M. Klein & Company and Elm Street Advisors Announce Strategic Partnership to Provide End-to-End Advisory Services to the Consumer and Retail Industries
NEW YORK – January 08, 2024 – M. Klein & Company (“MKC”), a global strategic advisory firm, and Elm Street Advisors (“Elm Street”), a global consulting firm specializing in the consumer and retail industries, today announced a strategic partnership that will provide bespoke solutions and end-to-end advisory services to the consumer and retail sector across the strategic, operational, and transactional disciplines. “We greatly admire the team at Elm Street and their expertise. We believe the partnership bridges the gap between operational strategy and transaction execution and leverages the collective expertise of our two firms to help clients navigate critical inflection points of their businesses,” said Michael Klein, CEO and Founder of MKC. The strategic partnership will be led by James (“Jim”) S. Scully of Elm Street and Michael Eck and Nicholas Johnson of MKC. It will be driven by a dedicated team of consumer and retail leaders from Elm Street, in conjunction with seasoned investment banking professionals from MKC. “We are thrilled to deepen our long-term and successful relationship with MKC to bring this partnership to life,” said Jim Scully. “Together, we will serve as independent, embedded advisors to the C-Suite, Boards of Directors, investors and shareholders, combining strategic guidance, operational expertise and execution capabilities to unlocking tremendous value for all.” Jim has more than 25 years of experience in the consumer and retail industries with extensive board, operating, transaction and capital markets expertise. Prior to founding Elm Street in 2018, he held various senior executive roles including Chief Executive Officer, Chief Operating Officer, Chief Growth Officer, and Chief Financial Officer for iconic brands including Saks Incorporated, J.Crew, Avon, J.Jill and Neiman Marcus Group, among others.Michael Eck is a senior advisor for MKC and has provided strategic financial advice to domestic and global companies for over 30 years. He has been a board member of Blue Buffalo, J. Jill, USA Ultimate and Churchill Capital, and was previously the Global Group Head of the Consumer & Retail Investment Banking Practices at Morgan Stanley and Citigroup. Nicholas Johnson is a Managing Director at MKC and a Partner at Archimedes Advisor Group (an affiliate of MKC) where he leads the firm’s principal investing activity. He joined MKC in 2021 from Morgan Stanley where he focused on sourcing and executing corporate mergers, acquisitions, and capital markets transactions.The firms will continue to operate as independent entities on engagements outside of those that fall under the strategic partnership. Securities-related transactions are effected by The Klein Group, LLC member FINRA and SIPC. __________________________________________________________________________________About M. Klein & CompanyM. Klein & Company is an internationally recognized boutique investment bank and strategic advisor with deep and longstanding client relationships across a broad network of senior executives at S&P 500 and blue-chip companies around the globe. Founder Michael Klein has more than 35 years of experience advising companies and boards of directors on a wide range of strategic matters and transactions. Additionally, its principal investing platform, Churchill Capital, invests in large, global companies. M. Klein & Company is headquartered in New York City and maintains a global presence in key financial centers. For more information, please visit: http://mkleinandcompany.com/ About Elm Street AdvisorsFounded by James Scully in 2018, Elm Street Advisors is a full-service consulting firm specializing in the consumer and retail industries. The Company leverages its decades of collective experiences as operators and investors to guide corporate leaders through various inflection points and accelerate value creation. Elm Street excels in complex environments with compressed timelines and offers a variety of services including strategy assessment (investment thesis, value creation, management model), transaction preparation and execution (strategic alternatives, capital raise, IPO readiness), operational capability development and augmentation (enterprise and functional), among others. For more information, please visit: https://www.elmstreetadvisors.com/