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Six CPAs Charged with Using Confidential Data to Improve Inspection Results for KPMG
The Securities and Exchange Commission announced charges against six certified public accountants – including former staffers at the Public Company Accounting Oversight Board (PCAOB) and former senior officials at KPMG LLP – arising from their participation in a scheme to misappropriate and use...
CIT Healthcare Closes $136.9MM Acquisition Financing for CommuniCare Health Services
CIT Group Inc. announced that its Healthcare Finance business has closed a $136.9 million senior secured credit facility for CommuniCare Health Services Inc., a privately held company headquartered in Cincinnati, Ohio. The credit facility is comprised of a $121.9 million real estate term loan and a...
Macquarie Capital Expands TMT Group with Senior Appointments in New York
Macquarie Capital, the corporate advisory, capital markets and principal investment arm of Macquarie Group, announced the appointments of Sean McCarthy and Chris Holt as Managing Directors in its North American Telecommunications, Media and Technology (TMT) business. McCarthy and Holt report to...
Monroe Capital Supports Arcapita Investment Management’s Acquisition of MC Sign Company
Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of MC Sign Company by Arcapita Investment Management US, Inc. Financial terms were not disclosed. Based in Mentor, Ohio, MC Sign Company is a...
Brick and Mortar Retail is Not Dying
Bob Epstein
Eaton Hudson’s Bob Epstein on why reports of the death of brick and mortar retail have been greatly exaggerated, and...
12/12/2017 Topic: Retail
When additional collateral is required for an asset-based finance deal...
Brian Connors, managing director of Conway MacKenzie, on why even a flood of new...
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