News

Arena Investors, LP, a global institutional asset manager, announced the final close of Arena Special Opportunities Partners Fund III and associated vehicles, inclusive of co-investments and programmatic capital, with $1.091 billion of commitments. Arena's flagship strategy has a 10-year track...

Research from the Boston Federal Reserve warns that increasingly close ties between traditional banks and the private credit industry may pose systemic risks to the U.S. financial system during an economic downturn. The private credit market has expanded dramatically from...

KKR, a leading global investment firm, announced that credit funds and accounts managed by KKR served as lead investors on a debt financing for Greenbriar Equity Group's acquisition of West Star Aviation. Since its founding in 1947, West Star has...

Boyne Capital announced that one of its affiliates has made a strategic investment in McNish, LLC, a provider of highly engineered products for the municipal water and wastewater treatment industries. McNish operates three distinct divisions: Walker Process Equipment, Amwell, and...

Matrix Capital Markets Group, Inc. announced it has advised Engineer's Associates, Inc. and its affiliates, d/b/a National Petroleum, on the sale of its petroleum marketing and convenience retail business to Poppy Markets, LLC, based in Union City, California. Headquartered in...

Aurora Management Partners announced that Glenn Bartley has joined the firm as Managing Director effective May 19, 2025. Bartley will oversee Aurora's presence in the Ohio and Midwest regions while providing financial advisory services on client engagements. Prior to joining...

SouthStar Capital recently completed three strategic financing transactions totaling $4.35 million, demonstrating the firm's ability to deliver customized working capital solutions across diverse industry sectors. The largest transaction involved a $4 million Accounts Receivable facility for a second-generation, family-run manufacturing...

NEW YORK, May 20, 2025 — INNOVATE Corp. (NYSE: VATE) announced that its subsidiary DBM Global Inc. ("DBMG") has entered into an amended and restated credit agreement totaling $220 million. The new agreement includes an $85 million term loan and...

SSG Capital Advisors, LLC ("SSG") served as the investment banker to Brightmark Plastics Renewal LLC and certain affiliates (collectively, "Brightmark Indiana" or the "Company") in the sale of substantially all assets to Brightmark Plastics Ashley HoldCo LLC ("Brightmark Parent"). The...

Edited Release NEW YORK — Yext, Inc. (NYSE: YEXT), a digital presence platform for multi-location brands, announced it has closed a $200 million senior secured term loan facility with funds and accounts managed by BlackRock. The facility enhances Yext's capital...