TORONTO--(BUSINESS WIRE)--The Catalyst Capital Group Inc. (“Catalyst”) is pleased to announce that it has received the Corporate/Strategic Deal of the Year award from The M&A Advisor at the 9th Annual International M&A Awards for its role in the restructuring of Pacific Exploration & Production Corp (“Pacific E&P”). The award was presented to Catalyst and the Deal Team for the Pacific E&P restructuring during the awards gala on Monday, June 12 in New York, NY.
Catalyst and the Pacific E&P Deal Team were finalists in a total of six award categories, including: Energy Deal of the Year (Over $1B), Restructuring of the Year, Corporate/Strategic Deal of the Year (Over $1B), Cross Border Deal of the Year (Over $1B), Private Equity Deal of the Year (Over $250MM) and Latin America Deal of the Year.
“We are honored to have been recognized with the Corporate/Strategic Deal of the Year award by The M&A Advisor given this award reflects the skills, experience and dedication of the entire deal team,” said Gabriel de Alba, Managing Director and Partner of Catalyst. “This was a truly transformational deal for Pacific E&P, which has recently been renamed Frontera Energy Corporation. The restructuring marked the beginning of a new era for Frontera as a disciplined, low cost, exploration and production company seeking sustainable production, growth and the creation of shareholder value. While there is still work to be done to properly shape Frontera, the renewed strategic focus and strong balance sheet made possible by the restructuring will allow the company to build a market leadership position over the long-term and continue to take steps to unlock value.”
About The Catalyst Capital Group Inc.
The Catalyst Capital Group Inc., a private equity investment firm with more than $6 billion in assets under management founded in 2002, is a leader in operationally focused turnaround investing. The firm's mandate is to manufacture risk adjusted returns, in keeping with its philosophy of "we buy what we can build." Catalyst's Guiding Principles of investment excellence through operational involvement, superior analytics, attention to detail, intellectual curiosity, team and reputation are key to the firm's success. The Catalyst team collectively possesses more than 110 years of extensive experience in restructuring, credit markets and merchant and investment banking in Canada, the United States, Latin America and Europe. For more information, please visit www.catcapital.com.
About The M&A Advisor
Founded in 1998, The M&A Advisor was the first dedicated media company to offer insights and intelligence on mergers and acquisitions. As the world's premier think tank and leadership organization for M&A, restructuring and corporate finance professionals, the firm provides a range of integrated services including: The M&A Advisor Forums and Summits; The M&A Advisor Market Intelligence; M&A.TV. The M&A Advisor Live; The M&A Advisor Awards; and The M&A Advisor Connects. To learn more about the company's Leadership Services visit www.maadvisor.com