News

Flexential, a provider of secure and flexible data center solutions, has established an $800 million credit facility to accelerate the development of new data center capacity in markets where the company’s customers are growing and demand continues to build. The...

Cornerstone Business Credit recently funded a multi-million-dollar asset acquisition for a company in the eyeglass industry. The management team acquired the assets of a 50+-year-old business sold by its secured bank lender through an Article 9 sales process. The transaction...

SouthStar Capital, a private direct lender, closed a working capital facility for a growing workforce services company. With a stable and diversified customer base, the business sought additional working capital to support expanding operations and meet the demands of a...

CohnReznick, a professional services firm, added Dane Samson as a tax partner in financial services. Samson brings more than 25 years of public accounting experience advising clients across the alternative investment industry. His background includes leadership roles at Big 4...

H.I.G. Capital, a global alternative investment firm with $75 billion of equity capital under management, added Tim Hsu and Chris Todisco to its capital formation group as managing directors. Hsu is based in San Francisco and will lead capital raising...

Aperture Investors, an alternative asset manager and part of Generali Investments, expanded its litigation finance private credit platform, bringing the platform to more than $600 million in assets and approximately $1 billion in total investment capacity. The new strategy will...

Columbia Bank, a subsidiary of Columbia Banking System, opened a new commercial office and retail branch in Draper, Utah. Situated 20 miles outside of Salt Lake City, the Draper location is the first of three new Columbia branches set to...

Clearco, a provider of non-dilutive funding for ecommerce brands, secured a new $100 million asset-backed financing facility from Macquarie Group. The facility expands Clearco’s ability to provide qualified brands with up to $10 million in funding and estimated terms of...

Lifetime Brands, a global designer, developer and marketer of a broad range of branded consumer products used in the home, completed the refinancing of its credit facilities. The company’s existing Term Loan B has been replaced with a new $60...

nFusion Capital, a provider of financing solutions to small and middle-market businesses, provided a $6 million asset-based credit facility to a privately-held wholesale distributor and customization provider of premium vaporization hardware products. This flexible capital solution will fund immediate operational...