News

The 1,663 subchapter V elections within Chapter 11 during the first six months of 2026 represented a 50% increase over the 1,107 filings recorded during the same period a year ago, according to data provided by Epiq AACER, the leading...

Atlas Grove Management received court approval and funded a $150 million debtor-in-possession (DIP) facility to the Harvest Sherwood Food Distributors’ bankruptcy estate. Atlas Grove is also the “stalking horse” for the exit funding process of Harvest, which ceased operations in...

Sage, an integrated care platform built for senior living and skilled nursing, secured a $35 million specialized debt facility provided by Stifel Bank. The financing will scale Sage’s hardware-as-a-service (HaaS) initiative, helping senior living communities and skilled nursing facilities modernize...

Michael Fine joined Gibraltar Business Capital’s credit team in July 2026 as senior vice president – account executive, bringing more than 30 years of banking experience, including 25+ years dedicated to asset-based lending. Throughout his career, he has built a...

CohnReznick, a professional services firm, added Cindy Sutton as partner and chief people and culture officer. In this role, Sutton will lead the firm’s people and culture strategy, with a focus on enhancing employee experience, talent development and organizational performance....

TCW Steel City served as lead arranger and administrative agent for the recapitalization of Lone Peak Dental Group. The Steel City-led financing was $170 million, which included a term loan, revolver and delayed draw term loan to support future acquisitions....

SouthStar Capital recently closed an accounts receivable financing facility for a government contracting company supporting the aerospace and defense industry. The growing business secured a significant Department of Defense contract, creating the need for additional working capital to support fulfillment...

Caltius Equity Partners has closed Fund V with more than $230 million in investable capital. The firm is actively seeking new platform investments and add-on acquisitions across facility services, tech-enabled services and outsourced business services. The closing follows two successful...

Brendan Coughlin, president of Citizens Financial Group, has assumed oversight of commercial banking, adding to a portfolio that already includes the bank’s consumer banking, private bank and wealth businesses as well as several enterprise functions. Ted Swimmer, head of commercial...

Utica Equipment Finance hired Ben Carapezzi and Todd Witmer as managing directors of sales. The two hires give Utica added reach as demand keeps building for its equipment loan and lease products, which range from $2 million to $50 million...