News

Affiliates of Stellus Capital Management provided senior debt financing and an equity co-investment in support of Palm Peak Capital’s acquisition of Domaille Engineering, a provider of equipment and related accessories used to manufacture pre-terminated fiber optic cables. “With significant intellectual...

CohnReznick, a professional services firm, opened a new office in the heart of San Francisco’s financial district. Angela Ty will serve as CohnReznick’s San Francisco market leader. An assurance partner, Ty has deep roots in the Bay Area and expertise...

Concord Financial Advisors served as exclusive financial advisor on financing for a mine reclamation / construction company in the Midwestern United States. The financing included a $9 million equipment term loan, a $6 million senior secured revolving line of credit...

White Oak Commercial Finance (WOCF), an affiliate of White Oak Global Advisors, provided a $4 million factoring facility to Buzzbox Premium Cocktails, a vertically-integrated manufacturer of ready-to-drink cocktails. The facility will serve as working capital to scale up production, expand...

The Hedaya Capital Group provided a $1 million factoring facility to a Utah-based hand wear company for winter sports such as skiing and snowboarding. In 2024, the company’s preorders from global distributors and wholesale customers resulted in 120% year-over-year growth....

Mitsubishi HC Capital America, a non-bank, non-captive finance provider in North America, provided a $4 million revolving asset-based line of credit to The Fresh Factory, a company focused on accelerating the growth of fresh, clean-label, plant-based food and beverage brands....

FGI Worldwide, a global company in the commercial finance industry, hired Richard Mahtani as managing director, FGI Finance. Mahtani joins deal team leadership in partnering with FGI’s global business development and underwriting teams to source and execute new asset-based lending...

New industry research by the Alternative Credit Council (ACC), the private credit affiliate of the Alternative Investment Management Association (AIMA), and global law firm Dechert, reveals that as the private credit market matures, managers are refining their fund structures to...

Fifth Third Bancorp and Comerica have entered into a definitive merger agreement under which Fifth Third will acquire Comerica in an all-stock transaction valued at $10.9 billion. Under the terms of the agreement, Comerica’s stockholders will receive 1.8663 Fifth Third...

Moritt Hock & Hamroff (MH&H), a New York-headquartered commercial law firm, formed a business divorce practice group. Chaired by litigation partner Stephen J. Ginsberg, the group is comprised of a team of highly experienced attorneys focused on resolving complex disputes...