CIBC Innovation Banking announced today that it has provided financing support for Clearhaven Partners’ investment in Korbyt, an industry-leading workplace experience platform.

Alterna Equity Partners (“AEP”), a South Florida-based lower middle market private equity firm, today announced the 100% sale of one of its portfolio companies, Alterna Capital Solutions, LLC (“ACS”) to Paychex, Inc. (“Paychex”). The sale of ACS represents a successful exit for AEP.

Manufacturers Bank, a subsidiary of SMBC Americas Holdings, Inc., a member of SMBC Group, announced that it will be changing its name to SMBC MANUBANK as it expands into new markets and industries, and highlighting its decades-long affiliation with Sumitomo Mitsui Banking Corporation, a global leader in finance and innovation.

Celtic Capital Corporation today announced its most recent new client relationship – a New York-based company providing printing services to the newspaper advertising industry. This Company, founded in 1980, had been harmed by the pandemic and was out of covenant with its bank.

Alternative investment firm Varde Partners has raised nearly $1.5 billion from institutional investors for asset-based lending through its Varde Asset Lending Fund II and related accounts and co-investments, it said on Thursday.

First Business Bank announces its Accounts Receivable Financing team recently funded a $2.5 million factoring facility to a client operating as a smart bus platform.

Based in Boston, Menard is an integral part of the firm’s leadership and is responsible for the overall management of global financial reporting, planning and analysis, treasury, and tax strategy and compliance.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, is proud to announce it has been named one of Newsweek’s 100 Most Loved Workplaces in America® for the third year in a row and has also been certified by Great Place to Work® for the second consecutive year.

Maritime Partners, LLC ("Maritime Partners") has announced the successful closing of a $600-million warehouse facility between several special-purpose, wholly-owned subsidiaries of one of its managed funds and a syndicate of lenders led by ATLAS Securitized Products Holdings, L.P. ("ATLAS SP").

Crescent Capital Group LP, a leading alternative credit investment firm, announced today that Jason Moss has joined the firm as Managing Director, Head of Western U.S. Region in the Investor Solutions Group.

Natixis Corporate & Investment Banking (Natixis CIB) today announced the hiring of Asif Khan as Managing Director, Head of Structured Credit Capital Markets within the Global Markets Americas team. He will report to Emmanuel Issanchou, Head of Global Markets Americas and Global Head of Credit Markets, Natixis CIB.

Schulte Roth & Zabel is pleased to announce the formation of the firm’s dedicated Special Situations group. Co-chaired by partners Adam Harris and Doug Mintz, the Special Situations group is a multidisciplinary team focused on helping clients achieve their legal and financial objectives across the spectrum of stressed and distressed transactions.

Valeo Pharma CEO Steve Saviuk joined Steve Darling from Proactive to share details the company has entered into a credit facility agreement with Accord Financial for a total of $5 million.

eCapital Corp., a leading commercial finance provider is pleased to announce a recent surge in fundings within its Asset-Based Lending Group. In a season characterized by remarkable growth, eCapital proved it's expertise in providing agile financing solutions across several industries.

The law firm of Moritt Hock & Hamroff LLP announced that Terese Arenth, Leslie Berkoff, Ted Berkowitz, Michael Cardello, James Chou, David Cohen, Robert Cohen, Theresa Driscoll, Andrew Eckstein, David Fitzhenry, Robert Fryman, Julia Gavrilov, Stephen Ginsberg, Henry Goldberg, Marc Hamroff, Alan Hock, Matthew Leeds, Dennis O’Rourke, Michael Re, Robert Tils, David Wechsler, Alexander Widell and Peter Zlotnick have been named New York Metro Super Lawyers® for 2023.

TAB Bank, a technology-driven online bank, announced the addition of Laura A. Schulte and Martha F. McGuire to its Board of Directors. Schulte and McGuire come to TAB’s Board with a wealth of large bank expertise in capital markets, deposit expansion strategy, M&A, commercial lending and more. They will assist in shaping the direction and strategic vision of the bank.

Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce the additions of Mauricio Marron as Technology and Data Manager, Tammy Delgado as DTC Growth Senior Associate, and Miles Hindin as DTC Data and Strategic Insights Senior Associate.

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisitions of JM Zoning and Project Expediters Consulting Corp. (PECC), by Milrose Consulting, Inc. (“Milrose”). Milrose is an existing portfolio company of Southfield Capital.

Global private financial group headquartered in San Francisco supports development of high-end, state-of-the-art film studio facilities for international clients such as Disney, Netflix, Amazon, and Warner Bros.

MidCap Business Credit LLC, announced today that it has completed a $8 million asset-based credit facility to a manufacturing company located in Pittsburgh, PA. The company was established in 1954 and makes machinery and equipment for various industrial applications, for its domestic and foreign customer base.