News

Versant Funding funded a $4.5 million non-recourse factoring transaction for a medical technology company that provides services to major hospitals and pharmaceutical companies.

The M&A Advisor announced that MACCO Restructuring Group, which provided interim executive leadership and served as financial advisor to a publicly traded consumer products company, was named the 2022 winner of the Turnaround of the Year award.

Oxford Finance and its healthcare real estate group closed a company record level of originations in 2022, with Oxford providing more than $867 million of capital commitments. The group closed a total of 14 transactions, with credit facilities ranging from...

Gordon Brothers, the global advisory, restructuring and investment firm, will sell private treaty machinery and equipment from four plants in the Canary Islands formerly leased by the firm to José Sánchez Peñate, a Spanish food products manufacturer and distributor.

Octaura, the electronic trading platform for syndicated loans, executed its initial syndicated loan trades. Upon the success of the initial syndicated loan trades, the company will move forward with releasing its beta version for loan trading sessions prior to official...

The Federal Reserve announced that it will raise the target range for the federal funds rate to between 4.5% and 4.75%, marking a quarter point increase. The move was less drastic than its seven rate increases in 2022, with all...

Great Lakes Business Credit announced a rebranding, with the new name of Bridge Business Credit. Under its new name, the Bridge Business Credit team of experienced financial professionals will serve operating companies located throughout the Central and Eastern U.S. time...

Aruze Gaming, a developer of gambling entertainment solutions for the global casino market, filed a voluntary petition under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the State of Nevada.

Atalaya Capital Management completed fundraising for its eighth Special Opportunities Fund (ASOF VIII). The oversubscribed fund closed with $1.8 billion of commitments given significant support from both new and existing partnerships with investors.

Rosenthal & Rosenthal completed a pair of factoring transactions, including a $1.75 million domestic and international non-recourse factoring deal for a leading manufacturer of antimicrobial products and a $1.5 million non-recourse factoring deal for a wholesale premium seafood distributor.