News

Stellus Capital Management’s affiliates provided senior debt financing and an equity co-investment in support of Northlane Capital Partners’ (NCP) investment in United States Drug Testing Laboratories (USDTL), a forensic toxicology laboratory testing for alcohol and substance use. “For more than...

Ameresco, a cleantech integrator specializing in energy efficiency and renewable energy, refinanced and expanded its term loan and revolving credit facility. The company entered into a sixth amended and restated senior secured credit agreement with a syndicate of lenders, including...

The Container Store Group, a retailer of organizing solutions, custom spaces and in-home services, successfully completed company its financial restructuring process and emerged from Chapter 11 bankruptcy protection. The company has implemented its plan of reorganization, confirmed by the U.S....

Coral Capital Solutions, a provider of financing solutions for small and medium sized enterprises, welcomed David Tilis as chief strategy officer. Tilis will be responsible for leading business development, expanding existing partnerships, adding new distribution channels and driving innovation in...

Hilco Real Estate has expanded its New York City office with the addition of four seasoned real estate professionals, enhancing the firm’s established presence in the Northeast region. Jeff Hubbard and Katie DeCoste join as senior managing directors and Christian...

Heritage Bank, a wholly-owned subsidiary of Heritage Financial, is expanding into Spokane, WA with the addition of James Krejci, senior vice president, commercial team leader; Timothy Engh, senior vice president, commercial banking officer; and Sean O'Regan, vice president, commercial banking...

Ocean Bank’s factoring division closed and funded a new $8 million factoring facility for a rapidly growing distributor of aviation parts.   “The client was experiencing rapid growth and was being limited by its small local factoring company, which had...

For a third consecutive year, David Kessler, CEO of CohnReznick, an advisory, assurance and tax firm in the United States, has been named to The Consulting Report’s Top 25 Consulting Firm CEOs list. Per The Consulting Report, “These CEOs are...

The Federal Deposit Insurance Corporation (FDIC) approved a Bank Merger Act (BMA) application submitted by WesBanco Bank to acquire and merge with Premier Bank. The resulting bank will operate in West Virginia, Indiana, Kentucky, Maryland, Michigan, Pennsylvania and Ohio, and...

Cloud Capital Funding, a provider of factoring, purchase order funding and supply chain finance solutions to businesses, has continued its plan to close a deal per week, with the latest being the funding of a $750,000 accounts receivable factoring facility...