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Seasoned Restructuring Veteran Mark Manski Joins Development Specialists, Inc.

Former Barclays Capital Executive and Greenberg Traurig Partner Brings 30 Years of Experience to Leading Management Consultant and Financial Advisory Services Firm

NEW YORK, Jan. 8, 2014 /PRNewswire/ -- Development Specialists, Inc., (DSI) a nationally recognized management consulting and financial advisory services firm, today announced that Mark Manski, a well-respected restructuring professional, has joined the firm's New York office. He joins DSI's senior management team, noted for its breadth of expertise and experience in financial, accounting, legal and regulatory client services. Mr. Manski will report directly to DSI President Bill Brandt.

With the addition of Mr. Manski, DSI, a firm that pioneered the turnaround industry, strengthens its commitment to counsel its wide range of clients throughout North America, Europe and Asia with experienced business advisory guidance, bankruptcy procedure knowledge, credit risk and extensive portfolio analysis.

"Mark brings to DSI a tremendous skill set that uniquely complements the diverse background of our executives and provides our clients with an accomplished industry veteran who can navigate clearly through the complex and complicated issues our clients face," said Bill Brandt. "We welcome Mark to DSI and know he will continue the firm's rich tradition of providing our clients with unparalleled service that has defined the firm since its founding almost four decades ago." 

"It is an honor to join such a distinguished team of professionals who have established a reputation and level of success that is unprecedented in the industry," said Mr. Manski.  "DSI has long been regarded as a leader in our business and I look forward to continuing this tradition and providing our clients with the highest level of service."

With more than three decades of experience, Mr. Manski has held senior positions at some of the most prestigious firms in the restructuring business.  He spent more than ten years at Barclays Capital where he served in a variety of senior management positions including head of the bank's US workout team Chief Credit Risk and Restructuring Officer for the $11 billion distressed US real estate portfolio.  Previously he served three years as a shareholder in the Business Reorganization & Financial Restructuring Practice at Greenberg Traurig and was a founder of the consulting firm RoundHill Group, which specialized in providing strategic, operational, managerial and financial advisory services.  Mr. Manski has served on the boards of a number of companies including Tower Records and the Grand Union Company while also serving the management of other well-known concerns, such as Archstone, through membership on Advisory Committees.

About Development Specialists, Inc.

DSI is a leading provider of management consulting and financial advisory services, which include turnaround consulting, fiduciary roles, financial restructuring, litigation support, wind-down oversight and forensic accounting services. DSI's client-range of business owners, corporate boards of directors, financial services institutions, secured lenders, bondholders, unsecured creditors and creditor committees draw on the firm's broad spectrum of business services and expertise, all of which have established DSI's reputation as an industry leader in corporate restructuring.  DSI has offices in New York, Chicago, Los Angeles, San Francisco, Miami, Philadelphia, Columbus, and London.  http://dsi.biz/

Billy Kenny/Amory Armstrong
The Dilenschneider Group
[email protected] / [email protected]

SOURCE Development Specialists, Inc.

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