Firm advises the most companies in Chapter 11 cases and broadens strategic communications capabilities across M&A, activism, litigation, crisis management, reputation protection, corporate positioning, and investor relations

Launches professional services firm Optimization practice to help clients enhance performance and differentiate their platforms

C Street Advisory Group, LLC (“C Street”), a leading strategic communications, crisis management, and optimization firm, today announced a transformative year of growth, expanded capabilities, and industry recognition – further reinforcing its role as a trusted advisor to clients navigating restructurings, transactions, litigation, crises, corporate transformations, and operational change.

In 2025, C Street welcomed 15 new team members, bringing total headcount to 40 professionals across New York City, Chicago, and Toronto. Since January 2023, the firm has grown more than 500 percent, while maintaining an attrition rate of just 2 percent, a result of C Street’s intentional and sustained investment in building a strong, collaborative culture.

“At C Street, everyone is a leader,” said Jon Henes, Founder and Chief Executive Officer of C Street. “We invest deeply in professional growth, mentorship, and opportunity to ensure our people become the next leaders of our firm and of the industry.”

“C Street’s growth in 2025 reflects the trust our clients place in us and our evolution beyond a pure restructuring advisor,” said Michael Frishberg, President of C Street. “By expanding into new advisory areas and launching C Street Optimization, we are helping clients not only navigate moments of complexity, but also strengthen leadership, positioning, and performance for the long term.”

“Our success is inseparable from our culture,” Henes added. “Talent alone is not enough. Our real advantage is bringing people's unique strengths together as a team, aligned around a clear mission and a shared commitment to supporting one another and our clients. We partner with our clients, and this is not simply words. It’s in our DNA. We think about our clients as much or more than they think about themselves. That is what makes our growth sustainable, and I could not be more excited to enter 2026 with the team we have today.”

Market Leadership in Complex Restructurings and Continued Growth Across Advisory Practices

C Street’s roots are in restructurings and special situations, where it remains a market leader. Over the past 12 months, the firm advised more companies in Chapter 11 proceedings than any other strategic communications firm, working with clients alongside premier law firms, investment banks, and financial advisors on some of the most complex restructurings in the market.

In addition, C Street advised multiple companies with more than $10 billion in aggregate liabilities, guiding management teams through periods of acute financial stress, intense media scrutiny, and dynamic stakeholder engagement. Notable engagements include First Brands Group, LLC, Weight Watchers, and Sunnova Energy International Inc. The firm also continues to represent companies through its Liability Management and LME Communications Practice, led by Whitney Fogelberg and Luke Wolf.

Beyond restructurings, C Street continues to expand its work across M&A, investor relations, corporate positioning, activism defense, crisis management, and reputation enhancement, and plans to make additional investments in these capabilities in early 2026.

Expansion into Professional Services Firm Optimization and Digital Assets

In 2025, C Street launched C Street Optimization, a professional services firm advisory platform designed to help law firms and advisory firms strengthen leadership, positioning, performance, and communications in an increasingly complex and competitive environment.

As part of this expansion, Ben Schrag joined C Street as Chief Strategy Officer, bringing deep strategic and operational expertise to the firm’s leadership team. To date, C Street has advised a number of top 100 AmLaw firms, including Willkie Farr & Gallagher, one of the premier law firms in the nation, on groundbreaking optimization and positioning initiatives.

C Street also launched a dedicated Digital Assets and Crypto Communications Practice, led by Jackie Rubin, responding to growing demand for specialized counsel at the intersection of regulation, finance, and emerging technologies.

Industry Recognition, Awards, and Community Impact

C Street’s momentum in 2025 was recognized across the industry. The M&A Advisor named C Street Consulting Firm of the Year and awarded the firm Chapter 11 Reorganization of the Year for its work on Mobileum.

Jon Henes was named to the 2025 Lawdragon 100 Global Leaders in Legal Strategy & Consulting and was also recognized by Chambers as one of the leading strategic communications professionals in the industry.

Luke Wolf, Managing Director, was selected for the Partnership for New York City’s David Rockefeller Fellows Program, recognizing leadership in business and civic affairs.

Katie Reimel, Senior Vice President, was named a Top Women in Communications Rising Star by Ragan Communications, recognizing her leadership and impact advising clients through complex transactions, crises, and transformational moments.

In 2025, C Street donated nearly $200,000 to nonprofit organizations including AJC, Catholic Charities, Central Park Conservancy, Citizens Committee for New York City, Her Justice, FEIH, Partnership for New York City, and Tina’s Wish, among others. The firm also conducted its annual volunteer day at The Bowery Mission, supporting individuals experiencing homelessness and poverty in New York City.

Looking Ahead

“As we look ahead to 2026, we’re proud of what we built this year and even more focused on what comes next,” said Henes. “We will continue to grow on the same foundation that brought us here: a team that supports one another, clients who trust us with their most complex moments, and a belief that sound judgment, grounded in attention to detail and the broader perspective, combined with integrity, empathy, and hard work, is what matters most. That is the firm we are committed to building for the long term. I am deeply grateful to our team, our clients, and the outstanding professionals we have the privilege of working alongside every day.”

About C Street Advisory Group

C Street Advisory Group is a strategic communications and crisis management firm specializing in high-stakes situations including restructurings, M&A, litigation, activism, corporate transformations, and reputation management. The firm advises companies, boards, and leadership teams on how to navigate complexity, control narratives, and engage effectively with stakeholders. With deep experience across law, finance, public affairs, and communications, C Street helps clients align messaging with business objectives and deliver outcomes when it matters most.

Follow C Street Advisory Group on LinkedIn.

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