News

Columbia Banking System (Nasdaq: COLB), parent company of Umpqua Bank, has announced a definitive merger agreement to acquire Pacific Premier Bancorp (Nasdaq: PPBI) in an all-stock transaction valued at approximately $2 billion. The combined institution will have approximately $70 billion...

CLEVELAND — Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, announced that it has amended and extended the maturity of its existing $625 million, five-year asset-based revolving credit facility through April 17, 2030. The revolving credit facility...

NEW YORK — Assembled Brands Capital has provided Birddogs, a high-growth menswear brand with a strong direct-to-consumer footprint, with a new flexible credit facility. The financing will support Birddogs' expansion into wholesale channels and continued omnichannel growth. Founded in 2016,...

BOSTON — Pure Lithium Corporation, a Boston-based vertically integrated lithium metal battery technology company, is pleased to announce it has received a Letter of Interest from the Export-Import Bank of the United States (EXIM), for a debt funding package of...

BOSTON — KCP Advisory Group, a leading turnaround consulting firm specializing in business advisory and financial restructuring, is pleased to announce that HBM Management Associates has officially joined the KCP team. This strategic move brings a group of senior professionals...

NEW YORK — The Secured Finance Network (SFNet) has released results of its year-end factoring survey, which found a decline in factoring volume during the second half of 2024, but an overall positive sentiment moving forward despite economic uncertainty. The...

FRISCO, Texas — Mountain Ridge Capital ("MRC") is pleased to announce the closing of an $8 million senior secured credit facility to a New York-based consumer products company. The MRC facility will be utilized for working capital purposes to achieve...

MIDLAND, Texas — Natural Gas Services Group, Inc. ("NGS" or the "Company"), a premier provider of natural gas compression equipment, technology, and services to the energy industry, announced today it has closed on a $100 million expansion of its existing...

WESTPORT, Conn. — Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the upsize of its leverage facility with KeyBank National Association, one of the nation's largest bank-based financial services institutions. The leverage facility,...

SPARKS, Md. — SC&H, a national consulting and financial services firm, announced the addition of two prominent principals, Stan Mastil and Jeremy VanEtten, to its Corporate Restructuring practice. Both join with extensive experience in bankruptcy advisory services, financial forensics, and...