Avadim Health Exits Chapter 11 Following Successful Asset Sale

Aug. 17, 2021, 1:26 PM UTC

Avadim Health Exits Chapter 11 Following Successful Asset Sale, according to a press release.

Key excerpts:

  • Avadim Health, Inc., a healthcare and wellness provider, today announced it has completed the court-approved sale of substantially all its assets to a newly-created company owned by funds managed by Hayfin Capital Management following a Chapter 11 process.
  • Avadim Health sells assets to a newly-created company owned by funds advised by Hayfin Capital Management
  • Avadim Health, Inc. was advised by Carl Marks Advisory Group LLC, the law firm of Pachulski Stang Ziehl & Jones LLP, the law firm of Chapman and Cutler LLP and ...

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