News

Capteris closed a $15 million term loan with a North American logistics solutions provider. The loan was part of a larger refinancing package.

Thrasys, a subsidiary of UpHealth Holdings, and its sole subsidiary, Comprehensive Care Alliance, which has no operations, filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

Elavon Financial Services, a wholly-owned subsidiary of U.S. Bank, has been authorized as a licensed provider of financial services by the Bank of England.

NorthRock Partners and Sammons Financial Group formed a partnership aimed at enhancing and expanding a client-centric approach to the traditional wealth management industry.

Verdant Commercial Capital has surpassed $2 billion in equipment financing originations since the company’s inception in 2017. This milestone means the company has reached its second billion in half the time it took to reach its first billion.

According to research by Kroll Bond Rating Agency, primary market volumes for railcar asset-backed securities peaked in 2021, but volumes have fallen significantly over the past two years as the relationship between rising interest rates and asset yields has made...

With the increased risk of bankruptcy, transactional lawyers need to review and tighten their due diligence practices to protect their clients, according to Wolters Kluwer CT Corporation.

H.I.G. Capital, a global alternative investment firm with $59 billion of capital under management, and one of its affiliates completed the acquisition of a real estate portfolio in central Madrid, Spain, comprised of three buildings totaling 20,000 square meters.

Worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of 8% from 2023, according to the latest forecast by Gartner.

First Citizens Bank’s CIT Commercial Services subsidiary recently closed three major client financing transactions, including a $50 million factoring facility, as well as working capital facilities totaling over $16 million.