News

DDN, a global company in AI and data intelligence solutions, received a $300 million investment from funds managed by Blackstone Tactical Opportunities at a $5 billion valuation. DNN will use the investment to help fund its continued growth as it...

Huntington Business Credit closed $23 million in new credit facilities with HCI-TSM, a Tier 1 manufacturer of customized automotive components for powertrain, driveline, and chassis applications. Proceeds of the facility were used to refinance existing debt and provide ongoing capital...

TPG Twin Brook recently served as administrative agent on debt financing to support: EagleTree Capital’s refinancing of Nasco, which includes two separate companies, Nasco Healthcare and Nasco Education, that focus on the healthcare training and educational end markets Carlson Private...

Origis Energy, a renewable energy and decarbonization solution platform, closed financing for the Swift Air Solar project in Ector County, Texas. The $415 million funding package includes construction, term debt and tax equity financing from Natixis Corporate & Investment Banking...

BMO and Canal Road Group, an alternative asset manager specializing in the originating, underwriting and managing portfolios of senior secured corporate debt investments for companies in North America sourced largely from sponsors, are entering into a strategic partnership. As part...

Compass Diversified, an owner of middle market businesses, entered into a first incremental facility amendment to its existing credit agreement with Bank of America as administrative agent for the lenders party thereto. The amendment modifies the company’s third amended and...

New Mountain Capital, a growth-oriented investment firm, entered a definitive agreement to acquire Machinify, a provider of AI-powered software transforming healthcare payments. Machinify will become a core part of the company recently formed through the merger of The Rawlings Group,...

UMB Financial and Heartland Financial USA received the necessary regulatory approvals from the Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System to complete the previously announced acquisition of Heartland by UMB....

A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and GIC, a global institutional investor, have completed the acquisition of minority stakes in Pye-Barker Fire & Safety, a fully integrated and full-service fire protection, life safety and security...

Flatbay Capital provided a $4.4 million commercial real estate loan to an international catalyst-handling company for the refining, chemical, petrochemical and processing industries. The company’s performance suffered during the COVID-10 pandemic. The business tried to establish banking relationships; however, banks...