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Carl Marks Advisors Honored at Global M&A Network’s 2016 Turnaround Atlas Awards

May 23, 2016, 07:33 AM
Filed Under: Turnaround Management

Carl Marks Advisors, a leading consulting and investment banking advisor to middle market companies, today announced that the firm has been recognized by the Global M&A Network at their 2016 Turnaround Atlas Awards as Restructuring Investment Bank of the Year for Middle Markets.  In addition, the firm and executives were among the winners in the categories of “Transactions” and “Restructuring & Turnaround Professionals,” excelling in the execution of restructurings and driving successful outcomes, including:

Out of Court Restructuring of the Year – Middle Markets
For the sale and recapitalization of Joe’s Jeans.

Cross Border Distressed M&A Deal of the Year – Middle Markets
For their work on the Cal Dive International sale to Everest Hill Energy and Shelf Subsea Services.

Top 100  Restructuring & Turnaround Professionals
Evan Tomaskovic, Partner at Carl Marks Advisors and CEO of Carl Marks Securities

“We are thrilled to be recognized by the Global M&A Network for the unique solutions we bring to complex restructurings in the middle market,” said Duff Meyercord, Managing Partner of Carl Marks Advisors.  “It is very rewarding to be recognized for our hard work and value we bring to our clients, especially given the challenges we were tasked to navigate as we brought these deals to a successful close,” added Meyercord.

Turnaround Atlas Awards honors excellence in categories of best value-creating transactions, outstanding firms, influential professionals and leaders from the restructuring, bankruptcy, special situation deals and turnaround communities, world-wide.

Carl Marks Advisory Group LLC (Carl Marks Advisors), a New York-based consulting and investment banking advisory firm serving middle-market companies, provides an array of investment banking and operational services, including mergers and acquisitions advice, sourcing of capital, financial restructuring plans, strategic business assessments, improvement plans and interim management.

The award-winning firm received the 2015 ACG New York Champion's Award for Deal of the Year in Manufacturing; was included in Turnarounds & Workouts 2015 Outstanding Turnaround Firms, Global M&A Network 2014 annual listing of the Top 100 Restructuring and Turnaround Professionals and Turnarounds & Workouts 2014 Outstanding Investment Banking Firms; received the 2013 & 2014 Turnaround Atlas Awards' Middle Market Restructuring Investment Banker of the Year; 2013 M&A Advisor's Sector Financing Deal of the Year (Real Estate); the 2013 Turnaround Atlas Awards' Healthcare Services Turnaround of the Year and Mid Markets Restructuring Investment Bank of the Year.

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