Chicago, IL – The M&A Advisor has selected FocalPoint’s Managing Director Michael Fixler, Director Connor Mitchell, Vice President Clinton Miyazono, and Senior Analyst Benjamin Tennenbaum as winners of the Chapter 11 Reorganization of the Year (over $25-100 million) in its 12th Annual Turnaround Awards.
The award is in recognition of FocalPoint’s work in connection with Valuepart’s successful confirmation of its Plan of Reorganization and debt financing provided by PNC Bank, N.A. FocalPoint, along with the Company’s other advisors, will be honored at the Awards Gala as part of the 2018 Distressed Investing Summit. The Summit will take place on March 20-22 and will feature 225 of the industry’s leading professionals participating in exclusive interactive forums led by a faculty of restructuring industry stalwarts and business media experts.
“We are excited to be recognized for the outstanding work done in connection with the Valuepart Reorganization. While it was a very challenging transaction, ultimately we worked very cooperatively with the management and existing equity, the Debtor’s other professionals and the Unsecured Creditors Committee to structure the Plan of Reorganization and raise the capital necessary for the Company’s successful emergence from Chapter 11,” said Michael Fixler, Managing Director and Head of FocalPoint’s Special Situations practice.
ValuePart, Inc. is a family-owned distributor of high-quality, competitively-priced, replacement parts for off-highway earthmoving equipment. ValuePart operates from eight locations in the United States and Canada, leveraging a global supply base with multiple decade-long relationships.
“The award winners represent the best of the distressed investing and reorganization industry in 2017 and earned these honors by standing out in a group of very impressive candidates,” said David Fergusson, Co-CEO and President of The M&A Advisor. “In an environment that is increasingly demanding of its professionals we have recognized the leading transactions, firms and individuals that represent the highest levels of performance.”
About M&A Advisor
The M&A Advisor was founded in 1998 to publish insights and intelligence on mergers and acquisitions. Over the past seventeen years, it has established and now serves the world’s premier leadership organization of M&A, Turnaround and Finance professionals. Today, The M&A Advisor is the preeminent organization recognizing excellence, honoring achievement, presenting thought leadership and facilitating connections among the world’s leading dealmaking professionals.
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 and Chicago, the firm serves middle-market clients throughout the U.S. For more information about FocalPoint Partners, visit focalpointllc.com.Please contact Michael Fixler, Managing Director, at 312-508-5780 with any questions about this award.
To view the complete list of Turnaround Award winners, please CLICK HERE.