News

Advantage Business Capital, a subsidiary of Central Bank, provided a $10 million factoring facility to a beverage manufacturer. The client secured a sizeable opportunity with a national retailer. Advantage designed the factoring facility with to help the company bridge the...

Haynes Boone served as legal counsel to Nabors Industries in the $600 million sale of its Quail Tools subsidiary to Superior Energy Services. The Aug. 20 transaction included $350 million in cash and a $250 million seller note, and the...

Winston & Strawn represented Loop Capital Markets, as placement agents’ counsel, in connection with the initial public offering of Bally’s Chicago. The registration statement, under which the offering was conducted, was declared effective by the SEC on Aug. 12, 2025....

Global law firm Dechert advised Aberdeen Investments, a publicly listed company on the London Stock Exchange offering a wide range of investment solutions, on the formation of its new private credit fund abrdn Private Credit SCSp-RAIF and the first closing...

National law firm Hughes Hubbard & Reed is representing Indian software-services exporter Wipro in its purchase of U.S. based firm Harman Connected Services, the digital transformation solutions (DTS) arm of Samsung subsidiary Harman International, for $375 million. Chuck Samuelson leads...

JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth, women-founded and natural products companies focused on the “conscious consumer,” closed a line of credit of $7 million to Cerebelly, a producer of organic, nutrient-rich baby food purees. “Cerebelly...

Sallyport Commercial Finance welcomed four new team members: Melissa McGuire, Camyren Grays, Jennifer Lawrence and Lorna Williamson, according to a LinkedIn post from the company. “Each addition strengthens our ability to deliver the service, creativity and commitment our clients deserve...

nFusion Capital, a provider of financing solutions to small and middle market companies in the construction industry, provided a $5 million asset-based lending facility to a Colorado-based specialty contractor in the commercial construction industry. The financing will support the company’s...

Deerpath Capital Management, a private credit manager in the U.S. lower-middle market, reset and upsized Deerpath CLO 2021-2, now a $479 million collateralized loan obligation (CLO). Deerpath CLO 2021-2, issued in December of 2021, was originally sized at $429.5 million....

PlainsCapital Bank welcomed Hudson Marshall as executive vice president, commercial banking and public finance. In this role, Marshall will lead the continued growth of PlainsCapital’s commercial middle market business in Dallas and oversee the bank’s public finance strategy. He will...