Winners Announced for the 19th Annual Turnaround Awards
Portage Point Partners Wins Consumer Discretionary Deal of the Year (under $1B) NEW YORK | January 16, 2025 (source: The M&A Advisor) The M&A Advisor is pleased to announce the winners of the 19th Annual Turnaround Awards in each of…
Blink Fitness Receives Court Approval for Sale
PureGym to acquire Blink’s corporate operations and a significant number of locations, primarily in New York and New Jersey An affiliate of JTRE Holdings LLC to acquire Blink’s Chicago, Houston, and California locations Sale expected to close later this year — NEW YORK, Nov. 12, 2024…
Notice of Appearance
Originally published November 13, 2024 | © 2024 Petition LLC Portage Point Partners Managing Directors Jason Cohen, Head of Investment Banking, and Tom Studebaker, Head of Turnaround & Restructuring Services, share thoughts about the effects of rate cuts on the…
Digital Media Solutions, Inc. Reaches Agreement to Transition Ownership to Existing Lenders, Positioning Business for Continued Innovation and Growth
CLEARWATER | September 11, 2024 (source: Digital Media Solutions) Enters Asset Purchase Agreement with Existing Lenders Commences Voluntary Chapter 11 Cases to Facilitate Efficient Sale; Expects to Complete Process in the Fourth Quarter of 2024 Secures Commitment of Approximately $122…
Appgate Successfully Completes Recapitalization and Embarks on Next Phase of Growth
MIAMI | July 03, 2024 (BUSINESSWIRE) Company emerges debt free from recapitalization, launches new malware analysis service and releases enhanced version of its Universal Zero Trust Network Access Solution Appgate, the secure access company, today announced the successful completion of…
Three Professionals Receive Emerging Leader Awards by The M&A Advisor
The M&A Advisor announced Jeff Gasbarra, Managing Director, Steven Shenker, Managing Director and Blair Woolheater, Senior Director, as recipients of the 15th Annual Emerging Leaders Award. The M&A Advisor, a globally renowned organization known for recognizing and showcasing leading M&A, financing,…
Ambri Agrees to Terms of Proposed Sale with Lender Consortium
MARLBOROUGH, Mass. | May 06, 2024 (BUSINESSWIRE) Ambri Files for Chapter 11 Protection to Facilitate Sale; Expects to Emerge as a Recapitalized and Stronger Company in July Ambri Is Operating as Usual and Remains Focused on Developing Liquid Metal™ Batteries…
Appgate Announces Comprehensive Recapitalization Process, Positioning Company for Long-Term Growth and Innovation
MIAMI | May 06, 2024 (BUSINESSWIRE) Company to receive investment from Magnetar to fortify and expand business operations Appgate (OTCMKTS: APGT, “the Company”), the secure access company, today announced a comprehensive restructuring plan designed to enhance its financial position and…
Portage Point Partners Announced as Winner of the 18th Annual Turnaround Awards
JANUARY 2024 The M&A Advisor announced the winners of the 18th Annual Turnaround Awards. The restructuring of Auto Plus and Pep Boys was named a winner for the Restructuring of the Year ($250MM to $500MM). The awards will be…
Nogin Initiates Strategic Financial Restructuring; Operations to Continue Uninterrupted
NEW YORK, Dec. 06, 2023 (GLOBE NEWSWIRE) Firm Commitment to Operational Continuity and Long-Term Growth, Backed by Significant New Bookings and Strong Client Partnerships Nogin (Nasdaq: NOGN, NOGNW), a pioneer in Commerce-as-a-Service (CaaS) ecommerce technology and services, today…