News

Old Hill has provided a $6 million revolving facility to a company focused on lending to small and medium-sized buyers of portfolios of charged-off consumer debt.

MidFirst Business Credit has provided $16 million in working capital and term facilities to Principal Manufacturing Corporation.

The Federal Reserve Open Market Committee decided to lower the target range for the federal funds rate by half a percentage point, to a rate of 1% to 1.25%.

Nautic Partners has completed the acquisition of Harrington Industrial Plastics in partnership with Harrington management._x000D_ _x000D_

SC&H Capital’s team served as the exclusive, court-approved investment banker to secure a buyer for Cardinal Homes. _x000D_ _x000D_

Jodi L. Lashin has joined Blank Rome’s New York office as a partner in the Corporate, M&A, and Securities group.

Soltage raised a $142 million senior construction-to-term credit facility with Fifth Third Bank.

Online lending startup Oriente has secured a $20 million debt funding facility from multi-asset investment firm Silverhorn Group.

Comvest Credit Partners acted as administrative agent and lender in providing a $92.2 million senior secured credit facility to Cassavant Holdings.

One of Palladium Equity Partners’ affiliated private equity funds has acquired ALC Schools and Red Rock Technology, a mission-driven provider of alternative transportation solutions to school districts in the U.S. from affiliates of American Logistics.