News

Martin “Marty” Brown, president and CEO of PYA, an independent consulting and accounting firm, will be stepping down from ownership at the end of 2026, after leading the firm through a decade of transformative growth. The owners of the firm...

David MacNaughton joined CIBC as a strategic advisor. In this role, he will further strengthen CIBC’s Office of the CEO by providing insights to senior business leaders across areas including public policy, regulatory developments and stakeholder relations. He will also...

Mitsubishi HC Capital America, a provider of financing and asset solutions, appointed Timothy B. Page as president and CEO, effective January 1, 2026. Page will lead all aspects of the company’s operations from its Norwalk, CT and Itasca, IL offices....

MidCap Business Credit closed two new senior secured ABL credit facilities totaling $19 million. The first is a $7 million facility comprised of a working capital revolver and machinery and equipment term loan for a manufacturer of highly engineered roller...

CohnReznick, a professional services firm, acquired Minneapolis-based Smith Schafer & Associates, effective Jan. 1, 2026. With three offices in the market, Smith Schafer’s local expertise establishes an important expansion in the Midwest for CohnReznick and significant growth opportunity for the...

Frost Brown Todd (FBT) and Gibbons have finalized their combination, effective Jan. 1, 2026. This transformational combination creates a mid-market legal company with approximately 800 attorneys across 25 offices, serving clients from Fortune 500 companies to high-growth and mid-market businesses....

Equify Financial closed a $100 million capital facility with JPMorgan Chase, strengthening its balance sheet and expanding its capacity to serve middle-market businesses across the United States. The facility will be used to support Equify’s growing portfolio of commercial loans,...

Iron Horse Credit appointed Daren Demcsik as senior vice president, senior underwriter. Demcsik brings a wealth of credit expertise spanning his more than 30 years in the commercial finance industry. Demcsik’s distinguished career includes roles at financial institutions such as...

Beach Point CLO Management, an affiliate of Beach Point Capital Management, closed its second collateralized loan obligation (CLO) transaction of 2025, bringing the firm’s CLO origination platform to approximately $1.7 billion. “The launch of Sandstone Peak IV underscores our ongoing commitment...

Abacus Finance Group, a provider of cash flow-based, senior debt for sponsor-led investments in lower middle-market companies, promoted Seth Friedman and Eric Petersen from managing director to senior managing director and Greg Scanlon from senior associate to vice president. “Seth,...