Troika Media Group, a consumer engagement and customer acquisition group, entered into a restructuring support agreement with Blue Torch Finance pursuant to which Blue Torch will acquire substantially all of the assets of the company via a stalking horse credit bid.
Areté Capital Partners, a special-situation advisory and capital firm, added Stuart Kaufman as managing director based out of Chicago. Kaufman has more than 25 years of experience advising businesses during periods of distress and transition.
MACCO Restructuring Group is serving as financial advisor to crypto lender CRED in the commencement of its Chapter 11 case in the United States Bankruptcy Court for the District of Delaware. CRED also added Grant Lyon to serve as chair of the restructuring committee.
Grant Lyon, Craig Hansen and Peter Kaufman have partnered to form Caissa Capital, a venture aimed at providing, in one entity, senior-level workout, financial restructuring and legal services.