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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Webster Bank announced that Michael Goletz has joined the bank’s Asset Based Lending (ABL) division as Managing Director, ABL Originations. He will report to David Viggiano, Senior Managing Director, National Sales Leader ABL at Webster. Based in Indianapolis, Goletz will be responsible for originating and structuring new asset-based credit facilities across the Midwest, with a focus on middle-market companies seeking working capital, growth, or acquisition financing. In this role, he will lead
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SSG Capital Advisors (“SSG”) served as the investment banker to Brightmark Plastics Renewal LLC and certain affiliates (collectively, “Brightmark Indiana” or the “Company”) in the sale of substantially all assets to Brightmark Plastics Ashley HoldCo LLC (“Brightmark Parent”). The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the District of Delaware. The transaction closed in May 2025.Brightmark Indiana owned and operated the Ashley Circularity
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Yext, a leading digital presence platform for multi-location brands, closed a $200 million senior secured term loan facility with funds and accounts managed by BlackRock, providing the company with enhanced flexibility to support its growth initiatives and strategic objectives.Proceeds of the facility will be used to support growth initiatives and pursue strategic acquisitions. This transaction replaces Yext’s revolving credit facility with Silicon Valley Bank, which was set to expire at the end
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INNOVATE Corp. announced that DBM Global (“DBMG”), entered into an amended and restated credit agreement that provides for an $85 million term loan and a $135 million revolving credit facility, which will be used to fully repay DBMG’s existing debt obligations and provide additional working capital capacity. The Credit Facility from a syndicate led by UMB Bank provides for senior secured debt in the total amount of $220 million and is set to mature on May 20, 2030. The facility also contains an
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Aequum Capital closed a $35 million senior secured revolving line of credit to a Midwest-based commodity distribution company specializing in value-added mixing, blending, and recycling services. The facility will enhance liquidity and provide meaningful operating flexibility as the Company executes its turnaround strategy following a challenging period driven by broader macroeconomic headwinds.This transaction underscores Aequum's ability to think creatively and act decisively in complex credit
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Gordon Brothers and Nations Capital, a Gordon Brothers Company, are offering for sale by private treaty all the machinery and inventory related to Nikola Corporation's hydrogen business. The U.S.-based transportation company’s hydrogen business includes hydrogen-powered Class 8 trucks, machinery and equipment for fuel cell electric vehicles and the development of hydrogen fueling infrastructure to support zero-emissions trucking, and other finished goods and inventory. The assets at Nikola’s
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Figure Technology Solutions (“Figure”), a technology platform building the blockchain-based capital markets of the future, has entered into a financing agreement with Victory Park Capital (“VPC”), a leading global alternative investment firm specializing in private credit. The transaction includes the sale of Figure’s first – and the industry’s first – pool of Crypto-Backed Loans. This milestone accelerates Figure’s Crypto-Backed Loan business, which enables asset owners to borrow against
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