News

Austin Financial Services (AFS) closed a $4 million asset-based lending (ABL) facility comprised of an accounts receivable revolver to a dynamic third-party logistics and eCommerce order fulfillment provider. The company sought an experienced partner with lending expertise in their industry...

Utica Leaseco, LLC has provided a $1.625 million capital lease to a coal mining company, securing the deal with machinery and equipment. The funding will help the company expand operations and improve efficiency across multiple locations.This marks the sixth equipment...

MIAMI, March 4, 2025 — eCapital Corp. (“eCapital”), a leading technology-enabled provider of financing for small and medium-sized businesses (SMBs) across North America and the U.K., announces Dan Ambrico as President of its Commercial Finance division. Following eCapital’s acquisition of...

– The Dixie Group Inc., a leading manufacturer of carpet and rugs, disclosed the establishment of a new $75 million credit line with Fifth Third Bank, a move aimed at enhancing financial flexibility amid its middle-market operations. This facility replaces...

– Pritzker Private Capital, a family-owned private equity firm, announced its agreement to acquire Buckman, a global specialty chemical company, from Peninsula Pacific Strategic Partners. This transaction bolsters Pritzker Private Capital’s portfolio in the industrial sector, adding Buckman’s expertise in water...

– Glass House Brands Inc., a vertically integrated cannabis company, announced the completion of a $50 million senior secured loan from an undisclosed private lender. This financing strengthens Glass House Brands’s operational and growth strategy within California’s burgeoning cannabis market, providing...

Solifi, a financial technology firm specializing in secured finance solutions, has named Karan Oberoi as its Chief Product Officer. Oberoi joins Solifi with extensive experience in financial technology, having previously served as Chief Product Officer at Backbase, a Netherlands-based engagement...

– Latham & Watkins LLP, a global law firm renowned for its financial and transactional expertise, announced the expansion of its Investment Funds practice in New York with the addition of seasoned professionals to its team. This strategic move enhances...

– Nuvation Bio Inc., a clinical-stage biopharmaceutical company focused on oncology, announced a landmark financing agreement with Sagard Healthcare Partners, securing up to $250 million in non-dilutive capital to accelerate its drug development pipeline. This transaction, comprising a mix of royalty...

– First Eagle Investments, a prominent independent investment management firm, revealed on March 3, 2025, a significant milestone in its growth trajectory with a majority investment from private equity funds managed by Genstar Capital, as detailed on Business Wire Business...