News

Verano, a multi-state cannabis company, closed a $195 million senior secured term loan under a new credit agreement led by Needham Bank, a Massachusetts commercial bank, as administrative and collateral agent, and Chicago Atlantic Financial Services as co-administrative agent. Simultaneous...

A fund managed by Keystone recently invested $44 million of its $50 million commitment in a senior secured credit facility that supports an AI and tech-focused national specialty finance company. The facility enables the company to continue to purchase, grow and...

Eagle Point Credit Management, a private credit investment manager, provided a $28.5 million senior secured term loan to Heritage Energy Storage DevCo I, owned by Heritage Energy, a Texas-based solar and storage developer. Heritage Energy is an independent company to...

Solifi, a global provider of secured finance software solutions, appointed Kevin Smith as chief legal officer (CLO). In this role, Smith will manage global legal strategy, corporate governance, regulatory compliance and risk management. Smith brings more than 25 years of...

CohnReznick, a professional services firm, expanded its private equity practice. Scott G. Sachs has been named private equity practice leader. “Private equity success is about speed, confidence, and execution,” Scott Sachs, private equity leader at CohnReznick, said. “Our expanded private...

A Tiger Group online auction opening on March 26 features geotechnical equipment inventory originally valued at $3.5 million, along with diverse machinery and equipment (M&E), tools, rolling stock, material-handling assets and more. The timed, online auction at SoldTiger.com opens on...

Charlie Harris, finance partner at Haynes Boone, has assumed the position of Charlotte office managing partner, a role in which he will lead strategic growth initiatives, deepen community engagement and continue building on the culture and foundation established by prior...

FIS Asset Finance appointed Geert Pick as head of sales, North America and Europe – asset finance. In this role, Pick will lead regional sales strategy, focusing on accelerating growth, strengthening client relationships and expanding partnerships across the global asset...

SouthStar Capital provided an accounts receivable financing facility to support the funding of a technology company operating in the clinical research sector. The funding will be used to help cover payroll and provide working capital as the business continues developing...

First Business Bank’s accounts receivable financing team recently funded an $11.5 million factoring and inventory finance facility to a client operating in the food and beverage sector. “Our client is one of the fastest growing brands in its product sector,” Bill Elliott, president...