News

Stellus Capital Management, a company in lower middle market direct lending, closed Stellus Credit Fund IV (SCF IV). The firm met its fundraising target with approximately $1.5 billion of investable capital. SCF IV, the successor to Stellus Credit Fund III,...

SG Credit Partners, through its consumer products division, partnered with Rip Van, a snack brand offering low-sugar stroopwafels, wafers and cookies. SG’s debt facility will support Rip Van’s continued expansion as consumer demand for low-sugar indulgence snacks with cleaner ingredients...

B. Riley Securities, a full-service investment bank, served as lead bookrunner to Babcock & Wilcox Enterprises in its $230 million equity follow-on offering. The offering included participation from institutional and strategic investors, including Applied Digital, which purchased approximately 540,500 shares...

Middle market dealmakers are entering H2/26 with more confidence, but not without caution. According to TD’s survey of financial decision makers at ACG DealMAX, two-thirds (67%) of respondents say conditions are improving and 64% expect deal activity to increase over...

Great American (GA Group), a provider of advisory, valuation, field exam, liquidation, asset-based lending, investment banking, restructuring advisory and real estate services, and majority-owned by funds managed by Oaktree Capital Management, acquired Done Right Merchandising (DRM), a family-owned provider of...

Republic Business Credit added Lisa Osorio to the team as legal administrator. Osorio joins the expanding legal department as Republic continues to strengthen its operational infrastructure and support its growing national portfolio. She will report to Christy Morgan, vice president,...

Norm Law, an AI-native law firm built for institutional clients, added James Gerkis as a partner in its corporate transactions practice. Gerkis brings decades of experience advising clients on complex domestic and cross-border corporate transactions, including mergers and acquisitions, restructuring,...

A full-service marketing firm, based in the Midwest, required a flexible working capital solution to refinance its traditional bank facility, accommodate existing subordinated debt and support ongoing operations and future expansion without disrupting relationships with its enterprise clients. InterNex Capital...

SouthStar Capital closed a $650,000 working capital facility for a Lowcountry-based HVAC and commercial refrigeration company serving commercial customers throughout the Southeast. As the company secured additional commercial projects and expanded its operations, it required additional working capital to support...

Wingspire Capital provided an $85 million revolver to a market research data platform that provides insights, activation and measurement to thousands of advertising agencies, publishers and corporate customers across the globe. Proceeds of the revolving line of credit are being...