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The first installment of our new predictive index shows that dealmakers expect overall M&A to increase, with health care outperforming the overall market READ MORE 

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ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld

Watercooler

GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market

Roundtable

Financial Services Companies Heat Up M&A Market
Speakers from Flexpoint Ford, Genstar Capital, Baird Capital, Madison Capital Funding and Katten Muchin Rosenman discuss the various factors playing a role in M&A activity within the financial services space

Expert's Corner

Pursuing Pharma Manufacturing
The fragmented pharmaceutical manufacturing industry provides plenty of opportunities for private equity investors, says JLL Partners founder Paul Levy

Today's Transactions:
PE-Backed Golden Guernsey Dairy Files For Ch. 7 Liquidation

The dairy-product maker will liquidate its assets

Private equity owned Golden Guernsey Dairy LLC has filed for Chapter 7 bankruptcy and will liquidate its assets.

The Waukesha, Wisc.-based company makes cheese, butter and other dairy ingredients. The bankruptcy comes after the Waukesha facility was closed on Jan. 5. 

OpenGate Capital LLC, a Los Angeles-based private equity firm, bought the dairy-processing plant from Dean Foods Co. (NYSE: DF) in September 2011.

Golden Guernsey filed for bankruptcy in the U.S. Bankruptcy Court for the District of Delaware in Wilmington on Jan. 9, listing assets and liabilities between $10 million and $50 million on its petition. The Chapter 7 filing means the company will go through a liquidation process to sell off its assets, instead of reorganizing in Chapter 11 bankruptcy.

Mark Desgrosseilliers of Womble Carlyle Sandridge & Rice LLP Is debtor counsel and couldn’t be immediately reached for comment.

 

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