News

PREIT, an operator of diverse retail and experiential destinations, reached an agreement with more than 80% of its bank lenders under which the banks will provide an additional $150 million to recapitalize the business and extend the company’s debt maturity...

Citizens M&A Advisory served as the exclusive financial advisor to EasyWorkforce Software Corporation, a workforce management software provider, on its growth equity investment from CFH Strategic Investment I.

Goldman Sachs BDC completed its merger with Goldman Sachs Middle Market Lending. BofA Securities and Dechert served as financial and legal advisors to Goldman Sachs BDC, while Morgan Stanley and Eversheds Sutherland served as the financial and legal advisors to Goldman...

Centric Brands emerged from voluntary Chapter 11 proceedings. Sound Point Capital Management provided exit financing to the company, while Ropes & Gray, PJT Partners and Alvarez & Marsal served as legal, financial and restructuring advisors, respectively.

St. Cloud Capital invested in Charlotte, NC-based Catawba Research. St. Cloud partnered with a financial investment firm to complete the transaction. The investment is out of St. Cloud's third fund, which has committed capital of $250 million.

HPD LendScape, an international secured lending platform vendor, has partnered with Emirates Development Bank to launch UAE's National Supply Chain Finance platform, providing UAE businesses access to working capital as they cope with pressures of the COVID-19 pandemic.

Business Capital provided construction financing for Idaho-based vineyard 3 Horse Ranch Vineyards. The credit facility will support a new winery that will increase production capability and revenue generating events.

Apollo announced that funds managed by its affiliates formed a joint venture with Altius Minerals Corporation, a subsidiary of Altius Renewable Royalties, to accelerate the growth of Great Bay Renewables, an Altius subsidiary and provider of renewable energy development capital.

BMO Financial Group is partnering with The Clearing House Payments Company to allow business customers in the U.S. to receive funds immediately from any sending participant bank in the Real-Time Payments network.

According to a study from Biz2Credit, sales of Latinx-owned businesses dropped 42% in March and April and are down 21% during the 12-month period from Sept. 16, 2019 to Sept. 15, 2020.