News

COSTA MESA, CA – Riser Fitness, LLC, a multi-unit operator in the boutique fitness industry, secured an expanded credit facility to accelerate growth in the U.S. and expand internationally into Mexico as the master franchisee for Club Pilates. The facility,...

EverBank Financial Corp has received final regulatory approval to acquire Sterling Bank and Trust, F.S.B., in a $261 million cash transaction, the companies announced Friday. The deal, approved by the Federal Reserve Board and the Office of the Comptroller of...

NXT Capital has closed a senior credit facility to support L Squared Capital Partners' acquisition and recapitalization of Netrio, a Texas-based provider of managed IT services. The financing package will help L Squared integrate Netrio into its portfolio while supporting...

WESTPORT, CT – Post Road Equipment Finance (PREF) announced the successful closing of a $40 million sale-leaseback transaction with a leading global manufacturer of complex engine components for the aerospace and power generation industries. The manufacturer, a key supplier in...

Private equity (PE) acquisitions of physician practices are driving a 265% increase in physician turnover, according to a new study published in Health Affairs. While total clinician employment also rises post-buyout, researchers warn that high turnover could impact patient care...

NEW YORK – S&P Global Ratings has downgraded The E.W. Scripps Co. to 'CC' from 'B-' following the company's announcement of a debt restructuring proposal aimed at extending maturities on its senior secured term loans. S&P also removed all ratings...

SAN DIEGO – Heritage Global Capital (HGC), a subsidiary of Heritage Global Inc. (Nasdaq: HGBL) specializing in flexible funding structures for the Accounts Receivable Management (ARM) industry, today announced the appointment of Anastasia Suda as Executive Managing Director to lead...

NEW YORK – Barings, an investment manager, served as lead agent, arranger, and bookrunner on a debt financing to support AEA Investors’ recapitalization of Connexus Resource Group. “We are pleased to build on our more than 15-year relationship with AEA...

EisnerAmper has expanded its global network with the addition of EisnerAmper Luxembourg S.à r.l., positioning the firm to enhance its audit, tax, and advisory services in one of Europe's key financial centers. The move is part of the EisnerAmper Global...

Chicago, IL –  Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is pleased to announce the addition of Scott Schrenker to its construction team as a Business Development Manager. This new hire aligns with the company’s...