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Published on 4/10/2024 in the Prospect News Distressed Debt Daily.

Restoration Forest Products’ emerges from Chapter 11 with new owners

Chicago, April 10 – Restoration Forest Products Group, LLC confirmed the company has emerged from Chapter 11 in a press release on Wednesday.

The company touted a strengthened balance sheet and increased financial flexibility.

In connection with emergence, Invesco Senior Secured Management, Inc. has become new majority owner of the company in partnership with Lateral Investment Management.

Potter Anderson & Corroon LLP served as legal counsel, Intrepid Investment Bankers served as financial adviser, and Riveron Management Services served as chief restructuring officer to Restoration Forest Products.

The Bellemont, Ariz.-based sustainable forest products company filed Chapter 11 bankruptcy on Jan. 29 under case number 24-10120.


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