News

Amerisource Business Capital closed and funded a $2.5 million asset-based lending (ABL) facility to a Texas-based industrial supplies distribution company. With the additional capital, the company is positioned to expand inventory and meet rising customer demand. “Helping growing businesses access...

Stellus Capital Management, alongside its affiliates, provided senior debt financing and an equity co-investment to support the acquisition of Caring by SilverAssist, a senior assistance network. SilverAssist is currently backed by Growth Catalyst Partners. Caring.com, an online destination for senior...

Robert Horne joined First Citizens Bank as director of middle market banking for Florida. Based in Tampa, Horne will lead efforts to grow First Citizens’ middle market banking presence throughout the state. “With more than 10 years of experience in...

CohnReznick, a professional services firm, added Marco Sideri as a financial sponsors tax partner in its Boston office. Sideri brings extensive experience advising private equity firms, venture funds, hedge funds and other alternative asset managers on complex tax matters and...

M&T Bank appointed Jeff Carpenter as its new regional president of Massachusetts. With more than two decades of corporate and specialty banking experience, Carpenter brings deep regional knowledge, financial expertise and a strong record of leadership to this role. Carpenter...

Beach Cities Commercial Bank appointed Thomas J. Inserra as president, CEO and board director, effective Monday, Feb. 2, 2026, following all necessary reviews and the issuances of non-objections by the FDIC and the DFPI, the bank’s regulatory agencies. “We are...

Simmons Bank, a wholly owned subsidiary of Simmons First National, made multiple executive leadership appointments. Brian Jackson joined as president, consumer and wealth management, and Jonathan Schneider joined as president, commercial banking. Simmons will also add an eight-member private banking...

Park National, on Feb. 1, 2026, it successfully completed its previously announced merger transaction with First Citizens Bancshares through an all-stock transaction. The merger combines two community-focused bank subsidiaries (Park National Bank and First Citizens National Bank) and extends Park’s...

Webster Financial, the holding company for Webster Bank, signed a definitive agreement under which Banco Santander will acquire Webster in a cash-and-stock transaction. Under the terms of the agreement, Webster stockholders will receive $48.75 in cash and 2.0548 Santander American...

MidCap Financial, a commercial finance company focused on middle market transactions, provided a senior secured credit facility to Agile Occupational Medicine, jointly owned by affiliates of Angeles Equity Partners and Kain Capital. The credit facility consists of a revolver with...