Wingspire Capital upsized a revolving line of credit to $300 million for New APR Energy, LLC (d/b/a APR Energy) in support of growth for the global leader in fast-track power generation solutions.APR Energy owns and operates one of the world’s largest mobile gas turbine fleets, representing 1 GW of generation capacity. The company delivers bridging and permanent power generation to mission-critical customers, including data center operators and utilities. APR will use proceeds of the revolver
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December 22, 2025 @ 08:15 AM
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Walker & Dunlop arranged a $778.6 million construction loan to facilitate the office-to-residential conversion of 111 Wall Street, located along the East River waterfront in Lower Manhattan’s Financial District. The closing of this financing marks the largest single-building office-to-residential conversion loan in New York City history, and the country.The Walker & Dunlop Capital Markets Institutional Advisory Practice arranged the loan on behalf of InterVest capital partners, a global
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December 22, 2025 @ 08:12 AM
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Steward Partners, an employee-owned independent financial services firm specializing in comprehensive wealth management solutions, has raised $475 million in strategic capital from Ares Credit funds ("Ares"), comprising a significant expansion of its lending relationship and a non-controlling minority investment. Ares joins Steward Partners' existing institutional partners, Cynosure Group ("Cynosure") and The Pritzker Organization ("TPO"), in backing the firm. Strategic direction and day-to-day
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December 22, 2025 @ 08:00 AM
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J.Jill successfully completed the refinancing of its existing credit agreement with a new $75 million senior secured five-year term loan facility. The refinancing replaces the Company's previous term loan credit agreement dated April 5, 2023, providing enhanced financial flexibility and improved terms. The facility is provided by an affiliate of Manulife | Comvest Credit Partners, CCP Agency as Administrative Agent, Collateral Agent, and Sole Lead Arranger.“This refinancing demonstrates our
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December 22, 2025 @ 07:45 AM
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A family-owned lumber and building materials company stands tall as one of San Antonio’s most enduring businesses, stretching back to 1933. The company provides everything from high-quality lumber and roofing materials to windows, doors, cabinets, flooring, and hardware, serving generations of builders across the greater San Antonio area.The Situation: Despite generations of hard work and deep roots in the San Antonio community, the company faced increasing financial pressure. Tariffs
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December 22, 2025 @ 07:37 AM
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Lane Four Capital Partners (“Lane Four”), a debt capital markets advisory firm focused on the middle market, announced the completion of approximately $1.6 billion of financings across more than 20 closed mandates over the past 18 months, along with the expansion of its team through the hiring of Taylor Cheatham as Senior Associate and Dhruv Rungta as Associate.Since inception, Lane Four has advised private equity sponsors and their portfolio companies on acquisition financings, refinancings
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December 22, 2025 @ 07:32 AM
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CVB Financial Corp., together with Citizens Business Bank, N.A., and Heritage Commerce Corp. jointly announced that they have entered into a definitive merger agreement. Under the terms of the agreement, Heritage will merge with and into Citizens in an all-stock transaction valued at approximately $811 million, or $13.00 per HTBK share, based on CVBF’s closing stock price on Dec. 16, 2025.The combination results in a top-performing California business bank with approximately $22 billion in
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December 22, 2025 @ 07:32 AM
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Tebra, an all-in-one EHR+ platform trusted by over 140,000 private healthcare providers, closed $250 million in new equity and debt financing to accelerate its R&D in AI and automation.The financing consists primarily of equity capital led by Hildred, as well as a debt facility provided by J.P. Morgan. The round was over-subscribed and included significant participation from existing investors Toba Capital, Transformation Capital, and HLM Venture Partners. This broad syndicate of support
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December 22, 2025 @ 07:14 AM
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Ascend Performance Materials, a leading producer of high-performance and durable engineered materials for everyday essentials and new technologies, completed its financial restructuring process and emergence from Chapter 11 bankruptcy protection. The Company's Plan of Reorganization, confirmed by the U.S. Bankruptcy Court on December 9, 2025, is now effective.Ascend achieved the objectives it set for this process, including reducing its total long-term debt by approximately $1.3 billion
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December 22, 2025 @ 07:00 AM
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According to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report, with one month of data to collect before the book on 2025 is officially closed, it is fair to say that the year was less than stellar.“November’s cancellation rate, as a percentage of backlog, was 2.5%, with data continuing to show elevated cancellations in dry van and tank segments,” said Jennifer McNealy, Director–CV Market Research & Publications at ACT Research. She added, “The largest level of
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December 22, 2025 @ 06:00 AM
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White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors, agented and closed an asset-based revolving credit facility to partially fund the acquisition of Ste. Michelle Wine Estates, by the Wyckoff family, owner of diversified agribusinesses in Washington, Oregon, and Idaho.WOCF acted as the lender in the transaction, structuring the new asset-based credit facility to provide liquidity for the acquisition and give the new ownership the ongoing flexibility and capital
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December 19, 2025 @ 08:15 AM
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TAB Bank closed a $7 million asset-based lending facility, which includes a $2.5 million inventory subline and a $70,000 term loan, for Certified Flux Solutions LLC. The capital provided from this credit facility will allow Certified Flux Solutions to expand its operations, while furthering their core values of honesty, integrity, quality, consistency, and outstanding customer service.Headquartered in Morgantown, Kentucky, Certified Flux Solutions is a specialized manufacturer serving the
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December 19, 2025 @ 08:12 AM
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Pathward has appointed Lawrence (“Larry”) Ridgway as Managing Director, Business Development. In this position, Ridgway is responsible for originating and structuring asset-based transactions to lower and middle-market companies throughout Illinois and the Chicagoland area. “Larry brings a wealth of experience and an established network to Pathward, and we are pleased to welcome him to our team. With his breadth of market knowledge paired with Pathward’s product offerings, we expect him to be
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December 19, 2025 @ 08:10 AM
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Treace Medical Concepts, a medical technology company driving a fundamental shift in the surgical treatment of bunions and related midfoot deformities, entered into a new five year $175 million senior secured loan arrangement with credit funds managed by SLR Capital Partners, consisting of $60 million in term loans funded at close, $65 million of additional term loan availability, and a $50 million revolving credit facility, each subject to certain conditions. Proceeds from the new term loan
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December 19, 2025 @ 08:10 AM
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Service Compression (SC), a leading provider of natural gas compression services to exploration and production companies, announced the successful upsize of its asset-based loan (ABL) credit facility to $400 million, representing a $100 million increase from the prior facility. The upsized facility closed on December 17, 2025, and is led by J.P. Morgan.The expanded facility enhances SC's financial flexibility to support continued fleet growth, invest in next-generation technologies, and meet
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December 19, 2025 @ 07:52 AM
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