Latest Recapitalization Stories

2014-09-02 08:32:47

NEW YORK, Sept. 2, 2014 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that its portfolio company Expera Specialty Solutions, LLC ("Expera" or the "Company") has completed a successful recapitalization. Expera raised $270 million of financing, including a $75 million cash flow revolving credit facility and a $195 million term loan. The proceeds of the recapitalization were used to refinance outstanding debt, to fund a $35 million cash distribution to stockholders...

2014-06-25 12:32:10

EVANSTON, Ill., June 25, 2014 /PRNewswire/ -- Silver Oak Services Partners announced it has led the recapitalization of Construction Labor Contractors ("CLC" or the "Company") in partnership with the founder and management. Founded in 1997, CLC is a leading provider of temporary staffing of skilled tradesmen for the commercial construction market. The Company, headquartered in Richfield, OH, with 15 sales offices throughout the Midwest, Mid-Atlantic and Southwest that service clients...

2014-05-20 12:35:43

BIRMINGHAM, AL, May 20, 2014 /PRNewswire/ - Today, Montclair Energy, LLC ("Montclair") objected to the extension the management of Equal Energy Ltd. (NYSE: EQU; TSX: EQU) ("Equal Energy") granted to Petroflow Energy Corporation ("Petroflow"). W. Cobb (Chip) Hazelrig, principal at Montclair, criticized management's decision stating: "I fail to understand how the management of Equal Energy can continue to ignore what is in the best interests of its shareholders. We are nonplussed that...

Word of the Day
  • The prevailing range of a vocal or instrumental part, within which most of the tones lie.
This word is Italian in origin and comes from the Latin 'textura,' web, structure.