Fitlab

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

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

Acme United is closing its legacy Diamond Machining Technology sharpening facility in Marlborough, Massachusetts, and shifting that volume to Chinese partners, while directing capital toward automated domestic operations and direct-to-consumer acquisitions.

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.