Matt

Matt Covington

Managing Director
matt.covington@pivotgrp.com

Matt is a Managing Director at Pivot > where he provides performance improvement, turnaround and restructuring services to Corporate and Private Equity clients.   He leverages 20 years of experience to deliver strategic financial and operational solutions to companies in financial distress or other special situations.  Matt focuses on providing strategic advice and leading teams executing solutions for our corporate clients and their sponsors.  He has led in-court and out-of-court restructurings, and has served as CFO and COO, where he has been recognized for effective leadership of teams and utilizing a data-driven approach to drive EBITDA growth.

Representative experience includes the following notable engagements:  Ciber, Inc. ($700 million; IT Services and Staffing); Confidential ($250 million; Specialty Finance); Confidential ($400 million; Entertainment); Natrol, Inc. ($70 million; Nutritional Supplements), City of Stockton ($1.1 billion; Municipal), Select Staffing ($650 million; Staffing) , Powerwave Technologies ($300 million; Manufacturing), Meruelo Maddux Properties ($320 million; Real Estate).

Prior to joining Pivot>  Matt was a Managing Director with Alvarez & Marsal, a leading firm globally in turnaround and restructuring advisory, and prior to that was a Managing Director with Conway MacKenzie, a middle-market focused turnaround and restructuring firm.  More recently, Matt served as interim CFO for Revolution Prep, an EdTech company, and in several operational roles leading teams at Findox, a Fintech company that was sold to Reorg Research.

He holds a JD/MBA from the University of Chicago and an AB in Economics and English from the University of California, Berkeley, where he was on the men’s swim team.

Matt is a former President of the SoCal TMA.  He is a longstanding supporter of Minds Matter, a mentoring organization for academically accomplished, low-income high school students, and helped to launch the Los Angeles chapter.  He served on the Santa Monica-Malibu Unified School District Financial Oversight Committee, and is an AYSO coach and referee.

Our Story

Pivot > originated from a conversation between friends, Lance Miller and Peter Elkin, both veterans of restructuring and turnaround industries, and former company leaders. Frustrated with the traditional advisory firm model, they sought a better approach centered on client interests and results. Over dinner, they envisioned a best-in-class value proposition, which eventually became Pivot >, attracting like-minded individuals who shared their mission and industry distinctions.

Our core principles include delivering bespoke solutions tailored to each situation, prioritizing long-term client relationships over fees, and fostering the growth and well-being of our employees. Unlike many firms in the industry, we operate under a shared compensation model, ensuring everyone is invested in our clients’ success. As we continue to grow, we remain committed to providing exceptional service and building lasting relationships with our clients.

– Co-Founders Lance Miller & Peter Elkin