News

Amerisource Business Capital closed and funded a $2 million asset-based lending (ABL) facility for a Georgia-based manufacturer and distributor of wood trusses and wall panels. The proceeds were used to support the company’s continued growth and provide additional working capital...

KeyBank has unveiled its latest Middle Market Sentiment Report, offering a deep dive into the perspectives of over 750 senior executives from companies with annual revenues between $10 million and $1 billion. The report provides insights into economic trends, company outlooks, and strategic...

TAB Bank has closed $5 million in financing for Package Steel Systems, consisting of a $3.5 million revolving line of credit and a $1.5 million term loan. The funds will help the steel building manufacturer accelerate growth. “At TAB Bank,...

Innovative Solutions & Support (IS&S) entered a new five-year, $100 million committed credit agreement with a lending syndicate led and arranged by JPMorgan Chase Bank. The credit agreement replaces the company’s existing $35 million line of credit. Under the terms...

Progress Software, a provider of AI-powered digital experience and infrastructure software, entered into a fifth amended and restated credit agreement, which, among other things, increased the company’s revolving credit facility from $900 million to $1.5 billion and extended the maturity...

Tradewind Finance, an international trade finance firm, has provided working capital for a ready-to-go bubble tea global trader in the Baltics. The export financing is being used by the beverage maker to drive growth, optimize operations and strengthen international sales....

WesBanco, a diversified, multi-state bank holding company, opened a commercial loan production office (LPO) in Northern Virginia, aimed at expanding its capabilities in the Dulles Corridor and broader Washington, D.C. metro region. This marks WesBanco’s first commercial-focused LPO in the area. “The launch...

A Texas-based telecommunications and security firm recently turned to SouthStar Capital for financing to support a large commercial project and nationwide expansion efforts. The company initially serviced local accounts during the pandemic and paused operations before officially resuming in January...

SSG Capital Advisors served as the investment banker to Publishers Clearing House in the sale of substantially all assets to ARB Interactive. The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the...

Alvarez & Marsal Tax, an affiliate of global professional services firm Alvarez & Marsal (A&M), launched its Indonesia tax practice. The new practice will be led by Jaap Zwaan, who joins as managing director with over 27 years of international...