An unknown buyer agreed to acquire Substantially All Assets of Avadim Health, Inc. for $70 million on May 31, 2021. The transaction is subject to third party approval and bankruptcy court approval. Larry G, Halperin, Joon P. Hong and Nicholas W. Whitney of Chapman and Cutler LLP are acting as legal advisor to Avadim Health. Carl Marks Advisory Group LLC acted as financial advisor and Laura Davis Jones and Timothy P. Cairns of Pachulski Stang Ziehl & Jones LLP are acting as legal advisor to Avadim Health. David Griffiths, Bryan Podzius, Gavin Westerman and Peter Feist of Weil Gotshal & Manges LLP are acting as legal advisors to buyer. SSG Advisors are acting as financial advisors for Avadim Health.