News

Alvarez & Marsal (A&M), issued its 2022 / 2023 Energy Compensation Report which analyzes executive and board of directors compensation arrangements at the largest U.S. exploration and productions, oilfield services and clean energy companies.

Caltius Structured Capital recently provided capital to several clients resulting in various company ownership changes.

Commercial Chapter 11 filings increased 74% to 345 in November 2022 from the 198 filings recorded in November 2021, according to data provided by Epiq Bankruptcy, a provider of U.S. bankruptcy filing data.

Triumph Bancorp completed an extensive rebranding effort, including a change of the company name to Triumph Financial. Prior to the market open on Dec. 2, 2022, the company’s common stock will begin trading on NASDAQ under the ticker symbol “TFIN.”

STRIPES Leadership Program, the professional and personal leadership development program created in partnership with Monitor, held its second in-person certification ceremony on Dec. 1 at LEAF Commercial Capital in Philadelphia.

EPI Health, a fully consolidated subsidiary of Novan, signed a $15 million accounts receivable-backed factoring agreement with Bay View Funding, a wholly-owned subsidiary of Heritage Bank of Commerce.

SSG Advisors acted as the investment banker to Xeeva, a portfolio company of Peak Equity Partners, in the sale of its outstanding stock to Simfoni Limited, a portfolio company of PeakSpan Capital.

Viva Capital Funding, an invoice factoring specialty finance company, closed $85 million in two bank credit facilities; consisting of $45 million for factoring and $40 million for land banking.

Ocean Bank’s factoring division financed a $1 million factoring facility for an automotive and industrial belt manufacturing company.

The M&A Advisor reported that the special situations team at SC&H Capital, an investment bank specializing in M&A advisory, has been honored with the M&A Deal of the Year Between $10MM- $25MM award for the sale of Marine Technologies to...