News

On Oct. 5, 2026, Aurora Management Partners was appointed as the chief restructuring officer to Southern Motion, Inc. in the United States Bankruptcy Court for the Northern District of Mississippi (case #26-13155-JDW). Overseeing the debtor’s business alongside David Baker, managing...

Assembled Brands closed a new credit facility for BelliWelli, the California-based maker of dietary fiber supplements and gummies. BelliWelli will use its new facility to fund production and inventory for new retail accounts, including CVS and Sam’s Club launching this...

B. Riley Securities, a full-service investment bank, served as the exclusive financial advisor to ChronoScale in the sale of its subsidiary, Ekso Bionics, to Wandercraft. The transaction closed on Sept. 30, 2026, and brings together two companies in robotic mobility....

Fifth Third Bancorp named Darren King, previously executive vice president, head of the commercial bank, which now includes the regional banking business he already leads. King has led the commercial bank on an interim basis since June. King now leads...

SouthStar Capital appointed Sally J. Stark as portfolio manager and Scott Norris as senior business development officer. These role changes bring decades of factoring and asset-based lending experience to the company’s portfolio management and business development efforts. As portfolio manager,...

The direct lending business of Silver Point Capital, a global company in credit investing, led a $650 million term loan financing supporting the acquisition of C&D Technologies and Trojan Battery by Stryten Energy. Silver Point led the syndication of the...

CG Debt Capital Markets closed $18 million senior secured credit facilities for a forging operation located in the Southwestern U.S. The credit facilities feature advances against accounts receivable and inventory, with the NOLV advance against eligible equipment curtailing within the...

Symetra Investment Management (SIM) closed Symetra CLO 2026-1, a $459 million collateralized loan obligation (CLO) transaction and the second CLO issued by SIM. As of June 30, 2026, SIM manages approximately $94 billion in total assets. The transaction builds on...

Haynes Furniture and The Dump will close permanently, bringing a 128-year family retail legacy to a close. Going-out-of-business sales begin at 10:00 a.m. on Thursday, Oct. 8, 2026. SB360 Capital Partners, an asset disposition and advisory firm, will assist Haynes...

W&T Offshore entered into the second amendment to its credit agreement with Texas Capital Bank as administrative agent and its bank group, converting its existing $50 million revolving credit facility into a conventional reserve-based lending (RBL) facility. Key Highlights of...