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Portage Point Continues Turnaround & Restructuring Expansion, Adds Chonich

May 11, 2021, 07:22 AM

Portage Point Partners announced Adam Chonich has joined the firm as a Managing Director.

Chonich has well over a decade of turnaround and restructuring experience having advised companies across industries including automotive, retail, aviation and aerospace, distribution and logistics, energy and utilities, and travel and leisure. “Adam’s expertise bridges the chasm between core restructuring advisor and operational improvement tactician that our clients value,” said Matthew Ray, Founder & Managing Partner of Portage Point. “His experience across industries, geographies and business models has allowed Adam to identify innovative value maximizing solutions in both healthy and distressed companies.”

Chonich joins Portage Point after previously holding senior roles in EY’s Restructuring & Turnaround group and BRG. Adam received both his undergraduate and graduate degrees from Michigan State University and is a Certified Insolvency & Restructuring Advisor (CIRA).

“Joining Portage Point affords me the opportunity to execute alongside the highest level performance improvement and restructuring talent. We are focused on providing underperforming and distressed companies the advisory services needed to achieve profitable recovery or successfully explore and execute strategic alternatives that maximize value,” Chonich said. “I look forward to helping the firm further entrench itself as a world class restructuring practice while supporting continued growth in the performance improvement and private equity services practice lines.”

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