Trinity Capital announced the commitment of $40 million in growth capital to Beam Benefits ("Beam"), a digitally native employee benefits company.Founded in 2012, Beam began by modernizing dental benefits. Since then, Beam has evolved into a one-stop...
Read Story
October 11, 2024, 08:05 AM
|
Sallyport Commercial Finance successfully funded a $1.5 million accounts receivable facility for a supplier in the floral industry. Specializing in salal, a key component in wreaths and floral bouquets, the company sought funding to manage the...
Read Story
October 07, 2024, 07:00 AM
|
CIBC Innovation Banking provided growth capital to Booksy, a mobile-first booking platform that connects beauty, wellness and health professionals with local customers, powering hundreds of millions of appointments each year. The company will use the...
Read Story
October 04, 2024, 07:50 AM
|
Client: Texas-based Lone Star Pipe Services, LLC, is a family-owned and operated business specializing in industrial coatings. They offer a wide range of services, including a range of coatings, pipe restoration, repairs and storage. A start-up...
Read Story
|
Carl Marks Securities, an affiliate of middle market investment bank Carl Marks Advisors, successfully guided JDC Power Systems ("JDC" or "the Company"), an industry-leading provider of mission critical power solutions to the data center market...
Read Story
|
Electric Hydrogen announced $100 million in corporate credit financing to support manufacturing and deployment of their innovative 100MW electrolyzer plants, which enable the lowest cost production of green hydrogen. The funding was led by HSBC, with...
Read Story
|
H2O Innovation entered into an agreement with National Bank of Canada, acting as lead arranger, sole bookrunner, administrative agent and Sustainability Structuring Agent of a syndicate of three banks including Scotiabank and the Toronto-Dominion...
Read Story
|
MidCap Business Credit completed a $5 million asset-based credit facility for a manufacturer and distributor of cryogenic storage and transportation equipment located in the Southeast. The opportunity was sourced and closed out of MidCap’s regional...
Read Story
|
eCapital funded an $18 million asset-based lending facility for a leading commercial linen services company. This transaction not only demonstrates eCapital's commitment to supporting mid-market businesses but also highlights the value of its...
Read Story
|
Seeking to broaden their sales reach in the US market, a thermal insulation company establish a new subsidiary. However, faced with insufficient working capital to fulfill substantial orders that would help them achieve their new sales goals, they...
Read Story
|
Culain Capital Funding announced the completion of an amendment to increase the accounts receivable financing facility of a Texas Warehousing/Fulfillment client. The amended facility marks a substantial increase in the initial purchased receivable...
Read Story
|
Northleaf Capital Partners served as the lead arranger of a US$100 million asset-backed second lien credit facility to Cutting Edge Group (“CEG”), an established investor in and manager of niche media music rights. Headquartered in London, CEG’s...
Read Story
|
Comvest Credit Partners is acting as Administrative Agent and is the Sole Lender on a $117 million senior secured credit facility for ACT Entertainment, a portfolio company of investment firm BASE Equity Partners (“BASE”). The financing was used to...
Read Story
|
Culain Capital Funding provided a $3,500,000 accounts receivable factoring facility for a mechanical services company based in Houston, TX. Specializing in HVAC, refrigeration, electrical and plumbing services, the client is a relatively new company...
Read Story
February 06, 2024, 07:40 AM
|
Oxford Commercial Finance funded a $750,000 accounts receivable purchase to a Florida based UV disinfectant company, specializing in the UV disinfection of air and water.
Read Story
January 18, 2024, 07:00 AM
|
NXT Capital provided a senior credit facility to support Sentinel Capital Partners’ recapitalization of Online Labels Group. NXT Capital acted as the Administrative Agent, Joint Lead Arranger, and Joint Bookrunner on this transaction. “We are pleased...
Read Story
January 12, 2024, 07:00 AM
|
Stellus Capital Management announced that its affiliates provided senior debt financing and an equity co-investment in support of Summit Park’s acquisition of Michelli Weighing & Measurement, a leading provider of test and measurement services and...
Read Story
January 09, 2024, 06:00 AM
|
O2 Sponsor Finance, a division of Old Second National Bank, provided $12 million in senior secured credit facilities to support Soundcore Capital Partners' formation of Door & Dock Holdings, LLC ("Door & Dock Holdings") through its investment into...
Read Story
January 04, 2024, 07:44 AM
|
FrontWell Capital Partners closed a USD$6 million secured credit facility with Armored Republic Holdings LLC, a manufacturer of ballistic armor and body armor solutions.The facility, comprised of a revolver and a term loan, will be used by Armored to...
Read Story
December 19, 2023, 07:52 AM
|
Monroe Capital acted as administrative agent and sole lead arranger on the funding of a senior credit facility and equity co-investment to support the acquisition of Silversand Services and SLI Landscape by private equity sponsor Lincoln Road....
Read Story
November 16, 2023, 07:40 AM
|
CIBC Innovation Banking announced an upsized growth capital financing for DealMaker, a leading capital-raising technology platform. This funding will further fuel the company’s accelerated expansion across North America.DealMaker was founded in 2018...
Read Story
October 19, 2023, 07:52 AM
|
Express Wash Concepts (EWC) successfully secured a $150 million incremental credit facility led by MidCap Financial to further propel its core market greenfield development. This new facility empowers EWC to maintain its responsible, multi-brand...
Read Story
October 11, 2023, 07:51 AM
|
Nauticus Robotics, a developer of ocean robots and artificial intelligence for autonomous services to the offshore industries, entered into a senior secured term loan agreement with existing stakeholders, Transocean, ATW Partners, Material Impact...
Read Story
September 22, 2023, 07:00 AM
|
Pathlight Capital closed a $133.5MM upsize to the existing senior secured term loan credit facility to a Franchise Group, Inc. affiliated SPV to support an incremental purchase of a portfolio of performing receivables from W.S. Badcock Corporation...
Read Story
September 13, 2023, 07:41 AM
|
Trinseo, a specialty material solutions provider, obtained $1.077 billion in aggregate principal amount of secured term loan financing arranged by Angelo, Gordon & Co., L.P. and Oaktree Capital Management, with funds managed by Angelo Gordon, Oaktree...
Read Story
September 11, 2023, 07:57 AM
|
Flux Power Holdings, a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, secured a new $15.0 million credit facility from Gibraltar Business Capital (“GBC”) to fund working capital...
Read Story
August 04, 2023, 08:00 AM
|
Credit card and financial technology company Petal announced that it has closed a committed $200 million debt facility from Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit.Petal has also agreed to a...
Read Story
August 04, 2023, 07:41 AM
|
Griffon Corporation amended its credit agreement to increase the size of its revolving credit facility from $400 million to $500 million, and extend the maturity of the Revolver Facility from March 22, 2025 to August 1, 2028. The Amended Credit...
Read Story
August 03, 2023, 07:54 AM
|
Freeman, a global leader in events, has acquired Sparks, a global brand experience agency. Terms of the transaction were not disclosed. Financing for the transaction was provided by KKR primarily through KKR Opportunities Fund II and funds and...
Read Story
August 02, 2023, 07:38 AM
|
Versant Funding is pleased to announce it has funded a $4.8 Million non-recourse factoring transaction to a commercial bakery which serves major grocery chains.Versant’s newest client is a closely held business which has the opportunity to expand by...
Read Story
August 01, 2023, 07:07 AM
|
Paytient, the creator and leading provider of Health Payment Accounts (HPAs) has finalized a $7.5M venture debt facility with Silicon Valley Bank (SVB), a division of First Citizens Bank, which was first announced in January of this year. Since it...
Read Story
|
Amerisource Business Capital closed and funded a $10,000,000 senior credit facility for a Texas-based industrial, environmental, and mechanical services firm.Allison Billings, Market Manager for Amerisource, stated: “The company was in a factoring...
Read Story
|
Next.e.GO Mobile SE, a producer of urban battery electric vehicles and unique production technology, announced the successful closing of a $75 million fixed interest rate debt financing from Western Asset, one of the world’s leading fixed-income...
Read Story
|
O2 Sponsor Finance, a division of Old Second National Bank, provided $24,581,000 in senior secured credit facilities to support Tilia Holding's recapitalization of Refrig-IT Inc. and its affiliate Trilogy Warehouse Partners (together...
Read Story
|
Huntington Business Credit closed a $35,000,000 new credit facility with SupplyCore Inc. on May 19, 2023. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.SupplyCore Inc., headquartered in...
Read Story
|
Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Joint Lead Arranger for senior secured credit facilities to support the growth recapitalization of Triple Crown Consulting by WestView Capital Partners....
Read Story
|
Diebold Nixdorf entered into a restructuring support agreement with certain of its key financial stakeholders to effectuate a comprehensive debt restructuring transaction that is intended to be completed efficiently and quickly. The restructuring is...
Read Story
|
Stellus Capital Management announced its affiliates acted as administrative agent and provided senior debt financing and an equity co-investment in support of Eagle Merchant Partners’ acquisition of Impact Home Services, an independent owner and...
Read Story
|
Stellus Capital Management announced that its affiliates provided senior debt financing and an equity co-investment in support of Bishop Lifting Products, Inc. (“BLP”), a portfolio company of Altamont Capital Partners (“Altamont”), on its acquisition...
Read Story
|
Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, provided $15.3 million in financing to ROC USA® since 2021. Headquartered in Concord, NH, ROC USA is a nonprofit organization on a...
Read Story
|
Amerisource Business Capital closed and funded a $4,500,000 bridge term loan for a Pennsylvania-based family-operated recreational property. The proceeds were used to support the company’s seasonal operations, ongoing growth, and working capital...
Read Story
|
Iron Horse Credit (“IHC”), closed a $2,000,000 stand-alone inventory revolving line of credit to a Hydroponic Grow Systems and Nutrients Distributor. Iron Horse was able to pay off the company’s high-interest notes and provide the California-based...
Read Story
|
A Southeast-based subsidiary of a European holding company was introduced to Prestige Capital by one of its premier referral sources seeking a solution to expand its call center operations and repay some of its intracompany advances. Within two weeks...
Read Story
|
Gridium, a decarbonization partner to leading real estate firms, announced total funding of over $14 million from investors who see the potential to decarbonize commercial buildings. Lead investor Navitas Capital joined other luminaries from the...
Read Story
February 24, 2023, 07:54 AM
|
Fifth Thrid Bank provided a new $25 million refinance facility including a revolving credit facility and real estate term loan to APTURA Group. APTURA Group is a 100% employee-owned team of professionals committed to providing holistic solutions to...
Read Story
January 27, 2023, 07:57 AM
|
Flux Power Holdings, a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, expanded the available credit under its existing facility with Silicon Valley Bank. The amended agreement...
Read Story
January 17, 2023, 08:00 AM
|
Bryant Park Capital (BPC) announced that DLF Management Corp., dba Dynamic Legal Funding, LLC, a leading provider of legal and medical funding, closed on a senior secured debt transaction with a large commercial bank.BPC served as the exclusive...
Read Story
January 13, 2023, 07:22 AM
|
Sterling Check Corp. announced a $700 million refinancing of the Company’s credit facility and the authorization of a $100 million share repurchase program. These distinct yet complementary strategic initiatives will enhance Sterling’s financial...
Read Story
November 30, 2022, 07:09 AM
|
Expert in global pay solutions, CloudPay, has raised a new $50 million round of capital while recording strong growth as demand for cloud-based integrated global payroll and payments services continues.The funds raised were led by Runway Growth...
Read Story
October 28, 2022, 07:43 AM
|
Comvest Credit Partners acted as Administrative Agent on a $400 million senior secured credit facility to Beyond Finance, a Houston-based provider of success fee-based debt resolution services that has been part of Comvest’s Direct Lending portfolio...
Read Story
October 27, 2022, 07:34 AM
|
Victory Park Capital (“VPC”) provided a $100 million credit facility to Nelo, a consumer payments platform for online purchases in Mexico.Nelo’s recently launched all-in-one app enables customers to pay in installments at any online merchant, through...
Read Story
October 20, 2022, 07:57 AM
|
Configure Partners, a leading middle-market investment bank, announced its role as exclusive financing advisor to Hidden Harbor Capital Partners (“Hidden Harbor” or “HHCP”) in securing committed debt capital to support HHCP’s acquisition of Machinery...
Read Story
October 17, 2022, 06:00 AM
|
King Trade Capital (“KTC”) provided a unique finance solution to support a provider of seasonal onsite flu vaccine clinics. KTC’s client has been in business for over 20 years focusing on providing onsite vaccine clinics at their customers facilities...
Read Story
September 29, 2022, 07:35 AM
|
Wingspire Capital provided a revolving loan facility in concert with a larger asset-based credit facility with WhiteHawk Capital Partners to trading card investment platform PWCC Marketplace, LLC and certain affiliates to create further liquidity...
Read Story
September 28, 2022, 07:50 AM
|
Clip, Mexico's leading commerce and digital payments platform, continues to strengthen its operations and offerings that drive the digital transformation of Mexico's economy by entering into a $50 million, three-year, unsecured revolving credit...
Read Story
September 08, 2022, 06:00 AM
|
Stellus Capital Management announced that its affiliates provided senior debt financing and an equity co-investment in support of Summit Park’s acquisition of Curion Holdings, LLC. Curion is a leading, full-service provider of product testing and...
Read Story
August 26, 2022, 07:47 AM
|
Blackline Safety Corp.,a global leader in connected safety, signed a non-binding term sheet for a new two-year $15 million senior secured operating facility — with a potential $5 million accordion feature to increase the size of the facility — with...
Read Story
August 23, 2022, 07:30 AM
|
Benefitfocus, an industry-leading cloud-based benefits administration technology company, entered into a loan agreement led by JPMorgan providing for a senior secured credit facility in the amount of $140 million to replace the Company’s existing...
Read Story
August 19, 2022, 07:53 AM
|
Fifth Third Business Capital provided a new $15 million senior credit facility comprised of a Capital Expenditure facilty and Revolving Line of Credt to support the refinancing of Puraglobe Syntainics, LLC. Puraglobe Syntainics, LLC blends, packages...
Read Story
August 19, 2022, 07:45 AM
|
Columbia Pacific Advisors’ Business Finance strategy (CPBF), a Seattle-based direct lender to privately-held and sponsor-backed companies, provided a $17 million senior secured term loan to support the acquisition of Signal Hound, Inc. The radio...
Read Story
August 10, 2022, 07:00 AM
|
Concrete Pumping Holdings, a leading provider of concrete pumping and waste management services in the U.S. and U.K., announced that Brundage-Bone Concrete Pumping Holdings Inc., a wholly-owned subsidiary of the Company, and certain of its...
Read Story
August 08, 2022, 07:33 AM
|
Mace Security International, a globally recognized leader in personal safety products, extended its Revolving Line of Credit with Fifth Third Bank effective July 29, 2022. The Credit Agreement is secured by substantially all Company assets and...
Read Story
August 08, 2022, 07:05 AM
|
Eos Energy Enterprises, a leading provider of safe, scalable, efficient, and sustainable zinc-based energy storage systems, closed an $85 million senior secured term loan facility with Atlas Credit Partners (“ACP”).“We are excited to partner with ACP...
Read Story
August 01, 2022, 07:49 AM
|
GovCon Capital completed a $3.5 million equipment finance investment for a commercial space contractor. The equipment will be located in the United States and will provide testing capability for mobile launch vehicles.“Our team at GovCon Capital is...
Read Story
|
MidCap Financial provided a senior secured credit facility to Echelon Fitness Multimedia LLC and Echelon Fit Canada Inc. (“Echelon”). Proceeds from MidCap will be used on Echelon’s business needs by providing ongoing working capital for growth and...
Read Story
|
MidCap Business Credit completed a $17 million asset-based credit facility to Virginia Explosives & Drilling Company. The business was established in 1998 and is headquartered in Vansant, VA. Virginia Drilling Company, LLC was formed when the owners...
Read Story
|
Lucid Group announced entry into a Credit Agreement (the "Credit Agreement") on June 9, 2022. Bank of America is the administrative agent and swingline lender on the transaction. Other lenders in the initial bank syndicate include Citigroup; Barclays...
Read Story
|
While sometimes unrelated, changes in company demands for working capital can often occur at the same time as other changes in the business such as changes in ownership structure. When this happens, it’s important to have access to flexible working...
Read Story
|
Siena Lending Group closed a $30 million asset-based credit facility for CST Industries, Inc.. The revolving credit facility was used to refinance existing debt and to provide additional working capital to support the Company’s turnaround and growth...
Read Story
|
StoneX Group agreed to amend its existing $401 million senior secured credit facility, to extend the maturity through April 2025 and to increase the size of the facility to $475 million. The existing facility, comprised of a $236 million revolving...
Read Story
|
Bridge Bank announced its Structured Finance Group has closed on credit facilities totaling $7.5 million for San Diego-based Blue Sky eLearn.Blue Sky eLearn, sponsored by McCarthy Capital, plans to use the funds as working capital to support its...
Read Story
|
White Oak Commercial Finance provided a $7 million senior secured credit facility to a NY-based converter and distributor of flexible film packaging products for the medical, cosmetic, and food industries.The transaction was structured against the...
Read Story
|
LSQ recently originated a $5 million credit facility for a Texas-based commodities logistics company.The firm will use the capital to fund growth with several of the country’s largest steel manufacturers. Prior to the new facility, the company had a...
Read Story
|
Evoqua Water Technologies activated the sustainability-linked adjustment feature available under its $350 million revolving credit facility as part of the company's continued commitment to integrating sustainability performance into its business...
Read Story
February 28, 2022, 07:03 AM
|
Kratos Defense & Security Solutions refinanced its outstanding $90 million Revolving Credit Facility and $300 million 6.5% Senior Secured Notes, with a new 5-year $200 million Revolving Credit Facility and 5-year $200 million Term Loan A...
Read Story
February 23, 2022, 07:27 AM
|
Pitney Bowes Inc., a global shipping and mailing company that provides technology, logistics and financial services, announced the Pitney Bowes Bank has signed a term loan and accompanying revolving line of credit with Zion Delivery Service, Inc...
Read Story
February 10, 2022, 07:50 AM
|
Cambridge Wilkinson ("CW") closed a $150MM credit facility for an institutional caliber litigation finance lender which specializes in originating and underwriting loans that have a first priority claim on all revenues generated by the case...
Read Story
January 14, 2022, 07:07 AM
|
Tiger Finance closed on a $13.75 million term loan for Waller, Texas-based Laney Directional Drilling—a full-service trenchless construction and engineering firm known for its highly complex drilling operations on major infrastructure projects.The...
Read Story
January 06, 2022, 08:14 AM
|
Citizens provided financing to San Francisco-based PRO Unlimited Global Solutions Inc. Established in 1991, PRO Unlimited is a leading provider of end-to-end contingent workforce management solutions to a broad range of global clients and has been a...
Read Story
December 21, 2021, 07:50 AM
|
Performant Financial, a leading provider of technology-enabled audit, recovery, and related analytics services in the United States with a focus in the healthcare payment integrity services industry, entered into a new credit agreement with MUFG...
Read Story
December 21, 2021, 06:00 AM
|
Global fintech MODIFI announced $145 million in debt financing with existing bank partners Silicon Valley Bank and Solarisbank. The funds will be used to address increasing demand and help more small and medium-sized enterprises trade internationally...
Read Story
December 16, 2021, 07:50 AM
|
Great Rock Capital expanded its senior secured credit facility for Mersino Management, providing an additional $10.0 million of borrowing capacity. Mersino is a leading provider of pumping and dewatering services. The increased borrowing capacity...
Read Story
December 03, 2021, 08:02 AM
|
Varagon Capital Partners is serving as Administrative Agent, Lead Arranger and Bookrunner on a senior secured credit facility to support Marlin Equity Partners’ acquisition of ImagineSoftware.ImagineSoftware is a leading provider of medical billing...
Read Story
November 24, 2021, 07:48 AM
|
CIT Group announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a senior secured credit facility to support the acquisition of Baker & Taylor LLC, a premier provider of books, digital content...
Read Story
November 17, 2021, 07:47 AM
|
iPower Inc., one of the leading online hydroponic equipment suppliers and retailers in the United States, entered into a three-year $25 million secured revolving credit facility with JPMorgan Chase Bank. The credit facility also provides an accordion...
Read Story
November 16, 2021, 07:55 AM
|
Cambridge Savings Bank (CSB) announced that its Asset-Based Lending team has closed a custom financing package for Medical Record Associates, LLC (MRA), a leading provider of medical coding, auditing and cancer registry services. The Wellesley...
Read Story
November 02, 2021, 07:50 AM
|
MarketWise, formerly known as Beacon Street Group, a leading multi-brand digital subscription services platform providing premium financial research, software, education, and tools for self-directed investors, announced that its direct subsidiary...
Read Story
November 01, 2021, 08:05 AM
|
Mundi, a financial services platform for cross-border trade, announced today that it has raised a $100 million warehouse facility from Silicon Valley Bank. This will enable the company to expand and support its high levels of growth.“We are very...
Read Story
October 26, 2021, 07:29 AM
|
LBC Small Cap, an affiliate of LBC Credit Partners, provided senior secured credit facilities to Premium Service Brands, a Charlottesville, VA based multi-brand franchisor and portfolio company of Susquehanna Private Capital ("SPC"). The investment...
Read Story
October 12, 2021, 07:40 AM
|
Thermon Group Holdings entered into an amended and restated Credit Agreement with JPMorgan Chase Bank and certain other lenders. Under the Credit Agreement, Thermon's existing $140 million term loan B and revolving credit facility were replaced with...
Read Story
September 30, 2021, 07:00 AM
|
CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $45 million senior secured credit facility for MVP Payroll Financing LLC. Based in Chandler, Arizona, MVP Payroll Financing provides business clients...
Read Story
September 22, 2021, 07:49 AM
|
Amerisource Business Capital closed and funded a $3,000,000 revolving credit facility for a Texas-based instrumentation firm. The proceeds were used to re-finance their existing bank line and fund ongoing working capital needs.
Allison Billings...
Read Story
September 13, 2021, 07:32 AM
|
Nomad Royalty Company secured commitments with The Bank of Nova Scotia ("Scotia"), Canadian Imperial Bank of Commerce ("CIBC") and The Royal Bank of Canada ("RBC") to increase its revolving credit facility to US$125 million with the option to...
Read Story
August 30, 2021, 07:45 AM
|
Haivision Systems, a leading global provider of mission-critical, real-time video streaming and networking solutions, entered into a three-year credit agreement providing for a new revolving line credit facility in the maximum principal amount of $35...
Read Story
August 23, 2021, 07:55 AM
|
GovCon Funding Corporation completed financing on an $18 million credit facility for a global defense contractor. The asset-based credit facility will provide their client with the flexibility to finance assets located in foreign countries and fund...
Read Story
August 23, 2021, 07:50 AM
|
White Oak Global Advisors provided a $45 million term loan to a global metals and commodity trading conglomerate, supporting its acquisition of the largest domestic vertically integrated producer of Alumina. “As an incumbent lender to the business...
Read Story
August 16, 2021, 08:02 AM
|
Associa, the industry’s largest community management company, announced a new $1.27 billion senior secured credit facility. The financing was led by Owl Rock, a Division of Blue Owl. Blue Owl is a $52 billion leading alternative asset management...
Read Story
August 11, 2021, 08:00 AM
|
Sonic Foundry obtained a new $3 million secured revolving credit facility from U.S. Bank. The new agreement maintains a maximum availability of $3 million or the applicable borrowing base and bears interest at an annual rate equal to the one-month...
Read Story
August 04, 2021, 07:30 AM
|
Columbia Pacific Business Finance (CPBF), a fully capitalized fund providing direct financing to emerging growth and middle market companies, provided an $18 million senior secured term loan facility to Level 3 Payments (L3P), a Miami-based...
Read Story
|
Wells Fargo Bank provided a new and expanded credit facility to Natural Alternatives International. This new credit facility replaces the previous facility and increases our borrowing capacity from $10 million to $20 million and allows us to use the...
Read Story
|
MidCap Financial provided a $15 million senior secured credit facility to ImageOne Industries, LLC (“ImageOne”), a provider of branding, signage, and maintenance services. The MidCap Financial credit facility refinanced the company’s prior credit...
Read Story
|
Monroe Capital announced an increase in its credit facility to Mammoth Holdings, LLC (“Mammoth”) to support the acquisition of Lulu’s Express (“Lulu’s”). In October 2018, Mammoth partnered with Red Dog Equity LLC, an Atlanta-based private equity firm...
Read Story
|
Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the investment in Premier Roofing by private equity sponsor Aurora Capital Partners.Headquartered in Denver, Colorado, Premier...
Read Story
|
Gunvor USA closed the syndication of its US$1.1 billion borrowing base credit facility. The facility includes a US$500 million accordion feature, which remains available to support future growth.The proceeds of the facility will refinance Gunvor...
Read Story
November 24, 2020, 07:40 AM
|
Udacity, which prepares employees and students for careers of the future, announced that it signed a $75 million debt facility with Hercules Capital serving as the underwriter.The company also announced that its Q3 enterprise and government bookings...
Read Story
November 05, 2020, 07:46 AM
|
Business Capital (BizCap™) secured USDA backed Construction Financing for 3 Horse Ranch Vineyards LLC (3HRV), a leading vertically integrated winery. The vast historic ranch is the largest family owned winery in Idaho, located in the Eagle Foothills...
Read Story
October 13, 2020, 07:00 AM
|
Xylem Inc., a leading global water technology company dedicated to solving the world’s most challenging water issues, has announced execution of its new $800 million Senior Unsecured Revolving Credit Facility. With this transaction, Xylem has...
Read Story
|
Graybar, a leading distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services, announced that it has completed the amendment and extension of its unsecured revolving...
Read Story
August 15, 2018, 08:10 AM
|
U.S. Silica Holdings entered into the Third Amended and Restated Credit Agreement with BNP Paribas, as administrative agent. The Credit Agreement increases U.S. Silica’s existing senior debt by entering into a new $1.38 billion senior secured credit...
Read Story
|
Iron Mountain Incorporated, the storage and information management services company, announced that it has closed on the amendment and refinancing of its existing senior secured $1,750 million revolving credit and $250 million term loan A facilities...
Read Story
|
KBR, Inc., a global provider of differentiated professional services and technologies to the Government Services and Hydrocarbons sectors, announced that it completed the debt-only refinancing which was announced earlier this year. KBR has entered...
Read Story
|
Remington Outdoor Company, a manufacturer of small arms, has filed for Chapter 11 protection from its creditors in U.S. Bankruptcy Court in Delaware. The company listed assets of $100-500 million and liabilities of $100-500 million.
Remington did...
Read Story
|
Ashford announced that it has entered into a new $35 million senior revolving credit facility with Bank of America, N.A. The credit facility provides for a three-year revolving line of credit and bears interest at a range of 3.0% - 3.50% over LIBOR...
Read Story
|
Sterling National Bank provided senior secured credit facilities totaling $40,000,000 to SDI, Inc. Founded in 1971 and Headquartered in Bristol, PA, SDI provides solutions for all aspects of the maintenance, repair and operations (MRO) supply chain...
Read Story
February 14, 2018, 07:18 AM
|
Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a unitranche credit facility to support the 50-50 joint venture of Gas Station TV (GSTV) and Verifone Pump Media. GSTV is owned by Rockbridge Growth...
Read Story
|
Monroe Capital LLC announced an increase in the credit facility to OSG Billing Services (“OSG”), an ESOP owned-business, to support the acquisition of SouthData, Inc. (“SDI”). Based in Mount Airy, North Carolina, SDI is a national, full-service...
Read Story
|
Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced the closing of an $8 million senior secured term loan agreement with Natrix Separations, Inc. ("Natrix")....
Read Story
|
NXT Capital announced that it has provided a $100 million senior secured credit facility to support the refinancing of Material Handling Services, a portfolio company of CI Capital Partners. NXT Capital acted as the joint lead arranger, joint...
Read Story
|
BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was joint lead arranger, joint bookrunner and administrative agent for $45 million in senior credit facilities to Venio LLC, a...
Read Story
February 25, 2014, 07:15 AM
|
LifeVantage Corporation, a company dedicated to helping people achieve healthy living through a combination of a compelling business opportunity and scientifically validated products, announced that in connection with its recently announced Dutch...
Read Story
October 21, 2013, 09:12 AM
|
AloStar Business Credit has provided a senior secured credit facility to Yellowstone Landscape Group, Inc., a full-service commercial landscaping firm servicing the south and southeast regions of the U.S. The senior secured credit facility consists...
Read Story
September 25, 2013, 07:41 AM
|
INTL FCStone Inc. announced that it has agreed to a new, three year, senior secured revolving credit facility in the amount of $140 million. This facility replaces a $135 million facility maturing October 1, 2013 and will be used to finance working...
Read Story
September 25, 2013, 07:19 AM
|
Encore Capital Group, a provider of debt management and recovery solutions for consumers and property owners across a broad range of assets, reported the successful closing of a $100 million asset-backed credit facility with Wells Fargo Bank. The...
Read Story
|
Carriage Services, Inc. entered into a third amendment to the Credit Agreement (the Third Amendment) which provides for an increase in the revolving credit commitments under the Credit Agreement from $105 million to $125 million and a decrease in the...
Read Story
|
Monroe Credit Advisors announced the closing of a $23.5 million in senior secured credit facilities for its client, Footprint Retail Services, a Chicago Growth Partners portfolio company. Footprint provides installation, merchandising, logistics and...
Read Story
|
Gogo, the leader of in-flight connectivity and a pioneer in wireless in-flight digital entertainment solutions, announced today that it has closed a $113 million increase to its existing $135 million credit facility arranged by Morgan Stanley and J.P...
Read Story
|
CapitalSource closed a $20 million increase to its revolving credit facility with ASG Security. The company plans to utilize the additional capacity to continue executing on its growth plans over the next several years.
Based in Beltsville, Md., ASG...
Read Story
|
Weight Watchers International has successfully refinanced its long-term debt and has used the proceeds from its new term loans to pay off the outstanding borrowings under its previous term loans and revolving credit facilities.
The company announced...
Read Story
|
Martin Midstream Partners entered into a new secured revolving credit facility with lender commitments of $600 million. The newly amended agreement upsizes the facility from $400 million and extends the tenor of the facility by over two years with a...
Read Story
|
CCA or Corrections Corporation of America announced it entered into an amendment of its Amended and Restated Credit Agreement. An 8-K filing with the SEC indicates that Bank of America is serving as the administrative agent on the amendment. The...
Read Story
|
MDC Partners announced it entered into an amended and restated five-year $225 million revolving credit facility. An SEC 8-K filing indicates that Wells Fargo Capital Finance is serving as administrative agent. Other lenders include JP Morgan Chase...
Read Story
|