News

NexBank Capital, a financial holding company based in Dallas, promoted Michelle Johnson from senior vice president to executive vice president, chief administrative officer of the company. In her expanded role, Johnson will align and streamline the core support functions of...

SBS, a global banking software company powering the wholesale financing and digital audit operations of auto and equipment manufacturers and lenders, and Vero Technologies, a provider of digital operating systems for floorplan financing, expanded their work together through new partnerships...

The proposed combination of Pinnacle Financial Partners and Synovus Financial has received regulatory approval from the board of governors of the Federal Reserve System. With shareholders of each company approving the merger on Nov. 6, 2025, Pinnacle and Synovus anticipate...

Heritage Global Partners (HGP), a subsidiary of Heritage Global and a worldwide company in asset advisory and auction services, has been appointed by the U.S. Bankruptcy Court for the District of Delaware (Case No. 1:25-bk-11516) to conduct an auction of...

The Hedaya Capital Group recently provided a $750,000 factoring facility to a Texas-based IT staffing and software consulting firm, which works with Fortune 500 companies on both a temporary and permanent basis. Recently, several of the company’s clients began expanding...

Provident Bank, a New Jersey-based financial institution, and The Provident Bank Foundation (PBF), have partnered to launch a Crisis Response Fund supporting nonprofit organizations combating food insecurity across the Bank’s footprint. Through this initiative, Provident and PBF are jointly investing...

Haynes Boone advised American Integrity Insurance Group, a Florida-based property and causality insurance provider, on the selling stockholders’ underwritten secondary offering of 3 million shares of common stock at $20 per share. This transaction follows the firm’s earlier representation of...

Monroe Capital closed Monroe Capital PCL CLO 1, a $730.7 million term debt securitization. This marks Monroe’s third CLO transaction in 2025 and is secured by a portfolio of lower and traditional middle market senior secured loans. The issued debt...

Brightwood Capital Advisors, a private credit firm with more than $6 billion in assets under management (as of Sept. 30, 2025), assumed the management of two private credit funds previously managed by Capital Dynamics. Under the terms of the transaction,...

Clearside Biomedical, a biopharmaceutical company, has filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. As part of the case, Clearside also intends to file a motion...