News

WSFS Bank, the primary subsidiary of WSFS Financial, named Frank McGrane as executive vice president, chief credit officer (CCO). He will report to Christine Davis, executive vice president, chief risk officer. “Frank’s decades of experience with credit risk and lending...

SSG Capital Advisors served as the investment banker to Precision Nutrition in the sale of substantially all assets to an affiliate of Palm Ventures. The transaction closed in July 2025. Despite realizing meaningful success over its 20+ year history, the...

Haynes Boone is advising DallasNews, the holding company of The Dallas Morning News and Medium Giant, in its take-private sale to an affiliate of Hearst, an information, services and media company. Under the terms of the agreement, Hearst will acquire...

Trinity Capital, an alternative asset manager, committed $35 million in growth capital to INSHUR, a company in innovative insurance solutions for the on-demand economy. “INSHUR understands the unique challenges of drivers across the on-demand economy and is delivering tailored insurance...

Genesis HealthCare, along with its subsidiaries, has taken steps to implement a financial restructuring to secure the long-term delivery of its mission. This process is designed to ensure that the company can continue operating in a seamless manner, while also...

B. Riley Financial, a diversified financial services company, entered into an amendment to its senior secured credit agreement with funds managed by Oaktree Capital Management. The amended term loan facility provides incremental flexibility, including a new investment basket that enables...

Reckoner Capital Management, a global asset management firm with specialized expertise in alternative credit, launched the Reckoner Leveraged AAA CLO ETF (NYSE: RAAA), a levered AAA CLO ETF. “While the CLO ETF market has grown significantly as institutional and retail...

SLR Credit Solutions served as joint lead arranger for a $550 million senior secured credit facility, which is supported by a first lien on working capital assets, for Wilbur-Ellis, a manufacturer and supplier of agriculture and food systems products. Management’s...

Deloitte’s latest CFO Signals report, a quarterly gauge of the sentiment of finance leaders in North America, shows a marked decline in optimism across a number of fronts. Released July 8, the Q2/25 survey dashboard highlights increased caution among CFOs...

Flagstar Bank, a subsidiary of Flagstar Financial, expanded its specialized industries group. This group comprises 12 distinct industry verticals, each focused on serving the debt finance and banking needs of a specific sector. The specialized industries group, led by Adam...