Wednesday, July 01, 2009
Global M&A Network presented the Turnaround Atlas Award for the Turnaround Consulting Firm of the Year (Boutique) to Strategic Management Partners, Inc. www.StrategicMgtPartners.com
Turnaround Atlas Awards
Turnaround Atlas Awards is part of the M&A Atlas Awards® brand; and recognizes outstanding performances for executing transactions, implementing turnaround strategies and financial work-outs. The Turnaround Atlas Awards honor achievements for restructuring, distressed M&A transactions, and/or assignments completed in the middle markets. The M&A Atlas Awards® program honors brilliant leaders, sought-after dealmakers, victorious deals, and outstanding institutions in the mergers, acquisitions, alternative distressed investing and related industry participants. Winners were officially revealed and recognized during an Awards Gala — a formal gathering of A-list leaders, dealmakers, and experts from the industry.
Turnaround Atlas Awards qualified Strategic Management Partners, Inc. and John M. Collard as Finalists in two award categories. Strategic Management Partners, Inc. wins the "Turnaround Consulting Firm of the Year (Boutique)." John M. Collard is a finalist for "Boutique Turnaround Consultant of the Year."
Global M&A Network produces quality mergers, acquisitions and investing centered conferences and the M&A Atlas Awards® in the U.S. and various international markets (Americas, Europe, Asia, Middle East). Programs focus on strategic corporate initiatives, deal making intelligence and relevant topics of direct importance to business building executives, private equity investors, and M&A industry participants.
Shanta Kumari, chief executive officer of Global M&A Network said, "Today, the demand for top talent gathered at the Turnaround Atlas Awards gala is vital for preserving industries, jobs and rebuilding of the American economy and competitiveness. Winners and finalists can take pride for completing an impressive array of turnarounds requiring creative collaboration and the very best from the industry." Strategic Management Partners, Inc.
: turnaround managers and private equity advisors ready to run troubled companies, manage recovery funds, recover assets from investments gone bad, advise boards of directors and investors on company viability and investing in distressed situations.
Mr. Collard said, "We are honored to receive this prestigious award, and to be singled out for our work in the turnaround and distressed investing industry in this way." "These are turbulent times for business. The declining economy was a catalyst for unprecedented changes in government policy to bail out the financial community. However, government omitted language that would compel banks to in turn lend to business to fuel job creation and recovery. Unfortunately, turning around business and creating jobs will be slow and cumbersome until government corrects this situation or until the private equity community steps in with private capital, because the banks are not lending."
"This depressed market provides an excellent time to buy distressed companies because their owners are willing to make a deal. It is a poor time to sell a company because the return multiples are low and the financing almost nonexistent. To turn companies around in this economic climate is tough; you need to drive revenues in the face of depressed consumer buying motivation, and you need capital to finance the recovery. The buying public has tightened their belts and financing is difficult to come by. However, there are strategies to invest, turn those investments in a positive direction, raise financing, and then sell at increased multiples."
The Firm: Strategic Management Partners, Inc. (www.StrategicMgtPartners.com 410-263-9100)
is a turnaround management firm specializing in interim executive CEO leadership, asset recovery, corporate renewal governance, private equity advisory, and investing in underperforming distressed troubled companies. SMP helps clients restore value to troubled companies, recover assets for fund investors, support litigation, and invest private equity into distressed opportunities. The firm has been advisor to Presidents Bush (41 & 43), Clinton, and Yeltsin, World Bank, EBRD, Company Boards, and Equity Capital Investors on leadership, governance, turnaround management and equity investing. SMP is celebrating 20 years of service to its clients. SMP was named Maryland's Small Business of the Year, and received the Governor's Citation, Governor Martin J. O'Malley, The State of Maryland
as a special tribute to honor work in the areas of turning around troubled companies and saving jobs in Maryland. Turnarounds & Workouts Magazine has twice named SMP among the 'Top Outstanding Turnaround Management Firms'
. American Business Journals named SMP among the Most Active Turnaround Management and Consulting Firms
in Baltimore, Washington, and the Mid-Atlantic Region. Global M&A Network, presented their Turnaround Atlas Award for the Turnaround Consulting Firm (Boutique) of the Year
to Strategic Management Partners, Inc.
John M. Collard is a Certified Turnaround Professional (CTP), who brings 35 years senior operating leadership, $85M asset recovery, 40+ transactions worth $780M+, and $80M fund management expertise to run troubled companies, and advise company boards, litigators, institutional and private equity investors. John has on many occasions parachuted in as the CEO or senior executive to turn around a trouble entity. John is Past Chairman of the Turnaround Management Association (TMA)
. John was inducted into the Turnaround Management, Restructuring, and Distressed Investing Industry Hall of Fame
, honoring those individuals whose outstanding contributions have increased the stature and respect of our industry. ###
Reference: www.StrategicMgtPartners.com Turnaround Managers SMP Celebrates 20 Years in Turnaround Business SMP Wins Turnaround Atlas Award for Turnaround Consulting Firm of the Year (Boutique) SMP Named Among Top Outstanding Turnaround Management Firms by Turnarounds & Workouts Magazine SMP Named Maryland's Small Business of the Year and Received the Governor's Citation Strategic Management Partners, Inc. Named to Most Active Turnaround Management Firms in Mid-Atlantic List by American and Baltimore Business Journals www.StrategistLibrary.com
or Strategic Management Partners, Inc. Library Collard Enters Turnaround Management, Restructuring, and Distressed Investing Industry Hall of Fame Collard Past Chairman, Turnaround Management Association (TMA) Is Your Company in Trouble? Published by Corporate Board Magazine
M&A Atlas Awards®: Global M&A Network, LLC www.GlobalMANetwork.com Turnaround Atlas Award Winners 2009
John M. Collard
Strategic Management Partners, Inc.