Middle market private companies in the Golub Capital Altman Index grew earnings by 11% during the first two months of the second quarter of 2024. Revenue grew 7% during the same period.

Wells Fargo & Company (NYSE: WFC) today announced that Alexandra Barth has joined the Corporate & Investment Bank (CIB) as co-head of Leveraged Finance within the Banking division. She will co-lead the Leveraged Finance team with Trip Morris.

Naked Wines PLC on Tuesday said it secured a new credit facility as the company also announces plans to recruit a new chief financial officer. The Norwich, England-based online wine retailer said CFO James Crawford has declared his intention to resign and step down from the board later this year in the autumn period.

In an attempt to deal with a heavy debt load and strained cash flow, market research firm Dynata has filed for prepackaged Chapter 11 bankruptcy protection, listing assets and liabilities of at least $1bn each.

ACEN, through its subsidiary ACEN Renewables International Pte. Ltd., has secured a $150 million five-year syndicated green term loan and revolving credit facility. Additionally, this transaction was well-received by a consortium of international financial institutions. The funds from this loan will support ACEN’s presence in the Asia Pacific.

North Dakota-based Epic Companies has filed for bankruptcy. The Minot-based business filed for Chapter 11, which involves the reorganization of debts and assets. The reorganization would allow Epic to continue operating under supervision of the court.

B. Riley Securities, Inc. ("B. Riley"), a leading middle market investment bank, is pleased to have served as exclusive financial advisor to the Special Committee at Via Renewables, Inc. (the "Company") (NASDAQ:VIA) (NASDAQ:VIASP), an independent retail energy services company, in the acquisition of the Company by a corporate entity owned by William Keith Maxwell III, Chief Executive Officer and Chairman of the Board.

Court-ordered sales by Tiger Group and Liquidity Services will feature more than 10,000 items, including drilling and frac equipment, rolling stock, industrial machinery, and more; first two auctions close July 17 and July 25

RelPro, the fast-growing business development and relationship management solution for Financial Services professionals, announced today its latest data integration with Rivel Banking Research, bringing Local Market Research into the RelPro platform. This new integration leverages data from Rivel’s Commercial and Small Business Customer Reports to provide bankers with insights into their customers’ experience as well as competitive benchmarking within their local market.

TAB Bank has extended a $7 million credit facility to a family-owned transportation and brokerage company in the Southeast. The partnership will support the company’s growth and evolving working capital needs.

Hilco Global is pleased to announce the appointment of Ian Fredericks as the new Chief Executive Officer (CEO) of its Consumer - Retail platform, effective July 1, 2024. Mr. Fredericks will oversee Hilco Merchant Resources, Hilco Wholesale Solutions, Restore Capital, Hilco Fixed Asset Recovery, and Restore4Retail.

A new survey from Grant Thornton, one of America’s largest brands for audit, assurance, tax, and advisory services, revealed that chief financial officers (CFOs) are optimistic about the U.S. economy. In fact, at 58%, this is the highest level of optimism since the third quarter of 2021.

Tiger Finance's lending platform continued to grow in the second quarter ended June 30, providing $90 million in financing to retail and other borrowers across North America.

Tiger Finance's lending platform continued to grow in the second quarter ended June 30, providing $90 million in financing to retail and other borrowers across North America.

SLR Credit Solutions (“SLR CS”) announced the closing of a $65 million Senior Credit Facility for Quantcast Corporation (“Quantcast” or the “Company”), a leader in applying artificial intelligence (AI) to programmatic advertising.

Rosenthal & Rosenthal, Inc., the leading factoring, asset based lending, purchase order financing and inventory financing firm in the United States, today announced the completion of two asset-based lending transactions totaling $7.5 million and one collection factoring facility.

J D Factors provided $8,625,000 in new factoring facilities to 37 new clients in the US and Canada during the month of June. Some of these facilities include: a $900,000 factoring facility for a transportation company in Alberta; a $1,000,000 factoring facility for a commercial relocation company in California, a $250,000 factoring facility for a truck repair and parts distribution company in Ontario.

J D Factors provided $8,625,000 in new factoring facilities to 37 new clients in the US and Canada during the month of June. Some of these facilities include: a $900,000 factoring facility for a transportation company in Alberta; a $1,000,000 factoring facility for a commercial relocation company in California, a $250,000 factoring facility for a truck repair and parts distribution company in Ontario.

J D Factors provided $8,625,000 in new factoring facilities to 37 new clients in the US and Canada during the month of June. Some of these facilities include: a $900,000 factoring facility for a transportation company in Alberta; a $1,000,000 factoring facility for a commercial relocation company in California, a $250,000 factoring facility for a truck repair and parts distribution company in Ontario.