News

Steward Partners, an employee-owned independent financial services firm specializing in comprehensive wealth management solutions, raised $475 million in strategic capital from Ares Credit funds, comprising a significant expansion of its lending relationship and a non-controlling minority investment. Ares joins Steward...

Tebra, an all-in-one EHR+ platform, closed $250 million in new equity and debt financing to accelerate its R&D in AI and automation. The financing consists primarily of equity capital led by Hildred, as well as a debt facility provided by...

J.Jill completed the refinancing of its existing credit agreement with a new $75 million senior secured five-year term loan facility. The refinancing replaces the company’s previous term loan credit agreement dated April 5, 2023, providing enhanced financial flexibility and improved...

Community West Bancshares, parent company of Community West Bank, and United Security Bancshares, parent company of United Security Bank, signed a definitive merger agreement pursuant to which the companies will combine in an all-stock merger transaction. Following the merger of...

Transparency Analytics, a financial benchmarking business focused on private credit, completed its second funding round, led by Deciens Capital. Allianz Life Ventures, the corporate venture arm of Allianz Life Insurance of North America; Mouro Capital; FJ Labs; SUM Ventures; and...

Lane Four Capital Partners, a debt capital markets advisory firm focused on the middle market, completed approximately $1.6 billion of financings across more than 20 closed mandates over the past 18 months. The company also expanded its team through the...

Ascend Performance Materials, a producer of high-performance and durable engineered materials for everyday essentials and new technologies, completed its financial restructuring process and emerged from Chapter 11 bankruptcy protection. The company’s plan of reorganization, confirmed by the U.S. Bankruptcy Court...

City National Bank opened two new offices: one in Charlotte, N.C., and the other in Greenville, S.C. The expansion aligns with the bank’s long-term growth strategy and commitment to meeting client demand. City National has secured more than 28,000 square...

Plata, a Mexican financial technology company, secured a new financing of up to $500 million arranged by Nomura Securities International. The announcement comes as Plata continues to work towards launching operations as a bank, after having received its banking license authorization in December...

Treace Medical Concepts, a medical technology company, entered into a new, five-year $175 million senior secured loan arrangement with credit funds managed by SLR Capital Partners, consisting of $60 million in term loans funded at close, $65 million of additional...