Medina, OH — September 3, 2021 — The M&A Advisor announced the winners of the 15th Annual Turnaround Awards. MelCap Partners, LLC (“MelCap Partners”) was named a winner for the Divestiture Deal of the Year category for its involvement in the sale of the Food Service Division of The Homer Loughlin China Company to Steelite International, a portfolio company of Arbor Investments. The awards will be presented during a gala dinner on Wednesday, September 29 at the New York Athletic Club.
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 communities.
“These award winners represent the best of the distressed investing and reorganization industry over the past year,” said Roger Aguinaldo, Founder of The M&A Advisor. “We are in an environment that has seen whole industries such as retail, restaurants, leisure, and hospitality experience depression-like effects. Despite it all, these professionals have helped companies during these difficult times. We recognize these leading transactions, firms, and individuals that represent the highest levels of performance.”
“We continue to be honored and humbled to be recognized again by The M&A Advisor for this prestigious award. The Homer Loughlin divestiture transaction presented a number of unique complications, including trying to complete a very complex transaction at the beginning of the COVID-19 pandemic. In the end, it was perseverance and hard work of the entire deal teams on both sides that helped get this deal across the finish line,” said Al Melchiorre, President and Founder of MelCap Partners.
About MelCap Partners, LLC
MelCap Partners is an investment banking advisory firm specializing in providing high-quality and innovative financial advisory services to middle market companies. Services provided include merger, acquisition, and divestiture advisory services, the private placement of senior debt, subordinated/mezzanine debt, and equity capital, and general advisory services including business valuations, restructurings, and feasibility assessments. In order to assist MelCap Partners with securities-related transactions, the investment bankers of MelCap Partners are Registered Principals/Representatives of M&A Securities Group, Inc. (“MAS”), a FINRA broker-dealer firm.
About The M&A Advisor
Founded in 1998, The M&A Advisor has built a leading global network of M&A, turnaround, and finance professionals across domestic and international dealmaking. Recipients of its prestigious awards are among the most respected financial professional around the world. During the past two decades, The M&A Advisor has established a legacy of showcasing emerging leaders, connecting pillars of the profession, and recognizing achievement throughout the community. Learn more about The M&A Advisor here.