News

CohnReznick, one of the leading advisory, assurance and tax firms in the United States, has been recognized with two awards by Global M&A Network at its 15th annual Americas M&A Atlas Awards.

Republic Business Credit provided a $4 million factoring facility to a swimwear manufacturer. Because of its partnership with Republic Business Credit, the swimwear company has shipped more than 10 million orders for the upcoming spring swim season.

Aircastle amended and extended all of its existing revolving credit facilities, increasing the aggregate capacity of the facilities to $2.1 billion and extending the maturity dates to 2027 and 2028.

Investment bank Matrix Capital Markets Group advised Hicks Oils & Hicksgas Incorporated on the sale of its Hicks Oils lubricants business to Schaeffer Manufacturing Company.

The U.S. Bankruptcy Court of the Northern District of Alabama (Birmingham) approved the sales of four separate Burger King stores owned by Premier Kings, which filed for Chapter 11 bankruptcy protection last fall. Aurora Management Partners operated the franchise in...

Asset manager PineBridge Investments closed PineBridge Private Credit III (Fund III) as part of the firm’s lower-middle-market direct lending strategy. Inclusive of fund-level leverage, the firm’s private credit team raised $1.7 billion of capital in Fund III.

According to the inaugural European private data insights and outlook report on the direct lending market from KBRA DLD, a division of KBRA Analytics, M&A activity returned in Q4/23 after a slow pipeline for most of the year.

Alternative asset manager Blue Owl Capital and Lunate, an alternative investment manager headquartered in Abu Dhabi that manages $105 billion in assets, formed a joint venture to provide growth capital to mid-sized private capital GPs.

Tiger Group and AVGear.com are collaborating to conduct an auction of new, refurbished and certified professional audio-visual equipment. The two-day online auction will held from Feb. 20 to Feb. 21 and will feature more than $5 million in pro AV...

Funds managed by Ares Management’s credit group closed approximately $10.1 billion in U.S. direct lending commitments across 78 transactions during Q4/23 and approximately $22.4 billion in direct lending commitments across 217 transactions in 2023 overall.