News

SouthStar Capital funded a $2 million accounts receivable facility for a family-owned government contracting firm experiencing growth in procurement activity. The company’s most recent award, a procurement project for a U.S. military branch, created an immediate need for improved cash...

Todd Combs, investment manager of Berkshire Hathaway, CEO of GEICO and a former member of JPMorganChase’s board of directors, will head the $10 billion strategic investment group of JPMorganChase’s new security and resiliency initiative (SRI), which the firm recently launched...

King & Spalding has promoted 27 lawyers to partner and 17 to counsel. The promotions span 13 of the firm’s offices across the United States, Europe, the Middle East and Asia Pacific. “These lawyers exemplify the excellence, client focus, team...

Thompson Coburn elected nine attorneys to its partnership and promoted one attorney to counsel. The promotions, which are effective Jan. 1, 2026, span several practice groups and offices, including St. Louis, New York, Dallas and Washington, D.C. The newly elected...

Cascadia Capital, an independent investment bank serving middle-market clients globally, added Aarti Kapoor as a managing director in its consumer, retail and e-commerce group. Based in New York, Kapoor brings 18 years of consumer and retail transaction experience across private...

The momentum behind AI adoption and investment continues to build, according to Citizens’ third annual AI Trends in Financial Management Survey. Eighty-two percent of middle market companies plan to increase AI spending over the next five years, up from 58%...

Sallyport Commercial Finance provided a $1.5 million factoring facility for a Canadian bakery. This new venture comes after the client’s previous company entered CCAA. Sallyport worked closely with the trustee throughout the insolvency, providing steady guidance and support from start...

Tower Partners, a private investment bank and advisory firm serving the middle market, assisted U.K.-based Lendscape, a global company in working capital finance technology and backed by Bowmark Capital, with its acquisition of WinFactor, a provider of factoring software solutions...

Samba TV, a global company in AI-driven media intelligence, secured financing from Horizon Technology Finance, an affiliate of Monroe Capital, with an initial close of $30 million, and up to $30 million to support future growth. Samba TV will use...

Wingspire Capital promoted Will Bence to senior managing director, head of originations. “Will has been an exceptional addition to Wingspire from the day that he started. His creativity, work ethic, strong credit skills and mentorship have not only led to...