Debt-heavy Guitar Center to file for bankruptcy, agrees $700m-plus debt restructure
Private equity-backed US music instrument retail giant Guitar Center is set to file for bankruptcy protection amid agreeing a $700m-plus debt restructuring.
Private equity-backed US music instrument retail giant Guitar Center is set to file for bankruptcy protection amid agreeing a $700m-plus debt restructuring.
Baird Capital Partners and Beechbrook Capital have supported the restructuring of recruitment firm Nigel Wright Group, selling a portion of their stakes.
In the week ending September 25th 2020, a survey said that hedge funds in Asia have continued to increase their headcount and still have an appetite to hire more talent despite the economic uncertainty brought
In the week ending September 25th 2020, a survey said that hedge funds in Asia have continued to increase their headcount and still have an appetite to hire more talent despite the economic uncertainty brought
Brown Gibbons Lang & Company (BGL) has hired Heather Mosbacher Reiner as a managing director in the firm’s financial sponsor coverage group. Ms. Reiner will be based in New York City. Ms. Reiner has more
Houlihan Lokey (HL) has hired Richard Hoh as a managing director in its industrials group. Mr. Hoh will be part of the firm’s industrial technology subsector team, focusing primarily on electronic components as well as
The Big Four firm is eyeing a management buyout of its restructuring business
KKR-owned vending machine company Selecta was one of the first companies to have its owner inject super-senior ‘priming’ debt once the Covid crisis hit, pushing bondholders down the capital structure. But in its restructuring package
Investment bank Houlihan Lokey has added Keith Barry to its team as a managing director and the head of medical technology, a new practice within the firm’s healthcare group. Mr. Barry joins Allan Burton who
Digital ID verification software platform IDNow, a portfolio company of sponsors including Corsair Capital, has acquired Wirecard Communication Services (Wirecard CS) as part of the company's restructuring and insolvency proceedings.
Imperial Capital was the financial advisor to GPI Prototype & Manufacturing Services on its just closed sale to FATHOM, a portfolio company of CORE Industrial Partners. GPI uses direct metal laser sintering (DMLS) – a
HEMA files for chapter 15 bankruptcy to complete a financial restructuring under way in Europe
According to a new report from Lincoln International, as the initial shockwaves of the global pandemic subside, both middle market private equity firms and lenders have proven supportive as portfolio companies navigated the financial challenges
The Chinese private equity firm, which owns the British restaurant group since 2014, agreed to a restructuring deal earlier this month
MiddleGround Capital has acquired majority ownership of Dura Automotive Systems from Bardin Hill Investment Partners. The buy of Dura is MiddleGround’s sixth platform acquisition in its first fund which closed in August 2019. Dura Automotive
Indian agricultural company Jain Irrigation Systems, which has been navigating a liquidity crisis for more than a year, has put in place two restructuring plans for its onshore and offshore debt.
Blackstone has agreed to acquire Ancestry from Silver Lake, GIC, Spectrum, and Permira at an enterprise value of $4.7 billion. The buy of Ancestry is the first control acquisition for Blackstone Capital Partners VIII LP
The restaurant chain, which has been struggling since the pandemic hit, is putting itself up for sale and is looking to close some 67 restaurants in the UK
According to a new study by Katten, pet owners’ love for their animals, along with the impact of COVID-19, are among the reasons decision-makers feel bullish about the future of private equity and animal care.
