News

Womble Bond Dickinson added a five-lawyer financial services litigation team led by partners Jeffrey Patterson, Ryan Tosi and Phoebe Winder to its Boston office. The team represents large financial institutions, including national banks and mortgage and credit card servicers, and...

MidOcean Partners, an alternative asset manager specializing in middle-market private equity, alternative credit and structured equity, announced that it formed a joint venture with Idea Financial, a Miami-based, technology-enabled small business lender. The joint venture will provide up to $225...

Neal Gerber Eisenberg (NGE) added Johnathan Foster as a partner in the corporate and securities group. Foster brings nearly a decade of experience in mergers and acquisitions and private equity, advising Fortune 500 companies, middle-market sponsors, private equity funds and...

FactorFox Software announced that 107 existing customers have been onboarded into the SANDBOX environment of FactorFox AI, the company’s new AI-native operating system for factoring and specialty finance. Customer training and migration validation are underway, and initial customers are already...

GTCR, a private equity firm, jointly led a US $200 million investment in Sophos, a global provider of cybersecurity software and services and a portfolio company of Thoma Bravo. The second lien term loan was raised in connection with the...

CleanChoice Energy, a clean energy company, closed an up to $85 million term loan facility with Aiga Capital Partners, an institutional investment platform that specializes in innovative financing solutions for North American-based companies developing sustainable infrastructure assets. These funds will...

The RealReal, an online marketplace for authenticated, resale luxury goods, entered into a credit agreement providing for a new $150 million senior secured term loan and a new $25 million senior secured revolving credit facility. The company intends to use...

Bain Capital’s private credit group acted as lead lender and administrative agent for a €130 million dual-currency senior credit facility to support the acquisition of Life Couriers, a global company in delivering time-critical healthcare logistics solutions, by JLL Partners. “The...

eCapital, an AI-powered fintech company building the next generation of specialty finance, added five senior business development leaders, bringing decades of collective experience across commercial lending, asset-based lending, receivables finance, inventory finance, strategic partnerships and specialized working capital solutions. Joining...

Peapack-Gladstone Financial and Peapack Private Bank & Trust appointed Edward A. McGorry as senior managing director, client advisor. Serving from the bank’s Garden City, New York office, McGorry is responsible for delivering customized banking, lending, investment and wealth management solutions...