Cassel Salpeter & Co. Named Winner of 7th Annual M&A Advisor Turnaround Award for the Firm’s Work on Airline Restructuring Deal
Top M&A Deals and Professionals honored March 6th at the Colony Hotel
“The award winners represent the best of the M&A industry in 2012 and earned these honors by standing out in a group of very impressive finalists,” said Roger Aguinaldo, CEO of The M&A Advisor.
MIAMI – March 19, 2013 – James Cassel, chairman and co-founder of Cassel Salpeter & Co., an independent investment banking firm that provides advice to middle-market and emerging growth companies in the U.S. and worldwide, today announced that the firm has been named a winner of the 7th Annual M&A Advisor Turnaround Awards. The firm, which was honored this month at an awards gala at the Colony Hotel in Palm Beach, FL, was selected from among more than 175 nominations, representing more than 300 companies nationwide.
Specifically, Cassel Salpeter was named a winner in the “Sector Deal of the Year: Consumer Services” category for its work in the restructuring and sale of Silver Airways (formerly Gulfstream International Airlines) to Victory Park Capital.When Gulfstream International Airlines filed for bankruptcy, Cassel and his colleague Scott Salpeter, the firm’s president and co-founder, assisted in the $30 million sale to Victory Park Capital.Other winners who worked on deal: Berger Singerman; Gulfstream International Airlines; RAM Capital Resources; and Vedder Price.
“The award winners represent the best of the M&A industry in 2012 and earned these honors by standing out in a group of very impressive finalists,” said Roger Aguinaldo, CEO of The M&A Advisor. “From lower middle market to multi-billion dollar deals, we have recognized the leading transactions, firms and individuals that represent the highest levels of performance.”
Added Cassel: “Our sincere thanks to our clients and team of professionals who enabled us to earn this prestigious recognition, which is testament to our firm’s commitment to provide objective, unbiased, results-focused services to middle-market and emerging growth companies in the U.S. and worldwide.”
About The M&A Advisor
Since 1998, The M&A Advisor has been presenting, recognizing the achievement of and facilitating connections between the world’s leading mergers and acquisitions, financing and turnaround professionals with a comprehensive range of services including M&A SUMMITS; M&A AWARDS; M&A CONNECTS; M&A ALERTS, M&A LINKS, and M&A MARKET INTEL. More information is available at www.maadvisor.com.
About Cassel Salpeter & Co.
Cassel Salpeter & Co. is an independent investment banking firm that provides advice to middle market and emerging growth companies in the U.S. and worldwide. Together, the firm’s professionals have more than 50 years of experience providing private and public companies with a broad spectrum of investment banking and financial advisory services, including: mergers and acquisitions; equity and debt capital raises; fairness and solvency opinions; valuations; and restructurings, such as 363 sales and plans of reorganization. Co-founded by James Cassel and Scott Salpeter, the firm provides objective, unbiased, results-focused services that clients need to achieve their goals. Personally involved at every stage of all engagements, the firm’s senior partners have forged relationships and completed hundreds of transactions and assignments nationwide. The firm’s headquarters are in Miami. Member FINRA and SIPC. More information is available at www.CasselSalpeter.com
See the slide show below for photos from the 2013 M&A Advisor Distressed Investing Summit and 7th Annual Turnaround Awards.