Chicago, IL – The M&A Advisor has announced the winners of the 15th Annual Turnaround Awards, continuing a two-decades-old tradition of recognizing those who have reached the pinnacle of the distressed investing, bankruptcy, and restructuring industry during the past year. Evaluation of the nominees and selection of the winners was completed by prominent members and experts in the M&A, finance, and turnaround community.
FocalPoint Partners, a leading middle market investment bank, won in the category “Consumer Discretionary Deal of the Year,” for its role in the sale of FFO Home, a national discount furniture retailer, to American Freight. The firm’s Special Situations Group, led by Managing Directors Michael Fixler and Richard F. NeJame, acted as exclusive investment banker to FFO Home on the transaction.
The M&A Advisor’s 15th Annual Turnaround Awards will be presented live at the New York Athletic Club, which is hosting the black tie gala on September 29th. The Awards ceremony will take place during the Distressed Investing Summit in New York City.
Regarding the winning transaction, Managing Director Michael Fixler noted, “We are pleased to have been able to execute a strategic transaction that preserved the operations at over 30 FFO Home locations. While the stores were rebranded under the American Freight banner, they continue to serve their local communities and customers while expanding their assortment of quality furniture, mattresses, and appliances at low prices every day.”
“These award winners represent the best of the distressed investing and reorganization industry over the past year,” said Roger Aguinaldo, Founder of The M&A Advisor. “We are in an environment that has seen whole industries, such as retail, restaurants, leisure and hospitality experience depression-like effects. Despite it all, these professionals have helped companies during these difficult times.”
For a detailed list of the Award Winners of the 15th Annual Turnaround Awards please click here.
About The M&A Advisor
The M&A Advisor was founded to offer insights and intelligence on mergers and acquisitions, establishing the industry’s leading media outlet in 1998. Today, the firm is recognized as the world’s premier leadership organization for mergers and acquisitions, restructuring, and corporate finance professionals, delivering a range of integrated services. For more information, visit www.maadvisor.com.
About FocalPoint Partners
FocalPoint is an independent investment bank specializing in mergers and acquisitions, private placements (both debt and equity), financial restructurings, and special situation transactions. With offices in Los Angeles, Chicago, New York, and Shanghai, the firm provides global advisory services to middle market clients across a broad range of industries. For more information, please visit focalpointllc.com and follow us on LinkedIn and Twitter.
Please contact Michael Fixler, Managing Director, at 312-508-5780, or Richard NeJame, Managing Director, at 646-343-9847, with any questions about the Award or the FFO Home transaction.