Elizabeth C. White is a Managing Director of Consensus. Since joining Consensus in 2008, Ms. White has worked on multiple fund-raising /sale/ restructuring engagements. Most recently, she played key roles in the sale of Easy Spirit to Marc Fisher Footwear, the sale of EvoShield to Wilson Sporting Goods, and the sale of Spence Diamonds to two private equity firms.
In addition, Ms. White was an integral part of the investment banking team that arranged for the sale of inventory and other assets in Danier Leather’s Canadian insolvency proceedings. On inventory alone, the Consensus-led process yielded a recovery to the estate that was 125% higher than the original bid.
Ms. White was a leader in a number of important assignments for financial institutions, including the preparation of pre and post-funding examination reports for an iconic multi-brand apparel manufacturer, a furniture retailer and manufacturer, a well-known flash sale website operator, a branded jewelry market maker and a jewelry retailer, and acted as advisor to two asset based lenders during bankruptcy court ordered liquidations of the banks’ collateral, enabling the maximization of proceeds.
In addition, she has also worked on successful transactions for two multi-channel apparel companies, The Carlisle Connection and Bills Khakis, working with management to build the companies’ financial models.
In 2010, Ms. White worked with her Consensus colleagues in a court appointed examiner role for a complicated and contentious bankruptcy case involving a mortgage lender, condensing thousands of transactions and documents into a concise report, which was praised by the presiding bankruptcy court judge. Ms. White has also worked on a complex restructuring project for a national specialty retailer which successfully reorganized in Chapter 11, and she helped develop an innovative vendor financing program on behalf of a luxury retailer.
Prior to joining Consensus, Ms. White was a Director for GMAC (now ALLY) Commercial Finance’s Retail Finance Group. Ms. White spent the majority of her career at J. Baker, Inc. and Casual Male Corp., publicly held national retailers, where she held positions of progressively increasing responsibility including serving as Chief Financial Officer. She also served as CFO for Work ‘n Gear, a privately held retailer of work apparel and footwear. Ms. White’s career also includes consulting for Gordon Brothers Companies on a nearly $1.0 billion retail inventory liquidation project, and performing field examinations for a leading bank audit firm. She began her career as an auditor for KPMG.
Ms. White is a summa cum laude graduate of the University of Richmond’s Robbins School of Business. Ms. White was previously qualified as a certified public accountant in the Commonwealth of Massachusetts, and is FINRA Series 28 and 79 certified.