News

Cross River Bank, a New Jersey State chartered FDIC-insured bank and equal housing lender, facilitated more than $1 billion in loans in H1/25 while retaining $550 million in originations on its balance sheet, marking its highest mid-year performance to date....

A wholly owned subsidiary of Sompo International entered into a definitive merger agreement pursuant to which it will acquire 100% of the issued Class A ordinary shares of Aspen Insurance for $37.50 per share in cash, representing aggregate consideration of...

Comvest Credit Partners, a provider of flexible direct financing solutions to middle-market companies, acted as administrative agent and is the sole lender on a senior secured credit facility for Aspire General, a Rancho Cucamonga, CA-based non-standard automobile insurance platform. The...

Amerisource Business Capital closed a $7.5 million senior credit facility for a cabinet door and components manufacturer. The proceeds were used to refinance the company’s existing bank debt and provide additional working capital to support growth initiatives. “The company was...

Churchill Asset Management, an investment specialist of Nuveen, appointed Michael Foley as senior managing director, head of institutional. Foley will be responsible for leading Churchill’s institutional fundraising strategy, strengthening existing and building new client relationships globally. He will report to...

Sallyport Commercial Finance funded a $4 million accounts receivable facility for an industrial cleaning company. The client, referred to Sallyport by a consultant working with their bank, faced the pressing need to repay existing obligations while injecting fresh working capital...

Alignment Credit, a provider of strategic credit solutions for growth and lower middle-market companies, acted as the sole lead arranger and administrative agent for a senior secured credit facility to REGO Restaurant to refinance previous debt facilities and provide capital...

CohnReznick, a professional services firm, through its government contracting (GovCon) practice, released its 9th annual GAUGE Report, published in conjunction with solutions provider Unanet. The 2025 report analyzes emerging trends, issues, priorities, and opportunities shaping the GovCon industry with a...

USA Compression Partners entered into an eighth amended and restated credit agreement, extending the maturity of its senior secured asset-backed loan facility until August 2030. The credit facility is led by J.P. Morgan and includes 20 financial institutions with a...

Sterlington added Michael Gilligan, a corporate partner with more than 25 years of experience advising on complex transactions, to its corporate practice. “Michael is a trusted advisor who has spent his career helping boards and executives navigate their most critical...