News

Performance lifestyle brand Vuori secured an $825 million investment led by General Atlantic and Stripes, two global growth investors, along with a cohort of additional investors. The investment, structured as a secondary tender offer, raises the brand’s valuation to $5.5...

MMP Capital, an independent equipment leasing company, closed a $20 million investment-grade corporate note issuance. Proceeds from the BBB-rated transaction will support continued growth, primarily by funding new originations.

Dext Capital upsized its investment-grade corporate note. The proceeds will be used to fund new originations and growth initiatives. Brean Capital served as the company’s exclusive financial advisor and sole placement agent in connection with the transaction.

Capital Plus Financial, a community development financial institution and subsidiary of Crossroads Impact, participated in the Texas Micro-Business Disaster Recovery Loan Program, which provides access to capital for microbusinesses impacted by declared disasters.

GrowthCap released its list of the Top Private Debt Firms of 2024, including Golub Capital, Churchill Asset Management, GoldenTree Asset Management, TPG Twin Brook Capital Partners, Monroe Capital, Star Mountain Capital and more.

Winston & Strawn represented SPAC Advisory Partners, a division of Kingswood Capital Partners, as underwriters’ counsel, in connection with GSR III Acquisition, a blank check company, in the closing of its initial public offering.

First Business Bank’s accounts receivable financing implemented robotic automation, nicknamed “Astro,” powered by AI. The company plans to expand its implementation across multiple factoring operations in the future.

Global private equity and venture capital transaction value rose 65.8% to $63.28 billion in October, compared to $38.16 billion in the same period in 2023, according to new S&P Global Market Intelligence data and analysis.

SVB Financial Group’s chapter 11 plan of reorganization has become effective. On Aug. 2, 2024, the United States Bankruptcy Court for the Southern District of New York entered an order confirming the company’s chapter 11 plan of reorganization.

iHeartMedia and certain of its subsidiaries signed a transaction support agreement that covers approximately 80% of iHeartCommunications’ existing debt, which includes senior secured notes due between 2026 and 2028, as well as other outstanding term loans.