SSG Capital Advisors (“SSG”) served as the investment banker to Publishers Clearing House LLC in the sale of substantially all assets to ARB Interactive, Inc. (“ARB Interactive”). The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the Southern District of New York. The transaction closed in July 2025.Publishers Clearing House is a heritage brand that pioneered personalized direct-to-consumer marketing through free-to-play, chance-to-win
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KeyBank has unveiled its latest Middle Market Sentiment Report, offering a deep dive into the perspectives of over 750 senior executives from companies with annual revenues between $10 million and $1 billion. The report provides insights into economic trends, company outlooks, and strategic approaches to AI, technology, capital access and cybersecurity.What's At StakeMiddle market companies are navigating significant economic uncertainty, reminiscent of the challenges posed by the COVID-19
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TAB Bank closed $5 million in financing for Package Steel Systems, consisting of a $3.5 million revolving line of credit and a $1.5 million term loan. The funds will help the steel building manufacturer accelerate growth and maintain its position as the premier builder of metal buildings in the Northeast. The Package Steel story began in 1950 with Leo J. Moroney, a skilled carpenter and builder, founding a residential building business, constructing three modest homes built on empty lots in
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PNC Bank announced a strategic partnership with Coinbase aimed at expanding access to trusted, secure, and innovative digital asset solutions to PNC's banking clients and institutional investors. PNC will also provide select banking services to Coinbase, reflecting both companies' commitment to a more resilient digital financial system.This partnership brings together PNC's legacy of client service and innovation with the institutional-grade infrastructure of Coinbase's Crypto-as-a-Service
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Garrington Capital announced its role as co-agent along with Great Elm Commercial Finance in a USD $12 million equipment financing facility to support the acquisition efforts of a long-standing supplier to the automotive industry based in Ohio, USA.The borrower, a manufacturer specializing in forged steel components, will use the Credit Facility to acquire a complementary business operating in the same sector. With significant unencumbered equipment on hand and substantial real estate backing
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Citizens Capital Markets & Advisory served as the lead financial advisor to Eagle Fire, a provider of fire and life safety (FLS) services to high-complexity end markets across the Southeast, on its sale to Cobepa. Eagle Fire was previously a portfolio company of Rosewood Private Investments, a Dallas-based family office. As part of the transaction, Rosewood will remain invested in the business as a minority shareholder.Eagle Fire, headquartered in Richmond, Va., offers a comprehensive suite of
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Concord, the world’s leading independent music company, has successfully issued $1.765 billion in a series of new five-year, seven-year, and ten-year senior notes. The ten-year tranche was privately placed and represents the longest duration ABS issuance at scale in the music sector. The notes are secured by Concord’s catalog of over 1.3 million music copyrights, featuring the songs and recordings of marquee artists such as The Beatles, Beyonce, Bruno Mars, Carrie Underwood, Creedence Clearwater
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Innovative Solutions & Support (IS&S) entered a new five-year, $100 million committed credit agreement with a lending syndicate led and arranged by JPMorgan Chase Bank. The Credit Agreement replaces the Company's existing $35 million line of credit. Under the terms of the Credit Agreement, the new credit facilities bear interest at Term SOFR plus 175 to 275 basis points, with the applicable margin determined by the Company’s total net leverage ratio, as calculated in accordance with the Credit
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MONTICELLOAM, LLC, a specialized multifamily and seniors housing bridge lending platform, announced the financing of a $217,000,000 floating-rate senior bridge loan to be used for the acquisition and refinance of a New York skilled nursing portfolio. The financing carries a 36-month term and supports the Sponsor, a returning healthcare client of MONTICELLOAM, in acquiring two skilled nursing facilities and refinancing two stabilized facilities. Together, the four properties comprise over 1,000
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Portage Point Partners announced the addition of Robert Albergotti as Managing Director to the Turnaround & Restructuring Services (TRS) practice.Albergotti has spent more than two decades serving as Chief Restructuring Officer, interim CFO and lead advisor on complex Chapter 11 and out-of-court restructurings – ranging from asset divestitures to debt refinancing and DIP financings. He specializes in business planning, financial reporting, treasury management, Chapter 11 administration and
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The Equipment Leasing and Finance Association has released its June CapEx Finance Index showing that equipment demand eased from May to June; likewise, new business fell in June. Highlights include:
FORECAST: The change in new business volumes (NBV) suggests a 4.5% decline in new durable goods orders in June.
Total new business volume was $9.6 billion on a seasonally adjusted basis in June, a decrease of 7.4% from May.
NBV year-to-date contracted by 1.8% relative to the same
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Octus announced its comprehensive recap of the collateralized loan obligation (CLO) market for the first half of 2025. The company also introduces its CLO League Tables with rankings data of top participants across the U.S. and European markets, further enhancing transparency and analytical capabilities for market participants."The first half of 2025 presented a complex and dynamic landscape for the CLO market, highlighted by significant volatility, evolving policy shifts, and strategic global
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Gordon Brothers provided C$30 million to finance the Canadian women’s clothing retailer Northern Reflections’ acquisition of two other Canadian women’s retailers, Cleo and Ricki’s.The firm’s financing, consisting of a C$20 million revolving credit facility and a C$10 million incremental commitment, supported Northern Reflections brand portfolio expansion and will continue to fund future growth under the brand’s new owner Putman Investments.“We're proud to support Northern Reflections’
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5C, a next-generation AI infrastructure and data center solutions provider, secured $835 million of capital to fuel its rapid growth. The funding includes equity financing led by Brookfield Asset Management and debt financing led by Deutsche Bank. Brookfield is investing through its Infrastructure Structured Solutions strategy, alongside affiliated entities. This capital will accelerate the development of 5C's state-of-the-art data centers and scalable AI infrastructure across North America
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Peter Palladino, a leading finance practitioner known for his loan structuring and negotiation, workout and insolvency experience, has joined Holland & Knight as a partner in Boston. Palladino was previously a partner at Choate Hall & Stuart, where he served in various leadership roles.“We are delighted to welcome Pete to our Financial Services Team. His focus on complex leveraged financings, recapitalizations and restructurings and other special situation facilities, along with his reputation
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