Lincoln International, a global investment banking advisory firm, announced that the Lincoln Private Market Index (LPMI), the only index that tracks changes in the enterprise value of U.S. privately held companies, increased by 2.3% during the first quarter of 2025, driven by steady growth in EBITDA as enterprise value multiples decreased approximately 0.1x since Q4 2024. When comparing the LPMI to the public markets, the LPMI outperformed the S&P 500 in Q1 2025 as the S&P 500 decreased 5.6%
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S&P Global Ratings anticipates further additions to U.S. banks' credit loss allowances in the coming quarters, after only small increases between fourth-quarter 2024 and first-quarter 2025, according to a new report.In S&P's baseline forecast, they project the industry's allowance-to-loans ratio and provisions will rise about 5 basis points and roughly 10%-15% respectively in 2025, reflecting an economic slowdown, but s&P still assumes an industry return on equity of 10.0%-11.0%.If the U.S.
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Huntington Business Credit closed a $12,000,000 new credit facility with Local Crafts Group, LLC on April 4, 2025. Local Crafts Group, LLC is a portfolio company of Cleveland, Ohio headquartered private equity firm, Blue Point Capital Partners. Proceeds of the facility were used to finance an add-on acquisition and provide ongoing working capital financing.Local Crafts Group, LLC, headquartered in Murray, Utah, is an online distributor and wholesaler in the crafts industry specializing in yarn
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May 27, 2025 @ 07:55 AM
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1st Commercial Credit announced the launch of its new Ledger Lines program—providing revolving credit facilities of up to $20 million, backed by receivables and tailored for high-growth businesses.With Ledger Lines, businesses generating at least $3 million in monthly invoices can access up to 90% of receivable value as working capital. The structure avoids traditional debt by documenting the facility as a continuing receivable purchase, providing fast and flexible funding without complex loan
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Alter Domus, a global provider of tech-enabled fund services for the private equity, real assets and private debt sectors, appointed Charlotte Hogg as CEO. After a distinguished career of over 25 years in financial services, across both the public and private sectors, Ms. Hogg joins Alter Domus from mid-summer.Ms. Hogg succeeds Doug Hart who has served as CEO since 2019. Her appointment follows that of Mark Wiseman, the former Global Head of BlackRock's Active Equities business and Chairman of
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Amur Equipment Finance successfully completed its 15th term securitization, in which it issued $329.25 million in notes backed by equipment loans and leases originated through its platform. BMO served as sole structuring agent and lead bookrunner, with Bank of America and Truist serving as joint bookrunners. Moody’s and Fitch rated the transaction.“At Amur, we are anchored to our mission of delivering value to our partners and customers in all markets. It’s why we relentlessly innovate, test and
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Clara Capital Servicing, a provider of alternative financial solutions for small and medium-sized businesses (SMBs), achieved a major growth milestone by surpassing $300 million in SMB funding.In the past year, Clara has strategically expanded its financial infrastructure, operational footprint, sales channels, and technology stack—positioning the company as one of the fastest-growing financial services firms in the U.S.Clara Capital’s 2024-2025 growth highlights include:
$300M+ in capital
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Finley, a leading provider of debt capital software solutions, announced the launch of its enhanced Monthly Servicer Reporting (MSR) capabilities, designed to eliminate the logistical and technological hurdles faced by corporate borrowers, particularly those with warehouse facilities. This new capability directly addresses the most difficult parts of MSR generation and management: collaboration, data management, and knowledge management.According to BNY, the market for private credit has grown
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Debevoise & Plimpton announced the release of its Spring 2025 Private Equity Report. The private equity industry is indeed living through interesting times, as it simultaneously contends with changes at the intersection of trade policy and national security, accelerating AI developments, new Delaware law covering deals with conflicted directors and controlling stockholders, the greater use of continuation vehicles and secondaries, and more. The Spring 2025 Private Equity Review provides an
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May 23, 2025 @ 08:08 AM
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Barnes & Thornburg announced that transactional attorney Brian T. Robertson has joined the Dallas office as a partner in the firm’s Corporate Department. Marking a strong first quarter of growth, Robertson’s addition closely follows the addition of five partners last month across multiple offices and practice groups, further expanding Barnes & Thornburg’s national presence in key markets. “Brian’s arrival strengthens our national private equity and middle-market M&A capabilities at a time when
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Celtic Capital Corporation announced its most recent new client relationship – a Pacific Northwest manufacturer of steel products for various industries.The Company was seeking a new line of credit to replace its current bank line as due to recent losses, its bank asked the Company to find a new lender. Celtic Capital was referred in and provided an Accounts Receivable Line of Credit for $1 million, an Inventory Line of Credit for $250,000 and an Equipment Loan for $482,800, all of which paid
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US Capital Global appointed Erick G. Schenkhuizen as Vice President at its Newport Beach office, marking a significant step in the group’s continued expansion across the West Coast. In his new role, Schenkhuizen will lead the delivery of customized debt and equity financing for middle-market businesses, as well as customized wealth management and investment solutions for high-net-worth individuals, affluent families, and independent RIAs in the U.S. and globally.US Capital Global is a premier
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Aurora Management Partners announced that Glenn Bartley joined the Firm as a Managing Director effective May 19, 2025. Glenn will be charged with overseeing the firm’s presence in the Ohio and Midwest regions while also providing financial advisory services on the firm’s client engagements.Prior to joining Aurora, Bartley was Senior Vice President and Managing Director of the asset based lending portfolio at Huntington National Bank. Bartley has managed business credit relationships in his 40
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Clifford Chance has appointed Gabriel Cabello as a partner in its global Real Estate team. Gabriel Cabello brings over 20 years of experience advising a diverse range of clients on strategic real estate transactions, thereby strengthening the firm's global Real Estate offering. François Bonteil, Global Head of Real Estate, comments: "Real Estate continues to be a compelling sector for private capital. With Gabrial joining our team, we will enhance our ability to guide clients through the
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Amerisource Business Capital closed and funded a $30,000,000 asset-based lending facility to support the working capital needs of a Southwest-based company specializing in the design, fabrication, and maintenance of midstream energy infrastructure, including treating plants and flowlines. This facility will support the company’s ongoing working capital requirements.Jeff Dunbar, Regional Market Manager at Amerisource, commented: “We are thrilled to provide working capital to help this business
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