Bradley Arant Boult Cummings LLP is pleased to announce that The M&A Advisor recently recognized the firm for its work on two recent M&A transactions.
In June, Bradley won an International M&A Award for Corporate/Strategic Deal of the Year ($500 million to $1 billion category) for its role in the acquisition of Continental Structural Plastics (CSP) by Teijin Limited. In March, Bradley won two Turnaround Awards for its work on the Chapter 11 asset sale of Walter Energy – for Sec. 363 Sale of the Year (over $1 billion category) and for Distressed M&A Deal of the Year (over $1 billion category).
“We congratulate our Corporate and our Bankruptcy teams on their successful client transactions that were recognized by M&A Advisor as among the top deals of 2016,” said Bradley Chairman of the Board and Managing Partner Beau Grenier.
Andy Robison, chair of Bradley’s Corporate & Securities Practice Group and the lead partner on the CSP acquisition, said, “It is a great honor for us to be singled out for our work on behalf of CSP, which resulted in one of last year’s top international corporate acquisitions.”
Continental Structural Plastics Holdings Corporation, a global leader in automotive lightweight composite technologies, was acquired by Japan’s Teijin Limited in a strategic multi-party, cross-border stock transaction valued at $825 million through a global auction process.
“Our team is thrilled to receive two Turnaround Awards from M&A Advisor,” said Bradley partner Jay Bender, chair of the firm’s Bankruptcy, Restructuring, and Distressed Investing Practice Group and lead counsel for Walter Energy in its Chapter 11 asset sale. “This recognition is validation of the quality of support we provide to our clients in high stakes Chapter 11 cases, and distressed M&A transactions.”
Walter Energy is a publicly traded company and one of the world’s largest producers of metallurgical coal. The Walter Energy case is the largest Chapter 11 ever filed in Alabama and involved more than $3 billion in long-term debt.
Presented June 12, the International M&A Awards honored the leading deal teams, firms and professionals whose activities set the standard for international M&A transactions in 2016. An independent committee of 23 top M&A industry experts determined the winners among finalists from more than 260 companies. For a complete list of the 2017 International M&A Awards winners, visit M&A Advisor's website.
Presented March 23, the Turnaround Awards honored the best of the distressed investing and reorganization industry in the United States and international markets in 2016. An independent jury of industry experts judged the nominations, which represented more than 300 participating companies. For a complete list of the 2017 Turnaround Awards winners, visit M&A Advisor's website.
The M&A Advisor is the preeminent organization recognizing excellence, honoring achievement, presenting thought leadership and facilitating connections among the world's leading dealmaking professionals.