David Villa joined the financial services group of Houlihan Lokey, a global investment bank, as a managing director covering specialty finance companies and depositories.
Fat Tuesday, an off-premise alcohol business in the United States, closed on a new senior secured credit facility provided by Comvest Credit Partners. The proceeds provide capital to accelerate growth.
Houlihan Lokey hired Howard Steinberg as a managing director and global head of tax restructuring within its financial and valuation advisory business.
Rishi Aswani joined Houlihan Lokey’s Financial and Valuation Advisory (FVA) business in Mumbai as a managing director in the Portfolio Valuation and Fund Advisory Services practice.
H.I.G. Capital completed its acquisition of Pixelle Specialty Solutions Holding. Headquartered in Spring Grove, PA, Pixelle is a provider of fiber-based specialty solutions in North America. Pixelle owns and operates four specialty paper mills.
Luckin Coffee completed the restructuring of its financial indebtedness and emerged from the bankruptcy proceeding commenced with respect to the company as debtor under Chapter 15 of Title 11 of the U.S. Bankruptcy Code.
First Eagle Investments entered into a definitive agreement to acquire Napier Park Global Capital, an alternative credit manager.
B. Riley Financial agreed to acquire FocalPoint Securities, an independent investment bank based in Los Angeles, for total consideration of up to $175 million.
Mizuho Americas signed an agreement to acquire Capstone Partners, an independent middle-market placement agent focused on fundraising and advisory services to private equity, credit, real asset and infrastructure investment firms.
Regions Financial, the parent company of Regions Bank, entered into a definitive agreement to acquire Clearsight Advisors, a mergers and acquisitions firm. Regions Financial plans to incorporate Clearsight Advisors into Regions Bank’s capital markets division.