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
Read Story
January 20, 2026 @ 08:10 AM
|
Verano Holdings, a leading multi-state cannabis company, announced an amendment to its existing $75,000,000 revolving credit facility agented by Chicago Atlantic Admin initially entered into on September 30, 2025.The revolving credit facility commitment was increased from $75,000,000 to $100,000,000 and the maturity date was extended from September 29, 2028 to February 28, 2029. No additional collateral was pledged by the Company to secure the increased borrowing availability, which is secured
Read Story
January 20, 2026 @ 08:00 AM
|
Clarus Capital closed a $10 million loan facility for a sponsor-backed medical transportation services company. Clarus’ financing proceeds supported the Company in servicing new multi-year contracts across multiple markets. Clarus CEO Steve O’Leary stated, “Our team has an extensive history financing essential use assets for this client over the last decade in both bank and non-bank environments. Our client serves as a key link in the U.S. emergency response network for millions of Americans. We
Read Story
January 20, 2026 @ 07:51 AM
|
Solomon Partners announced that David A. Shiffman has been appointed Head of Investment Banking, a new executive leadership position focused on scaling the firm while preserving its entrepreneurial culture. In his expanded role, Shiffman will work closely with the CEO and Group Heads to accelerate growth through partner recruitment, new business development, and client engagement. He will also oversee the Mergers & Acquisitions and Capital Advisory groups and expand the use of these capabilities
Read Story
January 20, 2026 @ 07:40 AM
|
Citizens Capital Markets & Advisory served as a financial advisor to TruArc Partners on its recent acquisition of Schill Grounds Management from Argonne Capital Group.Established in 2021, TruArc Partners is a middle-market private equity firm that partners with companies across the specialty manufacturing and business services sectors. The firm is backed by a seasoned senior investment team that has led 22 platform investments and over 100 add-on acquisitions since 2005. With significant prior
Read Story
January 20, 2026 @ 07:30 AM
|
CohnReznick announced that Richard Fuchs has rejoined the firm as an audit partner in its Financial Services industry practice. Based in New Jersey, Fuchs has expertise leading assurance engagements for a variety of alternative investment firms including Broker-Dealers, Hedge Funds, Venture Capital, Private Equity, and Special Purpose Acquisition Companies (SPACs). Having also served as Office Managing Partner for a previous firm, Fuchs has deep experience in both operations and management.In
Read Story
January 20, 2026 @ 07:23 AM
|
Verano Holdings, a leading multistate cannabis company, announced an amendment to its existing $75 million revolving credit facility agented by Chicago Atlantic Admin LLC, initially entered into on Sept. 30, 2025.The revolving credit facility commitment was increased from $75 million to $100 million, and the maturity date was extended from Sept. 29, 2028, to Feb. 28, 2029. No additional collateral was pledged by the company to secure the increased borrowing availability, which is secured by
Read Story
January 20, 2026 @ 07:20 AM
|
North Mill Equipment Finance reported $1.8 billion in total originations for 2025, including syndicated volume of $566 million. The record originations resulted in a doubling of assets under management to $2.4 billion.Full-year record originations were driven by a series of targeted strategic actions, including the acquisition of Pawnee Leasing, the purchase of the Midland Equipment Finance portfolio, and the origination and syndication of assets through a joint venture with Oaktree Capital
Read Story
January 20, 2026 @ 07:15 AM
|
Ankura Consulting Group, a global expert services and advisory firm, announced the promotion of 19 professionals to Senior Managing Director, effective January 1, 2026. This record setting class reflects the Firm’s strategic growth and its sustained investment in developing exceptional leaders across its global footprint.Kevin Lavin, CEO of Ankura, commented: “These promotions recognize the substantial contributions these talented professionals have made to our clients and our Firm, as well as
Read Story
January 20, 2026 @ 07:04 AM
|
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
Read Story
January 16, 2026 @ 08:00 AM
|
First Citizens BancShares announced that Lorie K. Rupp intends to retire as Executive Vice President and Chief Risk Officer, following an exemplary 13-year career at the bank and more than 30 years in the financial services industry. BancShares plans for Tom Eklund, current Treasurer and 20-year First Citizens Bank veteran, to succeed Rupp as Chief Risk Officer. Rupp's retirement and Eklund's appointment will be effective June 1, 2026, providing time to ensure a smooth transition.Rupp has served
Read Story
January 16, 2026 @ 07:56 AM
|
Horizon Technology Finance, an affiliate of Monroe Capital, provided a $50 million venture loan facility to Pelthos Therapeutics Inc. (“Pelthos”), with an initial funding of $30 million, and up to $20 million to support future growth.Pelthos is a publicly traded biopharmaceutical company that is licensed to commercialize ZELSUVMI™ (berdazimer) topical gel, an FDA-approved treatment of molluscum contagiosum, a common skin infection characterized by small bumps or lesions. ZELSUVMI delivers nitric
Read Story
January 16, 2026 @ 07:52 AM
|
A new survey from Grant Thornton showed chief financial officers (CFOs) are responding to uncertainty by prioritizing investment in digital tools and automation and strengthening organizational agility to boost efficiency and unlock growth opportunities.According to Grant Thornton’s Q4 2025 CFO survey, which polled over 230 finance leaders, 52% of survey respondents expressed optimism about the U.S. economy. This is nearly identical to the 51% of respondents who were optimistic about the economy
Read Story
January 16, 2026 @ 07:46 AM
|
Chicago Atlantic announced its role as sole arranger and administrative agent in the closing of a $16.5 million senior secured term loan for Ocular Science, Inc., an affiliate of OSRX, Inc. OSRX is a leading provider of compounded ophthalmic medications.Founded in 2015 and guided by a medical advisory board of 31 world leaders in ophthalmology, Ocular Science focuses on the production of paradigm-shifting therapeutic solutions for eye care that are easy to use, cost-effective and promote patient
Read Story
January 16, 2026 @ 07:40 AM
|
Eastern Bank added Jarrad Herzog as a Senior Vice President, Asset-Based Lending Relationship Manager. Herzog brings more than a decade of experience financing middle market companies through a variety of lending solutions, including CommerciaI & Industrial and Asset-Based Lending.“Jarrad is experienced in structuring a range of commercial lending options and excels in identifying the preferable solution to meet a company’s needs, and we are excited to welcome him to Eastern Bank,” said Greg
Read Story
January 16, 2026 @ 07:35 AM
|