Wingspire Capital provided a $35 million senior secured revolving credit facility to Advita Ortho, LLC, a global orthopedic solutions and integrated surgical solutions provider that helps empower surgeons and improve patient outcomes.Proceeds of the revolver will be used for general corporate purposes as Advita expands sales of its portfolio of established product lines including the Equinoxe® Shoulder, Vantage® Ankle, Alteon® Hip, Truliant® Knee, Newton® balancing technology and GPS® navigation
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January 12, 2026 @ 08:15 AM
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Peoples Bancorp announced that Douglas V. Wyatt will retire from his positions with Peoples and its banking subsidiary, Peoples Bank, effective April 3, 2026. Wyatt has served as Executive Vice President, Chief Commercial Banking Officer, of Peoples and Peoples Bank since 2017. With the notification of Mr. Wyatt's retirement, each of the Peoples Board of Directors and the Peoples Bank Board of Directors has appointed Ron J. Majka to serve in the position of Executive Vice President, Chief
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January 20, 2026 @ 08:10 AM
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A joint venture of SB360 Capital Partners, Hilco Global, and Gordon Brothers has received bankruptcy court approval to operate Going Out of Business (GOB) sales in all 89 remaining American Signature Inc. (ASI) stores. ASI is one of the nation’s leading home furnishings retailers, and is the parent company of Value City Furniture (VCF) and American Signature Furniture (ASF). ASI filed petitions for a voluntary Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware in November of
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January 09, 2026 @ 08:07 AM
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Saks Global Holdings LLC, a leading luxury retail company, announced a transformative financial transaction. The Company secured a financing commitment of approximately $1.75 billion, comprising $1.5 billion from an ad hoc group of the Company's senior secured bondholders (the "Ad Hoc Group") and approximately $240 million of incremental liquidity from the Company's asset-based lenders. This financing package will strengthen the Company's balance sheet and position it for a strong and stable
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January 14, 2026 @ 08:15 AM
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Truist Financial Corporation announced that Mark Cuccinello has joined the company as Head of Structured Credit, overseeing Asset-Based Lending, Working Capital Solutions, and Equipment Finance. In this role, Cuccinello will help advance Truist’s structured credit strategy by aligning more closely with the corporate and commercial banking teams to deepen industry relationships and help businesses grow, manage liquidity, and invest in their operations. He will be based in New York and report to
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January 16, 2026 @ 08:00 AM
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