Receive this Newsletter May 12, 2020
 

Notice of Secured Party Sale of Substantially all the Assets of Iconic Toy Brands, Alex Toys, LLC and Poof Slinky, LLC

To be held May 12 at the offices of Ellenoff Grossman & Schole LLP.

See the full public notice here.
 

Bankruptcy is Not the Only Option: How a Composition Agreement Can Help a Struggling Company

Some companies can renegotiate the terms of their debt without incurring the costs of bankruptcy. Read “90 Second Lesson: What Is a Composition Agreement?” to learn more.
 

PE Best Practices: How to Buy Distressed Assets in Financial Restructurings - May 21

This webinar, produced jointly by Private Equity Professional and Private Equity Career News is a must-attend for private equity investors looking to invest in distressed assets.

The economic collapse caused by the COVID-19 pandemic has left a trail of distressed companies in its wake. Private equity professionals are in prime position to step in, stop the bleeding, and get these companies back on their feet--saving countless jobs in the process. This webinar features renown corporate restructuring professionals Jonathan Friedland, Joe Greenwood and Sandeep Gupta. This 75-minute webinar begins at 11 am ET on May 21 and will teach the latest strategies for acquiring distressed assets, financing their purchase, and getting them on the road to recovery. To attend, register here.
 

June 23 & On-Demand - Opportunity Amidst Crisis

A virtual, on-line symposium for business owners, corporate directors and officers, private equity professionals, and others seeking to learn the ins and outs of dealing with a financially distressed company – whether running one, buying one, or trying to get paid by one. This three-part webinar series, co-produced in cooperation with eight leading trade organizations, is unprecedented in scope, format, and participation. For more information or to register, click here..
 

DailyDAC’s Opportunistic Deal Database

DailyDAC’s ODD curates information about distressed companies and assets of distressed companies that are for sale or that are likely to become for sale. No other service is as complete or as speedy in terms of the information it produces. Public and other large companies get plenty of attention when they become distressed. The smaller ones - those in the vast middle market - often go relatively unnoticed, and that is where bargains are found. Click here for more info.
About the Opportunistic Deal Database
Vulture Investors Take Note:

Looking to buy companies out of bankruptcy? Assets of financially distressed companies in receivership, assignment or from lenders who have foreclosed on, and are selling, their collateral under Article 9 of the UCC? Search for excess assets resulting from plant closings? Targeting other sellers who need to sell urgently and other opportunistic/special situations?

Check out DailyDAC's Opportunistic Deal Database (ODD). The ODD culls such opportunities.

Subscribe here for access
The deals listed here were added to the ODD throughout the seven day period ending this past Sunday. The number in parentheses next to each deal is its unique ID number, included so our paid subscribers can easily find these deals on our website.
Private Equity Career News (PECN) Webinar - 5/21

Secured Party Sales

  1. Intellectual property - food & beverage company - (23132)
  2. Commercial lot for development - 1.23 acres - (23133)
  3. Custom signage company - (23131)
  4. Toy branding company - (23119)

Private Company Sales

  1. Nine commercial franchised delivery routes - (23098)
  2. Aluminum recycling & processing facility - (23100)
  3. Demolition and salvage business - (23096)
  4. Plumbing/HVAC company - (23099)
  5. Trucking company - (23097)

Assignment for the Benefit of Creditors Sales

  1. Casual restaurant holding company - (23122)
  2. Industrial fabrication company - (23123)
  3. Garage equipment manufacturer - (23121)
  4. Blockchain software company - (23124)

Chapter 11 - 363 Sales

  1. Automotive repair equipment - Multiple lots - (23076)
  2. Commercial building – 20,392 sq. ft. - (23074)
  3. Wholesale sporting goods supplier - (23091)
  4. Addiction treatment center - (23092)
  5. Hydraulic repair service - (23093)
  6. Fashion retailer - (23073)

Chapter 11 - Investment Banker Application Filed

  1. Designer & manufacturer of automotive/trucking products - (23166)

Chapter 11 - Case Filing Indicates Future Asset Sale

  1. Educational summer camp franchise - (23169)

Chapter 7 - Sale of Business Assets

  1. Varicose vein treatment center - Remnant assets - (23078)
  2. Interest(s) in a telecommunications company - (23083)
  3. Produce grower (w/IP & litigation assets) - (23080)
  4. RV fifth wheel trailers, boat trailers - (23090)
  5. Interest in a pending lawsuit - (23087)
  6. Commercial beverage license - (23085)

Chapter 12 Bankruptcy

  1. Agribusiness (w/equipment) - (23171)

Private Equity Career News (PECN) Book

Rating Agency Alerts/Other Signs of Distress

  1. Business solutions & marketing firm - (23136)
  2. Independent financial advisory firm - (23138)
  3. Late-stage biotechnology company - (23137)
  4. Pharmaceutical company - (23135)
  5. Oil & gas producer - (23139)

Auctions

  1. Industrial property on 0.96+/- acres - (23143)
  2. Hydraulic equipment - Over 500 lots - (23142)
  3. CNC vertical machining center - (23141)
  4. Guns, antiques & collectibles - (23140)
  5. Commercial facility - 8 acres - (23144)

Other Interesting Sales

  1. Financial technology services holding company - (23108)
  2. Chain of dining and entertainment venues - (23103)
  3. Financial & technology services company - (23105)
  4. Security device manufacturer - (23107)
  5. Chain of fashion boutiques - (23106)

Bulk Sales

  1. Veterinary clinic & animal hospital - (23126)
  2. Gas station (w/retail store) - (23128)
  3. Corporate real estate - (23130)
  4. Hotel/motel business - (23129)
  5. Tea shop/restaurant - (23127)

Receiverships

  1. Retail store chain (w/real estate) - (23102)
  2. Three contiguous waterfront lots - (23094)
  3. Chain of hotels & restaurants - (23095)
  4. Surplus brewery equipment - (23101)

Mass/Significant Layoffs

  1. Inflight entertainment services provider - (23112)
  2. HVAC/Refrigeration system servicer - (23110)
  3. Transportation services company - (23109)
  4. Seafood restaurant - (23113)
  5. Produce company - (23111)

Plant/Facility Closings

  1. High school yearbook & class ring provider - (23117)
  2. Beverage bottling & distribution company - (23115)
  3. Mobile healthcare services company - (23116)
  4. Outdoor sports gear retailer - (23114)
  5. Seafood restaurant - (23118)
  6. Fashion retailer - (23073)
View All Deals on DailyDac.com


 
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