News

Abacus Finance served as administrative agent and sole lender in support of Thompson Street Capital Partners’ recapitalization of Palisade.

Madison Street Capital acted as the exclusive financial advisor in arranging a $3.2 million debt facility for MonDak Portables. North Avenue Capital provided the facility.

NXT Capital acted as administrative agent, sole lead arranger and sole bookrunner on a senior secured credit facility to support Audax Private Equity’s acquisition of PHOENIX Rehabilitation and Health Services.

FactoringClub recognized 16 factoring companies as winners of their 2019 Best Factoring Company Awards. Over 100 FactoringClub sponsors were evaluated on contract terms, customer service and company leadership.

Small business loan approval rates for big banks reached another record high in November 2018, according to the latest Biz2Credit Small Business Lending Index.

LBC Credit Partners acted as agent and sole lead arranger on senior secured credit facilities for Albireo Energy, a Huron Capital-controlled company.

Investment bank B. Riley FBR served as the exclusive financial advisor to Advanced Workplace Strategies in its all cash sale to DISA Global Solutions.

Marble Ridge Capital brought suit against Neiman Marcus Group, alleging the company had fraudulently transferred $1 billion in assets for no consideration in order to benefit Ares Management and the Canada Pension Plan Investment Board, the beneficial owners of the...

Chaparral Energy completed its regularly scheduled fall borrowing base redetermination with Royal Bank of Canada as administrative agent, increasing its credit facility from $400 million to $750 million.

Antares Bain Capital, a joint venture between Antares and Bain Capital Credit, closed a senior secured unitranche credit facility to support Clearlake Capital Group’s acquisition of symplr.