News

Integrated Financial Technologies (IFT), a provider of outsourced portfolio management and business processing services, launched an Operational Assessment Service to help financial institutions ensure the operational adherence of outsourced customer service vendors. This service is available to banks, credit unions,...

Law firm Winston & Strawn represented Clear Street in connection with Helius Medical Technologies’ recently announced $500 million oversubscribed PIPE offering, consisting of units of common stock and stapled warrants to purchase additional shares. The units were priced at $6.881...

Legacy Corporate Lending, an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, appointed Ben Silver as senior executive vice president and head of portfolio and operations. Based in Los Angeles, Silver...

Wingspire Capital hired Katie Thornett as managing director – healthcare finance. She is responsible for spearheading the origination efforts for Wingspire’s healthcare strategy, and brings over two decades of broad experience in healthcare lending. Thornett previously was a senior director...

Discovery Silver entered into an agreement with a syndicate of financial institutions for a revolving credit facility that allows the company to borrow up to $250 million, with an accordion feature for an additional $100 million subject to receipt of...

Siena Lending Group, a provider of asset-based lending solutions, acted as the sole left lead arranger, alongside its partner, Benefit Street Partners in the closing of a $100 million senior secured credit facility for a consumer-branded company. The company is...

Maxim Commercial Capital added Lyndon “Lyn” Elam as chief operating officer. Elam brings over 20 years of financial services experience spanning multiple specialty finance sectors to Maxim, where he is responsible for executing the company’s operating strategy and leading its...

Washington Trust appointed James C. Brown as senior executive vice president and chief commercial banking officer. In this key role, Brown will be responsible for all commercial banking activities, including commercial real estate, commercial and industrial, business banking, private clients...

TPG Twin Brook recently served as administrative agent on debt financing to support Trinity Hunt Partners-backed Herringbone Digital’s, a local digital marketing services platform focused on the dental, legal, home services and healthcare verticals, add-on acquisition.

Portage Point Partners, a blue chip advisory, consulting, interim management, investment banking and financial services firm focused on the middle market, welcomed Gary Pivovarnikas as managing director to the performance improvement (PI) practice based in the Philadelphia office. Pivovarnikas has...