Portage Point Partners Archives

Portage Point Partners Launches Transaction Advisory Services Practice

Portage Point Partners, a business advisory, interim management and financial services firm, launched a transaction advisory services (TAS) practice.

November 22, 2022 Matthew Ray | Portage Point Partners | Sandy Ryan | Travis Pittman Ian Koplin

Portage Point Partners Hires Bremer as Managing Director of Investment Banking

Steve Bremer has joined Portage Point Partners as managing director, investment banking. Bremer Steve brings over more than 15 years of experience in investment banking, most recently serving as a pPartner in the Centerview restructuring and debt advisory group.

September 27, 2022 Jason Cohen | Matthew Ray | Portage Point Partners | Steve Bremer Ian Koplin

Kasparov Joins Portage Point Partners as Managing Director

Portage Point Partners, a business advisory and interim management firm that partners with stakeholders during periods of transition, underperformance and distress, added Vladimir Kasparov to the firm as a managing director.

July 8, 2021 Matthew Ray | Portage Point Partners | Vladimir Kasparov Ian Koplin

Portage Point Partners Expands Consumer Retail Practice

Portage Point Partners, a business advisory and interim management firm, added a team of executives to its retail practice, including managing directors Tom Park and Glenn McMahon and senior advisers Michael Feurer and Gerry Rittenberg.

Chonich Joins Portage Point Partners as Managing Director

Portage Point Partners, a business advisory and interim management firm that partners with stakeholders during periods of transition, underperformance and distress, hired Adam Chonich as a managing director.

May 11, 2021 Adam Chonich | Matthew Ray | Portage Point Partners Ian Koplin

Portage Point Partners Advises Bouchard Transportation on Chapter 11 Filing

Bouchard Transportation filed voluntary petitions to restructure under Chapter 11. Kirkland & Ellis and Jackson Walker are acting as Bouchard’s legal counsel, while Portage Point Partners is serving as restructuring advisor and Jefferies is serving as investment banker.

Ares Provides $100MM in New Equity Capital as Hornbeck Emerges From Chapter 11

Hornbeck Offshore Services emerged from Chapter 11. As part of its plan of reorganization, Hornbeck also closed on its common stock rights offering, which resulted in a $100 million cash infusion of new equity capital led by the special opportunities funds of Ares Management.

Hornbeck Offshore Services Receives Lender Support for Restructuring Plan

Pursuant to a restructuring support agreement, Hornbeck Offshore Services has the support of secured lenders holding approximately 83% of the company’s aggregate secured indebtedness.

Portage Point Hires Martin to Lead West Coast Practice

Darrick Martin joined Portage Point Partners to lead the West Coast region. Martin previously served as a managing director in the turnaround and restructuring practice of Alvarez & Marsal.

April 20, 2020 Darrick Martin | Matthew Ray | Portage Point Partners Phil Neuffer

Portage Point, Guggenheim Securities Advise on Hornbeck Restructuring

Portage Point Partners is serving as restructuring advisor and Guggenheim Securities is serving as financial advisor to Hornbeck Offshore Services, which entered into a restructuring support agreement that will be implemented through a voluntary prepackaged Chapter 11 case.

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