Huntington Business Credit closed $23,000,000 in new credit facilities with HCI-TSM Holding Corporation on December 23, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing capital expenditure and working capital financing.

William Blair, the premier global boutique with expertise in investment banking, investment management, and private wealth management, has named Stewart Licudi as the firm’s head of European investment banking. Based in London, Licudi will lead William Blair’s investment banking advisory activity in Europe.

Advanced Power announces the closing of a $100 million corporate credit facility to further its corporate goals and company vision of advancing a sustainable, reliable energy future. Advanced Power is an industry-leading developer, manager, and owner of diverse utility-scale energy-infrastructure assets, including renewables, battery energy storage systems (BESS), high-efficiency combined-cycle natural gas turbine (CCGT) facilities and modern peaker units.

the Bank Extraordinary Situation Closing Act, under Financial Code section 1092, empowers the Commissioner of the Department of Financial Protection and Innovation, by proclamation, to authorize state‐chartered banks to close any or all of their offices in affected areas until the Commissioner determines the extraordinary situation has ended, or until the officers of the bank determine that one or more offices should reopen.

Expansion Capital Group (ECG), a leading provider of working capital solutions for small businesses, proudly announces the successful closing of a $100 million credit facility. This achievement reinforces ECG’s dedication to empowering small businesses nationwide by delivering fast and dependable access to capital.

SLR Equipment Finance (SLR EQF) is pleased to announce Donna Alexander has joined our company as a Senior Vice President, Direct Sales. In her role, Donna will help grow SLR Equipment Finance’s leasing and lending activities in the central region of the U.S. Donna began her career with General Electric Capital Corporation.

ACON Investments, L.L.C. and its affiliates (“ACON”) today announced the acquisition of a controlling stake in True Religion (“True Religion” or the “Company”), a lifestyle, apparel and accessories brand known for its quality craftsmanship, unique designs and premium stitching. Financial terms of the transaction were not disclosed.

SSG Capital Advisors, LLC (“SSG”) served as the investment banker to Fluid Market, Inc., and its affiliates d/b/a Fluid Truck Inc. (collectively “Fluid” or the “Company”) in the sale of substantially all assets to Kingbee Rentals, LLC (“Kingbee”). The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the District of Delaware and closed in December 2024.

Naber and Susan Lanz within its Asset-based Lending (ABL) team. These promotions recognize their significant contributions and leadership abilities, reinforcing the bank’s commitment to helping clients reach ambitious possibilities.

Blank Rome LLP is pleased to announce that Stephen “Steve” C. Koval has joined the firm’s New York office as a partner in the Corporate, M&A, and Securities group. A well-known dealmaker, Steve focuses his practice on structuring and negotiating complex business and private equity (“PE”) transactions, including public and private mergers, acquisitions, divestitures, carveouts, and recapitalizations.

First Citizens Bank today announced that its Healthcare Finance division has provided more than $30 million in financing to Stockdale Capital Partners for its acquisition of medical outpatient buildings in California and Texas.

MONTICELLOAM, LLC (“MonticelloAM”), has announced the closing of a $22 million senior secured working capital facility, complementing the firm’s recent $400 million bridge financing for 29 Southeastern skilled nursing facilities.

Optimism about the dealmaking environment has reached a five-year high, according to Citizens’ 2025 M&A Outlook. The 14th annual survey of 400 leaders at U.S. middle-market companies and private equity firms revealed that 54% of decision-makers believe the current M&A environment is strong.

First Citizens Bank today announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided a $30 million revolving credit facility to Ice Services LLC, a distributor of cellular phones and related wireless items and services.

Ocorian, market leader in asset servicing for private markets and corporate and fiduciary administration, has added Lynne Westbrook as Head of Fund Services Dallas, to the team, as it continues to expand its business in the US.

A Tiger Group live webcast auction on Jan. 16 will feature more than 50 new and late-model trucking assets—both tractor trucks from well-known makers such as International, Peterbilt, Freightliner, Paccar, Kenworth and Daimler, and reefer and dry van trailers from CIMC, Great Dane, Hyundai, Utility and Wabash.

​MidOcean Partners (“MidOcean”), a premier alternative asset manager specializing in middle-market private equity, alternative credit, and structured capital, announced today that it led a $197.5 million structured equity investment in OWN Equipment Fund I LLC, a newly formed special-purpose vehicle.

Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, and BC Partners Credit, today announced a $131 million financing commitment to VertexOne.

Huntington National Bank's commercial banking segment continues to expand its corporate, specialty and government banking business with the addition of two industry verticals: the Financial Institutions Group and the Aerospace & Defense Group.

Winston & Strawn announced today the addition of Juan M. Delgado as a partner in the firm’s growing Miami office. He joins the Transactions Department, where he will focus his practice on advising multinational clients on cross-border transactions throughout Latin America and the United States.