Trinity Capital announced the commitment of $45 million in growth capital to Rapid Micro Biosystems ("Rapid Micro"), an innovative life sciences technology company providing mission-critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products. Rapid Micro specializes in automating microbial quality control in mission-critical applications such as environmental monitoring, water testing, sterility testing, and bioburden testing. The
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September 23, 2025 @ 08:15 AM
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Omnicare, a subsidiary of CVS Health announced it has initiated a voluntary court-supervised Chapter 11 process to resolve issues related to its recent litigation in the U.S. District Court for the Southern District of New York. The Company also intends to use this process to address other financial challenges facing the broader long-term care pharmacy industry and to evaluate its restructuring options, including the implementation of a standalone restructuring or sale strategy.Omnicare remains
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September 23, 2025 @ 08:08 AM
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Tradewind Finance announced a $10 million factoring facility for the U.S. subsidiary of one of the world's largest suppliers of vanadium, a critical mineral used in steel manufacturing. The client is using the funding to enhance its working capital, facilitate growth, and improve its operational efficiency.The company's vanadium products are used in a variety of industrial applications including infrastructure, aerospace, energy, and more. The metal is mined in South America and supplied to
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September 23, 2025 @ 08:05 AM
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Axos Bank, the banking subsidiary of Axos Financial, announced the acquisition of 100% of the membership interests in Verdant Commercial Capital, an independent equipment leasing company with approximately $1.1 billion of loans and leases on its balance sheet at Aug. 31, 2025, including approximately $750 million of on-balance sheet securitizations and $350 million of loans and leases.Verdant originates small to mid-ticket leases between $50,000 and $5 million nationwide in six specialized
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September 23, 2025 @ 08:00 AM
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Assembled Brands is celebrating a landmark summer by announcing the successful closing of seven new credit facilities. These strategic partnerships underscore the firm's unique, founder-first approach, providing visionary entrepreneurs with the flexible, non-dilutive financing they need to scale without surrendering control or valuable equity.The deals demonstrate Assembled Brands' ability to power innovation across a diverse portfolio of sectors, showcasing a commitment to providing scalable
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September 23, 2025 @ 07:38 AM
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Moritt Hock & Hamroff welcomed Julia A. DeFazio (Garden City, NY office), Douglas Notaris (Garden City, NY office), Cole Perez-Blanco (Fort Lauderdale, FL office) and Katherine Rodriguez (Fort Lauderdale, FL office) as members of its incoming class of 2025 law school graduates. Julia joins the firm's Condominium and Cooperative Services and Real Estate Practice Groups, Douglas joins the firm's Creditors’ Rights, Restructuring & Bankruptcy and Secured Lending, Equipment & Transportation Finance
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September 23, 2025 @ 07:14 AM
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Sallyport Commercial Finance closed a $2,000,000 Accounts Receivable financing facility for a leading provider of turnkey furniture and fixtures for the education sector. Referred to Sallyport via its parent company, the client came to Sallyport seeking a solution to bridge seasonal cash flow needs and strengthen liquidity. With a growing pipeline of large school district projects, the business needed reliable working capital to cover upfront costs and confidently pursue opportunities that
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September 23, 2025 @ 07:04 AM
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Blue Point Capital Partners announced the successful exit of Stax through a sale to Grant Thornton Advisors, a leading provider of tax and advisory services. The transaction is supported by New Mountain Capital, a premier growth-oriented investment firm with approximately $55 billion in assets under management. Founded as a strategy consulting firm, Stax is recognized for its expertise in commercial due diligence, value creation and exit-planning services. Its clients include private equity
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September 23, 2025 @ 07:00 AM
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Whitestone REIT announced that through its operating partnership, Whitestone REIT Operating Partnership, L.P. (the “Operating Partnership”), it has amended, expanded and extended its $750 million credit facility, comprised of a $375 million revolver and $375 million term loan. The revolver is scheduled to mature in September 2029 with two six-month options to extend the maturity date and the term loan is scheduled to mature in January 2031.The co-lead arrangers and joint-book runners for the
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September 23, 2025 @ 07:00 AM
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On September 17, 2025, Monroe Capital announced that Chairman and CEO Ted Koenig amplified his perspective on Federal Reserve independence and the prudent path for interest-rate adjustments as attention to monetary policy intensifies across markets. Multiple national outlets have sought commentary, reflecting broad demand for clear, apolitical guidance on the outlook.With the Federal Reserve scheduled to issue its policy statement on September 17, 2025, market consensus pointed to a potential
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September 22, 2025 @ 08:05 AM
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eCapital appointed Estevan Ruiz as Head of Credit and Risk for its Transportation division. Ruiz, a seasoned finance professional in commercial and transportation finance, will oversee credit and risk management to support the division’s growth under the leadership of Melissa Forman-Barenblit, President, Head of Transportation Group.“Transportation finance requires deep expertise and the ability to structure solutions that meet the unique needs of carriers, brokers, and operators of all sizes,”
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September 22, 2025 @ 08:00 AM
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Jefferies Financial Group and Sumitomo Mitsui Financial Group, Sumitomo Mitsui Banking Corporation, and SMBC Nikko Securities Inc. (collectively “SMBC Group”) announced they are significantly expanding their Global Strategic Alliance.SMBC Group and Jefferies initially entered into a Strategic Alliance in 2021 to collaborate on future corporate and investment banking business opportunities. In 2023, the Alliance was expanded to enhance collaboration across M&A, equity and debt capital markets
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September 22, 2025 @ 07:55 AM
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Octagon Credit Investors (“Octagon”), a leading credit-focused asset manager, announced the expansion of its private credit platform with the appointment of Sean Sullivan as Managing Director and Head of Private Credit, and Michael Ahrens, who will join the firm on September 22nd as Principal. The formation of a dedicated team represents a significant step in the build-out of Octagon’s Private Credit business, which focuses on senior secured loans to upper middle-market corporate borrowers.“The
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September 22, 2025 @ 07:45 AM
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OneDigital, an insurance brokerage, financial services and workforce consulting firm, announced a majority investment from funds managed by Stone Point Capital and Canada Pension Plan Investment Board (CPP Investments). The transaction values OneDigital in excess of US $7 billion and will support the company's continued growth through a combination of organic expansion and strategic acquisitions. Stone Point Capital and CPP Investments will make this investment through the acquisition of a stake
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September 22, 2025 @ 07:00 AM
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What began as a struggling hotel on one of the busiest tourism corridors in the United States is now on the path to becoming a premier Radisson-flagged destination, thanks to Fifty Stones Capital Group’s successful closing of an $11.8 million loan.In March 2024, a team of four investors purchased the property, then operating under the Grand Magnuson flag, for $6.2 million. Though the hotel’s location in Orlando, Florida, placed it in one of the strongest hospitality markets in the world, the
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September 22, 2025 @ 06:00 AM
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