SierraConstellation Partners

SCP Managing Director Timothy Bossidy spoke to Patrick Fitzgerald at Reorg about how changes to the Internal Revenue Code will shift the cannabis industry. Read the full article here: https://lnkd.in/gEQ3ab_t

SCP Managing Director Robert Riiska is speaking on a panel today at the Information Management Network (IMN)’s 4th Annual Distressed Forum for Bank Special Assets (West) in Dana Pt, CA,. Bob will be discussing Hot Topics in Special Assets alongside industry peers Paul D. Buie, Managing Director at Onyx Advisors, Anthony Callobre, Partner at Blank Rome, Joseph M. Welch, Partner at Blank Rome and Chris Rupp, Senior Vice President at US Bank. If you can't attend the conference and want more information about Bob's presentation, please contact SCP's Marketing Director Tammy Haines.

Exciting news for our very own Sean Corwen! We are thrilled to share that Sean, a Director out of New York here at SCP, has been honored as an Emerging Leader by The M&A Advisor as part of the organization’s 15th Annual Emerging Leaders Awards. This award recognizes outstanding young professionals under the age of 40 in the fields of M&A, corporate finance, and restructuring. Congratulations on this well-deserved accomplishment, Sean! We look forward to seeing your continued growth and success. For more info, read our press release: https://lnkd.in/gsYA_Bwb

We're kicking off the week with some exciting news! Carmine Bruno has been promoted to Associate. Since joining SCP, he has demonstrated exceptional people skills and taken on additional responsibilities on client engagements. Carmine is currently pursuing his Certified Turnaround Analyst certification, further showcasing his dedication and growth within our firm. Please join me in congratulating Carmine on his well-deserved promotion!

As we step into June, we proudly join the global celebration of Pride Month. This month is dedicated to honoring the LGBTQ+ community, recognizing their invaluable contributions, and advocating for equality and inclusion. Happy Pride Month! #PrideMonth #LGBTQ #Inclusion #Diversity #Equality 

Over the last few months, Larry Perkins, Jun Song and the SCP team have been working to save San Francisco’s beloved Anchor Brewing Company. We are now happy to announce that SCP has completed the Assignment for the Benefit of Creditors process and Anchor Brewing Company will live on under the leadership of Hamdi Ulukaya. Congratulations to all parties on this magnificent outcome. Jun Song shared a beautiful reflection below on the experience and how caring leads to success. 

We’re kicking off the week with some exciting news! SCP is thrilled to announce that Harrison Edelman, CFA has joined our team as a Director out of New York. Harrison brings with him 10 years of blended experience spanning corporate and investment banking, corporate finance, turnaround & restructuring, and product management. Welcome to the team, Harrison! We're excited to have you with us and look forward to achieving great things together! https://lnkd.in/g6M36txS

We are pleased to announce the successful debt refinancing of Meduri Farms, a leading global producer of dried fruit ingredients. SierraConstellation Partners Managing Director Philip Kaestle served as Chief Restructuring Officer, and Director Kevin Santos served as Interim Chief Financial Officer to Meduri Farms, overseeing the debt refinancing and setting the company up for sustainable growth and financial stability.   Congratulations to Phil, Kevin and the entire Meduri Farms team on a job well done! Read more about the project here: https://lnkd.in/gJRE2J9F

As we honor Asian American and Pacific Islander (AAPI) Heritage Month, we recognize the invaluable contributions of AAPI leaders through this year’s theme "Advancing Leaders Through Innovation." This month, let’s take the opportunity to celebrate AAPI leaders driving innovation and excellence in the finance industry, such as Dave Lu, founder of VC fund Hyphen Capital. Dave Lu’s mission is to support Asian American entrepreneurs who are bold enough to take the risk of forging their own path and building something new. Hyphen Capital is a community of successful Asian American founders and executives dedicated to providing early-stage funding to Asian American founders setting out to solve big problems. Together, we can continue to advance diversity, equity, and inclusion, creating a more vibrant and innovative financial landscape for all. #AAPIHeritageMonth #AdvancingLeaders #InnovationInFinance #DiversityAndInclusion

Our CEO and Founder Larry Perkins spoke to The Deal about the state of the aggregator industry in the context of Thrasio LLC’s recent Chapter 11 bankruptcy filing. While Larry views further bankruptcies as unlikely, there will be plenty of work for restructuring practitioners in the industry. “This model has to be refined and reset," said Larry. "Once business models that can make money and service debt have been established, I think investor interest will return.” Visit sierraconstellation.com to learn more about how Larry and the SCP team advise companies across industries, including those in e-commerce, and read Larry's comments in The Deal article here: https://lnkd.in/gbJTnFPX