Distressed Asset Report: January 2021
As the calendar changes and COVID continues its assault on the overall economy, private equity firms must manage their distressed portfolio companies.
Loves Furniture Files for Bankruptcy After Purchasing Art Van Stores
Loves Furniture & Mattress, a brand new furniture realtor that opened its doors less than a year ago, filed for Chapter 11...
PE Firms See Fewest Distressed Assets of 2020 During Q4
The U.S. economy continued to show signs of a late-year recovery. After greatly suffering in the spring from the initial shock of...
Distressed Assets Report: November 2020
Private equity firms have reason to celebrate this holiday season. For the third consecutive month, portfolio companies have seen fewer distressed assets.
Distressed Assets Report: October 2020
As bleak as the economy has been during the COVID-19 pandemic, October brought good news for private equity-owned companies. October marks the...
Telestream has Acquired Media Archiving Specialist, EcoDigital
Media processing vendor, Telestream, LLC, announced earlier this week that it has acquired Media archiving specialist, EcoDigital, Inc. Telestream acquired the company...
The PE Industry Reveals its Insurance Knowledge in New Research
Private equity firms’ knowledge of the insurance market and strategic use of cover remains relatively limited, according to research from Gallagher. The...
PE Firms See 100 Fewer Distressed Assets in Q3 than Q2
The U.S. economy continues to suffer from the COVID-19 pandemic. But as bankruptcies and defaults continue to pile up, private equity firms...
Distressed Asset Report: August 2020
As the U.S. economy continues to feel the wrath of COVID-19, companies continue to falter. More private equity-owned companies received a distressed...
Distressed Asset Report: July 2020
As the summer heat picked up, defaults and distressed ratings cooled down.
Just two private equity-owned companies ended July...
Recent Articles
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...
ViacomCBS Networks International Agrees to Acquire Chilevisión
On Monday April 5, ViacomCBS Inc. (NASDAQ: VIAC, VIACA) announced that it had agreed to acquire Chilevisión from WarnerMedia. WarnerMedia is a...
Carnival Reports $2 Billion Quarterly Loss
Carnival reports $2 billion quarterly loss. This is due to COVID-19 pandemic restrictions on the cruising industry, which has decimated Carnival and...
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...
ECB President Lagarde Expects Strong Rebound for EU Economy in Second Half
Despite COVID-19 struggles, European Central Bank (ECB) President Christine Lagarde told CNBC on April 9 that the European Union (EU) will hit...
Most Popular
Private Equity Firms Raise $8.52 Billion in June
In the month of June, private equity firms raised approximately $8.52 billion, according to data tracked by The Buttonwood Tree.
LA Dodgers Owner Files for IPO Through SPAC
LA Dodgers owner, Todd Boehly, has filed a $500 million IPO through a third SPAC. The SPAC, Horizon Acquisition Corp III, is...
Roper Technologies to Acquire Vertafore for $5.35 Billion
Roper Technologies, Inc. (NYSE: ROP) announced yesterday it would buy Vertafore Inc. for $5.35 billion. This would be its largest takeover deal...
Stripe Partners with Citi, Goldman Sachs to offer Banking As A Service to Merchants
Stripe, a payment processing company, announced last week that it plans to offer financial services to eCommerce businesses via Stripe Treasury. The...
Square Exceeds Q3 Expectations Due to Bitcoin Trading
Square Inc.’s revenue from bitcoin surpassed expectations in revenue in the third quarter, according to Square’s Q3 earnings report. The payment company...
