B. Riley Securities Holdings announced that its Board of Directors has appointed Jimmy Baker as Chief Executive Officer. Andy Moore, CEO since 2017, will transition from Co-CEO, a role he and Baker have shared since March 2025, and continue as Chairman of BRS, effective January 1, 2026. “I am deeply grateful for Andy’s leadership and dedication over the past two decades. His stewardship has been instrumental to our success, and I expect our firm to continue to benefit from his guidance as
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October 22, 2025 @ 08:15 AM
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SLR Digital Finance (“SLRDF”), closed a new senior secured credit facility for Bent Pixels LLC, a digital media company empowering brands and creators on YouTube, Snap and Instagram. The new facility consists of a revolving line of credit to support Bent Pixels’ working capital needs and the continued growth of the Company.“As our creator media offering keeps growing, having smart partners like SLR at our side is vital,” said Mike Pusateri, Founder & CEO of Bent Pixels. “We’ve known Jeff Austin
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October 22, 2025 @ 08:05 AM
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Trinity Capital announced the commitment of $15 million in growth capital to Kard Financial, Inc., ("Kard"), a commerce media network that helps fintechs and financial institutions drive usage, loyalty, and engagement through merchant-specific rewards. Kard powers next-generation rewards programs through a flexible, API-first platform that enables financial institutions, fintechs, and loyalty programs to build deeply customized rewards ecosystems. By partnering with leading institutions across
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October 22, 2025 @ 08:02 AM
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MidCap Financial provided a $25.0 million senior secured revolving credit facility to Tapestry Management Services, Inc. Proceeds from the credit facility were used to refinance the Company’s existing credit facility and will be used to support ongoing working capital needs.TapestryHealth provides health risk management platforms to assess, monitor, and accelerate clinical care for chronically-ill patients in the U.S.. The Company monitors over 80,000 patients across 1,000 health care facilities
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October 22, 2025 @ 08:00 AM
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Iron Horse Credit (IHC) closed a $5 million asset-based lending facility to an importer and distributor of cayenne pepper mash, a widely utilized base ingredient in the production of hot sauces.“Our client’s story and needs were not only unique, but by endeavoring to understand this industry from the sowing of seeds, to open field planting, and the subsequent fermentation, storage and distribution processes, we developed a solution that truly aligned with the company’s requirements and
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October 22, 2025 @ 07:50 AM
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Amzak Capital Management closed a $200 million warehouse facility with Axos Bank to support the continued expansion of its Multifamily Construction lending platform under Amzak Capital Partners. This is Amzak’s second warehouse facility in this asset space, reinforcing the firm’s commitment to the multifamily sector and ability to scale with leading developers nationwide.Since launching its construction lending platform, Amzak has originated more than $800 million in debt to finance 21
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October 22, 2025 @ 07:45 AM
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Apollo announced that Bert Crouch has been named Partner and Head of Real Estate Equity at Apollo. Crouch will lead Apollo’s real estate equity business, encompassing Bridge Investment Group (“Bridge”), the real estate equity platform company acquired earlier this year, as well as the firm’s existing strategies. Robert Morse, currently serving as Executive Chairman of Bridge, will transition into a Vice Chairman role at Apollo focused on origination along with corporate and client relationships.
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October 22, 2025 @ 07:30 AM
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Fernway Solutions, a fast-growing accounting and advisory firm known for its cross-border expertise and entrepreneurial approach, has joined global business consulting firm EisnerAmper. Founded in 2018 and headquartered in San Francisco, Fernway Solutions has built a reputation for guiding high-growth companies through complex challenges of global expansion, corporate structuring, M&A, tax planning, compliance, and accounting services. With more than 40 professionals across offices in San
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October 22, 2025 @ 07:23 AM
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Neal Gerber Eisenberg (NGE) announced that Joshua M. Altman has joined the firm as a partner in its Restructuring & Insolvency practice group. Altman brings a dynamic blend of legal precision and entrepreneurial insight to NGE. With a career spanning top-tier firms, he has guided clients through complex restructuring matters across the U.S. and internationally. His practice focuses on advising financially distressed companies, boards, sponsors, creditors, and investors on strategic options to
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October 22, 2025 @ 07:00 AM
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Celtic Capital Corporation announced its most recent new client relationship – a Pacific Northwest-based moving, storage, warehousing, and transportation business. This long-time family business was seeking a new line of credit to replace its current bank as due to covenant violations, was being asked out. The Company (potentially selling the business in the near term) was also looking for a lender with flexibility. Celtic Capital provided a $1,000,000 Accounts Receivable Line of Credit to repay
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October 22, 2025 @ 06:00 AM
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Truist Financial Corporation announced the addition of new leaders to its Commercial and Corporate Banking franchise, highlighting Truist's ongoing commitment to delivering industry expertise and expanding its market presence to serve large corporate clients across key sectors, including energy and technology. Jeff Ard joins Truist as Managing Director and Head of Energy and Power Corporate Banking, and Cliff Vaz will serve as Managing Director within the same group. In addition, Veronica
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October 21, 2025 @ 08:15 AM
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SSG Capital Advisors served as the investment banker to Hobie Cat Company II, LLC (Hobie) in the sale of substantially all assets to Bass Pro, LLC (“Bass Pro Shops”). The transaction closed in September 2025.Founded in 1950 by legendary innovator Hobie Alter, Hobie has grown from a surfboard company into an iconic global brand synonymous with adventure on the water. Today, Hobie is recognized worldwide as a premier manufacturer of high-quality kayaks, sailboats, and accessories. With a proven
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October 21, 2025 @ 08:10 AM
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Raymond James is expanding its Investment Banking capabilities by hiring two senior bankers to join its Capital Structure Advisory team. Alex Rohan and Kevin Haggard both join from Stifel-Miller Buckfire as managing directors and are based in New York City. Rohan will also serve as co-head of the group with Geoffrey Richards. The Capital Structure Advisory team is responsible for two Investment Banking products: advising publicly traded, sponsor-backed and privately owned companies and their
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October 21, 2025 @ 08:00 AM
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U.S. regional banks’ recent losses tied to non-bank financial institutions (NBFIs) may signal broader risk from this fast-growing loan segment, Fitch Ratings says. While these cases may be fraud related and idiosyncratic, rapid expansion of NBFI exposures increases the chance that concentrated counterparties, combined with weak underwriting, could pressure bank earnings and sentiment beyond individually affected banks.U.S. bank lending to NBFIs expanded sharply over the last five years, per FDIC
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October 21, 2025 @ 07:57 AM
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Gordon Brothers has acquired the former Heartland Coca-Cola production facility in Lenexa, Kansas. Heartland Coca-Cola has expanded their operations to a larger facility and the production assets and property in Lenexa were no longer required as part of their strategic initiative. The firm provided a single-source solution to purchase the equipment and real estate, offering a fast and efficient solution for Heartland. Gordon Brothers plans to decommission and sell the existing bottling
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October 21, 2025 @ 07:52 AM
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