Quasar Capital announced the addition of Rob Hydeman as President of Business Credit, a strategic leadership hire that marks a new chapter in Quasar Capital’s evolution as a premier provider of customized commercial finance solutions across the U.S. and Canada.Hydeman brings nearly 40 years of experience in commercial lending, investment banking, and business development. With deep roots in the DFW market and a reputation for transparency, trust, and integrity, Rob’s appointment signals Quasar
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April 01, 2025 @ 08:15 AM
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Hooters of America and certain of its affiliates has entered into a Restructuring Support Agreement (the “RSA”) with near unanimous support from its key stakeholders to effectuate a sale transaction that will facilitate the continued operation of the business under new ownership. Specifically, the Company has reached an agreement in principle with a highly experienced group of current franchisees (the “Buyer Group”) to acquire and operate certain Company-owned Hooters locations. The Buyer Group
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April 01, 2025 @ 08:12 AM
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Encina Private Credit has appointed Matt Giamalis as Senior Vice President, Originations, effective immediately. In this role, Giamalis will leverage his extensive experience in corporate finance and private credit to enhance the firm's origination of first out enterprise value loans across key industry sectors.Giamalis brings a robust background in leveraged lending, having previously held senior positions at Firmament, Capital One, and GE Capital. His expertise spans critical industries
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April 01, 2025 @ 08:10 AM
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A leading global manufacturer of child, toddler and infant safety products secured its first senior lending facility in the U.S. with an initial $10,000,000 factoring facility funded by Republic Business Credit. Republic was introduced by a strategy consultant in the Midwest who represents the portfolio company of a middle market private equity firm seeking to accelerate its growth in the U.S. retail market. The company and private equity sponsor chose a factoring facility instead of an
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April 01, 2025 @ 08:00 AM
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Imprint, the leading provider of modern co-branded credit cards, closed a $500 million warehouse facility led by Mizuho, Truist Bank, and HSBC. This facility brings Imprint’s total lending capacity to approximately $1 billion, enabling Imprint to increase lending to the iconic partner brands in its portfolio, as well as the numerous brand partnerships in the pipeline.Building off tremendous revenue, brand partner, and cardholder growth in 2024, this facility further strengthens Imprint’s balance
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April 01, 2025 @ 07:51 AM
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PlainsCapital Bank announced that Lisa Bowman has joined its Dallas lending team as Vice President, Commercial Loan Officer. “Lisa has a strong background in commercial lending and a real passion for helping businesses succeed,” said Brent Raindl, Chairman of the Dallas Region. “Her ability to grow relationships and navigate complex lending needs for clients makes her a great fit for PlainsCapital.” In her new role, Bowman will focus on building and managing relationships with commercial clients
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April 01, 2025 @ 07:42 AM
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Dechert announced the addition of Brian Whaley as a partner in its global finance group, further enhancing the firm’s offerings in private credit finance, securitization and structured and derivative products. Whaley will be based in the firm’s New York office.Whaley joins Dechert from an international law firm where he advised underwriters, issuers and investment managers on financings of private credit vehicles, collateralized loan obligation (CLO) transactions, as well as other various
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April 01, 2025 @ 07:15 AM
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The client, a global healthcare provider based in Houston, was founded in 1980. The company provides testing, wellness checkups, on-site evaluations, and services in various industries. The Situation: The client hit a rough patch in 2021 when the Biden Administration pulled out of Afghanistan, severing a contract that allocated a significant amount of the company’s overhead. Along with the contract loss, the owners did not adjust their bottom line appropriately, leading to continual losses in
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April 01, 2025 @ 07:00 AM
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Hoplon Capital, a financial services holding company, announced both the formation of Vistina Structured Credit, LLC and the completion of Vistina’s inaugural structured financing advisory mandate.Vistina is led by experienced structured finance professionals Robert Horowitz and Peter Forshee, both of whom were formerly senior bankers at Guggenheim Securities and who have extensive experience bringing first-time issuers and asset classes to the securitization market.Robert Arsov, Founder and
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March 31, 2025 @ 08:05 AM
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Wingspire Capital provided a revolving line of credit to a leading home textiles company that provides premium bedding, bath, and other soft goods that are sold through major department stores and retail partners. Proceeds from the senior secured financing helped facilitate a new capitalization to support the company’s working capital needs, fueling its growth and operational efforts. “We are pleased to provide capital that empowers a major home textiles company to focus on execution and pursue
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March 31, 2025 @ 08:00 AM
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Going-Out-of-Business sales are in progress at Forever 21, a leading fashion retailer of women's, men's, and children's apparel and accessories, following the US operating company F21 OpCo's recent bankruptcy filing. The liquidation sales are happening both in-store, at Forever 21's US locations, and online. Hilco Consumer-Retail is managing these sales in a joint venture with Gordon Brothers and SB360.Forever 21 is an iconic North American retailer that captured the hearts and minds of
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March 31, 2025 @ 07:55 AM
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MACCO Restructuring Group announced two significant additions to its team as it enters its sixth year of operation. Founder and CEO Drew McManigle welcomes Reece Fulgham as Managing Director on the West Coast and John Aschenbeck as Director in Houston, further solidifying the firm's commitment to delivering top-tier leadership and solutions to clients nationwide."I am delighted to have Reece Fulgham, a former colleague from my Los Angeles days, joins MACCO as a Managing Director," said McManigle
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March 31, 2025 @ 07:48 AM
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Churchill Asset Management, an investment-specialist of Nuveen, closed its third collateralized fund obligation, NPC SIP 2024-1 (the “Long Duration Bond” or “LDB”). The $750 million transaction is structured as a long-duration bond and invests across the flagship strategies of Churchill and Arcmont Asset Management Limited, the operating businesses of Nuveen Private Capital (“NPC”), including:
U.S.-based: Senior lending, Junior capital, Equity co-investment, Secondaries, and Private equity
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March 31, 2025 @ 07:45 AM
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STAR Funding announced that Bryan Maloney has joined the firm as Vice President. Maloney will contribute to business development efforts across STAR’s core offerings, including accounts receivable factoring and purchase order funding, helping companies improve cash flow and fuel growth through tailored financing solutions.With more than a decade of experience in international trade and working capital finance, Maloney has built a career supporting small and mid-sized businesses with receivables
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March 31, 2025 @ 07:30 AM
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TAB Bank closed a $13 million lender finance facility for Capital Foundry, a Pittsburgh-based specialty finance lender that provides a variety of debt and credit products as well as business consulting services to small businesses and middle-market companies. This addition to Capital Foundry resources will enable the firm to expand its lending capabilities and better serve businesses seeking financing to support growth and working capital needs.Capital Foundry offers non-dilutive credit and debt
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March 28, 2025 @ 08:15 AM
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