News

Emergent BioSolutions closed on a new credit facility agreement with OrbiMed for a new $150 million term loan. The proceeds from the new term loan were used to repay all amounts outstanding under the previous term loan facility agreement with...

Brookridge Funding closed $800,000 for an Ohio importer of metals, $750,000 for a Utah distributor of water monitoring systems, and $500,000 for a Florida seller of fire suppression items. The companies were referred to Brookridge by their factor and a...

First Horizon Bank added two new associates and promoted a current team member, further strengthening its banking capabilities in the Acadiana market. Eddie Buttross has been promoted to commercial banking group manager. A respected leader within First Horizon, Buttross will oversee...

Womble Bond Dickinson added Susan Duarte to its corporate and securities practice group as a partner in Washington, D.C. Duarte brings more than two decades of experience advising technology companies and enterprises, including wireless MVNOs, AI voice companies, SaaS platforms...

Alvarez & Marsal Tax, part of global professional services firm Alvarez & Marsal (A&M), appointed David Smyth and Declan Lavelle as managing directors, naming Lavelle as the Ireland tax practice leader, to strengthen its European tax capabilities and establish leadership...

Alkami Technology, a digital sales and service platform provider for financial institutions in the U.S., introduced Alkami Code Studio, a new artificial intelligence (AI)-powered development capability as part of its digital sales and service platform strategy. Alkami Code Studio, currently...

Horizon Technology Finance, an affiliate of Monroe Capital, provided a delayed draw senior credit facility to Stellar Cyber of up to $25 million to support continued growth. “Deploying growth capital to innovative, high-growth companies with proven market momentum and a...

eCapital, a tech-enabled specialty finance provider for businesses across North America and the United Kingdom, delivered a $15 million asset-based lending facility to a California-based metal wholesaler. The facility advances against both accounts receivable and inventory, providing enhanced liquidity to...

TRUNO, a retail technology solutions and services provider, completed a strategic recapitalization transaction led by Masked Rider Capital (MRC), alongside the closing of a new $40 million credit facility with Huntington Bank. This milestone positions TRUNO for a new chapter...

SSG Capital Advisors served as the investment banker to Burgess BioPower and Berlin Station in the sale of its debt to Keyframe Capital Partners. Keyframe subsequently served as the plan sponsor in the company’s Chapter 11 plan of reorganization in...