Turnarounds & Workouts, a Beard Group publication tracking distressed businesses in the U.S. and Canada, recognized Conway MacKenzie as an 2016 Outstanding Turnaround Firm. This marks the 15th time the firm has earned this industry distinction.

With more than 120 active turnaround management engagements during 2016, Conway MacKenzie achieved impressive results, as cited by the award selectors, including working with a $100 million confidential specialty niche metals distributor, NoviXus Pharmacy Services and US Shale Solutions, among other clients.

This year, Conway MacKenzie also added 22 new employees to its team roster and launched two new service line offerings, including its Valuation & Opinion Services and Case Management Services practice groups.

“We entered our 29th year as the premier financial advisory firm driving growth and creating value,” said Don MacKenzie, CEO of Conway MacKenzie. “As we continue along this path, we will look to further expand our service offerings while providing vision and expert counsel to our clients. Our team remains committed to this industry and those we serve.”