News

Christopher Kulp has joined Alvarez and Marsal’s Private Equity Services Group as a managing director in New York to lead the Procurement and Sourcing practice.

PNC Bank closed a $57.3 million senior secured credit facility to support Dallas-based Crossplane Capital’s acquisition of the Accent Family of Companies.

Capital One led a senior credit facility to support the acquisition of Daniele International by Entrepreneurial Equity Partners.

TAB Bank has provided a $5 million revolving credit facility for a supply chain management company in Ohio.

Dr. Kolja Stehl has joined Sidley Austin as a partner in its EU Financial Services Regulatory group

The New York chapter of the Association for Corporate Growth, the largest association of middle-market deal making professionals in New York, hired a new Executive Director, Vikash Magdani.

ESCO Technologies finalized a commitment with its lenders to enter into a new, extended and increased credit facility, which includes an increase of $50 million to its revolving line of credit.

After a positive showing in August, credit managers across the U.S. are reporting a slight step back in the latest Credit Managers’ Index from the National Association of Credit Management.

Forever 21 has commenced a voluntary Chapter 11 filing in the U.S. Bankruptcy Court. JPMorgan Chase has agented $275 million in financing to support the company’s restructuring.

ATB Financial extended and amended a $13.5 million credit facility, which included non-revolving term loan and an equipment finance loan, for Zedcor Energy.