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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Abacus Global Management, a leader in the alternative asset management industry, announced the launch of an asset-based finance ("ABF") strategy within Abacus Asset Group. The strategy will be led by Monty Cook, Head of Private Credit at Abacus and former Head of Asset-Based Finance – North America Lending at Varde Partners, and Elena Plesco, Chief Capital Officer at Abacus and former Co-Head of Specialty Finance at KKR.The ABF strategy will deploy capital into asset-backed investments
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January 07, 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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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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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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