News

Concord served as exclusive financial advisor and arranger for $20 million in senior debt financing for a Midwest-based lighting company.

CohnReznick has expanded its Restructuring & Dispute Resolution practice with the addition of eight industry veterans, including four partners, a managing director, and three senior managers.

Pacific Mercantile Bank has provided a $5.3 million credit facility to 3LB Restaurant Concepts to restructure the company’s existing debt and support its continued expansion.

B. Riley FBR, the investment banking subsidiary of B. Riley Financial, served as exclusive financial advisor to PCM in connection with its completed sale to Insight Enterprises._x000D_ _x000D_

Michiel von Saher has joined Angelo Gordon as a managing director based in London – expanding the firm’s Performing Credit team to 13, including four in the UK.

Pacific Mercantile Bank appointed Brad R. Dinsmore as the president and chief executive officer, succeeding Thomas M. Vertin, who has resigned from the company and the bank.

Business Capital structured and delivered a credit facility to Innominds Software, a provider of convergent design, technology and engineering solutions.

Funding Circle closed its first asset-backed securitization of U.S. small business loans originated through its platform. The $198 million deal marks the debut of Funding Circle’s U.S. securitization sponsorship capability.

The Wall Street Journal reported an increase in bankruptcies are rising in the U.S. oil and gas industries as investors are losing their appetite for shale.

Alan Mullins named vice president area manager of loan operations for Bank of Idaho