The M&A Advisor, a global network of M&A, turnaround and finance professionals, announced that Mackinac Partners’ Senior Managing Director Keith Maib will be the recipient of the 2018 M&A Advisor Leadership Award, a career-spanning recognition of his contributions to the turnaround and restructuring industry and the clients and stakeholders it serves.
Maib will be honored and presented with the award at The M&A Advisor’s 12th Annual Turnaround Awards Gala at the 2018 Distressed Investing Summit on March 21, 2018, in Palm Beach, FL.
“The M&A Advisor Leadership Award was created to celebrate the ingenuity, perseverance and creativity of turnaround professionals. Keith Maib truly exemplifies those qualities, and our industry is the greatest beneficiary,” said David Fergusson, President and Co-CEO of The M&A Advisor.
Maib, who co-leads Mackinac Partners’ Financial Restructuring, Transaction Advisory and Private Equity practice areas, has worked closely with Jim Weissenborn, the firm’s founder and Managing Partner, in building Mackinac Partners into one of the preeminent advisory organizations serving middle market distressed companies and the financial communities that provide their capital.
“This is a great honor. We are very pleased for Keith and grateful to his business and industry peers and to his wife Elaine,” said Mackinac Partners Managing Partner Jim Weissenborn. “Over the past decade with Mackinac Partners, Keith has been at the forefront of our firm and our industry - running very challenging, financially complex, high profile restructurings. Keith is happiest when he can jump into a distressed situation with both feet and dedicate his superior management skills and business acumen to the goal of finding the best path to save the businesses and maximize returns for stakeholders. His leadership has really helped us grow as a firm and demonstrate our team’s ability to drive value in any circumstance. Our thanks to Keith for his many contributions, and congratulations on this well-deserved career recognition award,” Weissenborn said.
Mackinac Partners’ recent growth has led to the establishment of new offices in Dallas, Chicago and Boston to complement the firm’s Michigan headquarters and Los Angeles office. The firm has enhanced service capabilities across key industries including agribusiness, energy, financial services, hospitality and leisure, healthcare, manufacturing, real estate, restaurants, retail, and transportation, among others. Mackinac Partners has also added senior professionals with extensive intelligence, investigative, litigation support and dispute advisory experience to further assist stakeholders in securing assets, returns and value in complex cases and business transactions.
Maib has served as CEO or CRO in many complex, high profile restructurings including AgFeed Industries, Playpower, PennCorp Financial Group and Norwood Promotional Products. He was pivotal in leading the restructuring of Colt Defense, LLC—the team was recognized earlier this year with The M&A Advisors Distressed M&A Deal of the Year ($250MM to $500MM) for the successful restructuring of this iconic American supplier of firearms to U.S. military, law enforcement and civilian customers.
With the presentation of the 2018 M&A Advisor Leadership Award, Maib joins a notable and exclusive community of other industry leaders who have preceded him, including Wilbur L. Ross, Jack Butler, Robert “Steve” Miller, Harvey R. Miller, Timothy Coleman, William Repko, Corinne Ball, Barry Ridings, Tom Lauria, and Sheila Smith.