Reported 13 days ago
Vialto Partners, a tax and immigration services provider backed by Clayton Dubilier & Rice, has announced a debt restructuring deal that will provide $225 million in new equity and reduce approximately $700 million of its existing debt. The move comes after the company, which separated from PricewaterhouseCoopers two years ago, faced financial difficulties due to a cash crunch and high debt. The restructuring is set to close in early 2025.
Source: YAHOO