FOR IMMEDIATE RELEASE
February 12, 2008
Contact: Richard John, (813) 281-0062
Tampa, FL, February 12, 2008 – Focus Management Group (“Focus”) proudly announces that the restructuring firm has been selected as a Finalist for the Turnaround Consulting Firm of the Year award for the Second Annual M&A Advisor Turnarounds Awards. Ken Naglewski, a Managing Director of Focus, was also selected as a Finalist in the Turnaround Consultant of the Year category.
The M&A Advisor’s awards program recognizes firms and professionals for their accomplishments completed in 2007 in the areas of turnarounds, reorganizations and bankruptcy restructurings.
“Focus experienced strong growth in 2007 by supporting a record number of clients in diverse engagements throughout the country,” said J. Tim Pruban, President of Focus Management Group. “We are honored that the M&A Advisor has chosen to recognize our firm, as well as Ken Naglewski, one of our senior team members, for our accomplishments in 2007. Our growth has been driven by a seasoned professional team dedicated to delivering outstanding professional services to our clients.”
Naglewski has extensive experience in financial restructurings, operational turnarounds, Chapter 11 reorganizations and distressed business sales at both Fortune 500 and middle market companies.
For additional information about Focus Management Group or the M&A Advisor Turnarounds Awards, please contact Naglewski at (615) 491-7331 or via e-mail at k.naglewski@focusmg.com.
About Focus Management Group
Focus Management Group offers nationwide capabilities in turnaround management, insolvency proceedings, business restructuring and operational improvement. Headquartered in Tampa, FL, with offices in Atlanta, Chicago, Cleveland, Greenwich, Los Angeles and Nashville, Focus provides a full portfolio of services to distressed companies and their stakeholders, including secured lenders and equity sponsors, guiding them to maximize performance or asset recovery.
Focus Management Group quickly assesses the challenges facing underperforming businesses and acts rapidly to prevent ongoing losses and preserve value. Our hands-on approach helps distressed companies re-establish credibility with key constituents and major funding sources.
The Professionals at Focus have been involved in turnaround situations spanning a wide range of industries. We have a proven team of more than 80 multi-disciplined, seasoned professionals. Our reputation for reliability was earned through our successful track record of delivering cost-effective results in a timely manner.