Experienced in Corporate Finance with financial and analytical roles
Mr. Kline has extensive experience providing corporate renewal, management advisory, and M&A advisory services to distressed clients. Through various client engagements, Mr. Kline has been appointed receiver and trustee, served as interim CFO, developed business plans, led refinancing activities and sold distressed businesses both inside and outside of bankruptcy.
Mr. Kline is a two-time recipient of the National Turnaround Management Association Transaction of the Year for his roles in the §363 Sale of HEI, Inc. and the Restructuring of Lyman Lumber Companies. Additionally, Mr. Kline’s engagements comprise an array of industries. Projects include:
- Business and financial advisory services for fuel and oil distributor, seed wholesaler, manufacturers, specialty contractors, food processors and distributors, college, and a bakery.
- Accomplishment: Assisted $1.6 billion dairy processer with interim CFO duties, including cash flow projections, ROI analysis and operational enhancements. Led the financial analysis of two facility expansions and the refinancing of their $150 million credit facility to fund the expansion.
- Restructuring and reorganization advisor to construction suppliers, real estate developers, printing, retail, chemical manufacturing, religious institutions, casino, metal recycling, Tier I automotive supply, wholesale distribution, restaurants, oil field service, trucking and logistics, and agricultural cooperatives.
- Accomplishment: Assisted an $80 million commercial printer improve profitability. The company went from a monthly cash burn of $1 million to positive cash flows of $1 million.
- Investment banker for retailers, healthcare consultant, grain and agronomy, food processor, travel agency, manufacturers, trucking companies, trade show contractor, and a metal fabricator.
- Accomplishment: Sold a $250 million construction supplier through a §363 bankruptcy auction sale. Divestiture included three separate transactions and included preparation of marketing materials, due diligence support and negotiation of purchase agreements.
- Creditor workout advisor and creditor committee advisor.
- Accomplishment: Assisted a senior lender restructure their $182 million credit facility to a $300 million sugar beet cooperative.
Prior to his work at Alliance, Mr. Kline served in various financial roles at Target Corporation. Mr. Kline is currently a member of the Upper Midwest Chapter of the Turnaround Management Association and holds a B.A. in Financial Management and Entrepreneurship from the University of St. Thomas in St. Paul, Minnesota. Mr. Kline received his M.B.A., with honors, from the Carlson School of Business at the University of Minnesota.
"It takes more courage to reveal insecurities than to hide them, more strength to relate to people than to dominate them, more 'manhood' to abide by thought-out principles rather than blind reflex. Toughness is in the soul and spirit, not muscles and an immature mind."
- Alex Karras