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Turnaround and Transaction of the Year Awards

The next application period will open in 2018. 

Turnaround of the Year Award 
The Turnaround of the Year Award recognizes the individuals who establish effective operations, implement solid management, improve cash flow, and increase production, in addition to the other operational factors leading to recovery of a struggling business.

Entries must be submitted in one of the following categories:

  • Small Company (company revenue at time of turnaround was less than $50 million USD)
  • Mid-Size Company (company revenue at time of turnaround was $50 million to $299 million USD) 
  • Large Company (company revenue at time of turnaround was $300 million to $1 billion USD) 
  • Mega Company (company revenue at time of turnaround was at least $1 billion USD) 
  • International Company (company with significant cross-border operations) 
  • Pro Bono (no fees in exchange for services); entry must demonstrate financial stability 
  • Non-Profit A tax exempt organization without shareholders that uses its surplus net assets to achieve its mission

Transaction of the Year Award 
The Transaction of the Year Award recognizes the individuals who orchestrate a non-operational restructuring, including merger and acquisition, sale, loan, liquidation, debt restructuring, etc., to preserve value in a struggling business.

Entries must be submitted in one of the following categories:

  • Small Company (company revenue at time of transaction was less than $50 million USD)
  •  Mid-Size Company (company revenue at time of transaction was $50 million to $299 million USD) 
  • Large Company (company revenue at time of transaction was $300 million to $1 billion USD)
  • Mega Company (company revenue at time of transaction was at least $1 billion USD)
  • International Company (company with significant cross-border operations) 
  • Pro Bono (no fees in exchange for services); entry must demonstrate financial stability 
  • Non-Profit A tax exempt organization without shareholders that uses its surplus net assets to achieve its mission

The Turnaround and Transaction Awards are chosen based on a rigorous peer-review process whereby each Awards Committee member reads and rates each entry. The scoring is blind, and similar to the Olympics, are averaged across the board to come up with an aggregated score. Every year, TMA receives a large number of applications for these awards, and a group of senior leaders is tasked with the herculean effort of judging. Entries are judged on individual merit; not all award categories will derive a winner in a given year. As judges review all components of the entry, they look for well-defined, measurable outcomes.

Read the press release announcing the recipients of the 2017 TMA Turnaround and Transaction Awards and view past award recipients.

Questions? Email Crystal Killeen at ckilleen@turnaround.org
 

February
21
2018

TMA Europe's Eastern European Conference

Bucharest, Romania
May
8
2018

2018 TMA NOW Summit

Chicago, IL United States
September
26
2018

The Annual: TMA's 30th Annual Conference

Colorado Springs, CO United States
April
16
2018

MidAmerica Regional Conference

Chicago, IL United States

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