News

Advantage Business Capital acquired the $22 million factoring portfolio of a regional bank based in the Southeast. The transaction closed in Q4/25. Advantage was recommended to the bank by an industry relationship.

OceanFirst Financial, the holding company for OceanFirst Bank, and Flushing Financial, the holding company for Flushing Bank, received the requisite shareholder approvals for the previously announced combination of OceanFirst and Flushing, pursuant to the agreement and plan of merger, dated...

The week ending April 4 was dominated by the one-year anniversary of “Liberation Day”—and the Administration’s decision to mark it by announcing 100% tariffs on branded pharmaceutical imports and recalibrating metals duties on April 2.2 These actions landed on a...

Gibraltar Business Capital (GBC) has finalized a $35 million senior secured facility for American Furniture Manufacturing (AFM) in support of the company’s acquisition by SouthWorth Capital Management (SCM). The new funding comes as AFM and its divisions (Peak Living, Independent...

Caris Life Sciences, a Texas corporation, entered into a financing agreement, dated as of the closing date, by and among the company, as borrower, certain subsidiaries of the company, as guarantors, the lenders from time to time party thereto, which...

SG Credit Partners added Bill Drmacich as a managing director in its commercial finance team. Drmacich is tasked with driving the strategic direction of the group, expanding nationwide coverage footprint and building a sponsor coverage practice. During Drmacich’s 30+-year career,...

Morgan L. Patterson joined FBT Gibbons as a partner in the firm’s bankruptcy and restructuring practice group in Wilmington, Delaware, strengthening the firm’s position in one of the nation’s most important restructuring jurisdictions. Joining FBT Gibbons from Womble Bond Dickinson,...

Global law firm Clifford Chance has strengthened its corporate, private capital and M&A tax capabilities with the addition of Adriana Zhan as a partner in its tax, pensions and employment (TPE) group. Based in New York, Zhan will help accelerate...

Dechert added Shannon Reaves as a partner and co-chair of its national security practice group. Reaves brings almost two decades of experience in cross-border transaction reviews before the Committee on Foreign Investment in the United States (CFIUS) and Foreign Ownership,...

Lendmark Financial Services, a provider of personalized loan solutions, continues to expand across Florida and Tennessee, opening branches in Lake City, FL, and Lawrenceburg and Sevierville, TN. The lender will also offer loans for customers of small, independent automobile dealerships...