US Edition
Franchise Group Successfully Completes Financial Restructuring
- Franchise Group, Inc. completed its financial restructuring and emerged from Chapter 11 on June 6, 2025, in the United States.
- The restructuring followed the U.S. Bankruptcy Court for Delaware confirming the Plan of Reorganization on June 2, 2025, with key stakeholders’ support.
- The seven-month restructuring process decreased debt, boosted liquidity, streamlined the brand portfolio by phasing out American Freight and divesting The Vitamin Shoppe, and concentrated efforts on the core franchise operations.
- The company now has a deleveraged capital structure, supports over 200 new stores in backlog, and PSP and Buddy's Home Furnishings are owned by newly created Fusion Parent, LLC.
- Franchise Group’s streamlined operation under experienced leadership aims to strengthen franchise businesses and enhance growth prospects post-restructuring.
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Franchise Group Completes Financial Restructuring
Franchise Group, Inc. today announced that it has successfully completed its financial restructuring process and emerged from Chapter 11 as a streamlined company with a significantly deleveraged capital structure and enhanced liquidity. The Company’s Plan of Reorganization was confirmed by the U.S. Bankruptcy Court for the District of Delaware on June 2, 2025 with the support of its key stakeholders, including secured and unsecured creditors and…
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Total News Sources42
Leaning Left6Leaning Right5Center10Last UpdatedBias Distribution48% Center
Bias Distribution
- 48% of the sources are Center
48% Center
L 29%
C 48%
R 24%
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