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Houlihan Lokey, a global investment bank, announced that Robert M. Wilson has joined the firm as a Managing Director in the Industrials Group, focusing on the packaging and paper sectors. He is based in New York.Wilson joins from SunTrust Robinson... Read Story

June 26, 2019 @ 09:01 AM

The overwhelming majority of U.S. chief executive officers (85%) in the consumer and retail (C&R) industry are looking to inorganic growth strategies over the next three years to build long-term growth.  These CEOs see M&A as an opportunity to... Read Story

Filed Under: Retail
June 26, 2019 @ 09:00 AM

Newtek Business Services Corp., an internally managed business development company (BDC) announced that Newtek Small Business Finance, LLC (NSBF), the Company’s nationally licensed SBA lender subsidiary, increased its existing revolving credit... Read Story

Filed Under: Industry News
June 26, 2019 @ 08:50 AM

Altus Capital Partners, Inc. (Altus), an investment firm focused on highly engineered middle market manufacturing companies, announced it has promoted Nick deMarco to Principal and Joshua Tesoriero to Vice President. Messrs. deMarco and Tesoriero... Read Story

June 26, 2019 @ 08:45 AM

Cambridge Savings Bank (CSB) announced the closing of a $12,500,000 senior secured credit facility with New England and Northeast Linen Supply (NELS), a leading linen service and uniform rental company that provides a full suite of textile products... Read Story

Filed Under: Rental
June 26, 2019 @ 08:39 AM

Bibby Financial Services (BFS), a leading global financier for small and mid-sized businesses, is pleased to announce the appointment of Jay Gardner as EVP, National Sales Manager for its US operations - effective June 17, 2019. In his new role... Read Story

June 26, 2019 @ 08:00 AM

A majority of lenders in the U.S. market believe the number of loans monitored and actively managed by their workout groups will increase over the next year, with distress expected in the retail, energy, healthcare and automotive sectors, according... Read Story

Filed Under: Industry News
June 25, 2019 @ 09:00 AM

BMO Harris Bank’s Asset-Based Lending (ABL) group announced that it has hired Brian Tammaro as Managing Director and Scott Sundal as Director.  In these roles, Tammaro and Sundal will lead BMO’s coverage efforts in the Northeast and Southeast regions... Read Story

June 25, 2019 @ 08:55 AM

City National Bank, America’s Premier Private and Business Bank®, announced its expanded commitment to serving the financial needs of the food and beverage industry in New York and the Midwest by appointing Jennifer Pricco Braasch and Zachary Chubb... Read Story

June 25, 2019 @ 08:50 AM

Signature Bank (SBNY), a New York-based full-service commercial bank, announced today the expansion of both its established Fund Banking Division as well as its recently formed Venture Banking Group, with the appointment of several new banking... Read Story

June 25, 2019 @ 08:45 AM