News

Blackstone Credit & Insurance (BXCI) launched SablePointe Credit Strategies, a new platform supporting origination, underwriting and portfolio management in asset-based lending. SablePointe hired James Garlick, former co‑founder of Wingspire, as president to lead its buildout and strategic growth. Headquartered in...

EverBank continued the growth of its lender finance group within the bank’s asset-backed finance division with the additions of Edward Chang, who joins as managing director, and Leslie Ramirez, who joins as associate. Chang joined EverBank earlier this year following...

CarParts.com entered into a $25 million revolving credit facility with First Business Bank. The credit facility matures in March 2028. “This credit facility, along with our already strong balance sheet, represents a significant milestone for the Company and underscores the...

TAB Bank closed an $8 million working capital facility for Optimum Foods, a veteran-owned small business with primary operations in Texas that provides and distributes shelf-stable meal solutions nationwide through parcel, less-than-truckload and full truckload shipping. The financing will support...

Nautilus Solar Energy, a large community solar businesses in the U.S., renewed its construction debt facility with a total commitment of $600 million. The transaction was backed by Nautilus’s lender base and will support the construction of approximately 200MW community...

Sallyport Commercial Finance funded a new $1 million accounts receivable financing facility for a rapidly growing consumer packaged goods (CPG) company experiencing significant expansion across national retail channels. As the company accelerated its presence with major retail customers, increased inventory...

Milestone Capital Partners, the holding company for Milestone Bank, a commercial specialty finance platform, closed its $11.5 million corporate note financing. Proceeds from the transaction will be used to support continued growth, including the funding of new originations, and to...

Global professional services firm Alvarez & Marsal (A&M) continues to grow and expand its global disputes and investigations services with the appointment of José Cortina as managing director in Mexico City. Cortina specializes in internal investigations, disputes, litigation support and...

Dykema, a national law firm, added Brent W. Procida as a member in the firm’s financial services litigation practice group, resident in the Washington, D.C., office. He joins Dykema after practicing at Venable for more than 20 years. Procida is...

Polsinelli added Christian Fabian to its Chicago office as a shareholder in its private equity mergers and acquisitions practice. “Middle-market M&A activity continues to present significant opportunities for companies and investors that are prepared to move decisively,” Chase Simmons, chairman...