Cervano Capital officially announced its formation as an independent sponsor. Cervano focuses on investments in the lower middle market across business services, industrial, technology, and consumer sectors. The firm aims to partner with founder-led...
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December 18, 2024 @ 08:06 AM
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Siena Lending Group announced that after highly distinguished careers within the commercial finance industry, Chief Executive Officer (CEO) Dave Grende and Chief Risk Officer (CRO) Steven Sanicola will retire effective February 16, 2025. Both Grende...
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December 18, 2024 @ 08:03 AM
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Horizon Technology Finance, an affiliate of Monroe Capital, provided a $10 million venture loan facility to OneNetwork, Inc. dba Finexio, of which $5 million has been initially funded.Finexio, a leader in the B2B payments industry, delivers “Accounts...
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December 18, 2024 @ 08:00 AM
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Rosenthal & Rosenthal announced that Dan Chang has joined Rosenthal as Senior Business Development Officer. With 18 years of experience in commercial finance, Chang joins Rosenthal’s West Coast team and will help with the firm’s continued expansion...
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December 18, 2024 @ 08:00 AM
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The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP (“RSM”) in partnership with the U.S. Chamber of Commerce, increased to 131.8 in the fourth quarter from 130.4 in the prior period on a seasonally adjusted basis. The MMBI survey...
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December 18, 2024 @ 07:50 AM
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Summit Broadband, a leading fiber-optics telecommunications provider in Florida, announced the successful closing of an incremental $100 million debt facility and term expansion with Brookfield Asset Management ("Brookfield").Backed by financial...
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December 18, 2024 @ 07:36 AM
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BHI and Bank Hapoalim are partnering on a loan which will provide $25 million in financing to BrightNight, a renewable power company designed to provide utility and commercial and industrial customers with clean, dispatchable renewable power...
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December 18, 2024 @ 07:09 AM
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MidOcean Partners, a New York-based alternative asset manager specializing in middle-market private equity, alternative credit, and structured capital, announced the successful final close of MidOcean CLO Equity Fund I (the “Fund”) with $304 million...
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December 18, 2024 @ 06:23 AM
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Alvarez & Marsal (A&M) announced the appointment of Kyle Lemmon as a Managing Director within its Private Equity Performance Improvement (PEPI) group focused on the firm’s Transformation Services offering. Lemmon, who specializes in helping clients...
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December 18, 2024 @ 06:00 AM
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Gordon Brothers provided Toys"R"Us Canada Ltd. C$120 million in financing consisting of a C$100 million first-lien revolving credit facility and a C$20 million first-in, last-out term loan to support ongoing borrowing needs. Additionally, as an...
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December 17, 2024 @ 08:12 AM
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