Derek Pitts is a Managing Director and Head of PJ SOLOMON’s Debt Advisory & Restructuring Practice. He joined the firm in 2016.
A seasoned advisor with more than fifteen years of experience across the restructuring and distressed debt advisory landscape, Mr. Pitts has represented debtors and creditors on a number of high-profile restructuring, capital markets, M&A, and special situation engagements. In addition to domestic transactions, he has led cross-border financial restructurings in Europe and Latin America. His broad transaction experience comprises companies from the energy, textiles, retail, apparel, consumer products, restaurants, and general industrial industries, including Enron Corp., Spectrum Brands, AMF Bowling, Stolt-Nielsen, Lionel Trains, Global Power Equipment, YRC Worldwide, Buffets, Salton, Barneys, Ahern Rentals, Wet Seal, RadioShack, American Apparel, Comark, Brookstone, Quiksilver, American Seafoods, Deb Shops, and Everywhere Global, Inc.
Before joining PJ SOLOMON, Mr. Pitts served as a Managing Director in the Financial Restructuring Group of Houlihan Lokey, which he joined in 2000.
Mr. Pitts received a B.S. from Northeastern University and an MBA from the Darden School of Business at the University of Virginia.
February 2020 - $57,500,000