News

Bridge Bank extended a venture term loan to Deep Lens, a Columbus, OH-based software company focused on accelerating clinical trial recruitment for cancer patients.

CIT’s healthcare finance unit provided a $25 million loan supporting Seavest Healthcare Properties' acquisition of the MLK Community Hospital Medical Office Building in Los Angeles.

According to a survey from Citizens Bank, 50% of consumers and 76% of businesses said the COVID-19 pandemic has changed the way they interact with their financial institution, with 66% of consumers and 73% of businesses saying that these changes...

For the second consecutive year, Forbes named BMO Harris Bank one of America's Best Employers for Women in 2020.

Maranon Capital closed its first SBIC fund, Maranon Mezzanine Fund III-B. The fund is Maranon’s third commingled investment vehicle that targets unitranche, mezzanine and equity co-investments in businesses with $3 million or more of EBITDA.

GPI Capital and JPMorgan Chase Bank provided growth financing of up to $100 million to Pharmapacks, an ecommerce enablement platform and retail seller for brands across ecommerce marketplaces.

Bryant Park Capital, a middle market investment bank, served as the exclusive financial advisor to Multi Funding on its closing of a $30 million senior debt transaction with an international bank.

Northstar Capital, a provider of junior capital for middle market private equity transactions, partnered with Tenex Capital Management in its recapitalization and merger of Consolidated Label and Online Labels.

McClatchy filed an asset purchase agreement with the U.S. Bankruptcy Court, formalizing the details of Chatham Asset Management's successful bid for ownership of McClatchy in the Chapter 11 sale process.

The Citizens Business Conditions Index showed stability in Q2/20, decreasing from 60.8 to 60.3 despite the quarter beginning with many businesses reeling from the shutdown of the global economy caused by the COVID-19 pandemic.