News

Webster Financial, the holding company for Webster Bank, signed a definitive agreement under which Banco Santander will acquire Webster in a cash-and-stock transaction. Under the terms of the agreement, Webster stockholders will receive $48.75 in cash and 2.0548 Santander American...

MidCap Financial, a commercial finance company focused on middle market transactions, provided a senior secured credit facility to Agile Occupational Medicine, jointly owned by affiliates of Angeles Equity Partners and Kain Capital. The credit facility consists of a revolver with...

Carbon Health Technologies, a technology-enabled healthcare provider, has reached an agreement with its existing lenders on the terms of a comprehensive restructuring that establishes a clear path to recapitalization and new ownership. The agreement provides for a dual-track, court-supervised process...

Aequum Capital Financial, an asset-based and private credit lender, promoted Eric Weisheit and Geno Ruggles to partner, effective immediately. These promotions recognize Weisheit’s and Ruggles’ leadership, deal execution and long-standing contributions to Aequum’s growth, culture and investment performance. “Eric and...

TradeCap Partners recently provided a $9.2 million production PO finance facility for a ready-to-eat food manufacturer. TradeCap was originally introduced to the company’s banker, who was helping the company find an incremental capital solution since the bank wasn’t able to...

Trinity Capital, an international alternative asset manager, committed £25 million in growth capital to Motorway, an online used-car marketplace in the UK. “Motorway is redefining the way cars are sold in the UK by putting simplicity, speed and value at...

Western Alliance Bank added Ian Hawk as New York market manager for the note finance group, expanding the bank’s presence in a competitive private credit hub. In this role, Hawk provides Western Alliance Bank’s differentiated leverage solutions to New York-based...

Salem Five Bank, a full-service financial services organization, provided a senior secured credit facility to Guardian Propane Partners, the propane distribution platform of Inyarek Partners, a Boston-based investment firm specializing in supporting companies in the energy and industrial sectors through...

Crestone Air Partners, an aviation asset management platform, announced that Willow Wealth has joined Blue Crest Aviation Partners in connection with an initial commercial aviation investment. Blue Crest Aviation Partners is a joint venture between Crestone Air Partners and funds...

KBRA formed a global team dedicated to the continued growth of its private credit direct lending feeder note, collateralized loan obligation (CLO) and credit facility ratings. Eric Neglia has been appointed global head of KBRA’s newly established corporate portfolio finance...