Stretto Selected as Turnaround Product and Service of the Year in 15th Annual M&A Advisor Turnaround Awards

Bankruptcy-Services and Technology Firm Also Recognized for Role in Award-Winning Cases

IRVINE, Calif.–(BUSINESS WIRE)–The M&A Advisor has selected Stretto, a market-leading bankruptcy-services and technology firm, as a winner in its 15th Annual Turnaround Awards. This year’s award program named Stretto’s Corporate Restructuring Administration Services as the Turnaround Product/Service of the Year. The recognition marks the second consecutive year that Stretto has received this award for its bankruptcy services and technology. Stretto also was honored in the Chapter 11 Reorganization of the Year category for its role in the Neiman Marcus and Old Time Pottery cases, as well as in the Restructuring of the Year category for its role in the Vivus Inc. case.

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.”

Stretto’s corporate restructuring services allow clients to focus on the substantive matters of their transactions by alleviating case-management burdens. Its claims and noticing practice provides innovative services and technology with access to real-time data and reporting on the status of each case. In doing so, professionals and their teams can leverage time and cost-efficiencies which ultimately can benefit the estate and recoveries to all stakeholders.

It is an honor for the entire Stretto team to be recognized once again among the turnaround industry’s most highly regarded firms and professionals,” comments Jonathan Carson, co-CEO of Stretto. “As companies increasingly turned to bankruptcy as a strategic alternative to navigate the COVID-19 economic crisis, we have consistently delivered efficient and streamlined approaches to our clients’ restructuring needs.”

To celebrate the achievements of its award recipients, the M&A Advisor will host a live, in-person awards gala on Wednesday, September 29 at the New York Athletic Club in midtown Manhattan, New York. The gala will follow the M&A Advisor Distressed Investing Summit featuring a full-day program of insights, guidance and discussion from industry professionals and leaders.

For a detailed list of the Award Winners for the 15th Annual Turnaround Awards please CLICK HERE.

About Stretto

Stretto delivers a full spectrum of case-management services, depository solutions, and technology tools to fiduciaries. Offering a comprehensive suite of corporate-restructuring and consumer-bankruptcy capabilities along with multi-faceted deposit and disbursement services, Stretto provides an unparalleled portfolio of solutions under the executive leadership of industry veterans Eric Kurtzman and Jonathan Carson. Sitting at the center of the bankruptcy ecosystem, Stretto leverages deep-industry expertise and market insights to facilitate every aspect of case and cash management for its corporate-restructuring and consumer-bankruptcy clients, as well as fiduciaries and other industry professionals. “Stretto” is a musical term indicating when one voice picks up where another leaves off, and, as our name implies, Stretto seamlessly integrates streamlined workflows and best-in-class technology to orchestrate the case-management process and create harmony for professionals and their teams. For more information about Stretto, visit www.stretto.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 deal making. Recipients of its prestigious awards are among the most respected financial professionals 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

Contacts

Cristina Terrasini

310.775.7615

[email protected]

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