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Sard Verbinnen is handling David’s Bridal Inc. as it irons out a recapitalization plan to avoid another round of bankruptcy.
The Conshohocken, PA-based firm, which declared Chapter 11 a year ago, receives a $55M cash infusion and reworks $276M in debt under the restructuring to enable it to execute a “compelling transformation strategy that is centered around our customer,” CEO Jim Marchum said in a statement.
He’s eager to change the “David Bridal’s experience by modernizing our branding and marketing, investing in tools and platforms to support brides during the entire wedding process, and enhancing the customer experience in stores and online.”
David’s Bridal, which sells about 25 percent of bridal dresses in the US, operates more than 300 stores in the US, Canada and the UK.
SVB’s John Christiansen and David Millar handle David’s Bridal.
Teneo handles Bamboo Insurance Services as the Midvale, UT-based marketer of homeowner policies files a Form S-1 statement with the SEC for an initial public offering.
FTI Consulting handles West Marine as the nation’s leading retailer of marine parts and accessories for boating, fishing and sailing enthusiasts emerges from Chapter 11 bankruptcy.
Throughline Global Advisors represents Principal Mineral as it acquires Conductive Group, manufacturer of advanced materials for the aerospace, telecommunications and electronics sectors.
Trump Media & Technology Group posted a $238M Q2 loss on $1.7M in revenues. That performance compares to a $20M loss and $883K revenues in the 2025 comparable quarter.
The Brand Amp represents Archer Aviation as it acquires Boeing’s $200M flying-taxi operation in return for a 20 percent stake in the Silicon Valley startup.
