Restructuring & Recapitalization

Business development news stories are included in this section, with emphasis on corporate entities that are planning for, or currently undergoing restructuring or recapitalization efforts.

Latest

19 Jan, 2024, 14:03 ET Yard Alliance Announces Partnerships With Two Additional Companies

Yard Alliance announces the recapitalization of Per-Fect-A-Lawn in Norcross, GA and the acquisition of Palmetto Landscapes in Charleston, SC. The two ...

19 Jan, 2024, 07:30 ET Synchrony and Ally Financial Reach Agreement on Sale of Ally's Point-of-Sale Financing Business

Synchrony (NYSE: SYF) and Ally Financial Inc. (NYSE: ALLY), today announced that they have entered into a definitive agreement for Synchrony to...

18 Jan, 2024, 02:08 ET GLOBELEQ COMPLETES $37 MILLION RESTRUCTURING OF ARIES AND KONKOOSIES SOLAR PLANTS IN SOUTH AFRICA

Globeleq, the leading independent power company in Africa, announces that it has completed a US$37 million (ZAR682 million) senior debt restructuring ...

17 Jan, 2024, 09:18 ET Sherburne Partners Invests In Digital Color Concepts

Digital Color Concepts ("DCC" or the "Company), a manufacturer of folding carton packaging and leading provider of premium commercial print services, ...

16 Jan, 2024, 09:30 ET Aucera™ and TouchPoint One Announce Strategic Partnership to Transform Employee and Customer Experience

Aucera™, the new identity of DialAmerica, one of the nation's largest privately held customer experience and contact center providers, today...

16 Jan, 2024, 08:53 ET Vesey Street Capital Partners Announces Majority Recapitalization of Inceptua Group

Vesey Street Capital Partners, LLC ("VSCP"), a New York-based healthcare services private equity firm, announced that funds managed by VSCP have...

16 Jan, 2024, 07:00 ET LEGGETT & PLATT ANNOUNCES RESTRUCTURING PLAN TO DRIVE IMPROVED PERFORMANCE AND PROFITABLE GROWTH

Continuing to adapt Bedding Products strategy to advance innovative, higher-value content and provide additional product solutions for our customers...

15 Jan, 2024, 16:23 ET Black Press Announces Corporate Restructuring and Sale Transaction

Filing under the Companies' Creditors Arrangement Act ("CCAA") will enable the Company to restructure its financial affairs and emerge as a stronger...

11 Jan, 2024, 10:00 ET Fannie Mae Announces Sale of Reperforming Loans

Fannie Mae (OTCQB: FNMA) today began marketing its most recent sale of reperforming loans as part of the company's ongoing effort to reduce the size...

10 Jan, 2024, 12:00 ET Amerijet Improves Capital Structure and Financial Position

Amerijet International Airlines, a leading provider of global air cargo services, announced today that it has completed a successful financial &...

09 Jan, 2024, 16:57 ET BGL Announces the Recapitalization of Hynes Industries to Crossplane Capital

Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Hynes Industries (Hynes), a leading producer of custom roll-formed steel...

09 Jan, 2024, 16:15 ET SVB Capital Announces SVB Financial Group Will Retain Ownership of the Business and Creates New Operating Committee

SVB Capital Management, LLC ("SVB Capital"), a wholly-owned indirect subsidiary of SVB Financial Group (Pink Sheets: SIVBQ), today announced that,...

09 Jan, 2024, 08:30 ET Nevro Announces Preliminary Fourth-Quarter and Full-Year 2023 Revenue Results

Nevro Corp. (NYSE: NVRO), a global medical device company that is delivering comprehensive, life-changing solutions for the treatment of chronic...

05 Jan, 2024, 09:00 ET Dave Announces Repurchase of $100 million Convertible Note from FTX for $71 million

Dave Inc. ("Dave" or the "Company") (Nasdaq: DAVE), one of the nation's leading neobanks, today announced it has reached an agreement with FTX...

04 Jan, 2024, 15:00 ET GSA Seeks Pilots for Seafood Processing Standard Issue 6.0

The latest issue of the Seafood Processing Standard (SPS), which adopted a new format from the previous issue 5.1, has been approved by the Board of...

03 Jan, 2024, 12:45 ET Anagram Successfully Completes Sale and Emerges from Chapter 11 as Independent Company

Anagram International and its affiliated debtors ("Anagram" or the "Company"), the world's leading foil balloon manufacturer, confirmed today the...

03 Jan, 2024, 09:00 ET Saldo médio mensal transacionado pelo internet banking do Banco ABC Brasil cresce 53% ao ano

O Banco ABC Brasil (ABCB4) vem ao longo dos últimos anos abordando fortemente os clientes Pessoa Jurídica no que tange aos serviços de Cash...

03 Jan, 2024, 08:30 ET TC BioPharm Announces Additional Cost Reduction Steps to Improve Financial Standing and Streamline Efficiencies

TC BioPharm (Holdings) PLC ("TC BioPharm" or the "Company") (NASDAQ: TCBP) a clinical stage biotechnology company developing platform allogeneic...

02 Jan, 2024, 06:00 ET Primo Water Announces Closing of the Sale of Signifigant Portion of Its International Business

Robbert Rietbroek Commences as Chief Executive Officer and Joins the Board Of Directors TAMPA, FL, Jan. 2, 2024 /PRNewswire/ - Primo Water...

29 Dec, 2023, 16:30 ET NuZee, Inc. Announces Delay in Filing Form 10-K

NuZee, Inc. (NASDAQ: NUZE), a leading coffee co-packing and technology company, today announced that it has filed a Form 12b-25 with the Securities...

28 Dec, 2023, 17:00 ET GREENBROOK TMS RAISES US$5.3 MILLION IN DEBT FINANCING

TORONTO, Dec. 28, 2023 /PRNewswire/ - Greenbrook TMS Inc. (NASDAQ: GBNH) ("Greenbrook" or the "Company") today announced that it has entered into the ...

20 Dec, 2023, 11:00 ET Jumana Capital Facilitates Management Buy-Out and Recapitalization of Outsource Utility Contractors, LLC

Jumana Capital, LLC ("Jumana"), a private investment firm specializing in transformative partnerships with entrepreneur-led companies, is pleased to...

20 Dec, 2023, 00:42 ET Bird Enters into Comprehensive Restructuring Support Agreement with First- and Second-Lien Lenders to Strengthen Financial Position

Bird Global, Inc. (OTCQX: BRDS), ("Bird" or the "Company") a leader in environmentally friendly electric transportation, today announced its entry...

19 Dec, 2023, 13:27 ET ENDO FILES PLAN OF REORGANIZATION TO IMPLEMENT PREVIOUSLY ANNOUNCED SALE TRANSACTION

Endo International plc (OTC: ENDPQ) ("Endo" or the "Company") today announced that it has taken an important step toward concluding its financial...

19 Dec, 2023, 10:06 ET Sentinel Capital Partners Recapitalizes Online Labels Group

Sentinel Capital Partners, a private equity firm that invests in promising midmarket companies, today announced the recapitalization of Online Labels ...