Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support Broad Sky Partners’ investment in Frontline Managed Services , a provider of white glove Managed IT Services and Revenue Cycle Management...
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December 20, 2024, 07:00 AM
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SG Credit Partners, through its SG Software + Technology division, announced its partnership with VisualDX, a healthcare software company providing visual clinical decision support for medical professionals and students to aid in knowledge of a wide...
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December 12, 2024, 07:46 AM
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of JobNimbus by Sumeru Equity Partners.Founded in 2013 and headquartered in Lehi, Utah, JobNimbus is a leading...
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December 10, 2024, 07:16 AM
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Amerisource Business Capital closed and funded a $7,500,000 senior secured revolving credit facility for a Texas-based technology firm specializing in Software as a Service (SaaS) for financial services. The facility will support the company’s rapid...
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December 05, 2024, 08:05 AM
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Silicon Valley Bank (SVB), a division of First Citizens Bank, provided $35 million in debt financing to Squire Technologies Inc., a leading full-scale management and point of sale (POS) system that helps barbershop owners scale their businesses and...
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November 20, 2024, 08:10 AM
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SG Credit Partners, through its SG Software + Technology division, announced its partnership with NationBuilder, a digital organizing software company.
NationBuilder's fully integrated platform equips nonprofits, advocacy organizations, and...
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November 20, 2024, 07:55 AM
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Uncaged Capital funded a $65.9 million non-recourse bridge loan transaction to a tech company which sells hardware and software to major media companies nationwide.This bridge loan required a rapid infusion of capital to meet its cash needs through...
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November 11, 2024, 07:00 AM
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SG Credit Partners, through its SG Software + Technology division, is continuing its partnership with Sincere, a family of consumer internet brands. Sincere is home to Punchbowl®, Timehop®, and Memento®, and builds technology for celebrations...
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October 23, 2024, 07:42 AM
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B. Riley Securities, a subsidiary of B. Riley Financial, Inc. served as exclusive financial advisor to Bit Digital, Inc. in the acquisition of Enovum Data Centers (“Enovum”), an owner, operator and developer of high-performance computing (“HPC”)...
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October 17, 2024, 09:00 AM
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CoreWeave closed a $650 million credit facility, led by JPMorgan Chase, Goldman Sachs, and Morgan Stanley, with participation from Barclays, Citi, Deutsche Bank, Jefferies, Mizuho, MUFG, and Wells Fargo. Proceeds from this revolving credit facility...
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October 14, 2024, 08:12 AM
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Citizens JMP served as the exclusive financial advisor to Trinisys on its sale to Harmony Healthcare IT, a sponsor-backed healthcare data management company. Harmony is a portfolio company of Canadian-based Novacap, a C$8 billion AUM North American...
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October 14, 2024, 07:12 AM
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SG Credit Partners, through its SG Software + Technology division, announced its partnership with Shipwell, a scalable multimodal transportation management system (TMS) that empowers shippers to plan, rate, ship, and manage supply chain operations...
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October 09, 2024, 08:05 AM
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DC BLOX, a provider of interconnected data centers, has raised incremental equity capital from its existing and new investors, led by Post Road Group and Bain Capital Credit. The funding will enable the deployment of over $1 billion of total capital...
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October 09, 2024, 07:20 AM
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OpenAI established a new $4 billion credit facility with JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Santander, Wells Fargo, SMBC, UBS, and HSBC. This revolving credit facility that is undrawn at closing.OpenAI now has access to over $10...
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October 07, 2024, 08:00 AM
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VerticalScope entered into a second amended and restated credit agreement, amending and restating the Company’s existing credit agreement with Capital One. The A&R Credit Agreement was amended and restated to remove the single term loan tranche under...
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October 07, 2024, 07:05 AM
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of the Level Ex Games pharma and life sciences division by Relevate Health Group, an existing portfolio company...
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October 01, 2024, 07:33 AM
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Welltory, an all-in-one personalized health and wellness app, closed a $3 million credit line with Braavo Capital. The funding will empower Welltory to invest deeper into its strategic product and market growth to become the leader in the...
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September 30, 2024, 07:49 AM
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Citizens M&A Advisory served as the exclusive financial advisor to Blue Mantis, Inc., a premier IT services provider with deep expertise in managed services, cybersecurity and cloud solutions, on its recapitalization by Recognize...
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September 25, 2024, 07:40 AM
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NXT Capital closed a senior credit facility in support of Revelstoke Capital Partners’ investment in MediQuant. NXT Capital acted as Joint Lead Arranger, Joint Bookrunner, and Administrative Agent on this transaction.Founded in 1999, MediQuant is a...
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September 17, 2024, 07:09 AM
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SLR Business Credit ("SLRBC") completed a $2 million credit facility for Quantori. Based in Cambridge, Massachusetts, Quantori is a comprehensive digital IT service provider for the life sciences and healthcare sectors. Quantori excels in developing...
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September 10, 2024, 07:50 AM
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Client: A Delaware Company focuses on providing technology-driven solutions for the construction industry to streamline and simplify the procurement process for building materials and construction services. By leveraging technology, the Company helps...
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August 28, 2024, 07:45 AM
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CapitalPlus Financial Services successfully onboarded a California-based technology installation company. The company, previously partnered with another factoring firm, faced potential disruptions when their former provider ceased funding businesses...
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August 21, 2024, 07:01 AM
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CIBC Innovation Banking provided $10 million in growth capital to Boosted.ai, a Toronto-based company that uses AI to automate investment management processes and increase productivity. Boosted.ai will use the funds to invest in product development...
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August 16, 2024, 07:39 AM
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A technology company that designs software for call centers required capital to support its growth. In partnership with the company's investor, Prestige Capital provided the necessary funds for this business to expand.Prestige Capital has...
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August 16, 2024, 07:00 AM
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Sabio Holdings, a California-based ad-tech company that specializes in delivering highly targeted ads, insights, and services in ad-supported streaming to top Fortune 100 brands, announced the closing of a new credit facility pursuant to the terms of...
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August 02, 2024, 07:55 AM
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Thumbtack, a technology company helping millions of people confidently care for and improve their homes, announced $75 million in financing from Silicon Valley Bank (SVB), a division of First Citizens Bank, and Hercules Capital. The debt facility...
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August 01, 2024, 08:00 AM
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Inuvo, a leading provider of marketing technology, powered by its proprietary IntentKey® artificial intelligence (AI) that serves brands and agencies, secured a new $10 million asset-based credit facility to support its continued growth and...
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August 01, 2024, 07:46 AM
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Runway Growth Capital announced a $20 million growth capital commitment to Elevate, a leading provider of consulting, technology, and services for law departments and law firms. The investment upsizes the previous $40 million senior secured term loan...
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SLR Credit Solutions (“SLR CS”) closed a $65 million senior credit facility for Quantcast Corporation, a leader in applying artificial intelligence (AI) to programmatic advertising.“SLR CS understands the complexities of our business and lending in...
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CIBC Innovation Banking announced $10 million in growth capital financing for Clariti, a leading provider of purpose-built community development solutions for North American local governments. This funding will accelerate the development of new...
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Bridge Bank's Technology Banking Group closed a $47 million term loan with Divergent Technologies Inc. to support the company’s continued growth.Torrance, California-based Divergent uses a data-driven approach to design and build vehicle structures...
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Helios Technologies entered into an amendment and restatement of its existing term loans and revolving credit facility to extend debt maturities, strengthen and streamline its lender group, reduce borrowing spreads, and expand the borrowing capacity...
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LSQ recently originated an accounts receivable credit facility for a Louisiana-based AI software and services company. The company was referred to LSQ by a wealth management partner. As part of the partnership, LSQ will also provide the company with...
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MidCap Financial provided a $20 million senior secured credit facility to Wizeline, Inc. Proceeds from the credit facility will support Wizeline’s growth and ongoing working capital needs. Wizeline, a global AI-centric technology solutions provider...
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Celestica, a leader in design, manufacturing, hardware platform and supply chain solutions for the world’s most innovative companies, amended its existing senior secured credit agreement (“Existing Facility”)*, with an upsizing of the total facility...
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White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors, upsized a $10 million factoring facility to a leading worker management software company by an additional $15 million. The now $25 million factoring facility will serve...
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LSQ originated a $3 million accounts receivable credit facility for a Florida-based fixed wireless internet provider.The company was referred to LSQ by a wealth management partner.As part of the partnership, LSQ will also provide the company with...
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Mad Mobile, a pioneering force in restaurant and retail SaaS and payment solutions, closed a $50 million financing agreement. This funding, managed by Morgan Stanley Expansion Capital and Bridge Bank, will be strategically utilized to amplify the...
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of ZeroFox Holdings, Inc. (“ZeroFox”) by private equity sponsor Haveli Investments.ZeroFox is an enterprise...
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PNC Bank closed a $500+ million senior secured credit facility for Seismic, a global leader in sales enablement software. PNC served as Administrative Agent and Collateral Agent for the credit facility and PNC Capital Markets LLC ("PNCCM") served as...
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eCapital Corp. funded a $15 million factoring facility for a world-leading technology firm in the transportation industry. This transaction underscores eCapital’s commitment to supporting high-growth companies facing the challenge of single-debtor...
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CIBC Innovation Banking provided $10 million in growth capital to Spare, a leading provider of on-demand transit software. The funding will accelerate Spare's development of Artificial Intelligence (AI) solutions, helping to advance its mission to...
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CIBC Innovation Banking provided extended financing to Boston-based Shorelight, an enrollment and performance management platform that drives international student success at top universities. Shorelight will use the extended financing to continue...
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Dealer Services Network’s (“DSN”) acquisition of Express OMV. DSN is an existing portfolio company of Frontenac. Based in South...
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Solifi received an accolade in the Best New Services Solutions: Data and Asset Management category in the 2024 Sustainable Finance Awards. The awards, which took place in May in Paris, celebrate the success of leading finance businesses in achieving...
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Monroe Capital acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of Cloudbreak Health (“Cloudbreak”) by GTCR. Headquartered in Columbus, OH, Cloudbreak is a leading video-focused language...
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Encina Private Credit served as club lender providing a First Out tranche in a Senior Secured Credit Facility supporting Stone Goff portfolio company John Staurulakis, LLC (“JSI”). The Senior Secured Credit Facility is led by Balance Point Capital...
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Audax Private Debt was the sole Mezzanine Notes provider to support Tailwind Capital in their acquisition of GrayMatter, an industrial automation services and consulting company focused on helping customers across a variety of end markets optimize...
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the merger and future growth of ParkHub and JustPark by LLR Partners and FTV Capital.Based in Dallas, TX, ParkHub is a leading...
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LSQ originated twin $1 million accounts receivable finance facilities ($2 million total) for sister software firms offering access management SAAS solutions for numerous industry verticals.The companies were referred to LSQ by a bank partner. The...
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Aequum Capital completed a two-stage senior term loan facility to refinance venture debt of $6MM including exit fees plus additional debt capital for acquisitions of up to $2.5MM for BrightWorks IT, a portfolio company of Cloud Equity...
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Monroe Capital acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of MOREgroup, Inc. by private equity sponsor Wind Point Partners. Headquartered in Fort Worth, TX, MOREgroup is a family of leading...
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CIBC Innovation Banking provided credit facilities to support Sumeru Equity Partners’ (Sumeru) strategic investment in Toronto-based Q4 Inc., the first IR Ops Platform."With the successful completion of the transaction with our new sponsor, Sumeru...
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Monroe Capital acted as the sole lead arranger and administrative agent in the funding of a senior credit facility to support the growth of Exiger, alongside private equity sponsors Carlyle, Insight Partners, and JMI. Based in New York, NY, Exiger is...
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SG Credit Partners, through its SG Software + Technology division, announced its partnership with RANE Network, a risk intelligence company.
RANE's platform helps organizations identify, manage and mitigate operational risks with network insights...
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Boardwalktech Software Corp, a leading digital ledger platform and enterprise software solutions company, announced that as of March 28, 2024, the Company has secured a three-year $US4.0 million Line-of-Credit ("LOC") facility with Celtic Bank, for...
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A cutting-edge artificial intelligence company based in Salt Lake City faced a funding roadblock during a four-month engagement with a potential funding source. Despite persistent efforts, the needed funding remained elusive, hindering the company's...
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Fetch secured $50 million in debt financing from Morgan Stanley Private Credit. This infusion of capital will prime Fetch for another year of aggressive growth as the now-profitable company accelerates its journey to become the world's first...
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Oxford Commercial Finance recently provided a $2 million Ledgered Line of Credit to an IT Consulting company in Minnesota, specializing in custom computer programming.
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Blackstone Credit & Insurance (“BXCI”) and Aligned Data Centers, a leading technology infrastructure company, announced that Blackstone has provided an initial $600 million senior secured credit facility to support the development of Aligned’s newest...
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Comvest Credit Partners is acting as Administrative Agent and is the Sole Lender on a senior secured credit facility for Billhighway, a Troy, Mich.-based provider of finance management technology solutions for fraternal organizations and associations...
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Progress, a provider of infrastructure software, entered into a Fourth Amended and Restated Credit Agreement, which provides a revolving credit facility in an aggregate principal amount of $900 million, and replaces the Company’s existing secured...
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CIBC Innovation Banking provided growth financing to InsightRX, a San Francisco-based software company leveraging quantitative pharmacology and artificial intelligence (AI) to improve therapeutic decision-making from phase I drug development to the...
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February 26, 2024, 07:43 AM
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SLR Digital Finance funded a $10 million accounts receivable credit facility for GameSquare, a vertically integrated, digital media, entertainment and technology company that connects global brands with gaming and youth culture audiences focused on...
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February 22, 2024, 07:41 AM
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Golub Capital acted as Sole Lender on a unitranche facility to support the acquisition of Agilio Software (“Agilio”) by Five Arrows and TA Associates (“TA”). Terms of the deal were not disclosed.Agilio is a leading provider of healthcare operations...
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February 19, 2024, 07:00 AM
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KKR served as Lead Arranger, Administrative Agent, and investor on a debt financing for Clarience Technologies’ acquisition of Safe Fleet. KKR invested in the transaction through its credit vehicles and accounts. KKR Capital Markets acted as Left...
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February 16, 2024, 07:51 AM
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SLR Digital Finance announces the funding of a $2,000,000 asset-based revolving credit facility which incorporates tiered pricing to match and refinance an SBA loan and allows for additional growth under the revolving line of credit. Founded in 2021...
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February 15, 2024, 07:45 AM
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A hardware and software company secured a large order from a Canadian distributor but encountered a shortfall in working capital to acquire the required inventory. Not willing to miss out on this chance, a finance broker recommended Gateway Trade...
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February 13, 2024, 07:15 AM
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Pagaya Technologies, a global technology company delivering AI-driven product solutions for the financial ecosystem, closed a credit facility with participation from Funds and Accounts managed by BlackRock U.S. Private Capital, UBS O’Connor, JPMorgan...
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February 08, 2024, 07:49 AM
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Aequum Capital recently closed a $5,000,000 revolving credit facility to support the continued growth of LandscapeHub. LandscapeHub was founded on a mission to make the lives of green industry professionals better. The Company connects landscape...
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February 07, 2024, 07:40 AM
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LSQ originated a $6 million account receivable credit facility for a Pennsylvania-based IT services provider.The company was referred to LSQ by a strategic banking partner. The additional working capital will be used to pay off an existing line of...
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February 06, 2024, 07:30 AM
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Golub Capital acted as Administrative Agent and Sole Lead Arranger on a $2.11 billion unitranche facility to refinance Aptean’s existing first lien and second lien broadly syndicated loan facilities.Aptean is a leading global provider of mission...
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February 01, 2024, 07:50 AM
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SG Credit Partners, through its SG Software + Technology division, announced its partnership with AudioEye. AudioEye is a market leader in the website accessibility space that combines the latest AI automation technology with guidance from certified...
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January 24, 2024, 07:10 AM
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White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors, provided a $10 million senior factoring facility to a leading worker management software company. The facility will be used for working capital to help the company...
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January 12, 2024, 07:45 AM
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Clarus Capital completed a new $20 million loan facility for a sponsor-backed IT service provider. The funding will support investments in critical data center equipment to expand capacity and refresh existing technology as part of the company’s...
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January 09, 2024, 07:45 AM
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Thoma Bravo announced the completion of its strategic growth investment in BlueMatrix, a leading end-to-end content creation and distribution platform for investment research providers.Debt financing for the transaction was provided by Golub Capital....
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January 08, 2024, 08:00 AM
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EdgeCore Digital Infrastructure, a wholesale data center developer, owner and operator, completed a $1.9 billion debt financing transaction to fund scalable development on its data center campus in Mesa, Arizona. This transaction provides a template...
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January 05, 2024, 07:37 AM
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BizCap announced its successful collaboration with Aechelon Technology, Inc., a leader in immersive visualization technology. For over 25 years, Aechelon has provided real-time computer graphics systems for flight training, simulation, and...
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December 19, 2023, 07:33 AM
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First Citizens Bank's Technology, Media and Telecommunications Finance business served as lead arranger of $345 million in financing on behalf of DataBank for construction of a new hyperscale data center in the Atlanta, Georgia, area. A leading...
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December 13, 2023, 07:45 AM
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SG Credit Partners, through its SG Software + Technology division, announced its partnership with Living Security. Living Security's mission is to transform human risk to drive dramatic improvement in human behaviors, organizational security culture...
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December 13, 2023, 07:29 AM
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Digi International, a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, entered into a new senior secured credit facility.The new bank debt provides Digi a $250 million senior...
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December 12, 2023, 07:52 AM
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Oxford Commercial Finance recently provided a $2 million asset-based loan to a Washington-based technology company specializing in data security and physical data protection.
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December 07, 2023, 07:20 AM
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CIBC Innovation Banking provided senior credit facilities to support BVP Forge’s strategic investment, and fund the recapitalization of Parsec Automation, a leading Manufacturing Operations Management (MoM) software platform.Parsec Automation enables...
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November 29, 2023, 07:44 AM
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Golub Capital acted as Left Lead Arranger on a $490 million incremental first lien term loan for Colibri Group (“Colibri”). The proceeds will be used to fund two acquisitions and repay an existing second lien term loan. The deal initially launched at...
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November 22, 2023, 08:00 AM
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KORE Group Holdings completed its previously announced transactions to refinance its approximately $300 million term loan with the issuance of a new $185 million five-year term loan from Whitehorse Capital and a $150 million strategic investment from...
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November 21, 2023, 07:46 AM
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US Capital Global entered into a term sheet to provide credit facilities totaling a minimum of $100 million to Laser Light Companies, which is designing and building an advanced global platform that will be the world's first converged on-demand...
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November 17, 2023, 07:09 AM
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Amerisource Business Capital announced the closing and funding of a $4,000,000 senior credit facility for a Texas-based data management firm. The proceeds were used to refinance the company’s existing bank debt and to support its ongoing growth....
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November 15, 2023, 08:03 AM
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Boathouse Capital has completed a growth investment in Ontraport, a leading CRM and marketing automation software provider for small and medium businesses. Ontraport, based in Santa Barbara, CA offers a highly-acclaimed suite of font-office...
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November 14, 2023, 06:00 AM
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Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support add-on acquisitions for Charlesbank Capital Partners’ portfolio company, ImageQuix, a provider of workflow and...
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November 09, 2023, 06:00 AM
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Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the strategic growth recapitalization of Rokolabs by WestView Capital Partners. Additionally...
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November 06, 2023, 07:00 AM
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Situation: CRB Workforce LLC (“CRB”) is a California based workforce solutions provider with an established niche in the entertainment, online education, consumer apparel, and travel sectors providing IT and marketing support. CRB has a track record...
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November 06, 2023, 06:00 AM
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Audax Private Debt announced that, as Joint Lead Arranger, it provided capital via a unitranche credit facility to support the combination of Inflow Communications, LLC, and Amplix, a Gemspring Capital Management portfolio company.Amplix is a...
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November 03, 2023, 06:00 AM
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Tree Line Capital Partners served as Agent and Joint Lead Arranger on an increase to New Charter Technologies’ (“New Charter”) existing credit facility, inclusive of a revolver, funded term loan and delayed draw term loan for future acquisitions....
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October 25, 2023, 07:50 AM
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Mitsubishi HC Capital America provided a Canadian-based IT service provider with a $60 million facility to support their rapidly growing business and free up cash flow. Headquartered in Ontario, the company provides cutting-edge technology and...
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October 17, 2023, 07:10 AM
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Silicon Valley Bank (SVB), a division of First Citizens Bank, provided a debt facility to Harness, a leading software delivery platform provider that was recently recognized on the Forbes 2023 Cloud 100 list. SVB acted as the sole lender on the...
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October 17, 2023, 06:22 AM
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Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support the formation of MDpanel by Aquiline Capital Partners, a New York-based private investment firm. MDpanel is a new...
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October 13, 2023, 08:00 AM
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Situation: Phaxis is a NY based provider of workforce solutions and specializes in delivering tailored solutions to companies across the healthcare, technology, and finance sectors. Phaxis was supported by a bank facility that was not in alignment...
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October 13, 2023, 07:00 AM
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Horizon Technology Finance, an affiliate of Monroe Capital, announced that on September 15, 2023 it provided a $35 million venture loan facility to Mirantis, Inc. ("Mirantis"), of which $20 million has been initially funded.Mirantis frees developers...
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October 11, 2023, 07:32 AM
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Monroe Capital acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisition of ClearCompany Holdings, Inc. (“ClearCompany”) by an affiliate of private equity sponsor, Gemspring Capital...
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October 05, 2023, 07:43 AM
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CIBC Innovation Banking provided a $3.5 million debt financing facility to Edmonton-based, Nanoprecise Sci Corp. (Nanoprecise). The company plans to use the funds for working capital purposes.Nanoprecise is an automated AI-based maintenance solution...
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October 02, 2023, 07:49 AM
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CIBC Innovation Banking provided financing support for Clearhaven Partners’ investment in Korbyt, an industry-leading workplace experience platform.The financing will support Clearhaven’s investment in the company and Korbyt’s growth trajectory by...
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September 29, 2023, 07:45 AM
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Oxford Commercial Finance recently provided a $5 million asset-based line of credit to a New Jersey-based Healthcare technology company, specializing in telehealth and virtual care platforms.
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September 26, 2023, 07:10 AM
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Golub Capital acted as Administrative Agent, Left Lead Arranger and Joint Bookrunner on a $3.4 billion unitranche facility for Hyland Software (“Hyland”). The proceeds will be used to refinance Hyland’s existing broadly syndicated debt which is made...
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September 21, 2023, 08:00 AM
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Oxford Commercial Finance recently provided a $3.5 million asset-based loan to a technology company in Arizona, specializing in payment technology and secured communications.
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September 21, 2023, 07:00 AM
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Enfusion, a leading provider of cloud-native software-as-a-service (SaaS) solutions for investment managers, entered into a new $100 million revolving credit facility. The lenders under the credit facility are primarily a syndicate of Enfusion’s...
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September 19, 2023, 07:49 AM
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CIBC Innovation Banking provided $13 million in growth capital financing to Performio, an incentive compensation-software company.Performio offers a SaaS platform that unlocks the power of incentive compensation management; saving on the time, money...
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September 14, 2023, 07:45 AM
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Amerisource Business Capital closed and funded a $1,000,000 working capital facility and Equity Co-Investment for a Texas-based technology platform for moving and transportation services. The proceeds were used to provide working capital to support...
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September 11, 2023, 07:40 AM
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Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the strategic growth investment in Hubstaff by WestView Capital Partners. Additionally, Abacus...
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September 05, 2023, 07:28 AM
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B. Riley Securities served as exclusive financial advisor to DynTek, Inc. ("DynTek"), a US-based professional IT services, cybersecurity, and risk management organization, in connection with its strategic investment from Gallant Capital Partners...
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August 29, 2023, 07:40 AM
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Mitsubishi UFJ Financial Group (MUFG) acted as Administrative Agent and Collateral Agent on Sprout Social, Inc.’s new $100 million credit facility. Sprout Social is an industry-leading provider of social media management software. MUFG acted as...
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August 18, 2023, 08:00 AM
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SG Credit Partners, through its SG Software + Technology division, announced its partnership with Modo Labs via an $8 million credit facility. Modo is the only low-code app building platform exclusively designed to deliver a digital campus and...
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August 16, 2023, 07:40 AM
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Trinity Capital announced the commitment of $20 million in growth capital to MacroFab, the comprehensive manufacturing platform for building electronics from prototype to high-scale production.MacroFab oversees an impressive network of more than 100...
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August 16, 2023, 07:39 AM
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CoreWeave, a specialized cloud provider of large-scale GPU-accelerated workloads, secured a $2.3 billion debt financing facility. The funding was led by Magnetar Capital and funds managed by Blackstone Tactical Opportunities (“Blackstone”) with...
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August 04, 2023, 07:07 AM
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Stellus Capital Management announced that its affiliates provided senior debt financing in support of Gauge Capital’s partnership with Craftable, a leading hospitality-focused SaaS platform that provides back-of-house automation and management to the...
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August 02, 2023, 07:00 AM
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MidFirst Business Credit (MFBC) provided a $25 million working capital facility to iT1 Group. Headquartered in Tempe, AZ, iT1 Group is a value-added reseller of computers and hardware and custom software solutions that combines business relationships...
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August 01, 2023, 07:40 AM
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Encina Private Credit served as Revolver Agent and Term Loan lender for a Senior Secured Credit Facility to support Visual Edge IT™ (VEIT) long term growth. Visual Edge IT, which specializes in managed IT services and security, cloud computing, and...
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Runway Growth Capital closed a senior secured term loan of $40 million to Elevate Services, Inc., a global law company providing software and services to law departments of over ten percent of the Global 1000 and more than half of the Global 100 law...
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Connectbase secured a $16 million debt facility from Silicon Valley Bank, a division of First Citizens Bank, to be used for growth and market expansion.The news comes on the heels of several major announcements, including the company's first...
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Oxford Finance provided a $42 million senior debt facility to Amino Health, a rapidly growing digital health company.The senior debt facility will enable Amino to accelerate its growth plans, enhance its technology infrastructure, and expand its...
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CIBC Innovation Banking provided Senior Credit Facilities to support BVP Forge’s strategic investment and fund working capital in Medisolv, a leading healthcare quality management platform.Medisolv helps improve the quality of patient care and...
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CIBC Innovation Banking provided growth financing to KeyOps, a Toronto-based insights and engagement platform that connects physicians to life science companies. KeyOps will use the funds to invest in product development and expansion into the US...
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DH Capital, a division of Citizens, served as financial advisor to Patria Investments on the sale of ODATA to Aligned Data Centers.Founded in 2015 and based in São Paulo, Brazil, ODATA, now known as ODATA – An Aligned Data Centers Company, is among...
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6sense, a leading platform to revolutionize the way B2B organizations create, manage and convert pipeline to revenue, secured new debt financing totaling $100 million comprising a senior secured revolving credit facility from Silicon Valley Bank...
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CIBC Innovation Banking acted as the lead arrangement of a $60 million syndicated debt financing commitment for Indianapolis-based Bloomerang, LLC (Bloomerang), a complete donor relationship management solution for thousands of small and medium-sized...
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Augmedix, a healthcare technology company that delivers industry-leading ambient medical documentation, amended its existing senior secured term loan facility with Silicon Valley Bank (“SVB”), a division of First Citizens Bank, which may extend the...
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Rubicon Technologies, a leading digital marketplace for waste and recycling and provider of innovative software-based products for businesses and governments worldwide, announced the completion of its final key strategic finance goal, as previously...
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SG Credit Partners, through its SG Software + Technology division, announced its partnership with Emporos via a $15 million credit facility.
Emporos is a Pharmacy Commerce System, including a cloud-based Point of Sale (POS), that enables pharmacy...
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Amerisource Business Capital closed and funded a $3,000,000 senior credit facility for a Texas-based information technology services provider serving the construction industry. The proceeds were used to support the company’s ongoing growth and...
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TTM Technologies, a leading global manufacturer of technology solutions including mission systems, radio frequency (“RF”) components and RF microwave/microelectronic assemblies and printed circuit boards (“PCBs”), announced the closing and...
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Horizon Technology Finance provided a $30 million venture loan facility to SafelyYou, Inc., of which $10 million has been initially funded.SafelyYou has developed an innovative remote care platform that combines real-time AI video technology with a...
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Climb Global Solutions, a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, signed a new five-year, $50.0 million secured revolving credit facility with JPMorgan Chase on May 18...
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BizCap announced its successful collaboration with CodeScience, an independent software development and services vendor specializing in developing bespoke, top-performing Salesforce applications and enterprise solutions since 2008. Despite the...
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BizCap, a commercial finance firm established in 2002, has secured a multi-million dollar senior debt investment supporting the hyper growth of Oakwolf Group, a top provider of Healthcare IT (HCIT) services and solutions throughout the United States....
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Monroe Capital acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisition of Medusind by private equity sponsor Alpine Investors.Founded in 2002 and based in Miami, Florida, Medusind is...
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DataBank, a leading provider of enterprise-class edge colocation, interconnection, and managed cloud services, secured another $350 million in financing to fund the ongoing expansion of its edge data center footprint. Today, DataBank is the...
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the strategic investment and future growth of Amelia, alongside private equity sponsor BuildGroup. Based in New York, Amelia is...
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Encina Private Credit served as Joint Lead Arranger and Joint Bookrunner for a $155 million senior secured credit facility supporting a global technology focused private equity firm for the acquisition of a leading provider of cloud-based enterprise...
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Social Mobile, a leader in delivering custom enterprise mobility solutions, secured a $35 million senior credit facility from Citi."Social Mobile has never received outside capital to grow its business until now. This credit facility from Citi is a...
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Austin Financial Services closed a $5 million AR only facility to an IT Services Company. Proceeds from AFS’ revolver were used to refinance the Company’s existing bank facility and provide ongoing working capital for the Company’s growth...
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Socure, a leading provider of digital identity verification and fraud solutions, entered into a $95 million, three-year credit facility with J.P. Morgan, Silicon Valley Bank, and KeyBanc Capital Markets. This line of credit will further strengthen...
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Citizens M&A Advisory served as the financial advisor to Isos Technology on its acquisition of HyperVelocity, an Atlassian professional services firm with more than 49 Atlassian-accredited specialists. This follows Isos Technology’s recent...
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CareCloud, a leader in healthcare technology solutions for medical practices and health systems nationwide, announced that Silicon Valley Bank increased its secured line of credit to $25 million to support future growth. The term of the line of...
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February 22, 2023, 07:35 AM
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Crayhill Capital Management closed a $200 million receivables financing facility with Stenn Technologies, a UK-based SME finance platform. The facility, which will initially be $200 million, expandable to up to $400 million, is collateralized by a...
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February 17, 2023, 07:53 AM
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Converge Technology Solutions Corp. a services-led, software-enabled IT & Cloud Solutions provider, increased its $500 million global revolving credit facility to $600 million under its accordion feature on its existing credit terms. J.P. Morgan and...
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February 10, 2023, 07:41 AM
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SG Credit provided a growth capital facility to Promenade. Promenade (formerly Bloomnation) is a SaaS platform for local businesses seeking a comprehensive eCommerce presence and solution. The Company began as a specialized online marketplace for...
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February 08, 2023, 07:37 AM
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Gateway Trade Funding partnered with another lender to complete a facility consisting of stretch finance, factoring, and purchase order financing for a tech company.A technology business experiencing tremendous growth had just won a new large...
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February 07, 2023, 07:00 AM
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Abacus Finance Group, a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of lower middle-market companies, announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior...
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January 31, 2023, 07:00 AM
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SLR Digital Finance completed a three-year accounts receivable based credit facility for Alpha Precision Media, a leading advertising technology company providing managed service campaigns across the Amazon Ads ecosystem. Alpha drives results for its...
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January 19, 2023, 07:46 AM
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VIQ Solutions, a global provider of secure, AI-driven, digital voice and video capture technology and transcription services, entered into a senior secured loan with Beedie Investments Ltd. (the "Lender"), pursuant to which the Lender will make...
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January 17, 2023, 07:55 AM
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Monroe Capital acted as administrative agent and sole lead arranger on the funding of a senior credit facility to support the acquisition of ITK Solutions Group LLC (“ITK”) by Argano, an existing portfolio company of Trinity Hunt...
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January 10, 2023, 08:02 AM
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Stellus Capital Management announced that its affiliates provided senior debt financing and an equity co-investment to support QHP Capital, L.P.’s (“QHP”) investment in COPILOT Provider Support Services, LLC.Founded in 2010 and headquartered in...
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January 10, 2023, 07:34 AM
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SkyWater Technology signed a new $100 million three-year senior secured revolving credit facility that expands the company’s available borrowing capacity. The new credit facility contains an accordion feature that allows the company to increase the...
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January 04, 2023, 07:58 AM
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Citizens M&A Advisory served as joint M&A advisor to QinetiQ Group plc on its recent acquisition of Avantus Federal from NewSpring Holdings. The transaction was valued at approximately $590 million, including approximately $70 million in tax benefits...
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December 22, 2022, 07:10 AM
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SLR Digital Finance funded a $5 million credit facility for Audigent, the leading data activation, curation and identity platform for the media industry. Audigent’s next-generation curated marketplaces – SmartPMPs™, ContextualPMPs™, and...
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December 20, 2022, 07:43 AM
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OppFi, a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, announced that subsidiaries of the Company have closed a $150 million credit facility with an affiliate of Castlelake L.P....
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December 20, 2022, 07:35 AM
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CIBC Innovation Banking announced the lead arrangement of a $45 million syndicated debt financing for Atlanta-based Azalea Health, a leading provider of electronic health records and revenue cycle management for community-based healthcare...
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December 16, 2022, 07:55 AM
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Quotient Technology, a leading digital promotions and media technology company, completed its previously announced $105 million non-dilutive debt financing. On November 30, 2022, Quotient entered into a Financing Agreement with PNC Bank, with a...
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December 07, 2022, 06:00 AM
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Sunbit, the company building financial technology for everyday expenses, closed a $250 million revolving debt facility with an affiliate of Credit Suisse AG, with access provided by Sector Financial, Inc., a Credit Suisse AG affiliate, and Waterfall...
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December 06, 2022, 07:40 AM
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Software intelligence company Dynatrace closed a new $400 million, five-year senior secured revolving credit facility through a syndicate of banks led by BMO Harris Bank, with Dynatrace LLC, a wholly-owned subsidiary of Dynatrace, Inc., as borrower....
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December 05, 2022, 08:00 AM
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SSG Advisors, acted as the investment banker to Xeeva, Inc., a portfolio company of Peak Equity Partners, in the sale of its outstanding stock to Simfoni Limited, a portfolio company of PeakSpan Capital, LLC. The transaction closed in November...
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December 02, 2022, 07:39 AM
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GoDaddy Inc., Go Daddy Operating Company, LLC and GD Finance Co, LLC, closed the credit agreement refinancing announced on October 21, 2022. In connection with the closing, Borrowers entered into a Sixth Amendment to the Second Amended and Restated...
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November 11, 2022, 07:52 AM
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Runway Growth Capital closed a long-term senior secured credit facility of $75 million for Brivo Systems LLC (“Brivo”), a leading provider of cloud-based access control and smart building technologies. Brivo will use the capital to continue...
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November 09, 2022, 08:00 AM
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Quotient Technology, a leading digital media and promotions technology company, entered into a commitment letter with PNC Bank, pursuant to which PNC, subject to terms and conditions stated in the letter, has committed to provide the Company with a...
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November 09, 2022, 07:40 AM
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CIBC Innovation Banking provided a growth capital facility for San Jose-based SupportLogic, Inc., a support experience (SX) platform designed to proactively improve customer experience and revenue retention.The SupportLogic platform leverages AI and...
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November 04, 2022, 07:39 AM
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ePlus announced that its wholly-owned subsidiaries ePlus Technology, ePlus Technology Services and SLAIT Consulting, LLC recently entered into an amendment to their credit agreement with their lenders for which Wells Fargo Commercial Distribution...
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November 02, 2022, 07:33 AM
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Horizon Technology Finance provided a $17 million venture loan facility to Robin Healthcare, Inc. ("Robin"), of which $7 million has been initially funded.Robin is changing the administration of healthcare enabling doctors to spend more time with...
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October 25, 2022, 07:44 AM
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Extended Care Professional (“ECP”) is a SaaS-based company that provides a suite of integrated EHR, eMAR, and other software tools to assisted living facilities and the pharmacies that serve them. ECP’s product suite automates med-passing workflows...
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October 19, 2022, 07:47 AM
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Avid, a leading technology provider that powers the media and entertainment industry, entered into an amended secured credit facility with JPMorgan Chase Bank and a syndicate of banks, including $186.7 million in senior secured term loans and a $120...
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October 14, 2022, 07:07 AM
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BWX Technologies closed on an amended and restated credit agreement with Wells Fargo Bank and other lenders that increases the company’s liquidity while improving a number of key terms for BWXT. The amended and restated credit agreement, among other...
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October 13, 2022, 07:08 AM
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Bloomreach entered into a $30 million, three-year credit facility with J.P. Morgan, further strengthening the company's financial position as it continues to scale its commerce experience solutions to businesses worldwide. The $30 million base...
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October 05, 2022, 07:38 AM
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Espresso Capital provided Innovapptive, a digital transformation pioneer, with a $15 million credit facility. Innovapptive, whose platform connects frontline maintenance workers and warehouse operations with back-office systems through easy-to-use...
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October 04, 2022, 07:24 AM
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Dynasty Financial Partners closed a $50 million revolving credit facility with Royal Bank of Canada (RBC) acting as sole Administrative Agent, and UMB Bank and J.P. Morgan joining RBC as Joint Lead Arrangers and Joint Book Runners. Citibank as well...
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September 29, 2022, 07:33 AM
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VerifyMe entered into a new debt facility with PNC Bank and repaid all outstanding principal and interest on the promissory note issued in connection with the PeriShip acquisition.The new debt facility includes a $1 million revolving line of credit...
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September 28, 2022, 07:39 AM
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CIBC Innovation Banking provided growth capital financing to Userlane, a software company based in Germany. Userlane will use the funds to expand its suite of products that help companies master enterprise software and associated processes more...
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September 21, 2022, 07:40 AM
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Citizens provided a $50 million credit facility to Charlotte, N.C.-based Crosslake Technologies. Citizens is Left Lead Arranger and Administrative Agent. The credit facility consists of a $25 million revolving line of credit and a $25 million term...
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September 16, 2022, 07:56 AM
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support ASG II’s acquisition of Hotel Effectiveness. ASG II is an existing portfolio company of Alpine Investors. Based in San Francisco...
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September 09, 2022, 07:50 AM
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization of Premiere Digital Services (“PDS”), a portfolio company of Clarion Capital Partners.Founded in 2008, PDS...
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August 17, 2022, 07:35 AM
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Sabre Corporation refinanced a portion of its existing indebtedness. Sabre incurred no additional indebtedness as a result of the refinancing above the refinanced amount, other than amounts covering the original issue discount (OID), certain interest...
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August 16, 2022, 07:49 AM
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Crown Partners announced that Inseego Corp. (“Inseego”), has closed on a $50 million senior debt facility with Siena Lending Group LLC. Crown Partners served as exclusive financial advisor to Inseego in connection with this transaction....
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August 11, 2022, 08:00 AM
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Quisitive Technology Solutions executed a third amendment to its existing credit facility (the “Credit Facility”) with a syndicate of institutions led by Bank of Montreal and including Desjardins Capital Markets that, among other things, provides for...
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August 05, 2022, 07:00 AM
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8x8, Inc., a leading integrated cloud communications platform provider, announced a new $250 million senior secured term loan facility in a transaction led by Francisco Partners. Under the credit agreement, the Company intends to use the facility to...
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August 04, 2022, 07:25 AM
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Converge Technology Solutions refinanced its existing $300 million ABL credit facility with a new five-year $500 million global revolving credit facility led by J.P. Morgan and Canadian Imperial Bank of Commerce as joint lead arrangers, with the Bank...
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Airbase, a spend management platform for mid-market and enterprise companies, announced $150 million debt financing led by Goldman Sachs.This latest funding, which closed this month, will allow Airbase to expand its innovative charge card program to...
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Divergent Technologies closed a new $60 million venture loan facility led by Horizon Technology Finance, and a new $20 million revolving line of credit provided by Bridge Bank, a division of Western Alliance Bank. The new facilities follow...
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Runway Growth Capital closed a senior secured term loan of $50 million to Interactions. The capital will be used to refinance existing debt and provide growth and working capital.Interactions is a leader in the enterprise conversational AI space with...
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Citizens provided incremental financing to San Francisco-based PRO Unlimited Global Solutions Inc. PRO Unlimited is currently owned by EQT Partners.Established in 1991, PRO Unlimited is a leading provider of end-to-end contingent workforce management...
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X1 is a market leader in remote preservation and ESI collection software. The Company’s products are utilized by F500 companies, law firms, and government agencies for legal, compliance, and governance purposes.
X1 required growth capital to...
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OppFi, a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, announced the Company has more than doubled one of its existing credit facilities with affiliates of Atalaya Capital Management LP (...
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Ares Management Corporation announced that funds managed by its Infrastructure Debt strategy have committed a delayed draw sustainability-linked debt facility to EdgeConneX®, a leading global provider of full-range data center solutions.
The new...
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CIBC Innovation Banking provided new debt financing for Chicago-based NowSecure, a mobile application security and privacy software company. NowSecure plans to use the capital to further invest in its advanced application security testing solutions...
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ZenFi Networks, a leader of digital infrastructure solutions in the New York and New Jersey metro region, secured $175 million in Senior Secured Credit. The credit facility will be used to refinance existing debt and support continued growth...
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CIBC Innovation Banking provided $35 million of growth capital financing to Salt Lake City-based Impartner Inc. (“Impartner”), a leading partner relationship management (PRM) platform. Impartner plans to use the financing to increase its investments...
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Aligned Data Centers, a leading technology infrastructure company offering innovative, sustainable and adaptive Scale Data Centers and Build-to-Scale solutions for global hyperscale and enterprise customers, increased its sustainability-linked loan...
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Rallio is a social media management SaaS platform that provides brand control and reputation management solutions to franchise businesses. The Financing Situation: Rallio was seeking non-dilutive growth capital for opportunistic M&A and to execute...
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Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a Maryland-based data solutions firm. The proceeds were used to provide working capital for the company’s rapid growth. Allison Billings, Regional...
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Stellus Capital Management announced that its affiliates provided senior debt financing and an equity co-investment in support of Abry Partners’ investment in Inoapps Ltd.. Inoapps, led by CEO Andy Bird, is an award-winning global Oracle partner...
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Pluribus Technologies entered into an agreement for a new three-year, $42.0 million credit facility with National Bank of Canada. The New Facility replaces Pluribus' existing facilities that were set to mature at various intervals between 2022 to...
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Pathlight Capital is serving as the Administrative Agent on the recently funded $355,000,000 Senior Secured Credit Facility for iFIT Health & Fitness Inc., a global leader in connected fitness and interactive content with its extensive portfolio of...
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E2open Parent Holdings, a network-based provider of a cloud-based, mission-critical, end-to-end supply chain management platform, amended and upsized its existing credit facility with an incremental term loan provided by Golub Capital.Under the terms...
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Smith Micro Software announced that on March 31 2022, the Company entered into a secured revolving credit facility with Wells Fargo Bank. This revolving line of credit provides the Company with borrowings of up to $7.0 million that can be utilized to...
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support FFL Partners’ investment in Optomi Professional Services (“OPS”).Founded in 2012 and headquartered in Atlanta, OPS provides...
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White Oak Global Advisors arranged and closed a $100 million term loan to support the acquisition of a large US-based multi-channel IT services provider by a Canadian IT services platform. White Oak’s term loan alongside a $40 million asset-based...
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Audax Private Debt announced that, as a Co-Lead Investor, it provided Mezzanine Notes to support Sentinel Capital Partners’ investment in TriMech.Headquartered in Richmond, VA, TriMech sells and services engineering software, 3D printers and...
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Overhaul, a software-based, supply-chain visibility, integrity, and security solution for leading enterprises shipping freight globally, announced that HSBC Bank USA has provided financing to support innovation and growth ambitions into new, global...
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Grid Dynamics Holdings, a leader in enterprise-level digital engineering services and solutions, obtained a new revolving line of credit facility with JPMorgan Chase Bank. The credit facility is up to an amount of $30 million for a period of three...
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Espresso Capital provided Echosec Systems, a leading open-source intelligence software company, with a $10 million credit facility. Relied upon by security and intelligence teams to monitor social media and dark web networks, the company will use the...
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Sabre Corporation refinanced a portion of its existing indebtedness. Sabre incurred no additional indebtedness as a result of the refinancing above the refinanced amount, other than amounts covering certain interest, fees and expenses. The...
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CIBC Innovation Banking announced $12 million of growth financing for Dublin-based Phorest Salon Software (“Phorest”), a leading provider of online booking and management software for salon owners. Phorest will use the capital to expand its market...
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Buyerlink, a leading online marketplace for performance-based marketing, secured a $63 million credit facility led by JPMorgan Chase. A One Planet Group company, Buyerlink is actively seeking targeted acquisition opportunities, specifically those in...
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The Company: A bootstrapped communications SaaS platform catering to the insurance industry. The Financing Situation: An entrepreneur with extensive insurance industry experience had an executed LOI to acquire the Company. The sellers wanted a quick...
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Trinity Capital provided a $25 million facility to Cepton Technologies. The transaction was completed prior to Cepton Technologies' closing of the merger with Growth Capital Acquisition Corp, now renamed to Cepton Inc. $10 million was drawn under the...
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Fluor Corporation increased its credit facility to $1.8 billion and extended the maturity to February 2025. This facility includes an ESG-linked pricing option, which provides the opportunity to further lower the Company’s overall borrowing costs....
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February 22, 2022, 07:46 AM
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Runway Growth Capital announced the close of a senior secured term loan commitment of $30 million to EPIC IO Technologies, a global leader in solving Big Data challenges in multiple markets, by leveraging Artificial Intelligence, Internet of Things...
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February 11, 2022, 07:00 AM
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Runway Growth Capital closed a senior secured term loan commitment of $75 million with VertexOne, a recognized leader in SaaS platforms for critical business processes of utilities across North America. VertexOne is an example of a private...
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February 09, 2022, 07:50 AM
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Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Commercial Lending team provided a lending package to facilitate TransCOR Information Technologies’...
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February 08, 2022, 07:50 AM
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SMART Global Holdings completed refinancing transactions via a $275 million Term Loan A Facility and a $250 million undrawn Revolving Credit Facility. Citizens Bank lead the transaction with Santander Bank and Fifth Third Bank acting as Joint Lead...
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February 08, 2022, 07:50 AM
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CIBC Innovation Banking provided a $100 million credit facility to Portland-based Expensify, a payments superapp that helps individuals and businesses around the world simplify the way they manage money. This funding, provided in October 2021, will...
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February 08, 2022, 07:42 AM
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Bridge Bank's Technology Banking Group closed on a $40 million credit facility for Sayari Labs Inc., a Washington, D.C.-based leader in financial intelligence and supply chain risk solutions. The credit facility includes venture debt and a monthly...
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February 01, 2022, 07:40 AM
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Bridge Bank announced its Technology Banking Group provided $7 million in venture debt to Appcues, which builds technology to identify onboarding issues and provide low-code, non-technical solutions to fix them. The deal was led by Brendan Carr and...
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January 31, 2022, 07:22 AM
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Progress entered into an amended secured credit facility in the aggregate amount of $575 million, including a $275 million senior secured term loan and a $300 million revolving line of credit. The credit facility may be incrementally expanded by an...
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January 28, 2022, 07:55 AM
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Rosenthal & Rosenthal completed a $2.5 million asset based lending deal to support the growth capital needs of a company specializing in video remote interpretation technology. A relatively young brand, the company was experiencing tremendous demand...
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January 26, 2022, 07:30 AM
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Nabors Industries closed a secured $350 million revolving credit facility maturing on January 21, 2026. The new credit facility replaces the Company's 2018 Revolving Credit Facility, which would have matured on October 11, 2023. Institutions...
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January 24, 2022, 07:46 AM
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“OpsCompass, along with our solutions company, House of Brick, is entering an exciting phase of accelerated growth in our recurring business offerings,” said Nathan Biggs, OpsCompass CEO. “We are seeing increasing worldwide customer adoption of our...
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January 18, 2022, 07:49 AM
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Spherix Global Insights by private equity sponsor Susquehanna Private Capital. Additionally, Monroe provided...
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January 13, 2022, 07:42 AM
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Boxlight Corporation, a leading provider of interactive technologies, entered into a $68.5 million credit agreement with WhiteHawk Finance, LLC (“WhiteHawk”), providing funding to refinance existing debt, complete the acquisition of FrontRow Calypso...
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January 06, 2022, 07:55 AM
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Atento S.A., one of the world's five largest providers of customer relationship and business process outsourcing (CRM / BPO) services and sector leader in Latin America, entered on December 23, 2021 a new super senior revolving credit facility with...
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January 03, 2022, 07:00 AM
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Harte Hanks, a leading global customer experience company, obtained a new $25 million secured revolving line of credit with Texas Capital Bank. This new loan agreement will enhance the Company's strategic position and increase its financial...
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December 22, 2021, 07:53 AM
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Main Street Capital Corporation recently completed a follow-on investment in an existing portfolio company. Main Street, along with its co-investor, made the follow-on investment in Hawk Ridge Systems, LLC to support the Company's acquisition of a...
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December 16, 2021, 07:00 AM
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Espresso Capital provided CREtelligent, a one-stop commercial real estate (CRE) due diligence platform, with a $10 million credit facility. The company will use the capital to extend its runway and make strategic investments in its ongoing growth....
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December 15, 2021, 07:57 AM
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SmartRent entered into a $75.0 million Senior Secured Revolving Credit Facility with a five-year term. The Revolving Facility is provided by Silicon Valley Bank, serving as Lead Arranger and Administrative Agent, and JP Morgan.The Revolving Facility...
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December 13, 2021, 08:05 AM
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Espresso Capital provided True Fit, the global data and software leader retailers choose to decode fit & size, with a $15 million credit facility. The company will use the capital to make further enhancements to its product and scale its distribution...
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December 09, 2021, 07:58 AM
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365 Data Centers, a leading network-centric colocation provider to carrier, content and enterprise customers in strategic edge markets, today announced that it has refinanced all of its existing debt and secured additional financing commitments from...
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December 09, 2021, 07:20 AM
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Golub Capital acted as Administrative Agent and Joint Lead Arranger on a $1 billion GOLD facility to finance the merger of 2020 Technologies ("2020") and Compusoft by Genstar Capital and TA Associates. GOLD financings are Golub Capital One-Loan Debt...
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December 01, 2021, 08:00 AM
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CIBC Innovation Banking provided a debt facility of $35 million for Atlanta-based Intradiem, a leading provider of automation technology solutions for customer service teams. Intradiem will use the capital to expand its market growth and accelerate...
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December 01, 2021, 07:44 AM
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Horizon Technology Finance provided an additional venture loan, in the principal amount of $5 million, to Everstream Analytics a provider of supply chain risk management software and an existing Horizon portfolio company.Everstream offers AI-powered...
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November 30, 2021, 07:55 AM
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TTEC Holdings, one of the largest, global CX (customer experience) technology and services innovators for end-to-end digital CX solutions, announced that on November 23, 2021 it amended and extended its credit facility, increasing the total...
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November 30, 2021, 07:20 AM
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KBR announced that on November 18, 2021, the company successfully closed the fifth amendment to its credit agreement dated April 25, 2018, as previously amended. According to an SEC filing, Bank of America acted as administrative agent, swing line...
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November 29, 2021, 07:57 AM
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mCloud Technologies, a leading provider of AI-powered asset management and Environmental, Social, and Governance ("ESG") solutions, is amending its credit facility with ATB Financial.The ATB credit facility is a C$5,000,000 (US$3.9 million) margined...
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November 29, 2021, 06:00 AM
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Digital Realty, the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, amended, extended, and upsized its existing global revolving credit facility from $2.35 billion to $3.0 billion. Pricing...
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November 22, 2021, 07:45 AM
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Monroe Capital acted as administrative agent and sole lead arranger on the funding of a $70.0 million senior credit facility to support the continued growth of Exiger Holdings, Inc., a portfolio company of private equity sponsor, Carrick Capital...
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November 11, 2021, 08:00 AM
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Citizens led $75 million in new credit facilities for Procentrix, a professional and technology services company serving U.S. federal government customers in civilian, homeland security and defense sectors. Citizens is the Left Lead Arranger and...
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November 11, 2021, 07:45 AM
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Team, Inc., a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, entered into a $50 million delayed draw subordinated term loan facility led by Corre Management Partners. TEAM also...
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November 10, 2021, 07:10 AM
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UPSTACK secured $100 million in financing from MidCap Financial and Morgan Stanley Private Credit. MidCap Financial is the Administrative Agent, Sole Arranger and Sole Bookrunner.UPSTACK will use the financing to scale and expand its...
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November 03, 2021, 08:01 AM
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CIT Group announced that its Asset-Based Lending business served as joint lead arranger on a $1.16 billion financing for PRO Unlimited Inc., a leading Integrated Workforce Management (IWM) platform provider. Serving hundreds of the world's most...
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November 03, 2021, 07:55 AM
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CIBC Innovation Banking announced a debt facility of $50 million for Atlanta and Indianapolis-based Terminus Software (“Terminus”), a leading account based marketing platform. Terminus will use the capital to aid in M&A transactions, international...
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November 02, 2021, 08:50 AM
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Medsphere Systems Corporation, the leading provider of affordable and interoperable healthcare IT platform solutions, announced that Wells Fargo has extended a $50 million credit facility that will enable Medsphere to continue its current growth...
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October 28, 2021, 07:44 AM
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Bridge Bank's Capital Finance Group issued a $10 million asset-based line of credit to Shippabo, a cloud-based supply chain-management platform serving the shipping and logistics industries.Shippabo, based in Los Angeles, will use the asset-based...
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October 28, 2021, 07:33 AM
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Tala, the global technology company building the world’s most accessible financial services, received $40 million in debt financing from Victory Park Capital. This financing follows the recent close of Tala’s Series E funding round.The partnership...
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October 27, 2021, 07:40 AM
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SG Credit provided a $1.5MM growth capital facility to a leader in channel management automation for enterprises selling through channel partners. The Company was seeking capital for product development, to expand its team, and to execute on growth...
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October 27, 2021, 07:36 AM
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Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of decile.ten communications (“d10”) by The CM Group, LLC, an existing portfolio company of NaviMed...
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October 26, 2021, 07:35 AM
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OppFi, a leading financial technology platform that powers banks to help everyday consumers gain access to credit, amended its existing $75 million credit facility with Atalaya Capital Management to support the growth of the newly launched OppFi Card...
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October 19, 2021, 07:46 AM
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Dye & Durham Limited, a leading provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals, entered into a new approximately $1.8 billion committed senior...
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October 08, 2021, 08:05 AM
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Citizens M&A Advisory served as the exclusive financial advisor to AcctTwo Shared Services, LLC, a provider of financial management software and solutions, on its acquisition by Baker Tilly US, LLP. AcctTwo delivers curated and tightly integrated...
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October 07, 2021, 07:00 AM
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Oxford Finance closed a senior credit facility and revolving line of credit to Endodontic Practice Partners ("EPP" or "the Company"), a River Cities Capital portfolio company.Proceeds from the transaction will be used to finance acquisitions...
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October 05, 2021, 07:56 AM
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Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the recapitalization of Next Net Media, LLC, a Clearview Capital portfolio company. Abacus also...
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October 04, 2021, 07:42 AM
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CCC Intelligent Solutions completed the successful refinancing of its existing secured credit facility with a new credit agreement comprised of an $800 million senior secured term loan facility and a $250 million senior secured revolving credit...
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September 24, 2021, 07:47 AM
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Kaspien Holdings entered into an amended loan agreement with Eclipse Business Capital ("Eclipse," f/k/a Encina Business Credit, LLC or "Encina"). On February 20, 2020, the Company previously entered into a loan agreement with Encina for up to $25...
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September 23, 2021, 07:31 AM
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CareCloud, a leader in cloud-based healthcare technology and revenue cycle solutions, announced that Silicon Valley Bank increased its secured line of credit, which is currently untapped, to $20 million to support future growth. The term of the line...
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September 23, 2021, 07:17 AM
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Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the recapitalization and growth of Invisors, LLC, a WestView Capital Partners portfolio company....
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September 20, 2021, 07:03 AM
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Avante Capital Partners, a women-owned private credit and structured equity firm, announced the completion of a unitranche debt and equity investment in Genius SIS, LLC (“Genius”) to support a growth investment by Leeds Equity Partners (“Leeds...
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September 20, 2021, 07:00 AM
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SG Credit provided a $4.0 million SaaS acquisition facility to a corporate travel and entertainment software, data integration, and business intelligence (BI) provider for large enterprises and travel management companies.The buyer was an enterprise...
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September 15, 2021, 07:45 AM
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Think Research Corporation entered into a new credit agreement with The Bank of Nova Scotia that will replace its existing credit arrangements with National Bank of Canada. The new Credit Agreement includes a $22 million revolving credit facility, a...
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September 13, 2021, 07:30 AM
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Corsair Gaming, a leading global provider and innovator of high-performance gear for gamers and content creators, completed the successful refinancing of its 2017 credit facilities with borrowings under a new $350 million credit facility, consisting...
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September 07, 2021, 07:47 AM
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TransPerfect, the world's largest provider of language and technology solutions for global business, refinanced its existing credit facility with a new $500 million credit facility (consisting of a $250 million term loan and a $250 million revolving...
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September 03, 2021, 07:40 AM
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Harri, an enterprise Employee Experience platform built for service driven industries, received a significant round of growth financing from Golub Capital as part of a broader funding round totaling $30m. The financing will be used to capitalize on...
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September 01, 2021, 07:58 AM
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Quisitive Technology Solutions, a Microsoft Cloud Services and Payment Solutions Provider, has paid out and retired its existing credit facility with a Canadian Schedule 1 Chartered Bank (the “Bank”) and has entered into a new credit facility with a...
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August 30, 2021, 07:08 AM
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SG Credit Partners provided a $2.75 million term loan to a provider of procurement and spend management software to mid-market businesses. The Company had legacy bank debt from a previous acquisition that was underwritten primarily by cash flow, not...
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August 25, 2021, 07:11 AM
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Huntington Business Credit closed a new $60,000,000 credit facility with TeleTracking Technologies, Inc. on June 28, 2021. Proceeds of the facility were used to refinance existing indebtedness and to provide ongoing working capital growth financing....
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August 17, 2021, 08:00 AM
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Aria Systems secured a $90 million investment from Goldman Sachs Asset Management Private Credit (Goldman Sachs). The capital will be used to accelerate global business expansion and deepen Aria’s penetration in strategic target markets, including...
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August 16, 2021, 06:00 AM
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Ares Commercial Finance provided a $20 million senior secured revolving line of credit to Trading Technologies International, Inc. The company, headquartered in Chicago, IL, provides trade execution software, infrastructure, and data services in...
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August 11, 2021, 07:34 AM
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Drips, the founders of Conversational Texting®, announced that, concurrently with its previously announced growth investment, they established a credit facility with Wells Fargo Capital Finance’s Technology Finance group.The Wells Fargo facility will...
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August 11, 2021, 07:09 AM
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WhiteHawk Capital Partners, a private credit investment manager focused on asset-based financing solutions, entered into an agreement with Stronghold Digital Mining, an environmentally beneficial digital asset miner, to provide a $40 million capital...
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August 04, 2021, 07:37 AM
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GoodData closed on a $45 million credit facility from J.P. Morgan. Building on the company’s recent adoption momentum and the release of the GoodData Cloud Native platform (GoodData.CN), GoodData will use this new financing to grow its global sales...
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Gupshup, the leader in conversational messaging, announced it has raised an additional $240 million in follow-on funding from an industry-leading group of investors including Fidelity Management and Research Company LLC, Tiger Global, Think...
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Aligned, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, has increased its senior secured credit facility, the first-ever U.S....
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Rimini Street closed on the previously announced $90 million five-year senior secured credit facility with approximately $88 million of the borrowings used for the redemption of the remaining Series A Preferred stock and the remainder of the...
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Bridge Bank extended a $5 million monthly recurring revenue (MRR) line of credit to One Medical Passport (1MP), a provider of software that helps ambulatory surgery centers and hospitals streamline their systems.The line of credit is expected to...
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Sabre Corporation refinanced of a portion of its existing indebtedness, including the repayment in full of its Term Loan B facility and its Revolving Credit Loan facility, and termination of the revolving commitments thereunder. Sabre incurred no...
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Tree Line Capital Partners, a direct lender focused on the lower middle market, served as Agent and Lead Arranger for a first lien credit facility to support the growth recapitalization of Promevo, LLC (the “ Company”) by Cohere Capital. Tree Line...
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Rimini Street, a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, entered into a definitive agreement for a $90 million senior...
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Tenable entered into a new credit agreement, which is comprised of a $375.0 million senior secured term loan facility and $50.0 million senior secured revolving credit facility. JPMorgan Chase Bank, Morgan Stanley Senior Funding, Bank of America, and...
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Horizon Technology Finance led a $10 million venture loan to RepTrak Holdings, Inc. ("RepTrak"), of which Horizon funded $5 million and a private investment vehicle managed by Horizon Technology Finance Management LLC, Horizon's advisor, funded $5...
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Horizon Technology Finance led an $8 million venture loan facility to LiquiGlide, Inc., of which Horizon funded $2 million of the initial $4 million draw and a private investment vehicle managed by Horizon Technology Finance Management LLC, Horizon's...
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Monroe Capital acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the refinancing of Argano, and support its recent acquisitions of SCMO2 and Arbela Technologies and future growth opportunities...
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Alida (formerly Vision Critical), creator of the world’s first CXM & Insights Platform has secured a $10 million debt facility from Comerica Bank. The financing was provided by Comerica Bank’s Technology and Life Sciences Division. The funds provide...
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Think Research, a company focused on transforming healthcare through digital health software solutions, entered into an amended credit agreement with National Bank of Canada that provides for a $15 million revolving credit facility and a $10 million...
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Prospect Capital Corporation funded a $55 million first lien senior secured floating rate term loan to support the acquisition of Enseo Holdings, Inc. by an affiliate of H.I.G. Capital, LLC.Enseo is the premier provider of customer experience...
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MidCap Financial provided a $50 million senior revolving credit facility to Transfix, Inc. (“Transfix”), a technology-driven digital freight marketplace. The MidCap Financial credit facility refinanced the company’s prior credit facility and will...
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Securly, Inc. (“Securly”) by private equity sponsor Golden Gate Capital. Founded in 2012 and based in San...
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Huntington Business Credit closed a new $20,000,000 credit facility with an Information Technology Value Added Reseller on April 28, 2021. Proceeds of the facility were used to refinance existing indebtedness and to provide ongoing working capital...
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VidCrunch, a leading web and app video content-based monetization provider and a Google MCM Partner, announced that it secured a multi-million-dollar financing facility from Silicon Valley Bank to expand the company's global sales team, enhance its...
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HomeLight, the real estate technology platform transforming the home buying and selling process for the top real estate agents and their clients, is expanding its financial offerings, HomeLight Trade-In™ and HomeLight Cash Offer™, to top real estate...
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Portside, a provider of cloud-based software solutions for the global business aviation industry, announced an investment of $17 million led by Tiger Global Management, with participation from existing investors including I2BF Global Ventures and...
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SG Credit Partners provided a $2 million growth capital facility to a provider of B2B and B2C telephony-related security services.The Company was seeking non-dilutive growth capital to execute on sales and marketing initiatives and have the ability...
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CIBC Innovation Banking extended a $12.5 million credit facility to CollegeNET, Inc., a software provider to colleges and universities. The credit facility will be used to further scale CollegeNET's business.CollegeNET, Inc. designs and builds...
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The Company: Software as a Service platform that provides AI-powered marketing analytics. The platform provides an end-to-end suite of tools that allow clients to research and measure their marketing investments and maximize ROI. The Financing...
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Gogo announced the pricing and allocation of a 7-year $725 million term loan B (the "Term Loan B") and a 5-year $100 million revolving credit facility (the "Revolver" and together with the Term Loan B, the "Facilities"), marking an important...
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Spire Global signed a growth financing deal consisting of a $70 million convertible term loan with Francisco Partners. In connection with providing the term loan, which is subject to customary closing conditions, including the payoff of Spire’s...
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Runway Growth Capital provided a senior secured term loan of $20 million to Bombora, Inc., a leading intent data solutions provider for B2B (business to business) marketers. The growth capital will be used to help Bombora capitalize on market...
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Citizens M&A Advisory served as the exclusive financial advisor to Telestream in its acquisition of Masstech. Telestream, a portfolio company of Genstar Capital, is a vertical market software business focused on the video space and is a global leader...
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TTEC Holdings amended its credit facility by exercising its accordion feature to increase the total commitments by $300 million to $1.2 billion. Incremental commitments were provided by a syndicate of banks arranged by Wells Fargo, including Bank of...
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Carpenter Technology Corporation completed a $300 million syndicated credit facility by amending and restating the Company’s existing Credit Agreement which had been set to expire on March 31, 2022. The Credit Facility extends the maturity to March...
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CIBC Innovation Banking provided a $10 million credit facility for New York-based MayStreet Inc., an industry-leading market data technology and content provider. The credit facility is available to help the rapidly growing fintech firm further scale...
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Digi International entered into an amended and restated credit agreement with BMO Harris Bank as administrative agent and collateral agent.The new facility provides Digi with a senior secured credit facility consisting of a $200 million senior...
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Tree Line Capital Partners served as last-out lender for a first lien credit facility to support Alianza Inc.’s (“Alianza”) acquisition of CounterPath Corporation. Bridge Bank served as Administrative Agent and provided a first-out term loan and...
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Zoom Telephonic, doing business as Minim, the creator of innovative internet access products, closed on a $13.0 million credit facility in partnership with Silicon Valley Bank in lieu of its previous $5.0 million credit facility. This announcement...
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Sterling National Bank's Asset Based Lending Group provided senior secured credit facilities totaling $25,000,000 to an End-to-End IT Solutions provider in the Midwest. The credit facilities will provide refinancing of existing debt as well as...
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February 25, 2021, 07:24 AM
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Fifth Third Business Capital provided a new $25 million senior revolving line of credit to Consulting Solutions. Consulting Solutions provides information technology staffing services with an expertise in handling a wide variety of IT projects...
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February 19, 2021, 08:00 AM
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Pacific Mercantile Bank provided a $4.0 million revolving line of credit to CRU Data Security Group (“CDSG”), an end-to-end data storage company. The revolving line of credit provided by Pacific Mercantile Bank is part of a debt infusion into CDSG...
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February 18, 2021, 07:40 AM
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Compute North closed its next growth capital round of $25 million in debt financing and equity to expand capacity and enable further growth. The debt capital comes in the form of a senior secured loan from Post Road Group. Post Road Group is a...
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February 16, 2021, 06:10 AM
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CIBC Innovation Banking provided a growth capital facility for Indianapolis-based Bloomerang, Inc. Bloomerang plans to use the capital for its recent acquisition of Nashville, TN-based Kindful, Inc., and to continue its growth momentum.Bloomerang, a...
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February 11, 2021, 06:00 AM
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KLDiscovery announced that certain of its subsidiaries have entered into a new secured credit agreement, dated February 8, 2021 (the “New Credit Agreement”), with Wilmington Trust, National Association and certain lenders which increases...
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February 09, 2021, 05:00 AM
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CIT Group's Technology, Media and Telecommunications business served as co-lead arranger and joint bookrunner for a $165 million financing on behalf of iEnergizer, a leading technology services and media solutions company.The financing, which...
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February 03, 2021, 07:30 AM
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Fifth Third Busines Capital provided a $25 million senior revolving credit facilyt to Phobio, LLC. Phobio provides specialized software and services for OEMs and retailers of electronic devices, utilizing proprietary platforms. Fifth Third Business...
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January 26, 2021, 08:00 AM
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Wells Fargo Bank closed a $10 million revolving credit facility for Qumu Corporation, a leading provider of cloud-based enterprise video technology for organizations of all sizes. The revolving credit facility availability is determined by recurring...
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January 21, 2021, 08:05 AM
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DocuSign, Inc. announced the closing of a new $500 million, five year senior secured revolving credit facility. The facility will be undrawn at closing and carries an accordion feature allowing for an additional $250 million of capacity, subject to...
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January 12, 2021, 08:33 AM
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Antares served as lead arranger and is acting as administrative agent on senior secured credit facilities to support the acquisition of Logibec by Novacap. Headquartered in Montreal, Canada, Logibec is a Montreal-based healthcare software...
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January 07, 2021, 07:38 AM
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Avid Technology entered into a new five-year $180 million term loan and $70 million revolving credit facility with JPMorgan Chase Bank, N.A. and a syndicate of banks. The proceeds from the new term loan, plus available cash on hand, were used to...
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January 06, 2021, 08:00 AM
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Monroe Capital acted as administrative agent on the funding of a senior credit facility to support the acquisition of Confirm Solutions Limited by Dude Solutions, Inc., an existing portfolio company of Clearlake Capital Group, L.P. Confirm software...
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December 29, 2020, 08:20 AM
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Antares served as lead arranger and is acting as administrative agent on senior secured credit facilities to support the acquisition of Logibec by Novacap.Headquartered in Montreal, Canada, Logibec is a Montreal-based healthcare software company.“The...
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December 18, 2020, 07:51 AM
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FGI Worldwide announced the completion of a $40MM ABL facility for ScanSource’s former business in Europe. The facility was used, in part, to fund a portion of the acquisition by a Charlotte based family office and to support the company’s future...
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December 17, 2020, 08:10 AM
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UMB Bank, N.A., through its UMB Capital Finance Accounts Receivable Finance business channel, provided a $2 million credit facility to a Massachusetts-based data analytics service firm specializing as a software value added reseller.The facility will...
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December 16, 2020, 08:49 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth of 3Cloud, LLC (“3Cloud”), a portfolio company of Gryphon Investors.Founded in 2016 and...
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December 08, 2020, 08:55 AM
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Luna Innovations entered into an agreement for a new secured debt facility for $27.5 million. The facility is supplied by PNC Bank. The new agreement includes a three-year $12.5 million term loan facility and a three-year $15.0 million revolving...
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December 04, 2020, 08:20 AM
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EPSG, a leading integrator of payment technology solutions, announced today that it has extended and significantly expanded its existing revolving credit facility with People’s United Bank N.A., a subsidiary of People’s United Financial, Inc. The...
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November 19, 2020, 07:25 AM
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Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of MarkLogic Corporation (“MarkLogic”) by private equity sponsor Vector...
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October 29, 2020, 08:30 AM
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UMB Bank, N.A., through its UMB Capital Finance Accounts Receivable Finance business channel, provided a $5 million credit facility to a Texas based integrator and supplier of video conference systems. The facility will be utilized for working...
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September 24, 2020, 08:57 AM
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Aligned, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announces completion of a $1 billion senior secured credit facility...
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September 17, 2020, 08:54 AM
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Nutanix, a leader in enterprise cloud computing, announced that Bain Capital Private Equity will make an investment of $750 million in Convertible Senior Notes to support the Company’s growth initiatives.“Bain Capital Private Equity has deep...
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August 28, 2020, 07:00 AM
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In the immediate wake of COVID-19, Global 2000 companies moved to slash funding for emerging technologies, such as automation, artificial intelligence (AI), blockchain and 5G, according to new KPMG International research. However, many executives are...
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August 17, 2020, 08:50 AM
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ENGS Commercial Finance Co. announced that its working capital subsidiary, ENGS Commercial Capital (ECC), recently closed and funded a $30 million non-recourse factoring facility for an industry leading market technology services company.For over 40...
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August 06, 2020, 09:10 AM
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J.P. Morgan Asset Management and Hazeltree, a leading provider of cloud-based treasury solutions for investment managers, have partnered to deliver a unique and integrated cash and liquidity management platform to private equity, private credit, real...
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36th Street Capital announced it provided a $10 million lease line of credit to a global cloud computing company. The line will be used to finance new data center equipment to support revenue growth.36th Street Capital is an alternative funding...
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CIBC Innovation Banking is pleased to announce a US$6 million revolving credit facility for Virginia-based Vbrick Systems Inc. (Vbrick), an industry-leading provider of video platform solutions. With operations in North America, Europe and Australia...
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Espresso Capital announced that it has provided Inference Solutions, a global provider of Intelligent Virtual Agents, with a US$8 million credit facility. The San Francisco-based company will use the capital to achieve key milestones prior to...
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SG Credit provided $2 million to an enterprise SaaS platform that enables companies to prepare and oversee RFPs and other business responses with speed, accuracy, and compliance. The private equity backed Company was emerging from an operational...
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February 12, 2020, 08:50 AM
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Harmonic Inc. entered into a Credit Agreement, by and among the Company and Harmonic International GmbH, as co-borrowers (together, the “Borrowers”), certain subsidiaries of the Company from time to time party thereto, as guarantors, and JPMorgan...
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December 27, 2019, 08:55 AM
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Ericsson announced that it has signed an agreement for credit facility with the Nordic Investment Bank (NIB) for $150 million, maturing in 2025. Of these new funds, 98 million will replace credit with NIB that was set to mature in 2021.In addition to...
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December 23, 2019, 08:55 AM
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Vistara Capital Partners announced the oversubscribed final close of its Vistara Technology Growth Fund III LP, reaching its hard cap of US$115 million (CAD $150 million).This quickly follows the fund’s second close of US$75 million in July of this...
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December 11, 2019, 08:50 AM
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GlobalSCAPE, Inc., a worldwide leader in the secure movement and integration of data, announced it has entered into a five-year, $55 million senior secured credit facility with a syndicate of banks led by J.P. Morgan.The new credit facility provides...
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November 19, 2019, 08:45 AM
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CoreSite Realty Corporation, a premier provider of secure, reliable, high-performance data center and interconnection solutions across the U.S., announced that it has extended its debt maturity profile and expanded its credit facility with total...
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November 12, 2019, 08:50 AM
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Blonder Tongue Laboratories, Inc., the oldest designer and manufacturer of cable television video transmission technology in the USA, announced that on October 25, 2019 it consummated a $5,000,000 financing transaction with MidCap Business Credit....
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October 31, 2019, 08:50 AM
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Varagon Capital Partners (Varagon) announced it is serving as Administrative Agent on a senior secured credit facility to support the recapitalization of New Era Technology by Sentinel Capital Partners (Sentinel).Founded in 2013 and headquartered in...
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September 27, 2019, 08:50 AM
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CIT Group Inc. announced that its Technology, Media and Telecommunications business has arranged an $18 million financing package for Denovo Ventures LLC.Denovo, a leading provider of managed IT services and enterprise resource planning (ERP)...
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September 25, 2019, 08:55 AM
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Global Payments Inc. (GPN), a worldwide provider of payment technology and software solutions, successfully closed a new senior unsecured $2 billion term loan and an unsecured $3 billion revolving credit facility on July 9, 2019 in connection with...
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Vishay Intertechnology, Inc. entered into a new $750 million credit facility. The senior secured facility matures on June 5, 2024. The new credit facility replaces a previous credit agreement that provided for an aggregate commitment of $640...
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Kaseya, a provider of IT infrastructure management solutions for both external service providers (MSPs) and internal service providers (IT departments), today announced that it has completed an investment of more than $500 million to accelerate its...
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I.D. Systems, Inc., a provider of enterprise asset management and Industrial Internet of Things (IoT) technology, and Pointer Telocation a leading provider of telematics and mobile IoT solutions, have entered into a definitive agreement whereby I.D....
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Vista Credit Partners (“VCP”), a strategic credit investor and financing partner focused on the enterprise software, data and technology market, announced it has led a $175 million global recapitalization for Meltwater, a global leader in media...
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TTEC Holdings, Inc., a leading global customer experience technology and services company focused on the design, implementation and delivery of transformative solutions for many of the world's most iconic and disruptive brands, amended and extended...
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Pareteum Corporation, a rapidly growing global cloud software communications platform company with a mission to connect every person and every(thing)™, announced that it has closed a $50 million committed senior secured credit facility with Post Road...
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February 27, 2019, 08:00 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of eTERA Consulting (“eTERA”) by HaystackID, an existing portfolio company of Knox Capital...
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February 19, 2019, 10:06 AM
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Pathlight Capital announced it is serving as the Administrative Agent on $97.5 million Senior Secured Credit Facilities to Black Box Corporation, a leading digital solutions provider that helps customers design, build, manage and secure their IT...
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February 12, 2019, 07:42 AM
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Carbonite, Inc., a cloud-based data protection provider, and Webroot Inc., a cybersecurity company, announced that they have entered into a definitive agreement under which Carbonite will acquire Webroot for approximately $618.5 million in cash....
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February 08, 2019, 09:00 AM
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Monroe Capital LLC and SNH Capital Partners (SNH) announced the completion of a second recapitalization of National Credit Center (NCC), an SNH portfolio company. Monroe provided the financing through an upsizing of its senior credit...
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January 29, 2019, 07:17 AM
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Capital One announced that it served as Administrative Agent and Joint Lead Arranger on a $35 million, five-year revolving line of credit for MacStadium, which provides dedicated Mac infrastructure-as-a-service for development teams building apps in...
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January 16, 2019, 07:28 AM
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MB Business Capital Canada, a division of MB Financial Bank, N.A., announced it acted as sole lender and administrative agent on the funding of a $20,000,000 senior revolving credit facility to Markham, Ontario-based CDI Computer Dealers, Inc. (CDI)....
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January 11, 2019, 07:15 AM
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Workhorse Group Inc., an American technology company focused on changing the way the world works by providing sustainable and cost-effective electric-mobility solutions to the transportation sector, has closed a financing in the amount of $35 million...
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January 03, 2019, 08:04 AM
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AloStar Capital Finance successfully agented and closed a committed credit facility for Kellton Tech and its subsidiaries, an information technology and outsourcing company headquartered in India. This strategically meaningful line of credit will...
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November 09, 2018, 07:07 AM
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DreamHost, a global leader in web hosting and Managed WordPress services, announced the completion of a new $18 million credit facility with J.P. Morgan.
“This financing provides DreamHost with substantial economic opportunities and lower borrowing...
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October 31, 2018, 08:00 AM
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Digital Realty, a global provider of data center, colocation and interconnection solutions, announced that it has completed the refinancing of its global credit facilities. The combined facilities total $3.3 billion, consisting of a $2.35 billion...
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October 26, 2018, 08:01 AM
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Ares Commercial Finance announced that it served as agent for a revolving credit facility in support of the acquisition of Iron Bow Technologies (Iron Bow), a leading provider of IT solutions to government, commercial and healthcare clients, by an...
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October 24, 2018, 07:11 AM
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Madison Street Capital, an international investment banking firm, served as exclusive advisor to Sachs Capital Group on its take-private of RMG Networks. Virgo Capital and debt facility provider Merion Investment Partners provided financing in...
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October 24, 2018, 07:00 AM
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LBC Credit Partners (LBC) announced an increase in the America II credit facility to $49.7 million to support the acquisition of Advanced MP Technology, Inc. America II is a portfolio company of Wynnchurch Capital, LLC.LBC served as Agent and Sole...
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October 18, 2018, 07:02 AM
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Vistara Capital Partners announced the launch and first close of its third fund, the Vistara Technology Growth Fund III LP, with a goal to raise $100 million. “Vistara” provides capital in the form of highly flexible debt financing for tech companies...
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October 16, 2018, 07:00 AM
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ShotSpotter, Inc. entered into a Credit Agreement with Umpqua Bank, which the Company intends to use for general working capital purposes. The Umpqua Credit Agreement allows the Company to borrow up to $10.0 million under a revolving loan facility...
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October 03, 2018, 07:19 AM
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MTBC, a provider of revenue cycle and cloud-based healthcare IT solutions, announced that Silicon Valley Bank has increased its secured line of credit, which is currently untapped, to $10 million to support future growth.
"In the year since we...
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September 24, 2018, 07:09 AM
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Abacus Finance Group, LLC (Abacus), a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced that it served as Administrative Agent and Lead Arranger for...
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September 24, 2018, 07:00 AM
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DataBank Ltd., a provider of business solutions for data center, cloud, connectivity, and managed services, announced the placement of an additional $25 million upsize to its existing senior secured first-lien Term Loan B. The incremental Term Loan...
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August 31, 2018, 07:07 AM
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Wells Fargo Capital Finance completed a $20 million credit facility for EVOTEK Inc., a leading IT solutions provider. The credit facility will support EVOTEK’s growth, as the company continues to meet unprecedented demand for its services, which...
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August 16, 2018, 08:10 AM
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a $2 million credit facility to new client DirectScale, a cloud-based software platform that supports direct and social selling companies and their salesforce. Proceeds...
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August 15, 2018, 07:00 AM
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Cloud storage provider Tintri, Inc. announced that it filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. Tintri will continue to operate its...
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Micron Technology, Inc. entered into a Credit Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent, Collateral Agent, Joint Lead Arranger, and Joint Book Runner, HSBC Securities (USA) Inc., as Joint Lead Arranger and Joint Book Runner...
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AloStar Capital Finance successfully agented and closed a $12 million committed credit facility to Contec, LLC, a portfolio company of an affiliate of the Garrison Investment Group, a testing and repair services company servicing the cable television...
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John Bean Technologies Corporation and John Bean Technologies Europe B.V. entered into a Credit Agreement with Wells Fargo Bank, National Association, as administrative agent, and the other lenders party thereto. The Credit Agreement provides for a...
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IQVIA Inc., a wholly-owned subsidiary of IQVIA Holdings Inc. announced that it has placed approximately $1.65 billion of USD and EUR term B loans.Accoring to an 8K filing, Bank of America, N.A. served as administrative agent and as collateral agent....
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $21 million senior credit facility to support the acquisition of RedZone Robotics, Inc., led by private equity sponsor, Milestone Partners. Based...
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SMART Global Holdings, Inc. announced that it has acquired Penguin Computing, Inc., a privately held company and a leader in specialty compute and storage solutions targeting applications in Artificial Intelligence (AI), Machine Learning (ML) and...
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Model N, Inc. and certain of its subsidiaries entered into a Credit Agreement by and among the Company, Wells Fargo Bank, National Association, as Administrative Agent,, and the lenders party thereto, pursuant to which the Lenders extended a term...
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Ferro Corporation announced that it has successfully closed on a new $820 million senior-secured term loan facility and increased its senior-secured revolving credit facility to $500 million. The Company will use the proceeds to repay outstanding...
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Super Micro Computer, Inc., a global leader in high-performance, high-efficiency server, storage technology and green computing, today announced that the Company has closed an expanded new credit facility, replacing its existing amended credit...
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Cinedigm Corp. announced that it entered into a credit facility with East West Bank consisting of a maximum of $19 million in revolving loans at any one time outstanding having a maturity date of March 31, 2020 which may be extended for two...
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Wells Fargo Supply Chain Finance, a division of Wells Fargo & Company, completed a $33 million credit facility for Penguin Computing, Inc., a supplier of high performance computing (HPC), enterprise data center and cloud solutions. The credit...
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Capital One N.A. Financial Sponsors Group announced that it led a $190 million senior secured credit facility to support the recapitalization of Situs Holdings (Situs) by Stone Point Capital (SPC). Capital One acted as joint lead arranger and...
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Private equity buyout funds are increasingly becoming involved in the information technology sector, particularly as some technology companies become larger and more mature, Preqin reported. Sixteen information technology-focused buyout funds closed...
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Caltius Structured Capital announced the closing of a unitranche debt and common equity investment in Imagenet, LLC. The investment was used by the company to refinance debt, fund a shareholder dividend and provide growth capital.
Founded in 2000 in...
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Capitolis, a technology provider for the capital markets sector announced two rounds of financing, a Series A investment of $20 million led by Index Ventures, and a prior $9 million Seed round led by Sequoia Capital.
Capitolis was founded in 2017 by...
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Honeywell International Inc. entered into a $1.5 billion 364-Day Credit Agreement with the banks, financial institutions and other institutional lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, Goldman Sachs Bank USA, as...
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February 21, 2018, 07:22 AM
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Avidbank Specialty Finance, a Division of Avidbank that specializes in technology and asset-based lending, has provided $7.5 million in credit facilities to Zumasys, Inc. The facilities include a working capital line of credit and term debt that will...
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February 13, 2018, 07:10 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $45 million senior credit facility to refinance the existing debt facility and to support the future growth of a technology maintenance...
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February 06, 2018, 07:16 AM
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Xplore Technologies, a provider of rugged tablet PCs, announced that it has entered into an amendment to its secured line of credit with Bank of America increasing the maximum revolver amount to $20 million. The original facility was entered into in...
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January 29, 2018, 07:22 AM
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YieldStreet, the alternative investment platform working to change the way wealth is created, announced that it has closed a $113 million financing round. The round includes $12.8 million of Series A equity financing co-led by Greycroft and Raine...
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January 12, 2018, 07:10 AM
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Wayside Technology Group,Inc., and certain of its wholly-owned subsidiaries, entered into a $20 million revolving credit facility with Citibank, N.A. to a Second Amended and Restated Revolving Credit Loan Agreement, Second Amended and Restated...
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November 21, 2017, 07:09 AM
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Abacus Finance Group, LLC (Abacus), a New York-based direct lending company, announced that it served as Administrative Agent and Lead Arranger for senior secured credit facilities to support the leveraged buyout of BCC Software LLC, (BCC) by...
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November 07, 2017, 07:11 AM
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Rackspace announced that it signed an agreement to acquire Datapipe, one of the world's leading providers of managed services across public and private clouds, managed hosting and colocation. This acquisition, the largest in Rackspace history, brings...
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September 12, 2017, 07:42 AM
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Inseego Corp., a global provider of software-as-a-service (SaaS) and mobile broadband solutions for the Internet of Things (IoT), entered into a Credit Agreement with certain funds managed by Highbridge Capital Management, LLC on August 23, 2017....
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August 24, 2017, 07:03 AM
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Iron Mountain Incorporated, the storage and information management services company, announced that it has closed the amendment and restatement of its existing revolving credit facility of $1.75 billion and its existing $250 million term loan A with...
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August 23, 2017, 07:40 AM
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Financial institutions’ drive to become more “experience-driven” is opening the door to potential competition from global technology giants, according to a report published today by the World Economic Forum.According to the report, Beyond Fintech: A...
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August 22, 2017, 09:00 AM
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Shutterfly, Inc., an online photo publishing company, has entered into a Credit Agreement by and among the Company, the lenders from time to time party thereto, and Morgan Stanley Senior Funding, Inc., as administrative agent and collateral agent...
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August 18, 2017, 07:44 AM
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Retail banks in the United States will spend $20.2 billion on hardware, software, services, and internal IT staff to develop and implement digital transformation (DX) initiatives in 2017, growing at an average compound annual growth rate (CAGR) of 22...
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August 15, 2017, 09:00 AM
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FastPay, a financial technology company that provides lending and payment solutions to digital businesses, along with Tennenbaum Capital Partners, LLC announced the close of an $80 million international credit facility for Videology. Videology is a...
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August 10, 2017, 07:09 AM
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Upland Software, Inc., a provider of cloud-based Enterprise Work Management applications, announced a credit facility with Wells Fargo Capital Finance and CIT Bank, N.A. as joint lead arrangers, and including Goldman Sachs Bank USA, Regions Bank, and...
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August 07, 2017, 07:24 AM
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Glowpoint, Inc., a managed service provider of video collaboration and network applications, announced that on July 31, 2017, the company completed a recapitalization of its existing debt obligations with support from Western Alliance Bank and Super...
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August 02, 2017, 07:17 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $65 million senior credit facility to support the acquisition of an enterprise management vertical software company by a technology private...
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August 01, 2017, 07:17 AM
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Capital One announced that it served as the administrative agent for a $45 million senior credit facility to Black Mountain. The facility consists of a $40 million term loan and a $5 million revolver. Founded in 2007 and headquartered in San Diego...
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Wells Fargo Capital Finance announced that its Supply Chain Finance Group acted as agent and sole lender for a $100 million senior secured credit facility for FCN Inc., a woman-owned, small business that provides networking services, storage...
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White Oak Global Advisors and its affiliates sourced, arranged and provided a cornerstone commitment, alongside early commitments from funds advised by Permira Debt Managers, and H.I.G. WhiteHorse completing the club, for a €164 million Senior...
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Mercury Systems, Inc. -- a commercial provider of secure sensor and mission processing subsystems -- announced that it has amended its existing revolving credit facility, increasing and extending the facility into a $400 million, 5-year revolver...
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Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $70 million syndicated credit facility to existing client Alert Logic, a leader in Security-as-a-Service solutions for the cloud. Proceeds from the facility...
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MacStadium.com, a Mac hosting authority and provider of Mac Pro private cloud infrastructure-as-a-service (IaaS), announced that it has received a $3 million debt facility from Silicon Valley Bank. MacStadium recently raised a growth capital...
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MediaMath, an independent programmatic company for marketers, announced a new $175 million senior secured credit facility, led by Goldman Sachs, in partnership with Santander Bank. MediaMath will use this new line of credit to refinance existing debt...
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Numerex Corp., a provider of enterprise solutions enabling the Internet of Things (IoT), announced that it recently closed a $13.5 million note purchase agreement with Hale Capital Partners, an independent commercial investment company. Hale Capital...
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Super G provided a $1.5 million working capital bridge facility to a provider of software as a service (SaaS) solutions. The company's platform provides data management solutions to insurance agencies, government agencies, hospitals and other...
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Blucora, Inc., a provider of technology-enabled financial solutions to consumers, small businesses and tax professionals, announced that it has closed a new credit facility that includes significantly improved terms and extended maturity dates...
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Green House Data, a provider of cloud hosting, colocation, hybrid IT, and managed services received a new $16,000,000 credit facility from Post Road Group, a privately held investment firm based in Stamford, CT.
This capital infusion along with its...
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The Trade Desk, Inc., a provider of a global technology platform for buyers of advertising, announced that it has entered into a $200 million, 5-year senior secured credit facility. Citibank N.A., acted as lead arranger and administrative agent, with...
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Citizens Bank announced that Citizens Commercial Banking has closed a new $450 million asset-based revolver to support a recapitalization of PRO Unlimited by Harvest Partners, a leading middle-market private equity firm, and Investcorp, a global...
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Golub Capital recently announced that as Sole Bookrunner, Sole Lead Arranger & Administrative Agent, it provided a $375 million GOLD facility to support the acquisition of Halogen Software by Saba Software, a portfolio investment of Vector Capital....
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DynTek, Inc., a provider of professional technology services, and Wells Fargo Capital Finance, part of Wells Fargo & Company, announced the companies have entered into a new three-year $50 million revolving line of credit and commercial banking...
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CapitalSource, a division of Pacific Western Bank, and a national middle market lender, announced its role as the sole lender in a recently closed deal with sponsor Stream Data Centers. CapitalSource provided a $44 million construction loan to Stream...
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Xplore Technologies, a provider of rugged tablet PCs, announced that it has entered into a new $15 million three-year secured line of credit with Bank of America. The company will also move its commercial banking relationships to Bank of America....
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Ciber, Inc., a global information technology consulting, services and outsourcing company, announced that it and certain U.S. subsidiaries filed voluntary petitions seeking relief under Chapter 11 of the United States Bankruptcy Code in the United...
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Bloomberg is reporting that a group of banks has agreed to provide a $600 million debt facility to the cloud-storage firm Dropbox, Inc. as the company negotiates an anticipated IPO.
Citing sources familiar with the matter, Bloomberg notes that...
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Gibraltar Business Capital closed a new $1.8 million asset-based line of credit for Moasis, a location-marketing technology company based in Austin, Texas.
Gibraltar Business Capital, using a holistic approach, designed an innovative solution to...
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February 16, 2017, 06:53 AM
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Wellington Financial LP, a privately-held specialty finance firm, today announced it has invested $6 million in financing to support the growth of Electric Cloud, the leader in DevOps Release Automation. Electric Cloud also received a US$5 million...
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February 14, 2017, 09:01 AM
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King Trade Capital announced it has established a new $7 million Purchase Order funding facility for a technology hardware distributor headquartered in Virginia.
The company had experienced rapid growth due to a variety of customers upgrading their...
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February 07, 2017, 07:43 AM
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Avidbank Specialty Finance, a Division of Avidbank that specializes in technology and asset-based lending, has provided Auxilio with $14 million in acquisition financing and has renewed an existing line of credit.Auxilio, Inc., based in Mission Viejo...
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January 30, 2017, 07:00 AM
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iStar announced that it has engaged J.P. Morgan, Barclays Capital and Bank of America Merrill Lynch to arrange a $450 million senior secured term loan facility to reprice and partially repay iStar's existing $497 million senior secured credit...
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January 24, 2017, 07:00 AM
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The Association of International Certified Professional Accountants (the Association), a new organization composed of the American Institute of CPAs (AICPA) and the Chartered Institute of Management Accountants (CIMA), has provided comments on three...
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January 23, 2017, 07:25 AM
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The Independent Community Bankers of America® expressed strong concerns with an Office of the Comptroller of the Currency proposal to grant special-purpose bank charters to unregulated financial technology companies. In a comment letter on the...
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January 23, 2017, 07:00 AM
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TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation (TCF) announced that it acted as sole lead arranger and administrative agent on $28.3 million in secured financing to support Clearview Capital...
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January 17, 2017, 07:17 AM
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eMagin Corporation, a leader in the development, design and manufacture of Active Matrix OLED microdisplays for high resolution imaging products, announced that on December 21, 2016, the Company entered into a $5 million revolving credit working...
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December 28, 2016, 06:58 AM
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Silicon Valley Bank announced that it has provided a $25 million revolving line of credit to A10 Networks, a leader in application networking and security. The credit facility provides A10 Networks with access to additional working capital when...
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December 05, 2016, 07:23 AM
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Gibraltar Business Capital proved again that asset-based lending is an increasingly relevant financing option for businesses immersed in media technology services. Media tech company CPXi, a digital solutions company headquartered in New York with...
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November 30, 2016, 07:25 AM
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Square 1 Bank, a division of Pacific Western Bank, provided a $3.25 million credit facility to new client InContext Solutions, a global leader in cloud-based virtual reality (VR) retail solutions. Proceeds from the facility will provide working...
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November 30, 2016, 07:07 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support private equity sponsor Tower Arch Capital’s recapitalization of Corbett Technology Solutions, Inc. (“CTSI”) in...
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November 29, 2016, 07:35 AM
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Blue Hills Bank announces the closing of a $10 million senior credit facility with T2 Computing, Inc., an information technology hardware sales and service company based out of New York. Led by senior vice president, head of asset-based lending Keith...
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November 17, 2016, 07:33 AM
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Antares Capital is serving as administrative agent and lead arranger on a $300 million senior secured credit facility to support the acquisition of Systems Maintenance Services (“SMS”) by Partners Group on behalf of its clients.Founded in 1981 and...
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November 16, 2016, 08:01 AM
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Alpine Capital said it has provided senior debt financing to Comprehensive Health Services, a healthcare technology and services company located in New Jersey. The financing consisted of a $1 million senior secured revolving line of credit and a $5...
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November 08, 2016, 07:30 AM
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Capitala Group, a middle-market provider of public and private capital, announced that CapitalSouth SBIC Fund IV, L.P. (the “CapitalSouth Growth Fund”) invested a combination of debt and equity in Installs Inc., LLC (“Installs” or the “Company”), in...
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November 07, 2016, 07:48 AM
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Antares Capital announced it is serving as administrative agent, sole lead arranger and bookrunner on a senior secured credit facility to support the acquisition of Mobileum, Inc. (Mobileum) by Audax Private Equity.
Headquartered in Santa Clara, CA...
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November 04, 2016, 07:28 AM
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Excel Corporation, a leading provider of integrated financial and transaction processing services, announced that it secured a new $25 million term loan facility through Great American Capital Partners, LLC, a wholly owned subsidiary of B. Riley...
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November 03, 2016, 07:54 AM
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Webster Bank provided a $110 million debt financing loan to Ensono, a hybrid IT services provider that works with its clients to deliver progressive solutions to help them operate their IT infrastructure. The loan will be used to finance the...
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October 27, 2016, 07:31 AM
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Quantum Corp. announced definitive agreements with PNC Bank and TCW Direct Lending on a $170 million financing package consisting of:
An $80 million revolving credit facility and an additional $20 million credit line available under an accordion...
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October 24, 2016, 07:39 AM
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Abacus Finance Group, LLC, a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced today that it served as administrative agent and sole lead arranger for...
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October 18, 2016, 07:26 AM
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MidCap Financial closed a $25 million senior credit facility with network and infrastructure service provider, Goodman Networks, Inc. The MidCap credit facility refinanced Goodman's prior line of credit with a national bank and provides the Company...
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October 17, 2016, 07:27 AM
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PNC Bank Canada Branch, the Canadian branch of PNC Bank, N.A., completed a CA$17.1 million financing package for Doxim Solutions ULC, a leading provider of SaaS customer engagement solutions for banks, credit unions and wealth management firms in...
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October 04, 2016, 07:22 AM
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ID Watchdog, Inc., provider of consumer-facing identity theft protection and resolution services, announced today that it has entered in to a new $3.0 million credit facility with Silicon Valley Bank (the "Facility"). The Facility will consist of up...
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October 03, 2016, 07:42 AM
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CIT Group Inc. announced that CIT Communications & Technology Finance served as sole lead arranger and sole lead bookrunner for a senior secured credit facility to ICONIQ Capital, LLC, a global multi-family office and merchant bank. The financing...
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September 30, 2016, 07:34 AM
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Golub Capital announced that as administrative agent, sole lead arranger and joint bookrunner, it provided a GOLD financing to support GI Partners' recapitalization of Daxko, LLC. GOLD financings are Golub Capital's One-Loan Debt facilities....
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September 26, 2016, 07:29 AM
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Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a $55 million unitranche credit facility to support the recapitalization of a finance technology company. The company is a full-service provider of...
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September 20, 2016, 07:37 AM
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MoneyLion, the mobile personal finance platform that offers free tools and smarter credit products, today announced the closing of a debt facility from Macquarie Group.The Macquarie funds, combined with existing facilities from institutional...
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September 16, 2016, 07:47 AM
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Ares Commercial Finance announced that it has provided a $17.5 million credit facility to Automated HealthCare Solutions, LLC, a Miramar, FL-based multi-faceted healthcare technology provider that operates nationwide. Automated HealthCare Solutions...
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September 14, 2016, 07:39 AM
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Zeta Interactive, the data-driven marketing technology pioneer whose SaaS-based marketing cloud helps brands acquire, retain and grow customer relationships, announced today that it has secured $45 million in new funding from business development...
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September 02, 2016, 07:26 AM
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Quatris, LLC , a provider of specialized healthcare software and database solutions, as well as hosting, software maintenance and support services for small and medium sized physician practices, announced today that it has secured a strategic...
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September 02, 2016, 07:15 AM
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SmartZip Analytics, Inc., the leader in predictive marketing SaaS solutions for businesses in the real estate ecosystem, announced today that it has secured $12 million in new financing to fuel the company's continued growth and diversification....
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September 01, 2016, 07:19 AM
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xMatters, an intelligent communications platform that connects business system insights to relevant people and business processes, announced today it has closed $42 million in long-term financing with Golub Capital Late Stage Lending group. xMatters...
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August 31, 2016, 07:23 AM
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ion interactive and Recurring Capital Partners (RCP) announced RCP's extension of a new credit facility to ion interactive, a SaaS provider of one of the leading interactive content marketing platforms. The company will use the proceeds of the...
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August 29, 2016, 07:39 AM
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a credit facility to new client Revionics, a leading profit optimization company. Proceeds from the facility will provide working capital to expand Revionics’ strategic...
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August 26, 2016, 07:30 AM
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Antares Capital announced it served as administrative agent, sole lead arranger and bookrunner on a senior secured credit facility to support the acquisition of SciQuest, Inc. by Accel-KKR.Based in Morrisville, NC, SciQuest, Inc., is a leading...
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August 24, 2016, 07:11 AM
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DecisionPoint Systems, a leading provider and integrator of Enterprise Mobility and Internet of Things (IoT) solutions, announced it has signed new commercial banking relationships with Union Bank combined with CapitalSource Business Financial Group...
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August 23, 2016, 07:44 AM
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Tucows Inc. announced that it has entered into a new, syndicated five-year secured credit agreement for up to $75 million, inclusive of a $15 million accordion facility (the "2016 Credit Facility"), with Bank of Montreal ("BMO") and Royal Bank of...
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August 19, 2016, 07:34 AM
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Advanced Onion, Inc. (AO) received a $4 million channel finance line of credit from Wells Fargo Capital Finance to help meet the strategic needs of this rapidly expanding, premier technology solutions provider. With a growth rate of over 180% in 2015...
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August 15, 2016, 08:04 AM
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Monroe Capital LLC announced an increase in the credit facility to Cal Net Technology Group (“Cal Net”) to support the acquisition of inhouseIT, Inc. (“inhouseIT”). Cal Net is a portfolio company of Boathouse Capital and Olympic Valley Capital.Cal...
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August 11, 2016, 07:35 AM
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Bridge Bank announced provided a $3 million venture term loan facility to Atlanta-based QASymphony, a leader in agile testing software. QASymphony will use the credit facility to help finance its ongoing growth strategy, including expansion into the...
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August 11, 2016, 07:26 AM
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CIT Group announced that CIT Communications & Technology Finance provided a $23 million senior secured credit facility to Lighthouse eDiscovery, a provider of technology-enabled ediscovery services. Lighthouse is a portfolio company of New York-based...
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August 04, 2016, 07:29 AM
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Green Cloud Technologies, a channel only cloud technology solutions provider, announced the closing of $7.5mm of new financing. The package consists of a $5 million senior line of credit with Bridge Bank and $2.5mm of additional equity and sub debt...
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August 02, 2016, 07:37 AM
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Silicon Valley Bank (SVB) announced it has entered into a corporate banking partnership with GENBAND™, a global leader in real-time communications solutions, to help support GENBAND's growth initiatives. In addition to providing domestic and...
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Adesto Technologies, a leading provider of application-specific, ultra-low power non-volatile memory products, announced that it has closed on a $20 million senior secured debt facility. The new debt facility replaces the existing April 2015 debt...
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Skullcandy, Inc., which creates world-class audio experiences through its Skullcandy® and Astro Gaming® brands, and Incipio LLC, a leading global consumer technology solutions platform, jointly announced today that they have entered into a definitive...
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Wabtec Corporation has signed a new bank agreement that includes a $1.2 billion revolving credit facility and a $400 million term loan. The revolving credit facility has a five-year term and replaces the company's previous revolver of $800 million...
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Verve, a leader in location-powered mobile marketing, announced that it is expanding its long-standing relationship with Silicon Valley Bank (SVB) with a new $30 million debt financing package. Growing over 50 percent annually for the past four years...
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Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, announced the expansion of its existing credit facility from $240 million to $400 million, to fund its...
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Square 1 Bank, a division of Pacific Western Bank, has provided a $5 million credit facility to new client YPrime, a clinical-trial solutions provider. Proceeds from the facility will be used to provide working capital as the company continues to...
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a $3 million credit facility to new client Contactually, a user-focused relationship management platform. Proceeds from the facility will be used to support overall...
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Ares Capital Corporation is serving as the administrative agent, joint lead arranger and joint bookrunner for a $1.075 billion unitranche credit facility in support of the acquisition of Qlik Technologies, Inc. by Thoma Bravo, a leading private...
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Deloitte Corporate Finance LLC (DCF) acted as exclusive financial advisor to Global Software, Inc. in its majority recapitalization with Thompson Street Capital Partners. The transaction closed on May 2, 2016.Headquartered in Raleigh, NC, Global...
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The Trade Desk, Inc., a global technology platform for buyers of advertising, announced details today regarding a $125 million revolving credit facility secured through a lending syndicate led by Citibank, N.A. The transaction closed at the end of...
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Crystal Financial announced it nderwrote a $20 million term loan for Intersections Inc. Founded in 1986 and headquartered in Chantilly, VA, Intersections is a leading provider of consumer identity protection and monitoring services. In addition, the...
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Accelerize Inc. announced a new $8 million credit facility from SaaS Capital, a provider of committed credit facilities to SaaS companies. The funds will be used to retire the outstanding balance of the company's current credit facility...
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Intacct, a leading provider of best-in-class cloud ERP software, announced it has secured an additional $40 million of financing. The new debt facility with Silicon Valley Bank will be available to provide flexibility and drive continued growth. In a...
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Wellington Financial LP, a privately-held specialty finance firm, announced today that it recently closed a $10 million venture debt financing for Exinda, a company dedicated to delivering the best application performance possible on its clients’...
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CEB, a best practice insight and technology company, has closed its previously announced acquisition of Evanta Ventures, Inc. and an affiliated business. Portland, Ore.-based Evanta fosters collaboration and the exchange of best practices between...
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Antares Capital announced it is serving as administrative agent, lead arranger and bookrunner on a senior secured credit facility to support the acquisition of SambaSafety by ABRY Partners. Headquartered in Albuquerque, NM, SambaSafety provides...
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DigitalOcean, the simplest cloud computing platform built for developers, has secured a $130 million credit facility to continue its mission of building a next generation cloud for scaling startups and software defined businesses.
KeyBanc Capital...
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Sphere 3D Corp, a containerization, virtualization and data management solutions provider and parent company of Overland Storage and Tandberg Data, today announced that it has entered into a $20 million debt financing, consisting of a $10 million...
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Crystal Financial LLC, an independent commercial finance company, announced the closing of a $17 million term loan for Numerex Corp. Headquartered in Atlanta, Numerex is a leading provider of managed enterprise solutions enabling the Internet of...
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Bridge Bank, a division of Western Alliance Bank, today announced the closing of $14 million senior debt financing with TaskUs, a market leader in outsourced customer support of venture-backed, high-growth companies. The funds will be used to further...
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Intersections Inc. announced that it successfully completed a $20 million term loan financing with Crystal Financial LLC (“Crystal”). Additionally, the company noted that during the fourth quarter of 2015, it closed a private placement of 3.0 million...
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Kalibrate Technologies has secured a $5 million revolving credit facility. Kalibrate, which provides technology to the fuel services and convenience retail sectors, secured the loan with PNC Bank. The two-year deal carries an interest rate of 2.0%...
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TCF Capital Funding (TCFCF), a division of TCF National Bank which is a subsidiary of TCF Financial Corporation announced that it provided a $24.5 million facility to support Mangrove Equity Partners in the merger of Computer Aided Technology, LLC...
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RealPage, Inc., a leading provider of on demand software and software-enabled services for the multifamily, single-family and vacation rental housing industries, announced that the company has entered into an agreement to amend certain terms as part...
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February 29, 2016, 08:02 AM
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Wellington Financial LP, a privately-held specialty finance firm, today announced a $8.75 million credit facility for Digital Fortress, Inc. ("Digital Fortress"), a prominent data center operator and cloud management provider serving the Pacific...
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February 19, 2016, 07:32 AM
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Underground Elephant, an online performance-based marketing company that drives high-efficiency sales growth for vertically-oriented customer acquisition programs, announced that it has secured $9 million in credit facilities from Silicon Valley Bank...
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February 18, 2016, 07:26 AM
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a $2 million credit facility to existing client, Autolist, Inc., an automotive sales search engine. Proceeds from the facility will be used to fuel the company's...
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February 18, 2016, 07:19 AM
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Bridge Bank announced that it has provided Spark Networks, Inc. with a $10 million revolving credit facility. Spark Networks is a leader in creating communities that help individuals form life-long relationships. Spark's core properties, JDate®.com...
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February 09, 2016, 07:52 AM
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Square 1 Bank, a division of Pacific Western Bank, has provided a $3 million credit facility to new client, PlayMaker CRM, Inc., a leading customer relationship management (CRM) solution for the post-acute care industry. Proceeds from the facility...
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January 21, 2016, 07:44 AM
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Siena Lending Group announced the completion of a three year, $7.5 million senior secured revolving credit facility for I.D. Systems, Inc. (“I.D. Systems”). The facility will be used for the future working capital needs. Headquartered in Woodcliff...
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January 05, 2016, 07:19 AM
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CIT Group Inc. announced that CIT Communications & Technology Finance served as Sole Lead Arranger and Administrative Agent for a $68.5 million senior secured credit facility provided to T5@Kings Mountain VII, LLC, an affiliate of a joint venture of...
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January 04, 2016, 08:33 AM
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A new study released by Deloitte confirms we are a nation of phone obsessed multi-taskers, with American consumers looking at their smartphones in the aggregate eight billion times per day and increasingly doing so while engaged in other activities...
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December 29, 2015, 07:21 AM
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I.D. Systems, Inc., a leading provider of wireless solutions for the Industrial Internet of Things, has signed a loan and security agreement for a revolving credit facility of $7.5 million, with a maturity date of December 18, 2017. An SEC filing on...
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December 28, 2015, 07:51 AM
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GuestLogix Inc., a leading global provider of ancillary-focused merchandising, payment and business intelligence technology to airlines and the passenger travel industry, has reached agreements (the "Forbearance Agreements") with its senior lender...
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December 28, 2015, 07:17 AM
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Horizon Technology Finance Corporation announced it has led a $12 million venture loan facility for Digital Signal Corporation ("DSC").DSC, a leader in human identification and identity management solutions, is backed by leading venture capital firms...
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December 23, 2015, 07:27 AM
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Wave Systems Corp., an enterprise security software provider, announced it has completed a financing agreement with Marble Bridge Funding Group, Inc. (MBFG) in the form of a secured accounts receivable and purchase orders financing facility of up to...
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December 15, 2015, 07:32 AM
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Identiv, Inc. announced an amendment to its existing credit agreement with Opus Bank. The original agreement, entered into on March 31, 2014, provided for a $10 million term loan and $10 million revolving loan facility. The agreement was amended in...
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December 09, 2015, 07:24 AM
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Emtec, Inc., a leading IT consulting firm providing industry-specific transformative digital solutions, announced that the company has received new senior secured credit facilities from LBC Credit Partners, a provider of financing solutions to middle...
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December 08, 2015, 07:52 AM
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Super G Funding announced it provided acquisiton funding to Simply Color Lab, one of the nation’s top professional photography printers in the acquisition of ShootQ, a SaaS company that provides a complete studio management system made especially for...
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December 03, 2015, 07:58 AM
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Antares Capital was lead arranger of a $115 million credit facility to support the refinancing of XIFIN, Inc. by GTCR. Antares served as joint lead arranger and joint bookrunner on the facility.XIFIN, headquartered in San Diego, is a leading provider...
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December 01, 2015, 08:04 AM
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DHI Group, Inc.,formerly known as Dice Holdings, Inc., has entered into a five-year $250 million senior secured revolving credit facility scheduled to mature in November 2020. The new facility replaces the company's previous facilities, which...
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December 01, 2015, 07:21 AM
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Golub Capital announced it provided a GOLD financing to support Pamlico Capital's ("Pamlico") investment in symplr (the "Company") in partnership with The CapStreet Group ("CapStreet") and existing shareholders. GOLD financings are Golub Capital's...
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November 24, 2015, 06:59 AM
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Cologix, a network neutral interconnection and data center company, has completed the previously announced acquisition of Net Access, LLC, a colocation and workspace recovery provider with over 200K gross SQF across three enterprise-grade facilities...
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November 20, 2015, 07:33 AM
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Horizon Technology Finance announced it has closed a new $5.5 million venture loan facility to Skyword Inc., a leading content marketing software and services company. Skyword will use the proceeds of the venture loan for working capital...
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November 20, 2015, 07:21 AM
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Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $7.5 million credit facility to new client Datera, Inc., an innovative company currently operating in stealth-mode. Proceeds from the facility will be used to...
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November 11, 2015, 07:57 AM
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RMG Networks Holding Corporation, or RMG Networks, a leading provider of technology-driven visual communications solutions, announced it has entered into a new $7.5 million revolving credit facility with Silicon Valley Bank. The credit facility has a...
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November 05, 2015, 07:14 AM
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CapitalSource, a division of Pacific Western Bank, and a national middle-market lender in the technology sector, announced its role as the sole lender in a recent deal with sponsor TA Associates. CapitalSource provided funding for Plusgrade, a...
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November 02, 2015, 07:21 AM
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CIT Group Inc. served as Joint Lead Arranger in a senior secured credit facility to support Audax Group, an alternative asset management firm specializing in investments in middle market companies, in its acquisition of Techniks Industries, a leading...
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October 27, 2015, 08:36 AM
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hc1.com, inventor of the world's leading healthcare relationship management platform, announced it has raised $13.2 million in new growth capital led by existing hc1.com investors. The company plans to deploy this capital to support expansion through...
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October 19, 2015, 07:36 AM
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iControl Universal Collaboration Solutions has closed a $20 million growth capital facility with Goldman Sachs Specialty Lending Group (“GSSLG”). The company will use the proceeds to bolster its balance sheet and finance its growth, which recently...
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October 16, 2015, 07:27 AM
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CapX Partners announced the closing of a loan facility that can grow to $100 million to support the growth needs of Ziosk. Ziosk is the creator of the restaurant industry’s first ordering, entertainment and pay-at-the-table tablet and commands 95% of...
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September 25, 2015, 07:56 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $57.5 million senior credit facility to support Battery Ventures’ acquisition of Physical Security Business Unit (PSBU), previously part of the...
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September 22, 2015, 08:03 AM
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NXT Capital announced that it has provided a $39 million senior credit facility to fund Arlington Capital Partners’ acquisition of Ontario Systems, LLC. NXT Capital was the sole lead arranger, sole bookrunner and administrative agent for this...
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September 17, 2015, 07:53 AM
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Fusion, a leading provider of cloud services, has completed a debt refinancing that includes a new senior secured credit facility with Opus Bank. This refinancing provides Fusion with a significantly lower cost of debt while simultaneously expanding...
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September 08, 2015, 08:39 AM
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Medical Transcription Billing, Corp. ("MTBC"), a leading provider of healthcare IT solutions today announced that is has secured a $10 million credit facility from the Technology Banking division of Opus Bank."The financing provided by Opus is a very...
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September 08, 2015, 07:38 AM
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Capitala Finance Corp.announced that it recently invested $8.0 million in senior subordinated debt to assist in the acquisition of VITAL Network Services, Inc. (“VITAL”) by Vology, Inc. (“Vology”). Headquartered in Tampa, Fla., Vology is a leading...
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September 03, 2015, 07:50 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $19.25 million senior credit facility to support the recapitalization and growth of an online travel company. The company is a leading provider...
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August 26, 2015, 07:51 AM
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Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, today announced that it has provided a $1.475 million credit facility to Target Data, a data-driven marketing provider. Target Data utilizes its platform...
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August 26, 2015, 07:23 AM
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Monroe Capital LLC announced an increase in the credit facility to Intelius Holdings, Inc. (“Intelius”) to support the acquisition of Classmates, Inc. (“Classmates”). Intelius is a portfolio company of H.I.G. Capital.Based in Seattle, Washington...
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August 20, 2015, 08:09 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced it has provided a $20 million revolving credit facility to Mad Catz, Inc.(MCI). Headquartered in San Diego, California, MCI designs and markets a wide range of...
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August 19, 2015, 07:28 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $42.5 million unitranche credit facility to support a strategic investment in Milestone Technologies, Inc. (“Milestone”) by private equity...
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August 12, 2015, 07:58 AM
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Bridge Bank, a division of Western Alliance Bank, announced that it has provided a $7 million credit facility, including a $4 million term loan and a $3 million line of credit, in conjunction with the final closing of Unify Square's $12.2 million...
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August 12, 2015, 07:40 AM
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LBC Credit Partners ("LBC") provided a $70.5 million senior secured term loan to support the acquisitions of Become, Inc. (“Become”) and PriceGrabber.com (“PriceGrabber”) by Connexity, Inc. (“Connexity”), a Symphony Technology Group portfolio company...
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August 11, 2015, 08:00 AM
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Golub Capital announced that as administrative agent, co-lead arranger and joint bookrunner, it provided a GOLD financing to support the acquisition of Internet Pipeline, Inc. by Thoma Bravo. GOLD financings are Golub Capital One-Loan Debt facilities...
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August 06, 2015, 07:14 AM
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Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a $36 million unitranche credit facility to support the acquisition of Virtium by private equity sponsor, L Squared Capital Partners. Founded in 1997...
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August 05, 2015, 07:55 AM
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Optoro announced that it has received a $40 million debt financing commitment from TriplePoint Venture Growth BDC Corporation, a leading non-bank venture debt provider, and Square 1 Bank, the premier banking partner to entrepreneurs and the venture...
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Cologix, a network neutral interconnection and data center company, announced today that it has entered into amended and expanded secured credit facilities totaling $255 million.The financing enables Cologix to continue to build and acquire premier...
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Zeta Interactive, a big data and analytics company, announced that it has closed a $125 million round of financing from business development companies (BDCs) advised by affiliates of Franklin Square Capital Partners (Franklin Square) and sub-advised...
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Monroe Capital LLC announced the funding of a $31 million senior credit facility to support the acquisition of Intelius by an affiliate of private equity investment firm, H.I.G. Capital. Based in Bellevue, Washington, Intelius is a leading provider...
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Macquarie CAF Lending, a leading provider of middle-market leveraged finance solutions and part of Macquarie’s Corporate and Asset Finance Group, agented and was the largest lender committing to the majority of the first lien senior credit facility...
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Planet Payment entered into a $10 million secured revolving credit facility pursuant to a Credit and Security Agreement dated June 10, 2015, by and among the company, Citizens Bank, N.A. and certain affiliates of the company as borrowers or...
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Healthx, Inc. announced the recent completion of a new multi-million dollar credit facility with Silicon Valley Bank. The new capital will be used to refinance existing debt and further promote Healthx’s continuing growth and expansion. Healthx is...
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Meru Networks, Inc., a leader in intelligent Wi-Fi networking, announced the company has signed an agreement with Opus Bank for a senior secured credit facility up to $15 million, consisting of a $9 million three-year term loan and a $6 million line...
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Square 1 Bank provided a $4.25 million credit facility to new client D3 Technology, Inc., a leader in Data Driven DigitalTM banking. Proceeds of the credit facility will refinance existing shareholder notes.D3 Technology provides financial...
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Franklin Square Capital Partners announced the origination of a senior secured term loan to Blueprint Sub, Inc. (doing business as iSqFt), a leading construction software company providing solutions designed to streamline the pre-construction process...
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Upland Software, Inc., a leader in cloud-based Enterprise Work Management applications, announced a new credit facility with Wells Fargo Capital Finance. The facility provides up to $60 million in borrowing capacity for acquisitions, general...
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CIT Group announced that it served as sole lead arranger and administrative agent in a $90 million senior secured credit facility to support vXchnge Holdings’ (vXchnge) acquisition of eight datacenters. vXchnge is a portfolio company of The Stephens...
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Bridge Bank announced that its Capital Finance Banking team has amended its revolving credit facility with Sysorex, a leading provider of Big Data software analytics and infrastructure solutions, to increase the credit limit from $6 million to $10...
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StarTek, Inc., a provider of high-value business process outsourcing services, signed a new five-year, $50.0 million secured revolving credit facility with BMO Harris Bank N.A. on April 29, 2015. The amount the company may borrow under the revolving...
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Square 1 Bank provided a $3 million credit facility to new client AliveCor, a mobile health company that helps users take control of their heart health using the AliveCor® Heart Monitor and free AliveECG application (app). Proceeds of the credit...
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $25 Million senior credit facility to Radnor, PA-based Emtec, Inc. The company provides industry specific transformative digital solutions to world-class...
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Bridge Capital Holdings, whose subsidiary is Bridge Bank, a full-service professional business bank headquartered in Silicon Valley and with offices located nationwide, has expanded its relationship with Certent, Inc., a client since 2008, with a...
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Bridge Bank announced its Technology Banking team has provided a combination of credit facilities and working capital advances totaling $20 million to HotSchedules (formerly Red Book Connect), a global software as a service provider for the...
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Horizon Technology Finance Corporation, a leading specialty finance company that provides secured loans to venture capital and private equity backed development-stage companies in the technology, life science, healthcare information and services, and...
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Wells Fargo Capital Finance acted as joint lead arranger and administrative agent on a $130 million senior secured credit facility for Clearlake Capital Group’s new and existing software portfolio companies. Upon closing, the financing supported...
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GE Capital’s Telecom, Media and Technology (TMT) financing business served as administrative agent on a senior secured credit facility to support the acquisition of Unified OS Ltd. by Inventus Solutions, Inc., a Clearlake Capital Group portfolio...
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InterCloud Systems announced it has signed a definitive agreement for a new senior credit facility from Faunus Group International Inc. ("FGI"). This new $15 million facility is secured by the consolidated accounts receivable of InterCloud and its...
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PCS Wireless (PCS), a leading global remanufacturer and distributor of mobile devices, today announced it has positioned itself for continued major expansion, with a $100 million senior-secured loan facility through White Oak Global Advisors LLC, a...
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MTBC, a leading provider of proprietary, web-based electronic health records, practice management and mHealth solutions, announced that on March 6, 2015 its revolving line of credit with TD Bank, N.A. was increased from $1.215 million to $3.0 million...
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Compass Datacenters and KeyBank, as syndication agent, have secured a $25 million credit commitment from CIT Group Inc. Financing was provided by CIT Bank, the U.S. commercial bank subsidiary of CIT. CIT joins Compass' other financial partners that...
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GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a $60 million senior secured credit facility to support the acquisition of Tidel Engineering, L.P. by an affiliate of Graham Partners. GE Capital Markets...
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TCF Capital Funding (TCFCF), the Chicago-based cash flow and asset-based lending division of TCF National Bank (“TCF Bank”), announced that it provided the secured financing to support the acquisition of Xcellence, Inc dba Xact Data Discovery and its...
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Accela, a provider of cloud-based civic engagement solutions for government, announced it has closed $143.5 million in new financing. Accela will deploy the new capital to round out its cloud offering, expand the capabilities of the Civic Platform...
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February 27, 2015, 08:07 AM
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Intermap Technologies Corporation, a leading provider of geospatial solutions on-demand created from its uniform, high-resolution 3D digital models of the earth's surface, today announced that it has entered into an agreement to complete a...
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February 26, 2015, 07:49 AM
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Golub Capital announced that as Joint Lead Arranger, Joint Bookrunner and Senior Administrative Agent, it provided a $195 million senior credit facility to support the acquisition of PowerPlan, Inc. by Thoma Bravo, LLC.PowerPlan is an enterprise...
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February 24, 2015, 07:19 AM
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FrontRange and Lumension, leading providers of Hybrid Service Management and Unified Endpoint Management software solutions for organizations of all sizes, jointly announced that the companies will merge to create HEAT Software. Wells Fargo Capital...
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February 12, 2015, 08:02 AM
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Ultra Clean Holdings, Inc., a leading developer and supplier of critical systems and subsystems for the semiconductor capital equipment, flat panel, medical, energy and research industries, today announced that it has signed a purchase agreement with...
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February 09, 2015, 07:39 AM
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Privately held technology firm Zeeto announced that it has secured a $3 million working capital line of credit from Bridge Bank. The news comes on the heels of Zeeto’s recent announcement to diversify and expand upon its proprietary technology that...
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February 03, 2015, 07:16 AM
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Bridge Capital Holdings, whose subsidiary is Bridge Bank, a full-service professional business bank headquartered in Silicon Valley and with offices located nationwide, announced it has provided TrialScope, Inc. with a $2 million revolving credit...
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February 02, 2015, 07:28 AM
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The Kreditech Group, a leading consumer finance technology group based in Hamburg, Germany, announced the completion of a $200 million credit facility from Victory Park Capital, an asset management firm focused on middle-market debt and equity...
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January 22, 2015, 07:24 AM
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Crystal Financial announced it recently provided a $22 million first lien term loan to Remprex, LLC, a leading provider of managed technology services for the intermodal industry including Class I railroads and port operators. Its unique product...
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January 19, 2015, 07:32 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $55 million unitranche financing to support the growth of Incipio Technologies, Inc.“After a record year for the company in 2014, I am pleased to...
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January 08, 2015, 07:57 AM
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Quest Solution announced that it has secured a revolving credit facility from Wells Fargo Bank in the maximum principal amount of $8 million. "We are pleased to confirm that Wells Fargo, the 4th largest bank in the United States, as our lending...
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January 08, 2015, 07:16 AM
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Abacus Finance Group, LLC, a New York-based direct lending company that provides cash-flow financing for private equity-sponsored, lower-middle market companies, announced it served as joint lead arranger with Webster Bank for $29.5 million in senior...
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December 23, 2014, 07:56 AM
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CIT Group announced that it served as lead arranger in a $55.5 million senior secured credit facility to T5@Portland, a subsidiary of T5 Data Centers, LLC, an owner and operator of server-ready single and multi-tenant data centers across North...
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December 23, 2014, 07:23 AM
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Equinix, Inc., the global interconnection and data center company, announced the closing of its $1.5 billion five-year senior secured credit facility with a syndicate of eleven financial institutions. The senior credit facility consists of a $1.0...
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December 19, 2014, 07:18 AM
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Bluefin Payment Systems announced that Goldman Sachs Specialty Lending Group led a debt and equity growth financing in the company, joining existing investors Financial Partners, which is the private equity group for Napier Park Global Capital, and...
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December 16, 2014, 07:22 AM
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Abacus Finance Group, LLC, a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies announced that it served as administrative agent and sole lead arranger for $70...
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December 10, 2014, 07:32 AM
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GE Capital’s Telecom, Media and Technology (TMT) financing business announced that it served as administrative agent on a $310 million senior secured credit facility to support Vista Equity Partners’ acquisition of compliance and ethics software...
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December 04, 2014, 07:19 AM
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MB Business Capital, a division of MB Financial Bank, N.A., recently provided an $8 million senior credit facility for TKO Electronics, Inc. TKO is a full-service technology sales and asset management company that supports the entire technology...
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December 02, 2014, 07:32 AM
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eGain, a leading provider of cloud customer engagement solutions, announced that it has established a new $20 million credit facility with Wells Fargo Capital Finance. The new facility, which includes a $10 million, five-year term loan and a $10...
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November 26, 2014, 08:07 AM
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LBC Credit Partners, a leading provider of financing solutions to middle market companies, agented a senior secured term loan to support the recapitalization of Anexinet Corporation, a portfolio company of Marlin Equity Partners. Proceeds will also...
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November 12, 2014, 07:47 AM
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Citizens Commercial Banking is providing $300 million in financing for Bahrain-based alternative investment fund Investcorp’s acquisition of Boca Raton, FL-based PRO Unlimited from ABRY Partners."We look forward to partnering with Andrew Schultz and...
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November 04, 2014, 07:31 AM
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MyECheck, Inc., a leader in electronic check solutions for internet and mobile payments, secured a $5 million line of credit from TCA Fund Management Group, a U.S.-based investment management company that specializes in senior secured lending and...
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October 31, 2014, 07:17 AM
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MediGain LLC, a leading global provider of revenue cycle management (RCM) solutions and analytics for the healthcare industry, announced it closed a $38 million transaction with Prudential Capital Group. Deloitte Corporate Finance LLC (DCF) acted as...
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October 27, 2014, 07:33 AM
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Level 3 Communications, Inc. announced that its wholly owned subsidiary, Level 3 Financing, has received commitments from lenders to increase the borrowings under its existing senior secured credit facility through the creation of a new $2 billion...
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October 14, 2014, 07:15 AM
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Modern Systems Corporation, an indirect, wholly-owned subsidiary of BluePhoenix Solutions, Ltd., provided an update on the expected timing of its proposed merger with Sophisticated Business Systems, Inc. ("ATERAS") and announced new debt financing...
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October 13, 2014, 07:16 AM
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RealPage, a leading provider of on-demand software and software-enabled services to the rental housing industry, has entered into a new revolving credit facility. The credit replaces the company’s existing revolving credit facility, expands borrowing...
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October 02, 2014, 08:06 AM
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Fifth Street Finance Corp. and Fifth Street Senior Floating Rate Corp. announced they have co-invested in a $195 million one-stop financing facility and an equity co-investment in conjunction with Veritas Capital's ("Veritas") acquisition of...
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October 02, 2014, 07:22 AM
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Square 1 Bank announced that it has provided a $4 million credit facility to new client Varentec, a company that builds power management and monitoring solutions for the electric grid. Proceeds of the credit facility will provide working capital to...
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September 25, 2014, 07:17 AM
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GE Antares is serving as administrative agent on a $80 million senior secured credit facility to support the acquisition of OneTouchPoint by ICV Partners. GE Capital Markets served as sole lead arranger and sole bookrunner on this...
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September 17, 2014, 07:24 AM
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Netsertive, a marketing technology company that automates unified brand-to-local digital marketing, closed on over $10 million in financing, with over $7 million in the form of a credit facility with Square 1 Bank and the balance in equity investment...
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September 08, 2014, 07:37 AM
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Heartland Payment Systems has completed the acquisition of TouchNet Information Systems, Inc., an integrated commerce solutions provider to higher-education institutions. TouchNet adds over 600 higher education clients serving over six million...
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September 05, 2014, 07:28 AM
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Net Access expanded its senior secured credit facility with U.S. Bank National Association by an additional $9 million which includes a $5 million increase to their revolving line of credit. The company will use a portion of the facility to refinance...
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August 27, 2014, 07:34 AM
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Smarter Remarketer secured $7 million in venture debt financing from City National Bank. Smarter Remarketer will use this financing to provide additional capital for expanding the company’s growing sales and marketing activities. This financing comes...
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August 27, 2014, 07:22 AM
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CapitalSource, a division of Pacific Western Bank, provided an additional loan facility to Evolve IP. Serving again as administrative agent and lead arranger, CapitalSource upsized the existing Evolve IP facility by $14.7 million to $42.2...
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August 25, 2014, 07:44 AM
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Monroe Capital LLC announced the funding of a $14.3 million credit facility to support the merger of Venture Technologies with Information Systems Consulting Inc., along with the concurrent acquisition of Strategic Allied Technologies. Based in...
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August 20, 2014, 07:18 AM
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GE Capital’s Telecom, Media and Technology (TMT) financing business announced today it served as administrative agent on $69 million of senior secured credit facilities to support the acquisition of AGDATA by Vista Equity Partners. GE Capital Markets...
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August 14, 2014, 07:07 AM
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Ebix, Inc., a leading provider of On-Demand software and E-commerce services to the insurance and financial industries, announced that it has closed on a $150,000,000 credit line as of August 5, 2014, to fund its growth and share repurchase...
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August 07, 2014, 07:22 AM
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ePlus inc. announced its subsidiary, ePlus Technology, inc., amended its credit facility with GE Capital Commercial Distribution Finance (GECDF), which was originally entered into on July 23, 2012. The GECDF credit facility is comprised of a floor...
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August 06, 2014, 06:45 AM
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WANdisco plc has agreed to a $10MM revolving credit facility with HSBC Bank plc ("HSBC"), available until 31 March 2017. The funds available through the facility will be used to finance WANdisco's continued expansion in the Big Data market...
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August 06, 2014, 06:00 AM
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Avidbank Corporate Finance, a Division of Avidbank that specializes in technology and asset-based lending, has expanded its credit facilities to 4INFO. In addition to renewing the Line of Credit, Avidbank provided an additional growth capital term...
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August 05, 2014, 07:31 AM
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The KEYW Holding Corporation announced the closing of its previously announced offering of convertible senior notes due July 15, 2019 ("notes"). The company issued $130.0 million aggregate principal amount of notes.Concurrently with the issuance of...
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Horizon Technology Finance Corporation announced it closed a $6 million venture loan facility with SpringCM Inc. ("SpringCM"), a leader in content cloud services. SpringCM will use the proceeds of the venture loan facility to support its continued...
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Horizon Technology Finance Corporation announced it led a $25 million venture loan for mBlox, Inc. ("mBlox"), the largest global provider of A2P (application-to-person) text messaging. The venture loan was fully funded at closing, with Horizon...
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Net Element, Inc., a technology-driven group specializing in mobile payments and value-added transactional services in emerging countries and in the United States, completed the closing of a $10 million credit facility from the payments...
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CareCloud, a provider of cloud-based practice management, electronic health records (EHR), and medical billing software and services, announced that it has received a $25.5 million debt financing commitment from Hercules Technology Growth Capital...
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Astea International Inc., a global provider of service management and mobile workforce solutions, has obtained a two year revolving line of credit for working capital needs from Silicon Valley Bank (SVB) for $3 million. The secured revolving line of...
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Brekford Corp., a leading public safety technology service provider of automated traffic safety enforcement solutions, parking enforcement solutions, and an end-to-end suite of technology equipment for public safety vehicle services, announced the...
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Bit Stew Systems Inc., a world-leading provider of integrated, real-time network operations for the utility industry, announces the successful closing of a $3.5 million credit facility with Silicon Valley Bank.Jim Temple, CFO, Bit Stew Systems says, ...
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Wellington Financial LP, a privately-held specialty finance firm, announced a $5 million expansion financing for Agiliance, Inc. The investment will be used to increase product marketing evangelism, leverage target sector distribution and solution...
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Evolve IP has secured a $27.5 million senior secured loan facility with CapitalSource, one of the leading commercial lenders for mid-sized businesses, as the administrative agent and lead arranger. DH Capital, LLC served as exclusive financial...
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Workshare, a leading provider of secure enterprise file sharing and collaboration applications, announced that it has entered into an $8.4 million credit facility with the Technology Finance Division of Wells Fargo Capital Finance. This augments the...
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Square 1 Bank announced that it has provided a $4.5 million credit facility to SpringCM, the leader in Content Cloud Services. Proceeds of the credit facility will be used to provide working capital to support the company's growth, including the...
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Square 1 Bank provided a $3 million credit facility to Accelerize New Media, Inc, who owns and operates CAKE, an advanced SaaS-based solution that tracks and analyzes spend for online marketing campaigns. Proceeds will provide working capital to...
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JumpStart (also known as Knowledge Adventure), a pioneering educational game developer that publishes entertaining and award-winning mobile and web products for children, announced today that it has raised $13 million in debt financing led by...
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Parametric Sound Corporation announced that it has entered into a new five year $60 million asset-based revolving credit facility (the "ABL Facility") with Bank of America. The new credit facility replaces Parametric Sound Corporation's previous...
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Wellington Financial LP, a privately-held specialty finance firm, announced a $10 million venture debt financing for SOA Software of Los Angeles, CA. SOA Software is powering the API economy by delivering a comprehensive suite of secure, scalable API...
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Monroe Credit Advisors announced today that it placed an $18 million senior secured credit facility for its client, Asure Software, Inc., a leading provider of workplace management software solutions. Proceeds of the facility refinanced the existing...
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Asure Software, Inc., a leading provider of workplace management software solutions, announced the refinancing of the company's existing senior debt under a new Credit Agreement with Wells Fargo Bank, N.A. The Wells Fargo Bank facility has a new term...
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Fifth Street Management announced that its venture lending group, Fifth Street Technology Partners, has closed three new technology investments totaling $55 million so far in the calendar year 2014, $40 million of which was funded at close. Fifth...
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Prospect Capital Corporation announced that it has provided first-lien senior secured floating rate debt to support the continued growth of Tolt Solutions, Inc.
Based in Taylors, SC, Tolt is a leading retail-focused information technology services...
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Blackbaud, Inc. entered into a new credit facility in the aggregate amount of $325 million, including a $175 million senior secured term A loan ("Term A"), and a $150 million senior secured revolving credit facility ("Revolver") with capacity to...
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Capital One Bank announced that it has provided a $42.5 million senior secured credit facility to iPipeline® (Internet Pipeline, Inc.) to finance its ongoing working capital requirements and current and future growth initiatives. Founded in 1995...
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February 04, 2014, 07:34 AM
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DragonWave Inc. announced that it has amended its existing revolving credit facilities with Comerica Bank and Export Development Canada. The maximum amount of credit availability under the amended asset-based credit facility has been increased from...
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January 07, 2014, 08:03 AM
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On December 20, 2013, Riverbed Technology, Inc. entered into a credit agreement and related security and other agreements for a $600 million credit facility providing for a $300 million senior secured term loan facility and a $300 million senior...
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December 27, 2013, 08:02 AM
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Rocket Fuel Inc., announced that it had entered into a $100 million syndicated credit facility led by Comerica Bank on December 20, 2013. The syndicate also includes Silicon Valley Bank and City National Bank. This credit facility amends and restates...
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December 27, 2013, 07:45 AM
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Golub Capital announced that as Sole Bookrunner and Administrative Agent it provided $85.5MM in GOLD financing and co-investment equity to support the acquisition of Certara by Arsenal Capital Partners. GOLD financings are Golub Capital's One-Loan...
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December 23, 2013, 07:04 AM
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Monroe Capital announced the funding of a senior secured credit facility for Output Services Group, Inc. (“OSG”) to finance the company’s Employee Stock Ownership Plan and support growth opportunities.
Monroe’s dedicated ESOP lending effort...
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December 19, 2013, 08:03 AM
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NewStar Business Credit provided credit facilities totaling $8.5 million to Wafer Reclaim Services (“WRS”). Headquartered in San Jose, CA, WRS provides a range of specialized services related to the reclamation, oxidation, grinding and polishing of...
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December 19, 2013, 07:54 AM
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TowerJazz, the global specialty foundry leader announced the signing of an extension of its current agreement with Wells Fargo Capital Finance to provide TowerJazz with a $70 million credit line through December 2018 at a reduced interest rate....
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December 18, 2013, 08:02 AM
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NXT Capital announced that it has provided a senior secured credit facility to fund Westview Capital Partners’ acquisition of Apex Print Technologies, LLC.NXT Capital was the Sole Lead Arranger, Sole Bookrunner and Administrative Agent for this...
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December 16, 2013, 07:58 AM
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Golub Capital announced that, as sole bookrunner and administrative agent, it provided a $193 million GOLD financing to support the acquisition of National Technical Systems, Inc. ("NTS") by Aurora Capital Group ("Aurora"). GOLD financings are Golub...
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December 02, 2013, 07:47 AM
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Celsion Corporation, an oncology drug development company, announced today that it has entered into a loan agreement with Hercules Technology Growth Capital, Inc. that would permit up to $20 million in new capital distributable in multiple tranches...
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November 27, 2013, 07:46 AM
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Square 1 Bank announced it has provided a $7.5 million growth capital facility to San Jose-based Talari Networks. Proceeds from the facility will supplement working capital for the company. Talari Networks is a leading innovator in network...
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November 27, 2013, 07:37 AM
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Endurance International Group Holdings, Inc., a provider of cloud-based platform solutions designed to help small and medium-sized businesses succeed online, announced the successful refinancing and expansion of its first lien term loan facility and...
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November 27, 2013, 07:21 AM
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HEICO Corporation increased its $670 million revolving credit facility to an aggregate potential future capacity of $1 billion and that it also extended the facility by an additional year until December 2018. Under the amendment, $800 million of the...
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November 26, 2013, 11:10 AM
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Bank of America Business Capital announced it has led a $2 billion credit facility for Dell Inc. Proceeds will be used to help finance the acquisition of the company by Michael Dell and Silver Lake Partners and for ongoing working capital needs.Based...
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November 22, 2013, 07:49 AM
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Wells Fargo Capital Finance announced that their Supply Chain Finance group provided a $75 million credit facility to Intelligent Decisions, a global IT solutions provider, that will be used for working capital and growth purposes. Intelligent...
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November 21, 2013, 07:46 AM
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RMG Networks, a provider of technology-driven video advertising and visual communications solutions, announced it has completed a Second Amendment to its senior credit facility and repaid all but $8 million of its existing debt. The amended term loan...
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November 18, 2013, 07:16 AM
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Dataram Corporation has signed a Financing Agreement with Rosenthal and Rosenthal, Inc. The Financing Agreement provides for a revolving loan with a maximum borrowing capacity of $3.5 million. The loans under the Financing Agreement mature on...
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November 11, 2013, 07:56 AM
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On November 7, Stratasys Ltd., and Stratasys International Ltd., a wholly owned subsidiary of the company, entered into a credit agreement with Bank of America, N.A., as Administrative Agent and Swing Line Lender, and the lenders party thereto...
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November 11, 2013, 07:29 AM
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InspireMD Inc., a leader in embolic protection stents, today announced that it has secured $10 million in venture debt financing to support expanding its ability to execute on emerging clinical research and product development efforts. The company...
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November 04, 2013, 07:25 AM
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Jibe, Inc. closed a $4 million credit facility from Silicon Valley Bank lending greater viability to Jibe’s position as one of the fastest-growing technology innovators in the recruiting and human capital management (HCM) market and will be used to...
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October 31, 2013, 07:24 AM
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ExteNet Systems, Inc. announced a new $210 million senior credit facility arranged by SunTrust Robinson Humphrey, Inc. and CIT Finance LLC.Under the new facility, ExteNet has secured $210 million in borrowing capacity, consisting of a $140 million...
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October 30, 2013, 08:04 AM
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White Oak Global Advisors, LLC (“White Oak”) announced the funding of a $33.0 million senior secured term loan to a global provider of intravascular robotics products and technology. The financing was used to refinance existing debt and will support...
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October 28, 2013, 08:03 AM
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Golub Capital announced today that, as Sole Bookrunner and Administrative Agent, it provided a $153 million GOLD financing to support the acquisition of Competitrack, Inc. by Market Track, LLC. Market Track is a portfolio company of Aurora Capital...
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October 25, 2013, 08:01 AM
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Monroe Capital announced the funding of a $14 million senior secured credit facility to help enable growth of a technology services company by private equity sponsors Olympic Valley Capital and Boathouse Capital.
The company provides IT support...
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October 22, 2013, 07:28 AM
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Scientific Games Corporation completed the acquisition of WMS Industries Inc., combining leading businesses offering lottery games, gaming machines and game content, systems, sports betting technology, and social, mobile and interactive content and...
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October 21, 2013, 08:03 AM
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Reuters reported Twitter is finalizing a $1 billion revolving credit facility ahead of its expected initial public offering, sources told Thomson Reuters LPC. According to the Reuters report, Goldman Sachs, Morgan Stanley, JP Morgan, Bank of America...
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October 15, 2013, 07:53 AM
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Acxiom, an enterprise data, analytics and software-as-a-service (SaaS) company, announced a $600 million refinancing. The $600 million refinancing consists of a $300 million term loan and a $300 million undrawn revolving credit facility. In addition...
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October 14, 2013, 07:21 AM
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ON Semiconductor Corporation has entered into an amended and restated senior revolving credit facility with a group of lenders. An SEC 8-K filing notes JPMorgan Chase is the adminstrative agent. Lenders include Bank of America, The Royal Bank of...
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October 11, 2013, 07:51 AM
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GTT announced that it has completed an expanded syndication of its senior credit facilities. GTT increased its revolving line-of-credit to $7.5 million from $5 million and the total amount of this financing to $72.5 million, increasing capital...
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October 10, 2013, 08:02 AM
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Fifth Street Management LLC announced that its venture lending group, Fifth Street Technology Partners, has worked with Silicon Valley Bank ("SVB") to refinance an existing credit facility and provide additional growth capital for HealthEdge Software...
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October 10, 2013, 07:23 AM
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A10 Networks, a technology leader in Application Networking, today announced it has secured $115 million in capital through an equity financing and a committed revolving credit facility. Summit Partners, a leading global growth equity firm, led the...
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October 04, 2013, 07:37 AM
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LightPath Technologies, a vertically integrated global manufacturer and distributor of proprietary optical components and high-level assemblies, announced today that it has secured a $2,000,000 line of credit facility with Avidbank Corporate Finance...
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October 04, 2013, 07:23 AM
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Zhone Technologies, Inc. announced that on Sep. 30, the company entered into an amendment of its existing senior secured revolving credit facility with Wells Fargo Capital Finance to extend the maturity date of the facility from March 13, 2014 to...
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October 02, 2013, 07:03 AM
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Computer maker Dell Inc set indicative pricing on the new $5.5 billion loan backing the company's approximately $25 billion buyout by founder and CEO Michael Dell and private equity firm Silver Lake Partners, sources told Thomson Reuters LPC.The new...
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September 12, 2013, 08:02 AM
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OM Group, Inc. has entered into a new five-year senior secured revolving credit facility, replacing its previous credit facility that was scheduled to expire in August 2016. The new facility provides for $350 million of revolving borrowing capacity...
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September 09, 2013, 08:02 AM
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Retail Solutions Inc. (RSi), a global provider of cloud-based, Big Data analytics and real-time intelligence for the consumer-products industry, today announced that it entered into a new credit facility with City National Bank and Bridge Bank. The...
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September 04, 2013, 07:58 AM
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Demand Media has entered into a new $225 million credit facility comprised of a $125 million revolving credit facility and a $100 million term loan. The new facility, which matures in August 2018, replaces the company’s existing $105 million...
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September 04, 2013, 07:46 AM
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Epiq Systems, Inc. announced that the company has closed a new $400 million senior secured credit facility. The facility includes a $100 million revolver due August 2018 and a $300 million term loan with a maturity of August 2020. The new facility...
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August 28, 2013, 07:49 AM
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PGi has closed an amendment to its credit facility that provides for, among other things: (i) increasing the overall borrowing capacity to $400 million from $300 million; (ii) extending the maturity of the credit facility from December 20, 2016 to...
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August 28, 2013, 07:15 AM
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Vishay Intertechnology, Inc. entered into an amended and restated $640 million credit facility. The senior secured facility matures on August 8, 2018. The company’s original $528 million revolving credit facility was scheduled to mature on December 1...
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August 09, 2013, 07:58 AM
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GE Capital has signed an agreement with Imation Corporation Japan, a subsidiary of Imation Corp, a global scalable storage and data security company, headquartered in Oakdale, Minnesota, USA, to provide up to two billion yen (approximately US$20...
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August 08, 2013, 08:04 AM
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Kodak finalized the syndication and allocation of a new five-year senior secured asset-based revolving credit facility of $200 million. Together, this facility and the $695 million exit and post-emergence term-loan credit facilities announced on...
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August 07, 2013, 08:02 AM
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Horizon Technology Finance led a $6 million venture loan facility for Ekahau, Inc. a provider of Wi-Fi-based Real-Time Location Systems (RTLS) which enables enterprises to locate, track and manage assets, inventory, staff and visitors. Ekahau will...
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August 02, 2013, 07:31 AM
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MVC Capital, a publicly traded business development company that makes private debt and equity investments, announced the completion of a second lien term loan of $10.0 million to Pre-Paid Legal Services, Inc. d/b/a LegalShield. LegalShield is a...
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August 02, 2013, 07:19 AM
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SMART Technologies Inc., a leading provider of collaboration solutions, announced today that its wholly-owned subsidiary, SMART Technologies ULC, has priced a new four-and-a-half-year senior secured term loan in an aggregate principal amount of $125...
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Newport Corporation has entered into a new $275 million senior secured revolving credit facility, with a $50 million expansion option, through a syndicate of global financial institutions led by JPMorgan Chase Bank, N.A. The new credit facility...
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Allscripts announced it has closed its new senior secured credit facilities and completed other previously announced capital structure initiatives.
Allscripts recent capital structure initiatives provide the company with improved capital efficiency...
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MCG Capital Corporation announced the closing of a $12.6 million investment in Community Investors, Inc. (CII). MCG’s investment consists of a senior secured unitranche credit facility, a revolving line of credit and an equity co-investment.CII is a...
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Advent Software, a leading provider of software and services for the global investment management industry, announced a one-time special cash dividend of $9 per share totaling approximately $470 million. The special dividend will be financed with...
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Innotrac Corporation successfully refinanced and expanded its senior credit facility with SunTrust Bank. Innotrac plans to use the increased availability to fund its market expansion and growth in the U.S. The new 3 year, $25 million credit...
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Telkonet, Inc., developer of the EcoSmart energy management platform featuring Recovery Time technology, announced it has been granted a $2 million traditional business credit line from San Jose, CA-based Bridgebank.
"We are very pleased to have...
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Bridge Bank, a subsidiary of Bridge Capital Holdings, announced today it recently closed $15 million in funding for Rimini Street, Inc.
"As a high-growth, pre-IPO company that is rapidly expanding operations and serving a global client base, Rimini...
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Semtech Corporation, a leading supplier of analog and mixed-signal semiconductors, executed a new credit agreement consisting of a senior secured term loan facility in the principal amount of $150 million and a $250 million senior secured revolving...
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ARI Network Services announced today the closing of new senior secured credit facilities with Silicon Valley Bank. The new credit facilities are structured to help ARI better facilitate its growth strategies.
Under terms of the agreement, the...
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Appia, a mobile user acquisition network, secured $5 million in debt funding from Portland, ME-based venture capital firm North Atlantic Capital while expanding its facility with Silicon Valley Bank. The capital will be invested primarily in sales...
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Mattson Technology, a leading supplier of advanced process equipment used to manufacture semiconductors, today the company entered into a three-year revolving credit facility for $25 million with Silicon Valley Bank. Upon closing, the company...
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Redknee Solutions Inc., a provider of business-critical software and solutions for communications service providers announced that its wholly-owned subsidiary, Redknee Inc., has entered into an amended and restated credit agreement with Wells Fargo...
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NXT Capital’s Venture Finance Group announced the closing of a $4.5 million venture loan to Vantrix, a leading provider of message and video bandwidth optimization solutions for carriers, ISPs and enterprises. Vantrix will use growth capital from the...
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OCZ Technology Group entered into a $30 million loan and security agreement with Hercules Technology Growth Capital. This loan agreement consists of a $15 million term loan and a $15 million revolving loan facility. The company had reduced its use of...
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Latisys, a provider of Infrastructure as a Service (IaaS) solutions spanning data center colocation, managed hosting, cloud and hybrid infrastructure, today announced a new $200 million credit facility including a six-year, $180 million institutional...
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