News

Nine Energy Service, an onshore completion solutions provider, reached an agreement with its debtholders on a comprehensive recapitalization transaction designed to strengthen its capital structure and support the company’s long-term financial health. To implement the transaction, Nine Energy Service and...

H.I.G. WhiteHorse, the credit affiliate of H.I.G. Capital, a global alternative investment firm with $74 billion of capital under management, provided a new first lien, senior-secured credit facility to Büter Group, a portfolio company of NPM Capital. “We are very...

Celtic Capital provided an accounts receivable line of credit for $750,000 and an equipment loan for $516,200 to meet the needs of its newest client, a South-Central United States manufacturer of eyeglass lenses. This company was seeking financing to pay...

The M&A Advisor announced the winners of the 20th Annual Turnaround Awards. Commercial Finance Partners was named a winner for the Restructuring of the Year (Up to $25 million) Category. The awards will be presented at a Black-Tie Awards Gala...

Clarus Capital completed an upsizing of its existing loan facility for a family-office backed private aviation platform. The expanded facility, now totaling $38 million, will further support the company’s fleet management amidst accelerating demand for private air travel. “We appreciate...

Calumet amended its existing asset-based loan (ABL) facility to extend the maturity date from January 2027 to January 2031. The amended facility provides for total commitments of $500 million, subject to borrowing base limitations, and is led by Bank of America as...

Brean Capital, an independent investment bank focused on capital markets and advisory services, has completed its acquisition of strategic business units from Janney Montgomery Scott. With the closing of this transaction, Brean Capital adds a team of approximately 50 capital...

CB Financial Services, the holding company of Community Bank, promoted Amanda L. Engles to executive vice president and chief financial officer of the company. Engles most recently served as interim chief financial officer of the company and served as senior...

California BanCorp, the holding company for California Bank of Commerce, has hired two seasoned commercial bankers to strengthen its presence in its Northern California footprint. Linda Wang has joined the bank’s San Jose office, and Angel Herrera has joined its...

Tiger Group opened the first auction in a series of receiver-ordered liquidation sales of trucks, tractors and other assets formerly owned by a national transportation company, Mongomery Transport. Bidding is underway in the SoldTiger.com auction, which closes on Tuesday, Feb....