News

Evolution Credit Partners, an alternative credit investment manager, added Scott Barek as managing director. Based in the New York office, Barek will lead structured credit investments and support the firm’s continued efforts to deliver differentiated, risk-managed solutions to institutional investors....

A Northeast manufacturer of printed circuit boards has secured a $2.5 million line of credit from Prestige Capital to support its turnaround strategy. Introduced by a long-term friend and colleague who recently joined a loan brokerage organization, the company required...

Wells Fargo is collaborating with the National Center for the Middle Market (NCMM) at The Ohio State University Max M. Fisher College of Business. Wells Fargo’s commercial banking group will provide the NCMM with insights into the banking needs of...

Quickpay Funding established a $200,000 invoice factoring facility for a California-based ship repair company specializing in maintenance and fabrication services for U.S. Navy vessels. The new facility offers the working capital needed to manage labor costs, purchase materials and mobilize...

Global law firm Clifford Chance is advising KKR in connection with the purchase of an equity stake in Harley-Davidson Financial Services (HDFS) and a back book of loans, and in connection with a forward flow purchase agreement to acquire loans...

Crown Partners served as exclusive financial advisor to Nexseer Capital, a specialty finance firm providing equipment and project financing solutions, in connection with its management-led buyout. The transaction involved the acquisition of 100% of the company’s equity by its senior...

Commercial Chapter 11 filings totaled 911 in July, an increase of 78% over the 512 filings in July 2024, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data. The overall July commercial filing total...

Wintrust Financial’s business credit team arranged $90 million in financing for a Midwest-based commercial printer to support its growth objectives. Wintrust Business Credit acted as the administrative agent and lead arranger for the financing, which includes a $75 million asset-based...

Aperture Investors, an alternative asset manager and part of Generali Investments, launched its new asset-based finance strategy, expanding the firm’s growing private credit offering. Nick Turgeon has joined the firm to lead the strategy as global head of asset-based finance...

White Oak Commercial Finance (WOCF), an affiliate of White Oak Global Advisors, closed and funded two new lower middle-market transactions, with a combined total of $35 million of committed capital to fund a transportation and logistics company and global marketing...