Ares Management Corporation announced that funds managed by its Credit Group (collectively "Ares") closed approximately $8.8 billion in U.S. direct lending commitments across 70 transactions during the second quarter of 2025 and approximately $46.5 billion in direct lending commitments across 328 transactions in the 12 months ended June 30, 2025. Below is a description of selected transactions that Ares closed during the second quarter of 2025.Applied Adhesives / Bertram CapitalAres served as
Read Story
August 01, 2025 @ 08:15 AM
|
TAB Bank funded growth for 218 companies in Q2 2025 with loans totaling $66 million. Companies signed with TAB Bank for working capital, cash flow management through factoring, equipment purchases and small business lines of credit. Businesses in the manufacturing, transportation, healthcare, food, fintech and toy/game industries selected TAB Bank as their financial partner. Highlights of some of the largest Q2 2025 deals include:
$8 million—A leader in global sourcing, supply chain
Read Story
August 01, 2025 @ 08:10 AM
|
Wells Fargo & Company announced that the Board of Directors of Wells Fargo intends to appoint Charlie Scharf, Chief Executive Officer, Wells Fargo, as Chairman of the Board. When Mr. Scharf becomes Chairman, the Board intends to appoint a Lead Independent Director to support the Board’s continued independent oversight.In addition, the Board awarded Scharf a one-time special equity grant consisting of $30 million in Restricted Share Rights and 1,046,000 Stock Options.These actions reflect the
Read Story
August 01, 2025 @ 08:04 AM
|
SSG Capital Advisors (“SSG”) served as the investment banker to Axiom Real-Time Metrics Inc. (“Axiom” or the “Company”) in the sale of substantially all assets to Sitero Canada Inc. (“Sitero”). The sale was effectuated through a Court-supervised Receivership Proceeding in the Ontario Superior Court of Justice. The transaction closed in July 2025.Founded in 2001 and headquartered in the Canadian province of Ontario, Axiom has delivered powerful, cost-effective eClinical solutions to small and
Read Story
August 01, 2025 @ 08:00 AM
|
Alvarez & Marsal Tax, (A&M Tax), an affiliate of Alvarez & Marsal, appointed Michael Bertolino as its first Global Markets Leader. The newly created role reflects the firm’s commitment to scaling international capabilities, enhancing cross-border collaboration, and delivering seamless solutions to clients worldwide. Bertolino, who joins as Managing Director, will lead efforts to strengthen client engagement across global markets, aligning strategy, talent acquisition, and services to support
Read Story
August 01, 2025 @ 08:00 AM
|
Portage Point Partners announced the launch of its Valuations practice and welcomes Jeremy Glass as Managing Director.Introducing a Valuations practice underscores the Portage Point mission to build a premier, integrated financial and operational advisory platform for the middle market. Accelerated growth in recent years has highlighted the rising demand for valuation services from clients and partners. Formalizing this offering at Portage Point enhances its capacity to deliver comprehensive
Read Story
August 01, 2025 @ 07:58 AM
|
EisnerAmper announced that John Kavanagh has joined the firm as?National Security Director?in its Risk & Compliance Services (RCS) practice. Kavanagh will be a key part of a team that assesses existing clients’ national security agreements and identifies potential streamlining of existing compliance frameworks to reduce compliance costs. He will help clients develop national security strategies as well as negotiate, assess, design, implement, and oversee compliance programs for companies under
Read Story
August 01, 2025 @ 07:50 AM
|
White Oak Real Estate Capital (“WOREC”), an affiliate of White Oak Global Advisors (“White Oak”), provided a $27.2 million senior secured loan to 1784 Holdings LLC, a national self-storage developer and owner specializing in developing, constructing and operating institutional quality self-storage facilities. The financing will be used to support the development of an 87,488 net rentable square feet (NRSF) climate-controlled self-storage facility in Garden Grove, California.Garden Grove is a
Read Story
|
Trinity Capital announced the commitment of $60 million in financing to EarthDaily Analytics, a premier provider of end-to-end Earth observation solutions. EarthDaily delivers daily, high-quality, scientifically calibrated earth observation imagery paired with powerful AI and advanced geospatial analytics solutions to transform how industries and governments monitor critical assets, manage risk, and respond to dynamic environmental conditions. The company recently reached a major milestone
Read Story
|
First Citizens Bank announced that its Energy Finance business acted as co-lead arranger and administrative agent on $238 million in financing on behalf of DSD Renewables (DSD) for a large portfolio of distributed generation solar projects.The DSD portfolio being financed consists of 188 distributed generation solar projects totaling 233 MW of generation capacity in 12 different states and the District of Columbia. Three of the projects are equipped with battery energy storage systems.Joining
Read Story
|
BlueWave, a leading solar and storage developer, owner, and operator in the Northeast U.S., announced two new major financing milestones. With support from parent Axium Infrastructure, the company has secured both a $125 million revolving construction to term loan facility and a $122 million corporate revolving credit facility. As private companies take the reins on moving forward energy independence and resilience needs across the country, this funding will support the development and
Read Story
|
Evolv Technologies Holdings, a leading security technology company pioneering AI-based solutions designed to help create safer experiences, entered into a new $75 million credit facility with MidCap Financial, consisting of a $60 million tranched term loan ($30 million of which was drawn at close with an additional $30 million available to be drawn at the Company’s sole discretion over the next two years) and a $15 million undrawn revolving credit facility. The Company’s agreement includes a
Read Story
|
Kapitus announced the recent closings of several financing transactions, including a $250 million asset-backed securitization and the upsize of its investment-grade corporate note to $95 million. Brean Capital, LLC served as the company’s exclusive financial advisor and sole placement agent in connection with the corporate note transaction.These latest financing transactions mark another milestone in a period of significant growth for the small business financing provider.“We are excited to
Read Story
|
nFusion Capital provided a $750,000 factoring facility to a fast-growing consumer products company specializing in non-toxic, plant-powered home cleaning and fragrance solutions.Founded in 2021 and headquartered in Los Angeles, the Company markets a premium line of cleaning sprays, soaps, detergents, and home scent products. All its products are formulated without harsh chemicals and are safe for both people and the planet. Six of its products are Green Seal-certified, underscoring the Company’s
Read Story
|
PlainsCapital Bank announced that Travis Dibble has joined its Corpus Christi lending team as Assistant Vice President, Commercial Loan Officer. “Travis brings a strong foundation in commercial banking and a thoughtful, client-focused mindset that fits well with our values at PlainsCapital,” said Frank Hastings, Chairman of the Coastal Bend Region. “We’re excited to have him on board and look forward to the impact he’ll make in the Coastal Bend.”Dibble has more than six years of experience in
Read Story
|