News

Focus Management Group served as financial advisor to Gabriel’s Liquor in the company’s acquisition by Omega Capital Group after Gabriel’s Liquor’s Chapter 11 filing.

TNT Crane & Rigging and certain of its affiliates emerged from Chapter 11 bankruptcy protection. The company emerged from its restructuring as a private company with a new ownership group, recapitalized with a new $225 million term loan.

YogaWorks, a provider of yoga instruction, filed for Chapter 11, entering a purchase agreement with Serene Investment Management. Serene will serve as the stalking horse bidder, acquiring YogaWorks’ digital and education business and intellectual property.

Tiger Group is accepting offers for bulk purchases of inventories from six facilities on the East and West Coasts operated by American Medical Depot, a distributor of medical equipment and supplies that is now winding down business.

TD Community Development Corporation allocated new markets tax credits to the International African American Museum in Charleston, SC, to assist in its construction project and opening, resulting in an equity investment of more than $5.5 million from TD.

Versant Funding funded a $1.5 million non-recourse factoring facility for a national distributor of CBD-infused body care products.

Chaparral Energy emerged from Chapter 11 as a private, non-SEC filing company, completing its financial restructuring. The company equitized all $300 million of its unsecured 8.75% senior notes due 2023 and reduced its annual interest expense by more than $25...

PREIT, an operator of diverse retail and experiential destinations, reached an agreement with more than 80% of its bank lenders under which the banks will provide an additional $150 million to recapitalize the business and extend the company’s debt maturity...

Citizens M&A Advisory served as the exclusive financial advisor to EasyWorkforce Software Corporation, a workforce management software provider, on its growth equity investment from CFH Strategic Investment I.

Goldman Sachs BDC completed its merger with Goldman Sachs Middle Market Lending. BofA Securities and Dechert served as financial and legal advisors to Goldman Sachs BDC, while Morgan Stanley and Eversheds Sutherland served as the financial and legal advisors to Goldman...