Jeff Brandlin
President & Founder
Jeff is an industry-leading provider of consultative accounting and financial advisory services. Top tier banks, private equity firms, non-bank senior and mezzanine lenders and middle market companies depend on Jeff and his firm for the financial information they need to make intelligent decisions, both in advance of an investment and when a portfolio company’s performance deteriorates. In litigation, attorneys and their clients rely on his thorough forensic accounting, concise reporting and expert witness testimony to help resolve highly-contentious situations.

During his 40 year career, Jeff has uncovered numerous financial frauds, accounting malpractice and complex grafts. He often remains involved in these situations to provide litigation support or assist with financial restructurings or workouts. Jeff also has provided thorough financial due diligence in support of hundreds of successful transactions for equity and debt capital providers. Perhaps more importantly, he has saved clients from committing to money-losing investments on numerous occasions.

Jeff founded Brandlin & Associates in 1980 to provide clients with tangible, timely and action-oriented insight. Previously, he was an audit manager at Coopers & Lybrand in Los Angeles. His experience spans a broad range of businesses in industries including entertainment, manufacturing, wholesale distribution, retail, technology, apparel, oil and gas, food service, health care, construction, automotive, financial services and professional services.

Jeff is a frequent speaker to industry organizations and law firms on the topics of fraud, forensic accounting and financial statement analysis. He earned his Bachelor of Science degree in Accounting and has been licensed to practice accountancy in California since April 1976. Jeff also is a Certified Insolvency and Restructuring Advisor (CIRA), a Certified Merger & Acquisition Advisor (CM&AA) and is Certified in Financial Forensics (CFF) by the American Institute of Certified Public Accountants.
David Bell
Director
David has almost 25 years of experience in public accounting, private industry and transactional services. Since joining Brandlin & Associates in 2003, he has assisted in over 75 mergers and acquisitions transactions ranging in value from $5 million to $250 million. He also has contributed to several litigation support and forensic accounting assignments for senior and mezzanine lenders.

David has provided expert testimony in United States Bankruptcy Court, Central District of California – Los Angeles Division regarding fraud, conversion and civil conspiracy matters. Among several successful outcomes involving litigation, his work and testimony were instrumental in obtaining a $40 million judgment against the defendant’s principals in a civil matter. In another matter, he provided expert testimony for the bankruptcy Trustee’s prosecution of accounts receivable debtors, leading to a series of default judgments and negotiated settlements.

A wide range of clients across a broad spectrum of industries benefit from David’s thorough approach to providing forensic accounting, litigation support and financial advisory services. He is particularly skilled at advising capital sources and their clients, counsel and creditor committees regarding accounting malpractice theories, sources and methods of recovery and restructuring alternatives.

David frequently gives presentations to banks, law firms and finance-related organizations on topics including: Financial Due Diligence: What Matters Most; Uncovering Landmines: Lessons Learned Conducting Forensic Accounting; and Financial Statements for Attorneys.

Prior to joining Brandlin & Associates, David was Manager of Financial Reporting for the mortgage division of one of the nation’s largest, publicly-held, residential builders. His responsibilities included financial planning and budgeting, due diligence and compliance reporting. David began his career at Ernst & Young LLP in Los Angeles where he was an audit manager. His clients included both private and public companies of varying sizes and industries, including financial services, pension plans, software and manufacturing.

David graduated from the University of Southern California in 1992 with a Bachelor of Science degree in Accounting.
Martin Cauz
Managing Director
Martin is a seasoned financial consultant and accountant with over 25 years of experience. He advises capital sources, management teams and legal counsel on financial due diligence, forensic investigations, litigation support, workouts and restructurings. With deep knowledge gained as a turnaround consultant and over 10 years in public and private accounting, Martin is particularly adept at: developing and evaluating strategic business plans; financial modeling and reporting; evaluating and negotiating reorganization/restructuring plans; preparing/analyzing court and creditor reports; building and reorganizing corporate teams; and, preparing liquidation analyses. His industry expertise includes healthcare, financial services, manufacturing, retail, distribution, sports franchises, telecommunications and technology.

In providing value-added services to his clients, Martin focuses on mentoring management teams through unstable times and enhancing stakeholder relationships by leading negotiations for his clients. As a result of this approach, Martin enjoys being recognized as a trusted business advisor and developing long-term relationships.

Prior to joining Brandlin & Associates, Martin was a managing director at Marotta Gund Budd & Dzera, a nationally-recognized restructuring firm, for approximately 14 years. In this position, he worked with senior management teams, lenders, equity sponsors, attorneys and other professionals to develop and implement restructuring plans and financial turnarounds. Martin began his career at KPMG where he was an audit manager servicing public and private companies of varying sizes.

Martin is a Certified Public Accountant and a Certified Insolvency and Restructuring Advisor. He graduated from Moravian College in 1989 with a Bachelor's Degree in Accounting. He currently serves on the Board for the Association of Insolvency and Restructuring Advisors (AIRA).
Mark Elletson
Managing Director
Mark is a seasoned financial consultant and restructuring expert who serves as a lead change agent for corporations seeking to enhance value, and advises on the restructuring and turnaround of distressed companies. For over 25 years, capital sources, management teams, boards of directors and legal counsel have retained Mark for his innovative approach to creating solutions focused on increasing enterprise value.

Mark leverages years of experience originating loans and managing distressed debt workouts in the real estate division of a money center bank to identify opportunistic restructuring situations in a wide range of industries for companies located worldwide. He has led more than 30 executive teams through intensive "top down / bottom up" reviews of internal processes, while skillfully restructuring their companies' capital structures to support desired financial metrics.

Some of Mark's notable accomplishments include:

-Advisor to a marquee private equity group regarding a renewable energy investment. Completed analysis and strategic business plan over the course of three months.

-Advisor to the first-lien lenders of the largest waste-to-energy conversion company in the United States. Served as a lead member of the restructuring team, which accomplished a 100% ($300 million) recovery for first-lien holders.

-Halted a likely bankruptcy filing and renegotiated the repurchase of over $200 million in debt from GMAC on behalf of one of the world's largest timeshare operator in less than four months. Advised the board of a $1 billion international resort community developer and was instrumental in devising a strategy to seize immediate control of all developments and rationalize resource commitments.

Mark has lived and worked in the United States, Europe and Australia and is fluent in English and German. He graduated from Fairfield University in 1987 with a Bachelor's Degree in Finance and earned his MBA from Columbia University in 1995.
Richard Lieu
Associate
Richard is an experienced financial consultant and accountant for companies ranging from private equity-backed growth businesses to multi-national public corporations.

At Brandlin & Associates, Richard performs quality of earnings analyses on target companies for capital sources including banks, private equity firms and other lenders to assist in their investment decision-making process. He has also provided forensic accounting and litigation support services including fraud and accounting malpractice investigations, as well as damage calculations. Richard has worked on matters with the Securities and Exchange Commission (SEC) including the investigation of an EB-5 Program fraud and the Federal Trade Commission (FTC) in the investigation of negative option marketing schemes.

Prior to joining Brandlin & Associates, Richard was an audit senior associate at PwC where he primarily practiced in the financial services industry. He frequently vetted portfolio company valuations for private equity clients by validating discounted cash flow and market models. This involved analyzing complex contracts, progress payments, incentive compensation plans and international operations. He also analyzed periodic fluctuations in financial statements to assess risk and draw conclusions, and evaluated the design and effectiveness of internal controls.

Richard graduated from the University of California, Berkeley with a Bachelor of Arts degree in Economics. He is a Certified Public Accountant licensed to practice in California and is Certified in Financial Forensics (CFF) by the American Institute of Certified Public Accountants. In addition, Richard is a candidate in the Chartered Financial Analyst (CFA) program having passed all three levels of the exam.
Jeff Brandlin
President & Founder
Jeff is an industry-leading provider of consultative accounting and financial advisory services. Top tier banks, private equity firms, non-bank senior and mezzanine lenders and middle market companies depend on Jeff and his firm for the financial information they need to make intelligent decisions, both in advance of an investment and when a portfolio company’s performance deteriorates. In litigation, attorneys and their clients rely on his thorough forensic accounting, concise reporting and expert witness testimony to help resolve highly-contentious situations.

During his 40 year career, Jeff has uncovered numerous financial frauds, accounting malpractice and complex grafts. He often remains involved in these situations to provide litigation support or assist with financial restructurings or workouts. Jeff also has provided thorough financial due diligence in support of hundreds of successful transactions for equity and debt capital providers. Perhaps more importantly, he has saved clients from committing to money-losing investments on numerous occasions.

Jeff founded Brandlin & Associates in 1980 to provide clients with tangible, timely and action-oriented insight. Previously, he was an audit manager at Coopers & Lybrand in Los Angeles. His experience spans a broad range of businesses in industries including entertainment, manufacturing, wholesale distribution, retail, technology, apparel, oil and gas, food service, health care, construction, automotive, financial services and professional services.

Jeff is a frequent speaker to industry organizations and law firms on the topics of fraud, forensic accounting and financial statement analysis. He earned his Bachelor of Science degree in Accounting and has been licensed to practice accountancy in California since April 1976. Jeff also is a Certified Insolvency and Restructuring Advisor (CIRA), a Certified Merger & Acquisition Advisor (CM&AA) and is Certified in Financial Forensics (CFF) by the American Institute of Certified Public Accountants.