News

UMB Financial will close the acquisition of Heartland Financial USA. As a result, UMB’s asset size will increase to approximately $68 billion (based on assets as of Dec. 31, 2024), expanding its geographic footprint from eight to 13 states. The...

Ares Management funds closed a $275 million credit facility with ID.me, a digital identity wallet. Ares also plans to make a substantial equity investment in ID.me. Proceeds will fuel ID.me’s continued acceleration, as ID.me aims to revolutionize the way Americans...

Boldyn Networks, a company completed approximately $1.2 billion in debt financing, consisting of senior secured credit facilities and fixed rate notes, to accelerate its capital investment to grow and expand its footprint throughout the U.S. market. The financing was supported...

BC Partners Credit, the $8 billion credit arm of BC Partners, an approximately $40 billion AUM alternative investment firm, along with Mount Logan Capital, a Canadian alternative asset management company internally managed by employees of BC Partners Credit, closed a...

Trinity Capital, an alternative asset manager, has committed $25 million in growth capital to Wisetack, a pay-over-time platform for home services. “Wisetack stood out for its exceptional growth trajectory, stellar customer experience and strong position in a very large market....

Leste Group, a global alternative investment manager, has established a $330 million credit facility for Billor, a company committed to empowering truck drivers to achieve the American Dream through entrepreneurship. Under this facility, Leste will acquire truck leases from Billor...

Hilco Global, an international financial services company specializing in valuation, monetization and advisory solutions, made two key business development appointments. Kyle Murphy has been named head of financial sponsor coverage and managing director for Hilco Global Advisors, and Kate Madine...

U.S. Bancorp, the parent company of U.S. Bank, appointed Felicia La Forgia and Sekou Kaalund to its managing committee, a group of executives who oversee the organization’s revenue lines, enabling functions and independent risk teams. “One of the most important...

Seward & Kissel promoted Robert Wood to partner. A member of the corporate group working from Seward & Kissel’s New York City office, Wood is a key member of the firm’s finance practice. He advises clients on a broad range...

CoreVision Strategies has strengthened its banking and financial expertise with the appointment of Derek A. Holley as managing director. With nearly 40 years of experience in public accounting, middle market banking, and asset-based lending, Holley brings a wealth of knowledge...