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Gordon Brothers Offering for Sale by Private Treaty Workboat A.M.S. Swissco and Barge A.M.S. 1806
November 25, 2024Gordon Brothers, the global asset experts, is offering for sale by private treaty two commercial vessels, the A.M.S. Swissco and A.M.S. 1806, presenting a unique opportunity for buyers seeking versatile, robust assets suitable for a range of maritime applications.
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First Foundation Inc. Announces Retirement of CEO Scott F. Kavanaugh and Appointment of Thomas C. Shafer as Successor
November 25, 2024First Foundation Inc. (NYSE: FFWM) (the "Company"), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced the appointment of Thomas C. Shafer as its Chief Executive Officer. Mr. Shafer’s appointment follows the retirement of Scott F. Kavanaugh, who has served the Company as Chief Executive Officer since 2009 and as a member of the Board of Directors since 2007.
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Preeminent Restructuring Partners to Join Latham & Watkins in New York
November 25, 2024The addition of four highly accomplished partners, who have advised clients at the center of the most complex and consequential restructuring matters in the United States, will further strengthen and expand Latham’s market-leading restructuring practice.
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Hearthside Takes Strategic Action to Position Company for Long-Term Growth
November 25, 2024-H-Food Holdings LLC and certain of its affiliates (“Hearthside” or the “Company”), a leading food contract manufacturer, today announced that it has entered into a global Restructuring Support Agreement (“RSA”) with its key stakeholders that will right size the balance sheet, infuse the business with significant equity capital, and position the Company for significant long-term growth.
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Sidley Austin Represents J.S. Held in Acquisition of Luttrell Wegis
November 25, 2024Sidley Austin LLP represented global consulting firm J.S. Held LLC in its acquisition of Luttrell Wegis LLP, a forensic accounting and business valuation firm serving clients throughout California and surrounding states.
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BHI Provides $38.7 Million in Financing to EPIRE for the Construction of One Jones Park, A 75 Unit Multifamily Development at 387 8th Street in Jersey City
November 25, 2024BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, today announced that it has provided $38.7 Million in financing to 387 Eight Holdings LLC, an entity affiliated to development company EPIRE, for the construction of One Jones Park, located at 387 8th Street Jersey City, New Jersey. The building will be a 9-story structure and feature 75 residential units, plus ground and second floor retail.
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Blue Bear Capital Closes Third Fund, Adding $200 Million to Platform for Machine Intelligence Investments into Energy, Infrastructure, and Climate Industries
November 25, 2024Blue Bear Capital, a venture and growth equity firm focused on AI-powered solutions for the world's energy, infrastructure, and climate challenges, today announced the close of its $160M Fund III and additional follow-on vehicles.
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Marathon Asset Management and Webster Bank Provide Senior Secured Financing for Littlejohn’s Acquisition of Sunbelt Modular
November 25, 2024Marathon Asset Management (“Marathon”), a leading global credit manager with more than $23 billion of assets under management, and Webster Bank, N.A. (“Webster Bank”), a leading commercial bank in the Northeast with $79 billion in total assets, are pleased to announce the closing of a senior-secured financing agreement for Sunbelt Modular, Inc. (“Sunbelt” or the “Company”) to support its acquisition by funds advised by Littlejohn & Co., LLC (“Littlejohn”).
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EverBank Expands Commercial Offerings with New Public Finance Business, Led by Trevor Mael
November 25, 2024EverBank, N.A., a national specialty bank serving clients across the United States, today announces an expansion of its commercial banking portfolio with the launch of its Public Finance division. Industry expert Trevor Mael, a proven leader in the public finance space, has been appointed as director to lead the division.
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Pivot Energy Secures Over $450 Million in Major Financing of Distributed Generation Portfolios from First Citizens, ATLAS SP, and HASI
November 25, 2024Pivot Energy ("Pivot"), a leading, national renewable energy provider and independent power producer, announced today two transformational financing arrangements, marking a critical step toward establishing innovative and scalable financing facilities. Pivot has successfully secured a $450 million debt warehouse facility, led by long-time partner, First Citizens Bank, which includes new strategic partner ATLAS SP Partners ("ATLAS"), the warehouse finance and securitized products business majority owned by Apollo funds.
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Gunvor Secures US $2.265 Billion Sustainability-linked, Multi-currency Revolving Credit Facility
November 21, 2024Gunvor Group Ltd (“Gunvor” or the “Group”) has signed a US $2.265 billion sustainability-linked, multi-currency revolving credit facility (“RCF” or “Facility”) in favour of Gunvor International B.V. and Gunvor SA.
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Generate Capital Secures $1.2 Billion Corporate Credit Facilities to Drive Sustainable Infrastructure Growth
November 21, 2024Generate Capital, PBC (“Generate”), a leading sustainable infrastructure investment firm, today announced a $1.2 billion revolving credit facility and term loan to support its mission to become the capital partner for the infrastructure transition.
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Saltire Capital Ltd. Announces Closing of Credit Facility
November 21, 2024Saltire Capital Ltd. is pleased to announce that it has entered into a credit agreement (the "Credit Agreement") with National Bank of Canada ("NBC"), pursuant to which NBC has agreed to provide Saltire with a revolving credit facility in the amounts and on the terms and conditions outlined below (the "Credit Facility").
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RelPro Partners with Propense.ai to Deliver Enriched Data for Accounting and Legal Professionals
November 21, 2024RelPro, the fast-growing business development and relationship management solution for Financial & Professional Services, announced today its latest partnership with Propense.ai, a SaaS platform delivering data-driven insights and service recommendations to professional services firms.
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CohnReznick Expands Philippines Footprint
November 21, 2024CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that, in support of its global workforce strategy, it has substantially increased its operations in the Philippines, through its wholly owned affiliate, CohnReznick Philippines, Inc.
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Hedgeweek Names CohnReznick 2024 Best Audit Firm: Overall
November 21, 2024CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that it has been named Audit Firm of the Year: Overall in Hedgeweek’s 2024 U.S. Awards. The awards were recently announced during a ceremony and networking event held at the Penn Club in New York City.
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Online Auction Features Rental and Production-Ready Audio, Video and Lighting Gear
November 21, 2024Late-model and low-hour gear surplus to the ongoing operations of Greater Than Entertainment (GTE), a full-service audio, video and lighting provider, goes to auction on December 5 in the final Tiger Group AV auction of 2024.
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CapitalPlus Supply Empowers Philadelphia Masonry Contractor with $560,000 in Factoring Facility
November 21, 2024CapitalPlus Financial Services is proud to announce its recent support of a Philadelphia-based masonry contractor with a $560,000 factoring facility. This funding provides critical working capital, enabling the contractor to take on larger, more profitable contracts that were previously out of reach due to restrictive financing options from traditional banks.
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Fifth Third Bank, National Association, Names Matt Nipper as Northern Ohio President
November 21, 2024Fifth Third Bank, National Association, (Nasdaq: FITB) has announced Matt Nipper as Northern Ohio region president. Nipper succeeds Tom Partridge, who is serving as group regional president.
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TerraNova Capital Equities Announces Three Transactions Totaling $45 Million
November 21, 2024TerraNova Structured Finance Group acted as the sole advisor to Danimer Scientific, Inc. (NYSE: DNMR) on a $20 Million revolving credit facility. TerraNova Structured Finance Group acted as the sole advisor to Inuvo, Inc. (NYSE American: INUV) on a $10 Million financing. TerraNova Structured Finance Group acted as sole placement agent for a $15 Million lender finance facility for Flow Capital Corp.
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Gordon Brothers Offering for Sale by Private Treaty Workboat A.M.S. Swissco and Barge A.M.S. 1806
November 25, 2024Gordon Brothers, the global asset experts, is offering for sale by private treaty two commercial vessels, the A.M.S. Swissco and A.M.S. 1806, presenting a unique opportunity for buyers seeking versatile, robust assets suitable for a range of maritime applications.
-
First Foundation Inc. Announces Retirement of CEO Scott F. Kavanaugh and Appointment of Thomas C. Shafer as Successor
November 25, 2024First Foundation Inc. (NYSE: FFWM) (the "Company"), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced the appointment of Thomas C. Shafer as its Chief Executive Officer. Mr. Shafer’s appointment follows the retirement of Scott F. Kavanaugh, who has served the Company as Chief Executive Officer since 2009 and as a member of the Board of Directors since 2007.
-
Preeminent Restructuring Partners to Join Latham & Watkins in New York
November 25, 2024The addition of four highly accomplished partners, who have advised clients at the center of the most complex and consequential restructuring matters in the United States, will further strengthen and expand Latham’s market-leading restructuring practice.
-
Hearthside Takes Strategic Action to Position Company for Long-Term Growth
November 25, 2024-H-Food Holdings LLC and certain of its affiliates (“Hearthside” or the “Company”), a leading food contract manufacturer, today announced that it has entered into a global Restructuring Support Agreement (“RSA”) with its key stakeholders that will right size the balance sheet, infuse the business with significant equity capital, and position the Company for significant long-term growth.
-
Sidley Austin Represents J.S. Held in Acquisition of Luttrell Wegis
November 25, 2024Sidley Austin LLP represented global consulting firm J.S. Held LLC in its acquisition of Luttrell Wegis LLP, a forensic accounting and business valuation firm serving clients throughout California and surrounding states.
-
BHI Provides $38.7 Million in Financing to EPIRE for the Construction of One Jones Park, A 75 Unit Multifamily Development at 387 8th Street in Jersey City
November 25, 2024BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, today announced that it has provided $38.7 Million in financing to 387 Eight Holdings LLC, an entity affiliated to development company EPIRE, for the construction of One Jones Park, located at 387 8th Street Jersey City, New Jersey. The building will be a 9-story structure and feature 75 residential units, plus ground and second floor retail.
-
Blue Bear Capital Closes Third Fund, Adding $200 Million to Platform for Machine Intelligence Investments into Energy, Infrastructure, and Climate Industries
November 25, 2024Blue Bear Capital, a venture and growth equity firm focused on AI-powered solutions for the world's energy, infrastructure, and climate challenges, today announced the close of its $160M Fund III and additional follow-on vehicles.
-
Marathon Asset Management and Webster Bank Provide Senior Secured Financing for Littlejohn’s Acquisition of Sunbelt Modular
November 25, 2024Marathon Asset Management (“Marathon”), a leading global credit manager with more than $23 billion of assets under management, and Webster Bank, N.A. (“Webster Bank”), a leading commercial bank in the Northeast with $79 billion in total assets, are pleased to announce the closing of a senior-secured financing agreement for Sunbelt Modular, Inc. (“Sunbelt” or the “Company”) to support its acquisition by funds advised by Littlejohn & Co., LLC (“Littlejohn”).
-
EverBank Expands Commercial Offerings with New Public Finance Business, Led by Trevor Mael
November 25, 2024EverBank, N.A., a national specialty bank serving clients across the United States, today announces an expansion of its commercial banking portfolio with the launch of its Public Finance division. Industry expert Trevor Mael, a proven leader in the public finance space, has been appointed as director to lead the division.
-
Pivot Energy Secures Over $450 Million in Major Financing of Distributed Generation Portfolios from First Citizens, ATLAS SP, and HASI
November 25, 2024Pivot Energy ("Pivot"), a leading, national renewable energy provider and independent power producer, announced today two transformational financing arrangements, marking a critical step toward establishing innovative and scalable financing facilities. Pivot has successfully secured a $450 million debt warehouse facility, led by long-time partner, First Citizens Bank, which includes new strategic partner ATLAS SP Partners ("ATLAS"), the warehouse finance and securitized products business majority owned by Apollo funds.
-
Gunvor Secures US $2.265 Billion Sustainability-linked, Multi-currency Revolving Credit Facility
November 21, 2024Gunvor Group Ltd (“Gunvor” or the “Group”) has signed a US $2.265 billion sustainability-linked, multi-currency revolving credit facility (“RCF” or “Facility”) in favour of Gunvor International B.V. and Gunvor SA.
-
Generate Capital Secures $1.2 Billion Corporate Credit Facilities to Drive Sustainable Infrastructure Growth
November 21, 2024Generate Capital, PBC (“Generate”), a leading sustainable infrastructure investment firm, today announced a $1.2 billion revolving credit facility and term loan to support its mission to become the capital partner for the infrastructure transition.
-
Saltire Capital Ltd. Announces Closing of Credit Facility
November 21, 2024Saltire Capital Ltd. is pleased to announce that it has entered into a credit agreement (the "Credit Agreement") with National Bank of Canada ("NBC"), pursuant to which NBC has agreed to provide Saltire with a revolving credit facility in the amounts and on the terms and conditions outlined below (the "Credit Facility").
-
RelPro Partners with Propense.ai to Deliver Enriched Data for Accounting and Legal Professionals
November 21, 2024RelPro, the fast-growing business development and relationship management solution for Financial & Professional Services, announced today its latest partnership with Propense.ai, a SaaS platform delivering data-driven insights and service recommendations to professional services firms.
-
CohnReznick Expands Philippines Footprint
November 21, 2024CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that, in support of its global workforce strategy, it has substantially increased its operations in the Philippines, through its wholly owned affiliate, CohnReznick Philippines, Inc.
-
Hedgeweek Names CohnReznick 2024 Best Audit Firm: Overall
November 21, 2024CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that it has been named Audit Firm of the Year: Overall in Hedgeweek’s 2024 U.S. Awards. The awards were recently announced during a ceremony and networking event held at the Penn Club in New York City.
-
Online Auction Features Rental and Production-Ready Audio, Video and Lighting Gear
November 21, 2024Late-model and low-hour gear surplus to the ongoing operations of Greater Than Entertainment (GTE), a full-service audio, video and lighting provider, goes to auction on December 5 in the final Tiger Group AV auction of 2024.
-
CapitalPlus Supply Empowers Philadelphia Masonry Contractor with $560,000 in Factoring Facility
November 21, 2024CapitalPlus Financial Services is proud to announce its recent support of a Philadelphia-based masonry contractor with a $560,000 factoring facility. This funding provides critical working capital, enabling the contractor to take on larger, more profitable contracts that were previously out of reach due to restrictive financing options from traditional banks.
-
Fifth Third Bank, National Association, Names Matt Nipper as Northern Ohio President
November 21, 2024Fifth Third Bank, National Association, (Nasdaq: FITB) has announced Matt Nipper as Northern Ohio region president. Nipper succeeds Tom Partridge, who is serving as group regional president.
-
TerraNova Capital Equities Announces Three Transactions Totaling $45 Million
November 21, 2024TerraNova Structured Finance Group acted as the sole advisor to Danimer Scientific, Inc. (NYSE: DNMR) on a $20 Million revolving credit facility. TerraNova Structured Finance Group acted as the sole advisor to Inuvo, Inc. (NYSE American: INUV) on a $10 Million financing. TerraNova Structured Finance Group acted as sole placement agent for a $15 Million lender finance facility for Flow Capital Corp.
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