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Consolidated Glass Holdings Files for Bankruptcy
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Truckers owed hundreds of thousands after glass fabricator, affiliates file bankruptcy
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February 9, 2021
J.E. Berkowitz’ 253,000-square-foot manufacturing facility in Pedricktown, New Jersey.
Glass Magazine has confirmed that Consolidated Glass Holdings Inc. paused operations and furloughed employees this week at Pedricktown, New Jersey-based J.E. Berkowitz. The fabricator has 200 employees. CGH also plans to close Columbia Commercial Building Products, a glass and glazing fabricator in Rockwall, Texas, with about 60 employees.
In its first official statement about the news, released Feb. 5, company leadership said the ongoing COVID-19 pandemic led to the current stoppage at J.E. Berkowitz. “The delays that initially came with the onset of COVID-19 took a significant toll,” CGH officials said. “Furthermore, disruptions to the workforce as a result of the pandemic were substantial, leading CGH to decide to suspend manufacturing operations at JEB.”
Investment Banking and Capital Markets Veterans Join to Form Boutique Debt Advisory Platform, Hudson Avenue Partners
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DETROIT, Jan. 28, 2021 /PRNewswire/
Hudson Avenue Partners, a Detroit and New York-based advisory firm specializing in designing, structuring and raising debt and equity capital facilities within the middle market, has announced its official launch.
Founded by seasoned investment banking and capital markets professionals Ryan Deegan and Kelly Stotler, Hudson Avenue Partners focuses on placement engagements requiring committed capital of $25 million to over $250 million in support of acquisition, refinancing and recapitalization transactions across various industry sectors.
Hudson Avenue Partners Ryan Deegan (L) and Kelly Stotler (R).
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Hudson Avenue Partners Launches Boutique Debt Advisory Platform
January 22, 2021, 08:30 AM
Hudson Avenue Partners, a Detroit and New York-based advisory firm specializing in designing, structuring and raising debt and equity capital facilities within the middle market, announced its official launch.
Founded by seasoned investment banking and capital markets professionals Ryan Deegan and Kelly Stotler, Hudson Avenue Partners focuses on placement engagements requiring committed capital of $25 million to over $250 million in support of acquisition, refinancing and recapitalization transactions across various industry sectors.
Mr. Deegan, formerly the head of Cowenâs Debt Advisory Group, and Mr. Stotler who recently led private equity-focused private credit efforts for Capitala Group and Czech Asset Management, have collectively raised and invested over $30 billion of debt
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