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...
Apollo Global Management Rebounds in the Second Quarter
Apollo Global Management, Inc. (NYSE: APO) bounced back to a more profitable status in the second quarter after reporting a net income...
Redwire Furthers Space Technologies Investment Through Acquisition
Redwire, backed by AE Industrial Partners, LP (AEI), announced today that it has acquired Made In Space, Inc. (MIS). The acquisition also includes...
Recent Articles
Hudson Yards Event Venue Files for Chapter 11 Bankruptcy
Hudson Mercantile, the iconic event space in Manhattan's Hudson Yards, has filed for Chapter 11 bankruptcy. The company faced financial challenges brought...
New High Yield Bond Ratings October 19 – October 23, 2020
At least 12 companies received downgrades or revisions on high yield bond ratings during the week of October 19 – October 23,...
Euronext Acquires Borsa Italiana in $5.1 Billion Deal
Euronext has acquired Borsa Italiana in a $5.1 billion deal. The London Stock Exchange is the entity that facilitated the deal. The...
Scottsdale Community Bank to Become Arizona’s Newest Community Bank
The Federal Deposit Insurance Corporation (FDIC) has given Scottsdale Community Bank (SCB) conditional approval to open as Arizona's first new community bank...
McAfee Reenters Stock Market with IPO of $20
McAfee Inc, the software company best known for their firewall program, reentered public domain with an IPO of $20 on Wednesday. With...
Most Popular
Pandemic Forces GNC into Bankruptcy
GNC, a nationwide neighborhood retailer known for its dietary supplements and protein powders, decided late Tuesday, June 23 to file for Chapter...
New Chapter 11 Filings, Disclosures: June 1 – June 5, 2020
At least seven companies either filed for Chapter 11 Bankruptcy protection or defaulted on loans during the first week of June. These...
Pier 1 Imports Files Chapter 11 Bankruptcy
Pier 1 Imports the once prominent furniture store with locations numbering over a 1000, filed for chapter 11 bankruptcy on Monday. A...
Scener Receives $2.1M in Seed Funding
Scener, a watch-together streaming service, received $2.1 million in seed funding round led by Seattle-based SeaChange. The platform's co-viewing movie and television...
Hertz Follows Chapter 11 With Massive Car Sale
Earlier this year, Hertz filed for Chapter 11 bankruptcy. The company faced a massive financial strain after its revenue significantly decreased due...
