News

An affiliate of H.I.G. Capital has signed a definitive agreement to sell its portfolio company Acqua & Sapone to funds managed by TDR Capital, a European private equity firm. H.I.G. and the Barbarossa family will retain a significant equity stake...

Haynes and Boone advised AI innovator Awaken Intelligence in a cross-border strategic partnership and equity investment in Creovai, an affiliate of IAG Capital Partners. At the same time, Creovai also acquired 100% of the assets of CollapIP (Tethr).

Citi is strategically investing in Numerated and engaging the company to provide its financial spreading solution for the bank’s enterprise lending operations. Citi made the investment through its markets strategic investments unit.

Hertz Corporation intends to offer, subject to market and other conditions, $500 million in aggregate principal amount of first lien senior secured notes due 2029 and $250 million in aggregate principal amount of exchangeable senior second-lien secured PIK notes due...

Castlelake, a global alternative investment manager specializing in asset-based private credit investments, has reached an agreement to purchase up to $1.2 billion of consumer installment loans from Upstart, an artificial intelligence (AI) lending marketplace.

Persistent inflation continues to influence the Fed’s decision making in 2024, amidst ongoing moderation in overall economic and labor conditions. These factors create a complex and mixed outlook for commercial real estate assets, according to Cushman & Wakefield.

Peach Finance, a modern servicing technology platform, entered into a partnership with Pipe, helping the modern capital platform power its working capital solutions.

TD Bank launched TD Innovation Partners (TDIP), a division of The Toronto-Dominion Bank. TDIP, led by Shez Samji, is a new full-service team providing high-touch banking and financing solutions in support of technology and innovation companies at all stages.

Following on the announcement that Fisker Group filed for Chapter 11 protection in the District of Delaware, Fisker and its other U.S. subsidiaries have entered into Chapter 11. The company’s discussions regarding the sale of its assets remain ongoing.

Sumsub, a global full-cycle verification platform, is partnering with Finastra, a global provider of financial software applications and marketplaces, to support financial institutions worldwide with their compliance processes.