Introduction: Private Equity and Specialty Finance Redefine the Landscape The middle market has experienced a radical evolution in acquisition financing...
By Miller Harpring, Managing Director, Sawbux In 2024, the U.S. dealmaker ecosystem—PE, IB, specialty finance, turnaround advisors, and legal pros—drove...
Pre-2023, bank-led loans enforced FCCR well under 2x (~1.67), leverage at 4.5x, and DSC at 1.3x, with the overwhelming majority...
The economic landscape bristles with uncertainty—the 10-year Treasury yield sits at 4.31%, pushing against the Federal Reserve’s steady 4.25%-4.5% rate...
