Algon Capital/Deal History

Deal History

500+ total transactions representing $18B+ in aggregate value — 13 tracked below spanning 2005–2021 · 6 industries

500+
Total Transactions
6
Industries
2005–2021
Years Active
Business Services1
Broadwing Corporation Restructuring and Sale2005
Strategic acquirer: Strategic Buyer

$900M telecom roll-up restructuring and sale. Reduced annual operating costs by $150M. Led by Jim Bannantine.

$900MSell SideCo Advisor
Energy & Utilities2
SolarReserve Loan Recovery Advisory2021
Acquired by: Senior Lender

International solar thermal developer. Advising senior lender on maximizing $90M+ loan recovery. International liquidation across US, South Africa, Chile, Australia.

$90M+OtherCo Advisor
BrightSource Energy Lender Advisory2020
Acquired by PE: Senior Lender

Solar thermal developer with $800M+ invested capital. Appointed Vice Chairman at senior lender's request. Debt restructuring and international M&A process.

$800M+OtherCo Advisor
Financial Services1
Hyperion Bank Restructuring and Capital Raise2015
Acquired by: Capital Providers

Vice Chairman role in management and financial restructuring. Raised $18.3M through Rights Offering and Common Stock Offering.

$18.3MOtherCo Advisor
Process Manufacturing1
Advanced Lighting Technologies Chapter 11 Equity Committee Advisory2012
Acquired by: Official Equity Committee

Advised Official Equity Committee in obtaining substantial recovery in $175M Chapter 11 bankruptcy.

$175MOtherCo Advisor
Real Estate7
One Bal Harbour Chapter 11 Section 363 Sale2018
Strategic acquirer: Section 363 Winning Bidder

CRO in confirmed Chapter 11 of condo/hotel project with $700M+ assets. Managed section 363 sale process to maximize creditor recovery.

$700M+Sell SideCo Advisor
Tradition Land Company Restructuring and Sale2016
Strategic acquirer: Mattamy Homes

8,200 acre master planned community in Port St. Lucie, FL. Nationwide M&A process; sold 3,028 acres to Mattamy Homes.

$27MSell SideCo Advisor
BRP Senior Living CCRC Acquisition in Chapter 112015
Strategic acquirer: BRP LLC

Advised developer/operator on contested Chapter 11 acquisition of 500+ bed Tampa area senior living facility.

$69MBuy SideCo Advisor
The Related Group Debt Restructuring2015
Acquired by: 40+ Financial Institutions

$2B+ consensual restructuring across 21 separate loans with 40+ institutions. Major real estate developer debt restructuring.

$2B+OtherCo Advisor
Bluegreen NYSE Divestiture2014
Strategic acquirer: Strategic Buyer

Developer/operator of timeshare resorts. Reviewed strategic alternatives and executed $29M sale of Bluegreen Communities.

$29MSell SideCo Advisor
Peninsula Papagayo Restructuring and Recapitalization2010
Acquired by: Charitable Foundation

Restructuring and recapitalization of the largest resort in Costa Rica, anchored by Four Seasons. Winner of M&A Advisor Refinancing Deal of the Year for $250M+ transactions.

$250M+RecapitalizationCo Advisor
Leisure Industries Mego Financial Chapter 11 Trustee Advisory2008
Acquired by: Chapter 11 Trustee

Advisor to Chapter 11/7 trustee for $185M publicly traded timeshare company. Negotiated substantial recovery for prepetition and DIP lender.

$185MOtherCo Advisor
Retail & E-Commerce1
IT'S Sugar Chapter 11 CRO2016
Acquired by: Creditors

CRO and Financial Advisor in Chapter 11 for 100-store candy retailer. Extensive lease negotiation and restructuring.

$50M+OtherCo Advisor