Deerpath Capital Management closed Deerpath CLO 2024-1, a $452.61 million collateralized loan obligation (CLO). This marks Deerpath's first new issuance CLO in 2024. Including a CLO reset and upsize in July 2023 and CLO 2023-2, this transaction... Read Story

Middle market private companies in the Golub Capital Altman Index grew earnings by 11% during the first two months of the first quarter of 2024. Revenue grew 5% during the same period.Lawrence E. Golub, CEO of Golub Capital, said, “Growth in Q1 2024... Read Story

Altera, an alternative asset manager that capitalizes the lower middle market, has surpassed $400 million of capital commitments across its flagship private equity strategies and thematic private investments. Since inception, the firm has backed over... Read Story

Comvest Partners announced the final close of its sixth flagship private equity fund, Comvest Investment Partners VI, L.P. (“CIP VI”, or the “Fund”), with total capital commitments of $881 million.“We appreciate the strong reception CIP VI received... Read Story

Cambridge Wilkinson announced the spin out and full support of an affiliate, BCB Equity Partners, an independent private equity firm which will pursue control and buyout transactions in the lower middle market. The geographic focus of BCB will be... Read Story

BlackRock TCP Capital Corp. and BlackRock Capital Investment Corporation announced that the shareholders of each business development company (“BDC”) have voted to approve the necessary proposals related to the merger of TCPC and BCIC at each company... Read Story

Bain Capital Credit announced that the firm’s Private Credit Group invested approximately $2 billion to support the growth of middle market and private equity-backed companies in 2023.Bain Capital Credit’s Private Credit Group invested in 58... Read Story

U.S. middle market (MM) issuance was flat in 2023, according to a new Fitch Ratings report. The report, which incorporates data from Fitch’s LevFin Insights, shows that issuance was $36.5 billion in 2023, compared to $36.7 billion in 2022, and down... Read Story

Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support CIVC Partners’ investment in HR Green (the “Company”), a provider of infrastructure design, consulting, and civil... Read Story

The 2024 CFO Outlook Survey found that with continued economic uncertainty tied to interest rates, inflation, geopolitics, and the upcoming presidential election, many CFOs have moderate expectations for 2024 compared to the previous year: Now, 32... Read Story

Middle market private companies in the Golub Capital Altman Index grew earnings by 16% during the first two months of the fourth quarter of 2023, the highest year-over-year earnings growth since Q2 of 2021. Revenue grew 7% during the same period.... Read Story

Maranon Capital closed Maranon Loan Funding 2023-2, Ltd., a $400 million collateralized loan obligation (“CLO”). This represents the eleventh CLO issued by Maranon.Maranon Loan Funding 2023-2 will primarily invest in leveraged loans to middle market... Read Story

Percent released their market outlook for 2024. The report, titled Percent’s 2024 Private Credit Outlook, summarizes the key macroeconomic trends from 2023 that propelled the asset class forward, with insights on what investors can expect for the... Read Story

Capstone Partners released its 2023 Middle Market Business Owners Survey Report, with insights from privately-owned companies across the U.S. This report combines Capstone's in-depth middle market knowledge with proprietary data obtained from 435... Read Story

The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP (RSM) in partnership with the U.S. Chamber of Commerce, increased to 132.9 in the fourth quarter from 129.6 in the previous quarter on a seasonally adjusted basis. The MMBI... Read Story

RainStar Capital Group, a Michigan based national debt advisory firm, promoted Managing Director Tom Kessel to the role of Team Leader of the Middle Market lending division.  RainStar Capital Group led by CEO - Kurt Nederveld made the following... Read Story

JPMorgan Chase and Next Street released The Middle Matters: Exploring the Diverse Middle Market Landscape, a new report that provides insights into the midsize businesses that power our economy. Conducted and analyzed by Next Street, the research... Read Story

Rising real interest rates are pushing up the cost of commercial and industrial loans, making it harder for middle-market businesses to meet payrolls and finance their expansion, according to the RSM US Middle Market Business Index (MMBI) Funding... Read Story

Graycliff Partners announced the closing of the firm’s fifth lower middle market private equity fund, Graycliff Private Equity Partners V (the “Fund”). The oversubscribed Fund closed at its hard cap of $600 million in limited partner commitments in a... Read Story

Mercatus Finance, a cash flow lending specialty finance company, announced its official launch. Strategically backed with equity from Arena Investors, Mercatus fills an important void for smaller companies seeking cash flow based loans from $20... Read Story

Ridgemont Equity Partners, a middle market private equity firm, announced the following promotions: Michael Mandl to Principal, Tom Polak, Sam Poole, and Andrew Schultz to Vice President, Pete Thompson to Senior Associate, and John Chirokas to Chief... Read Story

Middle market private companies in the Golub Capital Altman Index grew earnings by 13% during the first two months of the third quarter of 2023, the highest year-over-year earnings growth since Q3 of 2021. Revenue grew 8% during the same... Read Story

ACME Credit Partners, a newly launched New York-based credit-focused investment firm, will provide creative liquidity solutions to the lower middle market.ACME Credit Partners is led by Peter Eschmann and Jay Rogers — both former Managing Directors... Read Story

Centerbridge Partners and Wells Fargo & Company announced they are entering into a strategic relationship focused on direct lending to non-sponsor North American middle market companies. To meet the alternative credit needs of this segment... Read Story

The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP ("RSM") in partnership with the U.S. Chamber of Commerce, remained essentially unchanged, inching down to 129.3 in the third quarter from 131.1 in the prior quarter on a... Read Story

New data released in the 2023 Mid-Year Middle Market Indicator (MMI), from Chubb and the National Center for the Middle Market (NCMM), reveals that against the backdrop of a challenging economy, middle market companies are thriving with nearly three... Read Story

Despite continued macroeconomic challenges, just under half of U.S. midsize business leaders expect a recession in the second half of 2023, finds JPMorgan Chase’s 2023 Midyear Business Leaders Outlook survey released today. Forty-five percent of... Read Story

Middle market private companies in the Golub Capital Altman Index experienced year-over-year earnings growth of 5% and revenue growth of 4% during the first two months of the second quarter of 2023.Lawrence E. Golub, CEO of Golub Capital, said... Read Story

Man Group plc entered into an agreement to acquire a controlling interest in Varagon Capital Partners, L.P., a leading U.S. middle market private credit manager with $11.8B of assets under management (‘AUM’) and $15.4B of total client... Read Story

Capstone Partners released its Q1 2023 Capital Market Update, reporting that total middle market merger and acquisition (M&A) volume declined 14.3% year-over-year (YOY) in Q1 2023 as macroeconomic headwinds caused a slowdown in dealmaking. However... Read Story

The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP (RSM) in partnership with the U.S. Chamber of Commerce, eased to 131.3 in the second quarter, down modestly from 134.0 in the first quarter on a seasonally adjusted basis. This... Read Story

Turnspire Capital Partners, a New York-based private equity firm focused on complex situations in the middle market, announced several recent additions to its team. These exceptional individuals bring a tremendous amount of expertise to Turnspire’s... Read Story

Ares Management Corporation announced the launch of Ares Strategic Income Fund (“ASIF”), a perpetual capital, continuously offered, non-traded business development company, which seeks to primarily invest in directly originated, senior secured... Read Story

Middle market private companies in the Golub Capital Altman Index experienced year-over-year earnings growth of 11% and revenue growth of 11% during the first two months of the first quarter of 2023. Lawrence E. Golub, CEO of Golub Capital, said... Read Story

The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP ("RSM") in partnership with the U.S. Chamber of Commerce, increased to 134 in the first quarter, up 9.4 points from the previous quarter. Easing inflation and solid household... Read Story

Monroe Capital was selected as the recipient of two separate Private Debt Investor (“PDI”) awards, including the 2022 Lower Mid-Market Lender of the Year and CLO Manager of the Year in the Americas.  PDI is published by PEI, the only global B2B... Read Story

Rainier Partners, a private equity firm investing in lower middle-market services businesses, completed fundraising for Rainier Partners Fund I at its hard cap of $300 million, in excess of its $250 million target. The fund’s limited partners include... Read Story

PGIM Private Capital provided $16.1 billion of senior debt and junior capital to 241 middle-market companies and projects globally in 2022, completing a second consecutive record year of originations for the firm. PGIM Private Capital is a leading... Read Story

Nuveen, the $1.1 trillion investment manager of TIAA, and Churchill Asset Management, an investment-specialist affiliate of Nuveen, announced that Nuveen Churchill Private Capital Income Fund (PCAP) will offer qualified individual investors1 access... Read Story

Audax Private Debt, a leading provider of financing solutions for middle market private equity sponsors, successfully closed Audax Direct Lending Solutions Fund II, LP (“DLS Fund II”) with $3.0 billion of capital commitments. The new fund, which... Read Story

Middle market private companies in the Golub Capital Altman Index experienced year-over-year earnings growth of 9% and revenue growth of 11% during the first two months of the fourth quarter of 2022. Read the latest edition of the Golub Capital... Read Story

Cresset Partners has launched the Cresset Partners Private Credit Fund, LLC (the "Fund"). The Fund invests in a diversified portfolio of private senior secured loans, among other private credit opportunities, with the objective of delivering... Read Story

Seaside Equity Partners closed its second private equity investment fund, Seaside Equity Partners II, L.P. (“Seaside Fund II”). Seaside began fundraising in September 2022 with an initial target of $225 million. With the support from our existing... Read Story

Churchill Asset Management completed fundraising for Churchill Junior Capital Opportunities Fund II (the “Fund”) with $737 million of limited partner commitments, exceeding its original target of $500 million and well above the size of its $300... Read Story

Provident Bank released the results of its 2023 Economic Outlook Survey. The survey polled 1,000 small-to-medium-sized business owners and executives and explores predictions for 2023’s economic outlook in addition to measuring respondents' thoughts... Read Story

Brightwood Capital Advisors announced it has priced Brightwood Capital MM CLO 2020-1, Ltd. Reset, a $426 million collateralized loan obligation. This CLO represents the fourth CLO issued by the firm since 2019. The vehicle is backed by loans the firm... Read Story

The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP (“RSM”) in partnership with the U.S. Chamber of Commerce, eased to 124.2 in the fourth quarter, down 12.5 points from the previous quarter. While the index remains at a level... Read Story

Veteran private equity fund manager Richard Waryn has joined forces with transportation and logistics entrepreneur Todd Harman and M&A specialist Michael Seeley to form Ridgefield Partners LLC, a top-tier mergers & acquisitions and strategic advisory... Read Story

Middle market private companies in the Golub Capital Altman Index experienced year-over-year revenue growth of 12% and earnings decline of 2% during the first two months of the third quarter of 2022. This compares to year-over-year revenue growth of... Read Story

The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP ("RSM") in partnership with the U.S. Chamber of Commerce, increased to 138.5 in the third quarter, up 7.3 points from the previous quarter. The statistically significant increase... Read Story

CIT, a division of First Citizens Bank, announced that the Specialty Finance unit of its Asset-Based Lending business provided $100 million in financing to Stonegate Capital, a middle-market asset-based lender primarily focused on the consumer... Read Story

CenterOak Partners, a Dallas-based private equity firm, announced that Mark Langer has joined the firm as a Managing Director. Langer brings twenty years of middle market transaction experience to CenterOak and joins a team of now 24 professionals.... Read Story

White Oak Global Advisors announced that the firm, together with its financing affiliates, provided over $1 billion in loans across all platforms between January 1 and June 30, 2022. The total dollar amount accounts for the combined value of 45... Read Story

Comerica Bank named Corey Bailey, Executive Vice President, Credit Risk Management & Decisioning, to the new role of Executive Vice President, Head of Middle Market & Business Banking. Bailey will report to Peter Sefzik, Executive Vice President... Read Story

Thompson Street Capital Partners (“TSCP”), a private equity firm focused on investing in founder-led middle market businesses, cloed its sixth committed capital investment fund, Thompson Street Capital Partners VI LP (“TSCP VI” or the “Fund”). The... Read Story

New data released from Chubb and the National Center for the Middle Market (NCMM), housed at The Ohio State University Max M. Fisher College of Business, reveals that middle market firms are continuing to report sustained growth despite ongoing... Read Story

Red Mountain Capital Partners LLC (“Red Mountain”) announced the launch of Red Mountain Capital Advisors LLC (“RMCA”) and Red Mountain Securities LLC (“RMS”), an investment banking platform focused exclusively on providing advisory services for... Read Story

Comvest Credit Partners acted as Administrative Agent in providing a new $120 million senior secured credit facility to Purchasing Power. The transaction, with institutional alternative management firm Crestline Investors, marks a continuation of... Read Story

Capstone Partners announced that Peter Nam, Managing Director, has been named Head of the firm's Industrial Technology Investment Banking Group (ITG). Based in Orange County, CA, Nam has been with Capstone for 15 years, focusing on advising middle... Read Story

Ivy Asset Group announced the final close of its 2022 Ivy Credit Opportunity Fund ("Fund") with $115 million of capital raised, including targeted fund leverage and separately managed accounts investing alongside the Fund.  The Fund primarily targets... Read Story

The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP ("RSM") in partnership with the U.S. Chamber of Commerce, increased to 130.6 in the second quarter of this year from 126.3 in the previous quarter. Business conditions in the... Read Story

MidOcean Partners, a New York–based alternative asset manager specializing in middle-market private equity and alternative credit investments, announced that Erik Oken, former Global Chairman of Investment Banking at JP Morgan, has joined the firm as... Read Story

Kian Capital Partners, a middle-market focused private investment firm, announced the addition of three new team members to support the firm’s continued growth. Thomas Bullock and Doyle Silvia join the firm as Associates, and Mikaela Palma as Senior... Read Story

Stellus Capital Management, a leader in middle market direct lending, announced the final close of Stellus Credit Fund III (“SCF III” or “the Fund”). The Firm materially exceeded its target fundraising goal with approximately $1.8 billion of... Read Story

KeyBank and Beach Point Capital Management, a credit focused investment manager, announced that they have established a new joint venture middle market direct lending program with $1.5 billion in lending capacity for U.S. middle market clients.The... Read Story

Deerpath Capital Management announced the closing of Deerpath CLO 2022-1, a $375 million collateralized loan obligation (CLO).Deerpath CLO 2022-1 represents the fifth CLO issued by Deerpath since 2018 and brings the firm's total CLO assets under... Read Story

JPMorgan Chase Commercial Banking named Arnold Evans as Managing Director and Co-Head of Emerging Middle Market (EMM) within the Middle Market Banking & Specialized Industries (MMBSI) business. In this new role, Evans will partner with fellow EMM... Read Story

Charlesbank Capital Partners, a middle-market private investment firm, announced the hiring of Kevin Whelan as Chief Financial Officer. Whelan brings more than 30 years of experience at financial services firms. He will oversee the management and... Read Story

Stellus Capital Management announced that its affiliates provided senior debt financing and an equity co-investment in support of Abry Partners’ investment in Inoapps Ltd..  Inoapps, led by CEO Andy Bird, is an award-winning global Oracle partner... Read Story

Blue Ridge Bank announced the establishment of its middle market banking division. This effort entails the buildout of commercial banking teams in attractive MSA's in the Mid Atlantic and Southeast.   The division is led by C. Douglass Riddle... Read Story

Kayne Anderson Private Credit ("KAPC"), the middle market private credit group of Kayne Anderson Capital Advisors, L.P., successfully closed the firm’s fourth middle market senior credit fund, Kayne Senior Credit Fund IV ("KSCF IV"). Over the last... Read Story

Ares Management Corporation announced that its subsidiary, Ares Capital Management LLC, has entered into a definitive agreement to acquire, on behalf of funds managed by the Ares Credit Group, the Middle Market Lending portfolio (the “Portfolio”)... Read Story

Monroe Capital has been recognized by Global M&A Network as the Small Mid-Markets Lender of the Year. Award winners were honored at the virtual Americas M&A Atlas Awards Gala held on January 29th.This award recognizes the firm’s notable... Read Story

Summit Park, a Charlotte-based lower middle market private equity firm, announced recent promotions at the firm.Jason Carlock, Drew Gilbert, Rachel Hannon, and Mike York have all been promoted to Partner. Chris Cotton has been promoted to Financial... Read Story

Middle market private companies in the Golub Capital Altman Index experienced year-over-year earnings growth of 9% and revenue growth of 18% during the first two months of the first quarter of 2022. This report marks a return to the typical year-over... Read Story

In November 2021, SG Credit Partners acquired Stonegate Capital and announced its entry into asset-based lending with a focus on high-growth consumer products. The result of the combined companies is the ability to deliver a complete range of... Read Story

Comvest Credit Partners, a provider of flexible financing solutions to middle-market companies, has acted as Administrative Agent in providing a $109 million senior secured credit facility to Oceans Healthcare, a Plano, Texas-based provider of... Read Story

Arena Investors and Encina Lender Finance (“ELF”) closed a $300 million credit facility (which includes an accordion feature) for Arena’s Corporate Private Credit business segment, which provides capital to privately-held companies.Arena has a track... Read Story

Pacific Western Bank announced Scott Frederick has joined the bank as a Senior Vice President, Business Development Officer on its asset-based lending team. He will be located in Oak Park, IL. He will be driving the bank’s efforts to deliver... Read Story

The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP (“RSM”) in partnership with the U.S. Chamber of Commerce, eased to 125.1 in the first quarter of this year from 130 in the previous quarter as the omicron variant and rising... Read Story

Monroe Capital announced record investment activity for 2021. The firm closed in excess of $6.3 billion in new financing commitments across 131 separate transactions. Monroe’s assets under management increased by 35% to $12.7 billion as of December... Read Story

Year-end 2021 data from Chubb and the National Center for the Middle Market (NCMM), housed at The Ohio State University Fisher College of Business, reveals that middle market firms' optimistic economic outlook and continued recovery from the pandemic... Read Story

Bain Capital Credit announced that the firm’s Private Credit Group invested $2.7 billion to support the growth of middle market and private equity-backed companies in 2021.Bain Capital Credit’s Private Credit Group invested in more than 100... Read Story

Cerebro Capital, a commercial loan marketplace, released its Q4 2021 survey on non-bank lending for middle-market commercial and industrial (C&I) loans. Cerebro reports commercial lenders continued to ease lending standards in the fourth quarter... Read Story

Bain Capital Specialty Finance announced the formation of Bain Capital Senior Loan Program, LLC ("SLP"). The SLP will provide BCSF with greater balance sheet flexibility to capitalize on senior middle market loan opportunities to borrowers in North... Read Story

PineBridge Investments, a global asset manager, announced the final close of PineBridge Private Credit II (“Fund II”) as of 31 January 2022, as part of the firm’s lower-middle-market direct lending strategy. Together with separately managed account... Read Story

Wells Fargo & Company announced that Jessica Lupovici has been named head of Middle Market Banking’s East Region, part of Commercial Banking. Lupovici will join Wells Fargo in April and report to Kristin Lesher, executive vice president and head of... Read Story

Cerebro Capital, a commercial loan marketplace, announced the appointment of John Robinson and James Paterson as Managing Directors of Credit Origination. Together, Robinson and Paterson will source credit opportunities among private equity firms... Read Story

Middle-market companies and private-equity firms foresee an extremely strong year for the M&A market in 2022, with bullish forecasts for both deal volumes and for company valuations, according to a Citizens survey of 400 leaders at U.S. middle market... Read Story

Middle market private companies in the Golub Capital Altman Index experienced EBITDA growth of 22% and revenue growth of 21% in October and November 2021 compared to their October and November 2019 earnings and revenue. The data in this report... Read Story

Twin Brook Capital Partners, the middle market direct lending subsidiary of Angelo Gordon, committed $3.5 billion to private equity sponsors in support of healthcare transactions last year, completing 60 healthcare transactions across 33 subsectors.... Read Story

Blue Owl Capital, a leading alternative asset manager, will bring its institutional quality middle-market lending capabilities to Canadian accredited investors. The initiative positions Blue Owl as one of the first U.S.-based private credit managers... Read Story

Hunter Point Capital (“HPC”), an investment firm focused on taking minority stakes in middle-market alternative asset managers, announced a strategic investment in Iron Park Capital (“IPC”), a global alternative investment manager with deep... Read Story

Small and midsize U.S. business leaders remain confident in their companies and resourceful in their approaches to confronting macroeconomic challenges that have created growing pains over the last year, finds JPMorgan Chase’s 2022 Business Leaders... Read Story

Cerebro Capital, a commercial loan marketplace, released its Q3 2021 survey on non-bank lending for middle-market commercial and industrial (C&I) loans. Cerebro reports lenders continued to ease lending standards, making it easier for businesses to... Read Story

CIFC Asset Management has entered into an agreement to acquire LBC Credit Partners (“LBC”), a leading middle market direct lending platform. CIFC’s acquisition of LBC follows a series of positive developments for the firm, which in 2021 grew its... Read Story

The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP ("RSM") in partnership with the U.S. Chamber of Commerce, posted a reading of 129.7 for the final quarter of 2021, which is an expected decline from the index's all-time peak of... Read Story

Turning Rock Partners, a New York-based private investment firm, is expanding its platform with key hires across the organization. Notably, TRP has hired Catherine Bonelli to be its new Chief Financial Officer (CFO). Bonelli brings more than 30 years... Read Story

The middle market, defined as organizations with annual revenues between $10 million and $1 billion, is responsible for one-third of private sector GDP and employment (HBR). New research from Capital One and Morning Consult explored how middle market... Read Story

Wells Fargo announced that 21-year company veteran Kristin Lesher will lead Middle Market Banking, effective immediately. She reports to Kyle Hranicky, CEO of Wells Fargo Commercial Banking.An industry leader in serving middle market companies, Wells... Read Story

Audax Private Debt, as Joint Lead Arranger and Bookrunner, provided a unitranche credit facility to support the acquisition of Genesee Scientific (“Genesee” or the “Company”) by LLR Partners, a Philadelphia-based private equity firm focused on... Read Story

White Oak Global Advisors has successfully completed fundraising for White Oak Yield Spectrum Fund V (“the Fund”) and other associated vehicles with over $1.3 billion of total committed capital. An additional commitment of up to $1.0 billion was... Read Story

Ares Management Corporation announced the final closing of Ares Private Credit Solutions II (“APCS II” or the “Fund”). APCS II was oversubscribed with $5.1 billion of commitments compared to its $4.0 billion target and is approximately 50% larger... Read Story

J.P. Morgan Commercial Banking has appointed Kathryn McDonough as Co-Head of Healthcare for the Middle Market Banking & Specialized Industries (MMBSI) business, leading coverage for Life Sciences companies. McDonough will lead MMBSI’s national team... Read Story

Middle market private companies in the Golub Capital Altman Index experienced EBITDA growth of 21% and revenue growth of 24% in July and August 2021 compared to their July and August 2019 earnings and revenue. The data in this special edition report... Read Story

FrontWell Capital Partners (“FrontWell”), a private credit fund that provides transitionary senior debt financing to middle-market companies in the United States and Canada, has added to its team two experienced professionals with expertise in... Read Story

Delta Financial Group, an equipment finance platform that provides capital for enterprise-level, business-critical equipment, has received a significant strategic growth investment from an affiliate of Peak Rock Capital, a leading middle-market... Read Story

Great Rock Capital announced Justin Anderson has joined the firm as Director of Originations. Anderson will be based in Chicago and is responsible for expanding origination efforts in Minnesota, Wisconsin, Missouri, and Iowa, while also working with... Read Story

Cerebro Capital, a commercial loan platform, released its Q2 2021 survey on non-bank lending for middle-market commercial and industrial (C&I) loans. Lenders saw increased demand for credit because of the booming M&A market and the improving economy... Read Story

Freeport Financial Partners, a U.S. lower middle market direct lending manager, announced the appointment of Stephanie Hartnett as Assistant Vice President, responsible for sourcing, structuring, and managing debt investments for the Freeport loan... Read Story

The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP ("RSM") in partnership with the U.S. Chamber of Commerce, increased from 133.6 in the second quarter to 145.5 in the third quarter of 2021. The data revealed that business... Read Story

PennantPark Investment Advisers announced that Pete Mitchell has joined the company as Managing Director, Head of Private Capital Fundraising. Mitchell will lead fundraising for PennantPark’s private vehicles as the firm continues to expand its... Read Story

Umpqua Bank  released its annual 2021 Business Barometer, an in-depth study into the mood, mindset and strategic priorities of nearly 1,200 leaders at small and middle-market companies across the United States. Despite the heavy toll businesses... Read Story

Antares announced that it closed 139 transactions totaling almost $11 billion in financing commitments to middle market private equity-backed companies in the first half of 2021.“Antares’ performance in the first half of 2021 illustrates the... Read Story

Star Mountain Capital, a specialized investment manager focused exclusively on investing in private small and medium-sized businesses (lower middle-market), announcee that Bob Shettle has joined as a Managing Director. With thirty years of experience... Read Story

PGIM Private Capital provided nearly $6.5 billion of senior debt and junior capital to more than 100 middle-market companies and projects globally in the first half of 2021, marking the second largest first-half origination volume over the past... Read Story

Golub Capital published a special edition of the Golub Capital Middle Market Report for Q2 2021. The report compared the April and May 2021 revenue and earnings of middle market private companies in the Golub Capital Altman Index to revenue and... Read Story

Golub Capital BDC originated $614.7 million in new middle-market investment commitments during the three months ended June 30, 2021. Approximately 80% of the new middle-market investment commitments were one stop loans, 15% were senior secured loans... Read Story

PennantPark Investment Advisers announced the successful closing of its fifth comingled fund, PennantPark Senior Credit Fund Levered, LP (“PSCF-Lev” or the “Fund”), securing $460 million in additional investment capacity and taking another... Read Story

Palladium Equity Partners announced that Meahgan O'Grady has joined the firm as Director of Business Development, a newly-created position.In her new role, Ms. O'Grady will work with all of Palladium's deal teams on sourcing and origination... Read Story

Monroe Capital has been recognized by Global M&A Network as the Mid-Markets Lender of the Year. Award winners were honored at the virtual U.S.A. M&A Atlas Awards Gala held on May 26th. This award recognizes the firm’s notable value-creating... Read Story

Churchill Asset Management has forged a strategic alliance with Hunter Point Capital, an independent investment firm focused on taking minority stakes in General Partners (GPs) targeting middle market private equity, credit, real estate and... Read Story

Monroe Capital closed a $455 million term debt securitization known as Monroe Capital MML CLO XI, LTD. The term financing was Monroe’s sixth CLO completed since March 2018 and is secured by a portfolio of middle market senior secured loans. Monroe... Read Story

Cerebro Capital, a commercial loan platform, released its Q1 2021 survey on non-bank lending for middle-market commercial and industrial (C&I) loans. The results are paired with the Federal Reserve's 1Q21 survey of commercial banks to illustrate a... Read Story

Big Shoulders Capital Chairman David Muslin has announced an expanded itleadership team as the company plans for the next generation of growth. Joe Prudden has been promoted to President of the company from Chief Financial Officer, Alex Mazer is... Read Story

MidCap Financial raised more than $800 million of new equity from a diverse group of global investors that included Apollo clients, including Athene as well as pensions, sovereign wealth funds and other leading institutions.Proceeds from the raise... Read Story

Middle market private companies in the Golub Capital Altman Index experienced year-over-year earnings growth of 16.3% and revenue growth of 3.2% during the first two months of the first quarter of 2021. This compares to year-over-year earnings growth... Read Story

Golub Capital BDC originated $234.7 million in new middle-market investment commitments during the three months ended March 31, 2021. Approximately 75% of the new middle-market investment commitments were one stop loans, 24% were senior secured loans... Read Story

Antares launched its fifth annual outlook survey, Compass 2021 presenting analysis of perspectives on the middle market from portfolio companies, private equity sponsors and investors.The report suggests confidence in the U.S. economy and private... Read Story

Osceola Capital was named a 2021 TOP 50 PE Firm in The Middle Market. Osceola's inclusion on the TOP 50 PE list affirms its position as one of the leading private equity firms in the middle market. In naming Osceola to its list, the TOP 50 PE Firms... Read Story

The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP ("RSM") in partnership with the U.S. Chamber of Commerce, rose slightly in January 2021 to 124 from 121 in December 2020, indicating that while the U.S. economy continues to see... Read Story

Freeport Financial Partners announced the appointments of James Colletti and Ryan VanDagens as Associates, responsible for sourcing, structuring, and managing middle-market debt investments for the Freeport loan funds. Both Mr. Colletti and Mr.... Read Story

Umpqua Bank added Dave Ericksen to its Pacific Northwest (PNW) middle market banking leadership team as senior vice president and middle market director. Recognized as one of the PNW region's leading corporate bankers, Ericksen strengthens Umpqua's... Read Story

Antares announced that it closed more than 55 healthcare industry transactions in 2020 bringing total commitments to healthcare borrowers to more than $4.5 billion. Throughout 2020, Antares supported the refinancing and growth initiatives of existing... Read Story

Antares closed more than 220 transactions in 2020, issuing nearly $14 billion in financing commitments to middle market private equity-backed companies. In a record Q4, the firm closed 120 transactions with commitments of $9.3 billion, supporting the... Read Story

An improved public health environment and the possibility of higher capital gains taxes will likely drive increased merger and acquisition activity in 2021, according to Citizens’ 2021 Middle Market M&A Outlook. Companies will rely on M&A for growth... Read Story

Tree Line Capital Partners announced the expansion of its lower middle-market direct lending platform adding a Small Business Investment Company (SBIC), an Austin, TX office and three new team members. 2020 presented significant volatility and market... Read Story

Hudson Avenue Partners, a Detroit and New York-based advisory firm specializing in designing, structuring and raising debt and equity capital facilities within the middle market, announced its official launch.Founded by seasoned investment banking... Read Story

Churchill Asset Management achieved record levels for the firm in both capital raising and investment activity in 2020. Churchill raised over $6.4 billion of new committed capital in 2020, more than doubling 2019 fundraising figures, with an... Read Story

The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP ("RSM") in partnership with the U.S. Chamber of Commerce, remained steady in October, indicating the U.S. economy is continuing to emerge from the pandemic-induced recession. The... Read Story

Northpoint Commercial Finance (“Northpoint”), a North American diversified financial services company, has broadened its financing solutions to include asset-based lending for U.S.-based middle-market companies. Northpoint is a market leader in... Read Story

Executive and board director compensation practices have come under more scrutiny as a result of the pandemic. BDO USA, LLP has released two separate reports, one on CEO and CFO compensation and one on board compensation, which explore how... Read Story

The continued deterioration in credit quality of issuers due to the coronavirus pandemic resulted in a large number of U.S. middle market (MM) CLOs failing a variety of tests for the first time in 2Q20, according to Fitch Ratings' latest U.S. MM CLO... Read Story

Lenders are expecting default rates on middle market loans to spike in the second quarter as the fallout from the coronavirus pandemic makes an impact on the ability to repay debt.That's according to a story in Bloomberg News that cites a new new... Read Story

Partners Capital Finance Inc. DBA Archway Fund and the principals of alternative investment manager Oakhurst Advisors have successfully completed a recapitalization of the Los Angeles-based direct portfolio bridge lender, which will now originate... Read Story

More lenders are turning toward opportunities in the lower middle market, a function of stricter covenants, increased competition for larger deals and added protections of lending to smaller firms.Reuters reports that the growing size and... Read Story

Middle market chief financial officers are facing widespread shifts—from trade wars to digital disruption—but they aren’t backing down from the challenge. According to BDO’s 2020 Middle Market CFO Outlook Survey, 56% of middle market CFOs expect a... Read Story

Business leaders surveyed by Citizens Commercial Banking are feeling less urgency to engage in mergers and acquisitions, but sellers with standout businesses can still expect a relatively strong year.Survey respondents see companies relying more on... Read Story

Umpqua Bank, a West Coast regional bank, released its "State of the Middle Market 2020," a national survey gauging the confidence of companies that together account for one-third of all U.S. private sector GDP. More than 500 decision-makers at middle... Read Story

Computer hardware and software upgrades are topping the list of investments planned by middle market companies, which regard technology as a key driver of their growth, according to a new survey conducted by The Harris Poll for CIT Group Inc.Middle... Read Story

Wells Fargo Capital Finance, part of Wells Fargo Commercial Capital, announced it has completed its U.S. sales leadership team for the Middle Market Asset-Based Lending (ABL) group, which focuses on transactions under $35 million. With more than a... Read Story

Syndicated loan issuance to U.S. middle market firms jumped 48% in the second quarter of 2019 following a slow start during the first three months of the year. That's according to a report from Reuters that said loan totals reached $39.6 billion... Read Story

Middle market companies across the Western U.S. are bullish on their growth prospects well into 2020, even as they confront near-term economic uncertainty and ongoing market disruptions. According to the 2019 Umpqua Bank Middle Market Monitor, a... Read Story

Marcum LLP and Hofstra University’s Frank G. Zarb School of Business have joined forces to survey the nation’s business leaders about their outlook on the business environment, their short-term plans for growth and investment, and their perspective... Read Story

Stonyrock Partners LP (Stonyrock), led by Managing Partner Craig Schortzmann and Partner Sean Gallary, and Leucadia Asset Management (LAM), a division of Jefferies Financial Group Inc., announced a strategic partnership to raise a permanent capital... Read Story

Middle market private companies in the Golub Capital Altman Index experienced approximate year-over-year earnings growth of 9.5% and revenue growth of 9.3% during the first two months of the first quarter of 2019. This compares to approximate... Read Story

HSBC US Commercial Banking announced that it has teamed up with Neptune Financial (NepFin) to better serve the capital needs of middle market businesses in the United States. Through this partnership, firms doing business with NepFin will now be able... Read Story

Middle-market companies seeking growth or liquidity have fueled a strong mergers and acquisitions market in recent years and expectations remain high for this year, but Citizens Commercial Banking’s annual survey found many companies see a slowdown... Read Story

MUFG Union Bank, N.A. announced it has completed the acquisition of Intrepid Investment Bankers LLC (Intrepid), a leading Los Angeles-based regional middle market investment banking firm. The acquisition expands the bank's client service capabilities... Read Story

In the fourth quarter of 2018, the MMBI posted a composite score of 132.0, a slight 2.4-point decrease from last quarter's 134.4. Business leaders anticipate a strong start to 2019, with 64 percent of survey respondents anticipating gross revenues to... Read Story

A study from Chubb and The National Center for the Middle Market (NCMM) finds that although manufacturing is experiencing growth, there are many interconnected challenges leading to new risks. The research also suggests that manufacturers may not be... Read Story

JPMorgan Chase’s Commercial Bank announced the launch of the Franchise and Restaurant Group within its Middle Market Banking & Specialized Industries (MMBSI) business and appointed Michael Pura, a seasoned banker, to lead the effort. The Franchise... Read Story

Middle market companies turned in another strong, high-growth performance, but concern over costs and supply chain shifts, predominantly driven by tariffs, is increasing among executives. Data from the 3Q 2018 Middle Market Indicator (MMI) released... Read Story

Middle market private companies in the Golub Capital Altman Index (GCAI) experienced year-over-year revenue growth of 11.75% and earnings growth of 10.83% during the first two months of the third quarter of 2018. This compares to year-over-year... Read Story

U.S. Bank announced the expansion of its Commercial Banking team into the greater New York metropolitan area. The new group will be led by veteran bankers Daniel Greene and Salvatore Settineri who will focus on bringing one U.S. Bank, the power of... Read Story

U.S. small and middle market enterprises (SMEs) who export are optimistic about their global sales potential, according to the 2018 American Express Grow Global Survey. The third annual survey of over 500 domestically-based companies selling outside... Read Story

Lincoln International released the second quarter 2018 issue of its Lincoln Middle Market Index (Lincoln MMI). The Lincoln MMI is a unique index measuring middle market enterprise values. The first-of-its-kind index provides a useful benchmarking... Read Story

Growth in the middle market remains strong, but cracks are beginning to appear in the optimism that’s been driving this unprecedented growth streak. Data from the 2Q 2018 Middle Market Indicator (MMI) released by the National Center for the Middle... Read Story

Prudential Capital Group provided $5.3 billion of senior debt and junior capital to middle-market companies and projects globally in the first half of 2018. "Our global footprint and our origination platform have enabled us to meet borrower demand... Read Story

The Golub Capital Altman Index experienced year-over-year earnings growth of 12.59% and revenue growth of 11.15% during the first two months of the second quarter of 2018. This is an increase from the first quarter 2018 year-over-year earnings growth... Read Story

Golub Capital BDC, Inc., a business development company, announced that it originated $195.8 million in new middle-market investment commitments during the three months ended June 30, 2018. Approximately 87% of the new middle-market investment... Read Story

ORIX Corporation USA, the U.S. and Latin America business hub for Tokyo-based ORIX Corporation (ORIX), and NXT Capital Inc. (NXT Capital) announced they have signed a definitive agreement under which ORIX USA will acquire NXT Capital. The acquisition... Read Story

Middle market executives today are more positive about the health of their businesses and more optimistic about their prospects for future growth than at any time in the last three years, according to the findings of a new survey conducted by The... Read Story

Lazard Ltd. announced that David Parker has joined its Middle Market Advisory practice as a Managing Director in Lazard Middle Market’s Telecommunications, Media & Technology Group. He is based in New York. Parker has more than two decades of... Read Story

A flood of private equity investment into the institutional middle market has pushed the share of highly leveraged deals in the sector to record highs, with more lenders negotiating "borrower-friendly" deals that include lower spreads, looser... Read Story

Wells Fargo Capital Finance, a division of Wells Fargo & Company (NYSE: WFC), announced that Executive Vice President Kevin Gillespie has been named head of its Middle Market Asset-Based Lending Group, a newly formed business group focusing on... Read Story

CIT Group Inc. announced that it added a senior leader to its Sponsor Finance team in its Commercial Finance division responsible for pursuing new growth opportunities for financing middle-market private equity sponsor owned businesses. Thomas M.... Read Story

Confidence in the U.S. economy continues to ride high, although concerns loom around trade tension and the business cycle, according to a new survey of middle market dealmakers by Antares Capital. Thirty-seven percent of survey respondents said they... Read Story

Middle market private companies in the Golub Capital Altman Index experienced year-over-year revenue growth of 10.96% and earnings growth of 6.22% during the first two months of the first quarter of 2018. This compares to year-over-year revenue... Read Story

Second Avenue Capital Partners, LLC, announced its formation as a new lending platform specializing in asset-based loans for the broader retail and consumer product industry. Established by SB360 Holdings, Second Avenue is a Schottenstein Affiliate.... Read Story

Golub Capital BDC, Inc., a business development company, announced that it originated $136.0 million in new middle-market investment commitments during the three months ended March 31, 2018. Approximately 79% of the new middle-market investment... Read Story

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, announced the close of a leverage facility with Wells Fargo Capital Finance, part of Wells Fargo & Company. The new capital will enable Great Rock... Read Story

Allianz Global Investors, one of the world’s leading active investment managers, StepStone Group LP, a global private markets solutions provider, and Citizens Bank, an originator of middle-market loans, have collaborated in the launching of AC Loan... Read Story

Record dry powder, a historically long economic expansion, tax reform and muted interest rates continue to drive record or near-record private equity (PE) buyout and exit activity, according to data analyzed by top 100 U.S. law firm Akerman LLP. The... Read Story

Wells Fargo & Company has promoted James Trankle to lead its Nebraska commercial lending team. Based in Omaha, he reports to Grant Friesth, Central Division manager for Wells Fargo Middle Marking Banking. Trankle now oversees Wells Fargo’s local... Read Story

BlackArch Partners, a middle-market investment bank, announced that P.J. Martin and Jones Pharr have been promoted to Director.Martin has over a decade of experience in middle-market mergers and acquisitions and joined BlackArch Partners in 2014.... Read Story

Monroe Capital LLC was selected again as the recipient of the 2017 Lower Mid-Market Lender of the Year Award in the Americas region by Private Debt Investor, a global independent publication based in London covering the private debt and private... Read Story

Lincoln International, a global, mid-market investment bank, released the second issue of its Lincoln Middle Market Index (Lincoln MMI), which covers data from Q4 2017. In addition, this is the first time Lincoln has released sub-indices for each... Read Story

Prudential Capital Group announced it has met the growing capital needs of middle market companies by providing $13.5 billion of senior debt and junior capital to more than 220 companies globally in 2017. Prudential Capital Group is a source of... Read Story

Executives across various industries shared their perspectives on mergers and acquisitions and growth in 2017 and their outlook for 2018 in a survey conducted by Capstone Strategic, a leading M&A advisory firm for the middle market. The survey was... Read Story

Piper Jaffray Companies, an investment bank and asset management firm, announced that it has formed Piper Jaffray Finance, LLC, a wholly owned lending subsidiary that will provide committed debt facilities for middle-market clients based in North... Read Story

Wells Fargo Middle Market Banking announced that it has promoted 14-year banking veteran Jeff Brouillard to lead its San Antonio Middle Market Banking team as regional vice president. He replaces former market leader Mark Metcalfe, who recently... Read Story

Tree Line Capital Partners, LLC,  announced the expansion of its lower middle-market direct lending platform with $267 million of new capital. The capital, from new debt and equity commitments received in 2017, was invested across the Tree Line... Read Story

There is a reciprocal relationship between middle market firms and the metropolitan areas in which they operate, as uncovered by the Middle Market Power Index: Best U.S. Metropolitan Areas for Middle Market Firms from American Express and Dun &... Read Story

Mid-market enterprises (MMEs) in the U.S. are a major contributor to U.S. economic prosperity but have only just scratched the surface of growth potential, according to a newly released HSBC report. HSBC Commercial Banking, in conjunction with Oxford... Read Story

The overall performance of middle market companies has steadily improved for years. As a result, nearly three-quarters (71 percent) of middle market firms surveyed for the Q4 2017 Middle Market Indicator (MMI) released  by the National Center for the... Read Story

Axial, a trusted deal network for the middle market, announced its members have closed more than $25 billion in deals on 2,000-plus M&A and growth capital transactions since Axial’s launch in 2010. To facilitate these closed transactions, Axial... Read Story

Middle market private companies in the Golub Capital Altman Index experienced year-over-year earnings growth of 12.8% and revenue growth of 11.5% during the first two months of the fourth quarter of 2017. This compares to year-over-year earnings... Read Story

Golub Capital BDC, Inc., a business development company, announced that it originated $142.2 million in new middle-market investment commitments during the three months ended December 31, 2017. Approximately 72% of the new middle-market investment... Read Story

A survey of current trends in U.S. middle market lending revealed substantial and growing concern about the higher amounts of debt leverage carried by middle market companies heading into 2018, and found that less restrictive loan documents are a... Read Story

Fifth Third Bancorp announced that Tom Heiks, president of North Carolina – which includes the Bank’s Virginia and South Carolina employees – has been named head of Commercial Middle Market banking. In addition to his new duties, he will continue to... Read Story

Ares Management, L.P. announced that it has held the final close for its junior capital direct lending fund, Ares Private Credit Solutions. The Fund held its final closing with $3.4 billion of total commitments, which exceeded the initial fundraising... Read Story

Waterfall Asset Management, an alternative asset management firm, announced the hiring of Gene Weil and John Nelligan to launch and oversee the creation of a new financial services/specialty finance focused private equity platform, which will operate... Read Story

While progress on tax reform in Washington, D.C. is generating optimism across many segments of the nation’s business community, chief financial officers at many middle-market companies are taking a wait-and-see stance, focusing closely on... Read Story

FS Investments, an alternative investment manager, and KKR, a global investment firm, announced that they have entered into an agreement to create the largest business development company (BDC) platform, with $18 billion in combined assets under... Read Story

Lending to U.S. private equity-owned companies hit a record high in November, with the bulk of the surge in new capital attributed to increased refinancing and repricing activity, according to Thomson Reuters LPC data. Refi and repricing deals... Read Story

The U.S. House Financial Services Committee approved by a wide margin, a bipartisan measure to loosen restrictions on Business Development Companies that lend to small businesses and the middle market. Introduced by Representatives Steve Stivers... Read Story

After setting records in 2016, lower-middle-market (LMM) investors have taken a backseat in 2017, while upper middle market investors chase larger deals, according to PitchBook's 3Q US PE Middle Market Report.U.S. middle-market private equity... Read Story

Bank Leumi announced that Jeff Watts has joined the organization as its new Southeast Market President. In this role, Watts leads the Southeast Middle Market team within the Commercial Banking division, based in Aventura, Florida. He joins Leumi from... Read Story

NXT Capital, LLC announced the final closing on approximately $415 million in equity capital, above its original $350 million target, for NXT Capital Senior Loan Fund V, LP (Fund V). When coupled with targeted leverage, Fund V will have approximately... Read Story

Sterling National Bank announced that Sean Umhafer has joined the bank as Senior Managing Director and Senior Vice President. Umhafer will be based in Sterling’s Melville, Long Island office and report to Ed Blaskey, Executive Vice President and Long... Read Story

Corporate executives are increasingly optimistic about the U.S. M&A market and the U.S. economy overall, with nearly three-quarters saying they expect a rise in activity in the lower-middle market throughout the next 12-18 months.    That's according... Read Story

Middle market companies are experiencing some of their highest confidence levels as tracked over the past five years, according to the Q3 2017 Middle Market Indicator (MMI) released by the National Center for the Middle Market (NCMM). At 88 percent... Read Story

Middle market private companies in the Golub Capital Altman Index experienced year-over-year revenue growth of 6.79% and earnings growth of 4.89% during the first two months of the third quarter of 2017. This compares to an increase of 8.94% in... Read Story

Golub Capital BDC, Inc,, a business development company, announced that it originated $128.9 million in new middle-market investment commitments during the three months ended September 30, 2017. Approximately 85% of the new middle-market investment... Read Story

An overwhelming majority (92%) of U.S. small and middle market enterprises (SMEs) who do business globally see international markets as a significant growth opportunity, according to the 2017 American Express Grow Global Survey. The annual survey of... Read Story

White Oak Global Advisors, LLC announced the appointment of John Felix to serve as Managing Director and Co-Head of Originations.  Felix will be responsible for sourcing opportunities for White Oak and co-managing the Originations team. “We have... Read Story

Waud Capital Partners, a Chicago, IL-based growth-oriented middle market private equity firm, has entered into a partnership with Vincent Bradley, a healthcare industry executive, to pursue investments in the multi-site healthcare industry.Waud... Read Story

In a first sign that middle-market businesses are losing confidence in President Donald Trump, a key indicator of middle-market confidence experienced its first decline since the 2016 election.   The RSM US Middle Market Business Index (MMBI)... Read Story

FS Investments, an alternative investment manager and the largest manager of business development companies (BDCs), announced that its BDC direct lending platform committed more than $1.1 billion in senior secured loans and other debt and equity... Read Story

Great Rock Capital, an asset-focused commercial finance company specializing in middle-market lending, announced the hire of Michael Molenda as Managing Director of Originations. Based in Chicago, Molenda will be responsible for sourcing new... Read Story

Matrix Capital Markets Group, Inc., an independent middle-market investment bank, announced the promotion of three professionals, as well as the expansion of two key industry groups. Vance Saunders, CPA, has been promoted to Managing Director and... Read Story

Nearly four out of 10 middle market executives say a lack of talent constrains their companies’ ability to grow, according to "Help Wanted," a report released by the National Center for the Middle Market (NCMM), in conjunction with the Brookings... Read Story

Great Rock Capital, an asset-focused commercial finance company specializing in middle-market lending, announced the hire of Edison Lopez as Senior Vice President of Finance and Jonathan Michaels as an Associate of Underwriting and Portfolio... Read Story

PineBridge Investments announced that it will launch a new direct lending business, focusing primarily on U.S.-based middle market companies seeking capital for growth, acquisitions, leveraged buyouts and recapitalizations. The company has hired... Read Story

Guess & Co. Corporation, a luxury, industrial, health care and real estate company based in North Carolina announced that it is pursing acquisitions to build and grow its business operations. The company is pursuing middle-market companies that will... Read Story

KeyBanc Capital Markets Inc., the corporate and investment banking unit of KeyCorp, announced it has entered into a definitive agreement to acquire Cain Brothers & Company, LLC, a pre-eminent healthcare focused investment banking and public finance... Read Story

Middle market firms are outpacing their smaller and larger counterparts when it comes to growth in number of firms, employment, and revenue, according to the Middle Market Power Index from American Express and Dun & Bradstreet. The seventh report in... Read Story

SunTrust Banks, Inc. is opening Commercial Banking representative offices in the Midwest and Southwest regions, naming market presidents in Ohio and Texas. These new representative offices complement a number of SunTrust business lines that serve... Read Story

Optimism over the Trump Administration's ability to positively impact private equity's ability to raise new capital has fizzled since the President's inauguration, a new poll finds. According to ACG New York's Mid-Year Middle-Market Survey, 52... Read Story

Raymond James is adding resources to its Financial Services Investment Banking practice with the addition of Jonathan Knauss as managing director. A veteran of the middle market, Knauss will serve clients in the specialty finance sector.“Jonathan is... Read Story

KCAP Financial, Inc. announced that it has formed a joint venture with Freedom 3 Opportunities LLC, an affiliate of Freedom 3 Capital LLC, to create KCAP Freedom 3 LLC. The Company and Freedom 3 Opportunities LLC contributed approximately $35 million... Read Story

International buyers stepping up their competition against U.S. companies for M&A deals in the U.S. manufacturing sector, according to a recent report from Generational Equity. The report, "Manufacturing in Motion,” found that the North American... Read Story

PNC Bank has formalized plans to expand its middle market business into the Denver, Houston and Nashville markets in 2018, following expansion to Dallas, Kansas City and Minneapolis in 2017. The bank announced the news in a release of its second... Read Story

Middle market private companies in the Golub Capital Altman Index experienced year-over-year revenue growth of 8.94% and earnings (defined as earnings before interest, taxes, depreciation and amortization, or EBITDA) growth of 2.29% during the first... Read Story

CIT Bank announced a strategic partnership with Allstate. The joint venture, CIT Northbridge Credit LLC (CIT Northbridge), will provide revolving- and term-loan commitments from $15 million to $100 million to middle-market companies across various... Read Story

Golub Capital BDC, Inc., a business development company, announced that it originated $241.9 million in new middle-market investment commitments during the three months ended June 30, 2017. Approximately 88% of the new middle-market investment... Read Story

Fifth Street Asset Management Inc. announced that it has agreed to sell Fifth Street CLO Management LLC, a wholly-owned subsidiary of Fifth Street Holdings L.P., to NewStar Financial, Inc.  FSAM intends to use the proceeds from this transaction to... Read Story

Stellex Capital Management, a middle market private equity firm with offices in New York and London, announced the successful closing of its debut fund, Stellex Capital Partners LP, with aggregate commitments of $870 million, exceeding the Fund’s... Read Story

Owl Rock Capital Corporation and Regents of the University of California entered into the Amended and Restated Limited Liability Company Agreement to co-manage a new lending vehicle named Sebago Lake LLC, according to a recent regulatory filing.... Read Story

Most executives of middle-market companies not only expect their business to experience disruption in the near future, but welcome it, according to Disruption in the Middle Market, a report released by Capital One Commercial Bank. However, this... Read Story

Middle market business leaders remain extremely confident about the current and future state of the U.S. economy, according to new indicator data from RSM. The RSM US Middle Market Business Index (MMBI) -- presented by RSM US LLP (RSM) in... Read Story

Faced with an intensely competitive environment characterized by tightening spreads and demand for covenant-lite loans, private debt investors in the middle market have been confronting a deluge of institutional capital that is putting pressure on... Read Story

Wells Fargo & Company announced that it has named 16 year company veteran Brendon Riley to its Dallas Middle Market Banking leadership team as regional vice president, effective immediately. He succeeds Tom Krueger, who joined the company’s Great... Read Story

Widening yields on middle-market loans is giving lenders more leverage to negotiate with middle-market borrowers, according to a report from Business Insider. The shift follows three quarters of downward pricing pressure characterized by agressive... Read Story

Confidence in the U.S. economy among middle market companies has reached a new high in early 2017, according to the Q1 2017 Middle Market Indicator (MMI) released by the National Center for the Middle Market (NCMM). With nine in 10 middle market... Read Story

Investors are increasingly throwing their weight in the second-lien loan market as yields on first-lien term loans have contracted to their lowest level in more than a decade, Reuters reports. According to a report published on April 13, second-lien... Read Story

Middle market private companies in the Golub Capital Altman Index experienced year-over-year revenue growth of 8.45% and posted earnings  declines of 1.64% during the first two months of the first quarter of 2017. This is compared to year-over-year... Read Story

Goldman Sachs Middle Market Lending Corp. filed an 8-K with the Securities & Exchange Commission pertaining to its recent investment activity. From March 16, 2017 through April 3, 2017, the Fund made new investment commitments of $24.5 million across... Read Story

Constitution Capital, an alternative asset management firm focused on the North American middle market, announced the addition of Steven Shekane and Jonathan Williams to the firm’s credit team. “We are very pleased to have Steve and John joining our... Read Story

Growth Catalyst Partners, LLC announced its formation as a new middle market private equity firm. GCP’s founders are Jim TenBroek, former Managing Director at Wind Point Partners and Scott Peters, former Co-President of The Jordan, Edmiston Group... Read Story

Aflac, the leading provider of voluntary insurance at the worksite in the United States, announced that it has reached an agreement with NXT Capital to manage Aflac’s new portfolio, which will focus on investments related to middle-market private... Read Story

Comvest Partners announced that Tom Goila has joined the Firm as a Managing Director in Comvest's direct lending group, Comvest Capital. Tom will be responsible for originating, structuring and managing debt investment opportunities.Goila joins... Read Story

Recognizing the dearth of financial opportunities for growth-oriented middle market companies, Securities Attorney Martin Traber and Investment Banker Roger Overby have joined with other investment professionals to establish Skyway Capital Markets to... Read Story

H.I.G. Middle Market, the middle market investment affiliate of H.I.G. Capital, a global private equity investment firm with $21 billion of equity capital under management, announced that Andrew Freeman, formerly a Partner at Paine & Partners, has... Read Story

Genstar Capital, a middle-market private equity firm focused on investments in targeted segments of the financial services, software, industrial technology, and healthcare industries, announced the final closing of Genstar Capital Partners VIII with... Read Story

Marlin Equity Partners, a global investment firm, announced the first and final closings of Marlin Equity V, L.P. (Fund V), with $2.5 billion of capital commitments, and Marlin Heritage II, L.P. (Heritage II), with $750 million of capital commitments... Read Story

A new survey from M&T Bank suggests that many middle market firms are looking forward to potential changes in economic policy under President Trump’s new administration and plan to increase capital spending this quarter as a result. According to the... Read Story

Cerberus Business Finance, an affiliate of Cerberus Capital Management, L.P., announced that it completed the final closing of its latest middle-market direct lending fund, Cerberus Levered Loan Opportunities Fund III. The aggregate Fund III closing... Read Story

Executives from midsize and small businesses feel dramatically better about the U.S. economy than a year ago, according to a new report from JPMorgan Chase & Co. In a dramatic shift from last year, the seventh annual Business Leaders Outlook survey... Read Story

Private equity fund managers targeting the middle market are experiencing increased competition for deal opportunities, a new report from Prequin finds.According to Preqin’s Private Equity Fund Manager Outlook for the first half of 2017, robust... Read Story

Monomoy Capital Partners, a private equity firm focused on value investing and business improvement in the middle market, announced that Ashley Johansen has joined the firm as a Managing Director and Head of Investor Relations and Fundraising. Ms.... Read Story

Following years of sluggish economic recovery, business leaders believe 2017 stands to usher in a long-awaited acceleration in growth. According to "America's economic engine - Breaking the cycle," Deloitte's 2017 report on business and economic... Read Story

Prudential Capital Partners has completed fund raising for its fifth mezzanine fund, Prudential Capital Partners V, L.P., surpassing its target of $1.4 billion. Prudential Capital Partners is the middle-market mezzanine fund business sponsored by... Read Story

Middle market private companies in the Golub Capital Altman Index increased revenues by 5.33% and earnings (defined as earnings before interest, taxes, depreciation and amortization, or "EBITDA") declined by 2.48% during the first two months of the... Read Story

Scargo Hill Capital, LLC, announced its formation to provide senior secured capital solutions in the lower middle-market across retail, consumer products and the broader supply chain. The firm boasts a partnership of retail industry, commercial... Read Story

Gamut Capital Management, L.P., a New York-based middle market private equity firm, announced it successfully closed Gamut Investment Fund I, L.P. at $1 billion, exceeding the Fund’s $750 million target.Gamut’s flexible investment strategy... Read Story

White Oak Global Advisors, LLC  on behalf of its institutional clients, announced today that White Oak has expanded its asset-based lending platform through the acquisition of Capital Business Credit, LLC (“CBC”), a leading commercial finance company... Read Story

Victory Park Capital (VPC), an investment firm focused on private middle-market debt and equity investments, announced today it has provided a $100 million senior secured credit facility to Cognical, Inc. (d/b/a Zibby), to expand its omnichannel... Read Story

Capital One has established a new program to originate unitranche loans to middle-market healthcare companies, with HPS Investment Partners as its strategic co-investor. The program, through Unitranche Loan Transaction, LLC, will help borrowers to... Read Story

Gibraltar Business Capital announced that Dave Meier has joined as Business Development Officer. Based in the company’s Northbrook headquarters, Dave will focus on the Midwest Region – including Ohio, Indiana, Michigan, Illinois, Wisconsin, Missouri... Read Story

Woodforest National Bank recently named Julie Dargani as Senior Vice President and Middle Market Relationship Manager based in Charlotte.  Dargani is a middle-market banking and leveraged finance banking executive with a diverse background in... Read Story

Siena Lending Group LLC (“Siena”) announces the completion of a three-year $2.5 million asset based revolving and term loan credit facility for DelVal Flow Controls ("DelVal") to refinance their existing senior debt and to provide additional working... Read Story

The number of mid-sized U.S. companies already engaged in or open to buying and selling has risen sharply since last year, setting the stage for a very active 2017 merger market, according to the sixth annual Citizens Commercial Banking Middle Market... Read Story

MB Business Capital recently provided a new senior credit facility to Beloit, Wisconsin-based PlayMonster, LLC, formerly known as Patch Products. PlayMonster is a leading national manufacturer and marketer of family entertainment products... Read Story

Antares Capital announced the appointment of Peter Nolan to senior managing director, head of Loan Syndicate, Sales and Trading. Effective January 1, 2017, Nolan will take the place of Kevin Burke, who will retire after more than 40 years in the... Read Story

Antares Capital announced it is serving as administrative agent and lead arranger on a $735 million senior secured credit facility to support the acquisition of TricorBraun Holdings, Inc. (TricorBraun) by AEA Investors LP (AEA).TricorBraun helps... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $21.5 million senior term loan to support the recapitalization and future acquisitions of All Holding Company, LLC (“AHC”) by private equity... Read Story

Opus Bank announced that Frederic Stupart has joined Opus’ Merchant Banking division and Opus Financial Partners, the Bank’s broker-dealer subsidiary, as Managing Director, Financial Sponsors Group. Stupart, an investment banking and private equity... Read Story

Solace Capital Partners, a private equity firm focused on distressed-for-control and special situations investments in North America, announced the successful closing of its inaugural fund, Solace Capital Special Situations Fund, L.P. (the “Fund”) at... Read Story

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... Read Story

CIT Group Inc. appointed Steve Solk as President of CIT Consumer Banking and President, California, effective immediately. This is in addition to his current responsibilities as President of CIT Business Capital and as a member of CIT Group’s... Read Story

Phoenix Capital Resources, a leading middle-market special situations investment bank, acted as the exclusive financial advisor and investment banker to Val-Fit Inc. ("Val-Fit" or the "Company") resulting in the sale of certain of the Company's... Read Story

Fifth Street Finance Corp. announced that its Board of Directors has appointed Patrick J. Dalton as Chief Executive Officer and elected him as a member of the Board of Directors, effective January 2, 2017.  Dalton will succeed Todd G. Owens, who will... Read Story

David J. Turco, a veteran corporate finance and business development specialist, has been named Business Development Director of AloStar Capital Finance with responsibility for the six-state New England area. Turco will focus on raising the... Read Story

Gibraltar Business Capital proved again that asset-based lending is an increasingly relevant financing option for businesses immersed in media technology services. Media tech company CPXi, a digital solutions company headquartered in New York with... Read Story

Mid-market executives are more confident about future growth and are actively pursuing multi-faceted growth strategies in the coming year. These are some of the observations from Jeff Kilrea, Group Head and Managing Director, CIT Sponsor Finance, a... Read Story

MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $9.32 million senior credit facility to Air Waves, LLC. Air Waves is a leading provider of on demand garment printing and fulfillment services. Air Waves... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support private equity sponsor Tower Arch Capital’s recapitalization of Corbett Technology Solutions, Inc. (“CTSI”) in... Read Story

Great American Capital Partners, LLC (GACP), a wholly owned subsidiary of B. Riley Financial Inc., has entered into an agreement with Unified Logistics Holdings, LLC (Unified) to provide a senior secured term loan to refinance existing debt and... Read Story

The DAK Group, a boutique investment bank specializing in serving the needs of middle-market companies, announced that Sheon Karol has joined the firm as Managing Director. Karol brings a rare combination of executive, turnaround, legal, and finance... Read Story

Encina Business Credit, LLC (EBC) announced it has provided a $7.5 million asset-based revolving credit facility to a recreational products company based in the Midwestern U.S. The credit facility consists of a working capital revolver secured... Read Story

Align Capital Partners announced it completed, in partnership with management, an investment in Alliance Source Testing, LLC, a leading provider of source emissions (or stack) testing services to industrial facilities in the United States. Terms of... Read Story

According to the 8th annual CIT Retail Outlook, 80% of middle-market retailers rate their overall financial condition as healthy or very healthy. Many are cautiously optimistic about the upcoming holiday season and the near-term future. Sixty percent... Read Story

Monroe Capital LLC was selected as the recipient of the 2016 Lender Firm of the Year Award by The M&A Advisor. Award winners were honored at the 15th Annual M&A Advisor Awards Gala held in New York City on November 9.Monroe Capital provides... Read Story

Pamlico Capital, a leading lower middle market private equity firm focused on growth oriented businesses, announced the first and final close of Pamlico Capital IV (“PC IV”) at the hard cap with total commitments of $910 million. PC IV raised its... Read Story

Austin Financial Services, Inc. (AFS) recently funded a $2 million asset-based credit facility for a security services company. The client, who has multiple locations throughout the country, provides security services for a wide range of venues... Read Story

Antares Capital announced it is serving as administrative agent and lead arranger of $35 million in senior secured credit facilities to support the acquisition of Nuspire Networks (“Nuspire”) by ABRY Partners.Based in Detroit, MI, Nuspire is a... Read Story

Encina Business Credit, LLC (EBC) announced that it has provided a $31.5 million senior secured credit facility to Katy Industries, Inc. (Katy) and its wholly-owned subsidiary, Continental Commercial Products, LLC. The financing, which is comprised... Read Story

Antares Capital is serving as administrative agent and lead arranger on a $300 million senior secured credit facility to support the acquisition of Systems Maintenance Services (“SMS”) by Partners Group on behalf of its clients.Founded in 1981 and... Read Story

The PrivateBank announced it has extended a $9.125 million credit facility to City Wholesale, Inc., a wholesale distributor of tobacco, candy and groceries, based in Birmingham, AL.The PrivateBank is a part of PrivateBancorp, Inc., and delivers... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior term loan to support the continued growth of Hanna Andersson by a prestigious private equity sponsor.Founded in 1983 and based in Portland... Read Story

CIT Group Inc. announced that Michael Brosnan has been named to its Board of Directors effective November 10. Additionally, John Oros has stepped down from the Board due to the demands and requirements of his position with J.C. Flowers & Co.“We are... Read Story

As businesses gear up for the holiday season, they are optimistic about sales and predict growth for the next quarter and into 2017, according to the American Express Holiday Growth Pulse, a survey of 1,502 small and middle market businesses across a... Read Story

The construction, consumer and retail, and healthcare industries were the most active in closing deals valued at $75 million or less in the third quarter of 2016, according to a new survey released by CMF Associates, private equity’s preferred... Read Story

ChromaDex Corp., an innovator of proprietary health, wellness and nutritional ingredients that creates science-based solutions to dietary supplement, food and beverage, skin care, sports nutrition, and pharmaceutical products, announced today that it... Read Story

Victory Park Capital (VPC), an investment firm focused on middle-market debt and equity investments, announced today that it has added Zhengyuan Lu to its investment team. Lu will be based in VPC’s New York City office. As a principal, Lu will be... Read Story

TCF Capital Funding announced that it provided $17.5 million in secured financing to support HCI Equity Partners in its investment in The Delaney Hardware Co. (“Delaney” or the “Company”).Headquartered in Cumming, GA, and founded in 1992 by Michael... Read Story

Antares Capital is serving as administrative agent, joint lead arranger and joint bookrunner on a senior secured credit facility to support the acquisition of Franklin Energy (“Franklin”) by Kohlberg & Company, LLC (“Kohlberg”).Headquartered in Port... Read Story

Capitala Group, a middle-market provider of public and private capital, announced that CapitalSouth SBIC Fund IV, L.P. (the “CapitalSouth Growth Fund”) invested a combination of debt and equity in Installs Inc., LLC (“Installs” or the “Company”), in... Read Story

SSG Capital Advisors acted as the investment banker to Last Call Holdings, LLC ("Last Call" or the "Company") in the sale of substantially all of its assets to an affiliate of Kelly Investment Group ("Kelly"). The sale was effectuated through a... Read Story

Antares Capital announced it is serving as administrative agent, sole lead arranger and bookrunner on a senior secured credit facility to support the acquisition of Mobileum, Inc. (Mobileum) by Audax Private Equity. Headquartered in Santa Clara, CA... Read Story

Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization and future growth of CarePlus Medical Corporation by private equity sponsors, Fulcrum Equity... Read Story

Marquette Business Credit announced its appointment of Michel Lynch as Senior Vice President, Senior Credit Officer. Working out of Minneapolis, Minnesota, Lynch will support credit activity within the existing portfolio and on new business... Read Story

Crestmark, celebrating its 20th anniversary, welcomes John D. Gullman, regional first vice president, business development officer, to its East Division. Gullman will represent Crestmark in the Florida market, which he has covered for more than 30... Read Story

PNC Riverarch Capital announced an investment in Five Star Food Service, Inc. (“Five Star”), a leading provider of on-site food and beverage solutions to employers and other commercial, institutional, and educational locations across the Southeastern... Read Story

Webster Bank provided a $110 million debt financing loan to Ensono, a hybrid IT services provider that works with its clients to deliver progressive solutions to help them operate their IT infrastructure.  The loan will be used to finance the... Read Story

MidCap Financial closed a $12 million senior credit facility with small kitchen and appliance developer, Select Brands, Inc. The MidCap credit facility refinanced Select Brands' prior line of credit with Community Bank and expended the Company's... Read Story

Jeffrey B. Hecktman, Chairman and CEO of Hilco Global, announced the formation of Hilco Corporate Finance, LLC. This new operating company will provide professional, strategic, and financial advisory services associated with selling a business or... Read Story

The PrivateBank announced today that Paul Oris has joined the Asset-Based Lending division as a Managing Director in its Pittsburgh office.Oris will focus his efforts on originations in Ohio, Pennsylvania and the Northeast.  Prior to joining The... Read Story

MB Business Capital announced that John Littrell has joined its middle-market asset-based lending team as senior vice president, account executive in MB’s Rosemont, ILoffice. In this role, he will be managing a portfolio of relationships and working... Read Story

MidCap Financial, a leading specialty finance firm focused on the middle market, announced the hiring of James Garlick as Director - Originations for the Asset Based Lending Group of MidCap Financial Services LLC. Garlick, who will be based in... Read Story

MB Business Capital announced it recently provided a new senior credit facility to O.S. Walker Co., Inc. and it’s affiliates (“Walker Magnetics”). Walker Magnetics designs and manufactures industrial magnetic products using permanent... Read Story

Amherst Partners announced continued growth of the firm’s Restructuring Advisory and Investment Banking practices with the recent arrival of two new, senior-level hires: James Morden and Matthew Feldman.The addition of Morden and Feldman to Amherst’s... Read Story

Atlantic Street Capital, a private equity firm targeting entrepreneurial businesses poised for the next level of growth, announced the closing of Atlantic Street Capital III, LP ("Fund III") with $210 million of committed capital,  surpassing its... Read Story

It’s no surprise that the global mining industry has endured a difficult few years, and for many mining companies, optimism has been in short supply. Persistently low commodity prices, waning demand and tightening capital and credit markets have been... Read Story

Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a $32.5 million senior credit facility to support the equity investment made by private equity sponsor Goode Partners LLC in the acquisition of Forman... Read Story

Abacus Finance Group, LLC, a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced today that it served as administrative agent and sole lead arranger for... Read Story

Churchill Asset Management announced that Leland Richards has joined the firm as a managing director. The appointment will be effective October 2016 and Richards will report to Senior Managing Director and Head of Origination and Capital Markets... Read Story

MidCap Financial closed a $25 million senior credit facility with network and infrastructure service provider, Goodman Networks, Inc. The MidCap credit facility refinanced Goodman's prior line of credit with a national bank and provides the Company... Read Story

Chiron Financial, LLC, a middle-market investment banking firm, today announced two new additions to their team. Timothy Tran and Alex LaPiana have joined the firm as Associates, supporting the efforts of principals Jay Krasoff and Scott Johnson.... Read Story

Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a senior term loan to support the acquisition of The Worth Collection, Ltd. (“Worth”) by private equity sponsor, New Water Capital, L.P. Based in New... Read Story

TCF Capital Funding provided $7 million in secured financing in connection with an investment by Corridor Capital to support the expansion of Connecting Point Marketing Group, Inc.’s (“Connecting Point” or the “Company”) very successful Events... Read Story

Abacus Finance Group, LLC, a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced it served as administrative agent and sole lead arranger for a $21... Read Story

From the third quarter Phoenix Management “Lending Climate in America” Survey, results shows a shift on lenders outlook on the U.S. economy in both the near and long term.The 3Q 2016 survey results continue the trend towards more pessimism on longer... Read Story

Middle-market private companies in the Golub Capital Altman Index increased revenues by 4.62% and earnings (defined as earnings before interest, taxes, depreciation and amortization, or "EBITDA") declined by 0.66% during the first two months of the... Read Story

FocalPoint Partners, LLC, a leading middle-market investment bank, announced the addition of Mark H. Davis, Managing Director, in its Los Angeles office.  Davis becomes the latest addition to FocalPoint's growing team, representing the fifth senior... Read Story

Moritz Poehl and Nate Kirk announced the launch of Everside Capital Partners, which is focused exclusively on the U.S. middle and lower-middle business marketplace. Everside will pursue attractive opportunities in direct lending and invest in middle... Read Story

CIT Group Inc. announced it has entered into a definitive agreement to sell CIT Commercial Air, its commercial aircraft leasing business, to Avolon Holdings Limited (“Avolon”), the international aircraft leasing company and a wholly-owned subsidiary... Read Story

A survey of private equity executives at ACG's M&A East Conference (September 27-28) by CMF Associates, a leading provider of financial, operational, and human capital solutions to private equity, middle-market, and small cap public companies, found... Read Story

Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of ProPharma Group by private equity sponsor, Linden Capital Partners. Founded in 2001 and based in... Read Story

NXT Capital, LLC announced the final closing on approximately $312 million in equity for NXT Capital Senior Loan Fund IV, L.P. When coupled with targeted leverage, Senior Loan Fund IV will have approximately $900 million in capital to invest.  The... Read Story

Monroe Capital announced it acted as syndication agent on the funding of a senior credit facility to support the acquisition of Oldenburg Group Inc.’s (“Oldenburg”) Heavy Equipment Group by private equity sponsor, J.F. Lehman & Company. Based in... Read Story

MB Financial, Inc. announces the formation of a new Canadian subsidiary, MB Business Capital Canada Inc. and the hiring of Dan Flaro, Senior Vice President & Country Executive to lead its efforts in expanding the bank's middle-market asset-based... Read Story

Stephens Inc., an independent, full-service investment banking firm, continues to grow its equity research team with the hiring of Vincent Caintic as Senior Specialty Finance Analyst effective September 27. In this role he will build upon Stephens’... Read Story

Siena Lending Group announced Maria Palomino has joined as Senior Vice President New Business Originations -- Western Region, based out of Los Angeles. In this position, she will be focused on originating middle market transactions and new bank... Read Story

Siena Lending Group announces the completion of a $7 million credit facility for Armada Skis, Inc. (“Armada”) to refinance their existing senior debt and to support their working capital needs.  Headquartered in Park City, UT, Armada designs... Read Story

BlackArch Partners, a prominent mergers and acquisitions-focused investment bank offering a full spectrum of advisory services, is pleased to announce that Tom Krasnewich has joined the firm as Managing Director and Head of the firm’s Diversified... Read Story

North Avenue Capital, LLC (NAC), a specialized commercial lender, announced the closing of a $9 million loan for SB Manufacturing, LLC ("SB"), a Dade City, FL aluminum automotive wheel manufacturer. NAC Commercial Lender Drew Louis, led the project.... Read Story

BioCryst Pharmaceuticals, Inc. has closed a $23 million senior credit facility with MidCap Financial. The facility was fully funded at closing and bears a variable interest rate based upon LIBOR, currently at 8.5%; an interest-only period through... Read Story

Golub Capital announced that as administrative agent, sole lead arranger and joint bookrunner, it provided a GOLD financing to support GI Partners' recapitalization of Daxko, LLC. GOLD financings are Golub Capital's One-Loan Debt facilities.... Read Story

Encina Business Credit, LLC (EBC) provided a $5 million asset-based revolving credit facility to a leading provider of animal nutritional supplements based in the southwestern U.S.  The credit facility consists of a working capital revolver secured... Read Story

Jefferies Finance LLC, a joint venture of Jefferies and MassMutual, announced that its President, Carl Toriello, will be retiring at the end of this fiscal year on November 30, 2016. Tom Brady, who has been an integral part of the Jefferies Finance... Read Story

Ares Commercial Finance announced that it has provided a $37.3 million asset-based credit facility to Be Green Packaging, LLC, a Thousand Oaks, California-based designer and manufacturer of sustainable, compostable and recyclable molded fiber... Read Story

MB Business Capital recently provided a new $18 million senior credit facility to Angola, Indiana-based AAA Sales & Engineering, Inc. (“AAASE”). AAASE provides high precision production machining services that can be found in almost all modes of... Read Story

Breakaway Capital Partners, a Los Angeles-based direct lending firm, announced the close of Breakaway Capital Partners Fund II, L.P. ("Fund II"), with total commitments at the hard cap of $100 million, all from family offices and individuals. The... Read Story

Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a $55 million unitranche credit facility to support the recapitalization of a finance technology company.  The company is a full-service provider of... Read Story

In a move to further expand the company’s business development team, Gibraltar Business Capital announced that Christopher Martin has joined as Vice President, Originations, Northeast Region. Based in Philadelphia, PA, Martin will focus on... Read Story

Reuters Loan Pricing Corporation reports business development companies (BDCs), which extended share price gains this summer after a prolonged slump, still face hurdles that prime the specialized closed end investment funds for consolidation... Read Story

Align Capital Partners, LP announced the first and final close of its inaugural private equity investment fund, Align Capital Partners Fund I, LP and Align Capital Partners Fund I-A, LP (collectively, “ACP I”). Align began fundraising in June 2016... Read Story

CIT Healthcare Finance served as lead arranger and administrative agent for a $242 million senior secured credit facility to Jordan Health Services, one of the largest providers of home healthcare and hospice services in Texas and Oklahoma, with a... Read Story

JPMorgan Chase announced that Clarence Nunn will join the firm to lead the continued Middle Market expansion strategy in the Southeast and to manage the Franchise Finance business for Chase’s Middle Market Banking & Specialized Industries (MMBSI)... Read Story

Stonegate Capital, a diversified specialty finance company that provides $1 million to $10.0 million collateral-backed loans to established lower middle-market enterprises and emerging brands, announced that it has closed on a significant equity... Read Story

Marquette Business Credit, LLC recently funded a $14.1 million credit facility to WireTech, Inc.  Headquartered in Commerce, CA, WireTech is the premier supplier of aerospace, commercial and industrial steel wire and bars to the fastener and related... Read Story

Presidential Financial Corporation (PFC) announced that Paul Krantz has joined its team as a business development officer. In his new role, Krantz will be responsible for originating, structuring, and funding asset-based financing solutions with... Read Story

FocalPoint Partners, LLC, a leading middle-market investment bank, announced the addition of Stephen Wrobel, Director of Business Development, to source new business opportunities for the firm. Wrobel becomes the latest addition to FocalPoint's... Read Story

The growth of U.S. middle market firms (companies between $10 million and $1 billion in revenues) is outpacing the national average, with an 87% increase in number of firms, a 103% surge in employment, and a 100% rise in revenue since 2011, according... Read Story

WhiteHorse Capital announced one of its affiliates has provided a $27.5 million term loan to support the acquisition of Clarus Commerce by a group led by Trivergance, Falcon Investment Advisors, and Landon Capital Partners. Clarus Commerce... Read Story

Golub Capital announced that as administrative agent, sole lead arranger and sole bookrunner, it provided a GOLD financing and equity co-investment to Newfit, in conjunction with LNK Partners' investment in the business. GOLD financings are Golub... Read Story

Ares Commercial Finance announced it has provided a $10 million asset-based credit facility to DCWV Acquisition Corporation, a Provo, UT-based company that designs, manufactures, and sells innovative, high quality products to the paper crafting... Read Story

Breakaway Capital Partners Fund, L.P. has funded a $10.5 million senior secured credit facility to Galaxy Gaming, Inc. Based in Las Vegas, NV, the Company has nearly 20 years of experience in the design, development, manufacturing, marketing and... Read Story

Golub Capital announced that as administrative agent, sole bookrunner and sole lead arranger, it provided a $66.5 million GOLD financing to CenterOak Partners to finance its acquisition of Wetzel's Pretzels, LLC ("Wetzel's Pretzels"). GOLD financings... Read Story

Envoy Capital Management, LLC (“Envoy”), an alternative asset manager, announced the recent launch of its debut vehicle. Envoy is a private capital investor primarily focused on providing debt and equity funding to independent sponsors, family... Read Story

The mergers & acquisitions (M&A) business in the Investment Banking & Capital Markets Group (IBCM) is one of the fastest growing segments across Wells Fargo Securities. In order to continue building on that success, the organization has made... Read Story

Wells Fargo & Company announced that Laura Oberst will succeed Hugh Long as head of its Business Banking Group (BBG), effective immediately. Long will retire at year-end. Business Banking serves more than 100,000 U.S. businesses with annual sales... Read Story

Castanea Partners announced Tom First has joined the firm as an Operating Partner focusing on opportunities in the branded food and beverage sector. “We are thrilled that Tom will be joining our team,” said Brian Knez, Managing Partner of Castanea.... Read Story

First Midwest Bank announced that Michael W. Jamieson has joined the Bank as Executive Vice President and Director of Commercial Banking. In this role, Jamieson oversees all of the Bank’s commercial banking divisions, including middle market... Read Story

Capital Southwest Corporation announced the closing of a four-year syndicated revolving credit facility led by ING Capital LLC in the initial amount of $100 million, with an accordion feature that provides for expansion of the facility up to $150... Read Story

BMO Harris Bank’s Asset Based Lending group, a leading provider of middle-market asset based finance solutions, announced it was sole lender for $20 million in senior credit facilities to Animart, LLC. Animart, LLC, a Goldner Hawn Johnson & Morrison... Read Story

Continuing its steady growth of commercial banking in the East, Wells Fargo & Company  – No. 1 in total middle market banking share in the U.S. – announced it has opened its first Middle Market Banking office in Albany to serve the Capital Region of... Read Story

Siena Lending Group announced the completion of a three-year $4.5 million asset based revolving credit facility for Amstek Metal LLC to refinance their existing senior debt and to provide additional working capital for the business. Located in Joliet... Read Story

TCF Capital Funding announced that it provided $15 million in secured financing to support Mangrove Equity Partners in their acquisition of Dixie Diamond-Concut Group.  Dixie Diamond Manufacturing of Lilburn, GA and Concut, Inc. of Kent, WA have... Read Story

Capitala Finance Corp. announced four investment exits totaling $57.2 million. The investment exits include: On August 2, 2016, the Company exited its $18.4 million subordinated debt investment in Merlin International, Inc. at par. On August 5... Read Story

Monroe Credit Advisors announced Kent Foster has joined the firm as vice president in its Chicago office. Foster will be responsible for assisting in the execution of client engagements.Prior to Monroe, Foster was a vice president at GE Capital where... Read Story

FS Investments, a leading alternative investment manager, announced that its business development company (BDC) direct lending platform committed over $830 million to middle-market companies in the second quarter of 2016, bringing its year-to-date... Read Story

Antares Capital announced it served as administrative agent, sole lead arranger and bookrunner on a senior secured credit facility to support the acquisition of SciQuest, Inc. by Accel-KKR.Based in Morrisville, NC, SciQuest, Inc., is a leading... Read Story

Marquette Business Credit announced it recently funded a $5 million credit facility to Pancon Corporation and its affiliates.  Based out of East Taunton, MA and a Milestone Partners portfolio company, Pancon is a global designer and manufacturer of... Read Story

DecisionPoint Systems, a leading provider and integrator of Enterprise Mobility and Internet of Things (IoT) solutions, announced it has signed new commercial banking relationships with Union Bank combined with CapitalSource Business Financial Group... Read Story

Abacus Finance Group, LLC, a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced today that it served as administrative agent and sole lead arranger for... Read Story

Cold Mountain Capital has named Anthony Bergen as chief financial officer. His appointment is effective immediately. Previously, Bergen worked at Cold Mountain’s sister company Stony Point Group Inc. He was also the CFO of TECT Power, a Stony Point... Read Story

Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced Stephen Altneu has joined the organization as Managing Director of its asset-based lending business. In his new role, Altneu will be responsible for overseeing... Read Story

MidCap Business Credit announced it has completed a $5 million asset-based line of credit to RAE Energy, Inc., headquartered in Houston, TX. RAE Energy is an oilfield service provider that offers pipe welding, automatic ultrasound testing, and... Read Story

More companies in the middle market are embracing emerging technologies as a key element of their business growth strategy, according to a new Deloitte report, "Technology in the mid-market-Taking ownership," which premieres today.The survey also... Read Story

MB Business Capital has opened a new office in Vancouver, Washington and announced that Kevin Schrader has joined its middle-market asset-based lending team as senior vice president. Scharder will source asset-based lending opportunities for MB... Read Story

Sterling National Bank, the principal subsidiary of Sterling Bancorp (STL), announced Mark R. Smith, has joined as managing director. He will be responsible for expanding Sterling's presence with middle-market companies in New Jersey and will be... Read Story

Presidential Financial Corporation (PFC) announced Jason Hanes has joined its team as a business development officer.  In his new role, Hanes will be responsible for originating, structuring, and funding asset-based financing solutions with... Read Story

Renasant Business Credit announced the closing of a $5 million asset-based revolving line of credit for a Southeastern-based company engaged in the production of a broad range of high-performance biopolymer products for various industries including... Read Story

NewStar Financial announced that John Frishkopf will retire from the company as of September 30, 2016.  Frishkopf was a founding member of the firm and has served as Treasurer and head of its Asset Management group since NewStar’s inception in 2004. ... Read Story

Monroe Capital LLC announced an increase in the credit facility to Cal Net Technology Group (“Cal Net”) to support the acquisition of inhouseIT, Inc. (“inhouseIT”). Cal Net is a portfolio company of Boathouse Capital and Olympic Valley Capital.Cal... Read Story

Wells Fargo Capital Finance announced that Joe Wells has joined the Loan Originations team, led by Jim Marasco, as a business development officer for the Midwest region. Wells will be working with customers to deliver flexible and customizable senior... Read Story

Gibraltar Business Capital recently closed on a $4.5 million asset-based line of credit for a distributor of fishing supplies. Based in Campbellsport, WI, HT Enterprises is a niche company that sells everything from fishing tackle, rods and reels to... Read Story

Capital One announced that Bob McCarrick has joined its Middle Market banking team as Executive Vice President and Head of Middle Market Relationships. In this role, he is responsible for regional middle-market banking efforts throughout the East... Read Story

Aptevo Therapeutics Inc, a biotechnology company focused on developing novel oncology and hematology therapeutics, announced today that it has closed on a $35 million term loan agreement previously announced on August 1, 2016.“The $35 million term... Read Story

Comvest Partners announced that Brad Nii has joined the firm as a managing director in Comvest's direct lending group, Comvest Capital. Based in Los Angeles, Nii will be responsible for originating, structuring and managing debt investment... Read Story

Wells Fargo Capital Finance announced that Dana Carl Knowlton has joined the Middle Market Originations team in New York as a business development officer. In his new role, Knowlton is primarily responsible for sourcing and structuring flexible asset... Read Story

Ares Capital Corporation (ARCC) and Varagon Capital Partners announced the Senior Direct Lending Program has officially launched. First announced in 2015, SDLP was formed to provide complete financing solutions to middle market companies and sponsors... Read Story

Capital Southwest Corporation provided a $13 million term loan to refinance existing first lien debt of Amware Fulfillment, LLC ("Amware"), a portfolio company of Rotunda Capital Partners. The transaction closed on July 29, 2016. Capital Southwest is... Read Story

Monroe Capital LLC announced an increase in the credit facility to OSG Billing Services (“OSG”) to support the acquisitions of ClickSpark, LLC (“ClickSpark”) and The Garfield Group, Inc. (“Garfield”). Based in Rochester, NY, ClickSpark is a... Read Story

Prospect Capital Corporation announced that Prospect has invested $65 million in first lien senior secured floating rate debt issued by Universal Turbine Parts, LLC (“UTP”) in conjunction with the acquisition of UTP led by ICV Partners, a... Read Story

Blackhill Partners, an investment bank specializing in complex situations, has completed the reorganization of Black Elk Energy Offshore Operations, LLC, guiding the company through bankruptcy. Blackhill led Black Elk through a complex Chapter 11... Read Story

BMO Harris Bank’s Asset Based Lending group, a leading provider of middle-market asset-based finance solutions, announced it was Joint Lead Arranger, Joint Bookrunner and Co-Syndication Agent for $125 million in senior credit facilities to Springs... Read Story

Sterling National Bank announced Robert W. Koar, has joined as senior managing director.  He will lead a team of relationship managers dedicated to providing commercial banking services to middle-market companies in New Jersey.  The addition of Koar... Read Story

Victory Park Capital (VPC), an investment firm focused on private middle-market debt and equity investments, announced that it has provided a $25 million senior secured credit facility to West Creek Financial, Inc. (West Creek), a point-of-sale lease... Read Story

Antares Capital announced it is serving as administrative agent, lead arranger, and sole bookrunner on a senior secured credit facility to support the platform investment in Integrity Marketing Group, LLC (“Integrity”) by HGGC, and the concurrent... Read Story

Phoenix Capital Resources, a leading middle-market special situations investment bank, acted as the exclusive financial advisor and investment banker to Kalas Manufacturing, Inc. in arranging, structuring and negotiating a loan package of $33.6... Read Story

B. Riley & Co., LLC, a leading full service investment bank and a wholly-owned subsidiary of B. Riley Financial, Inc., announced today that John Calcagnini and Keith M. Sipes have joined the Investment Banking team as Managing Directors.Calcagnini... Read Story

MB Business Capital announced that James Ogonosky has joined its middle-market asset based lending team as senior vice president in MB’s new Houston, Texas office. In this role, he will source lending and commercial banking opportunities for MB... Read Story

Siena Lending Group announced the completion of a three-year $7.5 million asset-based revolving and term loan credit facility for American Bare Conductor Inc (“ABC”) to refinance their existing senior debt and to provide additional working capital... Read Story

Monroe Capital LLC announced Marc Adelson has joined the firm as Managing Director, Originations. He joins Ben Marzouk and Lee Stern in the firm’s New York office, as the firm continues to expand its presence in the New York region.“We are very... Read Story

MidCap Business Credit announced it has completed a $3 million asset-based credit facility to Technology Container Corporation in Desoto, TS, a manufacturer of corrugated plastic boxes. The asset-based credit facility is comprised of a revolving line... Read Story

Golub Capital announced that as administrative agent, lead arranger and joint bookrunner, it provided a $280 million GOLD financing to finance Freeman Spogli's acquisition of Batteries Plus Bulbs ("B+B").  GOLD financings are Golub Capital One-Loan... Read Story

Middle-market private companies in the Golub Capital Altman Index increased revenues by 7.38% and earnings (defined as earnings before interest, taxes, depreciation and amortization, or "EBITDA") by 2.01% year-over-year during the first two months of... Read Story

Citizens Bank announced Brent Hazzard has been named Head of Structured Finance at Citizens Commercial Banking.Hazzard joins Citizens from GE Capital where he had served as a leader in both GE’s Restructuring and Distressed Debt businesses.... Read Story

Monroe Capital LLC announced the closing of a $305 million term debt securitization known as Monroe Capital MML CLO 2016-1, Ltd. The term financing was Monroe’s third CLO completed in the last two years, is secured by middle-market senior secured... Read Story

Lending to U.S. mid-sized companies is poised to increase in the second half of 2016 as lenders report a growing pipeline of M&A deals and expectations for a push ahead of the U.S. election, market participants told Thomson Reuters LPC.After two... Read Story

CIBC announced that it has entered into a definitive agreement to acquire PrivateBancorp, Inc. and its subsidiary, The PrivateBank, a high-quality Chicago-based middle market commercial bank with U.S.$17.7 billion in assets, complemented by private... Read Story

Monroe Capital LLC announced Steve Hinrichs has joined the firm as Managing Director in its Los Angeles office. Hinrichs will serve as the firm’s Group Head for the Southern California region.“We are very excited to add Steve to the Monroe Capital... Read Story

Great Rock Capital Partners announced the hiring of Lori Potter as Managing Director of Originations to source and evaluate investment opportunities, and Christina Zielinski as Vice President of Portfolio and Underwriting."Lori Potter is a first... Read Story

Praesidian Capital, a leading provider of senior and subordinated debt for small and mid-sized companies, announced today that Bill Johnston was hired as an associate. Johnston joins Praesidian from PNC Capital Markets LLC where he worked in the Loan... Read Story

BMO Harris Bank announced the launch of its new commercial banking office in Dallas. The office provides BMO Harris customers in Texas with expanded and dedicated resources, with an initial focus on Diversified Industries, Asset-Based Lending and... Read Story

WNB Specialty Finance announced the addition of William Bogatay as Southwest Regional Manager who will be responsible for all new business in Texas and the contiguous states. Bogatay will assist in expanding WNB’s North American presence by... Read Story

MB Business Capital recently provided an $8 million senior credit facility to Plano, Texas based WM Coffman Resources, LLC (“Coffman”). Coffman is the market leader in the residential stair parts industry within the United States. They are a one-stop... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $55 million term loan and asset based revolver to support the continued growth strategy of The Mitchell Gold Co. d/b/a Mitchell Gold + Bob... Read Story

Capital One announced that Kurt Schaal has joined its Middle Market Commercial Banking team in Fort Worth, TX, as a Senior Vice President. In this role, Schaal will be responsible for building relationships with large and middle-market companies... Read Story

TCF Capital Funding, a division of TCF National Bank, announced that it provided $12.75 million in secured financing to support Wincove Private Holdings, LP in its acquisition of Bluff Manufacturing (“Bluff” or the “Company”). Wincove partnered with... Read Story

Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility (including an undrawn revolving credit facility) to support the acquisition of Ashley Stewart, Inc. by its senior management... Read Story

Crestline Investors, Inc., a credit focused institutional alternative asset manager, today announced an additional closing of its Crestline Opportunity Fund III strategy, bringing capital in the strategy to $720 million. The strategy invests... Read Story

Antares Capital announced it is serving as administrative agent and joint lead arranger on a $136 million senior secured credit facility to support the acquisition of Meadows Behavioral Healthcare (“The Meadows”) by Kohlberg & Company, LLC... Read Story

LBC Credit Partners provided a second lien term loan to CWD, LLC d/b/a Centric Parts, a portfolio company of Audax Private Equity. The proceeds were used to refinance existing indebtedness. LBC Credit Partners served as agent, sole lead arranger and... Read Story

Marquette Business Credit announced the addition of Justin Lenhert to its growing business development team as the company expands its presence to Kansas City, MO. Lenhert joins the company as an AVP, Business Development Officer and will work out of... Read Story

TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced that it has promoted Nicholas O’Brien and Robert Joyce to Officer and that it has hired Andrew Hendricks as Senior Associate.O’Brien... Read Story

Ares Capital Corporation is serving as the administrative agent, joint lead arranger and joint bookrunner for a $1.075 billion unitranche credit facility in support of the acquisition of Qlik Technologies, Inc. by Thoma Bravo, a leading private... Read Story

Despite comprising only 1% of the total number of commercially active firms in the country, middle market companies have led national job growth over the past five years, employing nearly 53 million workers – more than double the number employed by... Read Story

Leading global professional services firm Alvarez & Marsal (A&M) has expanded its North American Commercial Restructuring practice with the addition of Brian J. Fox, who joins as a Managing Director in New York. Fox brings more than 25 years of... Read Story

Building on an existing relationship with Diversis Capital, a private equity group based in Santa Monica, CA, Gibraltar Business Capital set up a creative working capital  financing facility for a Diversis portfolio company, Martin Archery. Martin... Read Story

Manufacturing was the most active industry for closing deals valued at $75 million or less in the first quarter of 2016, according to a new survey released by CMF Associates, private equity’s preferred operating partner for finance and financial... Read Story

On May 13, 2016, the U.S. Bankruptcy Court, District of Delaware, authorized the retention of PMCM, LLC to provide Michael E. Jacoby as Chief Restructuring Officer, and to coordinate efforts and market the assets of AF-Southeast, LLC, Allied Fiber --... Read Story

Patterson Medical, a leading distributor of rehabilitation, sports medicine and assistive patient products, has signed a definitive agreement to acquire Performance Health, a leading manufacturer and supplier of consumer branded health, wellness and... Read Story

First Financial Bank, a Cincinnati-based community bank that got its start in 1863, announced the hiring of Brooke Balcom to its specialty banking leadership team. Balcom was recently named the Director of First Financial Business Capital, a division... Read Story

MB Business Capital recently provided a new $5.7 million  senior credit facility to Sparks, Nevada based Via, Inc. Via is a designer and manufacturer of branded, ergonomically advanced office chairs. The company was founded in 1987 with a focus on... Read Story

Monroe Capital LLC acted as co-syndication agent on the funding of a senior credit facility to support Argyle Executive Forum LLC’s (“Argyle”) acquisition of Innovation Enterprise. Argyle is an existing portfolio company of the Wicks Group.Based in... Read Story

Breakwater Investment Management, LLC announced the recent closing of a credit facility for its direct lending vehicle, the Breakwater Credit Opportunities Fund, L.P. (“BCOF”). The credit facility is being provided by East West Bank, a wholly-owned... Read Story

Cedar Croft Consulting, a management consulting established to assist mid-market clients in the manufacturing, distribution, retail and service provider industry sectors located throughout North America, provides value-added services including due... Read Story

PNC Bank announced the addition of Blake Kenny, senior vice president with the senior secured financing team in the Midwest. Based in Troy, MI, Kenny will be responsible for business development and loan origination sourced from middle-market... Read Story

Marquette Business Credit recently funded a credit facility to Load Delivered Logistics, LLC.  Based in Chicago, IL, Load Delivered Logistics is a third party logistics provider with unmatched service, next level technology and a national reaching... Read Story

Capital One announced that George W. Town, Jr., has joined the bank’s Middle Market Commercial Banking team in Louisiana as a Senior Vice President and Relationship Manager. In this role, Town provides commercial banking services and solutions to... Read Story

Institutional demand for private credit is propelling capital formation in the U.S. middle market, as a flurry of newly created direct lending platforms enter the mix and existing alternative debt capital providers continue to raise money and add... Read Story

Fora Financial, a provider of flexible working capital solutions to small businesses, announced the closing of a $52.5 million senior revolving credit facility. A group of four financial institutions will participate in the new facility, with AloStar... Read Story

Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced it provided $26 million in senior secured credit facilities to support the acquisition of Learn It Systems by LLR Partners. Learn It Systems is a provider of autism... Read Story

CIT Group Inc. announced that CIT Healthcare Finance served as joint lead arranger and syndication agent for a $65 million senior secured credit facility to Blue Wolf Capital Partners, a private equity firm that specializes in responsibly... Read Story

NXT Capital announced that it has provided financing to support Regent Holding Company’s acquisition of Illume through an amendment and expansion of Regent’s existing senior secured credit facility. NXT provided the original senior secured credit... Read Story

Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Southern Air & Heat by private equity sponsor, MSouth Equity Partners.Based in the Southeast... Read Story

Gordon Brothers Group, a global advisory, restructuring and investment firm announced today that it has acquired Blast–Off Brands, the Los Angeles-based licensing and branding company. Blast-Off Brands co-founder, Ramez Toubassy, will join Gordon... Read Story

TCF Capital Funding, a division of TCF National Bank, announced the hiring of Andrew Barnes as Vice President. “We are very excited to have Andrew join our team,” said Joe Gaffigan, TCF Capital Funding’s President. Andrew brings an extensive lending... Read Story

Marquette Business Credit recently funded a $16.5 million credit facility to a hardwood lumber and flooring manufacturer.The secured facility consists of a $15.0 million revolving line of credit plus an additional $1.5 million equipment term loan. ... Read Story

Leading commercial cleaning and outsourced facility maintenance company, Capital Contractors, Inc. recently closed on a $5 million financing facility from its current majority owner, an affiliate of Palladium Equity Partners, LLC. Founded in 1932... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $20.3 million senior credit facility to support the acquisition of a business services company by private equity sponsor, Source Capital... Read Story

Renovo Financial, a Chicago-based private lender that assists real estate investors who acquire, renovate and manage residential properties, announced it has closed an incremental $25 million commitment from Victory Park Capital (VPC), an investment... Read Story

Capital One served as administrative agent and lead bookrunner for a $65 million senior secured credit facility to support the acquisition of National Home Health Care Corporation by Blue Wolf Capital.  National Home Health Care (NHHC) is... Read Story

The PrivateBank announced Loren Willet and Lisa Adams have joined the company as managing directors and relationship managers, delivering asset-based lending solutions to its commercial middle-market clients. Willet, who is based in Dallas and will... Read Story

Siena Lending Group announced the completion of a three-year $7.0 million senior secured credit facility to New Dalton Corporation. The facility will be used to finance Speyside Equity’s (majority owner) and Beckner Clevy Partners stock acquisition... Read Story

Marquette Business Credit announced the firm has provided Nova Products, Inc. with a $6 million revolving line of credit for working capital.  The company imports and distributes exotic prefinished and unfinished hardwood flooring, exterior decking... Read Story

Crystal Financial announced it nderwrote a $20 million term loan for Intersections Inc. Founded in 1986 and headquartered in Chantilly, VA, Intersections is a leading provider of consumer identity protection and monitoring services.  In addition, the... Read Story

Oxer Capital, Inc. has launched Oxer BCP Mezzanine Fund, L.P., a Small Business Investment Company (SBIC) licensed by the U.S. Small Business Administration (SBA) and created to fill the capital needs of lower middle-market private... Read Story

Austin Financial Services, Inc. recently funded a $5.25 million asset-based loan credit facility comprised of an A/R and inventory revolver with a $1 million equipment term loan. The company is a private label food manufacturer, wholesaler and... Read Story

Carl Marks Advisors, a leading consulting and investment banking advisory firm to middle-market companies, today announced that Brian A. Williams has joined the firm as managing director, supporting their investment banking and advisory teams in the... Read Story

WNB Specialty Finance announced the addition of Michael Goletz as Senior Vice President, Business Development Officer. Goletz will assist in expanding WNB’s North American presence by originating senior secured debt facilities for companies in the... Read Story

Monroe Capital completed the successful optional redemption of 100% of the Notes for MC Funding 2006-1, a middle market CLO that closed on December 21, 2006.  The $409.5 million-middle market CLO, managed by Monroe Capital Management LLC, generated a... Read Story

BlackArch Partners announced that Pete Bilden has joined the firm as Managing Director and co-head of the firm’s Aerospace, Defense & Government Services industry practice. Bilden has more than two decades of experience in the Aerospace, Defense &... Read Story

PNC Riverarch Capital announced the recapitalization of Feeders Supply Company, LLC, a leading specialty retailer of pet food and supplies headquartered in Louisville, Kentucky. The transaction also included a significant re-investment by President... Read Story

Monroe Capital Corporation announced that its wholly-owned subsidiary, Monroe Capital Corporation SBIC, LP (“MCC SBIC”), has received approval for $75.0 million in additional debentures from the United States Small Business Administration (“SBA”).... Read Story

LBC Credit Partners provided $40.0 million senior secured credit facilities to support the acquisition of SourceLink Acquisition LLC (“SourceLink” or the “Company”) by an affiliate of Aterian Investment Partners (“Aterian”). LBC Credit Partners... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior secured credit facility to support the refinancing of Solterra Recycling Solutions, a portfolio company of Roark Capital.Based in Ewing... Read Story

Siena Lending Group announced the completion of a $15 million credit facility for Rotorcraft Leasing Company, LLC to refinance their existing senior debt and to support their working capital needs. Rotorcraft is an investment of Bain Capital Credit... Read Story

SSG Capital Advisors, LLC acted as the investment banker to Edgmont Golf Club, Inc. and Edgmont Country Club (collectively, "Edgmont", the "Property" or the "Club") in the placement of exit financing and in the sale of substantially all of its assets... Read Story

BlackArch Partners, a middle-market investment bank offering a full spectrum of advisory services, announced that Grant Hamilton has joined the firm as managing director and head of the firm’s Building Products industry practice. Hamilton has more... Read Story

Blackhill Partners, an investment bank specializing in complex situations, has completed the reorganization of RAAM Global Energy Company, guiding the company through a pre-negotiated chapter 11 bankruptcy in under 100 days. RAAM engaged Blackhill... Read Story

Oxford Finance announced the closing of a senior credit facility with Diversis Capital, LLC, a private equity firm focused on acquiring and growing small- and middle-market companies. Oxford was the sole lender and administrative agent for this... Read Story

FirstMerit Bank Business Credit announced it has closed two recent transactions. They are: Wisconsin Plastics, Inc. FirstMerit Bank Business Credit closed a new $7.5 revolving loan facility and term loan facility to Wisconsin Plastics, Inc. on... Read Story

Gross & Janes Co. (G&J) has completed a recapitalization, including an asset-based revolving credit facility from Siena Lending Group LLC and a term loan provided by CapX Partners.  FocalPoint acted as exclusive financial advisor to G&J.Headquartered... Read Story

Monroe Capital announced it acted as sole lead arranger and administrative agent on a $63 million senior credit facility to support an investment in Familia Dental Group Holdings, LLC (“Familia”) by private equity sponsor, The Halifax... Read Story

LBC Credit Partners, a leading provider of financing solutions to middle market companies, was selected by shareholders of Ameriqual Group, LLC to provide a senior secured term loan to support the recapitalization of the company. LBC Credit Partners... Read Story

ORIX USA announced that John Bozalis has rejoined ORIX Leveraged Finance as a Managing Director in the Dallas office. He will be responsible for originating and executing new investment opportunities consisting of senior secured, unitranche and... Read Story

Executives from middle-market businesses and small businesses have positive expectations for the performance of their companies over the next 12 months, at 70 percent and 69 percent respectively, according to results from the 2016 JPMorgan Chase & Co... Read Story

Former House Speaker Newt Gingrich has joined Georgia based JAM Capital Partners to raise a new $100 million fund to invest in fast growing and innovative businesses in the Southeast. JAM Capital Partners is a private investment partnership that... Read Story

Middle-market private companies in the Golub Capital Altman Index increased revenues by 9.08% and earnings (defined as earnings before interest, taxes, depreciation and amortization, or "EBITDA") by 5.05% year-over-year during the first two months of... Read Story

Antares Capital is serving as administrative agent and lead arranger on a $224 million senior secured credit facility to support the acquisition of TK Enterprises (“TKE”) by The Jordan Company.Founded in 1994 and headquartered in Dallas, TX, TKE is a... Read Story

Antares Capital is serving as administrative agent, joint lead arranger and joint bookrunner on a senior secured credit facility to support the acquisition of Momentum Textiles by The Riverside Company.Headquartered in Irvine, CA, Momentum Textiles... Read Story

Concord Financial Advisors announced it has secured an $8.2 million senior secured asset-based lending facility and a $1.1 second lien loan for a private equity sponsored manufacturer of component and user interface components. The manufacturer is... Read Story

Great Rock Capital Partners, a Connecticut-based investment management firm specializing in middle-marketing lending, announced Jim Hogan has joined the firm as Chief Risk Officer. Mr. Hogan will oversee the firm's risk management, including, leading... Read Story

Leading global professional services firm Alvarez & Marsal (A&M) has expanded its Performance Improvement practice with the recent addition of Ramin Tabibzadeh, who joins as a Managing Director in Los Angeles.  He specializes in helping Global 1000... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on a $42.5 million senior credit facility to support the acquisition and future growth initiatives of Alloy Wheel Repair Specialists, Inc. (“Alloy”) by private... Read Story

PNC Bank, N.A. announced the addition of three experienced bankers to the senior secured financing team: Eugene Leary, senior vice president; James Clifton, senior vice president; and Nathan Love, vice president. All will be responsible for business... Read Story

Crystal Financial LLC, an independent commercial finance company, announced the closing of a $17 million term loan for Numerex Corp.  Headquartered in Atlanta, Numerex is a leading provider of managed enterprise solutions enabling the Internet of... Read Story

Drybar Holdings LLC, a leading blow dry-only concept, announced the placement of $40.9 million in credit facilities to fund continued growth and working capital for its salon and products businesses, as well as to retire existing debt.As... Read Story

Hastings Equity Partners, a private equity firm focused on investing in lower middle-market energy services and equipment companies, is excited to announce its fifth Fund III platform investment in Cactus Fuel, LLC. PNC Financial Services provided... Read Story

NewStar Financial announced  that it has been named 2015 Lender of the Year by Mergers & Acquisitions (“M&A”), an independent digital news service and monthly magazine covering all aspects of deal-making in the middle market.  The monthly magazine is... Read Story

TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced that it provided $11 million in secured financing to support Argosy Private Equity acquiring a controlling ownership interest in... Read Story

According to the annual SunTrust Banks, Inc. Business Pulse Survey, there is a significant shift in the growth strategies of middle-market and small businesses as they move forward with plans to fuel expansion in the next five years. Thirty-six... Read Story

Monroe Capital announced that it has established a new business vertical, Specialty Finance Lending. Aaron Peck, Lee Stern and Kyle Asher will lead the origination efforts, based out of the firm’s Chicago and New York offices. “We are excited to... Read Story

CIT Group Inc. today announces its strategic plan designed to drive long-term shareholder value. In connection with today’s (Mar. 23) strategic update call, CIT is delivering a slide presentation which is available at cit.com/investor.“Today, CIT... Read Story

The Middle Market Growth Program (MMGP), jointly managed by Antares and LStar Capital, has closed a senior secured unitranche credit facility to support the equity investment of Nautic Partners LLC in Response Team 1 (RT1).   Headquartered in... Read Story

RSM US LLP (RSM) – a leading provider of audit, tax and consulting services to the middle market – released the first RSM Middle Market Business Index (MMBI). Developed in partnership with Moody's Analytics, the MMBI is designed to accurately reflect... Read Story

Private debt specialist Old Hill Partners Inc. has brought former GE Capital executive Shila Ray aboard as Financial Officer. Ray will be responsible for overall finance and fund accounting functions at the company and has been named to the firm's... Read Story

Blue Harvest Fisheries announced the acquisition of seven Massachusetts-based scallop vessels and related shoreside assets from Harbor Blue Seafood, Inc. and related affiliates (“HBS” or “Harbor Blue”). Blue Harvest now owns 15 scallop vessels and... Read Story

SSG Capital Advisors, LLC ("SSG") acted as the investment banker to True Textiles, Inc. ("True Textiles" or the "Company") in the sale of all of its outstanding stock to Duvaltex, Inc. ("Duvaltex").  The transaction closed in February 2016. True... Read Story

Encina Capital Partners, an investment firm focused on specialized lending and leasing platforms, and an affiliate of certain funds managed by Oaktree Capital Management, L.P. (“Oaktree Investor”) announced that they have launched Encina Business... Read Story

Monroe Credit Advisors announced that it placed a $25 million senior secured credit facility for SafeGuard World International (“SafeGuard”). SafeGuard is a leading international provider of global payroll, employment outsourcing and human resources... Read Story

A motion was filed last week with the U.S. Bankruptcy Court, Western District of New York, to retain Phoenix Capital Resources as the exclusive investment banker in conjunction with the potential sale of the assets of Flour City Bagels, LLC, and its... Read Story

M&A advisory firm Capstone Strategic surveyed middle-market executives from multiple industries on their growth and M&A experience in 2015 and their outlook for 2016. The survey was conducted in December 2015, and followed a previous survey in... Read Story

Santander Bank has appointed Siobhan Schroth to the role of head, middle-market banking in its Corporate and Commercial Banking division. Schroth joined Santander in September 2015, bringing to the company nearly 30 years of banking experience in... Read Story

TCF Capital Funding (TCFCF), a division of TCF National Bank which is a subsidiary of TCF Financial Corporation announced that it provided a $24.5 million facility to support Mangrove Equity Partners in the merger of Computer Aided Technology, LLC... Read Story

BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was administrative agent, joint lead arranger and joint bookrunner for senior secured credit facilities to support the acquisition... Read Story

Reich Brothers Holdings, LLC, a purchaser of turnkey manufacturing facilities, specialty finance lender, and demolition services provider, has named Kyle Sligar president of Reich Brothers Business Solutions, LLC and hired new capital asset... Read Story

Phoenix Capital Resources, the investment bank affiliate of Phoenix Management Services, LLC, acted as the exclusive financial advisor and investment banker to Lane Enterprises, Inc. PNC Bank, N.A. provided a new $54.6 million credit facility to Lane... Read Story

Monroe Credit Advisors (“MCA”) announced the successful placement of a $20 million term loan for London Broadcasting Company, Inc. (“LBC”), a portfolio investment of SunTx Capital Partners (“SunTx”). LBC is a Dallas-based media business focused upon... Read Story

Marquette Business Credit announced it recently funded a new $4 million revolving line of credit to a national branded designer, developer, and distributor of premium rugged mountain lifestyle apparel and accessories.  The secured credit facility... Read Story

TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced that Kurt C. (“KC”) Beuker has joined as Senior Vice President.  Beuker is based in Chicago and is responsible for new business... Read Story

A new Philadelphia based company (Conshohocken, PA) is changing the landscape for businesses in need of working capital. CapitalFront, LLC brings the credibility and stability of institutional lending to small- and middle-market businesses.Founded by... Read Story

Antares Capital announced that it has hired Vivek Mathew as managing director, head of Structured Products. Mathew will join Antares in the second quarter of 2016.“We’re excited to have Vivek join us as we look to diversify our capital structure and... Read Story

Sheridan Capital Partners, a Chicago-based lower middle-market private equity firm, announced an equity investment into Europa Sports Products (“Europa”), a Charlotte-based wholesale distributor of sports and fitness supplements. Sheridan will merge... Read Story

Bank of America Business Capital has named Ira Kreft as Marketing Manager for the Central Region to manage a team of business development professionals who deliver commercial banking and asset-based lending solutions to large and middle-market... Read Story

Garrison Investment Group LP announced the funding of a senior secured term loan, in conjunction with a senior secured credit facility provided by PNC Business Credit, to Texas Hydraulics, Inc. (“THI”). Proceeds from the transaction were used finance... Read Story

B. Riley Financial, Inc. announced that Perry Mandarino has joined B. Riley & Co., LLC to form its newly created Restructuring Solutions team and will serve as Senior Managing Director and Head of Corporate Restructuring. Mandarino brings over 28... Read Story

The Keystone Group, a consultancy with a focus on creating value for middle-market companies and improving their profitability, announced the promotion of Joe Zito as he steps into his new role as a Director of the Chicago-based firm. Zito, an... Read Story

TCF Capital Funding (TCFCF), a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced that it increased its existing credit facilities to support  Innovative Office Products (“IOP”), a portfolio company owned by... Read Story

New Canaan Funding, a long-term mezzanine financing partner to the private equity community, announced that Dennis Robleski has joined the firm as a partner.  Robleski brings over 30 years of experience in middle-market leveraged capital and in... Read Story

H.I.G. Capital (“H.I.G.”), a leading global alternative asset firm with $19 billion of equity capital under management, announced that Stuart Aronson, former Head of GE Capital’s Sponsor Finance Group, has joined H.I.G. WhiteHorse as Group Head of... Read Story

Victory Park Capital (VPC), an investment firm focused on private middle market debt and equity investments, announced Upacala Mapatuna has joined as chief investment officer. Upacala will bring more than 20 years of financial industry experience and... Read Story

The PrivateBank has provided both debtor-in-possession financing and $20 million in senior secured exit financing to Cardiac Science Corp. Cardiac Science is a global leader in the manufacturing and marketing of automated external defibrillators... Read Story

Thoma Bravo, LLC, a leading private equity investment firm, has completed fundraising for Thoma Bravo Discover Fund (“Discover”). The fund – which will focus on lower middle-market software investments – closed with $1.074 billion of commitments... Read Story

Babson Capital Management, a global asset management firm with approximately $223 billion in assets under management, announced that it led the Term Loan B issuance in a $135 million credit facility to Cambium Learning Inc. Babson also served as... Read Story

Triumph Healthcare Finance, a provider of asset based lending solutions for small to mid-sized healthcare companies nationwide, announced it will provide Creative Solutions in Healthcare with a $20 million asset-based working capital facility to... Read Story

Marquette Business Credit, LLC announced it recently funded an $8.2 million credit facility to Nelson-Miller, Inc., a portfolio company of Superior Capital Partners.  Based out of Los Angeles, Nelson-Miller, Inc. is an internationally recognized... Read Story

TCF Capital Funding (TCFCF), a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced it provided $7.1 million secured financing to support Mangrove Equity Partners’ investment in Dixie Diamond Manufacturing... Read Story

NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., has provided senior secured credit facilities totaling $8 million to Roscom, Inc. (“Roscom” or the “Company”).  Founded in 1972 and headquartered in Croydon, PA, Roscom... Read Story

Antares Capital announced it is serving as administrative agent and lead arranger on a $145 million senior secured credit facility to support the acquisition of AIM Aerospace by Liberty Hall Capital Partners. Headquartered in Renton, WA and founded... Read Story

Conway MacKenzie Inc. has recently expanded its offerings with the launch of its Consumer Packaged Goods Advisory Services practice. Led by consumer packaged goods (CPG) veteran Mike Musso, the practice helps middle-market CPG companies and... Read Story

Armory Group, a preeminent advisory, investment banking and asset management firm serving middle-market companies and their stakeholders, today announced the formation of Armory Strategic Partners, led by turnaround and consulting veteran Scott Avila... Read Story

TAB Bank announced it has appointed Curt Queyrouze as president.  Most recently, Queyrouze served as TAB’s Chief Credit Officer for the past two years.  He will be based out of TAB Bank’s corporate headquarters in Ogden, UT and will oversee all... Read Story

Gordon Brothers Finance Company (GBFC), a specialty-lending business to middle market companies, announced today that Eugene "Gene" Martin has been appointed President & Chief Executive Officer.Martin is a senior, global capital markets and credit... Read Story

White Oak Global Advisors, LLC announced that it has expanded the company’s leadership team with John H. Fitzpatrick as chairman and partner. “Having the right leadership is critical as we continue to grow. We are extremely pleased that John has... Read Story

PNC Bank, N.A., announced the following appointments to its senior secured lending teams in the Western and Midwest regions: Ankur Gupta in San Francisco and Michael Bishop in Grand Rapids, MI.Based in San Francisco, Ankur Gupta has been appointed... Read Story

Antares Capital announced the recent appointment of Melina Higgins as independent board chairman, and the election of two new independent board members, Mark Furlong and Diane Nordin, to the Antares Midco, Inc. board of directors.    “Our new board... Read Story

NXT Capital announced that it has provided a $50.5 million senior secured credit facility to support Tenex Capital Management’s acquisition of Ohio Medical Corporation.   NXT Capital acted as the sole lead arranger, administrative agent, and sole... Read Story

The burgeoning service economy is significantly outpacing more traditional industry sectors in its rate of business growth among middle market companies, according to the Middle Market Power Index: Exploring Generational Changes in Middle Market... Read Story

MB Business Capital announced that Timothy Carstens has joined its middle-market asset based lending team as senior vice president in MB’s new Scottsdale, Arizona office. In this role, he will provide lending and commercial banking services to MB... Read Story

Antares Capital announced that it recently finalized the hiring of its Loan Syndication, Sales and Trading team led by industry veteran, Kevin Burke.The team, hired from GE Capital, includes managing directors Anthony Diaz, Mark Familo, Erica... Read Story

LBC Credit Partners provided a $12.5 million senior secured term loan to support the acquisition of HeathCo LLC (“HeathCo”) by Transom Capital Group (“Transom Capital”). HeathCo will operate as a standalone entity and focus on existing and planned... Read Story

Carl Marks Advisors, a leading consulting and investment banking advisory firm to middle market companies, announced the promotions of Charles Boguslaski as Partner,  David Endo and Jeff Pielusko both as Vice President.“We are pleased to offer these... Read Story

FirstMerit Bank Business Credit announced it closed a new $6.5 million revolving loan and capital expenditure facilities to Drexel Metals, Inc. on December 23, 2015.  Proceeds of the facility were used to refinance existing debt and to provide... Read Story

Siena Lending Group announced the completion of a three-year $9 million asset-based revolving credit facility for Xenith, LLC, a portfolio company of Rock Ventures LLC. Xenith will utilize Siena’s facility to provide additional liquidity and capital... Read Story

Construction materials wholesaler Consolidated Lumber Company has closed on a $15 million loan from U.S. Bank to support its growth and provide working capital. Founded in 1903, Stillwater, Minn.-based Consolidated Lumber operates 16 locations... Read Story

Wynnchurch Capital, a $2.3 billion middle market-private equity firm, today announced the formation of Wynnchurch Industries, LLC, a new platform company which has been established to invest in industrial materials companies. The new platform will be... Read Story

MMKT Exchange LLC, a leader in the middle market lending technology and data analytics space, announced today that it launched a quarterly Middle Market Loan Trend Report, beginning with Q3 2015.  The report is free and can be downloaded here:  See:... Read Story

TCF Capital Funding (TCFCF), a division of TCF National Bank, announced that it provided secured financing to support the refinancing of Dubin Clark & Company portfolio company, Restoration Parts Group, Inc., and its acquisition of Auto Accessories... Read Story

MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $22.2 million senior credit facility to Houston, Texas based T&L Distributing, LTD. T&L is one of the largest flooring distributors in the nation, with... Read Story

NewStar Business Credit, a subsidiary of NewStar Financial, Inc. announced the launch of a new unitranche loan product called SingleSource. SingleSource combines ABL and cash flow financing approaches to provide a creative and valuable “one-stop”... Read Story

Riveron Consulting, a Dallas-based firm that helps clients maximize the value of both strategic and financial transactions throughout the business transaction life cycle, including acquisition, integration, operations and divestiture, announced the... Read Story

Monroe Capital LLC acted as sole lead arranger and administrative agent on a $35 million senior credit facility to support the recapitalization of 101.1 More FM/WBEB by a fund affiliated with Equity Group Investments.  101.1 More FM/WBEB is a... Read Story

Citizens Commercial Banking’s fifth-annual Middle Market M&A Outlook released today shows more than half of mid-sized U.S. companies are looking for transformative deals to help them jump-start revenues in the stabilized, but slow-growing U.S.... Read Story

Siena Lending Group LLC announces the completion of a three-year $10 million credit facility for Marbles: The Brain Store (“Marbles”) to refinance their existing senior debt and to support their store growth requirements. Marbles is a portfolio... Read Story

Nautic Partners, LLC (“Nautic”), a leading middle-market private equity firm that focuses on investments in the healthcare, industrial products, and outsourced services sectors, has successfully completed its fund raising for Nautic Partners VIII... Read Story

Insignia Capital Partners LP has closed its debut oversubscribed fund at $358 million. The fund’s limited partners include endowments, public pensions, consultants, insurance companies, family officers and fund of funds. The pool will target North... Read Story

CI Capital Partners LLC, a New York-based private equity firm, announced the closing of its third fund, CI Capital Investors III, L.P. (the "Fund" or "Fund III"). Fund III was in the market for less than three months and closed at the Fund's target... Read Story

Marquette Business Credit announced it has provided EBuys, Inc. (dba Shoe Metro) with a $17.5 million revolving line of credit to support its continued growth.  Founded in 2004, EBuys is a rapidly growing on-line discount retailer of brand name... Read Story

Franklin Square Capital Partners announced the origination of a new senior secured loan to Pittsburgh Glass Works, LLC (PGW), a leading North American manufacturer, supplier and distributor of automotive glass products. Franklin Square and GSO... Read Story

Monroe Capital LLC acted as sole lead arranger and administrative agent on a $25.1 million senior credit facility to support the acquisition of Complete Nutrition, Inc. by private equity sponsor, Dominus Capital, L.P.Based in Omaha, Nebraska and... Read Story

Comvest Partners, through its Comvest Capital lending platform, and Crystal Financial LLC, a provider of debt capital solutions to middle-market businesses, announced that they have acted as Co-Agents in providing a term loan to Crest Financial.... Read Story

CIT Healthcare Finance served as joint lead arranger, joint bookrunner and administrative agent for a $118 million senior secured credit facility for Wellspring Capital Management, LLC, a leading middle-market private equity firm. The financing... Read Story

FirstMerit Bank Business Credit announced it closed a new $25 million revolving loan facility to Worldwide Electric Corporation on December 2, 2015.  Proceeds of the facility were used to refinance existing debt and to provide working... Read Story

Gibraltar Business Capital recently completed a large "accordion" structured working-capital deal for a growing healthcare company.  This highly flexible line of credit is a great example of how Gibraltar's asset based lending model works creatively... Read Story

Bank of America announced that Paul Lambert has been named market president, serving as the company’s enterprise leader in Chicago. Lambert will succeed Tim Maloney who led the market since 2009 and intends to retire in early 2016.In this role... Read Story

Great Rock Capital Partners (Great Rock), a Connecticut-based investment management firm, announced the launch of its lending platform that will provide asset-based and asset-backed loans for middle market companies whose financing needs are not... Read Story

Monroe Capital Corporation announced an amendment and  extension of its syndicated credit facility led by ING Capital LLC, which includes a reduction in pricing and an expansion in commitments.The amended facility includes an increase in the size of... Read Story

Surplus capital and low interest rates are providing the currency to boost middle-market M&A activity, according to the Inside the Middle Market research report released by Brown Gibbons Lang & Company (BGL) www.bglco.com.  Please access the report... Read Story

Golub Capital announced that as administrative agent, sole lead arranger and sole bookrunner, it provided a GOLD financing and equity co-investment to support the acquisition of Active Day Senior Care by Audax Private Equity.  GOLD financings are... Read Story

Amerisource announced the closing and funding of a $3 million asset-based revolver for a transportation company in California servicing the retail industry. The company was introduced to Amerisource by its CPA. The company was previously financed by... Read Story

Marquette Business Credit announced that at the close of October new business commitments in 2015 jumped to $103MM, up 49% from the same time last year.  With two months still left in the year, 2015 has already proven to be the best year in MBC’s 11... Read Story

Citizens Bank announced that it has provided $175 million in financing to Lowell-based TRC Companies, in part to be used for the previously announced $130 million acquisition of the Professional Services business segment of Tulsa, Okla.-based... Read Story

Emtec, Inc., a leading IT consulting firm providing industry-specific transformative digital solutions, announced that the company has received new senior secured credit facilities from LBC Credit Partners, a provider of financing solutions to middle... Read Story

The Spectranetics Corporation has completed the refinancing of its outstanding debt and closed on a new $110 million senior secured credit facility led by Midcap Financial and Silicon Valley Bank.  The new facility consists of a $60 million term loan... Read Story

The Small Business Investor Alliance (SBIA), the leading association of lower middle-market private equity funds and investors, gains a significant legislative victory today as the House and Senate passed the Small Business Investment Company (SBIC)... Read Story

Monroe Capital announced it acted as sole lead arranger and administrative agent on a $14.5 million senior credit facility to support the merger of Nelbud 360 Services Group, Inc. (“Nelbud 360 Services”) and TEAM Services, LLC (“TEAM”). Nelbud 360... Read Story

Siena Lending Group continues to expand its nationwide platform with today’s announcement of the hiring of Steve Bellah as the Southwest Regional Director. Bellah, a highly seasoned ABL veteran, will be focused on originating middle-market... Read Story

Super G Funding announced it provided acquisiton funding to Simply Color Lab, one of the nation’s top professional photography printers in the acquisition of ShootQ, a SaaS company that provides a complete studio management system made especially for... Read Story

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on a $31.4 million unitranche credit facility to support the recapitalization of Worldwise, Inc. and ongoing innovation and product development, as well as future... Read Story

MB Business Capital announced it recently provided a new $10 Million senior credit facility to Hudson, North Carolina based Beocare, Inc. and their affiliate Shelby Elastics, LLC located in Shelby, NC. Beocare develops and produces medical textiles... Read Story

SierraConstellation Partners, an interim management and advisory firm to middle-market companies in transition, announced Drew McManigle has joined the firm as a managing director. McManigle has more than 25 years of experience in operational... Read Story

TCF Capital Funding ("TCFCF"), the Chicago-based cash flow and asset-based lending division of TCF National Bank, announced that it provided financing to support United American Security (“UAS” or the “Company”), a portfolio company of LaSalle... Read Story

Coral Capital Solutions, a provider of financing solutions for the middle market, announced it is providing a $42 million factoring Facility to JNET Communications – a certified minority owned business that is a successful turnaround story.  Coral... Read Story

Antares Capital was lead arranger of a $115 million credit facility to support the refinancing of XIFIN, Inc. by GTCR. Antares served as joint lead arranger and joint bookrunner on the facility.XIFIN, headquartered in San Diego, is a leading provider... Read Story

Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced Scott Morello has joined as Managing Director. Morello will provide financing solutions to middle-market commercial clients in the NY Metro region."Scott Morello's... Read Story

Main Street Capital Corporation announced the amendment of its five-year credit facility.  The recently closed amendment provides several benefits to Main Street, including (i) a reduced interest rate on borrowings to the applicable LIBOR rate plus 1... Read Story

Houlihan Lokey announced that J. Andrew Koecher has joined the firm as a Managing Director and Head of the Transaction Advisory Services (TAS) practice. Koecher is based in Dallas and will be responsible for leading the continued build-out of the... Read Story

Old Hill Partners has launched a new hedge fund to take advantage of rising interest in private debt among institutional investors. The new fund will seek to generate current income by originating and investing in the senior secured credit loans of... Read Story

Audax Group (“Audax”), a leading alternative asset management firm specializing in investments in North American middle market companies, announced the successful final close of Audax Private Equity Fund V at its hard cap of $2.25 billion of... Read Story

Siena Lending Group announced the completion of a three-year $27 million credit facility for Sypris Solutions Inc. (“Sypris”) to refinance their existing senior debt and to support their growth requirements. The facility included a $15 million... Read Story

BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was administrative agent, joint lead arranger and joint lead bookrunner for $35 million in senior credit facilities to support the... Read Story

Sterling National Bank announced Ernest Pelli has joined its asset-based lending division as managing director. Pelli will serve middle-market commercial companies across the country, with particular emphasis on manufacturing, wholesale operations... Read Story

Ares Capital Corporation is providing additional details on its financing commitments closed during the third quarter of 2015. Financing commitments made by Ares Capital in the third quarter totaled over $1.5 billion.“In the third quarter, we... Read Story

FirstMerit Bank Business Credit Press announced it has closed two recent transactions. Details of these financings are as follows:Zhongli North AmericaFirstMerit Bank Business Credit closed a new $15 million revolving loan facility, term loan... Read Story

Marquette Business Credit announced the appointment of two key, senior leadership positions, Gregory P. Carasik to Executive Vice President, National Portfolio Manager and Kenneth S. Pardue to Executive Vice President, National Marketing Manager. ... Read Story

NXT Capital and MidCap Financial announced they have provided an $85 million senior secured credit facility to support Freeman Spogli & Co.’s investment in Regent Holding Company, LLC. NXT Capital and MidCap Financial were joint lead arrangers and... Read Story

Goldman Sachs BDC, Inc. has favorably amended its senior secured revolving credit agreement, resulting in a reduction of the stated interest rate and an extension of the maturity date. Aggregate commitments under the revolving credit facility... Read Story

Golub Capital announced Joseph T. Wilson Jr. has joined the firm as managing director to expand the firm's existing distribution capabilities.Wilson will be responsible for managing and expanding relationships with buyers of leveraged loans... Read Story

NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc. announced today that it has provided a $15 million credit facility to Atlas Group (“Atlas” or the “Company”). Headquartered in Wichita, KS, Atlas specializes in complex... Read Story

Victory Park Capital (VPC), an asset management firm focused on middle market debt and equity investments, announced today that Ron Rolighed will join as a principal, effective immediately. Based at VPC’s Chicago headquarters, Rolighed brings over 20... Read Story

LBC Credit Partners ("LBC"), a leading provider of financing solutions to middle market companies, provided a secured mezzanine loan to support the acquisition of Techniks Industries ("Techniks") by Audax Private Equity ("Audax P.E.") in partnership... Read Story

California Bank of Commerce, a San Francisco Bay Area business bank, announced Amy C. Efland has joined the bank as senior vice president and sales manager for CBC Business Credit in the South Bay.“We are very proud to have Amy join our growing asset... Read Story

United Bank of Glastonbury, CT announced the hiring of Stephen F. Roche of Glastonbury, Conn. as Senior Vice President and Greater Hartford Commercial Banking Team Leader.Roche, whose official start date at United Bank is November 9, will be... Read Story

Milberg Factors, one of the largest factoring and commercial finance companies in the U.S., announced the promotion of William A. Zisfein to Executive Vice President.   Since 1998 Zisfein has served as Senior Vice President at Milberg Factors. As a... Read Story

CapitalSource, a division of Pacific Western Bank, and a national middle-market lender in the technology sector, announced its role as the sole lender in a recent deal with sponsor TA Associates. CapitalSource provided funding for Plusgrade, a... Read Story

FirstMerit Bank Business credit announced it recently closed two asset-based credit facilities totaling $35.2 million. The details are as follows:Millenia Products Group FirstMerit Bank Business Credit announced it closed a new $18 million revolving... Read Story

Citizens Bank announced it is leading an $80 million senior secured credit facility as part of the acquisition of Everett, WA-based Aviation Technical Services, Inc., by New York private equity firm JLL Partners, Inc.“Citizens was a valuable... Read Story

CapitalSouth SBIC Fund IV, L.P. announced it recently invested $5.8 million in Stadium Consolidation, LLC in a combination of subordinated debt and preferred equity.Headquartered in Minneapolis, MN, Staging Concepts is a manufacturer of staging and... Read Story

U.S. middle-market companies continue to report strong revenue growth and confidence in the domestic economy, even as their level of comfort in the global economy and attitude toward investing in their business diminishes amid slowdowns in... Read Story

Carl Marks Advisors, a leading consulting and investment banking advisory firm to middle-market companies, announced that H. Brock Hudson joined the firm as managing director, supporting the firm's investment banking and advisory teams, in the oil... Read Story

The PrivateBank announced it has provided a $25 million credit facility to Veritas Steel, a leader in the steel bridge fabrication industry. Headquartered in Lisle, Ill., the company has facilities in Eau Claire and Wausau, Wisc., and Palatka... Read Story

CIT Group Inc. served as Joint Lead Arranger in a senior secured credit facility to support Audax Group, an alternative asset management firm specializing in investments in middle market companies, in its acquisition of Techniks Industries, a leading... Read Story

Franklin Square Capital Partners announced the origination of a new senior secured loan to Rogue Wave Software, a leading provider of cross-platform software development tools and libraries. The loan facilitated the refinancing of Rogue Wave's... Read Story

Regions Financial Corporation announced the acquisition of BlackArch Partners, a private, middle-market mergers and acquisitions (M&A) advisory firm headquartered in Charlotte, N.C. Financial terms of the transaction are not disclosed.“BlackArch... Read Story

From the third quarter Phoenix Management “Lending Climate in America” Survey, results show lower expectations for domestic economic performance in both the short and long term.Lenders indicated deteriorating confidence in how they expect the U.S.... Read Story

Capital One Bank announced that is has expanded its commercial banking presence in Philadelphia with the appointment of two new executives to the Commercial Banking team. Michael Prendergast and Drew Richards join Capital One as Senior Vice... Read Story

MidCap Business Credit announced it has completed a $6.25 million asset-based credit facility to Faria Beede Instruments, Inc.  headquartered in Uncasville, CT.  The credit facility is comprised of a $5.85 million revolving line of credit and a $400... Read Story

ORIX USA announced the continued expansion of ORIX Ventures, the business unit dedicated to supporting high growth companies. With record performance in 2014 and continued success in 2015, ORIX Ventures has expanded further with a new... Read Story

PNC Bank, N.A., announced the appointment of David Mengel, executive vice president, to head up the technology finance team based in San Francisco. With 30 years of banking experience, Mengel will relocate to oversee PNC’s accelerated build out of... Read Story

CIT Group announced that Scott T. Parker, Executive Vice President and Chief Financial Officer, will leave the company in November to serve as Executive Vice President and Chief Financial Officer of Springleaf Holdings, Inc.John A. Thain, Chairman... Read Story

Capital One Bank announced the appointment of Britt O’Rourke to the Commercial Banking team in the Greater New York region. O’Rourke joins Capital One as a Senior Vice President and will focus on providing commercial banking services and solutions to... Read Story

Solar Capital Ltd. announced that Voya Investment Management has agreed to invest in the Senior Secured Unitranche Loan Program LLC ("SSLP"). Voya acts as the investment advisor for several wholly owned insurance subsidiaries of Voya Financial, Inc.... Read Story

iControl Universal Collaboration Solutions has closed a $20 million growth capital facility with Goldman Sachs Specialty Lending Group (“GSSLG”). The company will use the proceeds to bolster its balance sheet and finance its growth, which recently... Read Story

Comvest Partners, a private investment firm that provides equity and debt capital to middle-market companies across North America, announced the final close of its fifth private equity fund, Comvest Investment Partners V ("the Fund"), with $893... Read Story

Business Capital, a leading commercial finance firm, announced the recent addition of Reed Upson as Business Relationship and Credit Manager.  He will play a central role in managing and developing relationships, underwriting credit transactions, and... Read Story

Golub Capital issued the second edition of the quarterly Golub Capital Middle Market Report. The report, which features the Golub Capital Altman Index, showed that private middle market companies increased revenues by 7.95% and earnings (defined as... Read Story

CIT Communications & Technology Finance served as sole lead arranger and administrative agent in a senior secured credit facility to Central States Tower (CST), a leading middle-market operator and developer of wireless communications towers and a... Read Story

Siena Lending Group announced the completion of a $6.6 million debtor-in-possession revolving credit facility for Lincoln Paper and Tissue LLC (“Lincoln”). The facility will be used for working capital needs as a sale is completed through the 363... Read Story

As Gibraltar Business Capital extends its niche lending capabilities to meet greater demand for capital in the private equity group market, the firm welcomes two new members to its team: Alex Friedman and Dan McCallum. The addition to Gibraltar's... Read Story

AloStar delivered more than $200 million in capital to its 16 new clients during June, July and August. This diversified set of new clients was supported through AloStar Business Credit, AloStar Lender Finance and the recently launched platform... Read Story

Golub Capital announced that as administrative agent, sole lead arranger and sole bookrunner it provided a GOLD financing to support the acquisition of RestorixHealth, Inc. by an investor group led by Leonard Green & Partners, L.P. ("Leonard Green &... Read Story

Citizens Bank announced it is providing a $26 million senior secured credit facility to Aurora, Ill.-based Alarm Detection Systems. Founded in 1968, Alarm Detection Systems is a family-owned and operated company that installs and services fire alarms... Read Story

The PrivateBank announced it has extended a $12.5 million credit facility to the Gleason Group of Companies. Headquartered in Los Angeles, Calif., the Gleason Group produces sewn goods, hand trucks, trailer carts and various other lawn and garden... Read Story

NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced it has provided a $6.5 million secured credit facility to World Class Technology Corp. (“WCT” or the “Company”). Headquartered in McMinnville, Oregon, WCT... Read Story

Wellfleet Credit Partners announced the closing of a $360.0 million collateralized loan obligation (“CLO”), referred to as “Wellfleet CLO 2015-1.” Wellfleet CLO 2015-1 represents the debut CLO issuance for Wellfleet, the performing credit business of... Read Story