News

Cicada Partners, a credit risk management company, and Atlendis Labs, a private credit financial technology company, jointly announced a strategic and exclusive partnership to launch short-duration private credit opportunities, with an initial focus on asset-backed lines of credit.

Tiger Group will conduct an online auction of food production, processing and packaging equipment on Dec. 12. The auction is part of a court-ordered bankruptcy sale featuring assets from Lemnature AquaFarms’ multimillion-dollar production and R&D plants.

Epiq Corporate Restructuring Group was named a winner of the M&A Advisor's Consumer Discretionary Deal of The Year award in the more than $100 category. The award honors Epiq Corporate Restructuring Group and its role in the $1.59 billion restructuring...

Neptune Wellness Solutions, a consumer-packaged goods company focused on lifestyle brands, and its nutraceuticals brand subsidiary, Biodroga Nutraceuticals, entered into an accounts receivable factoring facility and inventory finance rider with Alterna Capital Solutions.

Timber Pharmaceuticals announced that all "first day" motions related to the company's voluntary Chapter 11 petitions for reorganization filed on Nov. 17 were approved on an interim basis by the U.S. Bankruptcy Court for the District of Delaware.

In honor of Giving Tuesday and as part of its ongoing commitment to helping communities grow and thrive, Byline Bank announced it distributed $30,000 to fund philanthropic initiatives in its neighborhoods, including a $5,000 donation to three local charities.

Yieldstreet, a private markets investing platform, and Garrington Capital, a provider of capital solutions to small- and mid-sized enterprises in the U.S. and Canada, formed a new joint venture focused on opportunities in the equipment finance sector.

Star Mountain Capital closed its Value-Added Direct Lending Fund IV above its $750 million LP capital target at approximately $1.2 billion (committed capital including debt facilities).

Lenvi Riskfactor launched its 2023 European Fraud Readiness Report. The report reveals a detailed picture of how fraud has affected receivables finance lenders in recent years, how it might affect them in the future and how strategies to prevent fraud...

Irontrax, an appraisal and asset disposition company, will participate in the sale of assets resulting from the bankruptcy of trucking company Yellow Freight.