News

Matrix Capital Markets Group, an independent investment bank, advised Singer Energy Group and its affiliates, d/b/a Robison, on the sale of its integrated heating oil distribution and HVAC services business to an affiliate of Star Group.

Overall commercial bankruptcy filings increased 8% in August 2024 to 2,562 from 2,358 in August 2023, according to data provided by Epiq AACER, a provider of U.S. bankruptcy filing data.

Thornburg Investment Management, a global investment firm, and Bow River Capital, an alternative asset manager, formed a joint venture to provide private credit solutions that support the needs of lower- and middle-market businesses.

Bregal Sagemount, a growth-focused private capital firm, held the final close for Bregal Sagemount Credit Solutions and Bregal Sagemount Credit Solutions-0. The fund closed on nearly $800 million of equity capital commitments.

Bain Capital Credit, a global credit specialist, invested $1.8 billion through its private credit group to support the growth of middle market and private equity-backed companies during H1/24.

nFusion Capital assisted two apparel companies with factoring facilities designed to support growth trajectories.

A series of online only auctions on September 10 and 24 features the Holland, MI plant of manufacturer Trendway. HyperAMS and Liquid Asset Partners are hosting the sales.

Harney Capital, a newly formed national boutique investment banking firm, is launching to provide comprehensive capital and M&A solutions designed for private and closely held middle market companies.

Rite Aid successfully completed its financial restructuring and emerged from Chapter 11. Through this process, Rite Aid has eliminated approximately $2 billion of total debt.

Aztec Group, an international fund and corporate services provider, welcomed Warburg Pincus, a leading global growth investor, as a strategic partner, which will see Warburg Pincus become a minority shareholder and key client of the group.