Boston, MA – Capstone Partners, a leading middle market investment banking and financial advisory services firm, is proud to announce that its work on behalf of Beamable has been recognized by the Global M&A Network Atlas Turnaround Awards program in the Chapter 11 Restructuring category.
Beamable, a Boston-based gaming software company, was one of the first businesses in Massachusetts to take advantage of a 2021 change in the Bankruptcy Code that allowed smaller companies to reorganize under Chapter 11. Capstone Financial Advisory Services (FAS) Managing Director Jack Bradley led the engagement and accepted the award on behalf of the firm at the Atlas Turnaround Awards ceremony on July 21, 2022.
Beamable was pivoting to a new business model and needed to resolve some legacy obligations to establish a foundation for its future success. The new code provisions created the pathway they needed. The company’s successful reorganization under the revised code enabled Beamable to secure the venture capital investment needed to relaunch the business. We were honored to be part of that process on behalf of the company and to have our efforts recognized by our peers in the industry.
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Global M&A Network produces high-quality “Intelligence Forums” and the world’s most prestigious M&A, Turnaround, and female leadership “Atlas Awards.” For more information, visit www.globalmanetwork.com.
ABOUT CAPSTONE PARTNERS
For over 20 years, the firm has been a trusted advisor to leading middle market companies, offering a fully integrated range of investment banking and financial advisory services uniquely tailored to help owners, investors, and creditors through each stage of the company’s lifecycle. Capstone’s services include M&A advisory, debt and equity placement, corporate restructuring, special situations, valuation and fairness opinions and financial advisory services. Headquartered in Boston, the firm has 175+ professionals in multiple offices across the U.S. With 12 dedicated industry groups, Capstone delivers sector-specific expertise through large, cross-functional teams. Capstone is a subsidiary of Huntington Bancshares Incorporated (NASDAQ: HBAN). For more information, visit www.capstonepartners.com.
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