Homewood Capital is a newly established investment firm based in New York and associated with The Yucaipa Companies. Founded by Douglas P. Teitelbaum, Homewood Capital focuses on investing in distressed companies and businesses within industries in transition.

With a proven track record and extensive experience, Mr. Teitelbaum has successfully turned around numerous out-of-favor companies like NextWave, Barneys New York, Telcove, and the Planet Hollywood Resort and Casino in Las Vegas. Homewood Capital's strategy involves acquiring businesses and implementing operational improvements in partnership with management to create value for investors.

As an investment firm, their goal is to identify opportunities in challenging market conditions and leverage their expertise to generate long-term returns. Led by Mr. Teitelbaum, who also serves as the Executive Chairman of NJOY, LLC, Homewood Capital is committed to delivering exceptional results and maximizing value for their investors.

For more information about Homewood Capital and their investment approach, visit their official website at homewoodcap. com