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The PNC Financial Services Group, Inc. announced a definitive agreement to acquire the U.S.-based commercial and vendor finance business  of ECN Capital Corp., one of the leading non-bank vendor finance businesses in the United States. PNC will... Read Story

February 21, 2017 @ 08:19 AM

Riverbend Growth Partners, a middle market Performance Improvement advisory firm, announced the formation of Riverbend Solutions Group (“RSG”); a multi-disciplined firm established to provide comprehensive solutions for complex middle market... Read Story

Filed Under: New Venture
February 21, 2017 @ 08:00 AM

Caesars Entertainment Corporation and Caesars Entertainment Operating Company, Inc. and its Chapter 11 debtor subsidiaries announced that CEOC has entered into committed financing agreements for proposed new senior secured credit facilities... Read Story

Filed Under: Bankruptcy
February 21, 2017 @ 07:46 AM

Monticello Asset Management, LLC announced that one of Monticello’s investment vehicles participated in providing $14,341,500 of first lien debt financing to a Skilled Nursing Facility in Sacramento, CA. MAM is a Registered Investment Advisor that... Read Story

Filed Under: Healthcare
February 21, 2017 @ 07:39 AM

Cloud Lending Solutions announced that it had closed its latest financing round led by Cota Capital, with all existing investors participating. The proceeds will be used to continue its global expansion and to further develop its industry-leading... Read Story

Filed Under: Lender Finance
February 21, 2017 @ 07:33 AM

After over forty years of running SSi Custom Plastics owner Greig Parks is preparing to retire from the business.  Mr. Parks has engaged M&A Specialist, Equity Partners HG, to locate a buyer that will carry on his legacy of providing on time delivery... Read Story

Filed Under: Plastics
February 21, 2017 @ 07:01 AM

Global professional services firm Huron announced that it has entered into an agreement to acquire Innosight Holdings LLC, a growth strategy firm focused on helping companies navigate disruptive change, enable innovation and manage strategic... Read Story

February 17, 2017 @ 08:00 AM

United Road Towing, Inc. announced that it has commenced a process to restructure its balance sheet and position the company for the future. To facilitate this restructuring, the Company, URT Holdings, Inc. and certain of their subsidiaries have... Read Story

Filed Under: Bankruptcy
February 17, 2017 @ 07:55 AM

Nearly three-quarters (74 percent) of business brokers—professionals who aid in the buying and selling of businesses—expect an increase in new clients coming to market in 2017, according to the quarterly Market Pulse Report published by the... Read Story

February 17, 2017 @ 07:15 AM

Celtic Bank announced that Patrick Phillips has been hired as a Vice President, Business Development in the bank's SBA and Commercial Lending Department. Phillips will be based out of New Mexico and will cover markets across all 50 states.Phillips... Read Story

February 17, 2017 @ 07:00 AM