Ray Li, Managing Director
Ray is a Managing Director at MERU. He specializes in identifying and implementing value-maximizing initiatives that stabilize, improve, and reorganize companies during periods of change.
Select Representative Experience
Served as Deputy CRO of Cyxtera Technologies, facilitating a comprehensive restructuring and successful sale to Brookfield Infrastructure Partners; the transaction was recognized as the winner of M&A Advisors’ Information Technology Deal of Year Award (over $1B).
Served as financial advisor to an integrated pharmacy, retail, and healthcare company; evaluated strategic options for certain of its healthcare businesses; developed analyses on various alternatives and potential outcomes; supported operational readiness in advance of a strategic sale process.
Advised a multinational business services provider on a successful workout and recapitalization transaction; served as financial advisor and led critical restructuring workstreams, including liquidity management, business plan development, and stakeholder negotiations; supported management on a $25M cost cutting initiative.
Served as financial advisor on a complex, in-court restructuring for a global pharmaceuticals company; led global cash management and funding analyses, proforma business plan development, and recapitalization negotiations.
Led the development of a company-wide customer-product profitability analysis and evaluation of underperforming projects, which contributed to $50M of margin enhancement.
Served as financial advisor and led liquidity management and contingency preparation for the fastest prepackaged chapter 11 case at the time, enabling the company to quickly transition to post-reorganization turnaround efforts.
Led a team to evaluate the company’s liquidity and business plan for potential risks and opportunities in connection with an in-court restructuring.
Served as financial advisor and led a team that facilitated a consensual out-of-court restructuring; led the development of a detailed liquidity forecast and credible business plan, including $15M of post-reorganization margin enhancement initiatives.
Served as financial advisor and led the team on liquidity stabilization and stakeholder negotiations and supported the company on implementing a swift reorganization through a prepackaged chapter 11.
Led a team that developed a robust and comprehensive value transfer analysis of certain core assets that resulted in a ~6x recovery for the lender group.
Acknowledgements
Recipient of the 2024 M&A Advisors’ Information Technology Deal of Year Award (over $1B).