AURELIUS wins 'Turnaround of the Year/Small Company' at the TMA Europe Debtwire Award 2017
AURELIUS wins "Turnaround of the Year/Small Company" at the TMA Europe Debtwire Award 2017
Munich / London, June 2017 - AURELIUS Group (ISIN DE000A0JK2A8), the mid-market pan-European investor, has won "Turnaround of the Year/Small Company" at the prestigious TMA Europe Debtwire Award 2017. The award, which recognises the achievements of a team of turnaround professionals who have orchestrated the most successful turnaround of a struggling company (with less than EUR 100 million in revenues), honoured AURELIUS for its investment in fidelis HR.
AURELIUS acquired human resources services provider fidelis HR in 2013, from TDS Informationstechnologie AG. Following acquisition, AURELIUS rigorously reorganised operations of the company and significantly improved performance and profitability. AURELIUS exited the business in 2016, with a return of 40x its original investment.
Gert Purkert, Member of the Executive Board of AURELIUS, said: "We are delighted to have won this award. Aurelius is dedicated to being a good home for its subsidiaries, and is committed to helping each business reach its full potential."
ABOUT AURELIUS AURELIUS Group is a pan-European asset manager with offices in Munich, London, Stockholm and Madrid. Over the last ten years AURELIUS has grown from a local turnaround investor to an international multi-asset manager investing in a wide range of sectors and across the capital structure.
AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8, Ticker Symbol: AR4) represents the listed entity within the AURELIUS Group that focusses on investing in Special Situations and MidMarket transaction opportunities. AURELIUS Equity Opportunities currently has 25 portfolio companies located across Europe which employ around 25,000 people and generate annual revenues of more than EUR 4.0 billion. The shares of AURELIUS Equity Opportunities are traded on all German stock exchanges with a market capitalization of c. EUR 1.6 billion as of June 2017.
With its group charity AURELIUS Refugee Initiative, AURELIUS provides comprehensive support for refugees on their way towards a better life.
To find out more, visit www.aureliusinvest.com
ABOUT TMA EUROPE
The Turnaround Management Association (TMA) is the premier organisation dedicated to corporate renewal and turnaround management. More than 8,300 TMA members comprise a worldwide professional community of turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants, as well as academic, government and judicial employees.
Headquartered in Chicago, Illinois, TMA has 56 chapters spanning six continents - 32 in North America and 24 throughout the world. TMA Europe represents the 12 European chapters, serving as a forum for the interchange of ideas and as a networking opportunity for developing relationships across the continent through regular newsletters and the TMA Europe Annual Conference.
27.06.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English
Company: AURELIUS Equity Opportunities SE & Co. KGaA Ludwig-Ganghofer-Straße 6 82031 Grünwald
Germany Phone: +49 (0)89 544 799-0 Fax: +49 (0)89 544 799-55 E-mail: email@example.com Internet: www.aureliusinvest.de ISIN: DE000A0JK2A8 WKN: A0JK2A Listed: Regulated Unofficial Market in Berlin, Munich, Stuttgart, Tradegate Exchange; Open Market in Frankfurt End of News DGAP News Service