News

eCapital, a finance provider across North America and the United Kingdom, funded a $15 million confidential factoring plus inventory facility for a U.S.-based sponsor-backed beverage company.

Twain Private Credit launched its Truman Fund following approval from the U.S. Small Business Administration (SBA) for a new Small Business Investment Company (SBIC) license.

B. Riley Securities, a subsidiary of B. Riley Financial, served as financial advisor to Neurosurgery One, a neurosurgical and pain management practice, in its successful joint venture with AdventHealth, a nationwide network of non-profit hospitals and outpatient health care facilities.

Obra Capital, an asset management firm, partnered with the Solera Auto Finance (SAF) team in a management buyout from Solera. SAF will be rebranded as Arra Finance. The company will leverage these relationships for an expected Q3/24 market re-entry.

Inc. revealed that Asset-Based Lending (ABL) ranked No. 2,672 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America.

The American Bankruptcy Institute launched a website for professionals to share their experiences about the real-world impact of Subchapter V in helping small businesses reorganize and helping their creditors get paid.

Avon Products has initiated voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware to address its debt and legacy talc liabilities. Brazil-based Natura has committed up to $43 million in debtor-in-possession (DIP) financing.

Inc. revealed that eCapital, a tech-enabled finance provider across North America and the United Kingdom, ranked No. 1,968 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America.

Blink Fitness has voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the District of Delaware. In connection with the court-supervised process, Blink has received a commitment of $21 million in new debtor-in-possession financing from its...

B. Riley Securities, a middle market investment bank, served as exclusive financial advisor to Kimball Electronics in the successful completion of the sale of its automation, test and measurement (AT&M) business to Averna Technologies.