💥New Chapter 11 Bankruptcy - Vyaire Medical Inc.💥
Medical device manufacturer files with RSA to sell the business.
Not so much.
On June 9, 2024, Illinois-based Vyaire Medical Inc. (“Vyaire”) and 27 affiliates (collectively, the “debtors”) filed chapter 11 bankruptcy cases in the District of Delaware (Judge Shannon) — a little over (i) six months after that ⬆️ ill-fated Insta post, (ii) six years after sponsor Apax Partners (“Apax”) acquired the entirety* of the debt…