News

PitchBook released its 2Q 2018 Global M&A Report, which found an uptick in average deal size that drove M&A investment activity in H1/18.

Solar Capital’s board of directors approved the reduction in the asset coverage requirement under of the Investment Company Act of 1940 as allowed under the Small Business Credit Availability Act.

David K. Golbahar joined Brandlin & Associates as a director. Golbahar will be based in Los Angeles but serve clients and conduct business development nationwide.

Sequential Brands Group entered into an amended credit agreement with its existing lenders, led by Bank of America and certain funds managed by FS/KKR Advisor.

Gump’s, the San Francisco-based, 157-year-old department store and retailer, filed voluntary petitions for relief under Chapter 11 in the U.S. Bankruptcy Court for the District of Nevada.

Grant Thornton hired Ravi Bansal, Shyam Bhaskar, Rick Garcia and Alan White to serve in its growing Enterprise Technology Strategy and Innovation Advisory Services business line._x000D_ _x000D_ _x000D_

OnDeck reported Q2/18 originations of $587 million, an increase of 26% from a year ago, with growth in both term loans and lines of credit. Total assets increased from $996 million at year end in 2017 to $1,072 million as...

In July, Antares Bain Capital Complete Financing Solution closed four unitranche transactions totaling $794 million in credit facilities for both new and existing borrowers.

Respondents to the Federal Reserve’s July 2018 Senior Loan Officer Opinion Survey on Bank Lending Practices indicated officers eased their standards and terms on C&I loans to firms of all sizes.

Aptevo Therapeutics extended its original $20 million term loan agreement with MidCap Financial Trust to February 1, 2020.