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Kapitus, a leading provider of financing for small and medium-sized businesses, has announced the closing of a $250 million asset-backed securitization (ABS). The facility, which has a 3-year revolving period and is expandable to $500 million, was... Read Story
July 23, 2025, 07:15 AM
Filed Under: Company Announcements


First Citizens Bank has named Israel Gibbs as Area Executive for the bank's North Florida market to grow its banking business in the state. Gibbs will lead business and branch banking operations in the Jacksonville region."Israel is a veteran of... Read Story
July 23, 2025, 07:04 AM


Mercantile Bank Corp. and Eastern Michigan Financial Corp. have jointly announced that they have entered into a definitive merger agreement pursuant to which EFIN and its wholly owned subsidiary, Eastern Michigan Bank, will combine with Mercantile in... Read Story
July 23, 2025, 07:04 AM
Filed Under: Mergers & Acquisitions


In honor of National Hire a Veteran Day on July 25, EquipmentShare is doubling down on its commitment to hiring and empowering America’s heroes. The construction technology company, headquartered in Columbia, Mo., will dedicate the day to recruiting... Read Story
July 23, 2025, 07:00 AM
Filed Under: Company Announcements


Burke & Herbert Financial Services Corp. announced key hires that will enhance the Company's strong commercial banking, treasury management and deposit growth teams. The new appointments augment the Company's ability to service its commercial client... Read Story
July 23, 2025, 06:55 AM


Encina Private Credit LLC provided a $150 million commitment consisting of a revolver and term loan in a $525 million Senior Secured Credit Facility. Encina is serving as Revolver Agent in support of Centerbridge Partners and VSS Capital Partners... Read Story
July 23, 2025, 06:49 AM
Filed Under: Company Announcements


Great American Holdings, an industry-leading provider of valuation, liquidation and real estate services, and majority-owned by funds managed by Oaktree Capital Management L.P., announced the appointments of Dan Shribman as CEO and Brent Maloney as... Read Story
July 23, 2025, 06:48 AM


Wingspire Capital announced that in the first half of 2025 it closed 12 transactions for over $500 million in commitments in its Corporate Finance unit, its best first half production since the firm was founded nearly six years ago.Wingspire Capital... Read Story
July 22, 2025, 07:16 AM
Filed Under: Company Announcements


Final North American Class 8 net orders totaled 9,463 units in June, down 35% y/y, as published in ACT Research’s latest State of the Industry: NA Classes 5-8 report.“Weak fundamentals, current regressive trade policy and uncertainty over the... Read Story
July 22, 2025, 07:15 AM
Filed Under: Trucking


Columbia Banking System and Pacific Premier Bancorp jointly announced that they have received all required shareholder and stockholder approvals related to Columbia's proposed acquisition of Pacific Premier. The final results on the proposals voted... Read Story
July 22, 2025, 07:10 AM
Filed Under: Mergers & Acquisitions