News

CHICAGO /PRNewswire/ -- InvestBev Credit, a financial solutions provider in the alcohol beverage industry, announced a new strategic financing partnership with Lofted Custom Spirits, the contract sales arm that sells both Bardstown Bourbon and Green River whiskey as part of...

As economic turbulence intensifies in Q1/2025, asset-based lending (ABL) faces growing scrutiny over asset quality across sponsored and non-sponsored deals. Bank ABL providers, independent ABL firms, and private credit strategies deploying ABL facilities are grappling with deteriorating collateral values, rising...

SAN FRANCISCO — Genetic testing company 23andMe Holding Co. (Nasdaq: ME) filed for Chapter 11 bankruptcy protection in the Eastern District of Missouri on Saturday and secured up to $35 million in debtor-in-possession (DIP) financing from JMB Capital Partners to...

SAN FRANCISCO — Plenty Unlimited Inc., a vertical farming startup, has filed for Chapter 11 bankruptcy protection and secured $20.7 million in debtor-in-possession (DIP) financing to support continued operations during its restructuring, the company announced Sunday. The filing, made in...

NEW YORK — Turning Rock Partners, a women-founded and led private investment firm, has released its 2025 white paper, State of the Markets & Private Credit Outlook, offering analysis on current market conditions and highlighting the resilience and potential of...

BOSTON /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, is pleased to announce that Crista Gilmore has been promoted to Managing Director within the firm's Building Products & Construction Services Group. This appointment reflects the exceptional dedication...

CHICAGO — Kevin A. Krakora, senior managing director at Getzler Henrich & Associates LLC, has been named a Fellow of the American College of Bankruptcy, an honor recognizing significant contributions to the field of bankruptcy and insolvency. Krakora is part...

KLX Energy Services Holdings, Inc. (NASDAQ: KLXE), an onshore provider of oilfield services servicing the Permian, Eagle Ford, Rockies, Bakken, Marcellus, Utica and MidCon basins, has closed a comprehensive refinancing transaction. The refinancing included the issuance and sale to certain...

RALEIGH, N.C., /PRNewswire/ -- Suntera Fund Services, a provider of bespoke fund and loan administration and loan agency services for private credit funds, has partnered with Tenor, the AI-powered platform optimizing private credit operations. This collaboration enables Suntera to leverage...

MENLO PARK, Calif., (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) , a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided two operational updates. On March 18, 2025,...