-
Big Lots Sale to Nexus Falls Apart, Plans to Close Business
December 23, 2024Bankrupt retailer Big Lots Inc. no longer anticipates it can complete its asset sale to private equity firm Nexus Capital Management LP and will commence the sale of its stores in coming days to protect the value of its real estate.
-
Audax Private Debt Provides Financing to Support Broad Sky Partners’ Acquisition of Frontline Managed Services
December 23, 2024Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support Broad Sky Partners’ investment in Frontline Managed Services (“Frontline” or the “Company”), a provider of white glove Managed IT Services and Revenue Cycle Management solutions to over 800 law firms, including over 50% of the AM Law 200, in addition to hundreds of mid-sized legal firms.
-
KKR Releases 2025 Global Macro Outlook
December 20, 2024KKR, a leading global investment firm, today released its 2025 Global Macro Outlook by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).
-
Riley Permian Announces Credit Facility Extension and Increase in Borrowing Base
December 19, 2024Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company") today announced that it recently completed an amendment to its senior secured revolving credit facility ("Credit Facility").
-
CohnReznick’s Barber Recognized in D CEO’s Dallas 500 List
December 19, 2024CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Mike Barber, Office Managing Partner – Dallas, has been named to D CEO’s Dallas 500 list.
-
Pathward Lends $21.6 Million to Furniture and Lifestyle Goods Manufacturer
December 19, 2024The Commercial Finance division of Pathward®, N.A., announces the closing of a $20 million asset-based revolving loan supported by accounts receivable and inventory and a $1.6 million term loan to Michigan-based company manufacturing lifestyle goods in the recreational pool and indoor/outdoor furniture segments.
-
Pathward Lends $15 Million to Transportation Parts Distributor to Provide Working Capital
December 19, 2024The Commercial Finance division of Pathward®, N.A., today announced a $15 million asset-based revolving line of credit to a transportation parts distributor headquartered in Virginia. The company needed a lender that could provide an increase in liquidity and stability, as they continue to grow.
-
Briar Capital Real Estate Fund Provides $10.8MM Commercial Real Estate loan to an Industrial Tool Supplier
December 19, 2024Briar Capital Real Estate Fund (www.BriarCapital.com) is pleased to announce the closing of a new $10.8MM commercial real estate loan to a 30+ year old industrial tool supplier in Georgia.
-
Siena Lending Group and Great Rock Capital Increase and Extend $130MM Senior Credit Facility to SkyWater Technology
December 19, 2024Siena Lending Group LLC ("Siena") and Great Rock Capital ("Great Rock") closed a $130MM Senior Credit Facility for SkyWater Technology, a U.S.-based semiconductor manufacturer and a DMEA-accredited Category 1A Trusted Supplier.
-
Eversheds Sutherland Announces 2025 Partner & Counsel Class; Including Tax Partner and Counsel
December 19, 2024Eversheds Sutherland that they have elected 10 individuals to partner and promoted 10 individuals to counsel effective January 1, 2025, including Tax Partners and Counsel.
-
BHI Appoints Dana Zeller as Chief Operating Officer
December 19, 2024BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, has appointed Dana Zeller as Chief Operating Officer. Zeller will report directly to CEO, Gil Karni, and join the BHI Senior Management Team.
-
NXT Capital Closes Senior Credit Facility in Support of Broad Sky Partners’ Acquisition of Frontline Managed Services
December 19, 2024NXT Capital announced today that it closed a senior credit facility in support of Broad Sky Partners’ acquisition of Frontline Managed Services. NXT Capital acted as Joint Lead Arranger, Joint Bookrunner, and Administrative Agent on this transaction.
-
Phoenix Management, a Part of J.S. Held Announces Lending Survey in America Results
December 19, 2024Global consulting firm J.S. Held, proudly celebrating 50 transformative years, reveals the "Lending Climate in America" survey results from Phoenix Management, a part of J.S. Held. The fourth quarter survey results highlight concern regarding the impact of the presidential election and the timing and magnitude of future Federal Reserve interest rate reductions.
-
C. Shawn Bookin, Former Managing Director at Guggenheim Partners Joins Star Mountain Capital as Senior Advisor
December 19, 2024tar Mountain Capital, LLC ("Star Mountain"), a specialized investment manager with over $4.0 billion in assets under management (committed capital including debt facilities as of 11/30/2024) focused on generating defensive and premium yield and total returns from the less efficient and resource-intensive market of U.S. private small and medium-sized businesses (the “lower middle-market”), is pleased to announce that C. Shawn Bookin has joined as Senior Advisor.
-
VSS Capital Partners Completes Investment in Lumenci, Inc.
December 19, 2024VSS Capital Partners (“VSS”), a private investment firm investing in the healthcare, education, and business services industries, today announced the completion of a new platform investment in Lumenci, Inc. (“Lumenci” or “the Company”), a full-service intellectual property (“IP”) consulting firm, in association with Century Equity Partners, a Boston-based private equity firm. Financial terms of the private transaction were not disclosed.
-
Colbeck Capital Names Gregory Budetti Head of Business Development
December 19, 2024Colbeck Capital Management (“Colbeck”), a leading middle-market private credit firm focused on strategic lending, today announced that Gregory Budetti, former Director of Capital Partnerships and Investor Relations at Closed Loop Partners, LLC, has joined Colbeck as Head of Business Development.
-
Alvarez & Marsal's Private Equity Performance Improvement Group Bolsters its Transformation Services Offering
December 19, 2024Leading global professional services firm Alvarez & Marsal announces the appointment of Kyle Lemmon as a Managing Director within its Private Equity Performance Improvement (PEPI) group focused on the firm’s Transformation Services offering.
-
BlackRock 2025 Private Markets Outlook: A New Era of Growth
December 19, 2024BlackRock Inc. (NYSE:BLK) today released its annual Private Markets Outlook mapping out how the sector, spanning geographies and asset classes, will evolve in the year ahead. Covering trends in private debt, infrastructure, private equity and real estate, the report helps clients navigate this rapidly growing space.
-
Summit Broadband Secures Additional $100 Million for Florida Expansion
December 19, 2024Summit Broadband, a leading fiber-optics telecommunications provider in Florida, announced the successful closing of an incremental $100 million debt facility and term expansion with Brookfield Asset Management ("Brookfield").
-
Vesta Announces Closing of US$545 Million Global Syndicated Sustainable Credit Facility Including US$200 Million Revolving Credit Facility
December 19, 2024Corporación Inmobiliaria Vesta, S.A.B. de C.V. (“Vesta”) (BMV: Vesta; NYSE: VTMX), a leading industrial real estate company in Mexico, announced today that is has closed the previously announced US $545 million Global Syndicated Sustainable Credit Facility (the "Facility") comprised of a US $345 million term loan available through two tranches, for three and five years, with an 18-month availability period and a US $200 million Revolving Credit Facility, substituting the Company’s prior US $200 million in-place un-drawn Revolving Credit Facility.
-
Big Lots Sale to Nexus Falls Apart, Plans to Close Business
December 23, 2024Bankrupt retailer Big Lots Inc. no longer anticipates it can complete its asset sale to private equity firm Nexus Capital Management LP and will commence the sale of its stores in coming days to protect the value of its real estate.
-
Audax Private Debt Provides Financing to Support Broad Sky Partners’ Acquisition of Frontline Managed Services
December 23, 2024Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support Broad Sky Partners’ investment in Frontline Managed Services (“Frontline” or the “Company”), a provider of white glove Managed IT Services and Revenue Cycle Management solutions to over 800 law firms, including over 50% of the AM Law 200, in addition to hundreds of mid-sized legal firms.
-
KKR Releases 2025 Global Macro Outlook
December 20, 2024KKR, a leading global investment firm, today released its 2025 Global Macro Outlook by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).
-
Riley Permian Announces Credit Facility Extension and Increase in Borrowing Base
December 19, 2024Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company") today announced that it recently completed an amendment to its senior secured revolving credit facility ("Credit Facility").
-
CohnReznick’s Barber Recognized in D CEO’s Dallas 500 List
December 19, 2024CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Mike Barber, Office Managing Partner – Dallas, has been named to D CEO’s Dallas 500 list.
-
Pathward Lends $21.6 Million to Furniture and Lifestyle Goods Manufacturer
December 19, 2024The Commercial Finance division of Pathward®, N.A., announces the closing of a $20 million asset-based revolving loan supported by accounts receivable and inventory and a $1.6 million term loan to Michigan-based company manufacturing lifestyle goods in the recreational pool and indoor/outdoor furniture segments.
-
Pathward Lends $15 Million to Transportation Parts Distributor to Provide Working Capital
December 19, 2024The Commercial Finance division of Pathward®, N.A., today announced a $15 million asset-based revolving line of credit to a transportation parts distributor headquartered in Virginia. The company needed a lender that could provide an increase in liquidity and stability, as they continue to grow.
-
Briar Capital Real Estate Fund Provides $10.8MM Commercial Real Estate loan to an Industrial Tool Supplier
December 19, 2024Briar Capital Real Estate Fund (www.BriarCapital.com) is pleased to announce the closing of a new $10.8MM commercial real estate loan to a 30+ year old industrial tool supplier in Georgia.
-
Siena Lending Group and Great Rock Capital Increase and Extend $130MM Senior Credit Facility to SkyWater Technology
December 19, 2024Siena Lending Group LLC ("Siena") and Great Rock Capital ("Great Rock") closed a $130MM Senior Credit Facility for SkyWater Technology, a U.S.-based semiconductor manufacturer and a DMEA-accredited Category 1A Trusted Supplier.
-
Eversheds Sutherland Announces 2025 Partner & Counsel Class; Including Tax Partner and Counsel
December 19, 2024Eversheds Sutherland that they have elected 10 individuals to partner and promoted 10 individuals to counsel effective January 1, 2025, including Tax Partners and Counsel.
-
BHI Appoints Dana Zeller as Chief Operating Officer
December 19, 2024BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, has appointed Dana Zeller as Chief Operating Officer. Zeller will report directly to CEO, Gil Karni, and join the BHI Senior Management Team.
-
NXT Capital Closes Senior Credit Facility in Support of Broad Sky Partners’ Acquisition of Frontline Managed Services
December 19, 2024NXT Capital announced today that it closed a senior credit facility in support of Broad Sky Partners’ acquisition of Frontline Managed Services. NXT Capital acted as Joint Lead Arranger, Joint Bookrunner, and Administrative Agent on this transaction.
-
Phoenix Management, a Part of J.S. Held Announces Lending Survey in America Results
December 19, 2024Global consulting firm J.S. Held, proudly celebrating 50 transformative years, reveals the "Lending Climate in America" survey results from Phoenix Management, a part of J.S. Held. The fourth quarter survey results highlight concern regarding the impact of the presidential election and the timing and magnitude of future Federal Reserve interest rate reductions.
-
C. Shawn Bookin, Former Managing Director at Guggenheim Partners Joins Star Mountain Capital as Senior Advisor
December 19, 2024tar Mountain Capital, LLC ("Star Mountain"), a specialized investment manager with over $4.0 billion in assets under management (committed capital including debt facilities as of 11/30/2024) focused on generating defensive and premium yield and total returns from the less efficient and resource-intensive market of U.S. private small and medium-sized businesses (the “lower middle-market”), is pleased to announce that C. Shawn Bookin has joined as Senior Advisor.
-
VSS Capital Partners Completes Investment in Lumenci, Inc.
December 19, 2024VSS Capital Partners (“VSS”), a private investment firm investing in the healthcare, education, and business services industries, today announced the completion of a new platform investment in Lumenci, Inc. (“Lumenci” or “the Company”), a full-service intellectual property (“IP”) consulting firm, in association with Century Equity Partners, a Boston-based private equity firm. Financial terms of the private transaction were not disclosed.
-
Colbeck Capital Names Gregory Budetti Head of Business Development
December 19, 2024Colbeck Capital Management (“Colbeck”), a leading middle-market private credit firm focused on strategic lending, today announced that Gregory Budetti, former Director of Capital Partnerships and Investor Relations at Closed Loop Partners, LLC, has joined Colbeck as Head of Business Development.
-
Alvarez & Marsal's Private Equity Performance Improvement Group Bolsters its Transformation Services Offering
December 19, 2024Leading global professional services firm Alvarez & Marsal announces the appointment of Kyle Lemmon as a Managing Director within its Private Equity Performance Improvement (PEPI) group focused on the firm’s Transformation Services offering.
-
BlackRock 2025 Private Markets Outlook: A New Era of Growth
December 19, 2024BlackRock Inc. (NYSE:BLK) today released its annual Private Markets Outlook mapping out how the sector, spanning geographies and asset classes, will evolve in the year ahead. Covering trends in private debt, infrastructure, private equity and real estate, the report helps clients navigate this rapidly growing space.
-
Summit Broadband Secures Additional $100 Million for Florida Expansion
December 19, 2024Summit Broadband, a leading fiber-optics telecommunications provider in Florida, announced the successful closing of an incremental $100 million debt facility and term expansion with Brookfield Asset Management ("Brookfield").
-
Vesta Announces Closing of US$545 Million Global Syndicated Sustainable Credit Facility Including US$200 Million Revolving Credit Facility
December 19, 2024Corporación Inmobiliaria Vesta, S.A.B. de C.V. (“Vesta”) (BMV: Vesta; NYSE: VTMX), a leading industrial real estate company in Mexico, announced today that is has closed the previously announced US $545 million Global Syndicated Sustainable Credit Facility (the "Facility") comprised of a US $345 million term loan available through two tranches, for three and five years, with an 18-month availability period and a US $200 million Revolving Credit Facility, substituting the Company’s prior US $200 million in-place un-drawn Revolving Credit Facility.