News

Provident Bank, a New Jersey-based financial institution, released the results of its annual Economic Outlook Survey. The findings signal a decisive shift in business sentiment. While business owners remain mindful of inflation and trade tensions, the “wait and see” period...

David H. Kaufman has joined Blank Rome’s New York office as senior counsel in the finance, restructuring and bankruptcy group. Kaufman will also be a member of the financial services and energy industry teams, drawing from extensive experience in U.S....

The private credit team of Adams Street Partners, a private markets investment firm with more than $65 billion in assets under management, closed a $350 million middle market collateralized loan obligation (CLO), ASP PIF CLO I. The transaction marks a...

Marathon Asset Management and Webster Bank closed a senior secured credit facility to support H.I.G. Capital’s acquisition of Shore Excursions Group. Marathon served as lead left arranger, while Webster acted as administrative agent for the transaction. The financing was provided...

Altriarch Asset Management closed a $20 million invoice factoring facility to support the ongoing expansion of a leading global staffing and workforce management provider. For over 20 years, the company has delivered payroll, compliance and workforce management solutions to clients...

Sallyport Commercial Finance funded a $2,000,000 accounts receivable facility for a growing Canadian food manufacturing and consumer packaged goods (CPG) company focused on scaling its brand across North America. Referred by a peer in the alternative finance industry, the company...

SouthStar Capital funded a $1.5 million accounts receivable financing facility for a privately owned industrial services company in the Gulf Coast region. As project volume increased, labor and operating expenses began to outpace customer payment cycles, creating the need for...

First Business Bank’s floorplan financing team funded a $2.2 million inventory floorplan line of credit with an independent used car dealership in Pennsylvania. The established dealer made the strategic decision to transition their floorplan financing from their incumbent lender of...

CohnReznick, a professional services firm, promoted 14 professionals to its partnership, effective Feb. 1, 2026. The newly promoted partners bring expertise across service lines and industry groups and will be integral to advancing the firm’s growth trajectory. “CohnReznick’s ability to...

Travis Edlund, a lifelong San Antonian and second‑generation San Antonio banker, has been named San Antonio Region chairman for PlainsCapital Bank, effective immediately. Edlund succeeds Mike Molak, who retired on Jan. 2, 2026, after more than 40 years in the...