Livingstone’s Special Situations Transactions Win Turnaround Atlas Awards

Livingstone’s Special Situations Practice is pleased to announce that two of our recent transactions have been recognized by the Global M&A Network for excellence and outstanding achievements in the global restructuring community. The Turnaround Atlas Awards have been awarded as follows:

Corporate Turnaround of the Year Award – Sale of Cardiac Science, a leading global provider of automated external defibrillators, to Aurora Resurgence.

Out of Court Restructuring of the Year Award – Sale of Harris Connect, a leading provider of alumni and membership directories to educational institutions and non-profit organizations, to Publishing Concepts, Inc.

“These awards are a testament to Livingstone’s special situations practice and our ability to develop, evaluate, and implement solutions for clients under a variety of difficult circumstances,” said Joseph Greenwood, Partner and Head of Livingstone’s U.S. Special Situations Practice. “As a full-service M&A and debt advisor that regularly assists clients throughout the complete business lifecycle, Livingstone continues to see a number of distressed businesses, despite robust conditions across the middle market.” 

The Turnaround Atlas Awards exclusively honors excellence from the restructuring, distressed investing, insolvency, special situations M&A transactions and turnaround communities. The independent awards recognize achievements in the categories of best value-creating transactions, outstanding firms, top professionals and influential leaders. Livingstone previously received a Turnaround Atlas Award for “Professional Services Turnaround of the Year” for the 2013 sale of IPC International to Universal Protection Service.

Livingstone’s Special Situations practice has extensive experience advising middle-market companies during periods of underperformance, distress, and insolvency, and has a successful track record representing both debtors and creditors and offers a full range of advisory services including distressed M&A, debt and equity raises, restructuring existing debt or equity, strategic alternative and capital structure assessments, as well as committee and board representation.

Click here to see Livingstone’s recent Special Situations transactions.