NEW YORK – April 3, 2024 – Carl Marks Advisors, a leading investment bank providing financial and operational advisory services to middle market companies, has been awarded Out-of-Court Restructuring Deal of the Year and Consumer Discretionary Deal of the Year at the 18th Annual Turnaround Awards, hosted by The M&A Advisor, following the 2024 Distressed Investing Summit.

At the awards ceremony held in West Palm Beach, Florida, Carl Marks Advisors was presented with the Out-of-Court Restructuring Deal of the Year award (over $100MM) for its restructuring of Clarus Glassboards. The firm also won Consumer Discretionary Deal of the Year (under $100MM) for the sale of Nova Wildcat Shur-Line Holdings (H2 Brands) to Gordon Brothers Commercial and Industrial and Nations Capital.

“We are very proud to be among those honored at the 18th Annual Turnaround Awards and thank The M&A Advisor for their continued recognition,” said Evan Tomaskovic, Managing Partner at Carl Marks Advisors. “These awards are a testament to our team’s hard work and dedication and demonstrate our ability to deliver innovative solutions and achieve outstanding results across a diverse range of transactions .”

The Turnaround Awards, widely known as one of the distressed investing and restructuring industry’s benchmarks for excellence, recognize the year’s leading distressed M&A transactions, restructuring, refinancing, products and services, firms, and dealmakers in the United States and international markets.

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