News

Accern completed a $200,000 factoring facility with Marco in order to boost cash flow and elevate its business.

Second Wind Consultants worked with Chase Bank to reorganize a consumer construction supply company through an Article 9 restructuring that resulted in a $2 million recovery for the bank.

Pantheon, a global private markets investor, launched Pantheon Global Private Equity Fund (PGPE), the latest addition to the firm’s growing global private wealth platform.

The U.S. Small Business Administration issued a “green light” letter inviting Hercules Capital to submit an application to obtain a license to form and operate a fourth small business investment company (SBIC) subsidiary, following the company’s recent presentation to the...

Heritage Global, an asset services company specializing in financial and industrial asset transactions, reported operating income of $2.8 million for Q3/23 compared to operating income of $3.5 million in Q3/22.

Kennedy Lewis Investment Management, an alternative credit manager, closed on $4.1 billion for Kennedy Lewis Capital Partners Master Fund III LP and its associated parallel and co-investment vehicles.

Small business loan approval percentages at big banks (more than $10 billion in assets) decreased again from 13.1% in September to 13% in October, according to the latest Biz2Credit Small Business Lending Index.

Anagram International, a foil balloon manufacturer, is pursuing a sale of the company and has entered into an agreement with a group of its lenders as the stalking horse bidders to acquire its assets, subject to higher or otherwise better...

Raistone ranked 43rd on the 2023 Deloitte Technology Fast 500, which showcases the 500 fastest-growing companies across North America in multiple industries. Raistone grew 3,786% during the three-year time period (2019-2022) analyzed for the awards.

Flexible workspace provider WeWork commenced a comprehensive reorganization to strengthen its capital structure and financial performance. As part of the reorganization plan, WeWork and certain of its entities filed for protection under Chapter 11 of the U.S. Bankruptcy Code.