News

CIT Northbridge provided a $60 million asset-based revolver to Certified Origins. CIT Northbridge served as the sole lender on the transaction, and Arch & Beam was the advisor for Certified Origins. “CIT Northbridge’s understanding of our business and ability to...

JPalmer Collective (JPC), an asset-based lending firm committed to funding high-growth, women-led, and natural products companies, provided a $5 million working capital financing agreement with isima, a Latin-rooted, science-powered haircare brand founded by Shakira. The $5 million financing will fuel...

Santander Bank closed a $345 million asset-based revolving credit facility for WTEC, providing additional working capital to support the New Jersey-based manufacturer’s continued growth across the renewable energy, grid modernization, data center and AI infrastructure sectors. Santander’s commercial bank served...

Brookfield announced the final close of Oaktree’s Asset-Backed Finance Fund (ABF I) with $2 billion of commitments across the fund and related investment vehicles, meeting its fundraising target. The fund attracted a globally diversified base of institutional investors, including U.S....

Pemberton Asset Management, a European private credit manager, hired Dominic Courtman as managing director and head of its collateralized loan obligation (CLO) group. Courtman brings more than 30 years of experience across leveraged credit, portfolio management and corporate finance. Most...

The European Specialty Lending strategy of Crescent Capital Group, an alternative credit investment firm, provided unitranche financing in connection with the refinancing and recapitalization of Infravadis, a portfolio company of Oakley Capital. The financing also includes an acquisition facility to...

Key Wealth at KeyBank appointed Mike Keane as chief operating officer of Key Wealth, effective Oct. 1, 2026. Keane will report to Joe Skarda, head of Key Wealth, and will lead the integrated delivery of Key Wealth’s financial planning, investment,...

Civista Bancshares appointed Mark J. Sams as senior vice president and chief revenue officer.  Sams will serve on the executive leadership team of both Civista Bancshares and Civista Bank. Sams oversees Treasury management, wealth management, private banking, healthcare solutions and...

Mark Hardwick, CEO of First Merchants, will retire at the end of the year after 29 years with the bank. Mike Stewart, current president of First Merchants Bank, who has been with the bank for more than 18 years, will...

CohnReznick announced that Bryan DaCanal has joined the firm as a managing director in its Transaction Advisory Services practice. He is based in West Palm Beach, FL. DaCanal specializes in financial and operational due diligence and advises private equity sponsors,...