News

REDWOOD CITY, Calif. -- According to a recently published report by Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, global data center capex surged 51 percent to $455 billion in 2024....

NEWPORT BEACH, CA, – CoreTech Leasing, a premier independent technology and equipment lessor, is pleased to announce the addition of Carol Baker as Controller. In this role, Carol will oversee CoreTech's financial operations, ensuring accurate reporting, budgeting, and regulatory compliance,...

GRAND RAPIDS, Mich. — Blackford Capital has appointed Rick Lopez as managing director, the private equity firm announced Tuesday. Lopez, a finance and investment banking veteran with more than 25 years of experience, will lead Blackford’s fundraising strategy while also...

CLEVELAND -- Weinberg Capital Group (WCG) is pleased to announce its acquisition of Gavitt Wire & Cable Co., a century-old wire and cable manufacturer serving the aviation, military, industrial, sports & entertainment, and medical end markets. "We are excited to partner...

LOS ANGELES - Caltius Structured Capital closed a debt and equity investment in San Fernando-based Frazier Aviation, Inc. The financing was used to support a strategic partnership between the Company and Seven Point Equity Partners, LLC, an operationally-focused, value-oriented private...

Daniel's Jewelers, a 105 store nationwide jewelry retailer serving a growing and diverse customer base, closed on a new senior credit facility provided by SLR Credit Solutions, a provider of direct private credit to middle-market companies. Proceeds of the new...

Affiliates of Stellus Capital Management provided senior debt financing and an equity co-investment in support of CIVC Partners’ investment in Strategus in partnership with co-founders Dave Miles and Joel Cox, CEO Todd Porch and the broader Strategus management team. “Strategus...

GoDo has entered the asset-based lending industry with scalABLe, a dynamic SaaS solution designed to modernize outdated ABL technology. Originally developed in 2014 by and for ABL lenders, scalABLe (formerly Metavine) is a collateral and loan monitoring solution built on...

Austin Financial Services (AFS) closed a $4 million accounts receivable and inventory revolver facility, complemented by an M&E term loan, to support an equity group's acquisition of an integrated downhole drilling service and equipment solutions company. Proceeds from AFS' revolver...

Heidrick & Struggles International entered into a significant amendment to its existing credit agreement, according to a recent filing with the U.S. Securities and Exchange Commission. On Monday, the executive search firm expanded its financial flexibility by securing a $100...