News

Portage Point Partners added Arun Lamba and Max Golembo to support Portage Point’s growing client base and closely follows the hiring of Scott Canna and Ryan Williams.

Omni Management Group expanded its team with the appointment of Alexa Concepcion as vice president of Securities Services.

Approval rates for small business loan applications inched up to a record high of 27.6% at big banks in June, according to the Biz2Credit Small Business Lending Index.

Total commercial Chapter 11 filings during the first six months of the year increased 5% to 2,854 from the 2,716 total filings during the same period in 2018. Total commercial filings also increased slightly to 19,531.

B. Riley FBR served as the exclusive financial advisor to E.V. Roberts in connection with its sale to Graco Supply.

North Avenue Capital closed a $15 million debt financing for The Moon Group.

Twin Brook served as administrative agent on a $76.795 million facility to support the merger of two Kinderhook Industries portfolio companies – Intergulf Corporation and STC Industrial – to form CIRCON Environmental.

LBC Credit Partners provided senior secured credit facilities to support the acquisition of e+CancerCare by Integrated Oncology Network, a portfolio company of Silver Oak Services Partners._x000D_ _x000D_ _x000D_

First US Bancshares opened a loan production office in the Chattanooga, TN area through its banking subsidiary, First US Bank. Steven Thompson will lead the new division._x000D_ _x000D_

PetIQ has completed the acquisition of Perrigo Animal Health, a manufacturer of vet quality products for pet parents, from Perrigo Company for $185 million in cash.