Directory

Vince J. Colistra

J.S. Held’s Inaugural Global Risk Report Examines Potential Business Risks & Opportunities in 2024

Read More close Created with Sketch.

Vincent "Vince" J. Colistra joined J.S. Held in October of 2023 as part of J.S. Held's acquisition of Phoenix Management Services.

During his time at Phoenix Management Services, Vince has managed or participated in over 60 engagements that involved developing and implementing solutions in complex corporate restructurings and reorganizations, operational and financial turnarounds, recapitalizations, re-financings, the raising of senior debt, second lien debt, subordinated debt with warrants and preferred and common equity, as well as representing strategic and financial buyers and sellers of businesses in both the public and private sector.

In addition, Vince has successfully managed numerous engagements for companies wherein the ultimate solution to maximize value for the various constituents required filing for protection of Chapter 11 of the United States Bankruptcy Code to ultimately effectuate operational turnarounds, balance sheet restructurings, sales of the businesses through the §363 auction process, and Plans of Reorganization. He has served in the capacity at Phoenix Management as both Financial Advisor and indirect management positions as CRO, CEO, COO, and CFO and has assisted clients in a wide spectrum of industries including manufacturing, building components, distribution, equipment leasing, specialty/structured financing, mining, restaurants, and retailing. As the Senior Managing Director of Phoenix IB®, Vince has successfully completed numerous transactions that have included re-financings, restructurings, recapitalizations, and §363 sales within bankruptcy.

Before joining Phoenix Management Services, Vince was Senior Vice President of Finance and Administration and CFO of a holding company with operating subsidiaries in contract operations, manufacturing, and the licensing of proprietary technology to sub-licensees throughout the United States and Canada. He served as Senior Vice President and COO of a company in the manufacturing and distribution of building products and CFO of a group of companies involved in steel processing and trading and spent nearly 15 years in banking where he held various positions in corporate finance, investment banking, corporate lending, and asset-based financing wherein his engagements involved recapitalizations, leveraged/management buy-outs, acquisition financing, divestitures, and advisory roles in overall capital restructuring. He also held international banking positions at Wachovia Bank, where he was General Manager of Wachovia’s New York office, and at Bank of America.

Vince holds an MBA from Fordham University, where he majored in Corporate Finance, and a B.S. from Pennsylvania State University, where he majored in Finance and Economics.

Professional Affiliations/Memberships/Licenses/Training

  • Member of the Turnaround Management Association
  • Member of the Association for Corporate Growth