News

Oxford Finance, a specialty finance firm, completed the first year of its asset-based lending strategy, closing five transactions representing $368 million in total commitments. “The successful launch of our asset-based lending strategy reflects Oxford’s continued commitment to expanding our lending...

Peoples Bancorp and Capital Bancorp signed an agreement and plan of merger pursuant to which Peoples will acquire Capital in an all-stock transaction. Under the terms of the merger agreement, Capital will merge with and into Peoples, and Capital Bank...

The Federal Reserve Board on Wednesday finalized changes to enhance the transparency and public accountability of its stress test and reduce volatility in its stress test-related capital requirements. The two final rules are largely similar to the proposed rules from...

Monroe Capital added Simon Wein as a director on the direct originations team. Wein will be responsible for originating new business opportunities within the East Coast region and will be based in the firm’s New York office. Wein brings over...

SLR Business Credit (SLRBC) closed a $1.2 million senior secured asset-based credit facility to Gourmet Mushrooms. The facility is structured exclusively around the company’s accounts receivable. Proceeds from the transaction will be utilized to optimize cash flow, manage seasonal working...

Itafos entered into an amendment of its existing credit facilities with a syndicate of lenders led by RBC Capital Markets as lead left arranger and administrative agent, with Texas Capital and PNC Capital Markets as joint lead arrangers (JLA), pursuant...

TPG Twin Brook served as the administrative agent on Arsenal Capital Partners’ leveraged buyout of Velcro Companies.

Portage Point Partners, a blue chip advisory, consulting, interim management, investment banking and financial services firm focused on the middle market, named Steven Shenker co-head of turnaround and restructuring services (TRS) alongside Tom Studebaker. Shenker and Studebaker will lead the...

Global law firm Squire Patton Boggs has appointed partner Abby Brown as Americas chair of its global corporate practice. Brown most recently served as corporate deputy practice group leader for the firm’s Washington, D.C. office and brings more than two...

The American Factoring Association (AFA) elected Hailey Benton-Thomas as its new board president. Benton-Thomas succeeds Cole Harmonson and has previously served as AFA vice president as well as chair of the AFA’s government affairs committee. Since 2014, Hailey Benton-Thomas has...