TORONTO--(BUSINESS WIRE)--The Catalyst Capital Group Inc. (“Catalyst”) is pleased to announce that it has been recognized with the 2017 Global Private Equity Turnaround Firm of the Year Award from the Global M&A Network. The honor recognizes Catalyst’s accomplishments in the past year, which have included investments in, among others, Pacific Exploration & Production, Tervita Corporation, SFX Entertainment Inc, The Fresh Market Inc. and Relativity Media LLC.
The award was presented to Catalyst on April 4th during the 9th Annual Turnaround Atlas Awards in New York, NY and follows Catalyst’s receipt of the 2017 Cross Border Turnaround of the Year Award for its role in the restructuring of Pacific Exploration & Production Corp.
“We’re honored to have been selected as the Global Private Equity Turnaround Firm of the Year by the Global M&A Network in our first year of participation,” said Newton Glassman, Managing Partner of Catalyst. “I’d like to thank the hard-working team at Catalyst for having such an outstanding year.”
Gabriel de Alba, Managing Director and Partner of Catalyst, said, “This recognition is a testament to Catalyst’s focus on principled investing in the distressed market and generating superior results for investors. We are proud of the work Catalyst accomplished in 2016 and look forward to providing more companies with the strategic tools and operational resources needed to navigate future economic and industry challenges.”
“After evaluating several well-known Private Equity firms from the restructuring communities, we found Catalyst Capital to be a clear winner of the Global Private Equity Turnaround Firm of the Year Award,” said Shanta Kumari CEO and Global Group Editor of Global M&A Network. “Catalyst Capital’s impressive track record of sourcing quality transactions, effecting turnaround strategies for their portfolio companies including the cross-border restructuring of Pacific Exploration and Production Company, illustrates their turnaround expertise, team-oriented approach and knowledge of distressed markets."
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. The winners are selected independently on performance criteria such as style, pre/post workout, survivability and sustainability, operational/client/HR metrics, number of creditors, timeliness, jurisdiction; resourcefulness; among additional criteria unique to the award category. For more information, https://globalmanetwork.com/restructuring/turnaround-awards.
About The Catalyst Capital Group
The Catalyst Capital Group Inc., a private equity investment firm with more than $6 billion in assets under management founded in 2002, is a leader in operationally focused turnaround investing. The firm's mandate is to manufacture risk adjusted returns, in keeping with its philosophy of "we buy what we can build." Catalyst's Guiding Principles of investment excellence through operational involvement, superior analytics, attention to detail, intellectual curiosity, team and reputation are key to the firm's success. The Catalyst team collectively possesses more than 110 years of extensive experience in restructuring, credit markets and merchant and investment banking in Canada, the United States, Latin America and Europe. For more information, please visit www.catcapital.com.
About The Global M&A Network
The Global M&A Network is a diversified digital media and conference connecting company. The company produces the industry's most coveted awards -- The M&A Atlas branded awards worldwide -- from New York, Chicago, San Francisco, Hong Kong, Shanghai, Mumbai, to London. To learn more visit www.globalmanetwork.com.