Today’s News

Last Updated: Tuesday, November 25, 2014, 4:15 pm

Wells Fargo Expands Chicago Commercial Banking

Wells Fargo appointed Michael Bromfield to lead its new Commercial Banking office as part of an expansion in the Chicago suburbs set to happen over the next several years.

GE Antares, Citizens Lead One Rock’s Airxcel Investment

Yukon Partners announced its subordinated debt and equity investment in Airxcel. Senior financing for the transaction was led by GE Antares Capital and Citizens Financial Group.

Former Deloitte Principal Launches Capital Investment Firm

Edward Holdings announced its formation as a business consulting and capital investment firm serving clients throughout the U.S. and Canada.

Dorsey & Whitney Names M&A, Restructuring Partners

Dorsey & Whitney named new partners in the areas of M&A, finance & restructuring and capital markets, among other areas.

Sunshine Bancorp Appoints Valuations Expert to Board

Andrew Samuel, president, CEO and director of Sunshine Bancorp, and Sunshine State Bank, announced the appointment of William E. Pommerening to the board of directors.

Business Capital Secures Organic Food Company Credit Line

Business Capital structured and secured financing for the leading producer of organic baby food in Canada.

Alcentra Closes European Direct Lending Fund

Alcentra announced closing of the Alcentra European Direct Lending Fund with investor commitments totaling €850 million ($1,056 billion).

Serengeti Finances Lighting Science Investment

Lighting Science Group received $13 million in financing from Serengeti Asset Management.

Tiptree to Acquire Reliance First Capital

Tiptree Financial entered into an agreement with Reliance First Capital and Reliance equityholders to acquire all of the equity interests of Reliance for a combination of cash and Class A common stock of Tiptree.

Praesidian Provides First Lien Debt to Support HCA Buy

Praesidian Capital Europe announced it provided first lien debt to support the acquisition of Helideck Certification Agency by a group of private investors.

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