News

White Oak Group served as the investment banker to Gregg Communications in its sale to financial sponsor APLJ Capital Management.

The M&A Advisor recognized CohnReznick, an advisory, assurance and tax firm, with the Sec. 363 Sale of the Year Award ($10MM – $50MM category) for its advisory work in the restructuring and sale of Winc, a wine club, wholesaler and...

Subsidiaries of B. Riley Financial have been retained as advisors in connection with the Chapter 11 bankruptcy of Prize Management and Sand Ridge Development Association, dba Sand Ridge Materials.

CorEnergy Infrastructure Trust reached an agreement with certain of its noteholders on a comprehensive financial restructuring that will reduce debt and restructure its balance sheet.

Cambridge Savings Bank was the lead bank in a $45 million participation loan for Modera Wealth Management’s transaction with Parsec Financial Management.

FTI Consulting reported revenue of $3.489 billion for 2023, marking a 15.2% increased compared with revenue of $3.029 billion in 2022. The company’s also reported a 19.7% year-over-year increase in revenue for its corporate finance and restructuring segment in Q4/23.

B. Riley Securities, a middle-market investment bank and subsidiary of B. Riley Financial, served as exclusive financial advisor to ProSmile Holdings, a dental service organization (DSO) in the Mid-Atlantic region, on its debt financing from BankUnited.

Hornblower Group, a provider of travel transportation experiences, initiated a pre-arranged process under Chapter 11 of the U.S. Bankruptcy Code. In connection with the bankruptcy process, Deutsche Bank committed to provide $300 million in DIP financing to Hornblower.

Gordon Brothers committed new capital to support KidKraft’s liquidity and continued exploration of strategic alternatives. The U.S. wholesaler of outdoor and indoor children’s playsets will continue to service its supply chain partners as it evaluates alternatives.

GemCap, a Texas-based provider of revolving credit facilities, term loans and factoring facilities for small and medium-sized businesses across the U.S. and Canada, chose FGI Worldwide’s T.R.U.S.T. platform as a risk mitigation solution for client credit insurance policies.