Raymond James Recognized with Two M&A Advisor Turnaround Awards
ST. PETERSBURG, Fla. – Raymond James Investment Banking received industry honors during the virtual 14th annual M&A Advisor Turnaround Awards presented last month. The Raymond James Recapitalization & Restructuring team was recognized this year with two deal-of-the-year awards.
- Distressed M&A Deal of the Year (Over $100MM) for the sale of Payment Alliance International to Further Global Capital Management by Mike Pokrassa of the Recapitalization & Restructuring team and Steve Hufford of the Technology & Services Investment Banking team
- Out-of-Court Restructuring of the Year (Over $100MM) for the acquisition of Black Box Corporation by AGC Networks by Geoffrey Richards of the Recapitalization & Restructuring team and Dru Rushing of the Technology & Services Investment Banking team
“We are honored to once again be recognized as industry leaders by The M&A Advisor,” said Geoffrey Richards, head of Recapitalization & Restructuring. “Our team is driven to help our clients identify and implement vital solutions in any environment. Being recognized consistently by The M&A Advisor highlights Raymond James’ valuable experience in providing tailored advice to companies in financial distress.”
These awards add to the year-over-year recognition of the Raymond James Recapitalization & Restructuring group. The team has received two deal-of-the-year awards for three consecutive years. Moreover, in 2015 and 2016, the team was selected as Investment Banking Firm of the Year by The M&A Advisor.
“This recognition by The M&A Advisor is a testament to our ongoing commitment to a client-first approach,” said Jim Bunn, president of Global Equities & Investment Banking at Raymond James. “In an ever-changing environment, it’s gratifying to have the experts of our industry acknowledge our work through these awards.”
Since 2001, The M&A Advisor has been recognizing the world’s leading M&A, financing and restructuring professionals with its annual awards programs. Established in 2007, the annual Turnaround Awards have become the restructuring and distressed investing industry’s benchmark for excellence. The award winners represent the best of the distressed investing and reorganization industry in 2019.
About Raymond James Investment Banking
Raymond James Investment Banking offers highly regarded capital formation and financial advisory services. Since 2015, we have participated in raising nearly $280 billion in capital for our corporate clients and completed over 875 advisory assignments, including nearly 750 M&A buy-side or sell-side advisory assignments.
About Raymond James Financial, Inc.
Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 8,200 financial advisors. Total client assets are $930 billion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at raymondjames.com.