News

Forum Investment Group, a private real estate investment management firm specializing in the multifamily sector, closed one of its investment vehicles specializing in multifamily private credit. Forum exceeded its target raise by 2.2x.

SG Credit Partners, through its software and technology division, partnered with Shipwell, a multimodal transportation management system, to provide senior debt investment in the company.

CapitalPlus Financial Services, a provider of construction factoring solutions, funded a $500,000 factoring facility for an Illinois-based interior finishing contractor.

Spirit Airlines is seeking new financing from creditors and an exchange that would extend its current debt; otherwise, the company would be forced into bankruptcy, a Bloomberg report says.

A new study from Juniper Research, a company of experts in fintech and payment markets, has revealed the value of eCommerce fraud will rise from $44 billion in 2024 to $107 billion in 2029, a growth of 141%.

Valiant Energy Solutions, an energy services company, entered a strategic partnership with Cambridge Savings Bank (CSB), a mutual bank with a customer-first approach and over $7 billion in assets.

Soilmec North America and SLR Equipment Finance entered into a strategic partnership that provides custom financing solutions for Soilmec North America’s end users.

Chartbeat, a media software platform and a portfolio company of Cuadrilla Capital, received a strategic growth investment from the private credit group of Bain Capital. Bain Capital will join Cuadrilla as an institutional investor in Chartbeat.

Robertshaw U.S., a global design, engineering and manufacturing company, successfully completed its chapter 11 sale and restructuring. Latham & Watkins represented Robertshaw in the matter with a global, cross-practice team.

Vista Outdoor entered into a definitive agreement with funds managed by Strategic Value Partners, an alternative investment firm, to sell Revelyst in an all-cash transaction based on an enterprise value of $1.125 billion. Morgan Stanley is acting as sole financial...