News

Eversheds Sutherland welcomed Kathryn Nordick as senior counsel in the firm’s U.S. finance practice group, based in Austin.   Nordick’s arrival follows the March 2026 addition of finance partner Phyllis Young in Houston, who serves as head of Texas finance....

Credibly, an AI-powered working capital company that champions small and medium-sized businesses (SMBs), secured over $260 million in new financing, further strengthening its capital base to support continued growth. The financing includes the successful completion of a new $124 million...

The Hedaya Capital Group provided a $7.5 million factoring facility to an international manufacturer of intimate apparel to support strategic initiatives and future plans. Although asset-rich with a strong balance sheet and good brands, the company’s existing asset-based lending facility...

BIG Fiber, a provider of high-capacity dark fiber infrastructure, closed a $250 million debt facility with an additional $100 million accordion feature. The financing, led by Stonepeak Credit and La Caisse (formerly CDPQ), provides BIG Fiber with capital to accelerate...

Stellus Capital Management, a company in lower middle market direct lending, closed Stellus Credit Fund IV (SCF IV). The firm met its fundraising target with approximately $1.5 billion of investable capital. SCF IV, the successor to Stellus Credit Fund III,...

SG Credit Partners, through its consumer products division, partnered with Rip Van, a snack brand offering low-sugar stroopwafels, wafers and cookies. SG’s debt facility will support Rip Van’s continued expansion as consumer demand for low-sugar indulgence snacks with cleaner ingredients...

B. Riley Securities, a full-service investment bank, served as lead bookrunner to Babcock & Wilcox Enterprises in its $230 million equity follow-on offering. The offering included participation from institutional and strategic investors, including Applied Digital, which purchased approximately 540,500 shares...

Middle market dealmakers are entering H2/26 with more confidence, but not without caution. According to TD’s survey of financial decision makers at ACG DealMAX, two-thirds (67%) of respondents say conditions are improving and 64% expect deal activity to increase over...

Great American (GA Group), a provider of advisory, valuation, field exam, liquidation, asset-based lending, investment banking, restructuring advisory and real estate services, and majority-owned by funds managed by Oaktree Capital Management, acquired Done Right Merchandising (DRM), a family-owned provider of...

Republic Business Credit added Lisa Osorio to the team as legal administrator. Osorio joins the expanding legal department as Republic continues to strengthen its operational infrastructure and support its growing national portfolio. She will report to Christy Morgan, vice president,...