News

Provident Bank, a New Jersey-based financial institution, recently awarded $50,000 in grants to six non-profit organizations as part of the Federal Home Loan Bank of New York (FHLBNY) Small Business Recovery Grant (SBRG) Program. The SBRG Program provides funds to...

Gordon Brothers, the global asset experts, expanded LK Bennett with its first North American licensee, Titan Industries. Titan Industries will design and distribute LK Bennett women’s footwear across the United States and Canada. The collaboration will expand LK Bennett’s presence...

Asset-based lender Ultimate Finance received a record high Net Promoter Score (NPS) score. NPS is a measure of customer loyalty. It’s based on one question: “How likely are you to recommend us?” scored from 0 to 10. People who score...

Hilco Global Capital Solutions (HGCS), a division of Hilco Global and a provider of flexible asset-based lending solutions, provided a $65 million first-in, last-out secured term loan to support the acquisition of a leading specialty retailer. The financing is expected...

White Oak UK (WOUK), an affiliate of White Oak Global Advisors, plans to launch a new private credit strategy designed to support UK reindustrialization by providing financing for manufacturing modernization, industrial capacity, capital equipment, infrastructure and supply chain resilience. The...

ADTRAN, a provider of networking and communications solutions, entered into a new senior secured credit facility led by JPMorgan Chase Bank as administrative agent. The facility strengthens the company’s capital structure, enhances liquidity, meaningfully lowers borrowing costs and provides increased...

Great American (GA Group), a provider of financial advisory, valuation, asset disposition and investment banking services and majority-owned by funds managed by Oaktree Capital Management, acquired Trampe Settles, a Dallas-based family law litigation support firm. Trampe Settles is focused on...

Holland & Knight is continuing its strategic growth in Boston with the addition of Fred David, previously from Akin Gump, as a partner in its financial services practice. David advises private credit funds, private equity sponsors and their portfolio companies...

Peapack-Gladstone Financial and Peapack Private Bank & Trust appointed Leonard Carraturo as senior managing director, commercial private banker. Carraturo joins Peapack Private’s experienced commercial banking team, where he will deliver customized lending and banking solutions while partnering closely with clients...

CohnReznick, a professional services firm, added Michael Plostock as a director in its government and public sector advisory team. He brings more than 15 years of leadership experience in emergency management, disaster recovery, continuity of operations, risk management and strategic...