CIBC ABL closed four new transactions, totaling $107 million, in November and December 2024. The momentum and strong growth late in 2024 signals a positive outlook for the upcoming fiscal year with a depth of new deal flow still to come.

The representative transactions emphasize the depth of connectivity of our senior business development team, and their long-standing relationships with key centers of influence, family-owned businesses and sponsors. It is these relationships coupled with our wide set of capabilities from turnaround situations through high-growth opportunities, that make our business unique. These transactions demonstrate our commitment to executing throughout various stages of our clients’ lifecycle.

In November 2024, CIBC ABL provided a $10 million Revolving Line of Credit to a sponsor-backed manufacturer of metal components based in the Midwest Region. The facility will support the Company’s ongoing working capital needs. Additionally, the team successfully transacted with a family-owned distributor of educational and recreational products, closing a $12 million Revolving Line of Credit and a $5 million Senior Term Loan. Both transactions were won through competitive, advisor-led processes with long-standing partners.

In December, CIBC ABL provided a $35 million Revolving Line of Credit and a $20 million Senior Term Loan to a manufacturer of flooring installation products. The transaction will support a West Coast-based Sponsor’s acquisition and corporate carve out. Additionally, our team partnered with a sponsor-backed contract manufacturer based in the Mid-Atlantic/Northeast Region, closing a $25 million Revolving Line of Credit. The facility will refinance the Company’s existing debt and support ongoing working capital and growth.