Barclays today announces the appointment of Abhishek Singhal as a Managing Director within Technology Investment Banking focused on the Payments sector. Mr. Singhal will be based in New York and will report to Kristin Roth DeClark, Global Head of Technology Investment Banking.

Star 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 8/31/2024) focused on generating defensive, 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 Lloyd A. Sprung has joined as Senior Advisor.

Building on a strategic long-term growth plan, EverBank Financial Corp (EverBank Holdings), a bank holding company that conducts its banking operations through its wholly owned subsidiary, EverBank, N.A. (EverBank), announced today that it has entered into a stock purchase agreement to acquire Sterling Bank & Trust, FSB, a wholly owned subsidiary of Sterling Bancorp, Inc., and merge it into EverBank.

Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, announced today it has entered into a new five-year $750 million credit facility, with JPMorgan Chase Bank, N.A., as agent, and a syndicate of lenders (the "Credit Facility").

Stonebriar Commercial Finance (“Stonebriar”) today announced the closing of a seven-year $465 million term loan credit facility with Nautical Solutions, L.L.C., a leading provider of offshore supply vessels services primarily to offshore exploration and production companies. Proceeds of the loan were used to refinance Nautical Solutions’ prior indebtedness.

Delta Apparel, Inc., a leading provider of lifestyle apparel, announced that it has retained SB360 Capital Partners as the exclusive liquidation consultant to manage the sale of all remaining inventory, after separate sales of assets relating to the Salt Life and Soffe brands, through a bankruptcy court-approved sale process.

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Point 41 Capital Partners’ acquisitions of Georgia Water & Fire Restoration (“GWFR”) and Property Medics of Georgia (“Property Medics”).

A private-equity backed company headquartered in the Southern U.S., specializing in mission-critical construction, maintenance, and cellular tower upgrade and FTTX infrastructure solutions for the telecommunications industry.

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced that during the third quarter, it has expanded the borrowing capacity for three existing portfolio companies.

Schottenstein affiliates Second Avenue Capital Partners (SACP) and SB360 Capital Partners (SB360), providers of customized solutions for the retail and consumer product sectors, along with Ares Commercial Finance (Ares), are pleased to announce the closing of a $112,000,000 Senior Secured Revolving Credit Facility and Term Loan for Backcountry, the leading, premium specialty retailer of outdoor gear and apparel.

SG Credit Partners, through its Commercial Finance division, is excited to announce its partnership with a multi-generation manufacturer of specialty chemicals. The senior debt investment will provide enhanced liquidity for the company and enable them to continue its mission to be a leader in the global chemical manufacturing industry.

ArentFox Schiff is pleased to announce the addition of partner Scott B. Lepene to its Financial Restructuring & Bankruptcy practice in the firm’s New York office. Scott has nearly two decades of experience handling matters involving insolvency and restructuring, business reorganization litigation, and distressed asset sales.

UMB Bank, n.a., a subsidiary of UMB Financial Corporation (Nasdaq: UMBF), today announces the expansion of its CLO Trustee and Loan Administration team with the hire of Henry Brigham, Willis Hwang and David Knecht.

Third Coast Bank, a wholly owned subsidiary of Third Coast Bancshares, Inc. (NASDAQ: TCBX), is pleased to announce today the successful completion of a New Syndicated Senior Credit Facility led by the Bank's Corporate Banking team.

The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP ("RSM") in partnership with the U.S. Chamber of Commerce, eased slightly to 130.0 in the third quarter from 132.3 in the prior period on a seasonally adjusted basis.

Bryant Park Capital ("BPC") announced today that Deminor Recovery Services ("Deminor"), a leading privately-owned global litigation funder, recently closed on an approximately $100,000,000 committed senior credit facility and asset-backed financing with two leading U.S.-based asset managers focused on the legal assets industry.

AdaptHealth Corp., a national leader in providing patient-centered, healthcare-at-home solutions including home medical equipment, medical supplies, and related services, announced today that it has closed a $950 million senior secured credit facility, consisting of a fully funded $650 million Term Loan A (the “Term Loan”), and a $300 million revolving line of credit (the “Revolver”).

Three Keys Capital Advisors (“Three Keys”) is pleased to announce a new agreement with Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America to source and advise on commercial finance transactions, as well as those in sustainable development and capital raising.

Private equity and venture capital investments in the battery energy storage system, energy management and energy storage sector so far in 2024 have exceeded 2023's levels and are on pace to reach one of the highest annual totals in five years.

Wingspire Capital is pleased to provide $40 million in senior secured financing to a technology firm that provides solutions for mass transportation systems. The transaction includes a $20 million revolver and a $20 million term loan.