News by subject: RCN

Atento receives backstop commitments for an additional $76 million in exit financing.This additional funding commitment comes on top of the $37 million funding already received by Atento, bringing the total additional funding to be received in...

iNRCORE, LLC ("iNRCORE" or the "Company"), a portfolio company of TJC, L.P. ("TJC"), is pleased to announce that it has entered into a definitive agreement with funds advised by TJC and funds advised by Warburg Pincus LLC ("Warburg Pincus") to...

Backcast Partners ("Backcast"), a provider of debt and equity capital for both middle-market private equity and non-private equity owned companies, is pleased to announce its most recent investment in support of Jackson Hewitt Tax Services, Inc....

Leading third-party logistics (3PL) providers Worldwide Express, GlobalTranz and Unishippers today unveiled a new corporate identity, WWEX Group. A culmination of a multi-year acquisition strategy and integration effort, WWEX Group is the...

Reference is made to the previous announcement made by Aker Horizons ASA ("Aker Horizons") regarding the initiation by Mainstream Renewable Power ("Mainstream") of Judicial Reorganisation Proceedings for Huemul Energía SpA and Condor Energía SpA in...

An investor group led by Todd DiBenedetto and with a history of successful corporate turnarounds has purchased the Rane Precision Die Casting facility in Russellville, Kentucky, saving 200 jobs. The transaction closed in mid-September after...

Humbly producing magical live experiences in Austin kept Fusebox Festival a hidden gem for almost 20 years. A fresh rebrand will now allow that gem to shine in the light. Introducing Fusebox! ...

Inversiones Latin America Power Limitada ("ILAP" or the "Company") today announced an agreement in principle with noteholders to restructure its balance sheet. This agreement will reduce senior secured debt by approximately $160 million, as well as...

Silver Oak Services Partners, LLC ("Silver Oak"), a lower middle market private equity firm focused exclusively on service businesses, announced it has led the recapitalization of Quality Liaison Services ("QLS" or the "Company") in partnership with...

SunStream USA was formed today in anticipation of SunStream Bancorp Inc.'s ("SunStream") signing of restructuring documentation with Surterra Holdings, Inc. d/b/a Parallel ("Parallel"). SunStream is a joint venture sponsored by SNDL Inc. ("SNDL")....

Numinus Wellness Inc. ("Numinus" or the...

Best Version Media, a leader in advertising solutions for local businesses, has announced a new brand identity to align with the company's impressive growth and continued expansion into the digital space. These exciting updates include redesigned...

West Marine and certain of its affiliates ("West Marine" or the "Company"), the nation's leading omnichannel provider in the marine aftermarket,...

Electrolux Group has divested its manufacturing facility in Nyíregyháza, Hungary to Swedish heat pump manufacturer Qvantum for a cash consideration of EUR 38m (approx. SEK 455m). The approximate gain of EUR 25m (approx. SEK 300m) will be recorded as...

Climate Risk Partners ("CRP"), a climate risk strategy start-up, today announced its integration into Climate Commodities ("CC"), a climate economy-focused platform with operating companies in physical trading, mineral processing and refining,...

The public relations agency TESLA RP, operating in Quebec and Canada since 2015, has become AUCOIN Strategy & Communication. The agency's new brand image reflects its commitment to better align its DNA with the needs of its clients....

Oppenheimer & Co. Inc. ("Oppenheimer")?a leading wealth manager, investment bank, and a subsidiary of Oppenheimer Holdings ? today announced the launch of a strategic brand initiative. The relaunch is accompanied by a multi-channel advertising...

Changing business needs are compelling pharmaceutical engineering leaders to identify new ways to streamline manufacturing operations. That's the major conclusion from Forefront, the Unispace Life Sciences Global Benchmark Report, which provides a...

SkillCycle, a learning company focused on helping companies and their employees thrive through upskilling, announced today that their development-first platform enables a direct path from learning to performance management. C-suites and leadership...

To continue its mission to build a greener future, Holcim US, the leader in sustainable building solutions, today announced plans to unite its legacy brands in and around Boston....

EverBank, formerly TIAA Bank, today celebrates the launch of its new name and brand, marking a significant milestone in its mission to redefine banking through innovation, performance, and client partnership. Experience the full interactive...

Axcelis Technologies, Inc. , a leading supplier of enabling ion implantation solutions for the semiconductor industry, today announced that its Board of Directors has authorized additional funding of $200 million for the Company's share repurchase...

Soft Surroundings (the "Company") today announced that it has entered into a Restructuring Support Agreement ("RSA") pursuant to which Coldwater Creek under the ownership of Newtimes Group, will continue ongoing direct-to-consumer and e-commerce...

Westlake Surgical, L.P., dba The Hospital at Westlake Medical Center ("The Hospital at Westlake" or the "Hospital"), a proudly physician-owned boutique hospital that offers a wide range of premier medical services and exceptional patient care, today...

Reaches Transaction Support Agreement with More Than 75% of Secured Letter of Credit Facility Providers, Funded Debt Creditors and Equity Holders Receives $250 Million in New Capital The Agreement Extends Company's Loans and Letter of Credit...

In a bold restructure, Clyde Companies merged Colorado-based IHC Scott with legacy subsidiary WW Clyde. On October 1, 2023, all IHC Scott operations will officially become the Great Plains Division of WW Clyde. The strategic move amplifies WW Clyde's...

Party City Holdco Inc. ("PCHI" or the "Company"), a global leader in the celebrations industry, announced today that it has received approval from the U.S. Bankruptcy Court for the Southern District of Texas of its Plan of Reorganization,...

Precision OT, a global optical system engineering and integration company, has announced its strategic decision to rebrand to Precision Optical Technologies, Inc. The name change comes as the company evolves its services and solutions to reach beyond...

Atento S.A. ("Atento" or the "Company"), one of the world's largest providers of customer relationship and business process outsourcing (CRM/BPO) services and an...

Today, Victory Property Management, a leading regional property management firm, has officially announced its rebranding to "MoveZen" Property Management. This name change is a reflection of the company's ongoing commitment to a customer-first...

Mallinckrodt plc ("Mallinckrodt" or the "Company"), a global specialty pharmaceutical company, today announced that it has received approvals from the U.S. Bankruptcy Court for the District of Delaware for its "First Day" motions related to the...

Mallinckrodt plc ("Mallinckrodt" or the "Company"), a global specialty pharmaceutical company, today announced that it...

AgileThought, Inc. ("AgileThought" or the "Company"), a global provider of digital transformation services, agile software development, and next generation technology solutions, today announced additional working capital funding, a go-private...

Mallinckrodt plc ("Mallinckrodt" or the "Company"), a global specialty pharmaceutical company, today announced that it...

East Side Games Group (ESGG), a leading player in the mobile game industry, has today unveiled a strategic restructuring plan aimed at realigning the company's priorities to ensure a more robust and successful future....

Creatd, Inc. $VOCL; ("Creatd" or the "Company") today shares an open letter from Chairman and CEO of Creatd, Inc. to shareholders addressing declining stock values. Dear Creatd Shareholders, I'm writing to address recent concerns and developments at...

BPEA EQT sells its remaining 26.6 percent stake in Coforge, an India-headquartered Digital IT Solutions & Technology Consulting Services provider, through a USD 924m block tradeIdeally positioned in one of BPEA EQT's core sectors, Tech Services,...

Agreement Supported by a Substantial Majority of Each of its First and Second Lien Debtholders and Opioid Trust Financial Restructuring Plan to Significantly Reduce Debt, Increase Free Cash Flow Generation, Extend Maturity Runway and Better Position...

Approval enables process to pursue a transaction structure involving the sale of certain mCloud and AssetCare assets resulting in the separation of mCloud's business in two standalone parts: one part to focus on AssetCare and a second to...

HBR Consulting, LAC Group, and Wilson Allen today announced the launch of Harbor, an expert services provider across strategy, legal technology, operations, and intelligence. Following the integration of the three companies and several key...

MPE Partners ("MPE" or "Morgenthaler Private Equity") announced today the recapitalization of Precision Pipeline, LLC ("Precision" or the "Company"), a leading provider of critical repair, replacement, and maintenance services for utility customers...

Coalesce Capital, a private equity firm focused on investing in business services companies, announced today that it has teamed with Freedom 3 Capital, an existing Examinetics shareholder, and management to recapitalize Examinetics, a leading...

Diebold Nixdorf today confirmed that it has completed its financial restructuring and has emerged from the related Chapter 11 and Dutch proceedings as anticipated per the company's previous announcement on Aug. 9. We expect that new shares in the...

DCKAP, a B2B technology company that shapes online shopping experiences for distributors, has launched Klizer, a new brand dedicated to providing specialized ecommerce services. This milestone follows DCKAP's strategic focus on developing technology...

Cano Health, Inc. ("Cano Health" or the "Company") , a leading value-based primary care provider and population health company, today announced financial results for the second quarter ended June 30, 2023....

Amyris, Inc. ("Amyris" or the "Company"), a leading synthetic biotechnology company accelerating the world's transition to sustainable consumption through its Lab-to-Markettm technology platform and clean beauty consumer brands, today announced that...

OneCare Media, a leader in online health education and insights, today announced a change to its corporate identity and name. Effective immediately, the company is rebranding itself as "Sleep Doctor." This decision reflects a deepened commitment to...

Omni Workspace of Minneapolis, MN is excited to announce a new identity for its A&M Business Interior Services, Atmosphere Services, and Emerald City Moving & Storage subsidiaries. Their locations in Washington, Minnesota, Wisconsin,...

Tupperware Brands Corporation , a global consumer products company, announced today that it has finalized an agreement with its lenders to restructure its existing debt obligations, improving the Company's overall financial position by amending...

Internap Holding LLC ("INAP" or "the Company") today announced that it has completed its restructuring and emerged from the Chapter 11 process as a clean stand-alone cloud business with a growth-oriented capital structure. The Company is proud to...