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Matthew Beresh

Senior Managing Director at Accordion

Matthew is a Senior Managing Director with over 20 years of experience providing financial and operational advisory services to distressed organizations. Matthew joined Mackinac Partners (acquired by Accordion in 2021) in 2002 and focuses his work on corporate restructurings and mergers and acquisitions, leveraging complex financial and operational analytics to improve distressed businesses. Matt is a past recipient of the M&A Advisor’s 40 Under 40 Recognition Award, and has received numerous awards from leading industry organizations.

Matthew typically represents underperforming companies, including those in Chapter 11 or out-of-court restructurings, but also has experience across the capital structure including lenders and buyers.

Matthew served as CFO of an electronics refurbishment and repair provider, leading the accounting, finance, HR, IT and legal functions during the company’s transformation away from mobile products to broader electronic devices. In addition to dramatically improving EBITDA, Matthew helped settle over $20 million in legacy liabilities and create a culture of discipline and accountability.

Matthew advised an independent sponsor on two acquisitions – a leading provider of mass communication services and a horizontally integrated B2C timeshare services business. In addition to buy-side diligence, Matthew was then responsible for development and implementation of a strategic value creation plan to grow EBITDA and professionalize the businesses. Matthew serves on the Board of Directors for both companies.

At a $65 million hosting company, Matthew served as CFO during a forbearance period characterized by negotiations with first and second lien lenders and heightened scrutiny on operations and financial results. In addition to customary distressed treasury functions, Matthew was instrumental in designing and executing a plan eliminating over $5 million from annual operating expenses.

At a $300 million plastic packaging manufacturer, Matthew led the efforts to develop a long term business plan which enabled an equity investment, debt refinancing, and plant consolidation eliminating $5 million in fixed manufacturing expenses. Matthew helped manage liquidity while the equity and debt refinancing was implemented.

At a $175 million direct selling jewelry company, Matthew served as the de facto CFO, leading the executive team and operation of the business while advising the Board in its evaluation of strategic options. Mackinac’s efforts led to an orderly liquidation through an Article 9 foreclosure.

Matthew represented a leading global, non-distressed timeshare company in the acquisition and integration of multiple distressed competitors with total transaction values of greater than $450 million. His sell side M&A experience includes several §363 sales and out of court divestiture transactions.

Previously, Matthew served as an independent consultant emphasizing corporate restructuring and was a management consultant for PricewaterhouseCoopers.

Matthew earned his B.A. in accounting from Michigan State University and his M.B.A. from the Eli Broad Graduate School of Management at Michigan State University. He is a Board member and Vice President of Entertainment for the Turnaround Management Association, Member of the American Bankruptcy Institute (ABI), and Member of the American Resort Development Association (ARDA). Matt is a Certified In


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