CIBC US announced the promotions of Ron Kerdasha, Ramsey Naber and Susan Lanz within its Asset-based Lending (ABL) team. These promotions recognize their significant contributions and leadership abilities, reinforcing the bank’s commitment to helping...
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January 10, 2025 @ 08:15 AM
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ACON Investments and its affiliates (“ACON”) announced the acquisition of a controlling stake in True Religion, a lifestyle, apparel and accessories brand known for its quality craftsmanship, unique designs and premium stitching. Financial terms of...
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January 10, 2025 @ 08:12 AM
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Gordon Brothers has completed the purchase of Big Lots Inc. and facilitated the U.S. closeout retailer’s going concern sale, preserving the brand, keeping hundreds of stores in operation and preventing thousands of layoffs.The purchase enables the...
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January 10, 2025 @ 08:11 AM
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MONTICELLOAM, LLC (“MonticelloAM”), announced the closing of a $22 million senior secured working capital facility, complementing the firm’s recent $400 million bridge financing for 29 Southeastern skilled nursing facilities. The working capital...
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January 10, 2025 @ 08:10 AM
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SSG Capital Advisors served as the investment banker to Fluid Market, Inc., and its affiliates d/b/a Fluid Truck Inc. in the sale of substantially all assets to Kingbee Rentals, LLC (“Kingbee”). The sale was effectuated through a Chapter 11 Section...
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January 10, 2025 @ 08:00 AM
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Runway Growth Capital and BC Partners Credit, announced a $131 million financing commitment to VertexOne. BC Partners Credit is the $8 billion credit arm of BC Partners, an alternative investment firm with approximately $40 billion AUM. VertexOne has...
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January 10, 2025 @ 07:48 AM
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First Citizens Bank announced that its Healthcare Finance division has provided more than $30 million in financing to Stockdale Capital Partners for its acquisition of medical outpatient buildings in California and Texas.Headquartered in Los Angeles...
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January 10, 2025 @ 07:00 AM
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Andover Lending, a platform that seeks to originate non-recourse financing for self storage sponsors nationally, provided a $21 million construction loan to a joint venture between LaTerra Development and Platinum Storage. The loan will fund the...
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January 10, 2025 @ 07:00 AM
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Optimism about the dealmaking environment has reached a five-year high, according to Citizens’ 2025 M&A Outlook. The 14th annual survey of 400 leaders at U.S. middle-market companies and private equity firms revealed that 54% of decision-makers...
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January 09, 2025 @ 08:20 AM
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MidCap Business Credit completed a $6 million asset based credit facility with a manufacturer and distributor of air purifying respirators located in the Northeast. The ABL credit facility is supported by a working capital revolver and a machinery...
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January 09, 2025 @ 08:15 AM
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