Royal Oak, Michigan February 1, 2012 – The M&A Advisor announced the winners of the M&A Advisor Turnaround Awards at the 6th Annual Awards Gala to a lively, sold-out crowd at The Colony, Palm Beach Florida on Monday January 31st. Advanced Manufacturing Group was named a winner for Lower Middle Market Turnaround of the Year and Industrial Manufacturing / Distribution Deal of the Year. The event was hosted by Bloomberg Television’s National Chief Correspondent Carol Massar and featured a keynote address by Dennis Shaughnessy, Chairman of FTI Consulting.
“Advanced Manufacturing Group represents the best of the turnaround, restructuring and distressed investing industry in 2011 and earned this honor by standing out in a group of very impressive finalists,” said Roger Aguinaldo, CEO of The M&A Advisor.
The Turnaround Awards Gala honored deal-teams, deal-makers, and firms whose activities set the standard for the industry. Advanced Manufacturing Group was chosen from over 160 nominees representing over 250 companies to receive their award. An independent judging committee of industry experts determined the ultimate recipients of the awards. Winners were revealed “Academy-Award style” at the gala.
“We are honored to be chosen for this year’s awards, especially among so many great candidates,” said Bill Fetterman, Managing Partner of Advanced Manufacturing Group. “Our team demonstrated what can be done to save distressed companies when all the players are working together. All credit to the lead financial consultants, O’Keefe and Associates, for their incredible work under extremely difficult circumstances, and for recognizing the need for an operational fix in this situation.”
In addition to the 2012 honorees, John Wm. (Jack) Butler, Partner of Skadden, Arps, Slate, Meagher & Flom was awarded a Lifetime Achievement Award for his achievements and contributions in restructuring and reorganizational law. Mr. Butler, who was introduced by another industry stalwart – Mr. Timothy R. Coleman, Sr. Managing Director & Head of Restructuring, The Blackstone Group – provided a moving and inspirational account of his experience and his vision for the future of bankruptcy law.
Since 2007Advanced Manufacturing Group (“AMG”) has provided world-class production system improvement based on Lean principles, technical process assistance, supplier management, cost analysis, and interim management expertise for clients seeking a competitive advantage from operational excellence. AMG specializes in working with companies in transition, and its professionals have been selected for their experience and abilities to lead clients through challenging periods with speed and effectiveness.
The Annual Distressed Investing Summit and Turnaround Awards Gala is the premier event for professionals in the distressed investing, restructuring and turnaround industry.
For a detailed list of all of the Award Winners for the 6th Annual Turnaround Awards, please CLICK HERE. For more information, please visit at www.maadvisor.com or contact The M&A Advisor at 718 997 7900.