News

Star Mountain Capital, a specialized investment manager focused on investing in private small- and medium-sized businesses, hired Bob Shettle as a managing director. Shettle has 30 years of experience investing senior debt, junior debt and private equity and making lower...

IDS, a provider of enterprise solutions for the secured finance industry, signed a partnership agreement with Tamarack Technologies, a provider of digital transformation services and solutions for the equipment finance industry.

H.I.G. WhiteHorse closed its latest direct lending strategy, H.I.G. WhiteHorse Direct Lending Fund - 2020. The fund closed with aggregate capital commitments of approximately $1.65 billion.

As much of the U.S. reopens nearly a year and a half since the outbreak of the COVID-19 pandemic in the country, midsize business leaders’ optimism about their industries and companies have hit record highs, according to JPMorgan Chase’s 2021...

Runway Growth Credit Fund logged $80.7 million in funded loans in Q2/21. Since inception in 2016, the firm has achieved $1.1 billion in total loan and investment originations and $903.5 million in funded investments.

Three Pennsylvania-based business and mergers and acquisitions experts launched TwelveDawn Mergers & Acquisitions, a mid-sized financial and strategic consulting firm focused on owners seeking to create an exit for their going concerns.

Limetree Bay Refining filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code. The company received commitments for up to $25 million in new DIP financing and retained B. Riley Advisory Services as restructuring advisor, with Mark Shapiro serving...

The Association of Insolvency and Restructuring Advisors recognized Nate Simon of AlixPartners (first place), Bryan Fleming of Alvarez & Marsal (second place) and Hrvoje Cizmic of PwC (third place) as Certified Insolvency and Restructuring Advisor Award winners for 2020.

Middle-market private companies in the Golub Capital Altman Index experienced EBITDA growth of 31% and revenue growth of 21% in April and May 2021 compared with their April and May 2019 earnings and revenue.

Jefferies Financial Group and Sumitomo Mitsui Financial Group, Sumitomo Mitsui Banking and SMBC Nikko Securities (collectively, SMBC Group) entered into an alliance to collaborate on future corporate and investment banking business opportunities.