News

Community West Bancshares, parent company of Community West Bank, and United Security Bancshares, parent company of United Security Bank, signed a definitive merger agreement pursuant to which the companies will combine in an all-stock merger transaction. Following the merger of...

Transparency Analytics, a financial benchmarking business focused on private credit, completed its second funding round, led by Deciens Capital. Allianz Life Ventures, the corporate venture arm of Allianz Life Insurance of North America; Mouro Capital; FJ Labs; SUM Ventures; and...

Lane Four Capital Partners, a debt capital markets advisory firm focused on the middle market, completed approximately $1.6 billion of financings across more than 20 closed mandates over the past 18 months. The company also expanded its team through the...

Ascend Performance Materials, a producer of high-performance and durable engineered materials for everyday essentials and new technologies, completed its financial restructuring process and emerged from Chapter 11 bankruptcy protection. The company’s plan of reorganization, confirmed by the U.S. Bankruptcy Court...

City National Bank opened two new offices: one in Charlotte, N.C., and the other in Greenville, S.C. The expansion aligns with the bank’s long-term growth strategy and commitment to meeting client demand. City National has secured more than 28,000 square...

Plata, a Mexican financial technology company, secured a new financing of up to $500 million arranged by Nomura Securities International. The announcement comes as Plata continues to work towards launching operations as a bank, after having received its banking license authorization in December...

Treace Medical Concepts, a medical technology company, entered into a new, five-year $175 million senior secured loan arrangement with credit funds managed by SLR Capital Partners, consisting of $60 million in term loans funded at close, $65 million of additional...

TAB Bank closed a $7 million asset-based lending facility, which includes a $2.5 million inventory subline and a $70,000 term loan, for Certified Flux Solutions. The capital provided from this credit facility will allow Certified Flux Solutions to expand its...

Pathward has appointed Lawrence “Larry” Ridgway as managing director, business development. In this position, Ridgway is responsible for originating and structuring asset-based transactions to lower and middle-market companies throughout Illinois and the Chicagoland area. “Larry brings a wealth of experience...

White Oak Commercial Finance (WOCF), an affiliate of White Oak Global Advisors, has agented and closed an asset-based revolving credit facility to partially fund the acquisition of Ste. Michelle Wine Estates by the Wyckoff family, owner of diversified agribusinesses in...