SierraConstellation Partners, LLC (SCP), an interim management and advisory firm to middle-market companies in transition, has been honored by The M&A Advisor, the world’s premier leadership organization for mergers & acquisitions, restructuring and corporate finance professionals, with a Turnaround Award for Distressed M&A Deal of the Year of between $50 million and $100 million. The award recognizes SCP’s work on the Chapter 11 sale of Katy Industries, during which SCP served as Chief Restructuring Officer for the company.

“We’re incredibly grateful to be honored by The M&A Advisor with this prestigious award,” said Larry Perkins, SCP’s founder and CEO. “It speaks volumes to the great work done by our whole team. At SCP, everyone cares deeply about our mission to give the best counsel to middle-market companies in transition, and to then translate that counsel into measurable business results. With recognition like this, that dedication really shows. I’m proud of everyone at SCP who supported this project, and would also like to congratulate our fellow members of the deal team for their work.”

Now in their 12th year, The Turnaround Awards recognize excellence in deal making, restructuring and financing, celebrating the contributions and achievements of leading firms and professionals. Awards were presented on March 21 at The M&A Advisor’s 2018 Distressed Investing Summit in Palm Beach, Fla.