News

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and $7 billion in assets, provided a $10 million revolving line of credit, through its asset-based lending team, to Belle Brands, a portfolio of personal care companies of...

ServisFirst Bank, a subsidiary of ServisFirst Bancshares, hired David Sparacio as chief financial officer. A seasoned financial executive with over three decades of experience in banking and financial management, Sparacio will oversee the bank’s financial strategy, regulatory reporting and accounting...

The Freakonomics Radio Network (FRN) turned to Tiger Group for insights into “the going-out-of-business business.” Spurred by a spike in retail liquidations, FRN’s “The Economics of Everyday Things” podcast quizzed Bradley W. Snyder, executive managing director at Tiger Group, about...

Houlihan Lokey, the global investment bank, hired Carle Felton as a managing director in its capital markets group. Felton is based in Atlanta and will further strengthen the firm’s private capital financing capabilities for its global client base. “The extraordinary...

Mayer Brown welcomed Chad Richards to the firm’s Washington DC office as a partner in the global energy group. He joins from Kirkland & Ellis. “Chad’s experience and successes span the vast energy and infrastructure landscape,” Alex Chequer, leader of...

eCapital, a tech-enabled finance provider specializing in tailored solutions for businesses across North America, closed a $5 million factoring facility for a technology-driven automation company serving energy producers. Unable to secure traditional bank financing, the company needed a lender with...

Three Sixty Seven Advisors has successfully arranged a debt investment in The Stonewall Group, a portfolio company of South Oak Capital Partners, from Capitala Group. Three Sixty Seven served as the exclusive advisor to The Stonewall Group for the transaction....

Forbes recently unveiled its 2025 America’s Best Banks list, and Republic Bank secured the No. 9 position nationally. “We’re incredibly honored to have made Forbes respected America’s Best Banks list again this year, moving into the top 10 in 2025,”...

FreightCar America, a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, closed a new asset-based lending credit facility with Bank of America. The new ABL credit agreement will provide FreightCar America with a $35 million revolving...

Ares Credit funds served as the administrative agent on $300 million in incremental debt financing for Tempus AI, a technology company aiming to lead the adoption of AI to advance precision medicine and patient care. The financing is intended to...