AlixPartners Archives - Page 2 of 20

Sixth Street Delivers $240MM in DIP Financing to Support Bed Bath & Beyond’s Chapter 11 Filing

Bed Bath & Beyond filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of New Jersey. Sixth Street Specialty Lending is providing $240 million in debtor-in-possession financing to facilitate the process.

Starry Files Voluntary Chapter 11, Backed by RSA with Lenders

Starry Group Holdings and subsidiaries filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware and have entered into a restructuring support agreement with lenders holding the company’s debt.

AlixPartners Acquires Independent Restructuring Practice THM Partners

AlixPartners entered into an agreement to acquire independent restructuring practice THM Partners. As part of the proposed transaction, THM’s 40 partners and staff located in the UK, Germany and Singapore will join AlixPartners’ turnaround and restructuring services practice.

February 17, 2023 AlixPartners | Anthony Place | Simon Appell | Simon Freakley | THM Partners Ian Koplin

Avaya Holdings Enters into Restructuring Support Agreement with Secured Lenders

Avaya Holdings, a provider of solutions to enhance and simplify communications and collaboration, entered into a restructuring support agreement with overwhelming support of more than 90% of the company’s secured lenders.

AlixPartners Hires Brien as Partner and Managing Director

Catherine Brien joined the digital team of AlixPartners, a global consulting firm, as a partner and managing director. Brien brings breadth and depth of experience helping retailers and other consumer businesses digitally transform their operations.

February 15, 2023 AlixPartners | Catherine Brien | Matt Clark Ian Koplin

AlixPartners Rehires MacFarlane as partner and Managing Director in Retail Practice

Justin MacFarlane rejoined AlixPartners, a global consulting firm, as a partner and managing director in its global retail practice. He will work from AlixPartners’ New York office.

January 25, 2023 AlixPartners | David Bassuk | Justin MacFarlane Ian Koplin

AlixPartners Adds Pinsonnault as Partner and Managing Director

Scott Pinsonnault joined AlixPartners, a global consulting firm, as a partner and managing director. Pinsonnault brings deep experience to all stakeholders in the energy industry as an advisor, in the c-suite, as an investment professional and a technical practitioner.

January 13, 2023 AlixPartners | Scott Pinsonnault Ian Koplin

AlixPartners Hires Kissmann as Partner and Managing Director, Leading Cybersecurity Team

Uwe Kissmann has joined AlixPartners, a global consulting firm, as a partner and managing director and will lead the firm’s cybersecurity team in EMEA. Prior to joining AlixPartners, Kissmann led the cyber security strategy and risk services business at Accenture across Europe.

January 13, 2023 AlixPartners | Beatrix Morath | Narry Singh | Uwe Kissmann Ian Koplin

AlixPartners Completes 21 Promotions to the Role of Partner and Managing Director

AlixPartners, a global consulting firm, promoted 21 individuals to the new role of partner and managing director (PMD) and 136 to the new role of partner, effective Jan. 1.

Core Scientific Files Chapter 11, Receives $56MM DIP Facility Commitment

Core Scientific, a blockchain computing data center provider, will enter into a restructuring support agreement with an ad hoc noteholder group, which agreed to provide commitments for a debtor-in-possession facility of up to $56 million.

December 21, 2022 AlixPartners | Core Scientific | PJT Partners | Weil Gotshal & Manges Phil Neuffer

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