Special Situations
Our team has extensive experience advising mid-market companies during periods of under-performance, distress, and insolvency. We help clients solve complex problems in challenging, time-sensitive environments, through senior-level attention, to ensure all strategic alternatives are quickly evaluated.
We develop tailored solutions for our clients and their key constituencies to maximize value in a timely and effective manner.
Our special situations team has a successful track record representing both debtors and creditors and offers a full range of advisory services including:
- Distressed M&A transactions including §363 sales, UCC Article 9 sales, federal and state receivership sales, and assignments for the benefit of creditors (ABCs)
- In-court and out-of-court reorganizations
- Debt and equity raises
- Strategic alternative and capital structure assessments
- Committee and board representation
We leverage our deep industry expertise and global distribution network to help clients efficiently develop, evaluate, and implement solutions that maximize long- and short-term stakeholder value.

Featured Transactions
Avante Health Solutions
has been sold pursuant to §363 of Chapter 11 of the United States Bankruptcy Code
Staple Street Capital
Honey Can Do
has been sold to
DeCoro Home
Asunosa Group
has acquired
Ceracasa
Oberweis
has been sold pursuant to §363 of Chapter 11 of the United States Bankruptcy Code
Hoffman Family of Companies
Nogin
Chapter 11 plan of reorganization of end-to-end eCommerce solution provider
B. Riley
Mohawk Fine Paper, Inc.
“has been sold pursuant to UCC Article 9 to”
Fedrigoni Group
Center for Autism & Related Disorders (CARD)
select assets have been sold to
New Story
Center for Autism & Related Disorders (CARD)
select assets have been sold to
Pantogran, LLC
Center for Autism & Related Disorders (CARD)
select assets have been sold to
Proud Moments
Cloudbilling
has been recapitalised by
Gissing North America
§363 sale of Tier I supplier of automotive nonwoven and thermoformed products to
Angstrom
Opengy
has raised funding for the development of renewable energy projects by
Santander
Millenia Products Group
has been sold to
Walker Stamping
Trekker Tractor, a division of Trekker Group
has been acquired by
EquipmentShare
Million Monkeys
has invested in
Ticketswap
Aztec Shaffer
has been sold pursuant to §363 of Chapter 11 of the United States Bankruptcy Code to
Arena Events Group plc, Summit Investment Management LLC, and certain affiliates of American General Life Insurance Company
Additional Insights
- BlogProperty Services: Residential HVACRThis piece focuses on the impact of the global pandemic on the residential Heating, Ventilation, Air Conditioning, and Refrigeration (HVACR) services sector and the current M&A environment with high Private Equity (PE) investor demand for both at-scale (i.e., platform) and sub-scale (i.e., add-on)...
- BlogAn interview with Matt Slavik, AssociateHow did you get your start at Livingstone? As I prepared to graduate from Mizzou, I looked at various boutique investment banks in Chicago because I knew this was the city I wanted to be in. Investment banking is unique because it’s like a boot camp in business and provides exposure and access to...
- BlogAn interview with Eric Suh, Associate DirectorHow did you get your start at Livingstone? I discovered Livingstone while networking for investment banking roles during business school. I don’t come from a traditional business school background; my degree is in Biology and I was an Accountant after college. Accounting was an amazing stepping...
- NewsLivingstone bolsters healthcare practice with key new hireLivingstone, the global middle-market investment bank, announced today that Eric Weldzius has joined the firm as a Director. He is based in Chicago and will bolster Livingstone’s growing healthcare practice. “We are delighted Eric has joined the firm to better serve our clients in this important...