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Sallyport, an operationally focused lower to middle-market private equity firm, announced the closing of its first fund, Sallyport Partners Fund. The fund exceeded its target of $150 million, closing with $160 million in total capital... Read Story

Filed Under: Private Equity
January 14, 2025 @ 08:30 AM

Encina Private Credit (“EPC”) served as Administrative Agent on a Senior Secured Credit Facility supporting Quadriga Capital portfolio company Ipsen International Holdings, GmbH (“Ipsen”). Ipsen is a global manufacturer of mission-critical, highly... Read Story

Filed Under: Manufacturing
January 14, 2025 @ 08:25 AM

Inhibrx Biosciences, a biopharmaceutical company with two programs in ongoing clinical trials, entered into a loan and security agreement with Oxford Finance LLC ("Oxford", together with certain of its affiliates party thereto, the "Lenders")... Read Story

Filed Under: Biopharmaceuticals
January 14, 2025 @ 08:15 AM

Gordon Brothers has provided Peavey Industries LP (Peavey) a financing package of up to C$155 million, consisting of a C$105 million first-lien revolving credit facility, a C$30 million first-in, last-out term loan, and a C$20 million consignment... Read Story

January 14, 2025 @ 08:10 AM

Client: Headquartered in Texas, this private equity-owned and well-established print house specializes in custom labels and printing. The Company has built a strong reputation for delivering innovative, customized solutions that meet the unique needs... Read Story

Filed Under: Printing
January 14, 2025 @ 08:03 AM

Brex, the modern corporate card and spend management platform for startups and enterprises, closed a two-year, $235 million revolving credit facility. Citi serves as senior lender for the credit facility, joined by TPG Angelo Gordon as a... Read Story

Filed Under: Business Services
January 14, 2025 @ 08:01 AM

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Rita’s Italian Ice & Frozen Custard (“Rita’s”) by Maple Park Capital Partners. Founded in 1984 and based in... Read Story

Filed Under: Restaurant
January 14, 2025 @ 08:00 AM

BizCap announced that Michael Hengl has joined the team as Managing Director, based in San Francisco. With over 34 years of leadership experience in commercial and asset-based lending, Hengl will be instrumental in driving BizCap®’s growth and... Read Story

January 14, 2025 @ 07:46 AM

Republic Business Credit continues its commitment to the natural products industry by providing a $1.5 million asset-based loan credit facility to a leading manufacturer of bath, shower and all-natural aromatherapy solutions. The company was seeking... Read Story

Filed Under: Manufacturing
January 14, 2025 @ 07:00 AM

Ares Management Corporation announced that Kevin Alexander, Partner in Ares’ Alternative Credit strategy, has been promoted to Co-Head of Alternative Credit alongside current Co-Heads Keith Ashton and Joel Holsinger, effective immediately.Alexander... Read Story

January 13, 2025 @ 08:15 AM