News

Enthusiast Gaming closed its previously announced debt financing transaction, pursuant to which the company received a non-revolving term loan in the principal amount of $2 million. The transaction was arranged pursuant to the terms of a forbearance and first supplemental...

Global law firm Greenberg Traurig advised Innovative Rocket Technologies (iRocket), a next-generation reusable space rocket developer, on the signing of a definitive merger agreement with BPGC Acquisition, a special purpose acquisition company. Upon closing of the proposed merger, iRocket is...

Jay Sidhu, chairman and CEO of Customers Bancorp, will be retiring as CEO of the company and transitioning to the role of executive chairman effective January 1, 2026. The organization has appointed Sam Sidhu to succeed J. Sidhu as CEO....

Michael “Mike” Kilgarriff joined Buchalter as a shareholder in its white collar and investigations group in Denver. Kilgarriff will also co-chair the firm’s state attorneys general group. “Mike’s extensive experience handling high-stakes matters involving nearly every attorneys general’s office in...

Amerisource Business Capital closed and funded a $2 million asset-based lending (ABL) facility for a Georgia-based manufacturer and distributor of wood trusses and wall panels. The proceeds were used to support the company’s continued growth and provide additional working capital...

KeyBank has unveiled its latest Middle Market Sentiment Report, offering a deep dive into the perspectives of over 750 senior executives from companies with annual revenues between $10 million and $1 billion. The report provides insights into economic trends, company outlooks, and strategic...

TAB Bank has closed $5 million in financing for Package Steel Systems, consisting of a $3.5 million revolving line of credit and a $1.5 million term loan. The funds will help the steel building manufacturer accelerate growth. “At TAB Bank,...

Innovative Solutions & Support (IS&S) entered a new five-year, $100 million committed credit agreement with a lending syndicate led and arranged by JPMorgan Chase Bank. The credit agreement replaces the company’s existing $35 million line of credit. Under the terms...

Progress Software, a provider of AI-powered digital experience and infrastructure software, entered into a fifth amended and restated credit agreement, which, among other things, increased the company’s revolving credit facility from $900 million to $1.5 billion and extended the maturity...

Tradewind Finance, an international trade finance firm, has provided working capital for a ready-to-go bubble tea global trader in the Baltics. The export financing is being used by the beverage maker to drive growth, optimize operations and strengthen international sales....