News

Trinity Capital, an alternative asset manager, committed equipment financing to Sortera Technologies, a material sorting company with an upcycling platform powered by artificial intelligence, data analytics and advanced sensors. “Sortera is transforming the way metal recycling supports domestic manufacturing,” Ryan...

Matrix Capital Markets Group advised C&J Cox and its affiliates on the sale of select convenience retail assets to Anabi Oil. The transaction closed on Nov.12. “The Cox family built one of the most admired convenience store networks in Northern...

EquipmentShare, a company in connected jobsite technology and a rental provider in the United States, closed a $2.75 billion asset-based senior secured credit facility. Wells Fargo serves as administrative agent and lead lender for the facility. “EquipmentShare’s growth is powered...

Legacy Corporate Lending, an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, appointed Jeffrey Seiden as executive vice president, portfolio and underwriting. Seiden will work closely with Legacy’s originations team and...

There were 825 commercial Chapter 11 filings in November 2025, an increase of 20% from the 687 filings registered in November 2024, according to data provided by Epiq AACER, a provider of U.S. bankruptcy filing data. The rise in overall...

FTI Consulting appointed four senior hires in its transformation practices in London. Jan Timmermann, Malvinder Singh and Rakhi Williams join the firm as senior managing directors and Irina Bakanova joins as a managing director. Their arrival strengthens the firm’s investment...

Eastern Bank added The Sourcing Group (TSG) as a new commercial banking customer. Eastern Bank will be a key financial resource in fueling the continued growth and success of TSG. “We’re proud to support The Sourcing Group with their day-to-day...

Assembled Brands Capital provided a senior secured facility to support Stately, a California-based men’s stylist-curated clothing subscription service. This flexible, non-dilutive capital will help the DTC-only business continue its subscriber growth and inventory purchases. The accordion-style facility is in place...

Rubicon Organics, a licensed producer focused on cultivating and selling organic certified, premium and super-premium cannabis products, confirmed the closing of its credit agreements with Community Savings Credit Union. The company has received $3 million from the capital loan and...

Howard Levkowitz, co-founder of Tennenbaum Capital and former Chairman of US Private Capital at BlackRock, has joined Gracie Point as Non-Executive Chair. Howard brings decades of expertise in structured finance, asset-backed securities, and specialty finance to Gracie Point as the...