Cyxtera, a data center colocation, interconnection services and digital infrastructure company, entered into an asset purchase agreement under which Brookfield Infrastructure Partners and its institutional partners will acquire substantially all of Cyxtera’s assets for $775 million.
Sunlight Financial Holdings will be acquired by a consortium of established investors in the solar energy industry. As part of the process, Sunlight Financial has filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code.
QualTek Services, an infrastructure services provider, emerged from Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas following the confirmation of its plan of reorganization on June 30.
The U.S. Bankruptcy Court for the Southern District of New York has confirmed Revlon’s plan of reorganization. The plan positions Revlon to emerge from bankruptcy in late April, consistent with the timeline announced at the beginning of the restructuring.
Atlas Air Worldwide, a leading global provider of outsourced aircraft and aviation operating services, and the investor group led by funds managed by affiliates of Apollo, together with investment affiliates of J.F. Lehman & Company and Hill City Capital, completed its acquisition of Atlas Air Worldwide.
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.
Revlon and certain of its subsidiaries filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York.
Apollo agreed to acquire Cardenas Markets, a grocery retailer focused on serving the Hispanic community, from investment funds affiliated with KKR, a global investment firm.
Liquidity Group entered into agreements with respect to approximately $775 million in capital commitments led by by funds and entities managed by affiliates of Apollo.