Paul Stroup

Paul Stroup specializes in financial restructurings, operational turnarounds and capital markets transactions. Mr. Stroup has experience providing financial advisory services in numerous engagements involving troubled situations, strategic evaluation and implementation, mergers and acquisitions and other corporate finance transactions. He has industry experience in education, healthcare, industrials, manufacturing, media, restaurants, retail and consumer products and telecommunications.

Mr. Stroup has provided restructuring advisory and interim management services in both in- and out-of-court settings and has assisted financial sponsors, boards of directors and creditors in developing, evaluating and executing strategic and financing alternatives. He has also prepared valuation, solvency and liquidation analyses; developed corporate business plans, 13-week cash flow forecasts, turnaround initiatives and restructuring proposals; and conducted operational and financial due diligence, including business plan reviews, liquidity assessments and debt capacity analyses. Additionally, Mr. Stroup has managed daily liquidity needs and implemented cost-cutting and operational improvements.

Mr. Stroup recently served as interim Treasurer for a multibillion-dollar telecommunications company, where he implemented new cash flow forecasting processes to monitor and report daily liquidity in order to support multiyear, large-scale capital expenditure (“CapEx”) investments. In this role, he improved internal reporting and coordination with the finance, accounting and financial reporting functional teams. Additionally, he led a request-for-proposal (“RFP”) process to identify and onboard an outsourced chief investment officer for the company’s defined benefit plan.

Mr. Stroup joined FTI Consulting with its acquisition of CDG Group. Prior to CDG Group, he worked in the Leveraged Finance and High-Yield Capital Markets groups at Bank of America Merrill Lynch, where he focused on structuring, executing and originating transactions in the high-yield bond and leveraged loan markets. Previously, he held FINRA Series 7 and Series 63 licenses. Mr. Stroup holds a B.A. in economics from Davidson College, where he was awarded the William Holt Terry Scholar Fellowship for demonstrating exemplary leadership and personal integrity and for contributing to the school’s living and learning community.

A representative list of Mr. Stroup’s clients includes Aspect Software; Delta Career Education Corporation; EduK Group; Elevate Textiles; Frontier Communications; Jack Cooper Transport; Logan’s Roadhouse; Mitel Networks; Nelson Education; Output Services Group (“OSG”); Pinnacle Agriculture; Production Resource Group (“PRG”); Sequa Corporation; SmileDirectClub; and WIS International. He also has experience in the healthcare sector, with recent engagements covering hospitals, physician practices, medical device manufacturing and dental services.