News

iMedia Brands selected B. Riley Real Estate as advisor to manage and complete its sale-leaseback process for one or more of its owned properties. The company is targeting a Q4 closing date.

SSG Capital Advisors acted as the investment banker to Path Medical and its parent company, Path Medical Center Holdings in the sale of substantially all of its assets to an affiliate of Physicians Group.

American Eagle Delaware Holding Company and certain of its subsidiaries completed a comprehensive financial reorganization to achieve a more balanced and sustainable capital structure.

Caltius Structured Capital closed its sixth structured capital complex, consisting of Caltius Partners VI (SBIC), LP and Caltius Partners VI.

iCapital and Ares Wealth Management Solutions expanded their partnership to provide financial advisors and registered independent advisors with greater access to a broadened menu of alternative investment solutions.

Kawasaki Motors Finance, the captive finance arm of Kawasaki Motors, a global distributor of powersports vehicles, migrated its entire U.S. operations to the Solifi Wholesale Finance software-as-a-service (SaaS) platform in December 2021.

First Citizens Bank launched a middle-market banking unit to support the financial needs and goals of midsized businesses across the Southeast.

Context Business Lending, a family office-backed specialty finance company, rebranded as Edge Capital. According to Meredith Carter, CEO of the company, over the next five years, Edge Capital plans to deploy $1 billion in capital.

Clarus Therapeutics, together with its wholly-owned subsidiary Clarus Therapeutics, has filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

Economic activity in the manufacturing sector grew in August, with the overall economy achieving a 27th consecutive month of growth, say the nation’s supply executives in the latest manufacturing ISM report on business.