B. Riley Advisory Services was named Middle Market Turnaround Consulting Firm of the Year for its outstanding leadership in restructuring. The firm was also awarded in several individual deal categories at the 12th Annual Turnaround Atlas Awards hosted by Global M&A Network.

Ian Ratner, Co-Chief Executive Officer of B. Riley Advisory Services said, "We are extremely proud and honored to receive the 2020 Atlas Award for Turnaround Consulting Firm of the Year. This achievement validates B. Riley's position as a global restructuring leader and recognizes the deep trust our clients place in us to help navigate their most complex, mission-critical strategic objectives. We could not be more excited to celebrate this accomplishment with our colleagues, valued clients and trusted partners."

In addition to its recognition as Turnaround Consulting Firm of the Year, B. Riley received awards for its respective roles in the following bankruptcy and restructuring matters.

Power & Utilities Restructuring of the Year (Mid-Market)
B. Riley served as financial advisor to Agera Energy, a power and gas retail energy provider, throughout its Chapter 11 restructuring process in the Southern District of New York, ultimately facilitating the successful sale of its assets. The engagement was led by Tom Buck and Wayne Weitz.

Special Situation M&A Deal of the Year (Mid-Market)
B. Riley served as financial advisor to the Official Committee of Unsecured Creditors in the Aceto Pharmaceuticals Chapter 11 bankruptcy in the District of New Jersey and related sale of its chemical business and pharma assets. The engagement was led by Joe Pegnia, Mark Shapiro and Tom Buck, and resulted in a material recovery for unsecured creditors.

Energy Services Restructuring of the Year (Mid-Market)
B. Riley served as financial advisor to the Official Committee of Unsecured Creditors in Shale Support's Chapter 11 in the Southern District of Texas. The manufacturer of proppant sand for the fracking industry successfully reorganized in under four months, ultimately preserving recovery for unsecured creditors. The engagement was led by Scott Van Meter, Mark Shapiro and Wayne Weitz.