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  • Houlihan Lokey to Acquire Waller Helms Advisors
    August 12, 2024
    Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, has agreed to acquire Waller Helms Advisors (Waller Helms), an independent advisory firm that provides investment banking services to clients in the insurance and wealth management sectors. The transaction, signed on August 6, 2024, confirms Houlihan Lokey as the premier investment banking advisor in these sectors and underlines the firm’s leadership across the global financial services sector. The deal is expected to be completed before December 31, 2024, following regulatory approvals.
  • B. Riley Serves as Exclusive Financial Advisor to Kimball Electronics on the Divestiture of its Automation, Test, and Measurement Business
    August 9, 2024
    B. Riley Securities, Inc. ("B. Riley"), a leading middle market investment bank, is pleased to have served as exclusive financial advisor to Kimball Electronics, Inc. (NASDAQ: KE) (“Kimball Electronics” or the “Company”) in the successful completion of the sale of its Automation, Test, and Measurement (“AT&M”) business to Averna Technologies.
  • Loeb Empowers an Electrical Contracting Company With a $3 Million Term Loan
    August 9, 2024
    A valued client in the electrical contracting industry recently turned to Loeb for help in refinancing their existing debt. The current owners, who bought the company two years ago, had accumulated multiple loans that needed to be combined into a single, manageable loan to ensure continued growth and financial stability.
  • CVC Credit Prices $500m Apidos XLIX
    August 9, 2024
    CVC Credit, the $45bn global credit management business of CVC, is pleased to announce that it has successfully priced Apidos XLIX (49), a new $500m (c.€460m) Collateralized Loan Obligation ("CLO"). BNP Paribas served as lead arranger for CVC Credit’s fourth CLO pricing in North America this year.
  • SSG Advises ICON Aircraft, Inc. in the Sale of Substantially All Assets to an Affiliate of Dürkopp Adler GmbH
    August 9, 2024
    SSG Capital Advisors, LLC (“SSG”) served as the investment banker to ICON Aircraft, Inc. (“ICON” or the “Company”) in the sale of substantially all assets to an affiliate of Dürkopp Adler GmbH (“DA”). The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the District of Delaware.
  • SFNet New Member Spotlight: Allianz Trade
    August 9, 2024
    Allianz Trade North America is the oldest and largest provider of trade credit insurance. We offer both domestic and export credit insurance policies that ensure clients against commercial and political risk in more than 200 countries worldwide. Allianz Trade is rated A+ (Superior) by A.M. Best and AA by Standard & Poor’s.
  • Arrowhead Pharmaceuticals Announces $500 Million Strategic Financing Facility with Sixth Street
    August 8, 2024
    Arrowhead Pharmaceuticals, Inc. (NASDAQ: ARWR) today announced that it has entered into a strategic financing agreement with Sixth Street for significant, long-term, non-dilutive capital to fund innovation and growth opportunities across Arrowhead’s robust and diverse pipeline of RNAi therapeutics.
  • CohnReznick Earns Three Global M&A Network Awards
    August 8, 2024
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Global M&A Network has recognized its Transaction Advisory team with three awards.
  • Diebold Nixdorf Names Two New Independent Directors to its Board
    August 8, 2024
    Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, today announced that Maura A. Markus and Dr. Colin J. Parris have joined the company's board of directors.
  • TriplePoint Venture Growth BDC Corp. Renews Revolving Credit Facility
    August 8, 2024
    TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), the leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced it has entered into an amendment to its revolving credit facility (“Credit Facility”) to, among other things, extend the revolving period from August 31, 2024 to November 30, 2025 and the scheduled maturity date from November 30, 2025 to May 30, 2027.
  • Arijit Roy Appointed to U.S. Bank Managing Committee
    August 8, 2024
    U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, announced today that Arijit Roy will become the newest member of its Managing Committee, a group of 16 executives with various responsibilities for the organization’s revenue lines, enabling functions and independent risk teams.
  • Allegro Microsystems Secures $400 Million Term Loan Deal
    August 8, 2024
    In a strategic financial move, Allegro Microsystems, Inc. (NASDAQ:ALGM) has entered into a significant amendment to its existing credit agreement, securing a new $400 million tranche of term loans. This financial maneuver, which took place on Monday, was detailed in a recent 8-K filing with the Securities and Exchange Commission.
  • CIT Northbridge Credit Provides $45 Million to MacPherson's
    August 8, 2024
    First Citizens Bank today announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, provided a $45 million revolving credit facility to creative materials distributor, MacPherson's.
  • TAB Bank Welcomes Tami Fisher as New Chief Information Officer
    August 8, 2024
    TAB Bank announces the appointment of Tami Fisher as its new Chief Information Officer (CIO). She joins TAB Bank with nearly two decades of extensive experience developing and executing enterprise strategies to optimize operations and technology outcomes.
  • Monroe Capital Leads ~$300mm Asset-Based Financing to Triad Financial Services, Inc.
    August 8, 2024
    Monroe Capital LLC (“Monroe”), on behalf of its investment funds, has announced it has established a partnership with Triad Financial Services, Inc. (“Triad”) to originate and purchase commercial Community Rental loans made to manufactured home community owners. The initial pool is expected to be ~$300 million.
  • Gordon Brothers Launches Real Estate Services Practice in EMEA
    August 8, 2024
    Ben Lovell, Senior Director, Real Estate, EMEA has joined Gordon Brothers to lead the growth of the Real Estate Services practice in the region. Lovell is joined by Daniel Smith, Director, Real Estate, EMEA and Richard Maden, Director, Real Estate, EMEA.
  • Midwestern Technology Company Strengthens Their Business with a $3,500,000 Facility from Prestige Capital
    August 7, 2024
    A venture capital-backed Midwestern technology company specializing in worker verification services secured a $3.5 million financing facility from Prestige Capital to fulfill a new government contract and drive growth beyond its existing funding source.
  • CapitalPlus Financial Services Facilitates $350,000 in Factoring for a Georgia-based Roofing Contractor
    August 7, 2024
    CapitalPlus Financial Services, known for its tailored working capital solutions for construction, has announced the successful funding of a $350,000 working capital facility for an Atlanta-based roofing contractor. This strategic financial solution enables the contractor to expand their business by taking on more significant commercial projects.
  • Benoit Geurts Joins Gordon Brothers as Managing Director, Intellectual Property, EMEA
    August 7, 2024
    Benoit Geurts has joined Gordon Brothers, the global asset experts, as Managing Director, Intellectual Property, EMEA. In this role, Geurts partners with the firm’s corporate recovery and global valuations teams to provide valuation, advisory and monetisation services for intellectual property (IP) assets to support businesses and their advisors in restructuring and recovery situations across Europe, the Middle East and Africa.
  • eCapital Welcomes Matthew Tobin as SVP, Business Development Officer, to Drive West Coast Growth
    August 7, 2024
    eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, has appointed Matthew Tobin as SVP, Business Development Officer within its ABL Group.
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