News

CohnReznick, a professional services firm, added Trevor Lye as an assurance partner in its technology practice. Based in the firm's Austin office, Lye brings more than 14 years of public accounting experience advising public, private and private equity-backed companies, particularly...

Crown Partners served as exclusive financial advisor to Blackstone Credit & Insurance (BXCI) in the formation and launch of SablePointe Credit Strategies, a newly established platform focused on asset-based and first-out direct lending credit strategies. “Crown provided deep industry research,...

J D Factors provided $15.8 million in new factoring facilities to 44 new clients in the U.S. and Canada during the month of October. Some of these facilities include: A $250,000 factoring facility for a transportation company in South Carolina...

Secured lenders closed October with a split-screen signal. On the supply side, a Wells Fargo-led bank group lifted AAR Corp.’s revolver by $550 million to $1.375 billion, with the existing lenders increasing their commitments by 100 percent and two new...

Mammoth Energy Services’ aviation subsidiaries, Cobra Aviation Services and Leopard Aviation, entered into a loan and security agreement with Bank7 providing for up to $58 million of senior secured term loans. The company expects to use proceeds from the facility...

SouthStar Capital provided a $1 million combined purchase order and accounts receivable financing facility to a Florida-based importer and distributor of lightweight planters and ceramic pottery. The facility will help bridge the gap between supplier payments and customer collections, providing...

PlainsCapital Bank added Jose Malave to its Dallas lending team as senior vice president, senior relationship manager. In this role, Malave will develop and manage commercial banking relationships, providing tailored lending and treasury management solutions to business clients throughout North...

Following a year of lateral partner growth, Barnes & Thornburg has promoted 25 lawyers to the partnership, effective Jan. 1, 2027. The new partner class features lawyers from six practices and 10 offices. “We are pleased to welcome this talented...

Oak Hill Capital, a thematic, middle-market private equity firm, entered into a definitive agreement to acquire a majority stake in Wyyerd Group, a fiber-to-the-premises (FTTP) broadband provider operating in Arizona and Southern California, from global investment firm Carlyle. Financial terms...

Kroll, an independent provider of global financial and risk advisory solutions, and StepStone Group (Nasdaq: STEP), a global private markets investment firm, launched three new payment-in-kind (PIK) indicators within the Kroll StepStone Private Credit Benchmarks, giving lenders, investors and analysts...