Deutsche Bank Supports Bain Capital Private Equity’s Acquisition of Fogo de Chão

Fogo de Chão, a Brazilian steakhouse restaurant brand, entered into a definitive agreement to be acquired by Bain Capital Private Equity to accelerate growth and expansion. Deutsche Bank led debt financing for the transaction and is also serving as financial advisor to Bain Capital.

August 16, 2023 Adam Nebesar | Bain Capital Private Equity | Barry McGowan | Deloitte | Deutsche Bank | Eytan Tigay | Fogo de Chão | Kirkland & Ellis | Lucas Flynn | Mark Saadine | Morgan Stanley | PwC | Rhône Capital | Sullivan & Cromwell Ian Koplin

UMB Agents $1.5B Warehouse Facility for Griffin Global Asset Management

UMB Bank is serving as administrative agent for an amended $1.5 billion senior secured warehouse facility for two entities jointly established by Griffin Global Asset Management and Bain Capital Credit.

August 15, 2022 A&L | Bain Capital Credit | Bank of America | Barclays Bank | Deutsche Bank | Goldman Sachs | Griffin Global Asset Management | Hughes Hubbard & Reed | John Beekman | Maples and Calder (Cayman) | Maples and Calder (Ireland) | Milbank | Mizuho Americas | Morgan Stanley | PNC Bank | PwC | Societe Generale | UMB Bank | Wells Fargo Bank Ian Koplin

Wells Fargo Provides $93.6MM Asset-Based Lending Facility to Mach Recruitment

Wells Fargo Capital Finance UK led a £70 million ($93.6 million) asset-based lending facility with BNP Paribas Commercial Finance for Mach Recruitment.

March 3, 2022 BNP Paribas Commercial Finance | Julian Osborne | Mach Recruitment | Marc Allison | Mark Keegan | PwC | Richard Siddall | Squire Patton Boggs | Tom Telford | Trish Grinyer | Weightmans | Wells Fargo Capital Finance UK Ian Koplin

Mizuho Americas Acquires Capstone Partners

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.

January 12, 2022 Capstone Partners | Clay Deniger | Debevoise & Plimpton | Houlihan Lokey | Jerry Rizzieri | Keefe Bruyette & Woods | Michal Katz | Mizuho Americas | PwC | Shuji Matsuura | Steve Standbridge | Vinson & Elkins Phil Neuffer

Financial Institutions Will Increase Use of Gig Economy Workers in Near Future

More than half (52%) of financial institutions expect to have more gig-based employees over the next three to five years, according to a report from PwC.

February 26, 2021 Gig Economy | John Garvey | Nicole Wakefield | PwC Phil Neuffer

PwC Report: Financial Institutions are Headed for a Once-in-a-Generation Change

PwC’s recent report, “Securing your tomorrow, today – The future of financial services,” predicted that alternative providers of capital are on track to become an even more important part of the global financial system.

October 2, 2020 John Garvey | PwC Ellie Delany

PwC Reaches $335MM Settlement with FDIC Over Audits of Failed Bank

The FDIC reached a $335 million settlement with PricewaterhouseCoopers related to professional negligence claims brought by the FDIC against accounting firm arising out of the audits of the failed Colonial Bank.

March 18, 2019 Colonial Bank | FDIC | Federal Deposit Insurance Corporation | PricewaterhouseCoopers | PwC Amanda Koprowski

PwC Picks Timothy Ryan as U.S. Chairman

PricewaterhouseCoopers selected Timothy F. Ryan as its new U.S. chairman for a four-year term beginning on July 1, 2016, succeeding Bob Moritz, who is becoming global chairman.

April 18, 2016 PricewaterhouseCoopers | PwC | Timothy F. Ryan Rita Garwood

Fintech Investment is Future of Canadian Banking

According to PwC’s Canadian Banks 2016 report: Embracing the FinTech Movement, Canadian banks are focused on responding to the threats and opportunities posed by new companies building financial technology (fintech) solutions.

March 11, 2016 fintech | PwC ABF Journal

CEO Confidence Declines in Q3/15

The Conference Board and PwC’s Measure of CEO Confidence, which had improved in the first half of the year, declined to 48 in the Q3/15, down from 58 in Q2/15. A reading of more than 50 points reflects more positive than negative responses.

October 12, 2015 PwC | The Conference Board Rita Garwood