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Mesirow, an independent, employee-owned financial services firm, has acquired Bastion Management, an asset-backed specialty finance lender. The acquisition closed on December 31, 2024.Founded in 2013 and based in Stamford, CT, Bastion is a private... Read Story

Filed Under: Industry News
January 07, 2025 @ 08:15 AM

Solifi, a global fintech software partner for secured finance, announced the appointment of Dan Corazzi as its new Chief Executive Officer, effective on 13th January 2025.  Solifi’s current CEO David Hamilton will transition into the role of Chairman... Read Story

January 07, 2025 @ 08:12 AM

Siena Lending Group announced an increase and extension to its senior credit facility with Wells Fargo Capital Finance to $850 million. The amendment also includes an accordion of $100 million. Siena is a leading independent asset-based lending... Read Story

Filed Under: Lender Finance
January 07, 2025 @ 08:10 AM

Ares Commercial Finance provided a $25 million senior secured revolving line of credit to Herschel Supply Co., a Vancouver-based distributor and retailer of bags and accessories. Proceeds from the financing will provide the Company additional... Read Story

Filed Under: Retail
January 07, 2025 @ 08:05 AM

Asset Compliant Solutions (ACS), announced the appointment of Leslie Skwara as Vice President of Finance. The appointment reflects ACS's commitment to building a strong operational foundation for continued innovation and growth.Skwara joins ACS with... Read Story

January 07, 2025 @ 08:00 AM

Rosenthal & Rosenthal completed a $4 million purchase ordering financing facility to support a U.S.-based global manufacturing company with a multi-faceted government contract.  The company, a global manufacturer and supplier of aerospace and defense... Read Story

Filed Under: Manufacturing
January 07, 2025 @ 07:58 AM

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support NationsBenefits’ acquisition of General Vision Services, an existing portfolio company of General Atlantic, The Pritzker... Read Story

Filed Under: Healthcare
January 07, 2025 @ 07:28 AM

Moritt Hock & Hamroff  announced that Brian Adelman and Jodi B. Zimmerman have been elevated to Partner, while Allison Arotsky, Julie R. DeLe?n and Ronald P. Perry, have all been elevated to Counsel, effective January 1, 2025.The firm further... Read Story

January 07, 2025 @ 07:00 AM

Legacy Corporate Lending closed a $19.4 million asset-based revolving line of credit for Olli Salumeria (“Olli”). The facility will be used to support the company’s growing operations and working capital needs. The deal, which is backed by accounts... Read Story

January 06, 2025 @ 08:15 AM

Gordon Brothers has sold the Laura Ashley® brand, archives and related intellectual property to Marquee Brands, the global brand accelerator.“This sale is a cornerstone moment for Gordon Brothers,” said Tobias Nanda, Head of Brands at Gordon Brothers... Read Story

Filed Under: Apparel
January 06, 2025 @ 08:12 AM