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
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Ace, CM-CIC sell Spring Technologies to trade
Sweden-based Hexagon, a specialist in Autonomous Connected Ecosystems (ACE) buys Spring
Litorina-backed Fresks acquires Urban Strålin Byggvaror
Previous owners Kay and Leo Strålin will reinvest part of the proceeds in the building materials retailer
BGF injects £3m into DevOpsGroup
Investment will fund the acquisition of Wales-based IT skills training business AgileSnap