Josh Damon is a Senior Managing Director in the Turnaround & Restructuring practice at Ankura Consulting, based in Chicago. Mr. Damon has over 15 years of experience operating, advising and investing in companies across a number of industries and stages. Mr. Damon specializes in developing and executing operational improvements, strategic plans and turnaround services for companies and their investors. Mr. Damon leverages his experience as a C-Level executive, private equity investor and turnaround advisor to provide his clients solutions to drive meaningful improvements in financial and operational performance.
Prior to joining Ankura, Mr. Damon was the Chief Financial Officer at Uptake Technologies, where he built, managed and scaled the finance, planning, recruiting and HR functions of the 600-person software company. Mr. Damon collaborated with the senior executive team and Board of Directors to develop the 1, 3 and 5-year strategic financial plan and established all processes for financial closing, pricing and operational reporting.
Mr. Damon was also Chief Financial Officer at Networked Insights, a marketing analytics software firm. At Networked Insights, Mr. Damon was responsible for managing all financial, sales, people and operating functions of the venture-backed organization. Mr. Damon led two successful fundraising rounds, raising over $18 million in equity capital, and developed and managed the operational and financial framework for measuring, analyzing and optimizing the growth of the organization.
Previously, Mr. Damon was a Director at Torch Lake Capital Management, LLC/Hilco Equity, a middle-market Private Equity fund focused on lower middle-market special situations. He was responsible for sourcing, executing and managing equity investments in middle-market companies, with a specific focus in distressed, underperforming or growth opportunities and investments ranged from $5-20MM in companies with $25-250M in revenue. Mr. Damon also served as Vice President of AlixPartners, LLC, where he provided interim management and turnaround services for numerous companies during in & out-of-court restructurings.
Additional Relevant Professional Experience:
- Investor and advisor for a $250 million vertically-integrated branded natural meat company
- Investor and Interim CFO for a $75 million baked goods company
- Interim Treasurer and Advisor to the Board of Directors for Confidential Promotional Products manufacturer, with over $500 million in revenue and 9 operating facilities
- Interim Treasurer and Debtor Advisor for Latin American Telecom provider, restructuring over $200 million in Secured Debt
- Advisor to $10 Billion+ retailer in the Negotiations and Restructuring of $1+ Billion unsecured claims
Mr. Damon holds a Bachelor of Science from Miami University, with a focus in Finance and Information Systems.