Bloomfield Hills-based O’Keefe, a financial and strategic advisory firm, has been named the winner of the Industrial Goods & Basic Resources Deal of the Year by the M&A Advisor for its work with a manufacturing company.
For the Industrial Goods award O’Keefe navigated through a range of issues including: a shareholder dispute; failed sale of a division; loan covenant violations; a credit freeze; the untimely death of the owner; and a new management team. O’Keefe executed a recapitalization resulting in a full payout to the incumbent bank seeking to exit; a sale to the new management; and a financial windfall to the Estate’s beneficiaries. The company competed with more than 690 companies to receive the award.
“O’Keefe represents the best of the M&A industry in 2015 and earned these honors by standing out in a group of very impressive candidates,” says David Fergusson, co-CEO and president, The M&A Advisor.
“Each year, we pick a few deals to be judged for our transactional excellence by our peers against our competition. For the 10th consecutive year, O’Keefe has been recognized as the top financial advisory firm for transactions in the merger & acquisition, turnaround, recapitalization, and distressed transactions in the middle market,” says Pat O’Keefe, founder and CEO of O’Keefe.
Established in 2001, O’Keefe has locations in Bloomfield Hills and Grand Rapids, Atlanta, and Chicago.