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Joele Frank is working for Thrasio Holdings as the top Amazon aggregator declares Chapter 11 reorganization as the e-commerce frenzy slows in the aftermath of the pandemic.
The restructuring enables Thrasio to shave $495M in debt off its balance sheet. It has arranged $90M in fresh financing.
“Thrasio is one of the largest third-party sellers on the Amazon marketplace, and with a strengthened balance sheet and new capital, we will be better equipped to support our brands, scale our infrastructure and enable future opportunities,” CEO Greg Greeley said in a statement.
Joele Frank, Wilkinson Brimmer Katcher’s Michael Freitag, Jed Repko and Kara Sperry represent Thrasio.
Prosek Partners hires FTI Consulting vet David Roady to build and deepen its relationships in the corporate sector, particularly with chief communications officers and C-suite executives.
Kekst CNC handles Crestview Partners as the private equity firm acquires Tailwind Hospitality, operator of food, beverage and retail concessions in non-hub and regional airports, from Palladin Consumer Retail Partners.
FGS Global heads the list in Mergermarket’s ranking of the top PR advisors in M&A deals for 2025. Joele Frank, Brunswick Group follow.
Financial marketing is entering a new era where brands must move beyond mere storytelling and increasingly demonstrate to audiences that they’re prepared for change.
The Walt Disney Company is bringing on Benjamin Swinburne as EVP of investor relations and corporate strategy.
