Armstrong Teasdale will be recognized at the 18^th Annual M&A Advisor Turnaround Awards “Healthcare/Life Sciences Deal of the Year” in the under $100 million category for the Sec. 363 Going Concern Sale of Allied Healthcare Products, a leading manufacturer and provider of health care equipment centering on patient ventilation and gas delivery systems and components, to Allied Medical, LLC.

Armstrong Teasdale represented Allied Medical in the transaction, which closed on July 12, 2023.

The Armstrong Teasdale team was led by Corporate Services Group Partner Michael Petrizzo, and included Partners Cody M. Barela, Edward F. Behm, Jr., Timothy J. Bergère. Daniel J. Burke, Jr., Erin M. Edelman, Crystal L. Howard, Scott E. Hunt, Jason A. Mandel, Harry M. (Mark) Murray IV, Jeffrey Schultz, Eric M. Sutty and John F. Welsh; and Associates Lizl Leonardo and Favour U. Okechukwu.

Established in 2007, the Turnaround Awards recognize the leading distressed transactions, restructuring, refinancing, products and services, firms and professionals in the U.S. and international markets.

Turnaround Awards winners will be honored at a gala March 19 at The Ben Hotel in Palm Beach, Florida.