News

NEW YORK — Abacus Finance Group, LLC—a leading provider of cash flow-based, senior debt for sponsor-led investments in lower middle-market companies—today announced that it served as Senior Secured Credit Facilities Administrative Agent to support the leveraged buyout of Marcy Laboratories...

NEW YORK — Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $4 million accounts receivable and inventory revolver facility for a specialty food manufacturer focused on plant-based food products. The company partners with private-label, nationally...

MADISON, Wis. — First Business Financial Services Inc. (Nasdaq: FBIZ) announced Monday that CEO Corey A. Chambas will retire on May 2, 2026, with President and Chief Operating Officer David R. Seiler set to succeed him. Chambas, who joined the...

Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, has launched its newly redesigned website, www.mhccna.com, to improve user experience and accessibility. The updated platform features a modern design, enhanced navigation, and improved functionality, providing users across...

NEW YORK — CohnReznick today announced that Paul Nocco, CPA, has joined the firm as an assurance partner who will focus on serving clients in the Commercial Real Estate industry. Based in Denver, Nocco brings more than 25 years of...

Minneapolis — Faegre Drinker announced today that Wagma Gharwal has joined the firm’s finance and restructuring group as counsel in the Minneapolis office. Gharwal joins from a payments and data company, where she served as director of contract strategy and management....

NEW YORK — Global law firm Clifford Chance has hired Reuven Falik as a partner in the firm's US Tax, Pensions and Employment (TPE) group, strengthening its domestic executive compensation offering. Falik will also serve as Co-Chair of the US...

LOS ANGELES — Tiger Group today announced its largest audiovisual sale so far in 2025—a three-day auction featuring more than 2,000 lots of cameras, lenses, accessories and other gear from The Camera Division. The sale will take place from May...

The U.S. middle market debt environment for the week ending May 3, 2025, was shaped by persistent economic uncertainty, volatile bond markets, and ongoing global trade tensions. Below is a synthesis of the latest developments, with all sources footnoted and...

Individual Chapter 7 bankruptcy filings rose 16% in April compared to the same month last year, as Americans continued to face mounting financial stress, according to data released May 2 by Epiq AACER. The 30,961 Chapter 7 filings marked a...