Merck (MRK.N), said on Tuesday that it has entered into an agreement to receive funds managed by Blackstone Life Sciences (BX.N), opens new tab for $700 million to develop an experimental cancer therapy.

Alleviate Financial Solutions, LLC ("Alleviate") today announced the closing of a $150 million growth capital investment from Sound Point Capital Management, LP. This funding marks a major step in establishing the Debt-to-Wealth category — which goes beyond traditional debt relief to help consumers transform their financial lives.

MidCap Financial is pleased to announce that Jack Penzi has joined as Managing Director of Originations for the ABL Team. Mr. Penzi will be based in New York City and will originate and underwrite Revolver and Term Loan credit facilities from $10MM to $500MM for the ABL strategies at MidCap Financial.

eCapital Corp. (“eCapital”), a leading tech-enabled specialty finance provider for small and midsize businesses across North America and the United Kingdom, today announced its inclusion on the Inc. Power Partner Awards list. The annual recognition honors B2B organizations with proven track records of supporting entrepreneurs and helping startups and high-growth firms scale.

BRG announced today that Jennifer Wren recently joined the firm’s Global Construction practice as an associate director. Based in Atlanta, she will advise clients on construction-related disputes, including claims analysis, financial damages, and fraud investigations arising from complex commercial projects.

CohnReznick, a leading professional services firm, today announced that Mike Tascher has joined as Florida Market Leader and Assurance Partner. Based in Tampa, Tascher has three decades of experience providing auditing and accounting advisory services across multiple industries.

NXT Capital announced today that it closed a senior credit facility in support of The Riverside Company’s add-on acquisition of Evive Brands. NXT Capital acted as Joint Lead Arranger and Joint Bookrunner on this transaction.

Culain Capital Funding, LLC (“Culain Capital”) announced the closing and funding of a $5,000,000 accounts receivable financing facility for a Texas-based wholesaler of licensed apparel and soft goods. The customized facility provides vital working capital to fuel rapid sales growth, fund large purchase orders, and scale wholesale operations to meet surging demand from leading U.S. retailers.

Rouse Appraisals provides rental companies, construction equipment dealers, and their investors and lenders with the most accurate appraisals and equipment valuation information available. Rouse’s team of ASA approved appraisers value approximately $84 billion of equipment and analyze nearly $52 billion of retail, auction, and trade-in sales of used equipment. With deep expertise of commercial assets, trucks and equipment, Rouse Appraisals can provide a complete range of valuation solutions for every need in a timely manner.

Cerebro Capital recently announced they had secured $208mm in debt financings for US middle market companies.

BizCap®, a national commercial finance and advisory firm, today announced that it has successfully structured and secured an asset-based growth capital credit facility for 3 Badge Beverage, a privately held company that produces a diverse portfolio of premium spirits and wines.

Global law firm Hogan Lovells announced today that Alberto de la Parra has joined as a Corporate & Finance partner in our Mexican offices and based in Mexico City. He comes to us from Jones Day and will be a part of the Infrastructure, Energy, Resources & Projects (IERP) practice area.

Republic Business Credit, a national commercial finance company offering working capital solutions, provided a $1 million factoring facility to a growing, innovative ice cream manufacturer based on the West Coast. The financing will support the expansion of its production capacity to meet the rising demand for its products.

JPalmer Collective (JPC), the asset-based lending firm dedicated to supporting high-growth, women-owned and -led, and natural products companies, today announced the closing of a $1,250,000 line of credit to Alec’s Ice Cream, the first and only A2 regenerative organic ice cream brand.

MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized seniors housing and multifamily bridge lending platform, announced the firm, along with firm affiliates, funded $48,100,000 in combine bridge and working capital financing for a three-facility skilled nursing portfolio in North Carolina.

Great American Holdings, LLC ("GA Group"), an industry-leading provider of valuation, field exam, liquidation, and real estate services, and majority-owned by funds managed by Oaktree Capital Management, L.P. ("Oaktree"), today announced the acquisition of CBC Group, LLC, ("CBC") a field examination company serving the asset-based lending examination outsourcing needs of middle-market commercial lenders since 2002

NXT Capital announced today that it closed a senior credit facility in support of Incline Equity Partners’ acquisition of Advanced Solutions International. NXT Capital acted as Sole Lead Arranger, Sole Bookrunner, and Administrative Agent on this transaction.

BHI, the U.S operation of Bank Hapoalim, B.M. and a full-service commercial bank, today announced the appointment of William C. Komaroff as General Counsel. Mr. Komaroff will report directly to Gil Karni, Chief Executive Officer, and join the BHI Executive Team.

Dynapac North America LLC and First Citizens Bank Equipment Finance today announced a new vendor finance agreement that will provide Dynapac customers with leasing and lending solutions to secure new road construction equipment.

Citizens Capital Markets & Advisory announced today that it served as the exclusive financial advisor to Seneca Group on its merger with Cumming Group, the largest pure-play project management and cost consultancy in North America.