A Michigan based machine tool builder needed a new lender. The Bank of Ann Arbor asset-based lending team met with the management team at the plant in Michigan, heard their business plan and future projections and provided a $5.5MM Asset Based...
Read Story
November 27, 2024, 08:00 AM
|
Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth and add-on acquisitions of Bridgeport and Newman Whitney (“Newman”) by InCompass™, an existing portfolio company of...
Read Story
January 09, 2024, 07:00 AM
|
Wingspire Capital committed a $35 million senior secured term loan and a $15 million revolver to Tooling Tech Group as the company leans into a new era of growth.The proceeds will be used to best position the Fenton, Michigan-based company to take...
Read Story
August 15, 2023, 08:00 AM
|
MidCap Financial provided a $30 million senior secured credit facility, comprising an asset-based revolving line of credit to H-D Advanced Manufacturing Company. Proceeds from the MidCap credit facility will be used to refinance the Company’s prior...
Read Story
|
Abacus Finance Group, LLC, a provider of cash flow-based, classic senior debt financing for sponsor-led buyouts of companies with $3 million to $15 million in EBITDA, announced that it served as Administrative Agent and Sole Lender for $27.7 million...
Read Story
|
Livingstone's Debt Advisory team announced it has raised acquisition financing for Lapmaster Group Holdings LLC. Bank of America, N.A., MB Financial Bank, N.A., and First Bank of Highland Park provided the financing for the transaction. Livingstone...
Read Story
February 28, 2017, 07:02 AM
|
Loeb Winternitz Industrial Auctioneers and Yellen Partners announced that they have facilitated the sale of the assets of Paramount Machining Solutions as a complete operation, to Global Manufacturing Industries. As a result, any scheduled auctions...
Read Story
February 27, 2017, 07:15 AM
|