First Brands Group, a leading global supplier of aftermarket automotive parts, has received final approval from the U.S. Bankruptcy Court for the Southern District of Texas (the “Court”) for all of its “First Day” motions following its Second Day Hearing held on November 6 and 7, 2025. The Company previously received interim Court approval for all of its First Day motions following its First Day Hearing on October 1, 2025.The Court also granted approval to immediately access the entire $1.1
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November 10, 2025 @ 08:15 AM
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BankUnited has appointed James G. Mackey as the Company’s chief financial officer effective November 10, 2025. Mackey was hired on July 23, 2025, and served as the senior executive vice president of finance from August 15, 2025, to November 10, 2025. Leslie N. Lunak, who served as the chief financial officer of the Company since 2013, will continue with the Company position of executive advisor through January 2026.The Company initially announced the hiring of Mackey in the July 23, 2025
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November 10, 2025 @ 08:10 AM
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eCapital funded a $52 million senior secured accounts receivable revolving line of credit (RLOC) to support a multi-hospital operator in Southern California. The facility provides significant working capital flexibility to strengthen liquidity and support ongoing operations.“As hospitals navigate tightening margins and increasing financial pressure, they need a financial partner who can move decisively,” said Steven Silver, Head of Sales, Asset-based Lending at eCapital. “This transaction
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November 10, 2025 @ 08:00 AM
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AstroNova, a leading innovator in specialized print technology solutions, announced that, on October 31, 2025, it executed an amendment to its existing credit agreement with Bank of America.The amendment modifies the Company’s existing credit agreement to temporarily increase the revolving credit facility to $27.5 million from $25.0 million, extend the maturity of the revolving credit facility until August 2028, and refinance the previous term loans to a new $10 million term loan due in August
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November 10, 2025 @ 07:52 AM
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Monroe Capital led the growth capital investment to support the acquisition of ENTOUCH by Respida Capital.Founded in Dallas, Texas in 2008, ENTOUCH provides energy management as a service and smart building technology. The company’s cloud-based software delivers sustainable solutions that reduce energy usage, drive profitably, and simplify facility management for multisite operators. “We are excited to partner with Monroe Capital again on this investment. The company is well positioned for the
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November 10, 2025 @ 07:41 AM
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Kiwi, a fintech company building AI-powered financial tools for underbanked Latinos in the U.S., secured a $100 million credit facility from Community Investment Management (CIM). This financing follows the company’s $8 million Series A earlier this year and will accelerate its mission of expanding access to responsible credit for underserved Latino communities nationwide.Founded in 2020 by Mariano Sanz and Alexander Schachter, both originally from the Dominican Republic, Kiwi was created to
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November 10, 2025 @ 07:30 AM
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Kapitale, a rapidly growing direct funder serving small businesses across the United States, closed a $25 million credit facility with a fund managed by Pier Asset Management, a private credit investment firm focused on specialty finance. The new facility significantly strengthens Kapitale's balance sheet, bringing its total funding capacity to over $ 50 million, and positions the company to meet record demand for same-day working capital solutions at a time when traditional bank lending
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November 10, 2025 @ 07:14 AM
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The Grant Thornton Advisors platform has announced its intention to expand by adding Grant Thornton Poland — a move that will deepen the platform’s footprint in Europe and signals its continued investment in cross-border professional services. The transaction, backed by an investor group led by New Mountain Capital, will bring Grant Thornton Poland’s more than 1,200 professionals and US$70 million in annual revenue into a platform of 14 firms worldwide, eight of which are based in Europe —
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November 10, 2025 @ 07:00 AM
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Coral Capital Solutions, a provider of financing solutions for small and medium sized enterprises, announced that Tom Siska has joined as Chief Operating Officer. Tom will be managing all aspects of underwriting, portfolio management and operations and will work with sales and strategy to grow the existing business and expand Coral Capital’s product offering.Tom brings more than 40 years of leadership and experience in the private credit market and is recognized as one of the most innovative and
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November 07, 2025 @ 08:15 AM
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Saratoga Investment Corp., a business development company (“BDC”), entered into a new $85 million senior secured revolving credit facility with Valley National Bank as Sole Lead Arranger and Administrativve Agent, together with three additional participating banks. The Valley Facility replaces the Company’s existing $65 million senior secured revolving credit facility with Encina Lender Finance (the “Encina Facility”), previously scheduled to mature in January 2026.The Valley Facility increases
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November 07, 2025 @ 08:10 AM
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SouthStar Capital funded a $14 Million Debtor-in-Possession (DIP) Facility for a leading warehouse-staffing and national logistics company headquartered in Tennessee. The transaction included the buyout of the company’s existing DIP lender, which had reached its maximum exposure. With over $60 Million in annual revenue and a workforce that scales to more than 5,000 employees. The company required immediate access to working capital to sustain payroll, maintain operations, and navigate its
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November 07, 2025 @ 08:05 AM
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CapitalSpring, a leading sector-specialist investment firm focused on franchised and other multi-location businesses, announced a close resulting in more than $505 million of commitments for its seventh flagship investment fund, just two months after launch. The fund, which targets $1 billion in total commitments, has attracted strong early support from existing limited partners, including state and municipal pension plans, endowments, foundations, and family offices. The firm previously held a
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November 07, 2025 @ 07:49 AM
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First Citizens Wealth, the wealth management division of First Citizens Bank, published its "Beyond Wealth" study of business owners and wealthy Americans, finding they are adapting their professional and personal financial planning strategies to navigate today's evolving economic landscape. Despite challenges, optimism and resilience remain high for business owners, with nearly all saying that owning a business is "worth it.""As business owners navigate inflation, market shifts and changing
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November 07, 2025 @ 07:48 AM
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US Capital Global announced the expansion of its Zurich, London, and Dubai offices with four senior appointments: Managing Directors Richie Münch-Jindal, Teddy Carmichael, Zakaria Abdelaziz, and Vice President Najib Sayegh.These seasoned professionals bring decades of expertise across investment banking, private equity, real estate, digital assets, and emerging technologies, strengthening US Capital Global’s ability to deliver tailored financial solutions to clients across Europe, the Middle
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November 07, 2025 @ 07:06 AM
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BRG announced that Alexandra Sawyer has joined the firm’s Financial Institution Advisory practice as a director. Based in Washington, DC, she advises leading financial institutions on change management, risk mitigation, and regulatory challenges.A trusted, client-centric executive, Sawyer brings more than twenty-five years of experience delivering multimillion-dollar consulting engagements, leading high-performing and cross-functional teams, and developing innovative solutions to help banks and
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November 07, 2025 @ 07:00 AM
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