News

Middlefield Banc appointed Tim Oyster as vice president, Western Ohio commercial relationship manager. In this role, Oyster will focus on delivering strategic advice to business clients in the Western Ohio Region, helping them improve cash flow, finance key assets and...

Haynes Boone represented Fermi America, an energy company co-founded by former U.S. energy secretary Rick Perry and CEO Toby Neugebauer, in its initial public offering (IPO), which values the company at $13.8 billion. The offering raised $682.5 million through the...

Global law firm Winston & Strawn advised Revelstoke Capital Partners in its investment in Griffin Concierge Medical. The deal marks the tenth platform investment from Revelstoke Capital Partners Fund III. The Winston team included New York-based partners Justin Levy, Maria...

MidCap Financial Investment has amended and extended its senior secured, multi-currency, revolving credit facility. Lender commitments under the facility total $1.610 billion, a decrease of $50 million. The final maturity date under the facility was extended from Oct. 17, 2029,...

First Brands Group, a global supplier of aftermarket automotive parts, has received approvals from the United States Bankruptcy Court for the Southern District of Texas for its “first day” motions related to the Company’s Chapter 11 cases for its U.S....

First Business Bank’s asset-based lending team recently closed and funded $15 million revolving line of credit to fund the acquisition of a distributor of communications and payment systems through a corporate divestiture transaction. “We’re pleased to support our client's second...

JPalmer Collective (JPC), an asset-based lending firm dedicated to funding high-growth, women-led, and natural products companies, added Frank Nicoletta as head of underwriting. Nicoletta brings more than a decade of experience in asset-based lending (ABL), with deep expertise in underwriting,...

Alliance Entertainment, a distributor and omnichannel fulfillment partner to the entertainment and pop culture collectibles industry, closed a new $120 million senior secured revolving credit facility with Bank of America. The five-year facility replaces Alliance’s previous asset-based lending (ABL) facility...

Arra Finance, a subprime indirect auto finance company, finalized its acquisition of the auto finance division of Crescent Bank and increased its funding capital sources. Arra’s acquisition of Crescent Bank’s auto finance division closed on Sept. 15. The transaction also...

Pagaya Technologies, a global technology company delivering AI-driven product solutions for the financial ecosystem, has amended and expanded its existing revolving credit facility to $132 million, more than doubling the prior $58 million facility. The expanded facility significantly reduces Pagaya’s...