Eric Held joined Development Specialists, Inc.’s Los Angeles office in 2009 with ten years of investment banking, private equity and turnaround consulting experience. Mr. Held’s experience includes principal investing, capital raising, mergers and acquisitions, strategic planning, financial modeling, budgeting and forecasting, valuation, restructuring, and turnaround management. Currently, Mr. Held is assisting the Trustee of Namco Capital Group, Inc. with the management of day-to-day operations.
Prior to joining DSI, Mr. Held executed a variety of capital raising, corporate advisory, and turnaround engagements as a consultant with various firms. Such transactions include serving as a financial advisor to the unsecured creditors committee in the chapter 11 bankruptcy of Advantage Rent A Car and advising Dana Corp. and Dura Automotive Systems on their chapter 11 reorganizations.
Prior to that, Mr. Held was an Associate at GESD Capital Partners, a $250 million private equity firm focused on investing in middle-market consumer, manufacturing and business services companies. There, he pursued new acquisition opportunities and assisted the successful turnarounds of portfolio companies through strategy development, product and customer rationalizations, manufacturing facility consolidations, operational improvements, divestitures of non-core businesses, and long-term growth initiatives. Mr. Held was also an Associate in the investment banking division of Citigroup Global Markets, where he advised private equity firms and consumer clients, closing on over $10 billion in M&A transactions and capital market offerings.
Mr. Held has a Master of Business Administration degree from the University of Chicago Booth School of Business and a Bachelor of Science degree in Business Administration from California Polytechnic State University, San Luis Obispo. He is a member of the Association of Insolvency and Restructuring Advisors and is completing the requirements to become a Certified Insolvency & Restructuring Advisor.
