Gordian Group President Peter Kaufman – Will More Companies File for Chapter 11 in the Near Future? | Yahoo! Finance

Today on Yahoo! Finance The coronavirus hit retailers hard, causing businesses to file for bankruptcy across the world. Peter Kaufman, Gordian Group President joins Yahoo Finance’s On The Move panel to weigh in on the differences between chapter 7 and chapter 11 bankruptcy. Peter discusses the new dynamics between lenders and borrowers and how to advantage shareholders.

 

On Demand Webinar: Peter Kaufman a Panelist on McDermott Will & Emery Distressed Healthcare Panel

Distressed Healthcare: Survival Tactics and Smart Investing During COVID-19 Gordian Group’s Peter Kaufman participated in McDermott, Will & Emery’s webinar to discuss survival tactics and smart investing during COVID-19. COVID-19 continues to wreak havoc on the global economy, and the healthcare industry has been tested and upended like never before. Covered During this Webinar What … Read more

The World Has Changed for Private Equity Firms

There is a whole new generation of private equity professionals who, heretofore, have known a business and economic environment where the living is easy: economic growth; artificially low interest rates; fawning lenders competing for their firm’s patronage and, relatedly, covenants that are incredibly generous. Things have changed fast and private equity firms need to pivot.

Houston Chronicle: Gordian Group’s Fred Zeidman and Peter Kaufman See Opportunity in Adversity

Naomi Snyder Contributor April 7, 2020 For many decades, people have called Houston’s “Mr. Fix It” when they have a problem. That man is Fred Zeidman, 73. He started his turnaround career inside the executive suite, having gotten a taste for trouble as chairman and CEO of Unibar Corp., a drilling fluids company he purchased … Read more

Today’s Veterinary Business – 2 Hospital Networks Find New Owners

TSG Consumer Partners will pay at least $2 billion for Pathway Vet Alliance, while VitalPet is saved from bankruptcy by Destination Pet. WRITTEN BY TODAY’S VETERINARY BUSINESS IN MARCH 2020 … In other news, Destination Pet, the owner of 28 pet services and veterinary care locations in 14 states and the District of Columbia, agreed to buy VitalPet for … Read more

Press Release: VitalPet Successfully Closes Sale to Destination Pet

VitalPet Successfully Closes Sale to Destination Pet Gordian Group as Investment Banker, The Claro Group as Financial Advisor Press Release Mar 30, 2020, 10:14 ET HOUSTON, March 30, 2020 /PRNewswire/ — Veterinary Care, Inc. (d/b/a “VitalPet”) announced today that it has successfully closed its sale to Destination Pet, LLC (“Destination Pet”) under section 363 of the bankruptcy … Read more

Will Limited Partners Have Limited Understanding?

Will Limited Partners Have Limited Understanding? Advising Private Equity Firms in This Crisis We are going through tumultuous, uncharted times.  Many Private Equity firms are being pressed to come up with a coherent battle plan with incomplete and constantly-changing information. With respect to immediately stressed portfolio companies, firms need to address a myriad of questions … Read more

Private Equity in the Time of Coronavirus

Private Equity in the Time of Coronavirus Advising Private Equity Firms in This Crisis The past couple of weeks have been game-changing.  The Coronavirus pandemic, the prospect of a full-blown recession and an earthquake in the capital markets have precipitated caused perfect storms for many Private Equity firms’ portfolio companies.  It’s a full-blown panic out … Read more

Texas Energy Companies Need Protection: Fred Zeidman Interview

Texas energy companies need to think protection as oil prices drop and uncertainty increases. For instance, they need to make decisions about their employees, cash flow and debt. And more broadly the continued viability and independence of their business. Our Chairman, Fred Zeidman, yesterday spoke with KPRC 2 and the Houston Chronicle.