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Gladstone Place Partners handled the robust IPO of Sun Country Airlines, a market debut that bodes well for the COVID-19-impacted travel industry.
The Financial Times noted that SCA shares closed at $36.38 on the March 17 first day of trading, which was up 51.5 percent from the initial offering price.
SCA, which has been flying for more than 35 years, is enjoying bookings equal to the pre-pandemic level.
“We’re feeling really good about where we are and investors share that enthusiasm,” CEO Jude Bricker told the Financial Times.
The Minneapolis-based carrier serves more than 50 destinations in North America, Central America and the Caribbean.
Gladstone Place’s Christina Stenson and Felipe Ucros work the SCA business.
Prosek Partners handles New York’s Tilray Brands, craft beer & cannabis operation, as it acquires BrewDog, a leading British independent beer producer in the UK, for $45M.
Brunswick Group handles Zurich Insurance as it agrees to buy UK-based Beazley specialty insurer in a deal valued at $11B.
FGS Global represents Brink’s as it agrees to acquire NCR Atleos, which relies on Collected Strategies, in a $6.6B cash & stock deal to create a leading fintech infrastructure company. (Updated)
A January article in O’Dwyer’s proposes that in 2026, the strongest financial brands will not simply tell compelling stories—they will “signal readiness.”
C Street Advisory Group is working the Chapter 11 filing of Axip Energy Services as it unloads its nearly all of its assets to deal with a heavy debt load.
