TPx: Accelerating What’s Next
TPx Restructuring Plan Confirmed
On September 2, 2026, the U.S. Bankruptcy Court for the Southern District of Texas confirmed our Plan of Reorganization, marking one of the final milestones before we complete our restructuring and enter our next phase from a much stronger position.
Under the confirmed Plan, TPx expects to emerge from Chapter 11 with significantly less debt, a more sustainable capital structure and access to new capital. That means greater capacity to invest in the business, strengthen our capabilities and build on the EBITDA and free cash flow growth we’ve achieved in recent years.
Most importantly, this positions TPx to look ahead with greater confidence and flexibility. We are focused on the opportunities in front of us: growing the business, expanding what we can deliver and continuing to raise the bar for the managed services our customers depend on.
TPx remains fully operational today, and following required regulatory approvals and customary closing conditions, we expect to emerge ready to move the business forward.
“Now we can turn our full attention to the opportunities ahead: expanding the business, strengthening our capabilities and raising the bar for the managed services we deliver. We have clear direction and a lot to build on.”
Shaun Andrews, Chief Executive Officer
Operating as Usual
TPx remains laser-focused on delivering solutions that help our customers thrive.
Operating as usual with no impact to services, support, or day-to-day
Teams remain fully operational, delivering the excellent solutions and support our customers expect
Strengthening our business to deliver even better service and solutions
What’s Next
We are committed to keeping our stakeholders informed and will continue to share updates as additional information becomes available.
For additional information, visit the TPx Newsroom or Kroll Inc., the third-party claims and noticing agent supporting us during this process.
