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Accordion Acquires Mackinac Partners - News

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Accordion Acquires Mackinac Partners
Accordion, a private equity-focused financial consulting and technology firm, has acquired Mackinac Partners, a leading financial advisory, restructuring, and operational turnaround firm. Accordion has experienced tremendous organic growth, underscored by private equityâs focus on the role of value creation in a successful investment strategy, and accelerated by the firmâs 2018 investment from FFL Partners. As part of its ambitions to further scale and expand its scope of offerings, the Mackinac acquisition will enable Accordion to more meaningfully provide current and potential clients the kind of value stabilization and turnaround services that are critical to navigating economic uncertainty and industry disruption. It also expands Accordionâs reach beyond its current portfolio of over 200 fund sponsors and t ....

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Bloomfield Hills turnaround firm Mackinac Partners acquired by New York private equity group

Mackinac Partners LLC, a Bloomfield Hills-based financial advisory firm focused on corporate turnarounds and restructurings, has been acquired by Accordion, a New York City-based private equity group, according to a statement. The acquisition, terms of which were not disclosed, expands Accordion's… ....

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Top 10 Office Deals in California in 2020

Top 10 Office Deals in California in 2020
cpexecutive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cpexecutive.com Daily Mail and Mail on Sunday newspapers.

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Association of Insolvency and Restructuring Advisors Announces 8 CIRA Certification Awards

Association of Insolvency and Restructuring Advisors Announces 8 CIRA Certification Awards
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MEDFORD, Ore., Jan. 18, 2021 Rendering financial advisory services in the business turnaround, restructuring and bankruptcy practice areas requires both special knowledge and extensive relevant experience. In 1992, the AIRA established the
Certified Insolvency and Restructuring Advisor (
CIRA) program to recognize by public awareness and certification those individuals who possess a high degree of knowledge and proficiency across a spectrum of functions related to serving clients in situations involving distressed and/or insolvent entities. Such expertise includes accounting, operations, strategic, taxation, and finance issues related to business bankruptcy and insolvency. ....

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Rubio's Coastal Grill Receives Court Approval of Joint Prepackaged Plan of Reorganization

Rubio’s Coastal Grill Receives Court Approval of Joint Prepackaged Plan of Reorganization
December 22, 2020
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Rubio’s Restaurants, Inc., a fast casual restaurant chain specializing in coastal Mexican food, best known for its award-winning Original Fish Taco, announced that the U.S. Bankruptcy Court for the District of Delaware has confirmed its Second Amended Joint Plan of Reorganization.
This important milestone means that Rubio’s will emerge from the Chapter 11 process with a strengthened capital structure, improved financial stability and enhanced liquidity to support continued operation of its restaurants. The company is scheduled to complete its financial restructuring by the end of the year, as expected. ....

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