News

Rite Aid successfully completed its financial restructuring and emerged from Chapter 11. Through this process, Rite Aid has eliminated approximately $2 billion of total debt.

Aztec Group, an international fund and corporate services provider, welcomed Warburg Pincus, a leading global growth investor, as a strategic partner, which will see Warburg Pincus become a minority shareholder and key client of the group.

North Mill Equipment Finance, an independent commercial equipment lender located in Norwalk, Connecticut, closed its eighth asset-backed securitization (ABS), NMEF Funding 2024-A.

Lumio, a company in personalized renewable energy, filed voluntary petitions for relief under Chapter 11 in the United States Bankruptcy Court for the District of Delaware to complete a value-maximizing sale process and strengthen its financial position.

CapitalPlus Financial Services, a provider of factoring solutions to the construction industry, assisted a concrete and rebar contractor based in Alabama with a $460,000 facility to support working capital needs.

Spire Global entered into a waiver and amendment to its current financing agreement with Blue Torch Capital. The waiver and amendment waives events of default, amends financial covenants, provides for an amendment fee and allows for a reduction in the...

Citizens served as the exclusive financial advisor to GHK Capital Partners, a middle-market private equity firm based in Greenwich, CT, on its acquisition of NY-based Horizon Group.

CohnReznick, an advisory, assurance and tax firm in the United States, is relocating its Dallas, Texas office operations to The Star in Frisco, Texas. The move provides greater amenities to the growing team of approximately 75 employees currently working from...

Cync Software, a provider of lending solutions to banks, credit unions and other financial institutions, launched Cync Syndicated Lending, a cloud-native solution designed to automate servicing of both syndicated and participation loans.

First Business Bank’s accounts receivable financing group funded a $2 million factoring facility for a facility services provider that provides various maintenance services for corporate clientele.