News

Gordon Brothers, the global asset experts, has completed the purchase of Big Lots and facilitated the U.S. closeout retailer’s going concern sale. The purchase enables the transfer of Big Lots’ assets, including its stores, distribution centers and intellectual property, to...

In a further unraveling of Wall Street’s commitment to climate coalitions, BlackRock, the world’s largest asset manager, announced its withdrawal from the Net Zero Asset Managers initiative. This move, reported by The Wall Street Journal, marks a continuation of major...

MonticelloAM closed a $22 million senior secured working capital facility, complementing the firm’s recent $400 million bridge financing for 29 Southeastern skilled nursing facilities. The working capital facility has a three-year initial term and will cover the day-to-day operating expenses...

Advanced Power, a developer, manager, and owner of diverse utility-scale energy-infrastructure assets, closed a $100 million corporate credit facility to further its corporate goals and company vision of advancing a sustainable, reliable energy future. The company was advised by PEI...

MidCap Business Credit completed a $6 million asset-based credit facility to a manufacturer and distributor of air purifying respirators located in the Northeast. The ABL credit facility is supported by a working capital revolver and a machinery and equipment term...

TAB Bank closed $103 million in credit facilities with nearly 400 companies during Q2/24. Financing included loans for working capital, equipment and commercial real estate, small business lines of credit and accounts receivable funding. The companies funded span numerous sectors,...

A Tiger Group live webcast auction on Jan. 16 will feature more than 50 new and late-model trucking assets — both tractor trucks — from International, Peterbilt, Freightliner, Paccar, Kenworth and Daimler, and reefer and dry van trailers from CIMC,...

SSG Capital Advisors served as the investment banker to Fluid Market and its affiliates d/b/a Fluid Truck in the sale of substantially all assets to Kingbee Rentals. The sale was effectuated through a Chapter 11 Section 363 process in the...

Dechert hired Jennifer Csik Hutchens as a partner in its corporate and securities practice. Hutchens leads Dechert’s healthcare regulatory practice and is a leader in the firm’s healthcare industry practice and cross-practice group healthcare initiatives. She is based in the...

MidOcean Partners, an alternative asset manager specializing in middle-market private equity, alternative credit and structured capital, led a $197.5 million structured equity investment in OWN Equipment Fund I, a newly formed special-purpose vehicle. The equity investment supported a $797.5 million...