Parafin, an innovator in embedded finance, closed a $93 million debt facility with Jefferies and Trinity Capital. Their investment, which has the potential to increase to $187 million, will support Parafin’s ability to offer capital to small businesses. read more

AUG 29, 2024 - 5:54 am

Banc of California signed a definitive merger agreement with PacWest Bancorp. The combined holding company and bank will operate under the Banc of California name and brand following closing of the transaction. read more

JUL 26, 2023 - 7:03 am

TIAA entered into a definitive agreement to sell TIAA Bank to new investors with experience in financial services, including Stone Point Capital, Warburg Pincus, Reverence Capital Partners, Sixth Street and Bayview Asset Management. read more

NOV 8, 2022 - 7:38 am

Macquarie Infrastructure signed a definitive agreement to sell its Atlantic Aviation business to KKR for $4.475 billion in cash and assumed debt and reorganization obligations. read more

JUN 8, 2021 - 6:50 am

Enova International entered into a definitive agreement to acquire all outstanding shares of OnDeck in a cash and stock transaction valued at approximately $90 million. read more

JUL 30, 2020 - 7:09 am

Reuters reported that Air Medical Group, a U.S. medical helicopter operator and KKR portfolio company, plans to take on $2.185 billion of additional debt to complete its purchase of American Medical Response. read more

AUG 14, 2017 - 7:23 am