News

Mavenir, a cloud-native network infrastructure provider building the future of networks, and its existing investor Siris, a private equity firm focused on investing and driving value creation in technology companies, have signed a comprehensive recapitalization with Mavenir’s lenders. This transaction...

Turning Rock Partners, a New York-based private investment firm, hired Shahid Khoja as head of credit. Khoja brings nearly 20 years of experience across public and private credit investing and leveraged finance, with deep expertise in opportunistic credit, structured products and special...

Republic Business Credit funded a $1 million non-recourse factoring facility for a Los Angeles-based fashion and textile manufacturer. Republic’s solution provided the company with an outsourced accounts receivable partnership, cash flow support and resources to identify the creditworthiness of its...

Blank Rome added partner David M. Clem and associate Megan A. Altobelli to its business litigation group and financial services industry team. As litigators and trial lawyers, Clem and Altobelli focus their practice on complex commercial litigation, primarily representing financial...

TradeCap Partners funded a $1 million purchase order finance facility for a Texas-based manufacturer of steel wire. The facility was structured to support the company’s growing production demands and address immediate working capital needs. The client, experiencing a surge in...

Global law firm Squire Patton Boggs continued the expansion of its private capital and cross border financing capabilities with the addition of a three-lawyer team in its private credit and direct lending practice group. Partner Cynthia Weiss, principal Stephanie F....

Paladin added two experienced leaders to its team. Jeffrey J. Wissink has joined the firm as partner, specializing in performance improvement, and Andrew Cowie has been named managing director, specializing in all aspects of restructuring and organizational transformations. A seasoned...

Layla Capital, a direct commercial real estate lender specializing in small to middle-market commercial real estate lending opportunities across the United States, closed its second fund, Layla Fund II. The initial closing includes $50 million in commitments from ultra-high-net worth,...

Matrix Capital Markets Group has advised TBC on the sale of Midas International, a franchisor of automotive repair and maintenance services, to Mavis Tire Express Services, a provider of automotive repair and maintenance services. The transaction marks a milestone for TBC,...

SouthStar Capital funded an accounts receivable (A/R) facility for a fast-growing omnichannel CPG company specializing in functional coffee and herbal tea blends. This early-stage company recently began receiving recurring purchase orders from a national retail chain and needed a reliable...