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C Street Advisory Group handles the Chapter 11 of Publishers Clearing House as the home of the iconic “prize patrol” sheds its direct mail and magazine businesses to focus on becoming a digital advertising-supported entertainment company.
CEO Andy Goldberg assured investors that sweepstakes will continue to be a cornerstone of the business as PCH upholds the more than 50-year legacy of the business.
PCH this week surprised a lucky winner with a $50K check and the prize patrol hit the road to award a $10K winner.
It has hired SSG Advisors to explore a variety of strategic options, including the sale of the business or a cash infusion by a financial partner.
Longacre Square Partners represents Ancora Holdings as it urges the board of Big Yellow Group to conduct a strategic review of the UK’s No. 1 self-storage company.
Kekst CNC handles Getty Images as it begins a prepackaged Chapter 11 reorganization and receives a commitment from Koch Equity Development and the Getty family to invest $533M in the visual content company.
As capital concentrates among established firms, emerging managers must find new ways to earn investor confidence.
Teneo handles True Food Kitchen as the Scottsdale, AZ-based wellness food restaurant chain that counts Oprah Winfrey as a minority investor files for Chapter 11.
FGS Global and Teneo represent Canada’s billionaire Weston family as its Wittington Investments holding company acquires Boots Group, the 177-year-old UK health & beauty retailer, from Sycamore Partners for $8.9B.
