Ares Management Corporation announced that funds managed by its Credit Group closed approximately $12.3 billion in U.S. direct lending commitments across 86 transactions during the third quarter of 2024 and approximately $44.5 billion in direct...
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November 04, 2024 @ 08:15 AM
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Northrim BanCorp announced the acquisition of Sallyport Commercial Finance in an all cash transaction that closed on October 31, 2024 and is valued at approximately $53.9 million. Sallyport Commercial Finance, LLC is a leading provider of factoring...
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November 04, 2024 @ 08:10 AM
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Robert Meyers, President of Republic Business Credit, was recently elected as President of the Secured Finance Network (SFNet), the essential resource for all organizations and professionals that deliver and enable secured finance to...
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November 04, 2024 @ 08:07 AM
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TGI Fridays, the owner and operator of 39 domestic restaurants in the TGI Friday's casual dining chain, filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the Northern District of Texas. The Company expects to use the time and...
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November 04, 2024 @ 08:06 AM
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CIBC Innovation Banking has appointed Paul McKinlay and Patrick Martin as Executive Managing Directors and Co-Heads, effective November 1, 2024, as Mark Usher retires from his position as President and Executive Managing Director.CIBC Innovation...
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November 04, 2024 @ 08:05 AM
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Ameris Bank promoted Brian Parks to the newly created role of head of Wholesale Banking, reporting to Ameris Bank President Lawton Bassett.Parks will be based in Atlanta and oversee Treasury Management, Industry Specialty Banking, Commercial Real...
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November 04, 2024 @ 07:55 AM
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eCapital announced the successful acquisition of Optimum Finance Ltd., a Bristol, U.K.-based leader in invoice financing. This acquisition represents a significant milestone in eCapital’s expansion roadmap and reinforces its leadership in the U.K....
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November 04, 2024 @ 07:19 AM
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Citizens M&A Advisory served as the exclusive financial advisor to Hi-Tek Data Holdings LLC., a premier managed service provider, on its recapitalization by Sea Pine Equity Partners, a lower middle-market private equity firm focused on the service...
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November 04, 2024 @ 07:00 AM
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Runway Growth Capital, a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, and BC Partners Credit, the $8 billion credit arm of BC Partners, an approximately $40 billion AUM...
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November 01, 2024 @ 08:15 AM
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Revlon Group Holdings provided additional details around the benefits of its recently upsized and enhanced credit facility. As previously announced on September 30th, Revlon Intermediate Holdings III LLC and certain of its subsidiaries entered into...
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November 01, 2024 @ 08:14 AM
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