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A new survey from Grant Thornton revealed a dramatic decline in optimism in the first quarter of 2025 from chief financial officers (CFOs).Grant Thornton’s first quarterly CFO survey of the year showed that just 47% of finance leaders are optimistic... Read Story

Filed Under: Economy
April 07, 2025 @ 08:15 AM

MidCap Business Credit completed a $30,000,000 million asset-based credit facility to Presrite Corporation. The Business was  established in 1971 and is headquartered in Cleveland, Ohio. Presrite  manufactures closed-die carbon and alloy steel... Read Story

Filed Under: Manufacturing
April 07, 2025 @ 08:10 AM

eCapital Corp. announced the appointment of Michael Conrad as Senior Vice President, Business Development Officer within its Asset-based Lending (ABL) Group. Operating out of Charlotte, North Carolina, Conrad brings over two decades of experience in... Read Story

April 07, 2025 @ 08:05 AM

First Citizens Bank's Sponsor Finance business provided a $22.5 million senior debt facility to help refinance and provide acquisition capacity for Standpoint Inc., a leading provider of management services and restoration services to homeowner... Read Story

Filed Under: Specialty Industries
April 07, 2025 @ 08:02 AM

Great Rock Capital closed a senior secured credit facility with National Railway Equipment Company (“NRE”). NRE, a portfolio company of TRM Equity (“TRM”), is a global provider of locomotive and marine products and services, servicing class 1’s... Read Story

Filed Under: Rail Transportation
April 07, 2025 @ 08:00 AM

Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support Wellspring Capital Management in their acquisition of Summit Spine & Joint Centers, a provider of minimally... Read Story

Filed Under: Healthcare
April 07, 2025 @ 07:46 AM

Dechert’s commercial real estate finance and commercial mortgage-backed securities teams have been at the forefront of the industry, structuring, originating and securitizing complex commercial financings across a broad range of asset classes... Read Story

Filed Under: Real Estate
April 07, 2025 @ 07:00 AM

Skylight, the company building the operating system for families, has secured a $50 million loan through an expanded partnership with SG Credit Partners and new partner Wingspire Capital. As a bootstrapped company that has achieved 99% year-over-year... Read Story

Filed Under: Technology
April 04, 2025 @ 08:11 AM

GoodPeak, a rapidly growing utility-scale battery energy storage and solar platform, closed construction credit facilities with Pathward and BridgePeak Energy Capital, enabling commencement of construction of its first two 10-MW (2-hour duration)... Read Story

Filed Under: Battery Storage
April 04, 2025 @ 08:10 AM

As 2025 opened, hope for a resurgent deal market had US middle-market private equity (PE) investors forecasting a brighter outlook for transactions. Yet while prospects may have improved compared to the recent multiyear slump — offering hope for... Read Story

Filed Under: Private Equity
April 04, 2025 @ 07:50 AM