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Valley National Bancorp and Bank Leumi Le-Israel Corporation announced today they have entered into a definitive merger agreement whereby Valley will acquire Leumi, the US subsidiary of Bank Leumi Le-Israel B.M., and parent company of Bank Leumi USA... Read Story

Filed Under: Banking News
September 24, 2021 @ 08:00 AM

MidCap Financial in alliance with Apollo Global Management announced the start of a non-exclusive strategic capital relationship with Lafayette Square, an impact investment platform founded by Damien Dwin that is working locally to create an... Read Story

Filed Under: Industry News
September 24, 2021 @ 07:52 AM

B. Riley Financial announced continued growth in its restructuring division with the addition of three new senior executives. John Sordillo, Jeffrey Truitt and Tim Hannon have joined B. Riley Advisory Services and bring several decades of experience... Read Story

September 24, 2021 @ 07:52 AM

AirBoss of America updated its senior secured credit facilities with an expanded syndicate of major banks to increase the available size, extend the maturity date, and provide the Company with improved terms, lower pricing and increased flexibility.... Read Story

Filed Under: Manufacturing
September 24, 2021 @ 07:51 AM

Truist Securities announced that Lorenzo Paoletti has joined the firm as managing director to lead the Biotech investment banking team. Working together with Michael Allwin, who joined Truist Securities in August as managing director, these... Read Story

September 24, 2021 @ 07:50 AM

CCC Intelligent Solutions completed the successful refinancing of its existing secured credit facility with a new credit agreement comprised of an $800 million senior secured term loan facility and a $250 million senior secured revolving credit... Read Story

Filed Under: Technology
September 24, 2021 @ 07:47 AM

Citing a continued uptick in activity, global law firm Greenberg Traurig expanded its global Restructuring & Bankruptcy Practice with the addition of former Dentons partner Brian E. Greer as a shareholder in the firm's New York office.Greer will find... Read Story

September 24, 2021 @ 07:00 AM

SLR Healthcare ABL provided a $2,500,000 asset-based revolving line of credit to a skilled nursing operator.  SLR Healthcare ABL provides asset-based financing solutions to small and mid-size healthcare providers throughout the United States. With... Read Story

Filed Under: Nursing Facilities
September 24, 2021 @ 06:00 AM

According to a recent survey by Grant Thornton LLP, the majority of merger and acquisition (M&A) dealmakers expect a surge in deal volume, especially in the technology, retail, hospitality and insurance industries.For this survey of M&A professionals... Read Story

September 23, 2021 @ 08:04 AM

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Asset-Based Lending team has extended an $8 million credit facility to The Ockers Company, an information... Read Story

Filed Under: Communications
September 23, 2021 @ 07:55 AM