Burnley Capital Launches as Middle Market Lending Platform

Finance industry veterans Daniel O’Rourke and James Cullen have partnered with Blackburn Investment Management to launch Burnley Capital.

Signature Bank Forms National Venture Banking Group

Signature Bank has formed a national Venture Banking Group to focus on serving venture capital firms and the portfolio companies in which they invest.

BHI Adds Two New Specialty Verticals in New Jersey

BHI added two new industry verticals – Food & Beverage and Specialty & Sponsor Finance – to its New Jersey Representative Office in response to a surge in business activity across these industries.

Thoma Bravo Acquires Majority Stake in Mailgun

Thoma Bravo, a software-focused private equity investment firm, has acquired a majority stake in Mailgun Technologies, a provider of email infrastructure software, from Turn/River Capital.

WhiteHorse Capital Funds SNH Acquisition and Merger

WhiteHorse Capital provided funding for SNH Capital Partners’ acquisition of Universal Background Screening, a provider of compliant and fully customizable background screening products and services, based in Phoenix, AZ, and merger with PeopleFacts, an SNH portfolio company.

BB&T Veteran to Oversee New FNB Loan Production Office in Philly

First National Bank will open a new regional loan production office in Philadelphia to facilitate additional business opportunities for the bank’s commercial and lending services in the southeastern portion of the state.

Utica Launches New Equipment Finance Firm Led by GE Capital Vet

Utica Leaseco formed an affiliate company, Utica Equipment Finance, which will offer equipment-based term loans and leases to companies throughout North America and will be led by co-founder Ed Stolarski as president of the new company.

Super G Capital Spins Out SG Credit Partners

Super G Capital spun out its cash flow, technology and special situations lending division to create a pure-play, lower middle market specialty finance company, SG Credit Partners.

U.S. Bank Launches ABL Securitization Lending Business

U.S. Bank launched a new asset backed securitization lending business, which will provide non-recourse commitments secured by consumer and commercial receivables.

Santander Launches Specialized Banking Group Led by Vaughan Alexanderson

Emily Vaughan Alexanderson was tapped to lead a new banking group within Santander Bank’s Commercial Banking division that will focus on the needs of clients in the non-profit and educational industries, among others.