FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Most Popular News

ABL Advisor News


Most Popular News

SSG Capital Advisors (“SSG”) served as the investment banker to Art Supply Enterprises, Inc. d/b/a MacPherson’s Art Supply in the sale of all inventory and intellectual property assets to Blick Art Materials, LLC (“Blick”). The transaction was effectuated pursuant to Article 9 of the Uniform Commercial Code and closed in May 2025.MacPherson’s is the largest provider of art and creative materials in North America. The Company offers a broad product suite sourced from hundreds of vendors worldwide Read Story

Filed Under: Consumer Products
May 19, 2025 @ 08:00 AM

MetLife Investment Management (MIM), the institutional asset management business of MetLife, originated $21.6 billion in private credit transactions in 2024. MIM’s private credit assets under management stood at $129.1 billion as of December 31, 2024.1 MIM’s origination was well diversified across the private credit platform with: $6.8 billion in residential credit, $6.4 billion in corporate debt, $5.6 billion in infrastructure debt, $2.8 billion in asset-based finance transactions. “MIM is a Read Story

Filed Under: Private Credit
May 08, 2025 @ 08:15 AM

The first 100 days of the second Trump administration has undoubtedly delivered a shock to the U.S. economy, but all the policy gyrations are not sufficient to cause a recession by themselves, according to Beacon Economics' latest outlook. Still, the new forecast now includes an increased probability of recession in the next 12 months.Highlights from the latest report: Recession risk rising: Beacon Economics sees a 30% chance of a recession in the next year, lower than the 45% average in the Read Story

Filed Under: Economy
May 12, 2025 @ 07:30 AM

Rite Aid Corporation successfully entered into a series of sale agreements and pharmacy services transition agreements. This includes the rolling transition of pharmacy assets from more than 1,000 store locations across the U.S. to operators including CVS Pharmacy, Walgreens, Albertsons, Kroger, and Giant Eagle, among others, as well as the sale and operation by CVS Pharmacy of many Rite Aid and Bartell Drugs stores located in Washington, Oregon, and Idaho.Importantly, during the transition Read Story

Filed Under: Bankruptcy
May 19, 2025 @ 08:02 AM

BriteCap Financial announced the launch of BriteLine — a next-generation capital solution designed to give entrepreneurs and business owners more control, more flexibility, and more peace of mind. With BriteLine™, business owners no longer need to overborrow or refinance to access additional funds. Instead, eligible customers receive a simple approval that unlocks future access to capital — drawn only when needed, and based on how the business performs. We created BriteLine™ to match how real Read Story

Filed Under: Industry News
May 13, 2025 @ 07:46 AM


2025-05-22 07:47