CHICAGO – The Turnaround Management Association (TMA) has announced transactional financial consulting and strategic advisory firm, O’Keefe, will receive the prestigious 2012 TMA Turnaround of the Year – Middle Market Award on November 3. O’Keefe will be honored during a special Awards Brunch, taking place at 9 a.m. at the association’s 24th annual conference, The Annual, held at the Westin Copley Place Boston, Boston, Massachusetts.

Since 1993, TMA has honored financial/operational excellence through its annual awards program, which recognizes the most successful turnarounds and impactful transactions. This year’s winners saved countless jobs and made a significant economic impact, both locally and globally.

To secure the award, O’Keefe led the successful reorganizing of a prominent Michigan-based fruit processing company. Not only did O’Keefe rescue the business from liquidation but after 18 months the Company was positioned to have its most profitable year ever. O’Keefe saved over 200 jobs for the second largest employer in its region.

With offices in Atlanta, Bloomfield Hills, Chicago, Grand Rapids, and New Jersey, O’Keefe is a leading firm providing transactional financial consulting to middle market companies.

The Turnaround Management Association (turnaround.org) is the leading organization dedicated to turnaround management, corporate restructuring, and distressed investing. Established in 1988, TMA has more than 9,000 members in 49 chapters worldwide, including 32 in North America. Members include turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants, as well as academic, government and judicial employees.