News

A&G Real Estate Partners and Onyx Asset Advisors are clarifying a press release from Oct. 9, 2023. In addition to the 12 projects solely owned by developer StoryBuilt, A&G Real Estate Partners and Onyx Asset Advisors are also marketing minority...

Middle-market private companies in the Golub Capital Altman Index grew earnings by 13% during the first two months of Q3/23, marking the highest year-over-year earnings growth since Q3/21. Revenue grew 8% during the same period.

Armory Group's restructuring advisory and food and agribusiness industry teams served as financial advisor and legal counsel to Equilibrium Capital through the restructuring of AppHarvest, a sustainable food company. Equilibrium was AppHarvest's largest pre-petition secured creditor. 

FTI Consulting launched FTI Delta, a global, industry-specialized strategy consulting practice that delivers strategy definition, execution, etc. to clients. FTI Delta will focus on the public sector and the telecommunications, media and technology industries.

In an Oct. 24 online auction, Tiger Group will offer professional audio-visual gear from the existing inventories of production rental provider PRG.

Manulife Investment Management provided a $120.1 million mezzanine loan on behalf of its clients for a construction financing package to develop 919 on Fulton, a Class A, 373,000 square foot office and retail project located in the Fulton Market district...

Ares Management Corporation and Vinci Partners Investments reached an agreement to form a strategic partnership. Additionally, an affiliate of Ares will concurrently make a $100 million investment in new convertible preferred shares to be issued by Vinci.

Grant Thornton, an audit, tax and advisory firm, announced revenues of $2.4 billion for the fiscal year ending July 31, 2023. When adjusted for this divestiture, Grant Thornton's year-over-year revenues grew 11.6%, on a pro-forma basis.

LSQ entered an agreement with Infor Nexus, a global supply chain platform and division of Infor, to provide the company’s network of suppliers access to early payments through LSQ FastTrack supply chain finance program.

Small business loan approval percentages at big banks ($10 billion or more in assets) fell again, dropping from 13.2% in August to 13.1% in September, according to the latest Biz2Credit Small Business Lending Index.