Cedar Croft Consulting, a turnaround management and financial advisory firm serving middle-market companies across North America, earned the Turnaround Management Association’s (TMA) 2026 Small Company Turnaround/Transaction of the Year award for its work with Ted’s Hot Dogs. Patrick Walsh, president and managing director of Cedar Croft Consulting, led the engagement. He and the award-winning team will be recognized at the TMA Annual Conference, held Oct. 27 – 30, 2026, in Houston, Texas.
TMA’s Turnaround and Transaction of the Year Awards are selected through a rigorous peer-review process. The volunteer TMA Awards Committee conducts extensive due diligence on every nominated case, with particular emphasis on clearly defined, measurable outcomes. Ted’s Hot Dogs is among TMA’s 2026 honorees, alongside Claire’s, Fossil Group and IG Design in the Mega, International and Large Company categories.
