ToneyKorf recognized for the Out-of-Court Restructuring of the Year by M&A Advisor, December 10, 2019.
ToneyKorf Partners named Turnaround Consulting Firm of the Year and recognized for the Out-of-Court Restructuring of the Year by The M&A Advisor
The M&A Advisor announced the winners of the 14 th Annual Turnaround Awards on December 10, 2019. ToneyKorf Partners, LLC was named the Turnaround Consulting Firm of the Year and also recognized with an award for the Out-of-Court Restructuring of the Year ($10MM to $100MM) for the acquisition of Milford Hospital by Yale New Haven Health. The awards will be presented at a Black Tie Gala on March 18, 2020, at The Colony Hotel in Palm Beach, FL.
“Since 2002, we have been honoring the leading turnaround transactions, companies, and dealmakers. The nominations, representing over 240 participating companies, were judged by an independent panel of industry experts. ToneyKorf Partners was chosen to receive the awards. It gives us great pleasure to recognize ToneyKorf Partners and bestow upon them our highest honor for distressed investing and reorganization firms and professionals,” said Roger Aguinaldo, Founder, The M&A Advisor . “ToneyKorf Partners is a representative of those that reached the pinnacle of the distressed investing, bankruptcy and reorganization industry for 2019 and earned these honors by standing out in a group of very impressive candidates.”
“On our Seventh Anniversary, we are extremely honored to be selected as the Turnaround Firm of the Year. This recognition reinforces our commitment to our clients, and that ToneyKorf is Different ,” said Steven R. Korf, Co-Founder and Senior Managing Director, ToneyKorf Partners. “We are proud to have led Milford Hospital through this out-of-court restructuring and merger with Yale New Haven Health. This successful acquisition now provides the region with even more robust healthcare capabilities and preserves employment for 700 families,” said Mark E. Toney, Co-Founder and Senior Managing Director, ToneyKorf Partners. “Norton Rose Fulbright, Pullman & Comley, and Shipman & Goodwin provided legal counsel that facilitated a successful transaction,” Toney added.
The Awards Gala is a feature of the 2020 Distressed Investing Summit. The Summit will take place on March 17 and 18, 2020, and will feature 250 of the industry’s leading professionals participating in exclusive interactive forums led by a faculty of restructuring industry stalwarts and business media experts. Palm Beach’s exclusive Colony Hotel will be home to the One-on-One Meetings, Opening Night Reception, Symposium, Awards Celebrations, and the Closing Party.
For a complete list of winners CLICK HERE.