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Turning Rock Partners Provides Growth Expansion Financing for Hivelocity and Colohouse Merger
April 8, 2024Turning Rock Partners ("TRP" or "Turning Rock"), a private investment firm based in New York, announced the closing of a $70 million expansion financing to support the merger of Hivelocity and Colohouse, a leading provider of colocation, cloud, bare metal, hosting and data services for a diversified set of customers.
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Jefferies (JEF) Deepens Strategic Alliance With SMBC in Canada
April 8, 2024Jefferies Financial Group Inc. JEF announced a deepening of its global strategic alliance with Japan-based SMBC Group. This initiative focuses on enhancing cooperation within the Canadian market regarding corporate and investment banking business opportunities.
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Raven Capital Management Names Dimitri Cohen Chief Investment Officer of Raven Credit
April 8, 2024Raven Capital Management (“Raven”) today announced that Josh Green, President, CEO and Founder of Raven, has appointed Dimitri Cohen to the position of Chief Investment Officer of Raven Credit, effective April 2nd, 2024.
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Aequum Capital Leads $45MM Credit Facility for Midwest Based Manufacturing and Distribution Company
April 8, 2024Aequum Capital is pleased to announce it recently led a $45,000,000 revolving credit facility for a Midwest based manufacturing and distribution company. The Facility will provide increased liquidity to the Company as it continues to execute its acquisition strategy. Helios Strategic Advisors, LLC advised on the transaction.
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Houlihan Lokey Continues Expansion of Private Funds Advisory Capabilities With Senior Hires for U.S. Primary Practice
April 8, 2024Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced an additional expansion of its Private Funds Group (PFG) with the appointment of a team of four managing directors from Greenhill & Co. to significantly strengthen its U.S. Primary practice.
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JPMorgan Picks new Bosses in Banking, Capital Markets After Reshuffle
April 8, 2024JPMorgan Chase (JPM.N), opens new tab reorganized the leadership in its global banking division, installing new leaders in capital markets and investment banking, according to a memo seen by Reuters on Thursday.
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The Hedaya Capital Group Welcomes Louis Barone as Senior Advisor
April 8, 2024The Hedaya Capital Group is pleased to announce that industry veteran Louis G. Barone has joined the Company as Senior Advisor to The Hedaya Capital Group. In this role, he is responsible for leading and executing new business development strategies and growth initiatives, as well as identifying and capitalizing on new markets. He also leverages a vast network of referral relationships to acquire and develop new client relationships.
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99 Cents Only Stores Files for Voluntary Chapter 11 Protection to Facilitate Wind-Down of Business Operations and Pursue Value Maximizing Sale of its Real Estate and Other Assets
April 8, 2024Number Holdings, Inc., the direct parent company of 99 Cents Only Stores LLC (the "Company" or "99 Cents Only Stores") today announced that it has filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code ("Chapter 11") in the United States Bankruptcy Court for the District of Delaware (the "Court") to implement the previously announced orderly wind-down of its business and pursue a value maximizing sale of its real estate and other assets.
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FirstBank Announces New Chief Banking Officer
April 8, 2024FirstBank, one of the largest privately held banks in the nation with a focus on “banking for good,” recently named Adam Sands the Chief Banking Officer (CBO). Sands will assume the majority of the responsibilities formerly held by the company’s President, including supporting the bank’s markets, customers, loan and deposit production as well as the company’s growth strategy.
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The Promise Homes Company Secures Credit Facility from Leading Global Money Center Bank
April 4, 2024The Promise Homes Company, one of the largest minority-led managers of institutional-quality, single-family residential rental homes in the United States, announced today that it has closed on a revolving credit facility from a leading global money-center bank.
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Wolters Kluwer launches AI-powered OneSumX® Reg Manager to Enhance Regulatory Change Management
April 4, 2024Wolters Kluwer Compliance Solutions has launched OneSumX® Reg Manager to help U.S. community banks and credit unions enhance their regulatory change management efforts. This artificial intelligence (AI)-powered solution represents the latest addition to the Compliance Solutions OneSumX portfolio suite, a trusted product line designed to help financial institutions across the U.S. more effectively navigate regulatory change.
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First Business Bank Awarded 2024 Top Workplaces USA Honor For Third Consecutive Year
April 4, 2024First Business Bank announces it earned the 2024 Top Workplaces USA award from Energage, the third year in a row the bank received prestigious national recognition powered by employee input.
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MidCap Business Credit LLC Completes $15 Million Asset-Based Credit Facility to Plastic Suppliers, Inc.
April 4, 2024MidCap Business Credit LLC announced today that it has completed a $15 million asset-based credit facility to Plastic Suppliers, Inc. The business was established in 1949 and is headquartered in Columbus, Ohio. The company manufactures thin-gauge bio based and petrochemical based films for a wide range of Consumer Packaged Goods market segments and applications.
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Tradecycle Capital Delivers a New Accounts Payable Finance Facility for a Top Auto Parts Distributor
April 4, 2024Tradecycle Capital, an Indianapolis-based trade finance provider, announced it funded a new $2,500,000 revolving accounts payable funding facility for a value-added distributor of fluid power valves and hoses with two distinct business channels, commercial & Department of Defense.
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Jalan to Lead CohnReznick’s Global Offices
April 4, 2024CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Ashish Jalan has joined the firm as President–Global Operations effective April 1, 2024. In this newly created role, Jalan will oversee the resource management, talent development, operational effectiveness, and client service initiatives that will drive the firm’s ongoing offshore expansion.
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Peapack Private Hires Joanne Gagliardi, Senior Managing Director
April 4, 2024Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce that Joanne Gagliardi has joined its commercial banking team as a Senior Managing Director.
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Alvarez & Marsal’s Healthcare Industry Group Expands Expertise Appointing Mallory Van Horn as Managing Director
April 4, 2024Leading global professional services firm Alvarez & Marsal (A&M) announced the appointment of Mallory Van Horn as a Managing Director within the firm’s Healthcare Industry Group’s Health Plans and Managed Care practice. Ms. Van Horn’s hire represents the next phase of the group’s growth strategy, following on the recent appointment of Managing Director and Health Plans and Managed Care Practice Leader, Craig Savage.
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TAB Bank Provides Packaging Company in Georgia with a $5 Million Credit Facility
April 4, 2024TAB Bank is pleased to announce it has provided a Georgia-based packaging company with a $5 million credit facility that spans multiple years. The facility will provide for the company’s ongoing working capital needs as well as fund growth opportunities.
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BC Partners Credit and Riddell Team-up on Strategic Investment to Fuel Future Growth
April 4, 2024BC Partners Credit, the credit arm of BC Partners, a leading alternative asset management firm, and Riddell, Inc., the industry leader in football helmet technology and sports protection innovation, today announced a strategic partnership that will further advance Riddell's central role in the game of football into the future.
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CIBC Innovation Banking Provides Growth Capital Financing to CertifID
April 4, 2024CIBC Innovation Banking announced today that it has provided growth financing for wire fraud protection company CertifID, which will use the financing to further expand its portfolio of wire fraud prevention services.
-
Turning Rock Partners Provides Growth Expansion Financing for Hivelocity and Colohouse Merger
April 8, 2024Turning Rock Partners ("TRP" or "Turning Rock"), a private investment firm based in New York, announced the closing of a $70 million expansion financing to support the merger of Hivelocity and Colohouse, a leading provider of colocation, cloud, bare metal, hosting and data services for a diversified set of customers.
-
Jefferies (JEF) Deepens Strategic Alliance With SMBC in Canada
April 8, 2024Jefferies Financial Group Inc. JEF announced a deepening of its global strategic alliance with Japan-based SMBC Group. This initiative focuses on enhancing cooperation within the Canadian market regarding corporate and investment banking business opportunities.
-
Raven Capital Management Names Dimitri Cohen Chief Investment Officer of Raven Credit
April 8, 2024Raven Capital Management (“Raven”) today announced that Josh Green, President, CEO and Founder of Raven, has appointed Dimitri Cohen to the position of Chief Investment Officer of Raven Credit, effective April 2nd, 2024.
-
Aequum Capital Leads $45MM Credit Facility for Midwest Based Manufacturing and Distribution Company
April 8, 2024Aequum Capital is pleased to announce it recently led a $45,000,000 revolving credit facility for a Midwest based manufacturing and distribution company. The Facility will provide increased liquidity to the Company as it continues to execute its acquisition strategy. Helios Strategic Advisors, LLC advised on the transaction.
-
Houlihan Lokey Continues Expansion of Private Funds Advisory Capabilities With Senior Hires for U.S. Primary Practice
April 8, 2024Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced an additional expansion of its Private Funds Group (PFG) with the appointment of a team of four managing directors from Greenhill & Co. to significantly strengthen its U.S. Primary practice.
-
JPMorgan Picks new Bosses in Banking, Capital Markets After Reshuffle
April 8, 2024JPMorgan Chase (JPM.N), opens new tab reorganized the leadership in its global banking division, installing new leaders in capital markets and investment banking, according to a memo seen by Reuters on Thursday.
-
The Hedaya Capital Group Welcomes Louis Barone as Senior Advisor
April 8, 2024The Hedaya Capital Group is pleased to announce that industry veteran Louis G. Barone has joined the Company as Senior Advisor to The Hedaya Capital Group. In this role, he is responsible for leading and executing new business development strategies and growth initiatives, as well as identifying and capitalizing on new markets. He also leverages a vast network of referral relationships to acquire and develop new client relationships.
-
99 Cents Only Stores Files for Voluntary Chapter 11 Protection to Facilitate Wind-Down of Business Operations and Pursue Value Maximizing Sale of its Real Estate and Other Assets
April 8, 2024Number Holdings, Inc., the direct parent company of 99 Cents Only Stores LLC (the "Company" or "99 Cents Only Stores") today announced that it has filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code ("Chapter 11") in the United States Bankruptcy Court for the District of Delaware (the "Court") to implement the previously announced orderly wind-down of its business and pursue a value maximizing sale of its real estate and other assets.
-
FirstBank Announces New Chief Banking Officer
April 8, 2024FirstBank, one of the largest privately held banks in the nation with a focus on “banking for good,” recently named Adam Sands the Chief Banking Officer (CBO). Sands will assume the majority of the responsibilities formerly held by the company’s President, including supporting the bank’s markets, customers, loan and deposit production as well as the company’s growth strategy.
-
The Promise Homes Company Secures Credit Facility from Leading Global Money Center Bank
April 4, 2024The Promise Homes Company, one of the largest minority-led managers of institutional-quality, single-family residential rental homes in the United States, announced today that it has closed on a revolving credit facility from a leading global money-center bank.
-
Wolters Kluwer launches AI-powered OneSumX® Reg Manager to Enhance Regulatory Change Management
April 4, 2024Wolters Kluwer Compliance Solutions has launched OneSumX® Reg Manager to help U.S. community banks and credit unions enhance their regulatory change management efforts. This artificial intelligence (AI)-powered solution represents the latest addition to the Compliance Solutions OneSumX portfolio suite, a trusted product line designed to help financial institutions across the U.S. more effectively navigate regulatory change.
-
First Business Bank Awarded 2024 Top Workplaces USA Honor For Third Consecutive Year
April 4, 2024First Business Bank announces it earned the 2024 Top Workplaces USA award from Energage, the third year in a row the bank received prestigious national recognition powered by employee input.
-
MidCap Business Credit LLC Completes $15 Million Asset-Based Credit Facility to Plastic Suppliers, Inc.
April 4, 2024MidCap Business Credit LLC announced today that it has completed a $15 million asset-based credit facility to Plastic Suppliers, Inc. The business was established in 1949 and is headquartered in Columbus, Ohio. The company manufactures thin-gauge bio based and petrochemical based films for a wide range of Consumer Packaged Goods market segments and applications.
-
Tradecycle Capital Delivers a New Accounts Payable Finance Facility for a Top Auto Parts Distributor
April 4, 2024Tradecycle Capital, an Indianapolis-based trade finance provider, announced it funded a new $2,500,000 revolving accounts payable funding facility for a value-added distributor of fluid power valves and hoses with two distinct business channels, commercial & Department of Defense.
-
Jalan to Lead CohnReznick’s Global Offices
April 4, 2024CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Ashish Jalan has joined the firm as President–Global Operations effective April 1, 2024. In this newly created role, Jalan will oversee the resource management, talent development, operational effectiveness, and client service initiatives that will drive the firm’s ongoing offshore expansion.
-
Peapack Private Hires Joanne Gagliardi, Senior Managing Director
April 4, 2024Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce that Joanne Gagliardi has joined its commercial banking team as a Senior Managing Director.
-
Alvarez & Marsal’s Healthcare Industry Group Expands Expertise Appointing Mallory Van Horn as Managing Director
April 4, 2024Leading global professional services firm Alvarez & Marsal (A&M) announced the appointment of Mallory Van Horn as a Managing Director within the firm’s Healthcare Industry Group’s Health Plans and Managed Care practice. Ms. Van Horn’s hire represents the next phase of the group’s growth strategy, following on the recent appointment of Managing Director and Health Plans and Managed Care Practice Leader, Craig Savage.
-
TAB Bank Provides Packaging Company in Georgia with a $5 Million Credit Facility
April 4, 2024TAB Bank is pleased to announce it has provided a Georgia-based packaging company with a $5 million credit facility that spans multiple years. The facility will provide for the company’s ongoing working capital needs as well as fund growth opportunities.
-
BC Partners Credit and Riddell Team-up on Strategic Investment to Fuel Future Growth
April 4, 2024BC Partners Credit, the credit arm of BC Partners, a leading alternative asset management firm, and Riddell, Inc., the industry leader in football helmet technology and sports protection innovation, today announced a strategic partnership that will further advance Riddell's central role in the game of football into the future.
-
CIBC Innovation Banking Provides Growth Capital Financing to CertifID
April 4, 2024CIBC Innovation Banking announced today that it has provided growth financing for wire fraud protection company CertifID, which will use the financing to further expand its portfolio of wire fraud prevention services.