Waud Capital’s ProNerve Acquires PhysIOM
Waud Capital Partners announced that its portfolio company, ProNerve, has acquired PhysIOM Group, a provider of intraoperative neuromonitoring services in the western and southeastern United States.
Waud Capital Partners announced that its portfolio company, ProNerve, has acquired PhysIOM Group, a provider of intraoperative neuromonitoring services in the western and southeastern United States.
Treasury Secretary Geithner said in a letter to senior lawmakers that the Treasury would shortly begin to undertake “extraordinary measures” authorized by law to postpone the date the U.S. would otherwise default on its legal obligations.
MISCOR Group entered into a new credit facility with PNC Bank, replacing its secured credit agreement with Wells Fargo Bank. The new facility includes a revolving line of credit and term loan.
Harris Williams advised Garretson Resolution Group in its recapitalization by Harvest Partners and Garretson management. Harris Williams served as the exclusive financial advisor.
Matrix Capital advised Getty Realty during the repositioning of its portfolio of properties previously leased to Getty Petroleum Marketing.
The Wall Street Journal reported that federal agencies are examining allegations that Regions Financial improperly classified loans that went bad during the financial crisis.
CapitalSource said its founder, John K. Delaney, has resigned as chairman and a member of the company’s board of directors and as a member of the CapitalSource Bank board of directors, to join the 113th Congress as a member of the U.S. House of Representatives.
Ixia, a provider of test and monitoring solutions, said Bank of America Merrill Lynch arranged a $150 million senior secured revolving credit facility.
NewPage successfully completed its financial restructuring and has officially emerged from Chapter 11. Goldman Sachs and J.P. Morgan Securities led the exit financing consisting of a term loan facility and revolver.
BMO Harris Bank’s Sponsor Finance group provided a $102 million credit facility to Fieldbrook Foods, serving as sole lead arranger, sole bookrunner and administrative agent.