Executive Sounding Board Associates LLC (“ESBA”) announced that it has been named a 2014 Outstanding Turnaround Firm by Turnaround & Workouts, a leading restructuring industry publication produced by the Beard Group. The Outstanding Turnaround Firm designation is presented to firms annually in recognition of their outstanding achievements during the year.

During 2014, ESBA worked with U.S. and international companies experiencing financial or operational challenges and saved jobs in economically disadvantaged areas.  ESBA sets the standard for achieving success for clients by increasing value and profitability, and providing companies a path to recovery and prosperity.   The firm is consistently ranked as a top turnaround firm in The Deal’s league tables.

“We are honored to receive this prestigious designation,” said Robert D. Katz, President of ESBA. “This award would not have been possible without the hard work and dedication of our professional and administrative staff. The depth of our expertise, longevity in the market and favorable reputation enable us to serve a range of clients, from middle-market to Fortune 500 companies, both private and public."

For over 35 years, Executive Sounding Board Associates LLC, a leading turnaround, restructuring, crisis management, corporate finance and litigation support advisory firm, has worked with U.S. and international middle market companies experiencing financial or operational challenges as well as lenders and law firms in these sectors. Over 1,200 public and privately-held companies have benefited from ESBA’s partnering approach to restoring value for its clients while restoring confidence with the clients’ stakeholders including attorneys, investors, lenders, debtors and creditors. ESBA has served the needs of clients across a wide range of industries.