News

In a surprising twist, The Wall Street Journal reported that investors are beginning to weigh the possibility of a Federal Reserve rate hike in 2025 — a scenario that seemed implausible just months ago after aggressive rate cuts in 2024....

Affiliates of Stellus Capital Management provided senior debt financing and an equity co-investment in support of CCMP Growth Advisors’ acquisition of Combined Caterers, an event management and catering services provider. “We’ve been impressed with the stellar reputation and growth Combined...

Second Avenue Capital Partners (SACP), a Schottenstein affiliate, along with Alpha Wave Global and Sagard Credit, closed a new term loan and revolving credit facility for True Religion Apparel. SACP served in various roles for this transaction including as sole...

Moritt Hock & Hamroff (MH&H) welcomed Ira S. Zaroff and Richard M. Zaroff to the firm’s growing litigation practice, working out of its New York City office. I. Zaroff joins the firm as a partner while R. Zaroff joins as...

Amerisource Business Capital closed and funded a $3.5 senior credit facility for a Texas-based private equity firm specializing in technology consulting and investment. “Our partnership with this company is primed to drive growth and create new opportunities for both organizations,”...

The sharp rebound in bank M&A that many expected in 2024 did not quite materialize as the number of deals remained below historic averages, according to S&P Global Market Intelligence data. Key highlights from the analysis include: The number of...

Churchill Asset Management, an investment-specialist of Nuveen that provides customized financing solutions to U.S. middle market-focused private equity sponsors and their portfolio companies, provided a second lien debt and minority equity investment to support Tenex Capital Management in the strategic...

Abacus Finance Group, a provider of cash flow-based, classic senior debt for sponsor-led acquisitions of middle-market companies, served as senior secured credit facilities administrative agent and lead arranger to support the acquisition of Senproco and Groomer’s Choice by Harbour Group....

Global professional services firm Alvarez & Marsal (A&M) appointed Nathan Ray as a managing director within its healthcare industry group. Ray’s hiring exemplifies the practice’s continued growth, dedicated senior talent investments and expansion of offerings at the intersection of healthcare...

Porter Capital, a company providing financial solutions to businesses, funded $2.5 million to an IT staffing and consulting company based in Maple Grove, Minnesota. The funding from Porter Capital will play a pivotal role in advancing the company’s strategic growth...