Oberon Securities Announced as Winner at the 13th Annual M&A Advisor Awards
The M&A Advisor announced the winners of the 13th Annual M&A Advisor Awards on Monday, November 17th at the 2014 M&A Advisor Awards Gala in New York City. Oberon Securities was named a winner for the Restructuring Deal of the Year (between $100 million and $1 billion) for its role as investment banker for the recapitalization of Select Staffing which included $230 million of new equity led by Anchorage Capital, BlueMountain Capital, Pine River Capital Management and Redwood Capital Management and a new credit facility consisting of a $370 million term loan and a $120 million revolving line of credit.
"Over the course of the past five years, the team at Oberon Securities has been a highly trusted partner of the Select Staffing team", said Steve Sorensen, the company’s CEO. "Oberon’s unwavering focus and commitment to our company and uncompromised advice was an important component in helping Select achieve a successful restructuring that has positioned the company for success going forward."
The transaction cut debt at Select by 46% or about $300 million and was the culmination of a nearly five year advisory engagement between Select and Oberon. The Oberon team on the transaction engagement was led by Adam Breslawsky.
“Since 2002, we have been honoring the leading M&A transactions, companies and dealmakers. Oberon Securities was chosen from over 600 participating companies to receive the award. It gives us great pleasure to recognize Oberon Securities and bestow upon them our highest honor for M&A firms and professionals,” said David Fergusson, Co-CEO and President, The M&A Advisor. “Oberon Securities represents the best of the M&A industry in 2014 and earned these honors by standing out in a group of very impressive candidates.”
The Gala is the premier celebration of the year for the industry’s leading M&A Dealmakers and is held in conjunction with the 2014 M&A Advisor Summit that featured over 500 of the industry’s leading M&A professionals participating in exclusive interactive forums led by over 50 M&A, media, academic, and stalwarts.
Oberon Securities is a New York City based boutique investment bank providing sell-side and buy-side mergers and acquisitions, capital raise and financial advisory services primarily to middle market companies. With sector experience in business services, consumer products, technology, media and telecommunications, healthcare, real estate and industrials. Oberon has executed in excess of 100 transactions since 2001
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