Wednesday, November 30, 2011

REH Capital Partners LLC and Algon Group Announce Strategic Alliance



FT. LAUDERDALE, FL /PRNewswire/ -- The Algon Group, one of the country's leading boutique financial advisory and restructuring firms and REH Capital Partners, one of the leading real estate and hospitality consulting firms announced a formal strategic alliance.

The combination of REH's industry expertise in real estate and hospitality (hotels, timeshare, resorts and various mixed use projects) and Algon's expertise and track record in handling large complex restructurings makes the team a very unique resource for hospitality industry stakeholders.

The Algon Group, founded in 2002, is a "deal oriented" firm providing distressed M&A/advisory services and has substantial restructuring experience both "out of court" and in bankruptcy. Algon's senior team has also served as interim CEO, CFO or CRO when requested by clients or their legal advisors to do so. Some of the firm's most notable recent assignments have included the Related Group ($2.1 billion), Core Communities ($375 million) and Cabi Downtown Development ($256 million).

 REH is led by Frank Nardozza (top right photo),  a former partner and National Real Estate and Hospitality Consulting Practice Leader at KPMG. Frank, a 35 year hospitality veteran, has advised on over $15 billion in real estate and hotel related transactions and has been involved in various roles in some of the industry's highest profile bankruptcies, restructurings and litigation situations. 

Troy Taylor (lower left photo), founder and President of the Algon Group said, "We believe that the combination of REH's industry knowledge and contacts and our 'outcome oriented' approach to restructuring assignments makes the team a top resource for distressed hospitality industry stakeholders."

For more information on both companies, please, visit www.rehcp.com and . www.algongroup.com

Contact:
:Ms. Niki Borrelli, Administrative Manager, REH Capital Partners, LLC, +1-954-712-7462, Fax: +1-954-332-2361 ,nborrelli@rehcp.com,
Ms. Karen Burns, Managing Director, The Algon Group, +1-727-347-9077, Fax: +1-866-413-2462, kburns@algongroup.com



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