Firms Recognized For “Refinancing of the Year” For Engagement with Arandell Holdings, Inc.
Steinhilber Swanson LLP, a leading bankruptcy law firm and Harney Partners, corporate turnaround and restructuring advisory firm, have been selected as recipients of the 2021 Turnaround Awards by M&A Advisor. The firms announced they were recognized in the “Refinancing of the Year” (Under $100M) category for their combined legal and financial advisory support in a complex refinancing engagement with Arandell Holdings, Inc. The award-winning refinancing solution enabled Arandell, a print and digital media service provider, to continue operations and preserved more than 500 jobs.
The Awards will be presented during a Gala dinner celebration during the 2021 Distressed Investing Summit in New York City on Wednesday, September 29. View a list of all Turnaround Award Winners and Deals HERE.
Words from the Recipients
“While last year presented significant challenges across many industries, we were steadfast in our focus to achieve the best possible outcomes for our clients,” said Jim Sweet, Partner at Steinhilber Swanson. “Working with a collaborative partner like Harney was critical to the success of this engagement.”
“We are proud of the result of this engagement and are honored to be recognized along with Steinhilber Swanson by M&A Advisor for our commitment to excellence in the turnaround and restructuring space.” said Jim Keane, COO at Harney Partners.
M & A Advisor Recognition Process
The M&A Advisor recognizes those that reached the pinnacle of the distressed investing, bankruptcy, and restructuring industry over the past year. Winners were selected from among hundreds of nominations in category groups including Restructuring of the Year, Transaction of the Year, Refinancing of the Year, Sector Deal of the Year, Firm of the Year, Turnaround Product/Service of the Year and Professional of the Year. Evaluation of the nominees and selection of the winners was completed by prominent members and experts in the M&A, finance, and turnaround community.
Read more about the winning engagement.