Oaktree, KKR acquire Riverstone's Proserv via restructuring
Oaktree Capital Management and KKR have invested $50m in Riverstone portfolio company Proserv as part of a restructuring deal, acquiring a combined majority stake in the process.
More on Restructuring
Bain Capital in talks to rescue CDP Equity-backed Trevi
Trevi appointed a chief restructuring officer in 2017 to negotiate a debt restructuring plan
Pillarstone acquires Manucor
Pillarstone took over Intesa Sanpaolo's long-term loan to Manucor in 2015
Terra Firma's Four Seasons agrees interest payment standstill
Major creditor H/2 has agreed to the measure in order to facilitate a consensual restructuring
Terra Firma calls on H/2 to accept Four Seasons proposal
Development comes a month after the GP proposed to hand over its stake for a nominal sum
Latest News
Latour collects €800m for third fund
Vehicle is expected to hold a final close in March 2020, Unquote understands
Waterland-backed Hansefit combines with BFNL
Merger of German and Dutch peers will result in a client base of 3,500 companies
BlackFin closes third buyout fund on €985m
Fund's predecessor, BlackFin Financial Services Fund II, closed on €400m in 2016
Afinum acquires Fast LTA
GP will support the Munich-based software company's growth by broadening its product offering