News

With rising commodity prices, workforce shortages and higher expenditures to attract labor, the restaurant industry will face continued margin contraction and, consequently, lower M&A volume in Q1/22, according to Mitsubishi UFJ Financial Group’s restaurant finance group.

Phoenix Management Services acted as the financial advisor to a Midwest-based manufacturing metal coatings provider in arranging, structuring and negotiating a $2.75 million loan package with Rosenthal & Rosenthal.

FTI Consulting committed to achieving net-zero greenhouse gas emissions by 2030. The company will identify emission reduction targets for Scope 1 and Scope 2 emissions as well as business travel in 2022.

ORG GC Midco, the indirect owner of GC Services, commenced a fully consensual prepackaged case under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas. GC Services is not included in...

CVC Credit priced Apidos XXXVIII, a collateralized loan obligation fund totaling $508 million and arranged by Bank of America. This is the seventh CLO fund CVC Credit has priced globally this year, with all funds holding an aggregate value of...

BMO Financial Group completed the sale of the entities that represent its EMEA asset management business to Ameriprise Financial.

American Equity and Monroe Capital closed on a $1 billion investment in Monroe Capital’s dedicated technology lending platform focusing on middle-market software, technology and recurring revenue loans originated and underwritten by Monroe.

SSG Capital Advisors acted as the investment banker to Tri-Wire Engineering Solutions in the sale of substantially all of its assets to ITG Communications. The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court...

Blackstone created a structured finance group, bringing together Blackstone Real Estate Debt Strategies (BREDS) and the firm’s various asset-backed finance activities. Jonathan Pollack, currently the global head of BREDS, was named global head of the structured finance group.

Monroe Capital Corporation, a business development company affiliate of Monroe Capital, reported its financial results for the third quarter, including adjusted net investment income of $6.4 million and an increase in net assets from operations of $7.2 million.