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Houlihan Lokey Continues to Strengthen Transaction Advisory Services With Seasoned Hire
April 1, 2024Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Abhishek Jain has joined its Transaction Advisory Services (TAS) practice as a Managing Director. Mr. Jain, based in Chicago, will further strengthen the firm’s financial due diligence capabilities, with a primary focus on the industrials sector.
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Cadence Bank Announces Simplified Organizational Structure and Expanded Roles for Key Executives
April 1, 2024Cadence Bank (NYSE: CADE) today announced changes to its organizational structure, as well as new and increased responsibilities for several key executives, that will build on the company's success, create efficiencies and position it for future growth.
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RSM US Middle Market Business Index Shows a Sustained Expansion
April 1, 2024The RSM US Middle Market Business Index eased in the first quarter, but not enough to change our view that a sustained expansion will continue throughout this year amid improving productivity.
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Hovde Group
April 1, 2024Internships available. Please contact: Chris Hemler, Vice President, Hovde Group, LLC
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MUFG Announces New Medium-term Business Plan
April 1, 2024MUFG today announced that it has established a new Medium-term Business Plan (“MTBP”) for the three-year period beginning in FY2024.
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Atlantic Union Bankshares Corporation Completes Acquisition of American National Bankshares Inc.
April 1, 2024Atlantic Union Bankshares Corporation (“Atlantic Union”) announced today that it has completed its previously announced merger with American National Bankshares Inc. (“American National”), effective April 1, 2024. This transaction strengthens Atlantic Union’s presence in Central, Western and Southern Virginia and provides a meaningful entry into North Carolina’s Piedmont Triad region and Raleigh.
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The GEO Group Announces Commencement of Refinancing Process
April 1, 2024The GEO Group (NYSE: GEO) (“GEO” or the "Company"), announced the commencement of a refinancing process for its Tranche 1 and Tranche 2 term loans (collectively, the "Term Loans"). As of December 31, 2023, an aggregate amount of $906.7 million of Term Loans was outstanding.
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Airspan to Receive up to $95 Million in new Equity Financing and Eliminate all Existing Funded Debt
April 1, 2024Airspan Networks Holdings Inc., a provider of ground-breaking, disruptive software and hardware for 5G networks and a pioneer in end-to-end Open RAN, private network and air-to-ground connectivity solutions, today announced that it has entered into a Restructuring Support Agreement (the “Agreement”) with certain funds managed by Fortress Investment Group (“Fortress”) and several of its other key financial stakeholders
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PNC
April 1, 2024At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. The candidate should explore student opportunities and events (https://careers.pnc.com/global/en/students) and apply to as many programs as they would like.
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Celtic Capital Corporation Provides Funding for a Manufacturer of Precision Manufactured Components and Assemblies
April 1, 2024Celtic Capital provided a $2,500,000 Equipment Loan and subsequently participated with the revolving lender for $1,500,000 on the Accounts Receivable and Inventory Lines of Credit.
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HarborOne Bancorp, Inc. Names Stephen W. Finocchio as Executive Vice President and Chief Financial Officer
April 1, 2024HarborOne Bancorp, Inc. today announced the appointment of Stephen W. Finocchio as Executive Vice President and Chief Financial Officer, HarborOne Bancorp, Inc. and HarborOne Bank. Finocchio will oversee all Finance areas, including Accounting, Reporting, Treasury, and Investor Relations.
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RBC Completes Acquisition of HSBC Bank Canada
April 1, 2024Royal Bank of Canada (TSX: RY) (NYSE: RY) ("RBC") today announced it has completed the acquisition of HSBC Bank Canada ("HSBC Canada").
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Power Solutions International Announces Extension to Credit Agreement
April 1, 2024Power Solutions International, Inc. (the “Company” or “PSI”) amended its $130 million uncommitted senior secured revolving credit agreement (the “Fourth Amended and Restated Credit Agreement”), with Standard Chartered Bank, as administrative agent (“Standard Chartered”), and the lenders party thereto from time to time.
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Tidwell Group Combines with EisnerAmper
April 1, 2024Global business advisory firm EisnerAmper announces that the partners and colleagues of Birmingham, Alabama-based tax, assurance and advisory, and real estate consulting firm Tidwell Group, LLC, are joining EisnerAmper in a transaction expected to close in May 2024.
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FinWise Bancorp Appoints Jim Noone President and Hires Robert Wahlman as Chief Financial Officer
April 1, 2024FinWise Bancorp (NASDAQ: FINW) (“FinWise” or the “Company”), parent company of FinWise Bank (the “Bank”), today announced the appointment of Jim Noone to President along with the hiring and appointment of Robert Wahlman as Chief Financial Officer, effective immediately. Mr. Wahlman will succeed Javvis Jacobson, who will remain with the Bank as Treasurer.
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AFC Gamma Provides Sunburn Cannabis with a Total of $34.0 Million Across Senior Secured Credit Facilities
April 1, 2024FC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma” or the “Company”) today announced that it has provided a total of $34.0 million in debt capital across two senior secured credit facilities to High End Holdings, LLC and Green Sentry Holdings, LLC d/b/a Sunburn Cannabis (“Sunburn”), a private, vertically integrated, single-state Florida operator.
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Unused Packaging and Labeling Equipment Available in Exceptional Opportunity for Food, Pharma, Medical and Other Industries
April 1, 2024Tiger Group is offering for immediate purchase unused packaging and labeling equipment from a shuttered pharmaceutical company.
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Benefit Street Partners L.L.C. Announces Closing of $120 Million Loan on a Texas Office Portfolio
March 28, 2024Benefit Street Partners L.L.C. (“BSP” or the “Company”) today announced the closing of a $120 million floating-rate senior loan to Silver Star Properties REIT (“Silver Star”), intended to facilitate the liquidation of Silver Star’s legacy real estate portfolio. Silver Star expects to sell all current assets within their portfolio and subsequently acquire self-storage properties and transition to a self-storage REIT.
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BHI Provides $50 Million to The Kolter Group To Finance 144-Unit Condominium Project “The Dillon” Located In Buckhead Neighborhood of Atlanta, GA
March 28, 2024BHI, a full-service commercial bank, announced that it has provided $50 million to an affiliate of The Kolter Group LLC as part of an overall $133 million credit facility secured to finance their 144-unit luxury condominium project “The Dillon” in the Buckhead neighborhood of Atlanta, Georgia. BHI is acting as administrative agent for the credit facility.
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LendingTree Announces $175 Million Financing From Apollo Funds
March 28, 2024LendingTree, Inc. (NASDAQ: TREE) ("LendingTree" or the "Company"), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it has secured up to $175 million in financing in the form of a first lien term loan facility (the "facility") from funds managed by Apollo affiliates (the "Apollo Funds").
-
Houlihan Lokey Continues to Strengthen Transaction Advisory Services With Seasoned Hire
April 1, 2024Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Abhishek Jain has joined its Transaction Advisory Services (TAS) practice as a Managing Director. Mr. Jain, based in Chicago, will further strengthen the firm’s financial due diligence capabilities, with a primary focus on the industrials sector.
-
Cadence Bank Announces Simplified Organizational Structure and Expanded Roles for Key Executives
April 1, 2024Cadence Bank (NYSE: CADE) today announced changes to its organizational structure, as well as new and increased responsibilities for several key executives, that will build on the company's success, create efficiencies and position it for future growth.
-
RSM US Middle Market Business Index Shows a Sustained Expansion
April 1, 2024The RSM US Middle Market Business Index eased in the first quarter, but not enough to change our view that a sustained expansion will continue throughout this year amid improving productivity.
-
Hovde Group
April 1, 2024Internships available. Please contact: Chris Hemler, Vice President, Hovde Group, LLC
-
MUFG Announces New Medium-term Business Plan
April 1, 2024MUFG today announced that it has established a new Medium-term Business Plan (“MTBP”) for the three-year period beginning in FY2024.
-
Atlantic Union Bankshares Corporation Completes Acquisition of American National Bankshares Inc.
April 1, 2024Atlantic Union Bankshares Corporation (“Atlantic Union”) announced today that it has completed its previously announced merger with American National Bankshares Inc. (“American National”), effective April 1, 2024. This transaction strengthens Atlantic Union’s presence in Central, Western and Southern Virginia and provides a meaningful entry into North Carolina’s Piedmont Triad region and Raleigh.
-
The GEO Group Announces Commencement of Refinancing Process
April 1, 2024The GEO Group (NYSE: GEO) (“GEO” or the "Company"), announced the commencement of a refinancing process for its Tranche 1 and Tranche 2 term loans (collectively, the "Term Loans"). As of December 31, 2023, an aggregate amount of $906.7 million of Term Loans was outstanding.
-
Airspan to Receive up to $95 Million in new Equity Financing and Eliminate all Existing Funded Debt
April 1, 2024Airspan Networks Holdings Inc., a provider of ground-breaking, disruptive software and hardware for 5G networks and a pioneer in end-to-end Open RAN, private network and air-to-ground connectivity solutions, today announced that it has entered into a Restructuring Support Agreement (the “Agreement”) with certain funds managed by Fortress Investment Group (“Fortress”) and several of its other key financial stakeholders
-
PNC
April 1, 2024At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. The candidate should explore student opportunities and events (https://careers.pnc.com/global/en/students) and apply to as many programs as they would like.
-
Celtic Capital Corporation Provides Funding for a Manufacturer of Precision Manufactured Components and Assemblies
April 1, 2024Celtic Capital provided a $2,500,000 Equipment Loan and subsequently participated with the revolving lender for $1,500,000 on the Accounts Receivable and Inventory Lines of Credit.
-
HarborOne Bancorp, Inc. Names Stephen W. Finocchio as Executive Vice President and Chief Financial Officer
April 1, 2024HarborOne Bancorp, Inc. today announced the appointment of Stephen W. Finocchio as Executive Vice President and Chief Financial Officer, HarborOne Bancorp, Inc. and HarborOne Bank. Finocchio will oversee all Finance areas, including Accounting, Reporting, Treasury, and Investor Relations.
-
RBC Completes Acquisition of HSBC Bank Canada
April 1, 2024Royal Bank of Canada (TSX: RY) (NYSE: RY) ("RBC") today announced it has completed the acquisition of HSBC Bank Canada ("HSBC Canada").
-
Power Solutions International Announces Extension to Credit Agreement
April 1, 2024Power Solutions International, Inc. (the “Company” or “PSI”) amended its $130 million uncommitted senior secured revolving credit agreement (the “Fourth Amended and Restated Credit Agreement”), with Standard Chartered Bank, as administrative agent (“Standard Chartered”), and the lenders party thereto from time to time.
-
Tidwell Group Combines with EisnerAmper
April 1, 2024Global business advisory firm EisnerAmper announces that the partners and colleagues of Birmingham, Alabama-based tax, assurance and advisory, and real estate consulting firm Tidwell Group, LLC, are joining EisnerAmper in a transaction expected to close in May 2024.
-
FinWise Bancorp Appoints Jim Noone President and Hires Robert Wahlman as Chief Financial Officer
April 1, 2024FinWise Bancorp (NASDAQ: FINW) (“FinWise” or the “Company”), parent company of FinWise Bank (the “Bank”), today announced the appointment of Jim Noone to President along with the hiring and appointment of Robert Wahlman as Chief Financial Officer, effective immediately. Mr. Wahlman will succeed Javvis Jacobson, who will remain with the Bank as Treasurer.
-
AFC Gamma Provides Sunburn Cannabis with a Total of $34.0 Million Across Senior Secured Credit Facilities
April 1, 2024FC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma” or the “Company”) today announced that it has provided a total of $34.0 million in debt capital across two senior secured credit facilities to High End Holdings, LLC and Green Sentry Holdings, LLC d/b/a Sunburn Cannabis (“Sunburn”), a private, vertically integrated, single-state Florida operator.
-
Unused Packaging and Labeling Equipment Available in Exceptional Opportunity for Food, Pharma, Medical and Other Industries
April 1, 2024Tiger Group is offering for immediate purchase unused packaging and labeling equipment from a shuttered pharmaceutical company.
-
Benefit Street Partners L.L.C. Announces Closing of $120 Million Loan on a Texas Office Portfolio
March 28, 2024Benefit Street Partners L.L.C. (“BSP” or the “Company”) today announced the closing of a $120 million floating-rate senior loan to Silver Star Properties REIT (“Silver Star”), intended to facilitate the liquidation of Silver Star’s legacy real estate portfolio. Silver Star expects to sell all current assets within their portfolio and subsequently acquire self-storage properties and transition to a self-storage REIT.
-
BHI Provides $50 Million to The Kolter Group To Finance 144-Unit Condominium Project “The Dillon” Located In Buckhead Neighborhood of Atlanta, GA
March 28, 2024BHI, a full-service commercial bank, announced that it has provided $50 million to an affiliate of The Kolter Group LLC as part of an overall $133 million credit facility secured to finance their 144-unit luxury condominium project “The Dillon” in the Buckhead neighborhood of Atlanta, Georgia. BHI is acting as administrative agent for the credit facility.
-
LendingTree Announces $175 Million Financing From Apollo Funds
March 28, 2024LendingTree, Inc. (NASDAQ: TREE) ("LendingTree" or the "Company"), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it has secured up to $175 million in financing in the form of a first lien term loan facility (the "facility") from funds managed by Apollo affiliates (the "Apollo Funds").
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