Bridge Associates LLC Strengthens Service Offering with Addition of Louis E. Robichaux IV as Managing Director

Bridge Associates, LLC, a leading national turnaround, crisis and interim management firm, announced today that Louis E. Robichaux IV has joined the firm as a Managing Director.  He will lead the Firm’s new Healthcare Turnaround and Restructuring Practice

“We are delighted that Louis Robichaux will be heading up our new Healthcare Turnaround and Restructuring Practice,” stated Anthony Schnelling , Managing Director at Bridge Associates.  “Louis brings nearly two decades of healthcare industry experience to Bridge Associates, and he is known and respected throughout the restructuring community for his dedication to excellence and the high quality of his work.”

Prior to joining Bridge, Mr. Robichaux was a Senior Managing Director in the Corporate Finance / Restructuring practice of FTI Health Solutions, where he provided restructuring, crisis management, financial advisory and expert witness services in a broad variety of healthcare industry settings. Current and former clients include providers, payors, secured creditors, unsecured creditor committees, trustees and other constituency groups.  Mr. Robichaux’s Healthcare sector experience includes hospitals and health systems, HMOs and managed care organizations, outpatient rehabilitation, independent physician practice associations (IPAs), physician practice management companies (PPMs), dental / orthodontic practice management companies (DPMs), ambulatory care clinics, skilled nursing care, home healthcare / home DME and institutional pharmacies.

Mr. Robichaux has been involved in a number of high-profile healthcare engagements throughout his career including assignments for HealthSouth Corporation, Vencor, Inc. Senior Living Properties, LLC, Genesis Physicians Practice Association and Doctors Hospital ( Houston ).

He was a Director in PricewaterhouseCoopers’ Business Recovery Services practice prior to the acquisition of that practice by FTI Consulting in August 2002.  Prior to joining the PricewaterhouseCoopers, Mr. Robichaux worked in the healthcare industry as a senior financial and operational analyst for Kaiser Permanente as well as various operating positions in the long-term care industry.

He holds a B.B.A. from Austin Peay State University and an M.B.A. in research and statistics from Texas A&M University .  His professional credentials include the Chartered Financial Analyst (CFA®), Certified Insolvency and Reorganization Advisor (CIRA) and Certified Turnaround Professional (CTP) designations.  Mr. Robichaux is a member of the Board of Directors of the D/FW Chapter of the Turnaround Management Association and was recently elected to the City of Highland Village, Texas City Council

About Bridge Associates, LLC

Established in 1997, Bridge Associates LLC is a leading national turnaround, crisis and interim management firm. Our clients are middle market and Fortune 500 companies in a wide range of industries.  Attorneys, banks, equity funds, boards of directors and company executives turn to us for help when a business is facing financial or operational distress.