News

Ronald Farnsworth will step down as executive vice president, chief financial officer (CFO) of Columbia Banking System, the parent company of Columbia Bank, effective Dec. 31, 2025. Farnsworth has served as Columbia’s CFO since March 2023 and previously served as...

Global law firm Greenberg Traurig continues to grow its products liability and mass torts and pharmaceutical, medical device and health care litigation practices with the addition of Jack N. Frost, Jr., a highly experienced litigator and trial attorney known for...

HPS Investment Partners, a global, credit-focused alternative investment firm, and Lunate, an independent global investment firm with over $110 billion in assets under management, launched a collaboration to launch the HPS Strategic Solutions Partners Platform. The platform will focus on...

SSG Capital Advisors served as the investment banker to Hometeam Technologies, d/b/a Vesta Healthcare in the sale of its clinical services business to an affiliate of Essen Health Care. The transaction closed in October 2025.   Vesta engaged SSG in...

MidCap Financial added Jack Penzi as managing director of originations for the ABL team. Penzi will be based in New York city and will originate and underwrite revolver and term loan credit facilities from $10 million to $500 million for...

TAB Bank closed a $30 million asset-based lending (ABL) facility with Artur Express, a nationwide transportation and logistics company based in Missouri. TAB Bank provided $15 million in funding for the facility, with an additional $15 million through participations. This...

Canadian entrepreneurs are heading into the final few months of 2025 and cite mounting financial pressure due to rising costs, slowing demand, and a lack of confidence in their credit know-how, according to new research from Equifax Canada. Equifax Canada...

America’s Car-Mart closed a new five-year, $300 million funded term loan facility provided by funds managed by Silver Point Capital. In connection with this transaction, the company fully repaid the outstanding balance under its asset-backed line of credit (ABL), simplifying...

Flow Traders, a global trading firm providing liquidity in multiple asset classes across all major exchanges, closed on a $200 million private credit facility (PCF) and a $75 million revolving credit facility (RCF) co-led by leading global asset managers Benefit...

Ares Management has entered into a definitive agreement to acquire the entire outstanding share capital of BlueCove, a London-based systematic fixed income manager. Financial terms were not disclosed. The transaction is expected to close in Q1/26, subject to customary closing...