News

SG Credit Partners, through its commercial finance division, has provided a senior debt credit facility to a multi-generation, family-owned food distribution company. For the past several years, the company was financed by a money center bank. When the company experienced...

MyComplianceOffice (MCO), a provider of compliance management software for the financial services industry, has received strategic growth financing from Accel-KKR Credit Partners. The capital will support MCO’s long-term growth strategy. “We will use this investment to radically transform our industry...

Frugal Fannie’s Fashion Warehouse, a discount fashion retailers, is closing its doors after 43 years. Owners Kathleen Doxer and Orrin Doxer decided to end store operations due to health considerations, key staff retirements and end of their lease with no...

TPG Twin Brook served as the joint lead arranger on Leeds Equity Partners’ refinance of Crucial Learning.

Monroe Capital acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of Fantasy Baking by Sweetmore Bakeries, an existing portfolio company of Shore Capital Partners. The acquisition marks Sweetmore’s sixth facility and...

Derek Flowers, chief risk officer (CRO) of Wells Fargo, intends to retire from the bank in mid-January after nearly three decades of dedicated service. Upon Flowers’ retirement, Scott Powell, chief operating officer (COO), will become CRO. Flowers started at Wells...

Regions Financial will elevate Allen Mayer to serve as treasurer, succeeding Deron Smithy, who will retire at the end of 2026 following 18 years of distinguished leadership in the company. In addition, Craig Harrison is joining Regions as head of...

WSFS Financial, the parent company of WSFS Bank and Bryn Mawr Trust, opened a new office in Lancaster, PA. The new location solidifies WSFS Bank and Bryn Mawr Trust’s growing presence across the region, expanding a full suite of wealth...

Inovatec by Solifi, a provider of indirect lending and digital retailing workflows, announced a collaboration with RouteOne, a provider of F&I solutions across in-store, online, mobile and third-party channels. The collaboration delivers enhanced and streamlined functionality initiated from Inovatec's consumer...

Fox Ridge Capital, a hybrid commercial lender, closed its third revolving credit facility, a $75 million agreement with DZ BANK AG, bringing the company’s total issuances to $240 million since its founding earlier this year. “Fox Ridge Capital has demonstrated...