Breaking News

Excel Fitness Receives Upgrade After Post-Pandemic Survival

Excel Fitness Holdings, Inc., the largest franchise holder and operator of Planet Fitness gyms, received an upgrade from Moody's on April 22....

California Wineries, Restaurants Reveal Plans for New Normal in the Wake of COVID-19

When COVID-19 arrived in the U.S. just over a year ago it pushed California wineries and restaurants to be creative. Social distancing...

Casa Bonita, of ‘South Park’ Fame, Files for Chapter 11

Summit Family Restaurants, the parent company for Casa Bonita, filed for Chapter 11 bankruptcy on April 6. The Mexican-themed restaurant features a...

Del Monte’s Rating Climbs Year After Recapitalization

Del Monte Foods, Inc. received an upgrade from both Moody and S&P on April 9, nearly a year after the company's recapitalization...

Men’s Wearhouse Struggles to Resurge

After a rough 2020, Men's Wearhouse LLC continues to face an uphill battle toward recovery. Moody's recently affirmed...

Crocs Reduced to Junk-Bond Despite Revenue Climb

Even as its stock surged early this year, a revenue increase amid the pandemic, and a promising projection of 20-25% revenue growth...

Godiva to Close all North American Stores in March 2021

Godiva will close all 128 of its stores in the United States and Canada by the end of March 2021. Decreased demand...

CarbonLITE Recycling Files for Bankruptcy

CarbonLITE, the world’s largest bottle-to-bottle plastic manufacturer, filed for bankruptcy on March 8. Like many other companies, CarbonLITE blamed the COVID-19 pandemic...

STRAP Technologies Earns $1.3M Investment

Across the spectrum, the disabled have been conditioned to believe that living autonomously is a luxury. STRAP Technologies rejects this notion. The...

Azzur Group Earns Investment

Life sciences consultancy, Azzur Group has announced an investment from Wisconsin-based Baird Capital. The start-up is one of the fastest growing US...

Clubhouse Closes Series C Funding Round

Video, it seems, hasn't killed the radio star. Earlier this week, invite and audio-only Clubhouse earned an undisclosed amount in series C...

Ruby Love Closes Funding Round

Period apparel company, Ruby Love has recently closed a round of funding led by SteelSky Ventures. The undisclosed amount of capital will...

Hungry Planet Gobbles Up $25 Million in Funding

Hungry Planet, a leading provider of meat-free foods, has raised $25 million in the latest round of funding. The start-up offers a...

NoiseAware Earns $8 Million in Early Stage Capital

Smart home solution, NoiseAware recently earned $8 million in capital. The funding round, led by S3 Ventures and Thayer Ventures, will fuel...

Deals & Exits

Reports

New Chapter 11 Filings, Disclosures: May 3 – May 7, 2021

At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of May...

New Chapter 11 Filings, Disclosures: April 26 – April 30, 2021

At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of April...

New High Yield Bond Ratings: April 19 – 23, 2021

At least 27 companies received a revision on high yield bond ratings during the week of April 19 - 23, 2021. These...

New Chapter 11 Filings, Disclosures: April 19 – April 23, 2021

At least five major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of April...

New High Yield Bond Ratings: April 12 – 16, 2021

At least 19 companies received a revision on high yield bond ratings during the week of April 12-16, 2021. These revisions caused...

New Chapter 11 Filings, Disclosures: April 12 – April 16, 2021

At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of April...

New High Yield Bond Ratings: April 5 – 9, 2021

At least 35 companies received a revision on high yield bond ratings during the week of April 5-9, 2021. These revisions caused...

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