News

1st Source Bank’s board of directors promoted two senior leaders following recent succession changes at the bank and parent company, 1st Source. John Bedient will become chief operating officer and executive vice president with responsibility for information technology, Salesforce and...

Wells Fargo has named Tim Froehlich as head of investment products within its wealth and investment management (WIM) business, effective Jan. 1, 2026. Froehlich will succeed Patty Loepker, who, after more than 40 years of service, will retire on March 1, 2026. Froehlich will lead strategy...

Global law firm Clifford Chance has advised the underwriters in Redwood Trust’s $100 million offering of 9.500% senior notes due 2030. Partners Andrew Epstein and Om Pandya led the transaction along with associate Paul Lakkis. They were supported by associates...

Law firm Winston & Strawn represented Mosaic Capital Partners, a private equity firm focused on employee ownership transactions in the lower middle market, in the closing of its second small business investment company (SBIC) fund, which raised approximately $205 million...

Cascadia Capital, an independent investment bank serving middle market clients globally, acted as the exclusive financial advisor to Modes Corwik, a Canadian designer and marketer of branded and private-label women’s apparel, in receiving an investment from MASSiv Brands, a U.S.-based...

CohnReznick, a professional services firm, added Sebastien Cuvelier as transaction advisory services partner. As a strategic finance and M&A executive, Cuvelier has more than 25 years of global experience advising Fortune 1000 companies and private equity firms across industries including...

Legacy Corporate Lending, an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, provided a $31 million asset-based credit facility to Shapiro Metals, a family-owned, third-generation metals, aluminum scrap processor and aluminum...

ElmBlue Equipment Finance, a growing provider of commercial equipment financing solutions, secured a $125 million senior credit facility from Wells Fargo Bank. The new facility provides ElmBlue with additional lending capacity to support its nationwide growth and fund an expanding...

UbiQD, a global company in quantum dot technology, secured a $6 million debt financing agreement with Silicon Valley Bank (SVB), a division of First Citizens Bank,  to support the company’s continued growth. This capital will fund strategic infrastructure investments including...

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Surface Design Group by Milrose Consultants, an existing portfolio company of Southfield Capital. Headquartered in New York,...