GGG Partners Awarded the 2011 Large Company Turnaround of the Year for USA Dry Van Logistics
We are honored to announce that GGG Partners has been recognized by its peers in the Atlanta Chapter for its 6th annual Turnaround Management Association Award for its work with USA Dry Van Logistics. Curt Friedberg took over as CRO and CEO of this cross border, long haul transportation company in McAllen, Texas when it filed for Chapter 11 bankruptcy protection in early 2010. With the assistance of Sam Horgan as the Controller and the support of Katie Goodman, the GGG Partners team restructured the company with a successful emergence from bankruptcy through a Plan of Reorganization within 11 months.
“It was a long and challenging project, but we saved more than 600 jobs and kept the company going with the support of the creditors and lenders” says Friedberg.