News

AstroNova, an innovator in specialized print technology solutions, executed an amendment to its existing credit agreement with Bank of America. The amendment modifies the company’s existing credit agreement to temporarily increase the revolving credit facility to $27.5 million from $25...

GBank Financial, the parent company of GBank, appointed Hilary R. Sledge-Sarnor executive vice president, general counsel, and corporate secretary of the company and the bank. In this role, Sledge-Sarnor will oversee the company’s and bank’s legal, corporate governance and regulatory...

IDB Bank, a New York-based private and commercial bank, appointed Sagy Aseraf to the role of president of private banking and wealth management. This appointment marks a strategic leadership move under Avner Mendelson, president and CEO of IDB Bank. In...

The Grant Thornton Advisors intends to expand by adding Grant Thornton Poland. The transaction, backed by an investor group led by New Mountain Capital, will bring Grant Thornton Poland’s more than 1,200 professionals and $70 million in annual revenue into...

Monroe Capital led the growth capital investment to support the acquisition of ENTOUCH by Respida Capital. Founded in Dallas in 2008, ENTOUCH provides energy management as a service and smart building technology. The company’s cloud-based software delivers sustainable solutions that...

Saratoga Investment, a business development company, entered into a new $85 million senior secured revolving credit facility with Valley National Bank as sole lead arranger and administrative agent, together with three additional participating banks. The Valley facility replaces the company’s...

SouthStar Capital funded a $14 million debtor-in-possession (DIP) facility for a national logistics and warehouse-staffing company headquartered in Tennessee. The transaction included the buyout of the company’s existing DIP lender, which had reached its maximum exposure. The company required immediate...

Coral Capital Solutions, a provider of financing solutions for small and medium sized enterprises, added Tom Siska as chief operating officer. Siska will be managing all aspects of underwriting, portfolio management and operations and will work with sales and strategy...

First Citizens Wealth, the wealth management division of First Citizens Bank, published its “Beyond Wealth” study of business owners and wealthy Americans, finding they are adapting their professional and personal financial planning strategies to navigate today’s evolving economic landscape. Despite...

CapitalSpring, a sector-specialist investment firm focused on franchised and other multi-location businesses, closed more than $505 million of commitments for its seventh flagship investment fund, just two months after launch. The fund, which targets $1 billion in total commitments, has...