Transaction Announcement
GLC Advisors & Co., LLC served as the exclusive financial advisor to the Ad Hoc Committee of Convertible Noteholders (“AHC”) in Invacare’s Chapter 11 restructuring. GLC worked closely with Invacare’s management team and advisors to structure a transaction that reduced the Company’s debt by over $200 million and positioned the business for long-term success. Additionally, the AHC backstopped a $75 million equity rights offering to support the business’ operations. Congratulations to all parties involved in the Company’s emergence from Chapter 11 and a successful transaction!
GLC’s transaction team included Soren Reynertson, Abe Han, Alex Geier, Tim Hagamen, Harper Wathen, Anuj Patel, and Alonso Flores-Noel.
To learn more, please visit our website: www.glca.com
GLC Healthcare Coverage Overview
GLC brings a distinctive and dedicated approach to coverage of the Healthcare sector. Our professionals have advised on a range of complex transactions including M&A, debt financing and restructuring & recapitalizations, and our institutional knowledge spans the full spectrum of sub sectors in this constantly evolving industry.
Our clients include corporations, creditors, entrepreneurs, and financial sponsors.
Deal Team
Abe Han
Managing Director / NYC
Alex Geier
Managing Director / NYC
Tim Hagamen – PENDING
Director
Harper Wathen – PENDING
Director
Anuj Patel – PENDING
Analyst
Alonso Flores-Noel – PENDING
Analyst