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Week's News

Porter Capital extended a $15 million line of credit to a leading cold-rolled steel manufacturer. This partnership will provide the manufacturer with enhanced working capital to support its continued growth and operational expansion.With over 30... Read Story

Filed Under: Steel
September 26, 2024 @ 08:05 AM

TAB Bank closed a $4.5 million credit facility with The Fiesta Tableware Co. of West Virginia. This partnership will ensure the American-made tableware company continues helping home chefs refresh and reinvent their table settings. The Fiesta... Read Story

Filed Under: Consumer Products
September 26, 2024 @ 08:03 AM

Peapack-Gladstone Financial Corporation and Peapack Private, a division of Peapack-Gladstone Bank, announced that Vanessa Tortorice has joined Peapack Private’s New York City location as Senior Managing Director. Tortorice joins a team of... Read Story

September 26, 2024 @ 08:00 AM

Hartree Partners closed its core senior secured borrowing base revolving credit facility on September 4, 2024, totaling $4.1 billion.The $4.1 billion credit facility, which is comprised of a $2.05 billion two-year tranche and a $2.05 billion... Read Story

Filed Under: Commodities
September 26, 2024 @ 07:58 AM

Bloomberg reported that Blue Owl Capital led a $3.2 billion private debt financing supporting Blackstone and Vista Equity Partners’ buyout of software firm Smartsheet Inc., with 20 other lenders participating.Read the full news story on Bloomberg... Read Story

Filed Under: Private Equity
September 26, 2024 @ 07:50 AM

KKR released “An Alternative Perspective: Past, Present, and Future,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).In the report, McVey and his team chart the evolution of the... Read Story

Filed Under: Private Equity
September 26, 2024 @ 07:47 AM

Dolfin, a financial technology firm, announced $30 million in tenant improvement and equipment financing for Advanced Radiotherapy Technologies (ART Health) to support the build-out and acquisition of life-saving equipment for their new radiotherapy... Read Story

Filed Under: Real Estate
September 26, 2024 @ 07:10 AM

Clifford Chance has advised Viking Global Investors, a global investment firm based in the United States, in acquiring a significant minority stake in Humaneva Inc., a spin-off of NEUCA S.A. Viking has also been granted a one-year option to increase... Read Story

Filed Under: Healthcare
September 26, 2024 @ 07:00 AM

KKR announced the final closing of KKR Ascendant Fund SCSP, a $4.6 billion fund dedicated to investing in middle market businesses in North America. Launched in 2022 as part of KKR’s Americas Private Equity platform, Ascendant is the first KKR... Read Story

Filed Under: Private Equity
September 25, 2024 @ 08:15 AM

Crown Partners announced that it served as exclusive financial advisor to a sponsor-backed distributor for a wide range of home services products (the “Company”).  In connection with this mandate, Crown arranged a new $75 million ABL revolver for the... Read Story

September 25, 2024 @ 08:06 AM