News

A comprehensive Federal Reserve analysis has revealed the dramatic expansion of traditional banks' financial support for the burgeoning private credit industry, with large banks' total loan commitments to private equity and private credit fund sponsors reaching approximately $300 billion, or...

HOUSTON — Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported first quarter 2025 revenues of $150.5 million, net loss of $(7.1) million, or $(0.18) per diluted share, and adjusted EBITDA of $16.5 million. The strong performance coincided...

DALLAS and NEW YORK, May 29, 2025 — Frontier Infrastructure Holdings ("Frontier" or the "Company"), a leading developer of low-carbon infrastructure across the Mountain West and Texas, today announced a series of strategic developments that reinforce its leadership in scalable...

NEW YORK, May 29, 2025 — Kashable, a mission-driven fintech platform redefining credit for working Americans as an employer-sponsored voluntary benefit, today announced the closing of a $250 million credit facility. This financing will allow Kashable to continue to provide...

The U.S. economy contracted at an annualized rate of 0.2% in the first quarter of 2025, according to revised government data released Thursday. While the figure represents an improvement from the Bureau of Economic Analysis's initial estimate of a 0.3%...

Dechert recently advised both Graham Partners and E Tech Group on a recent transaction in which E Tech Group is acquiring JSat Automation (JSat). The acquisition grows E Tech's global footprint to ten countries and three continents and adds significant...

New York, NY, May 29, 2025 - Leading global professional services firm Alvarez & Marsal (A&M) announces the appointment of Richard H. Chen as a Managing Director within its Private Equity Performance Improvement (PEPI) group. Mr. Chen, a recognized end-to-end...

ROGERS, Ark. (5/29/2025)— Tiger Group will be hosting an online auction on June 11 for the assets of Shine Solar, a multi-state installer of residential and commercial solar systems that filed for Chapter 7 Bankruptcy in the Western District of...

NEW YORK, May 28, 2025 – AEA Investors' Private Debt group ("AEA Private Debt"), a leading provider of private credit to the middle market, today announced that it served as Administrative Agent, Joint Lead Arranger, and Joint Bookrunner for a...

NEW YORK, May 28, 2025 – Quiq Capital LLC ("Quiq") is pleased to announce the closing of the firm's inaugural revolving credit facility with Dime Community Bank. The facility provides the company with increased financial flexibility and liquidity to support...