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Week's News

CIBC Innovation Banking provided growth capital financing to ContactMonkey, a portfolio company of Updata Partners. The company will use the financing to continue growing its reach globally and expand product offerings to new and existing customers... Read Story

Filed Under: Technology
May 15, 2025 @ 08:15 AM

Crestline Investors, a global alternative investment manager, announced the final close of Crestline Direct Lending Fund IV (“CDLIV” or the “Fund”), with $3.5 billion of investable capital across the Fund, related vehicles and anticipated... Read Story

Filed Under: Private Credit
May 15, 2025 @ 08:13 AM

Siena Lending Group appointed Andrew Kehoe as Director of Originations. Kehoe will be responsible for expanding Siena’s origination efforts and deepening its coverage across the Mountain West region. Kehoe joins Siena from Edge Capital Lending, LLC... Read Story

May 15, 2025 @ 08:10 AM

24 Hour Fitness, the 40-year leader in health and fitness, announced the successful closing of a $305 million senior secured facility provided by affiliates of The TCW Group.  This transaction marks a significant milestone in the company's ongoing... Read Story

Filed Under: Fitness
May 15, 2025 @ 08:05 AM

Entering 2025 in an already weakened state, newfound economic uncertainty has only added to our expectation of yet another challenging year for for-hire carriers and the commercial vehicle industry, as published in the latest release of the ACT... Read Story

Filed Under: Trucking
May 15, 2025 @ 08:00 AM

TPG Twin Brook recently served as administrative agent on debt financing to support the following transactions: Arsenal Capital Partners’ recapitalization of Polycorp, a leader in the design, manufacture, sale, and distribution of engineered... Read Story

May 15, 2025 @ 07:54 AM

Atlantic Union Bankshares Corp. announced the appointment of Bradley S. Haun as chief risk officer of Atlantic Union and Atlantic Union Bank. Haun succeeds Sherry Williams, who will retire on July 1, 2025. Williams is currently serving in an advisory... Read Story

May 15, 2025 @ 07:39 AM

Star Mountain Capital, a rapidly growing, employee-owned investment firm with over $4 billion in assets under management (AUM), is pleased to announce it has been named one of the Fastest-Growing Private Companies in America by Inc. and one of the... Read Story

Filed Under: Private Credit
May 15, 2025 @ 07:33 AM

Citizens & Northern Corp., headquartered in Wellsboro, Penn., and Susquehanna Community Financial Inc., headquartered in West Milton, Penn., announced that both companies’ boards of directors have unanimously approved an agreement and plan of merger... Read Story

Filed Under: Banking News
May 15, 2025 @ 06:00 AM

Altimmune, a late clinical-stage biopharmaceutical company developing novel peptide-based therapeutics for liver and cardiometabolic diseases, entered into an agreement with Hercules Capital, for up to $100 million in a credit facility, with a $15... Read Story

Filed Under: Biopharmaceuticals
May 14, 2025 @ 08:15 AM