News

Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced the acquisitions of Lumonic Inc., a private credit portfolio monitoring and management platform, and Dealview Technologies Limited (DealX), a provider of standardized U.S. commercial mortgage-backed security (CMBS)...

America’s Car-Mart (NASDAQ: CRMT) has expanded its asset-based revolving credit facility to $350 million, up from its previous $320 million commitment, and extended its maturity date to March 31, 2027, the company announced Monday. The ABL Facility, administered by a...

Azzur Group, a key service provider to FDA-regulated pharmaceutical and biotech companies, has secured $23.5 million in debtor-in-possession (DIP) financing from M&T Bank to support ongoing operations as it navigates Chapter 11 bankruptcy proceedings. The financing will provide liquidity to...

Northleaf Capital Partners has closed its third private credit fund, securing more than $1 billion in capital commitments. The fund, Northleaf Private Credit III, will invest in mid-market private equity-backed companies and asset-based specialty finance portfolios. The firm, which has...

Jonathan Bloom—an asset-based lending and restructuring professional who brings decades of experience in commercial and industrial (C&I) and accounts receivable (A/R) assets has joined Tiger Group as Senior Director of Business Development. Bloom’s hiring further expands Tiger Group’s C&I and...

GA Group, a leading asset disposition, valuation, appraisal, and real estate services firm, today announced that Seth Marks has joined as Senior Vice President and Head of Wholesale Solutions. Marks is a recognized industry expert with over 30 years of...

Commercial Chapter 11 bankruptcy filings fell 42% in February 2025, dropping to 481 from 826 in the same month last year, according to data from Epiq AACER. The decline is attributed in part to two major filings in February 2024...

EisnerAmper has named David Frigeri as its Chief Artificial Intelligence Officer, a newly created role aimed at advancing the firm’s AI-driven initiatives. Frigeri, who brings more than 25 years of experience in artificial intelligence and machine learning, will lead efforts...

Gambling.com Group Limited (Nasdaq: GAMB) has expanded its credit facility to $165 million, securing a syndicate of lenders led by Wells Fargo Bank to enhance financial flexibility and support strategic growth initiatives. The amended credit agreement increases the company's existing...

Reynolds Consumer Products Inc. (Nasdaq: REYN) has successfully refinanced $1.645 billion of its existing term loan, extending its debt maturity to 2032 and securing improved borrowing terms, the company announced Tuesday. JP Morgan served as the lead-left arranger on the...