News

Aquarian Holdings will join Obra Capital as a strategic partner and has acquired a minority equity ownership stake, replacing Reverence Capital, which has been an investor since 2019. RedBird Capital will maintain Obra’s current ownership stake.

Theratechnologies finalized all documentation giving effect to the amendments of some terms and conditions of its credit agreement for which Marathon Asset Management acts as investment manager for certain funds and accounts.

Simpson Thacher represented JPMorgan Chase Bank, as administrative agent and lender under a pre-petition ABL facility in connection with the bankruptcy cases of Party City Holdco and its affiliated debtors and as administrative agent and lead arranger of Party City’s...

H.I.G. Capital and an affiliate made an investment in The Grounds Real Estate Development AG, a German real estate investment company listed on the Düsseldorf alternative stock exchange. Proceeds will be used to fund capital expenditures of The Grounds’ existing...

Twin Brook served as administrative agent on three debt financing deals to support separate leveraged buyouts: Varsity Healthcare Partners’ buyout of Edina Plastic Surgery, GHK Capital Partners’ buyout of JohnsByrne and Keystone Capital’s buyout of Barkley.

First Business Financial Services, parent company of First Business Bank, was selected by Piper Sandler for inclusion among its Sm-All Stars Class of 2023.

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.