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  • SFNet New Member Spotlight: Allianz Trade
    August 9, 2024
    Allianz Trade North America is the oldest and largest provider of trade credit insurance. We offer both domestic and export credit insurance policies that ensure clients against commercial and political risk in more than 200 countries worldwide. Allianz Trade is rated A+ (Superior) by A.M. Best and AA by Standard & Poor’s.
  • Arrowhead Pharmaceuticals Announces $500 Million Strategic Financing Facility with Sixth Street
    August 8, 2024
    Arrowhead Pharmaceuticals, Inc. (NASDAQ: ARWR) today announced that it has entered into a strategic financing agreement with Sixth Street for significant, long-term, non-dilutive capital to fund innovation and growth opportunities across Arrowhead’s robust and diverse pipeline of RNAi therapeutics.
  • CohnReznick Earns Three Global M&A Network Awards
    August 8, 2024
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Global M&A Network has recognized its Transaction Advisory team with three awards.
  • Diebold Nixdorf Names Two New Independent Directors to its Board
    August 8, 2024
    Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, today announced that Maura A. Markus and Dr. Colin J. Parris have joined the company's board of directors.
  • TriplePoint Venture Growth BDC Corp. Renews Revolving Credit Facility
    August 8, 2024
    TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), the leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced it has entered into an amendment to its revolving credit facility (“Credit Facility”) to, among other things, extend the revolving period from August 31, 2024 to November 30, 2025 and the scheduled maturity date from November 30, 2025 to May 30, 2027.
  • Arijit Roy Appointed to U.S. Bank Managing Committee
    August 8, 2024
    U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, announced today that Arijit Roy will become the newest member of its Managing Committee, a group of 16 executives with various responsibilities for the organization’s revenue lines, enabling functions and independent risk teams.
  • Allegro Microsystems Secures $400 Million Term Loan Deal
    August 8, 2024
    In a strategic financial move, Allegro Microsystems, Inc. (NASDAQ:ALGM) has entered into a significant amendment to its existing credit agreement, securing a new $400 million tranche of term loans. This financial maneuver, which took place on Monday, was detailed in a recent 8-K filing with the Securities and Exchange Commission.
  • CIT Northbridge Credit Provides $45 Million to MacPherson's
    August 8, 2024
    First Citizens Bank today announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, provided a $45 million revolving credit facility to creative materials distributor, MacPherson's.
  • TAB Bank Welcomes Tami Fisher as New Chief Information Officer
    August 8, 2024
    TAB Bank announces the appointment of Tami Fisher as its new Chief Information Officer (CIO). She joins TAB Bank with nearly two decades of extensive experience developing and executing enterprise strategies to optimize operations and technology outcomes.
  • Monroe Capital Leads ~$300mm Asset-Based Financing to Triad Financial Services, Inc.
    August 8, 2024
    Monroe Capital LLC (“Monroe”), on behalf of its investment funds, has announced it has established a partnership with Triad Financial Services, Inc. (“Triad”) to originate and purchase commercial Community Rental loans made to manufactured home community owners. The initial pool is expected to be ~$300 million.
  • Gordon Brothers Launches Real Estate Services Practice in EMEA
    August 8, 2024
    Ben Lovell, Senior Director, Real Estate, EMEA has joined Gordon Brothers to lead the growth of the Real Estate Services practice in the region. Lovell is joined by Daniel Smith, Director, Real Estate, EMEA and Richard Maden, Director, Real Estate, EMEA.
  • Midwestern Technology Company Strengthens Their Business with a $3,500,000 Facility from Prestige Capital
    August 7, 2024
    A venture capital-backed Midwestern technology company specializing in worker verification services secured a $3.5 million financing facility from Prestige Capital to fulfill a new government contract and drive growth beyond its existing funding source.
  • CapitalPlus Financial Services Facilitates $350,000 in Factoring for a Georgia-based Roofing Contractor
    August 7, 2024
    CapitalPlus Financial Services, known for its tailored working capital solutions for construction, has announced the successful funding of a $350,000 working capital facility for an Atlanta-based roofing contractor. This strategic financial solution enables the contractor to expand their business by taking on more significant commercial projects.
  • Benoit Geurts Joins Gordon Brothers as Managing Director, Intellectual Property, EMEA
    August 7, 2024
    Benoit Geurts has joined Gordon Brothers, the global asset experts, as Managing Director, Intellectual Property, EMEA. In this role, Geurts partners with the firm’s corporate recovery and global valuations teams to provide valuation, advisory and monetisation services for intellectual property (IP) assets to support businesses and their advisors in restructuring and recovery situations across Europe, the Middle East and Africa.
  • eCapital Welcomes Matthew Tobin as SVP, Business Development Officer, to Drive West Coast Growth
    August 7, 2024
    eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, has appointed Matthew Tobin as SVP, Business Development Officer within its ABL Group.
  • Hilco Real Estate Announces Major Expansion in Receivership Services
    August 7, 2024
    Hilco Real Estate (HRE) is announcing the significant expansion of its Real Estate receivership practice. The arrival of Matthew Mason as Senior Vice President marks a pivotal moment in this expansion, promising exciting growth and enhanced capabilities for HRE.
  • US Capital Global Expands New York Office with New Vice President, Michael Cacciaguida
    August 7, 2024
    US Capital Global, a premier global private financial group serving the middle market, is pleased to announce the appointment of Michael Cacciaguida as Vice President at its New York City office. Mr. Cacciaguida brings over 30 years of expertise in sponsor and institutional financing solutions.
  • SunPower Files for Bankruptcy Protection, Agrees to Sell Some Assets for $45 Million
    August 7, 2024
    Solar firm SunPower (SPWR.O), opens new tab said it had filed for Chapter 11 bankruptcy protection in the United States and agreed to sell some of its business to Complete Solaria (CSLR.O), opens new tab for $45 million in cash.
  • CIBC Innovation Banking Provides Growth Capital to Andgo
    August 7, 2024
    CIBC Innovation Banking announced today that it has provided growth financing to Andgo Systems Inc., a market leader in workflow automation solutions for dynamic absence onboarding, shift filling, and vacation mapping in complex, high volume industries. The company will use the financing to further fuel its accelerated expansion across North America.
  • B. Riley Securities Serves as Lead Bookrunner to Atlanticus Holdings Corporation in $60 Million Senior Notes Offering
    August 7, 2024
    B. Riley Securities, Inc. ("B. Riley"), a leading middle market investment bank, is pleased to have served as lead bookrunner to Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus” or the “Company”) in the closing of its $60 Million principal amount of 9.25% Senior Notes due 2029 in previously announced follow-on offering.