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Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, announced that Kevin McGuire, previously the Chief Information Officer (CIO), has been appointed as the new Chief Operating... Read Story

July 17, 2024 @ 08:03 AM

First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, provided a $40 million revolving credit facility to B&W Fiber Glass Inc., a distributor of fiber glass and manufacturer of... Read Story

Filed Under: Distribution
July 17, 2024 @ 08:00 AM

Gordon Brothers has expanded the firm’s leasing and lending teams.As part of this expansion, Elijah Kaplan, Managing Director, Lending, and Steve Sanders, Managing Director, Equipment Finance, Eastern Region, have recently joined Gordon Brothers to... Read Story

July 17, 2024 @ 07:58 AM

Utica Equipment Finance announced the completion of a transaction totaling $4,900,000 in the second week of July.  A $4,900,000 capital lease for a customer from California, focused on the development and manufacturing of electric vehicles. This... Read Story

Filed Under: Manufacturing
July 17, 2024 @ 07:45 AM

Client: Texas-based Lone Star Pipe Services, LLC, is a family-owned and operated business specializing in industrial coatings. They offer a wide range of services, including a range of coatings, pipe restoration, repairs and storage. A start-up... Read Story

Filed Under: Specialty Industries
July 17, 2024 @ 07:42 AM

About the Company: Founded in 1978, this client is a Texas-based mechanical contracting firm that offers equipment and services to bulk liquid storage terminals and the pipeline industry. The firm has also expanded its offerings to include products... Read Story

Filed Under: Real Estate
July 17, 2024 @ 07:40 AM

Plante Moran promoted the following 25 new partners and two affiliated entity members: Matthew Bohdan, risk and accounting advisory services, Southfield Eric Bowers, Plante Moran Financial Advisors, East Lansing Amanda Carrigan, risk and... Read Story

July 17, 2024 @ 07:36 AM

Alvarez & Marsal (A&M) announced the appointment of Managing Director Harry Kim within its rapidly growing Life Sciences (LS) group. Kim’s appointment follows on A&M's Life Science offering investments demonstrated by recent Managing Director hires... Read Story

July 17, 2024 @ 07:00 AM

Blue Owl Capital entered into a definitive agreement to acquire the business of alternative credit manager Atalaya Capital Management LP for $450 million. The acquisition is expected to close in the second half of 2024, subject to customary closing... Read Story

Filed Under: Industry News
July 16, 2024 @ 08:04 AM

BHI, the U.S division of Bank Hapoalim entered into an agreement with Lendbuzz—an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle—to upsize the existing $20 million facility announced in March... Read Story

Filed Under: FinTech
July 16, 2024 @ 08:03 AM