News

Weltman, Weinberg & Reis, a full-service creditors’ rights law firm with over 94 years of client service, added attorneys Danielle Bechard and Jacob Kruer to the firm’s Cincinnati office. Bechard is in the consumer collections group and Kruer is in...

Post Road Equipment Finance (PREF) closed an $80 million sale-leaseback transaction with a global manufacturer of precision castings. This transaction provides the manufacturer with immediate liquidity to fund critical investments in new equipment. “This is a testament to the value...

CBB Bancorp, the parent company of Commonwealth Business Bank, appointed Alex Ko as executive vice president and chief operating officer, effective Jan. 2, 2025. Ko brings over 27 years of experience in banking and finance, including leadership roles as senior...

Celtic Capital provided a $1.32 million equipment-only loan to meet the needs of a Pacific Northwest company that was acquiring the assets of a long-time precision machine shop working in the aerospace, defense and theme park industries. A valued intermediary,...

Beth Johnson, vice chair and chief experience officer of Citizens Financial Group, will retire from the bank, effective March 3. Johnson, a member of the bank’s executive committee, currently oversees a portfolio that includes customer experience and digital design, data...

UMB Financial will close the acquisition of Heartland Financial USA. As a result, UMB’s asset size will increase to approximately $68 billion (based on assets as of Dec. 31, 2024), expanding its geographic footprint from eight to 13 states. The...

Ares Management funds closed a $275 million credit facility with ID.me, a digital identity wallet. Ares also plans to make a substantial equity investment in ID.me. Proceeds will fuel ID.me’s continued acceleration, as ID.me aims to revolutionize the way Americans...

Boldyn Networks, a company completed approximately $1.2 billion in debt financing, consisting of senior secured credit facilities and fixed rate notes, to accelerate its capital investment to grow and expand its footprint throughout the U.S. market. The financing was supported...

BC Partners Credit, the $8 billion credit arm of BC Partners, an approximately $40 billion AUM alternative investment firm, along with Mount Logan Capital, a Canadian alternative asset management company internally managed by employees of BC Partners Credit, closed a...

Trinity Capital, an alternative asset manager, has committed $25 million in growth capital to Wisetack, a pay-over-time platform for home services. “Wisetack stood out for its exceptional growth trajectory, stellar customer experience and strong position in a very large market....