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Citizens Bank announced the appointment of Jack Murphy as President of Business Banking. Murphy, an industry veteran with more than 25 years of experience, previously served as head of Business Banking Sales. Murphy replaces Chris Ward, who is... Read Story

April 26, 2017 @ 07:58 AM

A Capital One survey of investors, capital providers and advisors found that 96 percent of respondents believe economic conditions are “better” or “the same” as last year, signaling widespread optimism and opportunities among professionals.Capital... Read Story

Filed Under: Economic Commentary
April 26, 2017 @ 07:43 AM

REV Group, Inc. entered into a revolving credit and guaranty agreement providing for a senior secured asset-based revolving credit facility and a term loan and guaranty agreement providing for a $75.0 million senior secured term loan, the material... Read Story

Filed Under: Transportation
April 26, 2017 @ 07:41 AM

Deutsche Bank announced it has hired Philip Pucciarelli and Robert Verdier, two senior Healthcare Investment Bankers, from BMO Capital Markets.Pucciarelli will join as Co-Head of Healthcare Investment Banking alongside Ross Hammerman who joined the... Read Story

Filed Under: Healthcare
April 26, 2017 @ 07:32 AM

Woodbridge International, a mergers and acquisitions firm completing transactions in the lower middle-market, and Vistage, a business advisory and executive coaching organization, announced a strategic partnership to benefit Vistage’s 21,000 members... Read Story

Filed Under: New Venture
April 26, 2017 @ 07:19 AM

MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $13 million senior credit facility to Delaware, Ohio-based Oberfields, LLC as part of an acquisition of the company by Graycliff Partners and... Read Story

Filed Under: Building Supplies
April 26, 2017 @ 07:17 AM

CIT Group announced financial results for the first quarter ended March 31, 2017.For the quarter ended March 31, 2017, the Company reported net income of $180 million compared to $146 million for the year-ago quarter.  Income from continuing... Read Story

Filed Under: Corporate Earnings
April 25, 2017 @ 08:02 AM

The American Bankruptcy Institute announced a new slate of executives. Retired Bankruptcy Judge Eugene R. Wedoff (Chicago) becomes ABI President for a one-year term, succeeding Jeffrey N. Pomerantz of Pachulski Stang Ziehl & Jones LLP (Los Angeles)... Read Story

Filed Under: Association News
April 25, 2017 @ 08:01 AM

Comvest Capital has provided $30 million in financing to ClearOne Advantage. Based in Baltimore, ClearOne is a debt resolution services provider.Comvest Partners, through its lending strategy, Comvest Capital, has acted as administrative agent in a... Read Story

Filed Under: Specialty Industries
April 25, 2017 @ 07:50 AM

LBC Credit Partners, a provider of financing solutions to middle market companies, provided a senior secured term loan to support the recapitalization of KL Outdoor (KL) by New Water Capital.LBC served as the Administrative Agent and Sole Lender for... Read Story

Filed Under: Manufacturing
April 25, 2017 @ 07:19 AM