Versant Funding LLC is pleased to announce that it has funded a $5 million non-recourse factoring facility to a company that manufactures products for a large customer base which includes one of America’s largest municipalities.

MidCap Business Credit LLC (“MBC”) is pleased to announce the closing of a $12 million asset-based credit facility for a sponsor owned distributor of specialty chemicals and materials. The credit facility is comprised of a working capital revolver and a machinery and equipment term loan. The credit facility will be used to support the company’s working capital needs and refinance the existing debt.

HarbourVest Partners, a global leader in private markets investing, today announced the closing of HarbourVest Partners Structured Solutions 2025, an investment vehicle with the capacity to invest $1.1 billion into diversified secondary investments in private equity and private credit.

Lower middle market specialist New State Capital Partners ("New State") today announced the launch of Forge Select, a dedicated non-control investment strategy focused on partnering with leading independent sponsors. Forge Select builds on New State's long-standing presence in the independent sponsor market and expands the firm's ability to partner with these groups.

Wells Fargo & Company (NYSE: WFC) today announced the appointment of Faraz Shafiq as Head of AI Products and Solutions, effective Feb. 9. This move demonstrates the bank’s commitment to leveraging artificial intelligence (AI) to shape the future of financial services and transform how it works to deliver for employees, customers, and communities.

Haynes Boone is pleased to announce the expansion of its Fund Finance Practice Group leadership team with the appointment of Deborah Low and Brent Shultz as co-heads. The promotions reflect the continued momentum of the group, which has grown to more than 75 attorneys across the firm and is poised for further growth to meet the challenges of a dynamic and rapidly evolving fund finance market.

Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced that it has appointed Jason King as the Company’s Vice President of Finance. Mr. King will report to Legacy Chief Executive Officer, Clark Griffith and will play a key role in shaping the financial strategies of the company.

After a decade of press powders and sharply pigmented shadow, Pat McGrath Labs is filing for bankruptcy. The company, founded by namesake makeup artist Pat McGrath in 2015, filed for Chapter 11 bankruptcy on Jan. 22, according to court documents reviewed by USA TODAY. Filing in the Southern District of Florida, the company listed over $50 million in liabilities.

JPalmer Collective (JPC), an asset-based lending firm focused on funding high-growth, women-led, and natural products companies, today announced the appointment of Elena Goynatsky as Senior Vice President, Portfolio Manager, further strengthening the firm’s leadership team as it continues to scale.

Republic Business Credit provided a $6 million asset-based loan to a pharmaceutical manufacturer during a crucial transition period. The flexible financing includes a $10 million accordion feature, providing scalable capital that the manufacturer can grow into as it looks to a bright future.

Austin Financial Services, Inc. is pleased to announce that Gabriela Lee has joined the AFS team as Relationship Manager. In this role, Gabriela will play a key role in delivering an exceptional client experience by building and maintaining strong relationships with clients while actively managing portfolio risk.

Tiger Group today announced plans to auction a wide array of advanced embellishment equipment used in the production of everything from T-shirts to shower curtains. Bidding in the timed, online auction at SoldTiger.com opens on Thurs., Jan. 29, at 10:30 a.m. PT and closes on Thurs., Feb. 5, at 10:30 a.m. PT.

nFusion Capital delivered exceptional results in 2025, growing its portfolio by over 50%. As the firm has scaled, it is targeting larger middle market companies with complex financing needs while still maintaining its foundational support for growth-focused small businesses, with deal sizes ranging from $500,000 to $30 million.

Haynes Boone served as co-counsel to Anthology, Inc. in connection with the company’s Chapter 11 restructuring, which became effective on Jan. 23, 2026, following the entry of a confirmation order by the United States Bankruptcy Court for the Southern District of Texas. Anthology is a leading provider of education-technology solutions serving higher education institutions and educators worldwide.

Eve Air Mobility ("Eve"), a global leader in the development of next-generation electric vertical take-off and landing (eVTOL) solutions, has secured $150 million in debt financing from a syndicate of leading financial institutions.

Light & Wonder, Inc. (NASDAQ:LNW) announced Thursday that its wholly owned subsidiary, Light and Wonder International, Inc., has entered into Amendment No. 4 to its existing credit agreement. The amendment, dated Thursday, creates a new tranche of term loans totaling $2,134,562,718.75, which will mature on April 14, 2029. These new loans replace the company’s existing term loans.

Garda World Security Corporation ("GardaWorld" or the "Company"), an entrepreneurial-driven corporation focused on building global champions in security services, AI-enabled security technology, integrated risk management and cash automation solutions, today announces it has successfully closed amendments to its Credit Agreement dated October 30, 2019 (i) to increase its term loan due 2029 (the "Term Loan") by an aggregate principal amount of approximately US$63 million to US$2,350 million.

Because your voice matters, we’re doing something different this year. Instead of requesting your input through our annual members-only survey (we truly value the time and thought SFNet members put into those responses), we’ll be rolling out a much shorter survey of just 8 questions to our members.

Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced the closing of the private offering of $500 million in aggregate principal amount of 5.625% senior unsecured notes due 2034 (the “2034 Notes”).

Northpoint Commercial Finance (Northpoint), a diversified finance company that provides flexible inventory lending and floorplan financing solutions, has partnered with Arctic Cat to be the exclusive financier of their dealer network across the United States and Canada. Arctic Cat's partnership with Northpoint will include flexible, manageable, and customized terms with a dedicated customer support team.