Harry R. Novak
is a financial and operating professional with significant experience in business operations, business strategy, restructurings, turnaround situations, mergers and acquisitions, valuations, refinancings, capital sourcing, strategic planning, business integrations and litigation support matters.
business career encompasses over thirty years in executive management positions and in manufacturing, commercial lending and financial advisory assignments.
recent assignments include:
spent more than ten years at a national manufacturing company, which had eight facilities and 250 employees, where he
actively managed the company's successful turnaround and restructuring.
tenure as CFO, he
made several acquisitions and divestitures
in order to reposition the company's business.
also completed a private equity offering and a leveraged recapitalization of the company.
Mr. Novak served as President of the company during its successful bankruptcy reorganization and the sale of the business.
Mr. Novak spent thirteen years with Heller Financial, Inc., where he participated in numerous financings for acquisitions, growth capital,
turnarounds and bankruptcies.
Mr. Novak was an Executive Vice President at a Cleveland area financial advisory firm, where he was involved with the sale of businesses,
private placements of equity, and refinancings for both profitable and distressed companies.
Prior to forming Novak Financial Services, LLC, Mr. Novak was a Senior Vice President & Managing Director at Buccino & Associates, Inc. a national business consulting firm for nine years.
Mr. Novak is a Certified Turnaround Professional (CTP) and holds a Bachelors degree in Economics from MacMurray College and a MBA in Finance from DePaul University.
He is a member of the Turnaround Management Association and the Association of Insolvency &