News

Mountain Ridge Capital (MRC), an asset-based commercial finance company, upsized its asset-based lending (ABL) facility, from $200 million to $400 million, agented by Wells Fargo Capital Finance. This increased capacity, which is backed by a syndicate of banks, will support...

Everforth, a technology and digital engineering firm, completed the refinancing and upsizing of its $500 million revolving credit facility, with a new five-year $600 million facility, extending the maturity date from 2028 to 2031. “The successful refinancing and upsizing of...

J.P. Morgan launched Small-Cap Investment Banking (SCIB), a strategic expansion of its Mid-Cap Investment Banking (MCIB) division designed to broaden coverage for smaller commercial and specialized industries (C&SI) clients. The new SCIB group will focus on advising middle-market businesses generally...

MountainSeed, a provider of appraisal management, valuation technology and capital markets solutions to community banks and credit unions, completed a $38 million minority investment from Long Ridge Equity Partners, a growth equity firm with deep expertise in financial and business...

Consumer Portfolio Services (CPS) renewed its two-year revolving credit agreement with Citibank while simultaneously increasing the capacity of the facility. The renewal and increase apply to both Citibank and the subordinate lender, and increases the capacity of the facility from...

Plante Moran, a global accounting, tax, consulting and wealth management firm, promoted the following 36 new partners and two new affiliated entity members: Deepak Agarwal, technology consulting, Southfield Grant Anderson, transaction advisory services, Chicago Melissa Anderson, tax, Schaumburg Andrew Apsey,...

Global law firm Norton Rose Fulbright added corporate, M&A and securities partners Nate Hurlbut and John Zarbock, expanding its transactional practices, with particular experience in the rapidly evolving data center, digital infrastructure and energy sectors. Joining from Greenberg Traurig, Hurlbut...

MidFirst Business Credit, a subsidiary of MidFirst Bank, a privately owned bank, appointed Graham Nelson as vice president, business development officer, based in Los Angeles. Nelson brings considerable experience in commercial finance across credit, portfolio management and originations at a...

Susser Bank appointed Dennis Stasio as senior vice president and co-market executive for Houston, serving alongside senior vice president and co-market executive Mike Chryssikos. Stasio will help lead the bank’s Houston market presence to expand client relationships, deepen engagement across...

Flatbay Capital provided a $1.2 million interest-only, non-bank bridge loan for a long-standing architectural metal manufacturer, creating liquidity to refinance existing bank debt, fund a shareholder buyout and facilitate a generational ownership transition. Despite its long operating history, specialized expertise...