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CUNY Futures in Finance

The City University of New York today announced the creation of CUNY Futures in Finance, a comprehensive workforce development initiative to cultivate and train CUNY students for careers in the financial industry. Established in partnership with financial firms Bloomberg LP, Centerbridge Partners and Goldman Sachs, the initiative […]

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Centerbridge Partners to Acquire IPS Corporation

IPS Corporation (“IPS” or the “Company”) today announced a definitive agreement for funds advised by Centerbridge Partners, L.P. (“Centerbridge”), a leading private investment firm, to acquire the Company from Cypress Performance Group, LLC (“Cypress”). George Moore and Dan St. Martin will continue to serve as Executive Chairman […]

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Culligan International Announces Acquisition by BDT Capital Partners from Advent International and Centerbridge Partners

Culligan International (“Culligan”), the innovative brand in consumer-focused and sustainable water solutions and services, today announced that BDT Capital Partners, LLC (“BDT”), a merchant bank that provides closely held businesses with long-term, differentiated capital, has entered into an agreement to acquire the company through its affiliated funds.

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Suntex Marinas Announces Recapitalization led by Centerbridge and Resilient Capital Partners

Suntex Marinas Investors LLC (“Suntex” or the “Company”), a leading owner and operator of marina properties, announced today a recapitalization of the Company led by funds affiliated with Centerbridge Partners, L.P. (“Centerbridge”), and funds affiliated with Resilient Capital Partners, LLC (“RCP”), alongside key management members.

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Lennar Announces $4 Billion Single Family Rental Platform with Centerbridge Partners as Lead Investor

Lennar Corporation (NYSE:LEN and LEN.B), one of the nation’s largest homebuilders, today announced the formation of the Upward America Venture. The business will initially be capitalized with a total equity commitment of $1.25 billion led by Centerbridge alongside Allianz Real Estate and other high quality institutional investors.

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Speedcast Announces Successful Completion of Restructuring and Emergence Under New Ownership by Centerbridge

Speedcast has successfully completed its restructuring process and today emerged from chapter 11 proceedings under the ownership of Centerbridge Partners, L.P. Following Centerbridge’s USD $500 million equity investment in the company, Speedcast now has a clean balance sheet with no secured debt and a healthy cash balance, […]

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