SierraConstellation Partners Wins The M&A Advisor’s Annual Turnaround Awards for the Third Year
LOS ANGELES--(BUSINESS WIRE)--Sep 7, 2021--
SierraConstellation Partners (SCP), a national interim management and advisory firm, has been honored in two categories at the 15th Annual Turnaround Awards. The awards, sponsored by The M&A Advisor and presented in conjunction with the 2021 Distressed Investing Summit, recognizes standout transactions in the bankruptcy and restructuring space over the past year. This is the third time The M&A Advisor’s prestigious annual awards have acknowledged SCP as one of the top turnaround dealmakers.
“Our work being recognized by The M&A Advisor’s annual awards for the third time is an incredible feat, and a testament to the quality work we do for all of our clients, including Wave Computing and Alto Ingredients,” said SCP Founder and CEO Larry Perkins.
SCP was named a winner in two categories:
- Information Technology Deal of the Year: For guiding Wave Computing, a processor technology company, through a year-long Chapter 11 restructuring process and a successful exit from bankruptcy rebranded as MIPS, generating a strong outcome for creditors and other stakeholders.
- Turnaround of the Year (Over $100M): For the firm’s work on the restructuring and rebranding of Alto Ingredients (formerly known as Pacific Ethanol), a major provider of alcohol/ethanol products and agricultural ingredients, positioning this $1 billion company to capitalize on the surging need for alcohol products such as hand sanitizer during the COVID-19 pandemic and setting the company up for long-term success.
“We’re always looking for ways to work with management teams to navigate and take advantage of major disruptions,” said SCP Partner and Senior Managing Director Winston Mar. “Our team’s experience and reputation for results has allowed us to be at the center of landmark restructuring projects like Alto, where we worked hand-in-hand with management to successfully capitalize on an opportunity created by the pandemic.”
Now in its 15 th year, The M&A Advisor Turnaround Awards recognize excellence in deal-making, restructuring, and financing, celebrating the contributions and achievements of leading firms and professionals. Awards will be presented at The M&A Advisor’s 2021 Distressed Investing Summit in Manhattan, New York, on September 29.
About SierraConstellation Partners, LLC
SierraConstellation Partners (SCP) is a national interim management and advisory firm headquartered in Los Angeles with offices in Houston, Boston, and New York. SCP serves middle-market companies and their partners and investors navigating their way through difficult business challenges. Our team’s real-world experience, operational mindset, and hands-on approach enable us to deliver effective operational improvements and financial solutions to help companies restore value, regain creditor confidence, and capitalize on opportunities.
As former CEOs, COOs, CFOs, private equity investors, and investment bankers, our team of senior professionals has decades of experience operating and advising companies. For more information, please visit www.sierraconstellation.com.
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, M&A Advisor has established a legacy of showcasing emerging leaders, connecting pillars of the profession, and recognizing achievement throughout the community. www.maadvisor.com
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CONTACT: Media Contacts
Caroline Hartman / Tara Flanagan
Prosek Partners for SierraConstellation Partners
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: CONSULTING BANKING PROFESSIONAL SERVICES FINANCE
SOURCE: SierraConstellation Partners, LLC
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PUB: 09/07/2021 10:00 AM/DISC: 09/07/2021 10:01 AM