1 min read · 22 October 2008
Atalaya Capital Management has received bankruptcy court approval for its acquisition of casual restaurant operator Bennigan’s Franchising Co., which also includes the Tavern and Steak & Ale brands. The deal is expected to close by month’s end.
2 min read · 22 October 2008
1 min read · 22 October 2008
1 min read · 22 October 2008
Cameron Hughes Wine has raised an undisclosed amount of mezzanine funding from Bacchus Capital Management, a San Francisco-based provider of mezza and equity capital to wineries and wine businesses.
3 min read · 22 October 2008
Greatwide Logistics Services, a Dallas, Texas-based provider of third-party logistics, has filed for Chapter 11 bankruptcy protection. Investcorp and Hicks Holdings had acquired a majority stake in the company for $730 million in late 2006, with seller Fenway Partners retaining a minority position. In its bankruptcy filing, the company reported around $600 million in debt. Greatwide also announced a deal to be acquired by a group of its first-lien secured lenders, including affiliates of Centerbridge Capital Partners and D. E. Shaw.
3 min read · 22 October 2008
Andrés Ebhardt has joined European fund-of-funds manager CAM Private Equity as a partner. He previously worked in private banking for J.P. Morgan.
2 min read · 22 October 2008
1 min read · 22 October 2008
Windjammer Capital Investors has made a $25 million follow-on investment in BBB Industries, a Mobile, Ala.–based supplier of remanufactured and new starters and alternators for the vehicle aftermarket. Windjammer had originally sponsored a recapitalization of BBB Industries in June 2007.
2 min read · 22 October 2008
3 min read · 22 October 2008