News

First Citizens Bank & Trust, the wholly owned banking subsidiary of First Citizens BancShares, purchased two office buildings in San Diego in support of the company’s growing presence in the Southern California region. First Citizens plans to occupy a portion...

Flatbay Capital closed a $1.5 million commercial real estate line of credit for an industrial logistics and transportation provider. The transaction provided the non-bank bridge capital needed to support a sudden ownership transition, address accumulating vendor payables and navigate a...

Tiger Group announced that restructuring and insolvency veteran Mitch Ryan has joined Tiger Commercial & Industrial (C&I) as senior director of business development. Prior to joining Tiger, Ryan held senior business development roles with Angeion / Donlin Recano & Company...

Pathward, a national bank focused on financial access, has appointed DJ Krystopa as managing director of business development. Based in Philadelphia, Krystopa joins Pathward’s working capital business development team, supporting efforts across the mid-Atlantic and Northeast regions of the United States....

Zeta Global, the intelligent AI infrastructure company, closed a new $1 billion credit facility to refinance its existing $550 million credit facility and lower its credit spreads. This new debt is a combination of $250 million term loan A and...

Cambridge Savings Bank (CSB), a full-service community bank with $7 billion in assets, increased an asset-based lending credit facility for Belle Brands, helping to fuel the company’s acquisition of Versed, a clean, solutions-driven skincare and makeup brand founded by Katherine...

TPG Twin Brook served as the administrative agent on: Leavitt Equity Partners and Fulcrum Equity Partners refinance of Pediatrics Plus and add-on of Cynergy Gainline Capital Partners’ refinancing of Core Health & Fitness

KORE Capital announced the success of its financing relationship with a growing government technology firm, demonstrating how flexible working capital can help businesses continue investing in innovation while supporting ongoing operations. The company, an established provider of IT services and...

Grant Thornton Advisors has entered into a definitive agreement pursuant to which it will acquire CBIZ in an all-cash transaction with an enterprise value of $5 billion. New Mountain Capital — which led a May 2024 investment in Grant Thornton...

Eagle Point Credit Management, an innovative private credit investment manager, provided strategic credit financing to Microporous, a manufacturer of advanced battery separators and a portfolio company of Trent Capital Partners. Elda River also participated in the financing. Eagle Point directly...