News

The Red Lobster restaurant chain exited from chapter 11 restructuring and completed its acquisition by RL Investor Holdings.

Zerto raised $33 million in equity financing, which will allow the company to draw up to $20 million in additional venture debt under an existing credit facility. Poalim Capital Markets joined the round as a new investor.

Ares Management, a global alternative investment manager, closed Ares U.S. Real Estate Opportunity Fund IV. Ares raised over $3.3 billion to invest in opportunistic real estate in the U.S. through equity commitments to the fund and related transaction vehicles.

Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp, hired Michael Schulze as a vice president and commercial banking officer based in Turlock, CA.

Guggenheim Securities served as financial advisor to Form Technologies, a global group of precision component manufacturers, in the company’s TSA which intends to eliminate $240 million of funded debt and extend the maturity of its revolving credit facility term loan.

Barclays has signed a new private cloud services deal, confirming HPE GreenLake Cloud by Hewlett Packard Enterprise (HPE) as a core pillar to Barclays’ hybrid cloud strategy. The new deal marks an extension of the initial cloud partnership the bank...

Hilco Global recently released Best Practices for Valuation, Assertion and Monetization of Technology Patent Assets, a report authored by Gillian McColgan of Hilco IP Merchant Banking discussing the process for properly assessing and valuing technology patents.

Alfa, a company in software for equipment finance, released Collaborative Ecosystem, the last of six pillars in Alfa Systems 6, an iteration of its SaaS platform.