Anchorage Wins TMA Australia Medium Company Turnaround of the Year Award
The Turnaround Management Association (TMA) has awarded Anchorage Capital Partners (ACP) its Medium Company Turnaround of the Year Award for its investment in Rail First Asset Management (Rail First).
ACP's investment in RailFirst was a textbook ACP turnaround of a non-core orphan business. RailFirst has a clearly established pathway to customer and a strong asset base that served as the platform for ACP's successfully delivered operational improvement and growth framework.
ACP is proud of their partnership with management and the workforce, as well as other key stakeholders and were delighted to accept the TMA Australia 2022 award for Medium Company Turnaround of the Year.
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