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Kugman Partners Receives Turnaround Atlas Award for Work as Restructuring Advisor

April 13, 2017, 07:00 AM
Filed Under: Industry News

Kugman Partners is the winner of a 2017 Turnaround Atlas Award for its leadership role in the restructuring and Reorganization of Cardiac Science Corporation.

Brent Kugman, CEO of Kugman Partners, accepted the coveted Corporate Turnaround of the Year Award for Mid-Market Segment 100-250 Million USD at the Ninth Annual Restructuring and Distressed Investing Agenda and Turnaround Atlas Awards, held in New York City on April 4th.

“Receiving this prestigious industry award for our work with Cardiac Science Corporation is an honor,” said Brent Kugman. “It recognizes the precise strategy and finesse we first deployed when removing the old management team, and our subsequent operational abilities.” Mr. Kugman continued, “We were able to stabilize operations and oversee a public sale process that substantiated the value of the company and provided a true fresh start.”

The Turnaround Atlas Award validates the efficacy of Brent’s extensive network of influence within the financial, business, and legal communities. These relationships were instrumental in many facets of this multi-layered engagement, including execution of a challenging regime change, preservation of supply chain relationships, and effective delivery of testimony during court proceedings.

Brent served as President, Treasurer, and Lead Board Member of Cardiac Science Corporation during the company’s restructuring phase, personally conducting the company’s corporate takeover and addressing the concerns of the remaining operating team.  He also oversaw the retention of investment bankers and consultants to assist with financial advisory matters, allowing himself to focus on corporate governance and operational issues

Awarded by Global M&A Network, the Turnaround Atlas Awards validate excellence and tireless work. “Winners should take pride for executing successful restructuring, proving their creativity, expertise, and differentiated talents,” said Shanta Kumari, CEO and Global Group Editor at Global M&A Network.

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