Armanino LLP's Award-Winning Corporate Finance Team Shines

Armanino's Corporate Finance & Restructuring Team Honored

Armanino LLP, a top 20 accounting and consulting firm in the U.S., has received high accolades with the recognition of its Corporate Finance & Restructuring (CFR) Team. They have been awarded the prestigious 2024 Turnaround and Transaction Award by the Turnaround Management Association (TMA) specifically for small companies. This esteemed award is a testament to the team's hard work and dedication, demonstrating their expertise in guiding clients through complex financial situations.

Successful Restructuring of a Health-Tech Firm

The CFR team succeeded in orchestrating the restructuring and sale of a health-tech firm’s diagnostics and technology assets. This involved a meticulous process where they ensured that the sale aligned with the needs of one of the leading global healthcare institutions. Their approach not only facilitated the sale but also optimized outcomes for all stakeholders involved.

Commitment to Excellence in Service

Michael Hogan, Partner at Armanino, expressed pride in the team's accomplishment. He mentioned, "Leveraging Armanino’s culture of entrepreneurialism allowed us to drive a turnaround and sale that produced excellent outcomes for all parties involved. This award reflects our dedication and the quality of service our clients expect every day."

Recognition Through Rigorous Selection

The TMA's selection process for award winners is notably rigorous, involving multiple rounds of diligence and analysis by a committee of 15 professionals. This diverse group represents various sectors within the turnaround and restructuring industry, giving weight to the recognition that the CFR team has received.

Upcoming Awards Ceremony

Members of the CFR team are looking forward to attending the TMA Annual Conference, which is set to take place soon in Philadelphia. This conference is more than just an awards ceremony; it serves as a valuable opportunity for networking and learning among peers in the industry.

About Armanino LLP

Armanino LLP stands as a significant player in the accounting and business consulting landscape. Recognized as one of the largest independent firms in the nation, they offer a wide array of integrated services, including audit, tax, business management, and technology solutions tailored for both domestic and international clients. The firm is a certified B Corporation, emphasizing its commitment to social and environmental responsibility.

Innovative Solutions for Diverse Needs

What sets Armanino apart is its focus on employing smart technology to revolutionize traditional business practices. They lead a cloud-based transformation of financial, operational, and compliance tools, enhancing the way companies conduct business in today's dynamic environment. With a commitment to facilitating growth and adaptation, Armanino plays a pivotal role through every phase of a company’s lifecycle, from startup to sale.

About TMA

The Turnaround Management Association is a vital nonprofit organization that fosters a community of professionals focused on turnaround and restructuring. It serves as a platform for members to build personal brands and professional networks. Membership includes a diverse array of professionals from turnaround specialists and attorneys to academics and government officials, showcasing the multifaceted nature of the industry.

Expanding Professional Networks

For professionals interested in advancing their careers in the turnaround and restructuring space, joining TMA offers unique opportunities for growth, education, and connection. This organization continually works to advance the industry and shares insights that help members meet the challenges of evolving markets.

Frequently Asked Questions

What is the 2024 Turnaround and Transaction Award?

The award recognizes teams that have excelled in restructuring and financial transactions, highlighting significant achievements within the industry.

Who awarded Armanino LLP this honor?

The Turnaround Management Association (TMA) awarded this honor based on a thorough selection process.

What was the accomplishment of Armanino's CFR Team?

The CFR Team successfully led the restructuring and sale of a health-tech firm's important assets to a prominent global healthcare institution.

Where will the awards ceremony take place?

The awards ceremony will be held during the TMA Annual Conference in Philadelphia.

What services does Armanino LLP provide?

Armanino LLP provides integrated audit, tax, business management, consulting, and technology solutions for various industries.

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