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NXT Capital Provides $175MM Credit Facility to Material Handling Services
NXT Capital announced that it has upsized the senior credit facility for Material Handling Services to $175 million to support the add-on acquisition of National Glass & Gate Service, Inc. Material Handling Services is a portfolio company of CI Capital Partners.  NXT Capital acted as the joint lead...
Houlihan Lokey Advises on NewStar’s Sale of Equipment Finance Business to Radius
NewStar Financial Inc. announced the sale of its equipment finance business and related assets to Boston-based Radius Bank ("Radius"), a federal savings association, for approximately $140 million in cash.    NewStar Equipment Finance is an independent provider of flexible, equipment financing...
SSG Advises The Picture People in Asset Sale to Monroe Capital Affiliate
SSG Capital Advisors, LLC ("SSG") acted as the investment banker to TPP Acquisition, Inc. d/b/a The Picture People ("TPP" or the "Company") in the sale of substantially all of its assets to affiliates of Monroe Capital Corporation ("Monroe"). The sale was effectuated through a Chapter 11 Section 363...
Alvarez & Marsal Names Hickman Co-Head of Restructuring Practice, Southern Region
Leading global professional services firm Alvarez & Marsal (A&M) has promoted Managing Director Jonathan Hickman to the role of Co-Head of the Southern Region for its North American Restructuring division. He will lead the region along with Managing Director Brian Cejka. Hickman specializes in...
Strict Foreclosure Under Article 9: The Born Legacy
Robert M. Wonneberger
A Kansas Supreme Court decision illustrates some of the issues a secured lender must consider when contemplating strict...
12/1/2016 Topic: Legal Issues
Marquette Business Credit’s Ron Vanek shares his response to the eternal...
Attorney Robert Flanders discusses actions asset-based lenders can take to...
Topic: Bankruptcy
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