News

Great Elm Capital, a business development company, entered into an amendment to its revolving credit facility with City National Bank (CNB) to, among other things, increase the borrowing capacity under the revolving credit facility from $25 million to $50 million....

Riley Securities (BRS), a middle market investment bank, served as lead left bookrunner for WhiteFiber in its upsized initial public offering (IPO) of 9.375 million ordinary shares at a price of $17.00 per share. The offering closed on Aug. 8,...

Civista Bancshares promoted Robert L. Katitus to senior vice president and chief lending officer. In this role, Katitus will serve as a member of Civista’s executive leadership team and will report directly to Charles A. Parcher, president of Civista Bank. Katitus succeeds Parcher as...

SouthStar Capital funded a working capital facility for a start-up staffing agency. The $250,000 facility is secured by receivables from established B2B clients and is structured to align with the agency’s weekly billing and payroll cycles. It provides immediate access...

Northwest Sponsor Finance, a division of Northwest Bank, a full-service financial institution, provided sponsor financing to support Littlejohn Capital’s acquisition of 3P Processing, a company in the aerospace industry. “We are excited to be able to partner with the team at...

XEN, a loan management platform for commercial lenders and factors, partnered with Creditsafe, a global expert in credit monitoring and risk management. Through the partnership, Creditsafe’s credit risk data will integrate into XEN’s platform, a move designed to allow lenders...

First Business Bank’s floorplan financing group funded a $5 million inventory floorplan line of credit with an established multi-location automotive dealership in Texas. The dealer made the strategic decision to move its floorplan financing from a small local bank that...

CohnReznick, a professional services firm, has been ranked as the No. 9 construction accounting firm on the Construction Executive Top 50 list. This marks CohnReznick’s fifth consecutive top 10 ranking. “With a 100-year history in the construction industry, we are focusing today...

Winston & Strawn represented BitMine Immersion Technologies in connection with its latest expansion of its at-the-market (ATM) equity offering, increasing the program by $20 billion to a total of $24.5 billion. The expanded ATM program is expected to provide capital...

Comvest Credit Partners, a provider of flexible direct financing solutions to middle-market companies, closed Comvest Credit 2025-2 CLO, a $403 million collateralized loan obligation (CLO). The transaction represents Comvest Credit Partners’ fourth new CLO issuance in the last year and...