Bloomfield Hills, MI – Mackinac Partners, a leading financial advisory, turnaround and restructuring firm, has been recognized with two Deal of the Year Atlas Awards from the Global M&A Network, including Chapter 11 Restructuring of the Year ($500M to $1B) for its role as interim C-level management and lead restructuring advisor to Logan’s Roadhouse® Inc., a leading casual dining steakhouse, and for Special Situation M&A Deal of the Year ($5M to $25M) for the Quantum Fuel Systems Technologies Chapter 11 Reorganization & Sale to Douglas Acquisitions.
Mackinac Partners Senior Managing Director Nishant Machado, who served as CRO and CFO for the Logan’s Roadhouse restructuring and CRO for Quantum Fuel Systems Technologies, was also recognized with the Global M&A Network’s Turnaround Consultant of the Year-Middle Markets award.
The independently governed industry awards were presented at the 9th Annual Turnaround Atlas Awards Gala on April 4, 2017 at the Metropolitan Club of New York across more than 50 restructuring and M&A value creation categories, 15 outstanding firm categories, and 8 professional leadership categories. The Chapter 11 Restructuring of the Year Award ($250M-$1B) was presented to Mackinac Partners and other professional and legal advisors on the Logan’s Roadhouse restructuring team, including Jefferies & Co. and Young Conaway Stargatt & Taylor.
The Special Situation M&A Deal of the Year ($5M to $25M) for the Quantum Fuel Systems Technologies Chapter 11 Reorganization and Sale to Douglas Acquisitions was presented to Mackinac Partners and Quantum’s legal advisors on the transaction, Foley & Lardner. As CRO, Mackinac Partners helped manage the debtor through the bankruptcy process, streamlining activities, and administration of the §363 sale to Douglas Acquisitions LLC. The transaction allowed Quantum to restructure its debt obligations, and through new ownership, to provide the financial foundation for continuity and enhancement of the business.
“It is very special to be recognized by your industry peers for helping drive real value and transformation for your clients,” Mackinac Partner’s Managing Partner and Founder James Weissenborn said. “Congratulations to our co-recipients and team members on the Logan’s Roadhouse and Quantum Fuel Systems Technologies engagements, and to Senior Managing Director Nishant Machado for his well-earned recognition as ‘Turnaround Consultant of the Year’ in leading both of these important restructuring engagements”.
The Turnaround Atlas Awards are awarded annually in global forums to recognize excellence and a “Gold Standard of Performance” among professionals and firms from the global restructuring communities. “Winners should take pride for effectuating successful restructurings by demonstrating their creativity, patience and professional talents,” said Shanta Kumari, CEO and Global Group Editor at Global M&A Network. For a full list of this year’s recipients, please visit: https://globalmanetwork.com/press-center/
About Mackinac Partners:
Mackinac Partners is a leading financial advisory, turnaround management and restructuring firm that helps clients address and resolve financial and operational crises and pursue new growth opportunities. Mackinac Partners helps clients improve capital structures and financial performance, overcome liquidity challenges and improve operations, support litigation and investigations, enhance brand performance, improve profitability, achieve new growth and increase stakeholder value through an array of strategic, restructuring, M&A and financial advisory services including:
For additional information, please visit us at www.mackinacpartners.com. Or if you have a specific situation or inquiry you would like to discuss, please contact us at (248) 258-6900 or email us at: http://www.mackinacpartners.com/contact/.
About Global M&A Network produces world-class conferences and the Gold Standard of Performance, the M&A ATLAS AWARDS™® for mergers, acquisitions, turnaround and alternative investor communities. Group conferences are organized to facilitate discussion, debate and direct inquiry of ideas by enlisting eminent leaders and experts to share their business building ideas, deal intelligence and strategies. Success stems from senior management’s 40 plus years of collective experience executing preeminent financial industry programs in America, Europe, Asia, Australia, Latin America, Africa and Middle-East regions. Significantly, the senior team has worked for leading Wall Street investment banking firms; media; conferences and strategic consulting organizations. To learn more visit: https://globalmanetwork.com