Lindsay

Restructuring · Americas

Sauer Brands is renaming itself Duke's Mayo Company after divesting its spice business, refocusing on condiments (Duke's Mayonnaise and Mateo's Gourmet Salsa) with plans for national distribution and foodservice growth. The company is a portfolio business of Advent International.

Restructuring · Americas

Prairie Provident Resources has announced creditor-led proceedings under Canada's Companies' Creditors Arrangement Act (CCAA), a formal insolvency restructuring process.

Restructuring · Americas

Partners Group-backed EyeCare Partners is nearing a creditor agreement to cut its roughly $2bn debt by up to $400m via discounted repayments tied to asset sales, including the sale of its optometry business to MyEyeDr (expected to close Q4 2026), plus a distressed debt exchange into a new first-lien 1.5-out term loan.

Restructuring · Americas

Rackley W.A.R., a full-time NASCAR Craftsman Truck Series team since 2021, will immediately shut down after Friday's race at Talladega Superspeedway, ending its No. 26 and part-time No. 27 entries.

Restructuring · Americas

Syracuse University leadership plans a review of administrative and executive staffing, with the chancellor saying the administration should be rightsized for the institution it is building.

Restructuring · Americas

Net Power has pivoted from zero-emission oxy-combustion gas plants to building conventional unabated natural gas plants co-located with data centers. It acquired 10 natural gas reciprocating engines for co-location at its planned first commercial site and has ordered two 30 MW Siemens turbines for 2028 delivery. This is its second major pivot in under a year.