News

Red Cat, a drone technology company integrating robotic hardware and software for military, government and commercial operations, has entered into an agreement for up to $20 million and closed on the initial tranche of $16.5 million in debt financing with...

NXT Capital closed a senior credit facility designed to support Agellus Capital’s acquisition of CompassMSP.

Urgently, a U.S.-based provider of digital roadside and mobility assistance technology and services, reached an agreement with its lenders on a short-term extension to its term loan agreements while it continues to work on overall capital structure improvements. Urgently has...

A Tiger Group online auction on Feb. 25 features excess AV gear from Solotech. “Tiger Group is extremely pleased to have been selected by Solotech as the asset-disposition provider for its Southern California depot,” Jonathan Holiday, director of business development...

Solomon Partners, a financial advisory firm and independent affiliate of Natixis, expanded its financial institutions group with the hiring of Juan Guzman as a partner, and Faiz Vahidy and Matthew Cornish as managing directors. The trio previously worked at Houlihan...

Cascadia Capital served as the exclusive financial advisor to Riverview Landscapes, a portfolio company of Talus Group Holdings and a provider of landscaping and ice and snow management services, in securing a new debt facility led by Principal Alternative Credit....

Matrix Capital Markets Group advised Hutchinson Oil Company, a petroleum marketer and convenience retailer, on the sale of its petroleum marketing and convenience retail business to Circle K Stores. In Q4/24, Hutchinson sold its delivered fuels business to Hampel Oil...

Dechert advised Consor Holdings, a portfolio company of New Mountain Capital and a North American engineering and consulting firm, on its acquisition of Murfee Engineering Company (MEC), a Texas-based civil engineering firm specializing in water and wastewater. “The addition of...

First Business Bank welcomed Niamh Kristufek to its parent company, First Business Financial Services, as president of Specialty Finance. Kristufek brings extensive financial services experience to the role, providing strategic guidance and expertise to the bank’s accounts receivable financing, equipment...

Jared Cohen, a former senior partner at Fortress Investment Group, has joined Star Mountain Capital as a managing director. He will focus on sourcing and managing private market investments on the U.S. West Coast. Cohen brings more than 25 years...