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Speedcast Announces Confirmation of Plan of Reorganization

Speedcast International Limited (ASX:SDA) (together with its subsidiaries, “Speedcast” or the “Company”) today announced that the U.S. Bankruptcy Court for the Southern District of Texas has confirmed Speedcast International Limited and certain of its affiliates’ Plan of Reorganization (the “Plan”). The confirmation definitively clears the path for […]

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Garrett Motion Selects Enhanced Proposal From Centerbridge and Oaktree Following Robust Competitive Process

Garrett Motion Inc. (“Garrett” or the “Company”) today announced it has selected an enhanced proposal from a consortium of stockholders led by Centerbridge Partners, L.P. (“Centerbridge”) and funds managed by Oaktree Capital Management, L.P. (“Oaktree”) (the “Plan Sponsors”) as the best plan to reorganize the Company, following […]

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Ahold Delhaize and Centerbridge Partners successfully complete acquisition of FreshDirect after receiving regulatory clearance from the FTC

Ahold Delhaize and Centerbridge Partners are pleased to announce today that they have closed the acquisition of New York City-based online grocer FreshDirect after receiving regulatory clearance from the U.S. Federal Trade Commission. Through the acquisition, which was previously announced on November 18, 2020, Ahold Delhaize acquires […]

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Fairstone Financial Holdings Inc. Acquired by Duo Bank of Canada

Duo Bank of Canada (“Duo Bank”), a Toronto-based financial services provider supported by Stephen Smith, Centerbridge Partners L.P. and Ontario Teachers’ Pension Plan Board (“Ontario Teachers'”), announced today the completion of the acquisition of all outstanding shares of Fairstone Financial Holdings Inc. (“Fairstone” or the “Company”). Headquartered […]

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American Bath Group Completes Acquisition of DreamLine

American Bath Group, LLC (“ABG”), a leading manufacturer of showers, bathtubs, and related accessories and a portfolio company of Centerbridge Partners, today announced the closing of the acquisition of DreamLine (“DreamLine” or the “Company”) from affiliates of MPE Partners (“MPE” or “Morgenthaler Private Equity”).

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daVinci Payments Completes Merger with North Lane Technologies Creating High-Growth Payment Company

daVinci Payments (daVinci) and North Lane Technologies (North Lane), today announced they have completed their merger, formally creating a high-growth, premier payment company with innovative technology and solutions. The combined businesses now operate under the brand umbrella of Syncapay, through a holding company formed together with a […]

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