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

Sep 18, 2023, 09:26 ET Best Version Media Unveils New Brand Identity Reflecting Company's Growth and Digital Expansion

Best Version Media, a leader in advertising solutions for local businesses, has announced a new brand identity to align with the company's impressive ...

Sep 18, 2023, 07:30 ET West Marine Announces Agreement with Lenders to Support its Continued Growth and Profitability Plan

West Marine and certain of its affiliates ("West Marine" or the "Company"), the nation's leading omnichannel provider in the marine aftermarket,...

Sep 15, 2023, 08:25 ET Electrolux Group divests Nyíregyháza factory in Hungary to Qvantum

Electrolux Group has divested its manufacturing facility in Nyíregyháza, Hungary to Swedish heat pump manufacturer Qvantum for a cash consideration...

Sep 15, 2023, 08:21 ET Electrolux Group divests Nyíregyháza factory in Hungary to Qvantum

Electrolux Group has divested its manufacturing facility in Nyíregyháza, Hungary to Swedish heat pump manufacturer Qvantum for a cash consideration...

Sep 14, 2023, 10:50 ET Climate Risk Partners Merges Into Climate Commodities to Launch a Proprietary Offtake, Feedstock, and Counterparty Credit Enhancement Product Line

Climate Risk Partners ("CRP"), a climate risk strategy start-up, today announced its integration into Climate Commodities ("CC"), a climate...

Sep 13, 2023, 06:00 ET Oppenheimer Announces Brand Relaunch

Oppenheimer & Co. Inc. ("Oppenheimer")—a leading wealth manager, investment bank, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — today...

Sep 12, 2023, 11:14 ET Sustainability, equipment upgrades, and digitalization: big priorities for global pharmaceuticals, life science global study finds

Changing business needs are compelling pharmaceutical engineering leaders to identify new ways to streamline manufacturing operations. That's the...

Sep 12, 2023, 09:42 ET SkillCycle Upgrades Talent Development Platform to Help Customers Drive ROI through Coaching and Upskilling

SkillCycle, a learning company focused on helping companies and their employees thrive through upskilling, announced today that their...

Sep 12, 2023, 09:03 ET Holcim US Expands Presence, Unites Legacy Brands in Boston

To continue its mission to build a greener future, Holcim US, the leader in sustainable building solutions, today announced plans to unite its legacy ...
EverBank Launches New Modern Brand Focused on Delivering Performance and Financial Advantages for Clients Nationwide

Sep 12, 2023, 09:00 ET EverBank Launches New Modern Brand Focused on Delivering Performance and Financial Advantages for Clients Nationwide

EverBank, formerly TIAA Bank, today celebrates the launch of its new name and brand, marking a significant milestone in its mission to redefine...

Sep 12, 2023, 08:00 ET Axcelis Announces $200 Million Additional Funding for Share Repurchase Program

Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, today announced...

Sep 11, 2023, 00:54 ET Soft Surroundings Takes Strategic Steps to Secure Stronger Future for the Company

Soft Surroundings (the "Company") today announced that it has entered into a Restructuring Support Agreement ("RSA") pursuant to which Coldwater...

Sep 08, 2023, 16:38 ET The Hospital at Westlake Files for Chapter 11 Bankruptcy Protection Amid Turbulent Times for the Industry

Westlake Surgical, L.P., dba The Hospital at Westlake Medical Center ("The Hospital at Westlake" or the "Hospital"), a proudly physician-owned...

Sep 08, 2023, 11:20 ET MCDERMOTT ANNOUNCES TRANSACTION SUPPORT AGREEMENT WITH KEY FINANCIAL STAKEHOLDERS TO POSITION COMPANY FOR LONG-TERM SUCCESS

McDermott International, Ltd ("McDermott" or the "Company") today announced that it has entered into a transaction support agreement ("TSA" or the...

Sep 07, 2023, 08:00 ET Clyde Companies Restructures Two Subsidiaries, Rolls IHC Scott into WW Clyde

In a bold restructure, Clyde Companies merged Colorado-based IHC Scott with legacy subsidiary WW Clyde. On October 1, 2023, all IHC Scott operations...

Sep 06, 2023, 15:09 ET PCHI RECEIVES COURT APPROVAL OF PLAN OF REORGANIZATION, PAVING THE WAY FOR EMERGENCE

Party City Holdco Inc. ("PCHI" or the "Company"), a global leader in the celebrations industry, announced today that it has received approval from...

Sep 05, 2023, 08:30 ET Precision Optical Transceivers Announces Rebrand to Precision Optical Technologies

Precision OT, a global optical system engineering and integration company, has announced its strategic decision to rebrand to Precision Optical...

Aug 31, 2023, 16:15 ET Atento announces the completion of the third tranche of funding under its new interim financing, bringing the total amount invested to $37 million

Atento S.A. ("Atento" or the "Company"), one of the world's largest providers of customer relationship and business process outsourcing (CRM/BPO)...

Aug 31, 2023, 08:33 ET Victory Property Management Announces Rebranding to MoveZen Property Management

Today, Victory Property Management, a leading regional property management firm, has officially announced its rebranding to "MoveZen" Property...

Aug 30, 2023, 11:54 ET Mallinckrodt Receives Court Approval for "First Day" Motions to Support Ongoing Operations

Mallinckrodt plc (OTCMKTS: MNKTQ) ("Mallinckrodt" or the "Company"), a global specialty pharmaceutical company, today announced that it has received...

Aug 28, 2023, 04:06 ET AgileThought Announces Strategic Financial Restructuring to Strengthen Financial Future

AgileThought, Inc. ("AgileThought" or the "Company"), a global provider of digital transformation services, agile software development, and next...

Aug 28, 2023, 00:17 ET Mallinckrodt plc Takes Next Step to Implement Comprehensive Financial Restructuring Plan to Address Long-Term Debt and Opioid Obligations

Mallinckrodt plc (NYSE American: MNK) ("Mallinckrodt" or the "Company"), a global specialty pharmaceutical company, today announced that it has taken ...

Aug 24, 2023, 14:46 ET Creatd CEO Jeremy Frommer Publishes Open Letter to Shareholders Addressing Declining Stock Values

Creatd, Inc. $VOCL; ("Creatd" or the "Company") today shares an open letter from Chairman and CEO of Creatd, Inc. to shareholders addressing...

Aug 24, 2023, 05:33 ET BPEA EQT exits Coforge, a multinational Digital IT Solutions & Technology Consulting Services provider

EQT is pleased to announce that BPEA Private Equity Fund VII ("BPEA EQT") has sold its remaining 26.6 percent stake in Coforge (the "Company"),...

Aug 23, 2023, 08:22 ET Mallinckrodt plc Enters into Restructuring Support Agreement with Key Stakeholders on the Terms of a Prepackaged Financial Restructuring Plan

Mallinckrodt plc (NYSE American: MNK) ("Mallinckrodt" or the "Company"), a global specialty pharmaceutical company, today announced it has entered...

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