News

NEW YORK — April 3, 2025 — First Citizens Bank announced that its Sponsor Finance business provided a $22.5 million senior debt facility to help refinance and provide acquisition capacity for Standpoint Inc., a leading provider of management services and...

A new PitchBook report shows a mixed recovery picture for private equity activity in the middle market during the first quarter of 2025. According to the report, dealmaking posted a strong resurgence with $46.2 billion deployed in 1Q 2025, marking...

WESTPORT, CT, April 7, 2025 -- Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the closing of a senior secured credit facility with National Railway Equipment Company ("NRE"). NRE, a portfolio company of...

AUSTIN, Texas, April 4, 2025 /PRNewswire/ -- International investment banking firm Madison Street Capital (MSC) acted as the exclusive financial advisor to Barrier Fencing Supply Company (BFS) in connection with its credit facility from Corporate Trust Fund. The capital will...

CHICAGO (April 4, 2025) — Economic optimism among U.S. chief financial officers has plunged to its lowest point in over two years, but investment in technology remains strong, according to Grant Thornton’s latest CFO survey. Just 47% of CFOs expressed...

MIAMI, April 4, 2025 – eCapital Corp. ("eCapital"), a leading tech-enabled finance provider delivering custom solutions to businesses across North America and the United Kingdom, is pleased to announce the appointment of Michael Conrad as Senior Vice President, Business Development...

LIVONIA, Mich., April 4, 2025 – Virginia Tile, a division of Transom Capital Group-backed Artivo Surfaces, has announced the sale of its woodworking products distribution business to Wilsonart Engineered Surfaces ("Wilsonart"). This strategic move aligns with Virginia Tile's commitment to...

Velan Inc. (TSX: VLN), a world-leading manufacturer of industrial valves, has announced the successful completion of the permanent divestiture of its asbestos-related liabilities to an affiliate of Global Risk Capital at a cost to the company of approximately US$143 million....

Turbine Finance, a Santa Monica-based fintech platform, has officially launched from stealth mode with more than $121 million in funding to address the liquidity needs of private equity and venture capital investors. The company secured $13 million in Series A...

WILLIAMSVILLE, N.Y., April 2, 2025 /PRNewswire/ -- Rand Logistics, Inc. ("Rand"), a leading provider of marine bulk freight shipping and logistics services throughout the Great Lakes region, today announced the successful completion of a $525 million credit facility through its...