Category: Turnaround Management News

Phoenix Receives M&A Advisor Turnaround Awards

Vince Colistra, senior managing director and shareholder of Phoenix Management Services and Phoenix Capital Resources, accepted two awards presented at the 6th annual M&A Advisor Turnaround of the Year Gala. The awards were: Cross-Border Deal of the Year (Middle Market) and Divestiture Deal of the Year.

Focus Management Group Hires Karel as Managing Director

Focus Management Group added Joseph (Joe) Karel as a managing director to complement the firm’s growing business development strategies. He will be based out of the firm’s Chicago office and will focus his efforts to build the firm’s presence nationwide with a strong emphasis in the Midwest.

O’Keefe & Associates, Director Win M&A Advisor Turnaround Awards

O’Keefe & Associates won the Turnaround of the Year Award (Lower Middle Market) and the Industrial Manufacturing/Distribution Deal of the Year Award for the turnaround of Graceland Fruit. Meagan Hardcastle, a director in O’Keefe’s Strategic Advisory Services Group, was honored with the Turnaround Professional of the Year Award.

Alvarez & Marsal Opens Calgary Office, Hires Reid

Alvarez & Marsal has established a new office in Calgary, Alberta. Restructuring industry leader Tim Reid has joined the firm as a managing director and head of the firm’s Turnaround and Restructuring practice in Calgary, and Orest Konowalchuk has joined as director.

BDO Valuation Advisors Appoints Mannion to SVP, Atlanta

BDO Valuation Advisors announced the appointment of Tom Mannion to senior vice president at BDO Valuation Advisors in the Atlanta office. Prior to joining BDO Valuation Advisors, he served as director at Grant Thornton, where he provided valuation analysis for financial reporting and tax planning purposes.