Firm recognized for participation in sale of Rockport to
Authentic Brands Group
CRANFORD, N.J., March 29,
2024 /PRNewswire-PRWeb/ -- PKF Clear Thinking, the
award-winning business advisory firm and subsidiary of PKF O'Connor
Davies, one of the nation's largest accounting, tax and advisory
practices, is proud to announce that it has been awarded the
"Section 363 Sale of the Year ($50MM to $100MM)" by the 18th Annual
Turnaround Awards for its contribution to the sale of Rockport to
Authentic Brands Group. Organized by The M&A Advisor, the
awards recognize the leading distressed transactions, restructuring
and refinancing deals, products and services, firms, and
professionals in the United States
and international markets.
"We're extremely proud to receive this
honor, especially alongside so many other standout firms and
professionals who are doing transformative M&A work," said
Joseph Marchese, Partner at PKF
Clear Thinking.
"We're extremely proud to receive this honor, especially
alongside so many other standout firms and professionals who are
doing transformative M&A work," said Joseph Marchese, Partner at PKF Clear Thinking.
"This achievement is a testament to our individualized approach,
industry-focused expertise, and commitment to consistent,
senior-level representation that remain fundamental to all our
financial restructuring and bankruptcy advisory engagements."
PKF Clear Thinking's engagement with the sale began in
June 2023, when Marchese was
appointed Chief Restructuring Officer of The Rockport Company, LLC.
With the support of Michael Wesley,
Partner at PKF Clear Thinking, and Jackie
Reinhard, Partner at PKF O'Connor Davies, PKF Clear Thinking
supported the global footwear brand as it began voluntary
proceedings under Chapter 11 of the United States Bankruptcy Code
in the District of Delaware. PKF
Clear Thinking shares the "Section 363 Sale of the Year" award with
a number of other contributors to the transaction, including
Miller Buckfire & Co.; Authentic
Brands Group; DLA Piper; Marc Fisher Footwear; Potter Anderson
& Corroon, LLP; and Ropes & Gray, LLP.
This year, Turnaround Award nominations representing over 250
participating companies were received and judged by an independent
panel of industry experts. The awards were presented during the
2024 Distressed Investing Summit, which was held March 18-19, 2024, in Palm Beach, Florida.
About PKF Clear Thinking, LLC
PKF Clear Thinking, LLC, a subsidiary of PKF O'Connor Davies,
offers advisory services that help companies succeed, at any stage
of their life cycle, with clear direction and practical, actionable
solutions. The Firm engages with healthy companies to create value
and works with troubled companies to preserve value. Our track
record and years of experience working on hundreds of successful
engagements has propelled us to become a trusted and respected
advisor. For more information, visit https://www.pkfct.com/.
About PKF O'Connor Davies
PKF O'Connor Davies is a top-tier accounting, tax and advisory
practice with a long history of serving domestic and international
clients. "Know Greater Value" speaks to the confidence and guidance
that our clients realize when they work with us. It reinforces our
commitment to delivering the highest levels of value, expertise and
service in everything we do. Our clients Know Greater Connections,
Know Greater Insights and Know Greater Value. "PKF O'Connor Davies"
is the brand name under which PKF O'Connor Davies LLP and PKF
O'Connor Davies Advisory LLC, independently owned entities, provide
professional services in an alternative practice structure in
accordance with applicable professional standards. PKF O'Connor
Davies LLP is a licensed CPA firm that provides attest services and
PKF O'Connor Davies Advisory LLC and its subsidiary entities
provide tax and advisory services.
For more information, please visit pkfod.com, and follow us on
LinkedIn and X (formerly Twitter).
Media Contact
Michelle Goyke, PKF O'Connor
Davies, 914-341-7615, mgoyke@pkfod.com,
https://www.pkfod.com/
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SOURCE PKF O'Connor Davies