News

Versant Funding funded a $5 million non-recourse factoring facility to a 90+ year-old company that provides services to major consumer brands. After acquisition by a private equity group, the client’s new management team implemented a turnaround plan which required additional...

SouthStar Capital closed a $500,000 accounts receivable financing facility for a telecommunications and low-voltage services provider supporting large national retail projects. SouthStar Capital provided a customized accounts receivable financing facility, unlocking liquidity tied up in approximately $500,000 in receivables and...

Beach Point CLO Management, an affiliate of Beach Point Capital Management, completed a reset of Sandstone Peak, Beach Point’s inaugural 2021 vintage collateralized loan obligation (CLO), increasing its size to $466 million. As part of the reset, the reinvestment period...

Ed Pyne has been named J.P. Morgan’s new head of syndicated finance for commercial banking. In his new role, Pyne will lead the syndicated finance team. He brings more than two decades of experience at the firm and most recently...

Effective April 1, Neil Riegelman, senior vice president and head of commercial banking – Milwaukee and Madison for Associated Bank, will also assume the role of Milwaukee market president. He succeeds John Utz, executive vice president, Milwaukee market president and...

Barnes & Thornburg (BT) welcomed partners Elizabeth Davis and Princess Fuller who further enhance and broaden the firm’s corporate department in various areas, including mergers and acquisitions, private equity, corporate governance and general business counseling. Based in Chicago, Davis focuses...

Cascadia Capital, an independent investment bank serving middle-market clients globally, added Michael Kahn as a director in its equity capital solutions group. Kahn works closely with co-heads Sim Ketchum and Peter Purcell to support the continued expansion of Cascadia’s platform...

Clear Mountain Bank has launched the Alkami digital banking platform for its retail and business customers and will further expand its partnership by implementing Alkami’s data and marketing solution. As a community bank, Clear Mountain Bank wanted to modernize its...

Patrick Brangle, Senior Vice President – Asset-Based Lending, First Business Specialty Finance, a subsidiary of First Business Bank First Business Bank welcomed Patrick Brangle as senior vice president – asset-based lending to First Business Specialty Finance, a subsidiary of First...

MidCap Financial, a commercial finance company focused on middle market transactions, provided a senior secured credit facility to Mejuri. The credit facility consists of a revolver with proceeds used to refinance Mejuri’s existing credit facility and provide liquidity to support...