News

SLR Business Credit closed a $7 million credit facility for a century-old manufacturer specializing in the durable goods sector. The company, which has a long-standing presence in the Midwest, sought SLR’s expertise to secure a more flexible credit solution to...

Keystone National Group has successfully closed a $35 million senior secured revolving credit facility for a small business finance company operating out of New York and Florida. This new facility is designed to support the company’s mission of providing liquidity...

NewtekOne’s wholly owned subsidiary, Newtek Merchant Solutions, refinanced its term debt facility and revolving line of credit. Private credit at Goldman Sachs Alternatives is providing NMS with a $90 million term loan facility and a $5 million line of credit....

Oak Hill Advisors (OHA) served as administrative agent and lead left arranger for a private unitranche financing supporting Francisco Partners’ acquisition of Elite, a leading provider of enterprise resource planning software and integrated payment solutions for law firms globally. OHA...

Altriarch Asset Management closed a $15 million senior secured revolving credit facility, with the potential to expand up to $25 million, to support the continued growth of a transportation services company. The facility will refinance the company’s existing line of...

Deerpath Capital Management, a private credit manager in the U.S. lower-middle market, closed Deerpath CLO 2025-1, a $653.50 million collateralized loan obligation. Deerpath CLO 2025-1 brings the firm’s total CLO assets under management to approximately $3.9 billion and marks Deerpath's sixteenth CLO to...

First Citizens Bank has named two new area executives in South Carolina and Georgia. Justin Rice will oversee the South Carolina Lowcountry region, as well as Savannah, GA, and JP Connell will be responsible for the Charleston, S.C. region and...

Navatar, an AI-powered CRM platform for investment professionals and capital raisers, reached agreement on a significant growth-debt package with Decathlon Capital Partners. Transaction details weren’t disclosed. “Navatar continues to revolutionize the technology used by private-market professionals, transforming their customer relationship...

Celtic Capital formed a new client relationship with a Pacific Northwest-based moving, storage, warehousing and transportation business. This long-time family business was seeking a new line of credit to replace its current bank as, due to covenant violations, was being...

First Brands Group, a global supplier of aftermarket automotive parts, and certain of its affiliates have filed voluntary petitions for Chapter 11 relief in the United States Bankruptcy Court for the Southern District of Texas to stabilize its business operations...