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SOLIC Capital Advisors Serves as Investment Banker to Village Roadshow Entertainment Group USA Inc. in Chapter 11 Proceedings and Announces Completion of Asset Sales 

January 20, 2026 by amalas

Chicago, IL – January 20, 2026 – SOLIC Capital Advisors served as investment banker to Village Roadshow Entertainment Group USA Inc. (“VREG”), a prominent film and entertainment company, in connection with its Chapter 11 proceedings in the United States Bankruptcy Court for the District of Delaware. 

VREG completed a sale of film library, derivative rights and studio business assets, to Alcon Media Group for an aggregate value of $440 million – $75 million more than the initial film library stalking horse bid.  The sale was executed by SOLIC and the Company’s other advisors through a Chapter 11 Section 363 sale process, in three separate value maximizing transactions, that resulted in a significant increase in proceeds to the Company. 

About SOLIC Capital Advisors 
SOLIC Capital Advisors (“SOLIC”) is a leading investment banking and financial advisory firm providing comprehensive capital solutions, including mergers and acquisitions, capital raising, liability management, restructuring, and valuation services. 

Filed Under: Announcements, SOLIC In the News Tagged With: Chapter 11, George Koutsonicolis, Investment Banking, Media and Entertainment, Reid Snellenbarger, Village Roadshow

SOLIC Serves as Investment Banker to Hooters in Successful Chapter 11 Sale and Restructuring 

January 12, 2026 by amalas

Chicago, IL – January 12, 2026 – SOLIC Capital Advisors served as investment banker to Hooters of America, LLC (“Hooters”), a leading casual dining restaurant franchisor and operator, in connection with its successful Chapter 11 sale and restructuring. 

On October 31, 2025, Hooters completed a court-approved Chapter 11 plan sale and restructuring implemented via a confirmed plan of reorganization.  The transaction, included a $85 million debtor-in-possession (“DIP”) financing facility, the acquisition of company owned stores by a buyer group comprised of two existing franchisees, the creation of a royalty collecting entity acquired by the secured lender and subset of securitized notes holders, and the issuance of new securitized notes in exchange for approximately $300 million of pre-petition Whole Business Securitization (“WBS”) notes. 

The transaction enabled Hooters to transition to an asset-light model, streamline corporate overhead, and preserve operations across 260+ global locations. 

SOLIC is proud to have served as investment banker to Hooters and its Board during this complex process.  

About SOLIC Capital Advisors 

SOLIC Capital Advisors is a leading investment banking and financial advisory firm specializing in complex restructurings, mergers and acquisitions, and capital markets transactions. SOLIC provides strategic and financial advice to companies, investors, and creditor groups across a wide range of industries. The firm is recognized for its deep expertise in special situations and its ability to deliver creative, value-maximizing solutions in challenging environments. For more information, visit www.soliccapital.com. 

Filed Under: Announcements, SOLIC In the News Tagged With: George Koutsonicolis, Hooters of America, Reid Snellenbarger, SOLIC

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