Deloitte Corporate Finance acted as the exclusive financial advisor to Partners Rx Management in its sale to Magellan Health Services.
Fitch Ratings said that good liquidity, improving capital and better asset quality are all contributing to stable credit profiles for the largest U.S. regional banks, despite a difficult operating and regulatory environment.
Monroe Capital announced the funding of a $78.5 million senior secured credit facility to support the buyout of Escort by New York City private equity sponsor Monomoy Capital Partners.
Capital One Bank said it changed the name of its Asset-Based and Senior Bank lending businesses from Capital One Leverage Finance to Capital One Business Credit to reflect the group’s specialized financial product offerings.
GE Capital, Corporate Retail Finance said it is administrative agent and sole lender on a $100 million senior secured credit facility for Samuels Jewelers.
Golub Capital BDC announced that it originated $121.3 million in new middle-market investment commitments during its fourth fiscal quarter.
Victory Park Capital funded $12.5 million of a $60 million first lien term loan to Joe’s Jeans. Joe’s also closed on a $50 million revolving credit facility.
Restructuring veteran Bettina Whyte, a managing director at Alvarez & Marsal, was inducted into the Turnaround Management Association’s Turnaround, Restructuring and Distressed Investing Industry Hall of Fame.
FTI Consulting announced the appointments of Dr. Christian Axmann and Andreas Rapp as managing directors in its Operational Transformation practice within the company’s Corporate Finance/Restructuring segment.
Gordon Brothers Group announced that Ryan Ray joined the Appraisal & Valuation Division as director of Business Development, serving the Midwest Region and Eastern Canada.