News

Gibraltar Business Capital appointed Andrew Gustin as Senior Vice President for its Midwest Region, where he will lead origination efforts and relationship development as part of the firm’s strategic expansion. Gibraltar provides asset-based loans between $10 million and $100 million...

Utica Equipment Finance closed a $3.1 million capital lease for a Permian Basin-based oilfield services and aggregates provider. The lease is secured by heavy construction equipment, site development machinery, and aggregate processing assets, providing the company with the ability to...

Kirkland’s, Inc. (Nasdaq: KIRK) announced the closing of a $5.2 million expansion of its credit agreement with Beyond, Inc., further solidifying its strategic partnership with the home and lifestyle brand platform. The upsized facility is intended to provide added working...

Abacus Finance Group provided senior secured credit facilities to support the refinancing of GovSpend, a provider of government intelligence solutions, in a transaction sponsored by Thompson Street Capital Partners. Abacus served as Administrative Agent and Sole Lender on the financing....

The U.S. middle market debt environment in early May continued to be shaped by persistent economic uncertainty, volatile bond markets, and ongoing global trade tensions. Below is a synthesis of the most relevant news and developments from the past week,...

The traditional boundaries separating financial institutions are rapidly dissolving as digital platforms, private credit funds, and conventional banks forge unexpected alliances in the middle-market lending space. This transformation is creating both new competitive dynamics and collaborative opportunities that are reshaping...

N2M, a leading provider of information technology consulting and advisory services, has expanded its portfolio-wide IT services and support for private equity firms, responding to increasing client demand. The Nashville, Tennessee-based firm has been a recognized leader in providing IT...

Wellgistics, a Florida-based pharmaceutical distribution company, has announced plans to integrate XRP as both a real-time payment rail and treasury management asset, becoming one of the first public entities to make such a move. According to Thursday's press statement, the...

Alexandria, Va. — The American Bankruptcy Institute announces that it presented Ira Herman of Blank Rome LLP with its highest membership award, the ABI Distinguished Service Award, at ABI’s 2025 Annual Spring Meeting in Washington, D.C., on April 25, 2025. The...

The Dixie Group, Inc. (OTCQB: DXYN) has reported financial results for the first quarter ended March 29, 2025, along with the completion of a new $75 million senior credit facility with MidCap Financial. The Dalton, GA-based flooring manufacturer achieved an...