Raintree hires Chanin for recapitalization

Chicago, March 31 - Raintree Resorts International retained Chanin Capital to lead its recapitalization efforts.

Chanin Capital Partners is a boutique investment bank that specializes in financial restructurings and mergers and acquisitions advisory services.

"Our goal is to help create an improved capital structure so that Raintree is well-positioned to take advantage of the opportunities available in today's market for established vacation ownership companies," according to Mark Rubin, director at Chanin Capital Partners, in a news release.

Raintree is a hotel and resort chain based in Houston.

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