Carmen  Barrett

Carmen Barrett

Managing Director

Carmen Barrett is a seasoned financial and operational leader with more than 25 years of experience working with publicly traded and privately held companies across a variety of industries. Carmen provides advisory and interim management services to companies that are underperforming or in transition. Her experience includes services related to liquidity management, restructuring, and financial analysis to support operational improvements.

Prior to joining CR3 Partners, Carmen served as Chief Financial Officer of a privately held telecommunications services company where she was responsible for accounting, financial planning and analysis, risk management, benefits administration and management, as well as cash management.

Representative Experience
  • CRO deputy responsible for all day-to-day aspects of a $80MM flour milling company, including management of cash, financial reporting, and oversight of accounting team. Managed the efforts related to the refinancing and sale processes as well as led cost-cutting efforts, including a reduction in force of more than 25%.
  • Financial advisor and Expert to Claimant in arbitration matter involving a national chain of grocery retailers. Developed expert report and provided testimony rebutting Respondents calculation of damages. Matter resolved in a ~$20MM summary judgement in favor of the Claimant.
  • Financial advisor to a $100MM blueberry processor. Led negotiations with lenders to secure an extension to the credit agreement to bridge to a sale. Provided and oversaw the development of cash forecasting tools and long-term operating forecast.
  • CRO to a $50MM helmet manufacturer and retailer. Advised the company through equity sales process and subsequent asset sale and wind down.
  • Interim CFO to a $50MM multi-location sporting goods retailer. Led financial integration efforts for private equity rollup including treasury management, accounting systems and HR and benefits.

Carmen Barrett's Insights & Articles

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When Companies Need a Change Agent
Article

When Companies Need a Change Agent

There's a difference between steady state management and change agents. A great steady state management team can execute an operating plan every day with precision. Deviations from a defined process can create conflict in an organization that is dedicated to staying the course.

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Keys to Ensuring a Successful Roll-Up
Article

Keys to Ensuring a Successful Roll-Up

Roll-up mergers can create significant value through scale and cost savings, but not all roll-ups perform as expected. Speed of integration may be the most challenging factor when acquiring and consolidating multiple assets.

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CR3 Partners Opens Los Angeles Office and Adds New Partner
News

CR3 Partners Opens Los Angeles Office and Adds New Partner

CR3 Partners is delighted to announce that Tim Skillman has joined as a Partner of the firm and will be heading the new CR3 Partners Los Angeles office.

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Project Work

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Heavy Oil Producer

Heavy Oil Producer

The company is a $24MM exploration and extraction company that produces heavy oil. The company filed for bankruptcy to avoid foreclosure by lenders, who petitioned for the appointment of a Chapter 11 Trustee.
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