Crestmark Closes More Than $7MM in H1/May
Crestmark secured a total of $7.065 million in financial solutions for six new clients in the first half of May.
May 20, 2015
Crestmark
Rita Garwood
Franklin Square Announces iSqFt Loan
Franklin Square Capital Partners announced the origination of a senior secured term loan to Blueprint Sub dba iSqFt.
May 20, 2015
Allied Provides $2.5MM to IT Company
Allied Affiliated Funding provided $2.5 million growth capital to an information technology company.
May 20, 2015
Intrepid Advises PreSonus on Debt Capital Raise
Intrepid Investment Bankers served as exclusive financial adviser to PreSonus Audio Electronics on its debt capital raise, led by Presidential Financial.
May 20, 2015
FirstMerit Receives Presidential Award for Export Service
U.S. Secretary of Commerce Penny Pritzker presented FirstMerit Bank with the President’s E Award for Export Service.
May 20, 2015
ABL Deal Chart 2015 Q2
Notable Transactions Data gathered from direct sources, news releases and other public information (2015/03/01-2015/06/30) Dollar amounts in millions Note: Click Column Headings to Activate Sorting Options.
April 3, 2015
When Restructuring Reveals Fraud… MainStream Management Uncovers Ponzi Scheme
When MainStream Management’s Jim Burritt and his colleagues entered GLC Limited’s warehouse, they were stunned to find a rodent-infested mish-mash of food items, chipped pottery and clothing, instead of the appliances they expected. After investigating GLC Limited’s business practices and inventory, MainStream ultimately revealed a Ponzi scheme that had bilked investors out of millions of dollars.
November 8, 2012
With Fewer Opportunities and Lower Utilization — What Comes Next in Restructuring?
Ongoing sluggish economic growth and high levels of corporate debt created an expectation that post-recession restructuring activity would continue at a reasonable pace. However, as measured by U.S. bankruptcies, the trend seems to have reversed. AlixPartners’ Thomas Osmun and Joseph Mazzotti examine where the bankruptcies have gone, activities that have taken their place and what it means for the restructuring industry.
November 8, 2012
2012 ABL Volume Drops; 2013 Dealflow … ‘Questionable’
Asset-based lenders have found deal opportunities rather slim so far this year, with Q1/12-Q3/12 ABL volume dropping 45% over year-ago levels. Where dealflow will come from for the rest of the year and into 2013 is questionable, as the refinancing cliff has been pushed out to 2017, leading most lenders to dismiss hopes for a meaningful pipeline in 2013 absent a pickup in M&A.
November 8, 2012
2013 … Where Do We Go From Here? Finding Opportunities for a Profitable New Year
Despite ongoing economic concern throughout the U.S., Robert Katz and Marc Levee offer their thoughts on identifying opportunities to make 2013 profitable and prosperous. No question times might be tough, but your level of creativity will be one of the biggest differences between a mediocre or dazzling new year.
November 8, 2012