Clarus Capital hired Jake Skivington to join its sponsor origination effort, building on its successful strategy of supporting middle market private equity firms. Skivington will be located in the firm’s New York office. read more

OCT 18, 2023 - 6:40 am

Broad Fit Financial, a provider of financing solutions for the health, wellness and fitness industries, expanded its team with the addition of Michael Grant as vice president of Distributor Partnerships and Corinne Feldman as senior operations manager. read more

OCT 18, 2023 - 6:36 am

Altavair appointed Matt Hoesley as chief commercial officer. In this newly created role, Hoesley will assume responsibility for marketing, trading and portfolio management, in addition to his current responsibilities leading financing and investment. read more

OCT 18, 2023 - 6:35 am

First Citizens Bank’s energy finance business has served as coordinating lead arranger on three battery storage project financings for Plus Power, collectively representing $672 million in financing and 700 megawatts of energy storage capacity. read more

OCT 18, 2023 - 6:30 am

Capteris provided a $15 million lease line for various manufacturing equipment with a global tier one automotive supplier. The deal is composed of a sale leaseback on existing injection molding assets along with a lease line for new production equipment. read more

OCT 18, 2023 - 6:20 am

Maxim Commercial Capital saw robust demand across its diverse financing programs for the third quarter of 2023. The hard asset secured lender reported a 100% year-over-year increase in truck financings for the period. read more

OCT 18, 2023 - 6:15 am

According to a new report from BMO Blue Book, while the U.S. economy is remaining resilient, amid aggressive monetary tightening, it is predicted to slow in early 2024. read more

OCT 18, 2023 - 6:10 am

HyperAMS, in partnership with Jeff Martin Auctioneers, will host a court-ordered live and webcast auction of Twin Express, a Minnesota-based trucking business, on behalf of the company’s appointed receiver. read more

OCT 18, 2023 - 6:05 am

September’s preliminary net trailer orders increased sequentially, to 31,300 units, against a very easy August comp, and were notably higher compared to last September, up 19%, according to ACT Research. read more

OCT 18, 2023 - 6:00 am

After a strong second quarter, equipment and software investment growth is expected to slow over the remainder of the year, according to the ELFF. read more

OCT 17, 2023 - 5:45 am

Global Jet Capital entered into a strategic partnership with Azzera, an innovative provider of carbon offsetting and compliance solutions for business aviation, to bolster the company’s commitment to sustainability. read more

OCT 17, 2023 - 5:35 am

Mitsubishi HC Capital America provided a Canadian-based IT service provider with a $60 million facility to support its rapidly growing business and free up cash flow. read more

OCT 17, 2023 - 5:30 am

Dun & Bradstreet and Lendio joined forces to help provide small businesses with access to Lendio’s personalized funding options through the Dun & Bradstreet small business portal. read more

OCT 17, 2023 - 5:25 am

A new survey from Grant Thornton LLP, one of America’s largest audit, tax and advisory firms, revealed that chief financial officers are focused on profitability despite the uncertain interest rate outlook and global economy. read more

OCT 17, 2023 - 5:20 am

A new forecast from International Data Corporation shows that enterprises will invest nearly $16 billion worldwide on GenAI solutions in 2023. This spending is expected to reach $143 billion in 2027 with a compound annual growth rate of 73.3% over the 2023 to 2027 forecast period. read more

OCT 17, 2023 - 5:10 am