Capital & MG Securities, where he supported merchant banking, investment banking, and restructuring activities dating back to 1996. Prior roles include serving as Vice President at ComTech Associates, a venture-funded telecom infrastructure firm, and as a Market Analyst at The Fennigan Group, a commercial real estate consultancy.
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Mr. McClintock holds a Bachelor of Business Administration with dual degrees in Finance and Corporate Real Estate - and additional concentration in Mechanical Engineering - from the Cox School of Business at Southern Methodist University. Mr. McClintock is licensed as a FINRA Series 79 Investment Banking Representative, Series 82 Private Securities Offerings Representative, and Series 63 Securities Agent.