• Siemens AG has acquired HearUSA

    Global electronics and industrial conglomerate Siemens AG (FWB: SIE) has acquired leading US hearing aid retailer HearUSA (NYSE: EAR). Sonenshine Partners served as exclusive financial advisor to HearUSA.

    Value:
    $135,000,000
    Sector:
    Service:
    Restructuring
  • Philadelphia Media Holdings has completed its Chapter 11 bankruptcy process

    Philadelphia Media Holdings has completed its Chapter 11 bankruptcy process. Sonenshine Partners served as financial advisor to the debtors of Philadelphia Media Holdings.

    Value:
    $139,000,000
    Sector:
    Service:
    Restructuring
  • Lucent Technologies has acquired assets of Riverstone Networks

    Global telecommunications equipment provider Lucent Technologies (NYSE: LU) has acquired the assets of Riverstone Networks (NASD: RSTNE), a provider of carrier-class Ethernet routers. Sonenshine Partners served as exclusive financial advisor to Riverstone Networks.

    Value:
    $207,000,000
    Sector:
    Service:
    Restructuring
  • Whole Health Management has completed its recapitalization

    On-site health clinic provider Whole Health Management has completed a recapitalization. Sonenshine Partners served as exclusive financial advisor to Whole Health Management.

    Value:
    Undisclosed
    Sector:
    Service:
    Restructuring
  • StorageNetworks has announced a special cash distribution

    Data storage services provider StorageNetworks (NASD: STOR) has announced a special cash distribution to shareholders in connection with its plan of liquidation. Sonenshine Partners served as exclusive financial advisor to StorageNetworks.

    Value:
    $201,000,000
    Sector:
    Service:
    Restructuring