News

J.P. Morgan Asset Management appointed Stephanie Davis as head of private wealth alternatives, leading an increased focus on serving financial advisors across the U.S. Davis brings three decades of experience, most recently as co-head of U.S. private wealth solutions at...

SSG Capital Advisors served as the investment banker to Navidea Biopharmaceuticals in the sale of substantially all assets to Cardinal Health. The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the District...

Haynes Boone has appointed longtime partner William Cecil as United Kingdom general counsel. In his role, Cecil will work closely with Haynes Boone general counsel Ben Mesches and the rest of the Haynes Boone Office of the General Counsel in...

The Hedaya Capital Group provided a $350,000 factoring facility to a children’s accessories, toys and activewear company to support a renewed importing focus. The company sells to specialty beach stores as well as major off-price retailers such as Burlington and...

Eldridge Diversified Credit, the private, liquid and asset-based credit investment strategy of Eldridge Capital Management, closed a $120 million term loan facility with Kansas City-based Scrap Management Industries (SMI). The facility supports SMI’s acquisition of Allmetal Recycling and its network...

GreatAmerica Financial Services appointed John Turpen as president, a strategic leadership addition as the company advances its multiyear bank initiative. Turpen brings more than 28 years of banking experience across risk, operations and credit leadership, including direct oversight of equipment finance portfolios at...

YouLend, a global embedded financing platform for e-commerce, payment and technology platforms, formed a multi-year financing partnership with Värde Partners, a global investment firm, to further expand its capital base in the United States. The financing is structured as a...

SouthStar Capital closed an accounts receivable financing facility for a growing functional beverage company based in the Southwest. The transaction was structured to support increasing sales volume and near-term production needs. As demand increased, customer payment terms, ranging from immediate...

Wereldhave refinanced its syndicated revolving credit facility (RCF) with a multi-tranche €250 million syndicated sustainability-linked RCF. The effective term of the facility is five years, with extension options for up to two years, pushing out the maturity to between 2031...

Palm Tree Securities served as the exclusive financial advisor to Sun Mountain Sports, a portfolio company of Solace Capital Partners, in connection with securing a new cash-flow term loan and revolving line of credit provided by Sagard and JPMorgan Chase, respectively....