News

Pinnacle Financial Partners and Synovus Financial announced the anticipated membership of the board of directors of the combined company resulting from their proposed combination, to be named Pinnacle Financial Partners. The combined company board will include eight directors from Pinnacle...

Republic Business Credit provided a $1 million factoring facility to a national beverage accessory manufacturer. Republic’s traditional factoring product and credit protection services will support the company’s retail store expansion while protecting the manufacturer from credit risk. Republic refinanced the...

Global law firm Greenberg Traurig has continued the expansion of its private equity practice with the addition of Francesco Castaldi and Robert Graham as shareholders in its Chicago office. Castaldi joins the firm from Kirkland & Ellis. Graham joins the...

Global law firm Clifford Chance has hired counsel Heather L. Feingold to join its Washington, D.C. office, further expanding its energy regulatory and markets practice in the United States. Arriving from Day Pitney, Feingold brings more than 20 years of...

The U.S. middle market navigated a shortened trading week dominated by the Thanksgiving holiday and continued uncertainty regarding the future path of Federal Reserve policy. The release of long-delayed September economic data did little to resolve the ambiguity, as mixed...

Eclipse Business Capital (EBC) upsized its primary asset-based lending facility to $2.355 billion. The upsize, agented by Wells Fargo and backed by a syndicate of premier banks, aligns with the firm’s outlook for continued growth. “This expanded facility underscores the...

Iron Horse Credit (IHC), a commercial finance company, closed a $4.9 million inventory line of credit to a technology company in advanced manufacturing addressing rare earth material challenges and related customized solutions, including polymer materials and production. “Our facility enabled...

Celtic Capital provided a $2 million accounts receivable line of credit to meet the needs of a Pacific-based third-party logistics provider specializing in omnichannel fulfillment, warehouse management and value-added services for premium retail, e-commerce and wholesale brands. This company, which...

Katten added Alexander Volsky to its private credit practice as a partner in Dallas. “We are delighted to welcome Alex. His proven track record of advising clients across the private credit and alternative lending markets will be beneficial to our...

Cornerstone Financing, creator of CHEIFS (Cornerstone Home Equity Insurance/Investment Funding Solutions), secured a strategic asset purchase commitment of up to $1 billion from funds managed by affiliates of Fortress Investment Group. This agreement accelerates Cornerstone’s mission to help mass-affluent homeowners...