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Week's News

Wells Fargo announced that Jon Weiss, Co-CEO of Corporate & Investment Banking (CIB), has informed the company of his intention to retire. Weiss, who has been with Wells Fargo for nearly 20 years, will step down as Co-CEO effective immediately and... Read Story

January 31, 2025 @ 08:17 AM

ID.me, a market leading digital identity wallet, closed a $275 million credit facility provided by Ares Management funds ("Ares"). Ares also plans to make a substantial equity investment in ID.me. Proceeds will fuel ID.me's continued acceleration, as... Read Story

Filed Under: Technology
January 31, 2025 @ 08:15 AM

Runway Growth Capital and BC Partners Credit announced that they, along with Mount Logan Capital, a Canadian alternative asset management company internally managed by employees of BC Partners Credit, closed a transaction whereby private investment... Read Story

Filed Under: Industry News
January 31, 2025 @ 08:10 AM

Boldyn Networks US successfully completed its approximately $1.2 billion debt financing, consisting of Senior Secured Credit Facilities and Fixed Rate Notes, to accelerate its capital investment to grow and expand its footprint throughout the US... Read Story

Filed Under: Technology
January 31, 2025 @ 08:02 AM

King Trade Capital landed a $5MM purchase order finance solution for an aerospace company in support of their $15 million Air Force contract. The aerospace company approached King Trade Capital seeking a swift funding solution to make timely cash... Read Story

Filed Under: Aerospace
January 31, 2025 @ 08:01 AM

Hilco Global announced two key business development appointments. Kyle Murphy has been named Head of Financial Sponsor Coverage & Managing Director for Hilco Global Advisors, and Kate Madine joins as Senior Vice President, Northeast Region for Hilco... Read Story

January 31, 2025 @ 08:00 AM

CoreVision Strategies has extended its banking expertise with the addition of Derek A. Holley as Managing Director. Holley is a Certified Public Accountant with nearly 40 years of combined experience in public accounting, middle market banking and... Read Story

January 31, 2025 @ 07:14 AM

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Aligned Exteriors Group’s (“AEG”) acquisition of Home Pro Roofing, an existing portfolio company created by River Sea Network... Read Story

Filed Under: Construction
January 31, 2025 @ 06:00 AM

Private equity firms are heading into 2025 with increasing momentum, bolstered by favorable economic trends and renewed confidence in deal-making, according to BluWave’s Q4 2024 PE Industry Insights Report. This report offers data-driven analysis of... Read Story

Filed Under: Private Equity
January 30, 2025 @ 08:15 AM

Encina Private Credit (“EPC”) bolstered the size of the team with key hires during 2024, enabling the business to deliver strong new business volume growth of 74% in its first out enterprise value loan product, compared to 2023. Encina continued to... Read Story

Filed Under: Private Credit
January 30, 2025 @ 08:14 AM