The 14Th Annual Turnaround Awards

14TH ANNUAL TURNAROUND AWARDS PALM BEACH MARCH 18, 2020

#2020turnaroundawards @themaadvisor 1 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor To put together the right deal, assemble the right team.

The Raymond James Recapitalization & Restructuring Investment Banking team has a strong track record of providing a full range of financial restructuring services to address complex situations faced by our clients. Our approach leverages the Raymond James full-service platform by integrating experienced senior industry bankers directly into our deal teams and accessing our capital markets knowledge and capabilities in order to provide the most comprehensive and effective advice and solutions for our clients. Find out how far our experience and insight can take your next transaction.

Completed 200+ restructuring, distressed M&A, recapitalizations and other transactions since 2002 Completed restructuring transactions with more than $100 billion of obligations Delivered over 30+ fairness opinions, valuations and expert reports Advised on $10+ billion of debt and equity financing commitments Provided testimony in 35+ bankruptcy cases

Proud sponsor of the M&A Advisor Turnaround Awards. Congratulations to all the winners.

RAYMONDJAMES.COM/RESTRUCTURING

2 © 2020 Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Past performance is not indicative of future results. 20-ECMRR-0040 JPR 3/20 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor Welcome

Welcome to the 14th Annual Turnaround Awards!

On behalf of The M&A Advisor team, it is my pleasure to welcome you this evening for this celebration. Given the backdrop of COVID-19, I want to personally thank you for your participation as well as the collaborative contributions of our alliance partners, sponsors and judges. Your individual contribution makes it possible to provide this valuable awards program.

Since 2002, The M&A Advisor has been recognizing the premier transactions, companies and dealmakers around the world. And, for the 14th year, it is my privilege to return here to The Colony Hotel in Palm Beach for our annual gathering of the elite performers in distressed investing, restructuring, and reorganization industries.

Tonight, it is my great pleasure to recognize the highest performing professionals - the winners of the 14th Annual Turnaround Awards - and bestow upon them well- deserved accolades and recognition of their accomplishments.

This year we had the privilege of facilitating the judging of the nominations representing over 200 different firms. An independent committee of judges has met the challenge of selecting the winners in the respective award categories who will be recognized this evening.

In addition, I am honored to celebrate the accomplishment of one of the industry’s most respected contributor - Jay M. Goffman, Vice President, Global Advisory, Rothschild & Co. - with the 2020 M&A Advisor Lifetime Achievement Award. We’d also like to recognize Sun Capital Partners who achieved the highest recognition of Private Equity Firm of the Decade for the Turnaround Awards.

If I may be of assistance to you in any capacity tonight, it will be my pleasure to serve you. I look forward to greeting you in person during this evening’s event.

Roger Aguinaldo Founder The M&A Advisor

3 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor 4 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor Thank You

The M&A Advisor is proud and thankful to have the support of the 14th Annual Turnaround Awards Alliances and Sponsors:

PRESENTED IN ALLIANCE WITH

SPONSORED BY

5 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor Congratulations

MelCap Partners is proud to be recognized for Consumer Discretionary Deal of the Year for the Sale of Sawmill Creek

MelCap Partners would also like to thank The M&A Advisor for this honor and recognition, and the other members of the Sawmill Creek deal team who helped make this deal possible.

We congratulate all the winners of the 14th Annual Turnaround Awards

Commitment to Help You Navigate Difficult Choices

Albert D. Melchiorre | President P: 330-239-1990 F: 330-239-1991 A: 1684 Medina Road, Suite 102, Medina, OH 44256 E: [email protected] W: www.melcap.com

Securities offered through M&A Securities Group, Inc. Member FINRA/SIPC. 6 MelCap and MAS are not affiliated entities. #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor Whatever the Challenge, Be WHARTON READY.

Deals are COMPLEX, upcoming finance programs:

Returns are UNCERTAIN, new Distressed Asset Investing and Corporate Restructuring Possibilities are jun. 8–11, 2020 Private Equity INFINITE. apr. 20–24, 2020 oct. 19–23, 2020

Mergers and Acquisitions jun. 14–19, 2020 learn more & apply › Advanced Finance Program 6 programs in 2 years execed.wharton.upenn.edu/INVEST earn alumni status 8 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor Award Judging

In August of 2019, The M&A Advisor issued a Call for Nominations to all distressed investing, restructuring, and turnaround professionals and firms to participate in the 14th Annual Turnaround Awards.

To qualify the nominees, The M&A Advisor Awards research team used both real- time and historical information on the candidates, during the nomination vetting process. Chosen for their distressed investing, restructuring, and turnaround industry expertise, the following 18 judges were then selected to evaluate the qualified nominees:

Liam Ahern | Managing Director, Gordian Group Tom Becker | Director, Sitrick Brendan Burke | Managing Director, Capstone Headwaters Kevin Conner | Managing Partner, Conner LLP Ted Gavin | Managing Director, Gavin/Solmonese LLC Christopher Jarvinen | Partner, Berger Singerman Marc Kalton | Managing Director, Edica Garnett Partners Jason Kellams | President and COO, Derby Fabricating Solutions Steve Klemencic | Managing Director, Ankura Jeff Lambert | CEO, Lambert & Co. Joe O’Donnell | Vice President, Investigative Management Group Stephen Peca | Managing Director, Windy Acres Capital and Advisory Steve Rose | Founder and Managing Partner, The Rose Group Michael Small | Partner, Foley & Lardner LLP Scott Sutton | Vice President, Safeguard Boris Tsimerinov | Managing Director, Semper8 Capital Ray Weisner | Managing Director, Valuation Research Corporation Allen Wilen | Partner, EisenerAmper

The candidates were judged in the security datasite to ensure that all eligible nominations were processed and evaluated securely and confidentially.

9 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor Congratulations

InvestIgatIve ManageMent group a unIt of strang Hayes HoldIng Corp.

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10 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor 14TH ANNUAL TURNAROUND AWARDS

11 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor opening doors for possibility

Polsinelli is proud to support the 2020 Distressed Investing Summit and the 14th Annual Turnaround Awards.

Our Bankruptcy & Restructuring Group is honored to receive the Healthcare/Life Sciences Deal of the Year award from M&A Advisor. The practice provides a national footprint with a focus on representing Chapter 11 debtors, distressed borrowers, and buyers and sellers of distressed assets.

Check out The Devil’s Dictionary of Bankruptcy Terms – exclusively created by Polsinelli’s Bankruptcy & Restructuring attorneys – at devilsdictionary.polsinelli.com for an accessible and enjoyable means of quickly cutting through bankruptcy jargon.

real challenges. real answers.SM

Am Law 100 firm with 900 attorneys nationwide 21 offices from LA to NY 170+ services/industries polsinelli.com

The choice of a lawyer is an important decision that should not be based solely upon advertisements. Polsinelli PC, Polsinelli LLP in California.

12 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor The 14th Annual Turnaround Awards

The winners for the 14th Annual Turnaround Awards are as follows: I. SECTOR AWARD CATEGORY

CONSUMER DISCRETIONARY DEAL OF THE YEAR Sale of Sawmill Creek MelCap Partners, LLC Allen Stovall Neuman Fisher & Ashton, LLC Sawmill Creek Resort Meaden & Moore Cedar Fair LP

CONSUMER STAPLES DEAL OF THE YEAR The Sale of Lucky Vitamin, LLC SSG Capital Advisors LLC RAS Management Advisors, LLC Holland & Knight LLP Womble Bond Dickinson (US) LLP Ropes & Gray LLP

ENERGY DEAL OF THE YEAR Restructuring of Integrated Equipment’s existing debt and the private placement of a credit facility with Veritas Financial Partners and placement of equity with private investors Chiron Financial Veritas Financial Partners Integrated Equipment

FINANCIALS DEAL OF THE YEAR Restructuring of Ditech Holding Corporation Epiq AlixPartners Pachulski Stang Zeihl & Jones LLP Houlihan Lokey Capital, Inc. Weil, Gotshal & Manges LLP

INDUSTRIALS DEAL OF THE YEAR Acquisition of Systron Donner Inertial by an Affiliate of Resilience Capital Partners Resilience Capital Partners KippsDeSanto & Co. Carlyle Group CliftonLarsonAllen PAI Partners Aon InnoVista Sensors Zieleniec HR Solutions Tucker Ellis LLP Ramboll

INFORMATION TECHNOLOGY DEAL OF THE YEAR Acquisition of Windward Software by Volaris Group a subsidiary of Constellation Software Madison Street Capital Volaris Group

13 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor MATERIALS DEAL OF THE YEAR Sale of Republic Metals Corporation to Asahi Holdings, Inc. SSG Capital Advisors LLC Luskin Stern & Eisler LLP Arnold & Porter Kaye Scholer, LLP RPA Advisors, LLC Paladin Management Group, LLC Cooley LLP Ernst & Young LLP CBIZ, Inc. Akerman LLP

PROFESSIONAL SERVICES (B-TO-B) DEAL OF THE YEAR Acquisition of Fosbel, Inc. by Anderson The Anderson Group LLC Lakewood & Company, LLC Conway Mackenzie Jaffe Raitt Heuer Weiss Cherry Bekaert LLP Squire Patton Boggs Baker Tilly Benesch Grant Thornton

UTILITIES DEAL OF THE YEAR Settlement Agreement Between Corpus Christi Alumina LLC, Sherwin Alumina LLC, Gregory Power Partners LLC, and NRG Energy Inc. Katten Muchin Rosenman LLP Gregory Power Partners LLC Reichman Jorgensen LLP Corpus Christi Alumina LLC Baker Botts LLP NRG Energy, Inc. Drivetrain LLC

HEALTHCARE/LIFE SCIENCES DEAL OF THE YEAR ($10MM TO $50MM) Acquisition of Cancer Genetics, Inc. Biopharma Business by Interpace Diagnostics National Securities Corporation Interpace Diagnostics Cancer Genetics, Inc.

HEALTHCARE/LIFE SCIENCES DEAL OF THE YEAR ($50MM TO $100MM) Restructuring of Elements Behavioral Health Polsinelli McDonald Hopkins Blue Mountain Capital Management Bass, Berry & Sims PLC

HEALTHCARE/LIFE SCIENCES DEAL OF THE YEAR ($100MM TO $500MM) Restructuring of Joerns Healthcare FTI Consulting Conway MacKenzie White & Case Moelis King & Spalding

HEALTHCARE/LIFE SCIENCES DEAL OF THE YEAR ($500MM OR MORE) Restructuring of TridentCare USA PJT Partners Togut, Segal & Segal LLP Trident Houlihan Lokey Ankura AlixPartners Silver Point Capital Paul, Weiss, Rifkind, Wharton & Garrison LLP Skadden, Arps, Slate, Meagher & Flom LLP Kilpatrick Townsend & Stockton LLP

15 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor We simplify access to capital to help our clients thrive.

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16Lilies Lanway – Senior Vice President – 727.527.3323 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor II. FIRM AWARD CATEGORY

ACCOUNTING/DUE DILIGENCE FIRM OF THE YEAR ACA Aponix

BOUTIQUE INVESTMENT BANKING FIRM OF THE YEAR Gordian Group

COMMUNICATIONS FIRM OF THE YEAR Joele Frank

LAW FIRM OF THE YEAR Davis Polk & Wardwell LLP

PRIVATE EQUITY FIRM OF THE YEAR American Industrial Acquisition Corp (AIAC)

TURNAROUND CONSULTING FIRM OF THE YEAR ToneyKorf Partners, LLC

III. TURNAROUND PRODUCT/SERVICE AWARD CATEGORY

BANKRUPTCY TECHNOLOGY PLATFORM OF THE YEAR Stretto Corporate Restructuring Services

MARKET DATA & RESEARCH PLATFORM OF THE YEAR Leveraged Commentary & Data (LCD)

PROFESSIONAL SERVICES OFFERING OF THE YEAR Aon

IV. PROFESSIONAL AWARD CATEGORY

LEGAL ADVISOR OF THE YEAR Stephen Zide, Partner, Kramer Levin Naftalis & Frankel LLP

TURNAROUND CONSULTANT OF THE YEAR Jeff Sands, Managing Partner, Dorset Partners LLC

17 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor FIRM OF THE DECADE

Private Equity Firm of the Decade

In recognition of being Private Equity Firm of the Decade for the Turnaround Awards

18 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor AWARD HONOREE

2020 Lifetime Achievement Award Recipient

Jay M. Goffman Vice-Chairman, Global Advisory Rothschild & Co.

19 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor V. M&A TRANSACTION AWARD CATEGORY

DISTRESSED M&A DEAL OF THE YEAR ($10MM TO $25MM) Section 363 Sale of Select Things Remembered Stores to Enesco, LLC Stifel Financial Balmoral Funds Miller Buckfire Kirkland & Ellis LLP Enesco LLC Landis Rath & Cobb LLP Things Remembered, Inc. Province Pachulski Stang Ziehl & Jones Keen-Summit Capital Partners Berkeley Research Group, LLC

DISTRESSED M&A DEAL OF THE YEAR ($25MM TO $50MM) Sale of Kane Beef to JDH Capital Gordian Group Kirkland & Ellis LLP The Claro Group Okin Adams JDH Capital Judge Richard Schmidt

20 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor DISTRESSED M&A DEAL OF THE YEAR ($50MM TO $75MM) Acquisition of B&G Crane Services by Maxim Crane Works FTI Consulting Stifel Financial Weil, Gotshal & Manges LLP PwC Apollo Management Paul Weiss

DISTRESSED M&A DEAL OF THE YEAR ($75MM TO $100MM) Acquisition of Open Road Films by Raven Capital Management FTI Consulting Klee Tuchin Bogdanoff & Stern Raven Capital Management Greenberg Traurig DLA Piper

DISTRESSED M&A DEAL OF THE YEAR ($100MM OR MORE) Sale of Payment Alliance International to Further Global Capital Management Raymond James Inverness Further Global Capital Management

SEC.363 SALE OF THE YEAR ($10MM TO $25MM) Sec.363 Sale of Schramm Inc. FocalPoint Partners FocalPoint Securities Pepper Hamilton LLP Young Conaway Stargatt & Taylor, LLP

SEC.363 SALE OF THE YEAR ($25MM TO $50MM) Sec. 363 Sale of Restaurants Unlimited Configure Partners Grant Thornton Carl Marks Klehr Harrison Fortress Investment Group Restaurants Unlimited NXT Capital Cole Schotz

SEC.363 SALE OF THE YEAR ($50MM OR MORE) Sizmek Technologies, Inc. (and certain foreign subsidiaries) sale of AdServer assets to Amazon.com, Inc. Katten Muchin Rosenman LLP FTI Consulting Skadden Arps Slate Meagher & Flom LLP Klee, Tuchin, Bogdanoff & Stern LLP K&L Gates Cooley LLP FTI Capital Advisors, LLC Province, Inc. Amazon.com, Inc.

21 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor VI. CHAPTER 11 REORGANIZATION AWARD CATEGORY

CHAPTER 11 REORGANIZATION OF THE YEAR ($10MM TO $25MM) Reorganization and Sale of Argos Therapeutics, Inc. to an affiliate of SCM Life Science Co., Ltd. and Genexine, Inc. WilmerHale Sonoran Capital Advisors SSG Advisors Landis, Rath & Cobb LLP Cole Schotz P.C.

CHAPTER 11 REORGANIZATION OF THE YEAR ($25MM TO $50MM) Chapter 11 Reorganization of Diesel USA, Inc. Arent Fox LLP Getzler Henrich & Associates LLC Young Conaway Stargatt & Taylor, LLP

CHAPTER 11 REORGANIZATION OF THE YEAR ($50MM TO $100MM) Chapter 11 Sale of Pernix Sleep, Inc. Province, Inc. Guggenheim Partners LLC Akin Gump Strauss Hauer & Feld LLP

CHAPTER 11 REORGANIZATION OF THE YEAR ($100MM TO $500MM) Restructuring of Egalet Corporation Dechert LLP Paul Weiss Rifkind Wharton & Garrison LLP Piper Jaffray & Co. Baker & McKenzie LLP Akin Gump Strauss Hauer & Feld LLP Zyla Life Sciences (f/k/a Egalet Corporation)

CHAPTER 11 REORGANIZATION OF THE YEAR ($500MM TO $1B) Restructuring and Chapter 11 Bankruptcy Proceedings of Oklahoma ProCure Management LLC Mayer Brown LLP Burr Foreman Morris, Nichols, Arsht & Tunnell LLP Loughlin Management Partners + Co., Inc.

CHAPTER 11 REORGANIZATION OF THE YEAR ($1B TO $10B) Reorganization of Claire’s Stores, Inc. Cooley LLP Lazard Freres & Co, LLC Weil, Gotshal & Manges LLP FTI Consulting Richards, Layton & Finger, P.A. Province

CHAPTER 11 REORGANIZATION OF THE YEAR ($10B OR MORE) Restructuring of iHeartMedia, Inc. Finsbury Kirkland & Ellis PJT Partners Jones Day

22 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor VII. REFINANCING AWARD CATEGORY REFINANCING OF THE YEAR ($10MM TO $100MM) Refinancing of Apex Linen JD Merit & Company Highland Capital Avenue Partners Snell & Wilmer

REFINANCING OF THE YEAR ($100MM TO $1B) Refinancing of Quantum Corporation Armory Group PIMCO Quantum Corporation Blue Torch Capital

REFINANCING OF THE YEAR ($1B OR MORE) Credit Facility for Agilent Technologies, Inc., as borrower, led by BNP Paribas Katten Muchin Rosenman LLP BNP Paribas Shearman & Sterling LLP Agilent Technologies

VIII. RESTRUCTURING AWARD CATEGORY

CROSS-BORDER RESTRUCTURING OF THE YEAR Restructuring of M&G Chemicals PJT Partners Lowenstein Sandler HSBC Rothschild & Co. Alvarez & Marsal Morgan Stanley Weil, Gotshal & Manges LLP Province Jones Day

RESTRUCTURING COMMUNITY IMPACT AWARD ($10MM TO $1B) Sale of Empyrean Towers to RCD Potomac Law Group Cooley LLP Resources for Community Development Law Offices of Paul A. Richler Sugarman & Company, LLP Eviction Defense Center Gubb and Barshay LLP Hopkins & Carley, A Law Corporation Michelson Law Group Law Offices of Andrew Wolff, P.C.

RESTRUCTURING COMMUNITY IMPACT AWARD ($1B OR MORE) Restructuring of The Abraaj Growth Markets Health Fund (AGMHF) AlixPartners Cleary Gottlieb Steen & Hamilton LLP TPG Growth

TURNAROUND OF THE YEAR ($10MM TO $100MM) Section 363 Sale of Assets of Carthage Specialty Paperboard, Inc. Bradley Woods & Co. Ltd. Ox Specialty Paper, LLC Carthage Specialty Paperboard Bond, Schoeneck & King PLLC Barclay Damon O’Donnell & Barr Law Group, LLP

23 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor 24 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor TURNAROUND OF THE YEAR ($100MM OR MORE) Restructuring of StoneMor Partners, LP Carl Marks Advisors Vinson & Elkins LLP FTI Consulting Capital One

OUT-OF-COURT RESTRUCTURING OF THE YEAR ($10MM TO $100MM) Acquisition of Milford Hospital by Yale New Haven Health ToneyKorf Partners, LLC Shipman & Goodwin LLP Yale New Haven Health Pullman & Comley Norton Rose Fulbright US LLP

OUT-OF-COURT RESTRUCTURING OF THE YEAR ($100MM OR MORE) Acquisition of Black Box Corporation by AGC Networks Raymond James Jones Day SunTrust Robinson Humphrey Alvarez & Marsal Alston & Bird

RESTRUCTURING OF THE YEAR ($10MM TO $25MM) Sale of United Business Freight Forwarders (UBFF) West Coast Operations to QX Logistix Chris Carey Advisors LLC Stradley Ronon Stevens & Young, LLP North Mill Capital LLC Scott H. Bernstein, Esq. Azadian Group, LLC

RESTRUCTURING OF THE YEAR ($25MM TO $50MM) Chapter 11 Reorganization of New England Motor Freight Elliott Greenleaf, P.C. Phoenix Management Services Whiteford Taylor & Preston LLP CohnReznick LLP Gibbons P.C. Lowenstein Sandler

RESTRUCTURING OF THE YEAR ($50MM TO $100MM) Restructuring of Sherwood Lumber Carl Marks Advisors Ruskin, Moscou, & Faltischek, P.C. Wells Fargo Capital Finance

RESTRUCTURING OF THE YEAR ($100MM TO $250MM) Acquisition of 2 Verity Health hospitals by Santa Clara County Dentons Berkeley Research Group Office of the County Counsel - County Of Cain Brothers Santa Clara Juniper Advisory McDermott Will & Emery

25 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor Congratulations to Jette Campbell & Brian Williams 14th Annual Turnaround Award Recipients

Carl Marks Advisors delivers effective and durable results to help clients navigate through times of transition, growth or stress. Our proactive approach breaks down even the toughest roadblocks to create the alignment and momentum needed to acheive comprehensive resolutions in any situation. www.carlmarksadvisors.com 26 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor RESTRUCTURING OF THE YEAR ($250MM TO $500MM) Restructuring of The NORDAM Group Huron Consulting Group Weil, Gotshal & Manges LLP CR3 Partners Morrison & Forester Simpson Thacher & Bartlett The NORDAM Group Guggenheim Securities Jefferies Congratulations to Alix Partners The Carlyle Group RESTRUCTURING OF THE YEAR ($500MM TO $1B) Restructuring of Syncreon PJT Partners Jones Day Simpson Thacher & Bartlett Weil, Gotshal & Manges LLP Houlihan Lokey Evercore Jette Campbell AlixPartners RESTRUCTURING OF THE YEAR ($1B TO $10B) Restructuring of Waypoint Leasing Holdings Ltd. Mayer Brown LLP Millbank Alvarez & Marsal

RESTRUCTURING OF THE YEAR ($10B OR MORE) & Restructuring of COFINA Stifel Financial US Bankruptcy Court Northern District of Miller Buckfire Texas Brian Williams Citi Phoenix Management Services 14th Annual Turnaround Award Recipients

Raymond James Recapitalization & Restructuring Investment Banking - No matter where your business stands in its lifecycle, Raymond James Investment Banking is here to help you take it to the next level. With deep industry expertise to back up our full-service investment banking capabilities, we’re driven by a commitment to senior banker focus and supported by hundreds of specialized experts within nine growth-oriented industry practices. Whatever your objective, the investment banking professionals at Raymond James can provide the structuring and execution vital to your success at every phase of your company’s growth. Combining deep sub-sector expertise and extensive transaction experience, our 375+ investment bankers work across 22 offices globally. Since 2015, we have raised over $220 billion in capital for corporate clients and completed more than 720 M&A advisory engagements. Raymond James & Associates, Inc., member New York Stock Exchange/SIPC.

Polsinelli’s Bankruptcy & Restructuring practice is a nationally recognized practice that is part of an Am Law 100 law firm with 900 lawyers, 21 offices, and a national footprint with attorneys from Delaware and New York, across the heartland, to Los Angeles that provides cost-efficient legal services to its clients via a mid-market rate structure and a collaborative culture. The attorneys primarily focus on representing chapter 11 debtors, distressed borrowers, and buyers and sellers of distressed assets. They also represent official committees, trustees, individual creditors such as debt holders, vendors, and landlords, and bankruptcy litigants across the country. The Bankruptcy Group also specializes in non-bankruptcy alternatives, including assignments for the benefit of creditors, out-of-court workouts, receiverships, and state court liquidations. Polsinelli is widely recognized for The Devil’s Dictionary of Bankruptcy Terms, which is available for free on iTunes, and the Polsinelli/BK Troller Distressed Indices.

S&P Global Market Intelligence’s Leveraged Commentary & Data (LCD) combines real-time news, deals data and trend analysis on U.S. and European leveraged loan, high yield bond, distressed debt and corporate markets. From the large syndicated market through the middle market, LCD publishes real-time stories on key milestones, from inception through trading, so that you’re able to react to deals and developing trends.

28 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor The M&A Advisor Recommends

Armory is a leading middle market financial advisory firm that provides operational, financial and strategic advisory services in addition to investment banking. Armory’s unique multi-disciplinary platform gives us an unrivaled perspective, allowing us to deliver the right resources and solutions for our clients to fit their unique needs, whether they be operational or transactional in nature. Since 2008 our team has advised on over $15B of transactions, helping clients across a range of industries realize their strategic goals. We regularly help clients navigate critical inflection points and close transformative deals and are a market leader in raising capital for turnarounds. We provide comprehensive creative solutions for the middle market through financial advisory, capital raising, mergers and acquisitions, performance improvement, restructuring advisory and turnaround/ interim management.

Carl Marks Advisors is an investment bank that provides financial and operational advisory services. We are a collaborative partner delivering effective and durable results for our clients – whether they need solutions to complex problems or help navigating transition and growth. Our proactive, persistent approach breaks through roadblocks, identifies a viable path forward, and creates the alignment and momentum needed to achieve successful outcomes. We custom build integrated service teams for each client, uniting operational, transactional, and industry expertise to create effective solutions in even the most challenging situations. Our senior professionals are hands- on leaders who collaborate with clients to develop and implement improvement initiatives while enabling management teams to focus on running their businesses.

Accord Financial Corp., founded in 1978 and traded on the TSX (symbol: ACD), is one of North America’s leading independent commercial finance companies. Serving clients throughout the US and Canada, Accord helps businesses manage cash flow and maximize opportunities with a broad range of asset-based lending solutions, including: factoring, inventory finance, equipment leasing, trade finance, and film/media finance. Accord’s forty years of experience allows us to serve a broad base of the continent’s most dynamic industries with confidence. Our entrepreneurial spirit aligns us with our clients’ ambitions, and our exceptional financial strength makes us the lender of choice for companies financing acquisitions, restructuring and rebuilding, or transitioning to the next level of growth.

29 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor Epiq is a worldwide provider of legal services and technology, serving law firms, corporations, financial institutions and government agencies–helping them manage the complex data and logistics of eDiscovery, bankruptcy and class action. Our clients include leading law firms, corporate legal departments, bankruptcy trustees, governmental agencies, mortgage processors, financial institutions and professional advisors. In the restructuring space, Epiq provides full support for all types of bankruptcy and restructuring cases for companies of all sizes, including lean staffing, pre-filing counselling, claims management, balloting and solicitation, noticing and communication, disbursement, virtual data rooms and data collection preservation. Some of our recent retentions include Pier 1 Imports, Inc., Dean Foods, Insys Therapeutics, Inc., and Trident Holding Corporation.

30 #2020turnaroundawards @themaadvisor #2020turnaroundawards @themaadvisor Turn information into business intelligence with Leveraged Commentary & Data (LCD)

LCD combines real-time news, deals data, and in-depth research on the U.S. and European leveraged loan and high-yield bond markets.

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