B. Riley Financial was recognized in three individual categories of M&A Advisor’s 16th Annual Turnaround Awards, demonstrating its cross-platform leadership in middle-market investment banking, restructuring and the retail industry.
B. Riley won in the following categories of the 16th Annual Turnaround Awards:
- Restructuring Deal of the Year (between $25 million- $50 million) – restructuring of ABC Carpet & Home, led by Perry Mandarino, B. Riley Securities
- Distressed M&A Deal of the Year (between $25 million – $50 million) – receivership of The Momentum Auto Group, led by Michael J. Issa and Marc Spizzirri, B. Riley Advisory Services
- Consumer Discretionary Deal of the Year ($10 million-$100 million) – sale of Hatteras Yachts to White River Marine Group, a Bass Pro Shops affiliate, led by Michael Fixler and Matthew Cumbee, FocalPoint Partners (a B. Riley Financial company)
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“B. Riley represents the best of the distressed investing and reorganization industry in 2021 and earned these honors by standing out in a group of very impressive candidates,” Roger Aguinaldo, founder and CEO of M&A Advisor, said. “Being chosen from hundreds of participating companies to receive these awards, it gives us a great pleasure to recognize B. Riley and bestow our highest honor for distressed investing and restructuring firms and professionals.”
The awards will be presented at a black-tie gala on Wednesday, Sept. 21 in New York City as a feature of the M&A Advisor‘s 2022 Leadership in Dealmaking Summit.
