Financo Awarded M&A Advisor’s 2009 “Debt Financing Deal of the Year”
NEW YORK-(Business Wire)-September 29, 2009 - Financo, Inc., an investment banking firm that specializes in advisory services to retailers and merchandising companies, today announced that it was awarded the M&A Advisor’s “Debt Financing Deal of the Year” for securing a second lien credit facility for American Apparel in 2009. This marks the third time Financo has earned a financing award from the M&A Advisor.
“The American Apparel transaction was extremely unique and showcased some of the most creative work in this challenging economic environment,” said Gilbert W. Harrison, Chairman and Chief Executive Officer of Financo. “Our deep industry knowledge and experience within the retail consumer sector continues to provide our clients with the best financial solutions, and we are honored to be recognized by The M&A Advisor.”
“We would like to congratulate Financo on this well-deserved award,” said Adrian Kowalewski, CFO of American Apparel. “Their expertise in the retail space enabled us to secure the financial flexibility needed to grow the American Apparel brand.”
The M&A Advisor’s fourth annual U.S. Middle-Market Financing Awards recognizes dealmakers and firms for excellence in M&A transactions ranging from $10 million to $1 billion in deal size. Award recipients were selected by an independent panel of judges representing a cross-section of the M&A industry. For a complete list of the 2009 award winners, please visit www.maadvisor.com.
“In these tough economic times we should applaud firms that have stepped up to the plate to make important middle-market deals possible,” said Roger Aguinaldo, CEO of The M&A Advisor. “All middle-market financing award recipients – both multi-national and boutique-sized – are true industry leaders and it is our honor to recognize them.”
About Financo, Inc.
Based in New York, Financo provides a comprehensive range of advisory services, including traditional investment banking, on a global basis. The independent firm specializes in the retail and merchandising sectors, serving retailers across all formats, apparel and accessory manufacturers, fashion houses and related manufacturers and distributors of consumer-related products. More information about Financo can be found at www.financo.com.
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