News

eCapital, a tech-enabled finance provider for middle-market businesses in North America and the UK, has successfully facilitated a $3 million confidential factoring line of credit for a consortium of companies providing critical services to the mining sector across Canada.

Crescent Private Credit Income, launched by Crescent Capital Group, will be made available on iCapital Marketplace. Through this collaboration, iCapital will provide Advisors Asset Management with access to its global network of wealth managers and advisors on the platform.

Kennedy Lewis Investment Management, an alternative credit firm, and the California State Teachers’ Retirement System (CalSTRS), entered a strategic partnership focused on senior corporate lending for non-sponsored borrowers.

Tiger Group’s advisory services division has facilitated the sale of athleisure lifestyle brand Outdoor Voices to consumer-focused investment manager Consortium Brand Partners.

Tortoise Capital and 503 Capital Partners have entered into a definitive agreement for 503 Capital to acquire Tortoise’s private credit platform. 503 Capital is a newly-formed entity comprising the investment and management team of Tortoise’s private credit division.

Middle market private companies in the Golub Capital Altman Index grew earnings by 11% during the first two months of Q2/24. Revenue grew 7% during the same period.

B. Riley Securities served as exclusive financial advisor to the special committee at Via Renewables, an independent retail energy services company, in the acquisition of the company by a corporate entity owned by William Keith Maxwell III, CEO and chairman...

StrategyCorps, a provider of deposit analytics and retail and small business checking-related solutions, and Estancia Capital Partners, a lower-middle market private equity firm, have successfully closed on a capital partnership.

Archwest Capital secured a significant growth investment from Bain Capital. Bain Capital and its affiliates will acquire a controlling stake in the company, with management, led by CEO Shawn Miller, retaining a significant minority stake.

Tiger Group and Liquidity Services plan to hold a series of court-ordered online auctions related to the bankruptcy of national energy services firm El Dorado Oil & Gas (Bankruptcy Case No. 23-51715). The first two auctions in the series close...