Acme United

Restructuring · Americas

Jersey Mike's completed a transition away from its Area Director model, a regional franchise management framework using third-party managers, to an in-house corporate support structure. Management says this cut overhead and added $9 million to adjusted EBITDA.

Restructuring · Americas

Thoma Bravo handed Medallia to its lenders in a debt-for-equity swap, wiping out $5.1B of equity on a $6.4B 2021 take-private; Blackstone, KKR, Apollo and Antares took control. The transaction closed August 3, 2026.

Restructuring · Americas

Guzman y Gomez is reported to be exiting the U.S. market after weak returns and a sizeable one-off charge, indicating a retrenchment from US operations.

Restructuring · Americas

California fitness holding company Fitlab filed for Chapter 11 bankruptcy protection in the District of Delaware, with estimated liabilities of $100M to $500M. Its portfolio includes Y7 Studio (all physical studios closed), Ragnar (being transferred to a new investor group), Assault Fitness, RPM Training, XPT, and Nike Studios (closed in March).

Restructuring · Americas

Weil Gotshal, a major US law firm, reportedly plans to dissolve and wind down after a sharp decline, per Reuters and other outlets; junior lawyers are reportedly being urged to find work elsewhere.

Restructuring · Americas

Brazilian biofuel producer FS and Abu Dhabi's Mubadala are reportedly seeking to buy debt held by creditors of troubled Raizen, signalling an active debt restructuring.