News

Towpath Credit Union has successfully completed a comprehensive digital transformation using the Alkami Digital Banking Platform by Alkami Technology, a cloud-based digital banking solutions provider for financial institutions in the United States. The credit union, headquartered in Northeast Ohio, executed...

Dechert recently advised KKR, a global investment firm, on an agreement in which funds managed by KKR will acquire a significant minority stake in ghSMART, a global leadership advisory firm. ghSMART’s founder, partners, and employees will retain majority ownership in...

Maverick Gaming, an operator of hotel and casino properties, has filed for Chapter 11 protection as part of a restructuring contemplated by a transaction support agreement reached with a majority of its prepetition lenders and its majority shareholder in June...

Kayne Anderson, a business development company externally managed by its investment adviser, KA Credit Advisors, an affiliate of Kayne Anderson Capital Advisors, invested in SG Credit Partners, a national credit platform focused on the lower middle market to complement KBDC’s...

Crown Partners served as exclusive financial advisor to CorTech International in arranging a new $70 million unitranche financing, consisting of a $40 million ABL revolving facility and a $30 million term loan. The new capital structure is designed to enhance...

TPG Twin Brook recently served as administrative agent on debt financing to support: York Capital Management’s recapitalization of Healthcare Linen Services Group, a provider of linen management services to the healthcare and hospitality industries 3 Boomerang Capital’s leveraged buyout of...

JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth, women-led and natural products companies, appointed Jack Gindi, principal at ASG Equities, to the JPC board of directors. Gindi will play a critical role in helping to shape JPC’s...

Wintrust Financial’s Wintrust Receivables Finance team provided a $4.5 million accounts receivable line of credit to a West Coast-based third-party logistics firm specializing in flatbed and dry van truckload transportation. The facility was designed to provide the company with increased...

Austin Financial Services closed a $12 million asset-based lending (ABL) facility comprised of an accounts receivable revolver for a third-party logistics company. The company, which serves numerous nationally recognized consumer brands, will use the proceeds to support new customer acquisitions...

SLR Business Credit closed a new credit facility for a leading U.S.-based textile manufacturer and one of the few remaining companies committed to producing fabrics entirely in the United States. The company produces a superior, yet labor-intensive fabric that demands...