Carl Marks Advisors announced they have been awarded the Deal of the Year in the Manufacturing category at the 5th Annual ACG New York Champion’s Award event held on June 18 at the Metropolitan Club in New York.

The award, which honors leading middle market transactions, distinguishes the firm’s work as exclusive financial advisor to the shareholders of Tribeca Oven, a New Jersey-based manufacturer of artisan breads and rolls, in its sale to C.H. Guenther & Son (CHG).

“For the sale of Tribeca Oven, we developed an innovative deal structure that we call the Strategic LBO and presented a win-win solution for all parties involved – the buyer, seller and management, “ said Warren Feder, a partner at Carl Marks Advisors and co-founder of the firm’s investment banking group. “We pride ourselves on bringing a creative approach to each transaction, with the goal of achieving an optimal outcome for all stakeholders.”