Phoenix Capital Resources and the entire deal team for the sale of Ennstone, Inc. were recognized at the ACG and M&A Adviser New York Champions’ Awards at Sotheby’s New York.

The sale of Ennstone, Inc. to Bardon, Inc., (d/b/a Aggregate Industries Management, Inc.), a subsidiary of publicly-traded Holcim Ltd, was named Middle Market Deal of the Year (between $25 million and $50 million), and won accolades as Industrial Manufacturing & Distribution Deal of the Year (between $5 million and $50 million). Phoenix Capital Resources acted as the exclusive financial advisor to Ennstone, Inc. Deal team members included Michael Jacoby, Adam Cook, Donald Cunningham, and Patrick Hughes. The specific terms of the transaction were undisclosed.

Other members of the deal team recognized at the event included the following: Aggregate Industries Management (buyer), McGuire Woods, LLP (counsel to the seller), Holland & Hart LLP (counsel to the buyer), Wells Fargo Wholesale Banking (lender to the seller), and VRooms (data room provider).

Criteria used by the judges included the importance of the transaction, product, service, or dealmaker to the industry, and the level of creativity, resourcefulness, and perseverance it took to complete the deal.

“The ACG New York Champions’ Awards winners represent the best of M&A in the New York area in 2012 and earned these honors by distinguishing themselves among a group of very impressive finalists,” said Roger Aguinaldo, CEO of The M&A Advisor.

Cunningham remarked, “It is an honor to be recognized by ACG and The M&A Adviser for the work that culminated in the sale of Ennstone. There were a number of hurdles presented during this transaction, but all parties collaborated to get it over the finish line.”

Phoenix Capital Resources provides investment banking solutions, including M&A advisory, complex restructurings, and private placements.