News

On behalf of a secured creditor, Tiger Group and Liquidity Services are accepting offers on a large amount of advanced EV battery manufacturing equipment — brand-new and still in its original crates. Originally acquired at a cost of approximately $82...

Monroe Capital acted as joint lead arranger on the funding of a senior credit facility to support the investment in Global, the Source by Platinum Equity.

Universal Kraft Canada Renewables, a joint venture between Korkia and Universal Kraft, secured a $15 million initial commitment credit facility, expandable to up to $50 million, with American asset-based lender Crayhill Capital Management. “The successful closing of this transaction validates...

Amerisource Business Capital closed and funded a $2 million ABL revolving line of credit, leveraging A/R and inventory, for a mechanical repair service provider catering to construction companies and contractors in the Midwest. This facility will support the company’s rapid...

 Provident Bank, a New Jersey-based financial institution, added Bill Fink as executive vice president, chief lending officer, leading the commercial bank and the commercial lending growth strategy. Fink has over 30 years of experience in commercial banking and credit administration...

Grant Thornton, a brand of professionals providing end-to-end audit, assurance, tax and advisory services, released industry-specific data from its State of Work in America survey. Respondents shared their thoughts on the latest trends in employee attitudes, desires and concerns across...

Blank Rome added James “Jim” M. Cretella and Ikhwan A. Rafeek to its finance, restructuring and bankruptcy group in New York. Cretella and Rafeek represent institutional and specialty lenders, banks and commercial finance and factoring companies in a variety of...

LSQ, a provider of working capital and payments management solutions, recently originated a $2.5 million accounts receivable credit facility for a Minnesota-based producer of snack foods. As part of the partnership, LSQ will also provide the company with comprehensive accounts...

Global private equity and venture capital transaction value totaled $35.28 billion in January, down slightly compared with January 2024, according to new S&P Global Market Intelligence data and analysis. Key highlights from the analysis include: The number of global private...

SelectQuote, a distributor of Medicare insurance policies and owner of a rapidly-growing healthcare services platform, signed a $350 million investment from funds managed by Bain Capital, Morgan Stanley Private Credit and Newlight Partners. The transaction positions the company to continue...