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Week's News

As part of its continued expansion of its lending business, Gordon Brothers has hired Mark Bohntinsky as Global Head of Credit. Bohntinsky oversees Gordon Brothers’ credit quality, setting portfolio strategy and partnering with key lending... Read Story

May 03, 2024 @ 08:00 AM

Small business filings, captured as subchapter V elections within chapter 11, increased 60 percent to 233 in April 2024 from 146 in April 2023, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data. Commercial... Read Story

Filed Under: Bankruptcy
May 03, 2024 @ 07:59 AM

Christopher J Murphy III, Chairman and CEO of 1st Source Corporation and Chairman of 1st Source Bank announced that as part of 1st Source’s long-term succession planning, the Board of 1st Source promoted Andrea G. Short to President of 1st Source... Read Story

May 03, 2024 @ 07:58 AM

SVB Financial Group entered into a definitive agreement under which a newly created entity affiliated with Pinegrove Capital Partners ("Pinegrove") and backed by permanent capital from Brookfield Asset Management ("Brookfield") and Sequoia Heritage... Read Story

Filed Under: Banking News
May 03, 2024 @ 07:54 AM

EisnerAmper announced that the partners and colleagues of Boston, Massachusetts-based CPA firm Edelstein & Company, LLP, are joining EisnerAmper in a combination expected to close in June 2024.Founded in 1968, Edelstein has 11 partners and a staff of... Read Story

Filed Under: Industry News
May 03, 2024 @ 07:38 AM

Sunflower Bank hired four experienced commercial banking teams in Southern California. Southern California’s commercial banking market will be the largest market for Sunflower Bank and provides an opportunity to continue the expansion of its... Read Story

May 03, 2024 @ 07:35 AM

eCapital Corp. closed a $5 million non-notification ledger line factoring facility for a private equity-backed medical supply company.The client, a Canadian-based medical supply company selling products to the biomedical and pharmaceutical industries... Read Story

Filed Under: Medical
May 03, 2024 @ 07:28 AM

Ann Huynh has joined Getzler Henrich & Associates as a Managing Director and Co-Head of the firm’s Houston office. Huynh has over two decades of expertise in corporate restructuring, energy investment banking, and strategic financial advisory. With a... Read Story

May 03, 2024 @ 07:20 AM

Blank Rome announced that the firm has expanded its national platform with the opening of a new office in Boston, anchored by 13 partners with leading corporate, finance, mergers and acquisitions (“M&A”), tax, litigation, and cannabis practices.... Read Story

May 03, 2024 @ 06:00 AM

Ares Management Corporation announced that funds managed by its Credit Group closed approximately $9.3 billion in U.S. direct lending commitments across 71 transactions during the first quarter of 2024 and approximately $29.6 billion in direct... Read Story

Filed Under: Private Equity
May 02, 2024 @ 08:05 AM