Miles Staglik, a Senior Director at SierraConstellation Partners, provides operational and financial restructuring and advisory services to both underperforming companies and companies in transition. He has experience with in- and out-of-court restructurings, operational turnarounds, balance sheet restructurings, business cost rationalizations, identifying strategic opportunities, debt and equity capital raising, mergers and acquisitions, divestitures, and conducting financial modeling and forecasting.
Miles has worked in a variety of industries, including apparel, aerospace, consumer goods, distribution, food processing, restaurants, gaming, lodging and leisure, manufacturing, media and entertainment, publishing, retail and technology.
Prior to joining SCP, Miles was the director of corporate finance at Prime Focus World, N.V., where he was responsible for financial forecasting and analysis, and for identifying and executing capital raising and strategic business opportunities. Prior to that, he was an associate in the Gaming, Lodging and Leisure group of Cantor Fitzgerald’s Investment Bank. Miles started his career as an investment banking analyst with Imperial Capital, LLC in Los Angeles. There, he focused on restructuring, capital raising, and mergers and acquisitions across various industries.
In 2020, Miles received the M&A Advisor’s Emerging Leader Award, which recognizes leading M&A, financial and turnaround professionals who have reached a significant level of success while still under the age of 40. In 2021, Miles won the 15th Annual M&A Advisor Turnaround Award under the category of ‘Information Technology Deal of the Year’ for his work with Wave Computing.
Miles received a bachelor’s degree in financial economics and accounting from Claremont McKenna College. He is originally from Texas and currently lives in Los Angeles.
- Worked with a large family owned music publisher to identify financial and operational cost savings and improvements. Improved EBITDA from $2.9 million to $7.3 million in 12 months. The Company is on track for an annualized run-rate of $7.5 million EBITDA, even though it is part of a mature and slowly declining industry.
- Worked with a $150 million cell phone products designer and distributor on financial restructuring and improving margins. Improved annual run-rate EBITDA by over $8 million in eight months and successfully executed a $50 million refinancing.
- Worked on the restructuring of American Fish & Seafood, one of the largest seafood processors and distributors in the Western United States. In one year turned a negative $6 million EBITDA into a positive $500,000 EBITDA. Assisted with the sale of the Company to Santa Monica Seafood Company.