News

Amerisource Business Capital closed a $7.5 million senior credit facility for a cabinet door and components manufacturer. The proceeds were used to refinance the company’s existing bank debt and provide additional working capital to support growth initiatives. “The company was...

Churchill Asset Management, an investment specialist of Nuveen, appointed Michael Foley as senior managing director, head of institutional. Foley will be responsible for leading Churchill’s institutional fundraising strategy, strengthening existing and building new client relationships globally. He will report to...

Sallyport Commercial Finance funded a $4 million accounts receivable facility for an industrial cleaning company. The client, referred to Sallyport by a consultant working with their bank, faced the pressing need to repay existing obligations while injecting fresh working capital...

Alignment Credit, a provider of strategic credit solutions for growth and lower middle-market companies, acted as the sole lead arranger and administrative agent for a senior secured credit facility to REGO Restaurant to refinance previous debt facilities and provide capital...

CohnReznick, a professional services firm, through its government contracting (GovCon) practice, released its 9th annual GAUGE Report, published in conjunction with solutions provider Unanet. The 2025 report analyzes emerging trends, issues, priorities, and opportunities shaping the GovCon industry with a...

USA Compression Partners entered into an eighth amended and restated credit agreement, extending the maturity of its senior secured asset-backed loan facility until August 2030. The credit facility is led by J.P. Morgan and includes 20 financial institutions with a...

Sterlington added Michael Gilligan, a corporate partner with more than 25 years of experience advising on complex transactions, to its corporate practice. “Michael is a trusted advisor who has spent his career helping boards and executives navigate their most critical...

Dechert recently advised both Morgan Stanley Capital Partners (MSCP), a middle-market private equity platform, and Clarity Software Solutions on the successful sale of Clarity. Investment funds managed by MSCP sold Clarity, a provider of health plan member communication services, to...

Bow River Capital, a Denver-based alternative asset manager, acquired the asset-based financing business of Dallas-based Park Cities Asset Management, an asset manager focused on providing capital solutions to the lower middle market. The acquisition expands Bow River’s capabilities in private...

Runway Growth Capital, a provider of growth loans to venture and non-venture-backed companies seeking an alternative to raising equity, released the 2024–2025 Venture Debt Review, produced in partnership with PitchBook. The release of this year’s report comes against the backdrop...