1. Home
  2. Apollo

Category: Downsizing

Apollo, other PE houses said to be wary of debt-heavy Europcar buyout amid Covid-19 uncertainty

Private equity firms including Apollo Global reportedly remain wary of investing in troubled car rental business Europcar amid owner Eurazeo asking for last-ditch bids ahead of a potential restructuring.

Roland Berger makes three DACH hires

Roland Berger has made three hires in its DACH-based restructuring, performance, transformation and transaction team, appointing partners Stephan Hartmann and Jan Maser, as well as principal Markus Held.

Align Invests in WilliamsMarston

Align Capital Partners (ACP) has made an investment in WilliamsMarston, a provider of accounting advisory and management consulting services. WilliamsMarston provides specialized consulting services to public, private equity-backed, and pre-IPO companies to support mergers, acquisitions,

Caledonia to inject £22m into portfolio company Buzz Bingo as part of restructuring

The UK's biggest retail bingo company is looking to restructure, which will result in the closure of 26 stores and 570 redundancies

Hony to lose control of PizzaExpress in debt-for-equity swap – report

Hony Capital is expected to lose control of PizzaExpress in a debt-for-equity restructuring, according to a report by the Times.

Blackstone’s Life Sciences Fund Largest Ever

Blackstone has held an oversubscribed, hard cap, and final close of Blackstone Life Sciences V LP with $4.6 billion of capital. This is the largest life sciences private equity fund ever raised by any firm.

Studio City scores $1bn as part of debt restructuring

Studio City Finance restructured its debt portfolio with a $1bn bond sale on Wednesday.

Antares launches €300m UTP fund for fashion sector

Antares has launched a restructuring fund with a €300m target to support the recovery of Italian companies operating in the fashion industry hit by the coronavirus emergency.

PE specialist McKeeve, financial restructuring expert Conner latest senior hires at Avonhurst

Private equity specialist Raymond McKeeve is among a pair of new senior hires at Avonhurst, a political strategy and legal advisory firm dedicated to representing sophisticated capital.

Cirque du Soleil Gets Stalking Horse

In response to the disruption and forced show closures as a result of the COVID-19 pandemic, Cirque du Soleil Entertainment Group has filed for protection from creditors in Canada – under the Companies’ Creditors Arrangement

Datasite: AI to Speed Up M&A

According to Datasite, over the next five years new technologies, including artificial intelligence, will transform the mergers and acquisitions process by decreasing the time it takes to perform due diligence to less than a month

Got Milk? Sector Pros and KKR Buy Borden

Following the completion of a court-supervised sale process launched in January 2020, Borden Dairy has been acquired for $340 million by Capitol Peak Partners and KKR. At closing, Capitol Peak will assume majority ownership of

Donau Invest backs Curasan restructuring

Donau Invest has backed the restructuring plan for Germany-based pharmaceutical company Curasan, which will see the company de-listed and taken over by Donau Invest, subject to creditor approval of the plan.

Houlihan Lokey Expands in TMT With MVP Buy

Houlihan Lokey has agreed to acquire MVP Capital, an advisory firm specializing in the technology, media, and telecom (TMT) sector. MVP’s services include mergers and acquisitions advisory, capital raising, restructuring advisory, and valuations. The firm’s

Rothschild Adds New Automotive Managing Director

Rothschild & Co has added Colin Cropper to its advisory business as a managing director. Mr. Cropper joins from RBC Capital Markets and he will be based in New York. At Rothschild, Mr. Cropper will

Judge rejects bid to block Advent-owned Serta Simmons restructuring

Mattress maker is given green light to close a contested debt restructuring, despite objections from holdouts including Apollo, Angelo Gordon

Private equity firm IG4 Capital to buy Brazilian grain terminal owner CLI

Private equity fund IG4 Capital has signed a deal with Brazil’s CGG Trading and its creditors to acquire CLI.  The company owns one of the largest grain terminals in the country, in the northern port

Aduram’s Poggenpohl sold to trade

Kitchen design business Poggenpohl, an Adcuram portfolio company that entered self-administration proceedings in April 2020, has been sold to UK-based market peer Lux Group as part of the company's ongoing restructuring.

Providence in single-asset restructuring for HSE24

Providence Equity Partners is to complete a single-asset restructuring deal for HSE24, the operator of German TV channel Home Shopping Europe.

Finnish private equity group CapMan sets up special situations arm

The division will invest in underperforming or non-core business with a view to supporting them through financial restructuring and operational turnaround

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.