News

The Container Store Group, a retailer of organizing solutions, custom spaces and in-home services, successfully completed company its financial restructuring process and emerged from Chapter 11 bankruptcy protection. The company has implemented its plan of reorganization, confirmed by the U.S....

Coral Capital Solutions, a provider of financing solutions for small and medium sized enterprises, welcomed David Tilis as chief strategy officer. Tilis will be responsible for leading business development, expanding existing partnerships, adding new distribution channels and driving innovation in...

Hilco Real Estate has expanded its New York City office with the addition of four seasoned real estate professionals, enhancing the firm’s established presence in the Northeast region. Jeff Hubbard and Katie DeCoste join as senior managing directors and Christian...

Heritage Bank, a wholly-owned subsidiary of Heritage Financial, is expanding into Spokane, WA with the addition of James Krejci, senior vice president, commercial team leader; Timothy Engh, senior vice president, commercial banking officer; and Sean O'Regan, vice president, commercial banking...

Ocean Bank’s factoring division closed and funded a new $8 million factoring facility for a rapidly growing distributor of aviation parts.   “The client was experiencing rapid growth and was being limited by its small local factoring company, which had...

For a third consecutive year, David Kessler, CEO of CohnReznick, an advisory, assurance and tax firm in the United States, has been named to The Consulting Report’s Top 25 Consulting Firm CEOs list. Per The Consulting Report, “These CEOs are...

The Federal Deposit Insurance Corporation (FDIC) approved a Bank Merger Act (BMA) application submitted by WesBanco Bank to acquire and merge with Premier Bank. The resulting bank will operate in West Virginia, Indiana, Kentucky, Maryland, Michigan, Pennsylvania and Ohio, and...

Cloud Capital Funding, a provider of factoring, purchase order funding and supply chain finance solutions to businesses, has continued its plan to close a deal per week, with the latest being the funding of a $750,000 accounts receivable factoring facility...

Trinity Capital, an alternative asset manager, committed $30 million in growth capital to Elucent Medical, a medical technology company. “Elucent is disrupting the field of surgical guidance with its cutting-edge technology,” Lauren Cosentino, managing director, life sciences at Trinity Capital,...

Barings, a diversified real estate investment manager, jointly originated a $113 million debt package alongside affiliates of Apollo to refinance the Westin Indianapolis (the hotel) in downtown Indianapolis. An affiliate of KSL Capital Partners has owned the hotel since 2019....