Amerisource Honored in M&A 15th Annual Turnaround Awards

Release Date: 10/18/21

Amerisource Honored in M&A 15th Annual Turnaround Awards

Amerisource Business Capital was honored in the M&A Advisor’s 15th Annual Turnaround Awards.  Amerisource received its award at the Turnaround Awards Gala, which took place at the 2021 Distressed Investing Summit on September 29, 2021 in midtown Manhattan.

Amerisource received the award in the “Energy Deal of the Year” in the under-$1 >billion category for closing the senior credit facility and agenting the stretch facility in the acquisition of 5J Transportation Group by SMG Industries.  Chiron Financial LLC served as the investment banker and financial advisor to the seller.

Bill Herrington, EVP for Amerisource, stated: “Being headquartered in Houston, we were pleased to be recognized by M&A Advisor for a transaction in the energy sector, an industry segment we understand very well.  It was also a pleasure working with Chiron Financial LLC again on this transaction."

The Annual M&A Advisor Turnaround Awards recognizes the leading distressed transactions, restructurings, refinancing, products and services, firms, and professionals in the United States and international markets.

About Amerisource Funding | Amerisource Business Capital
Founded in 1984, Amerisource is a direct lender to growing businesses throughout the United States with borrowing needs up to $20 million. Amerisource is one of the largest independent finance companies in the nation, having provided over $8 billion in capital to borrowers and clients through both its asset based lending arm (Amerisource Business Capital) and its A/R financing arm (Amerisource Funding). Amerisource has clients and offices located throughout the United States.

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