News

Rosenthal & Rosenthal completed a $50 million factoring deal with a newly formed toy and collectible distributor for Walmart.

PrimeArc Capital’s group of managers, led by Bud Crawford, CEO, and David Ebinger, COO, completed a management buyout of the company in an all cash transaction. In addition, Crawford and Ebinger founded Coeur Capital. Coeur Capital was set up to...

Jefferies and Opportune are acting as financial advisors to Rosehill Resources, which commenced voluntary Chapter 11 cases under the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas.

California Resources Corporation (CRC) entered into an amended and restated restructuring support agreement with approximately 85% of the holders of its term loans due 2017 and 68% of the holders of its unsecured and deficiency debt claims.

Brooks Brothers filed a motion in the United States Bankruptcy Court for the District of Delaware to obtain court approval of an asset purchase agreement with stalking horse bidder SPARC Group.

Crestmark secured a total of $7,703,300 in ABL financial solutions for seven new clients in the first half of July. In addition, Crestmark Equipment Finance provided $16,946,772 in three new lease transactions and Crestmark Vendor Finance provided $7,799,845 in 98...

TCF Bank unveiled a $1 billion loan commitment to minority communities and minority- and women-owned small businesses, and a $10 million grant program to assist low-to-moderate income home buyers.

Alex Sutton, managing director and head of research at Gordon Brothers, said, “The agreement will impact cost structures, product mix, commodity prices, local market dynamics and a wide range of other operating issues.”

Ascena Retail Group engaged SB360 Capital Partners as its consultant to conduct store closing sales at most of its retail locations.

More than half (58%) of small business owners reported that they expect their revenue to decrease in 2020, even though 47% said they did not have to close for any amount of time during the COVID-19 pandemic, according to data...