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Transom Capital Acquires Wolters Kluwer U.S. Legal Education Business
Transom Capital Group, a leading operations-focused middle market private equity firm, acquired Wolters Kluwer’s Legal & Regulatory U.S. Legal Education business, and the business has been renamed to Aspen Publishing (“Aspen” or the “Company”), a premium brand in legal education content and digital...
Great Rock Capital Upsizes Mersino Management Credit Facility to $50MM
Great Rock Capital expanded its senior secured credit facility for Mersino Management, providing an additional $10.0 million of borrowing capacity. Mersino is a leading provider of pumping and dewatering services. The increased borrowing capacity provides Mersino with additional liquidity and...
Amerisource Closes $1MM Credit Facility for Environmental Services Firm
Amerisource Business Capital announced the closing and funding of a $1,000,000 senior credit facility for an Oklahoma-based environmental compliance firm serving diverse industries such as agriculture, oil and gas, mining and municipalities. Following an increase in demand, the proceeds were used to...
Inflation Worries Drive Down Outlook on U.S. Economy, AICPA Survey
Inflation fears and a tough hiring environment continue to drag down optimism in the U.S. economy, according to the fourth-quarter AICPA Economic Outlook Survey. The survey polls chief executive officers, chief financial officers, controllers and other certified public accountants in U.S. companies...
Certificates of Insurance – Not as Valuable as Toilet Paper
Harvey Topitz
Harvey Topitz of RI RMS explains why lenders cannot trust Certificates of Insurance.
11/4/2021 Topic: Risk Management
There is an opportunity for technology-enabled ABL to have a strong 2021.
Factors and asset-based lenders must address the risks of invoice fraud and...
Topic: Technology
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