News

CHARLOTTE, N.C.  – Capitala Group, a private markets investment firm focused on lower middle-market companies, announced the successful close of its latest fund at $1.0 billion in commitments, exceeding its initial target due to strong institutional demand. The fund includes...

Middle market business leaders are navigating economic uncertainty with a mix of caution and confidence, with a majority planning to hire and invest in 2025 despite ongoing concerns about inflation, interest rates, and regulatory changes, according to a new survey...

NEW YORK – Alvarez & Marsal (A&M), a leading global professional services firm, has appointed Andrew Harris as Managing Director in its Private Equity Performance Improvement (PEPI) Group and Co-Leader of the Commercial Excellence service line. Harris will focus on...

CHARLOTTE, N.C. – Barings, a leading global investment manager, has served as lead agent for an incremental senior secured facility, increased revolver, and delayed draw term loan to support Graham Partners’ portfolio company, Woodland Gourmet, in its acquisition of Sevillo...

Truist has expanded its middle market banking team in New Jersey with the hiring of veteran commercial banker Gino Di Saverio, who will lead the growing division. Di Saverio, who has more than 15 years of experience in commercial banking,...

PLANO, TX / BOSTON / NEW YORK – Audax Private Equity and Lovell Minnick Partners (LMP) announced a joint investment in Fortis, a leading payments technology provider for software developers, ERP customers, and scaling businesses. The investment, which closed on...

TORONTO – HEALWELL AI Inc. (TSX: AIDX) (OTCQX: HWAIF), a healthcare artificial intelligence company focused on preventative care, has entered into a $50 million credit agreement to support its acquisition of Orion Health Holdings Limited ("Orion Health"). The financing is...

DANIA BEACH, Fla. – Spirit Airlines (NYSE: SAVE) has successfully emerged from its financial restructuring, completing a consensual deleveraging transaction that equitizes approximately $795 million in funded debt. With a stronger balance sheet and enhanced financial flexibility, Spirit is now...

SAN FRANCISCO – Silicon Valley Bank (SVB), a division of First Citizens Bank, has entered into a strategic lending relationship with Pinegrove Venture Partners (“Pinegrove”), with the goal of deploying $2.5 billion in venture debt loans to technology and life...

NEW YORK – Andalusian Credit Partners (ACP), a middle-market direct lending platform, has expanded its senior leadership team with the appointment of Moses Awe as Chief Financial Officer and Sandy Climan as Senior Advisor. These strategic hires further ACP’s mission...