News

H-Food and certain of its affiliates entered into a global restructuring support agreement with its key stakeholders. To consummate the transactions contemplated under the agreement, the company has filed voluntary petitions for prearranged Chapter 11.

M&A announcements have showed signs of increasing in 2024 but remain below pre-pandemic levels and are far off 2021’s record levels, according to S&P Global Market Intelligence. Achieving new peaks will take time, and major M&A players can set the...

Big Lots received court approval for the sale of substantially all of the company’s assets and ongoing business operations to an affiliate of Nexus Capital Management. The sale, which is subject to customary closing conditions, is expected to close in...

CohnReznick, an advisory, assurance and tax firm, has been named Audit Firm of the Year: Overall in Hedgeweek’s 2024 U.S. Awards.

Twin Hospitality Group, the operating unit for FAT (Fresh. Authentic. Tasty.) Brands’ Twin Peaks and Smokey Bones restaurant brands, has priced the issuance of new notes to refinance its whole business securitization credit facility originated in October 2021.

Public debt markets have grown, but not at the expense of the $1.5 trillion private markets, which continue their rapid expansion, according to S&P Global Market Intelligence. The convergence of public and private credit markets is expected to continue into...

SSG Capital Advisors served as the investment banker to Anada, OvaInnovations and Crimson in the sale of substantially all its assets to Veos USA. The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court...

Blue Bear Capital, a venture and growth equity firm focused on AI-powered solutions for energy, infrastructure and climate challenges, closed its $160 million fund III and additional follow-on vehicles.

Pathward expanded its partnership with BridgePeak Energy Capital to implement a digital-first renewables loan platform. The partnership is aimed at facilitating industry innovation and the continued growth of clean energy and rural economic development.

Biz2Credit’s 2024 Top Small Business Industries Study found that manufacturing companies achieved the highest average revenue ($1.2 million), the highest average credit scores (676) and had the longest established businesses (oldest average age of business, 8.8 years).