News

Eastern Bank welcomed Jarrad Herzog as a senior vice president, asset-based lending relationship manager. Herzog brings more than a decade of experience financing middle market companies through a variety of lending solutions, including commercial and industrial and asset-based lending. “Jarrad...

Chicago Atlantic acted as sole arranger and administrative agent in the closing of a $16.5 million senior secured term loan for Ocular Science, an affiliate of OSRX, a leading provider of compounded ophthalmic medications. “Ocular Science is a leading biotech...

Alterra IOS, a player in the industrial outdoor storage (IOS) sector that has acquired over 400 sites nationwide, closed a $100 million fund-level revolving credit facility from BMO. The facility is structured to complement the pace of Alterra’s acquisition pipeline...

DC BLOX, a provider of connected data center and fiber network solutions across the Southeastern United States, secured $240 million in HoldCo financing from Global Infrastructure Partners (GIP), a part of BlackRock. The facility provides growth capital for DC BLOX’s...

A new survey from Grant Thornton showed chief financial officers (CFOs) are responding to uncertainty by prioritizing investment in digital tools and automation and strengthening organizational agility to boost efficiency and unlock growth opportunities. According to Grant Thornton’s Q4/25 CFO...

Lorie K. Rupp, executive vice president and chief risk officer, will retire from First Citizens BankcShares following an exemplary 13-year career at the bank and more than 30 years in the financial services industry. BancShares plans for Tom Eklund, current...

The board of directors of First Financial Bank, subsidiary of First Financial Bankshares, made multiple promotions as part of its ongoing management succession, which management and the board have been working on for several years. James Alexander has been promoted...

New Mountain Capital, a growth-oriented alternative investment firm headquartered in New York, closed $1.2 billion for its second non-control private equity fund, New Mountain Strategic Equity Fund II, and its related vehicles. Investor demand for SEF II exceeded the fund’s...

EverGen Infrastructure closed its previously announced $13 million asset-level debt facility with Farm Credit Canada (FCC) through its wholly owned subsidiary Fraser Valley Biogas (FVB), repaid the majority of the company’s corporate debt facility and closed the second tranche of...

KORE Capital, a provider of accounts receivable–based working capital solutions, closed a new financing facility to support the growth of a small business owner who sought greater flexibility and capacity than their existing senior credit relationship allowed. The entrepreneur, who...