Northern Edge Recognized as a Winner at the 2016 M&A Advisor Awards
New York, NY, November 10th, 2016 –The M&A Advisor announced the winners of the 2016 M&A Advisor Awards at the 15thAnnual Gala to a lively, sold-out crowd at The New York Athletic Club on Wednesday, November 9th.
The Northern Edge-advised sale of a majority interest in IPS-Integrated Project Services, Inc. to Alleghany Capital Corporation was named the winner for Healthcare and Life Sciences Deal of the Year (over $100MM) category.
“The award recipients represent the finest in the M&A industry in 2016, and earned these honors by standing out in a group of extremely impressive finalists,” said David Fergusson, Co-CEO and President of The M&A Advisor.
“From lower middle market to multi-billion dollar deals, we are recognizing the leading transactions, firms and individuals that represent the highest levels of achievement.”
The 15thAnnual M&A Advisor Awards Gala honored the professionals whose activities set the standard for M&A transactions. This year, over 320 nominees, representing over 615 companies, became finalists for the awards. An independent judging committee of 35 top M&A industry experts determined the ultimate recipients of the awards which were revealed “Academy-Award style” at the gala.
Bob Goldsmith, President & CEO of Northern Edge, commented: “To receive recognition in this category is particularly rewarding, because Northern Edge has built its reputation on its unique expertise in complex sell-side transactions. Northern Edge has a proven track record of successful completions for middle market companies across a broad range of transaction sizes, and this award validates our strategy of leveraging the experience of first-tier investment bankers to deliver superior client service and a successful outcome for all our clients. ”
Northern Edge has successfully completed over 500 transactions worldwide in the last decade alone, across a range of industries, including manufacturing, distribution, business services, consumer products, healthcare, media, technology and natural resources. Northern Edge was always known for its unique M&A process and access to a broad pool of large strategic and financial buyers. It is increasingly also well regarded for the pedigree, knowledge, and experience of its individual bankers.
The sale of a majority interest in IPS-Integrated Project Services, Inc., a leading service provider to the pharmaceutical and biotechnology industries worldwide, to Alleghany Capital Corporation, a division of Alleghany Corporation (NYSE: Y, Market Cap: $8.50B), was one of the larger and more complex deals in the lower middle market in 2015, requiring extensive negotiation and a high degree of creative structuring.
At the awards gala, Northern Edge was also recognized as a finalist for Boutique Investment Banking Firm of the Year – International.