News

Aequum Capital closed a $30 million senior secured credit facility, consisting of a $25 million term loan and a $5 million revolving line of credit, to support the acquisition of a West Virginia-based provider of substance use disorder (SUD) and mental health treatment services. This transaction represents...

Amerisource Business Capital closed a $17.5 million senior credit facility for a manufacturing and distribution company located in the Southeast. The loan proceeds were used to refinance a bank loan and for additional working capital to support the company’s growth backlog....

TPG Twin Brook recently served as administrative agent on debt financing to support Truelink Capital’s refinancing of Ansira, an independent global marketing services and solutions company with proprietary channel, website and advertising technology platforms.

Stifel Financial added Launny Steffens, a veteran financial services leader credited with helping build Merrill Lynch’s retail business, as vice chairman of asset management. In this newly created role, Steffens will focus on growing Stifel’s financial advisor network, advancing the...

Catalyze, a developer and independent power producer (IPP) of distributed renewable energy assets, closed a $200 million three-year HoldCo revolving and term debt and letter of credit facility from Deutsche Bank. The new facility bolsters the company’s capital capacity and...

Rithm Capital, a global alternative asset manager, entered into a definitive agreement to acquire Crestline Management, an alternative investment manager with approximately $17 billion in assets under management. Rithm’s combined platform, including Crestline and Sculptor, will be comprised of $98...

A Tiger Group online auction closing on Sept. 11 features audiovisual gear from Red Letter Rentals, a Southern California rental house known for its clientele of filmmakers, cinematographers and productions. “We are very pleased to be chosen by Red Letter...

Gordon Brothers, the global asset experts, formed a $1.5 billion joint venture with Davidson Kempner Capital Management and entered into a supporting lender finance facility with Wells Fargo Capital Finance. “We’re proud to partner with two highly experienced and strategically...

Bow River Capital, a Denver-based alternative asset manager, is expanding its evergreen private equity team with the addition of Erick Podwill as a director. “We are thrilled to welcome Erick to our growing team,” Jeremy Held, managing director at Bow...

Despite concerns over inflation, supplier price increases and recent declining demand and profit expectations, PNC’s latest semi-annual survey of small and mid-sized business owners found a 23-year record-high share of business owners (84%) optimistic about the prospects for their own...