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Sean Trahan Joins Alvarez & Marsal Tax as Managing Director, Expanding the Firm's Transfer Pricing Offering
August 26, 2024Alvarez & Marsal Tax, LLC (A&M Tax), an affiliate of leading global professional services firm Alvarez & Marsal (A&M), announced the appointment of Sean Trahan as Managing Director within its Transfer Pricing line of service. Following the hiring of Managing Directors Dan Peters and Matt DeFelice along with Senior Economists Barry Freeman and Clark Chandler, Mr. Trahan’s joining continues the build out of A&M’s global transfer pricing team while underscoring A&M Tax’s strategic international expansion.
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WesBanco Bank Appoints Cris Gossard as Central Ohio Market President
August 26, 2024WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank, has appointed Cris Gossard as Central Ohio (CO) Market President and Senior Commercial Banker. This strategic appointment underscores the bank's commitment to continuing to enhance its market presence and deliver exceptional banking services to the Central Ohio market.
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BGCGW Announces Joint Initiative With CohnReznick on Youth Professional Development
August 26, 2024The Boys & Girls Clubs of Greater Washington (BGCGW) and CohnReznick have announced that they will be working together to provide hands-on professional development learning experiences to BGCGW teens and young adults as they enter the workforce and make crucial decisions about career paths.
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Honigman Adds Angela Johnson Reier to Corporate Department in Chicago
August 26, 2024Honigman LLP announced today that it is growing its Corporate Department with the addition of Angela Johnson Reier as partner in the firm’s Transactions & Counseling Practice Group in Chicago.
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Great Rock Capital Provides $30 Million to a Portfolio Company of Crossplane Capital
August 26, 2024Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the closing of a $30 million revolving credit facility for a specialty rental platform, which is a portfolio company of Crossplane Capital.
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Blank Rome Continues Growth in Boston with Addition of Corporate Partner Fraser Collin
August 26, 2024Blank Rome LLP is pleased to announce that Fraser Collin has joined the firm’s Boston office as a partner in the Corporate, M&A, and Securities group. Fraser will focus his practice on advising clients on mergers and acquisitions (“M&A”), and private equity and venture capital financings, as well as serving as outside general counsel.
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Flow Capital Announces US$15 Million Credit Facility
August 26, 2024Flow Capital Corp. (TSXV: FW) ("Flow Capital" or the "Company"), a leading provider of growth venture debt in the form of senior secured loans to high-growth companies, is pleased to announce that it has entered into a loan agreement (the "Loan Agreement") with TBK Bank, SSB (“Triumph”), for a revolving committed credit facility in the principal amount of up to US$15 million.
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Seylan Bank Relaunches New Factoring Financial Services to Enterprising Businesses
August 26, 2024Seylan Bank has expanded their comprehensive suite of financial services with Seylan Factoring, a means for clients to raise funds by trading outstanding trade receivables. Unlike traditional lending, which may consider a broader range of factors and sources for repayment, factoring is primarily dependent on the receivables' quality and collection for setting up the facility.
-
BriteCap Financial Secures $150M Credit Facility
August 26, 2024BriteCap Financial LLC ("BriteCap"), a data-driven financial services company dedicated to improving the financial health of America's small businesses, today announced the establishment of a new receivable financing facility from funds managed by One William Street Capital Management affiliates ("OWS Funds").
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Pearlmark Announces First Closing of Sixth Mezzanine Fund
August 26, 2024Pearlmark is pleased to announce the first closing of its sixth high-yield credit investment fund, Pearlmark Mezzanine Realty Partners VI, L.P. (“Pearlmark Mezz VI” or the “Fund”). Pearlmark Mezz VI will serve as the firm’s exclusive subordinated debt investment vehicle, fulfilling borrower demand for gap financing solutions on recapitalizations, acquisitions, and development projects.
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Piper Sandler Completes Acquisition of Aviditi Advisors
August 26, 2024Piper Sandler Companies (NYSE: PIPR), a leading investment bank, today announced that it has completed the acquisition of Aviditi Advisors. Aviditi Advisors is a premier alternative investment bank providing full lifecycle services to financial sponsors, global alternative investment managers and limited partner investors.
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IDB Bank Announces Jeremy Cramer as Head of California Commercial Real Estate
August 26, 2024IDB Bank, a New York-based private and commercial bank, announced the appointment of Jeremy Cramer as its new Senior Vice President and Head of California Commercial Real Estate (CRE). In this role, he will lead balance sheet CRE lending across the Bank's west coast operations, overseeing loan originations, asset management, operations and deposit gathering.
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A&O Shearman Expands U.S. Debt Finance Team with Addition of Alyssa Simon, High Yield Partner
August 26, 2024Alyssa was most recently at a leading investment bank in both London and New York where she was an executive director in leveraged finance, originating, structuring and executing large-cap, high-profile transactions for corporate and private capital clients. Her practice focuses on high-yield bond transactions used by private equity-backed issuers in complex domestic and cross-border acquisition financing.
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Accession Risk Management Group Closes $1 Billion Financing to Further Accelerate Growth of Risk Strategies and One80 Intermediaries
August 26, 2024Accession Risk Management Group, the parent company of Risk Strategies and One80 Intermediaries comprising North America’s ninth largest privately held insurance broker, has closed a $1 billion incremental debt raise and refinancing. The funding will further accelerate a remarkable growth trajectory driven by the continued acquisition of leading specialty brokerages and targeted organic expansion.
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Oaktree and AVANA Companies Launch $250 Million Joint Venture
August 26, 2024AVANA Companies, in collaboration with funds managed by Oaktree Capital Management, L.P., has announced the establishment of a $250 million joint venture named the AVANA-Oaktree Private Credit Partnership. This partnership is designed to support AVANA’s direct private commercial real estate lending strategy within the United States over the next three years.
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Development Site Near Hollywood Walk of Fame Now Available
August 22, 2024A&G Real Estate Partners and Onyx Asset Advisors (ONYX) are accepting offers for a nearly 10,000-square-foot development parcel just steps away from the Hollywood Walk of Fame.
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Monroe Capital Supports Huron Capital’s Rampart Exterior Services Add-on Acquisition
August 22, 2024Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Independent Roofing Systems (“Independent”) by Rampart Exterior Services (“Rampart”), a portfolio company of Huron Capital.
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Wynnchurch Capital Announces Two Promotions and Five New Hires
August 22, 2024Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle-market private equity firm, announced today two promotions: Carl Howe: Promoted to Managing Director, Investment Team and Brian Riordan: Promoted to Managing Director, Investment Team
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Ameris Bank Expands Commercial Industry Expertise with Key Hires
August 22, 2024Ameris Bank recently welcomed two commercial banking industry veterans to its well-established team. Bill Kilburg joins Ameris as senior vice president, relationship manager and Patrick Murphy will serve as senior vice president, government relationship manager.
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Wolters Kluwer Earns Top 5 Global Ranking for Excellence in AI Product Innovation
August 22, 2024Wolters Kluwer has achieved a global top five ranking from Chartis Research for excellence in artificial intelligence (AI) innovation in the Chartis RiskTech AI 50 2024 report. The report explores the broad landscape of AI development and adoption in the financial services industry, showcasing the leading work of technology providers in this dynamic and rapidly evolving environment.
-
Sean Trahan Joins Alvarez & Marsal Tax as Managing Director, Expanding the Firm's Transfer Pricing Offering
August 26, 2024Alvarez & Marsal Tax, LLC (A&M Tax), an affiliate of leading global professional services firm Alvarez & Marsal (A&M), announced the appointment of Sean Trahan as Managing Director within its Transfer Pricing line of service. Following the hiring of Managing Directors Dan Peters and Matt DeFelice along with Senior Economists Barry Freeman and Clark Chandler, Mr. Trahan’s joining continues the build out of A&M’s global transfer pricing team while underscoring A&M Tax’s strategic international expansion.
-
WesBanco Bank Appoints Cris Gossard as Central Ohio Market President
August 26, 2024WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank, has appointed Cris Gossard as Central Ohio (CO) Market President and Senior Commercial Banker. This strategic appointment underscores the bank's commitment to continuing to enhance its market presence and deliver exceptional banking services to the Central Ohio market.
-
BGCGW Announces Joint Initiative With CohnReznick on Youth Professional Development
August 26, 2024The Boys & Girls Clubs of Greater Washington (BGCGW) and CohnReznick have announced that they will be working together to provide hands-on professional development learning experiences to BGCGW teens and young adults as they enter the workforce and make crucial decisions about career paths.
-
Honigman Adds Angela Johnson Reier to Corporate Department in Chicago
August 26, 2024Honigman LLP announced today that it is growing its Corporate Department with the addition of Angela Johnson Reier as partner in the firm’s Transactions & Counseling Practice Group in Chicago.
-
Great Rock Capital Provides $30 Million to a Portfolio Company of Crossplane Capital
August 26, 2024Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the closing of a $30 million revolving credit facility for a specialty rental platform, which is a portfolio company of Crossplane Capital.
-
Blank Rome Continues Growth in Boston with Addition of Corporate Partner Fraser Collin
August 26, 2024Blank Rome LLP is pleased to announce that Fraser Collin has joined the firm’s Boston office as a partner in the Corporate, M&A, and Securities group. Fraser will focus his practice on advising clients on mergers and acquisitions (“M&A”), and private equity and venture capital financings, as well as serving as outside general counsel.
-
Flow Capital Announces US$15 Million Credit Facility
August 26, 2024Flow Capital Corp. (TSXV: FW) ("Flow Capital" or the "Company"), a leading provider of growth venture debt in the form of senior secured loans to high-growth companies, is pleased to announce that it has entered into a loan agreement (the "Loan Agreement") with TBK Bank, SSB (“Triumph”), for a revolving committed credit facility in the principal amount of up to US$15 million.
-
Seylan Bank Relaunches New Factoring Financial Services to Enterprising Businesses
August 26, 2024Seylan Bank has expanded their comprehensive suite of financial services with Seylan Factoring, a means for clients to raise funds by trading outstanding trade receivables. Unlike traditional lending, which may consider a broader range of factors and sources for repayment, factoring is primarily dependent on the receivables' quality and collection for setting up the facility.
-
BriteCap Financial Secures $150M Credit Facility
August 26, 2024BriteCap Financial LLC ("BriteCap"), a data-driven financial services company dedicated to improving the financial health of America's small businesses, today announced the establishment of a new receivable financing facility from funds managed by One William Street Capital Management affiliates ("OWS Funds").
-
Pearlmark Announces First Closing of Sixth Mezzanine Fund
August 26, 2024Pearlmark is pleased to announce the first closing of its sixth high-yield credit investment fund, Pearlmark Mezzanine Realty Partners VI, L.P. (“Pearlmark Mezz VI” or the “Fund”). Pearlmark Mezz VI will serve as the firm’s exclusive subordinated debt investment vehicle, fulfilling borrower demand for gap financing solutions on recapitalizations, acquisitions, and development projects.
-
Piper Sandler Completes Acquisition of Aviditi Advisors
August 26, 2024Piper Sandler Companies (NYSE: PIPR), a leading investment bank, today announced that it has completed the acquisition of Aviditi Advisors. Aviditi Advisors is a premier alternative investment bank providing full lifecycle services to financial sponsors, global alternative investment managers and limited partner investors.
-
IDB Bank Announces Jeremy Cramer as Head of California Commercial Real Estate
August 26, 2024IDB Bank, a New York-based private and commercial bank, announced the appointment of Jeremy Cramer as its new Senior Vice President and Head of California Commercial Real Estate (CRE). In this role, he will lead balance sheet CRE lending across the Bank's west coast operations, overseeing loan originations, asset management, operations and deposit gathering.
-
A&O Shearman Expands U.S. Debt Finance Team with Addition of Alyssa Simon, High Yield Partner
August 26, 2024Alyssa was most recently at a leading investment bank in both London and New York where she was an executive director in leveraged finance, originating, structuring and executing large-cap, high-profile transactions for corporate and private capital clients. Her practice focuses on high-yield bond transactions used by private equity-backed issuers in complex domestic and cross-border acquisition financing.
-
Accession Risk Management Group Closes $1 Billion Financing to Further Accelerate Growth of Risk Strategies and One80 Intermediaries
August 26, 2024Accession Risk Management Group, the parent company of Risk Strategies and One80 Intermediaries comprising North America’s ninth largest privately held insurance broker, has closed a $1 billion incremental debt raise and refinancing. The funding will further accelerate a remarkable growth trajectory driven by the continued acquisition of leading specialty brokerages and targeted organic expansion.
-
Oaktree and AVANA Companies Launch $250 Million Joint Venture
August 26, 2024AVANA Companies, in collaboration with funds managed by Oaktree Capital Management, L.P., has announced the establishment of a $250 million joint venture named the AVANA-Oaktree Private Credit Partnership. This partnership is designed to support AVANA’s direct private commercial real estate lending strategy within the United States over the next three years.
-
Development Site Near Hollywood Walk of Fame Now Available
August 22, 2024A&G Real Estate Partners and Onyx Asset Advisors (ONYX) are accepting offers for a nearly 10,000-square-foot development parcel just steps away from the Hollywood Walk of Fame.
-
Monroe Capital Supports Huron Capital’s Rampart Exterior Services Add-on Acquisition
August 22, 2024Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Independent Roofing Systems (“Independent”) by Rampart Exterior Services (“Rampart”), a portfolio company of Huron Capital.
-
Wynnchurch Capital Announces Two Promotions and Five New Hires
August 22, 2024Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle-market private equity firm, announced today two promotions: Carl Howe: Promoted to Managing Director, Investment Team and Brian Riordan: Promoted to Managing Director, Investment Team
-
Ameris Bank Expands Commercial Industry Expertise with Key Hires
August 22, 2024Ameris Bank recently welcomed two commercial banking industry veterans to its well-established team. Bill Kilburg joins Ameris as senior vice president, relationship manager and Patrick Murphy will serve as senior vice president, government relationship manager.
-
Wolters Kluwer Earns Top 5 Global Ranking for Excellence in AI Product Innovation
August 22, 2024Wolters Kluwer has achieved a global top five ranking from Chartis Research for excellence in artificial intelligence (AI) innovation in the Chartis RiskTech AI 50 2024 report. The report explores the broad landscape of AI development and adoption in the financial services industry, showcasing the leading work of technology providers in this dynamic and rapidly evolving environment.
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