Lighthouse Financial completed a $4,000,000 revolving line of credit to a South Carolina-based manufacturer and distributor of lighting fixtures. The company sells a wide range of interior and exterior lighting products, including pole and wall...
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November 15, 2024, 07:55 AM
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Legacy Corporate Lending provided a $40 million asset-based credit facility to Spray Products Corporation, a family-owned contract manufacturer of aerosol and liquid consumer products. The transaction, which is backed by accounts receivable...
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November 07, 2024, 08:17 AM
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Brightwood Capital Advisors, a private credit firm, and PhenixFIN Corporation, a publicly traded business development company, partnered with Insight Equity to provide a senior secured credit facility and preferred equity facility to support the...
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November 07, 2024, 07:45 AM
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Phoenix IB, part of J.S. Held, acted as the exclusive investment banker to its long-term client, Spray Products Corporation, in arranging, structuring, and negotiating a $40 million loan package with Legacy Corporate Lending. “Phoenix IB is...
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November 06, 2024, 08:15 AM
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TAB Bank closed a $4 million working capital facility with a rapidly growing, full-service metal manufacturer serving the aerospace, defense, medical, marine and renewable energy industries. The partnership will help the manufacturer consolidate two...
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October 25, 2024, 08:03 AM
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Mountain Ridge Capital ("MRC") closed a $25 million senior secured credit facility to a U.S.-based contract manufacturer of industrial parts and tools designed to serve the aerospace and defense and industrial sectors. The MRC facility refinanced...
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October 22, 2024, 08:10 AM
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MidFirst Business Credit (MFBC) recently provided a $7 million working capital facility to Orly International, Inc. (“Orly”). Headquartered in Los Angeles, CA, Orly is a manufacturer and wholesaler of high-quality nail lacquers and various nail care...
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September 19, 2024, 08:05 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 acquisitions of Ditron, and MSK Precision Products, by PrecisionX Group, an existing portfolio company of CORE Industrial...
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September 10, 2024, 07:12 AM
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MidCap Business Credit completed a $6 million asset-based credit facility for a manufacturer and distributor of power transfer equipment located in the Northeast. The opportunity was sourced and closed out of MidCap’s headquarters in West Hartford...
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September 04, 2024, 07:40 AM
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Ares Commercial Finance provided a $25 million senior secured revolving line of credit to Pegasus Home Fashions Inc. The Company is one of the largest manufacturers and distributors of bedding products in the United States. Specializing in the...
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September 04, 2024, 07:28 AM
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A distressed radiator component manufacturer based in Detroit Michigan with a primary manufacturing facility in Mexico became distressed as a result of delayed customer contracts and reduced demand in the 3rd party repair sector, which resulted in...
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August 23, 2024, 07:58 AM
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SSG Capital Advisors served as the investment banker to Pegasus Home Fashions, Inc. and its affiliated entities in the private placement of a $25 million revolving credit facility with Ares Management, LLC. The financing enabled Pegasus to refinance...
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August 16, 2024, 07:56 AM
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TAB Bank provided a $27.8 million credit facility for a leading manufacturer of aluminum extrusions based in southern California. The facility includes a $20 million revolver and a $7.8 million term loan. This partnership marks a significant step...
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August 15, 2024, 07:55 AM
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MidCap Business Credit closed on a $5,000,000 asset-based credit facility for Premier Engineered Products, a portfolio company of Colfax Creek. Through its operating subsidiary, Appalachian Cast Products, the company produces superior die cast parts...
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August 12, 2024, 05:24 PM
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Great Rock Capital provided $75 million in total capital to three NWI affiliates. The NWI companies deliver high precision complex machined components, sub-assemblies, and complete major assemblies of aviation components, along with components for...
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Amerisource Business Capital closed and funded a $6,000,000 working capital facility for a manufacturer of truck bed covers and liners based in the Northeast. Jeff Dunbar, Market Manager at Amerisource, stated: “Amerisource was able to provide an ABL...
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Post Road Equipment Finance ("PREF") closed a $10 million lease line to a leading synthetic turf manufacturer. The company specializes in synthetic turf solutions across various sectors, including sports, landscaping, and recreational facilities.This...
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ATC Managers closed a $54,750,000 fixed-rate business acquisition and term loan. This deal facilitates the purchase of a division from a manufacturing company located 37 miles north of Downtown Cleveland, Ohio, while also refinancing a portion of...
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Utica Equipment Finance announced the completion of a transaction totaling $4,900,000 in the second week of July.
A $4,900,000 capital lease for a customer from California, focused on the development and manufacturing of electric vehicles. This...
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TAB Bank provided a new asset-based lending (ABL) facility to a premier international contract manufacturer based in Michigan. TAB’s flexible financial solutions will significantly accelerate the company’s growth and success.This ABL facility...
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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 National Manufacturing Co. ("National" or the “Company”) by PrecisionX Group, an existing portfolio company...
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UMB Capital Finance closed a $33,000,000 senior credit facility for a Colorado-based metal manufacturing business. This credit facility enabled the company to refinance its existing debt and to position itself for a major capital equipment project....
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Culain Capital successfully structured of a $3 million accounts receivable financing facility for a prominent manufacturer of sustainable denim. This financing arrangement will provide the necessary working capital to support the company's ongoing...
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Culain Capital Funding provided a $5 million accounts receivable financing facility for a leading plastic injection molding service company. This strategic financial solution aims to support the company’s ongoing growth and future expansion plans.The...
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Celtic Capital Corporation announced its most recent new client relationship – a job shop manufacturer of lighting fixtures sold into the construction market for both commercial and residential use. This Company, acquired by an equity group in 2021...
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Mountain Ridge Capital ("MRC") closed a $30.8 million senior secured credit facility to a midwestern-based premier manufacturer and distributor of cabinet components and wood products for the Recreational Vehicle, cabinetry, and residential kitchen &...
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eCapital funded a $5 million asset-based lending facility for a leading fiberglass media company. This transaction exemplifies eCapital’s proficiency in supporting companies through ownership transitions, further solidifying its dedication to...
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Monroe Capital acted as administrative agent and joint lead arranger on the funding of a senior credit facility and equity co-investment to support the acquisition of Cam Tran Co. Ltd. (“Cam Tran”), by Central Moloney, Inc. (“CMI”). CMI is an...
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MidCap Financial and Great Rock Capital provided a $140 million senior secured revolving credit facility to a global manufacturer, distributor, and marketer of houseware products. The facility was used to refinance existing indebtedness and will...
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Eclipse Business Capital provided a $105.8 million senior secured credit facility, consisting of an asset-based revolving line of credit and term loan to a sporting goods manufacturer. The credit facility is secured by accounts receivable, inventory...
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FrontWell Capital Partners closed a USD$14.2 million secured credit facility with Uniroyal Engineered Products, a manufacturer of vinyl-coated fabrics and soft trim technologies.The facility, comprised of a revolver and a term loan, will be used by...
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Legacy Corporate Lending provided a $30 million asset-based credit facility to The Barton Group, a family-owned company that has produced the world’s highest-quality garnet abrasives for seven generations. The financing, finalized in April 2024...
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Aequum Capital funded $9,100,000 in credit facilities to a leading regional provider of metal stamping and fabrication solutions. The credit facilities support the company's ongoing working capital and future growth needs with a revolving line of...
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Celtic Capital Corporation announced its most recent new client relationship – a job shop manufacturer of large, high-quality metal gears used in various industries such as automotive and aerospace. This Company, in business since 1981, has suffered...
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Aequum Capital led a $45,000,000 revolving credit facility for a Midwest-based manufacturing and distribution company. The Facility will provide increased liquidity to the Company as it continues to execute its acquisition strategy. Helios Strategic...
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The Commercial Finance division of Pathward announced a $15 million asset-based line of credit facility to an LED lighting, headrest, and counterweight manufacturer company in Michigan. The financing provides the company with the funding to replace...
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Peapack-Gladstone Financial, the holding company for Peapack-Gladstone Bank and its Investment Banking division, Peapack Private Investment Banking, anounced its participation in the transition of Super Stud Building Products Inc. and affiliates...
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Celtic Capital announced its most recent new client relationship – a privately- owned manufacturer of precision manufactured components and assemblies in the Eastern Midwest. The Company, in business since 1957, approached Celtic Capital to provide...
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Allison Transmission announced that, on March 13, 2024, its wholly owned subsidiary, Allison Transmission, Inc. (the “Borrower”), entered into a fourth amendment to its credit agreement (the “Amendment”).Pursuant to the Amendment, the Borrower...
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Celtic Capital Corporation announced its most recent new client relationship – a manufacturer of prefinished doors, trim and custom millwork for residential builders. This Company was referred to Celtic Capital by a subordinated lender to the Company...
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February 23, 2024, 06:00 AM
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When a California-based fabric manufacturer sought a factoring partner that could fully approve its customers, they believed that Republic Business Credit would help safely grow their business. The company, established in 2020, is the most recent...
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February 21, 2024, 07:00 AM
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MidCap Financial provided a $35 million senior revolving credit facility to Arc International North American Holdings, Inc. The MidCap Financial credit facility is part of a successful refinancing of the Company’s capital structure which will help...
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February 14, 2024, 07:37 AM
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SAB Capital placed a $5 million industrial sale leaseback (“SLB”) in the South Bend–Mishawaka Metro. The SLB proceeds funded 100% of the capital required to purchase a label manufacturer + its plant. This provided the business acquirer with a...
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February 14, 2024, 06:00 AM
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Trinity Capital announced the commitment of $20 million in equipment financing to Formlogic, a provider of autonomous precision manufacturing services intended for space companies.Formlogic is changing how precision parts are sourced and manufactured...
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February 09, 2024, 05:00 AM
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LSQ recently originated a $3 million account receivable credit facility for a Georgia-based auto parts manufacturer. The company was referred to LSQ by a wealth management advisor. The additional working capital will be used to pay off an existing...
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February 02, 2024, 07:39 AM
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Lighthouse Financial completed a $6,500,000 credit facility with an Ohio-based manufacturer of precision machined components. The company's global expertise and capabilities in micro and high precision manufacturing has allowed it to uniquely serve a...
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January 31, 2024, 07:20 AM
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First National Capital provided a $35,000,000 debt refinance for a growing upstream oil & gas, machining, and forging Ccmpany.The company had been recovering from COVID-19 impacts, below average EBITDA, and compressed EBIT with high concentration in...
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January 30, 2024, 05:00 AM
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Huntington Business Credit closed a $10,000,000 new credit facility with American Nitrile Operations, LLC on December 12, 2023. Proceeds of the facility will be used to fund working capital and continued investment in glove production...
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January 26, 2024, 07:48 AM
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MidFirst Business Credit provided a working capital facility to Custom Equipment, LLC. Headquartered in West Bend, WI, Custom designs and manufacturers highly versatile scissor lifts that due to their unique agility, size and weight can accommodate...
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January 26, 2024, 07:00 AM
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In its second deal for 2024, Sallyport provided an existing client with $2,000,000 accounts receivable finance providing the ongoing working capital required to trade successfully.The client was originally referred to Sallyport over 3 years ago by a...
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January 25, 2024, 07:00 AM
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eCapital funded a $12 million asset-based lending facility tailored to support a US-based manufacturing company experiencing financial stress.The manufacturing company faced difficulties in meeting the covenants of their existing bank loan, which...
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January 17, 2024, 07:55 AM
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Iron Horse Credit (“IHC”) closed a $4,000,000 stand-alone inventory revolving line of credit to a fleet parts manufacturer, sister company to a forging manufacturer currently being financed by IHC.Given the lending relationship with its sister...
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January 17, 2024, 07:32 AM
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Garrington Capital closed a $1.2 million senior secured term loan to the U.S. subsidiary of a multi-national manufacturer of spare parts for heavy-duty commercial vehicles.
The loan helped the borrower complete the build-out of new warehouses in the...
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January 11, 2024, 07:00 AM
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As the summer of 2023 ended, the number of economists predicting a recession dwindled nearly as fast as the amount of sunlight each day. Despite the generally more optimistic outlook, orders for manufacturing technology, measured by the U.S....
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December 28, 2023, 07:04 AM
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Amerisource Business Capital announced the closing and funding of a $5,000,000 working capital facility for a Texas-based manufacturer of outdoor recreational products. The proceeds were used to refinance the company's existing bank line and support...
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December 22, 2023, 07:57 AM
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SSG Capital Advisors served as the investment banker to Pegasus Home Fashions, Inc. and its affiliated entities in the sale of substantially all its assets to an affiliate of Blue Torch Capital LP. The sale was effectuated through a Chapter 11...
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December 14, 2023, 07:40 AM
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nFusion Capital provided a $7 million asset-based line of credit to Land & Sea Industries, LLC, a full-service Heavy Metal Fabrication and Manufacturing Solutions Company located in Texas. They provide a wide range of services, including commercial...
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December 01, 2023, 08:02 AM
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Citizens M&A Advisory served as the exclusive financial advisor to Engineered Solutions Group on its previously announced acquisition by The Timken Company.Headquartered in Houston, Texas, ESG specializes in the design and manufacturing of...
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November 22, 2023, 07:00 AM
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MidCap Business Credit completed a $23,700,000 million asset based credit facility to a manufacturing company in Cleveland, Ohio. The facility was comprised of an $18 million revolving line of credit and a $5.7 million real estate term loan. The...
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November 14, 2023, 07:53 AM
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Briar Capital Real Estate Fund and Pathward announced they each simultaneously closed new loan facilities totaling $23.9MM to a precast concrete company with manufacturing facilities in Houston and San Antonio, Texas. Briar Capital provided a $8.9MM...
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November 14, 2023, 07:36 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 Central Moloney (“CMI”) by private equity sponsor, Wind Point Partners. Founded in 1949 and based in Pine...
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November 07, 2023, 07:49 AM
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SG Credit Partners provided a commitment for up to $10 million in debtor-in-possession (“DIP”) financing to Water Gremlin, the world’s technological and market leader in battery terminals, to support ongoing manufacturing and distribution as it...
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November 06, 2023, 08:05 AM
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LSQ originated a $1.5 million credit facility for a manufacturer of custom glass and insulated glass units. The company needed the liquidity boost to continue its strategic growth.“This group has a very exciting trajectory with some new accounts on...
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November 02, 2023, 07:00 AM
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MidFirst Business Credit (MFBC) provided a $25 million working capital facility to LDC Stone, Inc. (“LDC”). Headquartered in Addison, TX, LDC provides design, manufacturing and installation of kitchen and bath cabinet solutions to...
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November 01, 2023, 07:44 AM
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Graham Corporation, a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy, and process industries, successfully closed on a new, five-year $50 million...
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October 17, 2023, 07:50 AM
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Accord Financial closed a $40 million equipment lease line to a leading pet supply manufacturer and distributor. This financing has enabled the company to purchase new mission-critical equipment for its primary manufacturing plant as it expands its...
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October 11, 2023, 07:40 AM
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Mountain Ridge Capital ("MRC") closed a $25 million senior secured credit facility for a west coast-based leading manufacturer and distributor of action sports products. MRC's facility was used to refinance the debt of a national commercial bank and...
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October 10, 2023, 07:53 AM
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Clarus Capital completed a new $7 million lease facility for a sponsor-backed manufacturer of specialized land management equipment. The funding will support strategic capital investments to expand capacity, drive production efficiency, and optimize...
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October 10, 2023, 07:00 AM
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When an Oregon-based private equity-owned metal injection molding company sought a new partner to replace their bank line of credit, they chose Republic Business Credit. Republic extended a $3.5 million asset-based loan revolver with an additional...
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October 03, 2023, 07:15 AM
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MidCap Business Credit completed an $8 million asset-based credit facility to a manufacturing company located in Pittsburgh, PA. The company was established in 1954 and makes machinery and equipment for various industrial applications, for its...
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September 28, 2023, 07:45 AM
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LSQ, a leading provider of working capital and payments management solutions, recently originated a $5 million credit facility for an automotive parts producer. The manufacturer had been struggling to meet its obligations to its suppliers and had to...
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September 21, 2023, 06:00 AM
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Santander Bank announced that its Commercial Bank closed a $250 million asset-based revolving credit facility on behalf of Wind Turbine & Energy Cables Corp (WTEC). Santander acted as administrative agent, joint lead arranger and joint bookrunner on...
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September 15, 2023, 08:00 AM
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Zions Bancorporation, through its Utah division, Zions Bank closed and funded a $4,000,000 credit facility for a client in design, manufacture, and logistics. The credit facility consisted of a multi-year revolving line of credit. Proceeds of the...
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September 15, 2023, 07:54 AM
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TradeCap Partners provided a $9 million production finance facility structured for an industrial equipment manufacturer. The facility will be used to help finance release orders issued under a large contract the company received from the US...
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September 14, 2023, 07:08 AM
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Utica Equipment Finance announced an additional funding of $1,500,000 to an existing customer in the month of August.
$1,500,000 capital lease for a licensed wholesale manufacturer of small caliber ammunition, small arms, and tactical equipment on...
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September 11, 2023, 07:30 AM
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Amerisource Business Capital closed and funded a $2,000,000 working capital facility for a California-based manufacturer and distributor of designer bathroom vanity units, sinks, toilets, and bidets. The proceeds were used to provide ongoing working...
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September 05, 2023, 07:52 AM
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Aequum Capital closed a $7,300,000 credit facility to a premier Texas-based manufacturer. The Company is widely respected for the development and manufacturing of specialty nonwoven product solutions for the automotive, industrial and consumer...
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August 30, 2023, 07:36 AM
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Oxford Commercial Finance provided a $2.5MM asset-based line of credit to a spring manufacturer based in Michigan. The company specializes in the manufacturing of springs for automotive, agricultural, construction, appliance, aerospace, and military...
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August 30, 2023, 06:21 AM
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MidCap Business Credit closed on a $16,000,000 asset-based credit facility for E.R. Wagner Manufacturing Company, with locations in Menomonee Falls, WI., and Chicago, IL. E.R Wagner is a 120+ year old family held business which manufactures metal...
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August 24, 2023, 07:40 AM
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Briar Capital Real Estate Fund closed a new $3.8MM+ commercial real estate loan in Georgia to a manufacturer of wood products for the arts and craft industry. The initial transaction was an owner buyout of a family member with a simultaneous new...
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August 24, 2023, 07:27 AM
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MidFirst Business Credit (MFBC) recently provided a working capital and term facility to Anthony Machine (Anthony). Headquartered in San Antonio, Texas, Anthony provides design and high-precision fabrication services, specializing in small to large...
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August 15, 2023, 07:33 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 Coining Manufacturing, LLC (“Coining”) and Precision Machine Products, Inc. (“PMP”), by GEM Manufacturing...
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August 15, 2023, 07:10 AM
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Michael Doyle, Vice President – Asset-Based Lending at First Business Specialty Finance, a subsidiary of First Business Bank, announced a recently closed and funded $11 million revolving line of credit, equipment term loan, and equipment CapEx line...
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August 03, 2023, 07:22 AM
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Lighthouse Financial Corp. completed a $4,500,000 credit facility for a North Carolina based premier fabricator of hard surfaces, glass, and accessories. Founded in 1990, the company is one of the largest manufacturers and installers of natural and...
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Great Rock Capital closed a $23.8 million senior secured term loan facility with Madison-Kipp Corporation, a company owned by PineBridge Investments and other investors. Madison-Kipp is a leading producer of high-pressure aluminum die castings...
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SSG Capital Advisors acted as the investment banker to Custom Alloy Corporation and certain affiliates, in the sale of substantially all of its assets to an affiliate of Trident Maritime Systems, a portfolio company of J.F. Lehman & Company. The...
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Huntington Business Credit closed a $40,000,000 new credit facility with Tex-Tube Company on May 25, 2023. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.Tex-Tube Company, headquartered in...
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The Eastern Company, an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, established of a new $90 million 5-year senior secured credit facility. The new facility...
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Mike Colloton, Vice President – Asset-Based Lending at First Business Specialty Finance, a subsidiary of First Business Bank, announced a recently closed and funded $7 million revolving line of credit, equipment term loan, and real estate term loan...
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White Oak ABL, White Oak Commercial Finance, and other affiliates of White Oak Global Advisors, provided a $67 million ABL credit facility to a leading manufacturer of healthcare and food safety products.The transaction includes a $55 million...
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Growth Lending closed a $2.5 million, single-customer concentration working capital facility for a manufacturer of baby blankets and swaddling products. The manufacturing firm, which primarily sells to Amazon.com and has invoice terms of net 60 and...
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Commercial Finance Partners (“CFP”) facilitated the closing of $5,235,000 Conventional Term Loan and $4,000,000 Revolving AR Line of Credit to support the acquisition of a Metal Stamping and Plating Company located in Texas. Engaged by the sponsor...
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Lighthouse Financial completed a $4,250,000 credit facility for a South Carolina based manufacturer and distributor of a wide array of Tier 1 and Tier 2 solutions, including ISO-certified soundproofing components, adhesives, custom manufacturing...
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Post Road Equipment Finance (formerly known as Encina Equipment Finance) announced it has provided a $15 million lease to an international precision components manufacturer, supplying the commercial aerospace, industrial gas turbine and auto markets...
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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 Ad-On of I&I Sling, Inc. and Slingmax, Inc. by Yale Cordage, a River Associates Investments, LP...
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Citizens is leading a $750 million senior credit facility for Stamford, CT-based Hexcel Corporation.Founded in 1948, Hexcel is a leading advanced composites company specializing in the development, manufacturing, and marketing of lightweight...
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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 acquisition of Workplace Modular Systems LLC by Accelevation LLC, an LFM Capital portfolio...
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Mike Colloton, Vice President – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announced a recently closed and funded $16 million revolving line of credit and equipment term loan for a metal...
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Stellus Capital Management announced its affiliates provided senior debt financing and an equity co-investment to support Graham Partners’ acquisition of Rhythmlink International, LLC.Headquartered in Columbia, South Carolina, Rhythmlink designs...
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Republic Business Credit provided a $6.75 million factoring legered line of credit facility to a women and minority-owned government contractor, with an accordion up to $10 million.When the women and minority-owned government contractor secured an...
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In early March, Big Shoulders Capital provided a $1 million term loan for a plastic injection molder with an automotive customer concentration. The loan was secured by machinery, equipment, and real estate. Funds were used to pay off the customer’s...
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Ares Commercial Finance provided a $31.2 million senior secured credit facility for a family-owned and operated manufacturer and distributor of high-quality home and garden equipment for professional and consumer use. The credit facility consists of...
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Post Road Equipment Finance provided a $21 million loan to a leading heavy machinery manufacturer to finance new and existing assets.“After building a relationship with the company and working hand-in-hand with their sponsor over the past year, Post...
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Sallyport Commercial Finance announced $1,750,000 in financing for an office furniture manufacturer. Manufacturing high quality office furniture from their factory in LA, the client was referred to Sallyport via a contact in the banking industry.The...
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LSQ originated an $8 million credit facility for a Texas-based paint and paint products manufacturer and distributor. The company, which also has retail operations, will use the additional working capital to manage seasonality within their industry...
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Utica Equipment Finance announced the completion of a $1,800,000 transaction in the month of February. The capital lease was for a licensed wholesale manufacturer of small caliber ammunition, small arms, and tactical equipment on an international and...
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February 24, 2023, 07:35 AM
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Mike Colloton, Vice President II – Asset-Based Lending at First Business Specialty Finance, a subsidiary of First Business Bank, announced a recently closed and funded $18 million revolving line of credit and equipment term loan for a plastic...
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February 23, 2023, 07:35 AM
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MidCap Business Credit closed on an $12,000,000 senior secured credit facility for a manufacturer and assembler of mattresses and foundations. The asset- based credit facility is comprised of a working capital line of credit with advances against...
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February 22, 2023, 07:16 AM
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Culain Capital Funding closed a $3,000,000 accounts receivable factoring facility along with a $1,500,000 acquisition term note for a manufacturing company specializing in custom steel bar and bolting products.Culain Capital was well positioned and...
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February 09, 2023, 07:46 AM
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Eclipse Business Capital (“EBC”) financed a $125 million senior secured debtor-in-possession (“DIP”) revolving credit facility to a mattress manufacturer.The credit facility is secured by accounts receivable and inventory. The transaction facilitates...
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February 07, 2023, 07:43 AM
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MidCap Financial provided a $15 million senior revolving credit facility to Kewaunee Scientific Corporation. The MidCap Financial credit facility includes an uncommitted option to increase the total facility size up to $30 million. Proceeds from the...
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February 01, 2023, 07:45 AM
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MidCap Business Credit closed on an $5,000,000 asset based credit facility to a manufacturer and supplier of coated and bonded abrasive products throughout North America, Canada, and Mexico. The credit facility is supported by advances against...
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February 01, 2023, 07:16 AM
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Huntington Business Credit closed $16,000,000 in new credit facilities with Polymerica Limited Company & Subsidiaries on December 8, 2022. Proceeds of the facility were used to refinance existing debt, support a partial recapitalization of the...
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January 24, 2023, 07:56 AM
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Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for $17.5 million in senior secured credit facilities to support the leveraged buyout of Caster Connection, LLC. by River Associates Investments....
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January 10, 2023, 07:50 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 Accelevation, LLC by LFM Capital. Based in Springboro, OH, Accelevation...
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January 09, 2023, 07:29 AM
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Amerisource Business Capital closed and funded a $3,000,000 working capital facility for a Maryland-based manufacturer of hermetic packages, microelectronic housings, and assemblies. The proceeds were used to support the company’s growth and working...
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January 06, 2023, 07:48 AM
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New orders of manufacturing technology totaled $457.7 million in October 2022, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology. October 2022 orders were 20 percent...
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December 28, 2022, 07:08 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 refinancing of Prototek Holdings LLC, an existing portfolio company of TruArc Partners. Based in Contoocook, New Hampshire...
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December 20, 2022, 07:45 AM
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MidCap Financial provided a $10 million revolving line of credit and $5 million senior secured term loan to Mervin Manufacturing, Inc. Proceeds from MidCap Financial were used to refinance the Company’s prior credit facilities and will provide for...
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December 19, 2022, 07:51 AM
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Mike Colloton, Vice President II – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announced a recently closed and funded $9.2 million revolving line of credit, equipment term loan, and structured...
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December 19, 2022, 07:30 AM
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Lighthouse Financial completed a $3,675,000 credit facility to a North Carolina-based manufacturer of metal, tubular products. The company was originally set up to produce diesel injection lines and has since expanded to produce a full range of...
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December 15, 2022, 07:00 AM
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Rosenthal & Rosenthal announced the completion of a six-figure trade receivables finance program for a manufacturing company that sells thermal products into the Asia-Pacific region. The new financing program is being used to free up working capital...
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December 13, 2022, 07:07 AM
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Gibraltar Industries, a leading manufacturer and provider of products and services for the renewable energy, residential, agtech and infrastructure markets, closed on a $400 million five-year revolving credit facility. The new facility replaces a...
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December 09, 2022, 08:08 AM
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Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and $6 billion in assets, today announced that it has provided $16 million in funding to support the expansion of Tropical Products, a private label manufacturer...
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November 10, 2022, 07:58 AM
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Gordon Brothers completed the purchase of a substantial portion of Armstrong Flooring Inc.’s assets.Gordon Brothers purchased a majority of the flooring products manufacturer’s existing inventory and partnered with Vion Investments to purchase the...
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October 27, 2022, 07:52 AM
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Great Rock Capital announced the upsizing of their senior secured credit facility with WinCup, Inc., a leading manufacturer of traditional and sustainable disposable foodservice to-go ware, including phade® PHA straws. WinCup is a portfolio company...
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October 25, 2022, 07:30 AM
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Lighthouse Financial completed a $5,000,000 credit facility for an importer and distributor of electronic diagnostic and measurement equipment. The company designs and manufactures tools utilized in the automotive, commercial, industrial, and DIY...
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October 12, 2022, 07:30 AM
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Clarus Capital announced it has completed a new loan facility for a specialty industrial manufacturer. Clarus’ financing will support the company’s multi-year commitment to upgrade its existing production equipment and drive efficiency.Clarus’...
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October 10, 2022, 07:44 AM
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Unique Fabricating, a leader in engineering and manufacturing multi-material foam, rubber, and plastic components utilized in noise, vibration, and harshness management and air/water sealing applications for the transportation, appliance, medical...
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October 06, 2022, 07:37 AM
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Briar Capital Real Estate Fund ("Briar") closed a new $1 million real estate loan facility to a Detroit area manufacturer of high precision cutting tools used across multiple industries around the country. After a rough 2019 which saw them lose...
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September 07, 2022, 05:00 AM
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Huntington Business Credit closed a $35,000,000 new credit facility with Sunbelt Modular, Inc. on August 15, 2022. Sunbelt Modular, Inc. is a new portfolio investment for MSouth Equity Partners, a private equity investment firm located in Atlanta...
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August 31, 2022, 07:45 AM
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Huntington Business Credit closed $53,500,000 new credit facilities with Mol-Son, LLC and combined companies on July 29, 2022. Proceeds of the facility were used to refinance existing indebtedness and provide ongoing working capital growth...
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August 24, 2022, 07:55 AM
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Fifth Third Business Capital provided a $43 milllion capital expenditure facility, revolving credit facility and term loan to support Precision Marshall on the acquisition of Kinetic Co., Inc. Kinetic was founded in 1948 and is recognized as one of...
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August 15, 2022, 07:34 AM
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Broadwind completed a $35 million senior secured asset-based revolving loan facility and a $7.578 million senior secured term loan facility with Wells Fargo Bank as lender. The five year facilities mature on August 4, 2027 and replace the Company’s...
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August 09, 2022, 07:00 AM
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With outdoor spaces and upscale gardens a consistent but seasonal consumer demand across the country, a Midwest-based manufacturer of unique outdoor products knew it needed to find a flexible partner to react to dynamic and volatile market conditions...
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Stellus Capital Management announced that its affiliates provided senior debt financing and an equity co-investment to support Blue Sage Capital’s (“Blue Sage”) acquisition of Baker Manufacturing Company, LLC. Founded in 1873 and headquartered in...
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Huntington Business Credit closed $63,200,000 in new credit facilities with Ardisam, Inc. on June 22, 2022. Proceeds of the facility were used to refinance existing indebtedness and provide ongoing working capital growth financing. ...
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Varagon Capital Partners is serving as Administrative Agent, Joint Lead Arranger and Bookrunner on a senior secured credit facility to support Knox Lane’s investment in Elevation Labs.Elevation Labs is a leading formulator and manufacturer of premium...
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LSQ recently originated a $1 million credit facility and accounts receivable management program for an international manufacturer and distributor of private label bath, body and home fragrance products.The company will use the additional capital to...
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TAB Bank funded a $15 million asset-based line of credit for a new client that manufacturers and distributes consumer-packaged goods throughout North America and beginning to expand internationally. Since 1993 this client has been focused on...
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Huntington Business Credit closed $24,000,000 in new credit facilities with McGregor Metal Holdings LLC on June 10, 2022. Proceeds of the facility were used to refinance existing indebtedness and provide ongoing working capital growth...
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When a Texas-based manufacturing company needed a working capital facility to meet increased demand in the energy sector, they sought a trusted and reliable partner to fuel their growth plans. Republic Business Credit collaborated with private equity...
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Huntington Business Credit closed $13,536,000 in new credit facilities with Mills Products, LLC on May 24, 2022. Proceeds of the facility were used to provide acquisition financing and to provide ongoing working capital growth financing. ...
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Fifth Third Business Capital provided $19,500,000 in credit facilities including a revolving credit facility and term loan to Canton, OH-based Metaltec Steel Abrasive Company.Founded in 1981, Metaltec Steel Abrasive ('Metaltec') is a top-three...
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MidCap Business Credit completed a $5 Million asset-based credit facility for Crozier Welding LLC. Founded in 1980 and headquartered in Coshocton, OH, the company specializes in the design and manufacturing of oil and gas production equipment.The...
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Amerisource Business Capital closed and funded a $10,000,000 credit facility for a Texas-based design, engineering, and manufacturing firm. The proceeds were used to provide working capital for the company’s expected growth. Joseph Petri, Regional...
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MidCap Business Credit completed a $15 million asset-based credit facility to Walker Midwest, LLC and Walker West, LLC formed to acquire the assets of Millenia Products Group Inc., and WAC LLC, pursuant to an Article 9 UCC sale. The Company...
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Brian Banning, Vice President – Asset-Based Lending at First Business Specialty Finance, a subsidiary of First Business Bank, announced a recently closed and funded $7 million revolving credit facility for an auto industry die manufacturer seeking to...
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CIT Northbridge Credit, as advised by CIT Asset Management, served as sole lead arranger on a $65 million credit facility for Hello Bello, a manufacturer and marketer of baby, child and adult care products. "This financing will provide additional...
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Fifth Third Business Capital provided a $27.8 Million revolving Line of credit to Comfort Research, LLC to support the acquisition of the North Carolina operations of Spin Master. Comfort Research is a manufacturer of affordable furniture, pool...
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Clarus Corporation, a global company focused on the outdoor and consumer enthusiast markets, amended and upsized its existing senior secured credit facility jointly led by JPMorgan Chase Bank and Bank of America, with U.S. Bank, Regions Bank, Wells...
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NXT Capital closed a unitranche credit facility in support of Gridiron Capital’s acquisition of Vertical Supply Group. NXT Capital acted as the Administrative Agent, Joint Lead Arranger, and Joint Bookrunner on this transaction.“We are happy to...
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LSQ recently originated a $1.5 million credit facility for a Pennsylvania- based manufacturer of briquettes for the steel industry.The company will utilize the proceeds to increase current production and support future growth.In addition to the...
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Power Solutions International, a leader in the design, engineering and manufacture of emission-certified engines and power systems, entered into an amended $130.0 million uncommitted senior secured revolving credit agreement with Standard Chartered...
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Big Shoulders Capital and Iroquois Industrial Group have formed a partnership to acquire the assets of Benda Manufacturing, a leader in conveyor and product handling systems for the food industry and other industries requiring integrated production...
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Horizon Technology Finance closed a $10 million venture loan facility to Aerobiotix, LLC, of which Horizon funded $5 million, and a private investment vehicle managed by Horizon Technology Finance Management LLC, Horizon's adviser, funded $5...
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ABC Technologies, a leading manufacturer and supplier of custom, highly engineered technical plastics and lightweighting innovations to the global automotive industry, announced that its wholly-owned indirect subsidiaries, ABC Technologies Inc. and...
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February 25, 2022, 07:44 AM
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Amerisource Business Capital announced the closing and funding of a $3,000,000 real estate term loan facility for a Texas-based custom pool and tiny home manufacturer. The proceeds were used to provide working capital to support the Canadian...
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February 24, 2022, 07:33 AM
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BankFinancial established a Convertible Accounts Receivable Financing/ABL Credit Facility to a Minnesota based leader in metal fabrication, sheet metal and stamping serving global industrial, agricultural, and commercial equipment customers. The...
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February 16, 2022, 07:37 AM
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Huntington Business Credit closed a new $20,000,000 credit facility with Atlas Wire, LLC on December 31, 2021. Proceeds of the facility were used to assist an acquisition and to provide ongoing working capital growth financing. Atlas...
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February 04, 2022, 07:39 AM
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Fifth Third Business Capital provided a $9,000,000 credit facility consisting of a revolving line of credit, term loan and capital expediture facility for a management buyout to Armored Republic Holdings.Armored Republic Holdings manufactures body...
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February 03, 2022, 08:00 AM
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Great Rock Capital closed a $28.8 million senior secured term loan facility with PTC Alliance (“PTC”), a leading global manufacturer and marketer of drawn over mandrel and electrical resistance welded steel tubing and precision components.The term...
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January 25, 2022, 07:57 AM
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The Asset-Based Lending Group at First Business Specialty Finance closed and funded $10 million revolving line of credit facility for a Florida-based signage manufacturer and installer.The Asset-Based Lending team provides asset-based loans to...
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January 18, 2022, 07:00 AM
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Amerisource Business Capital closed and funded a $2,000,000 real estate term loan for a Pennsylvania agriculture and snow removal equipment manufacturer. The proceeds were used to provide working capital for the company’s expected growth. Doug...
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January 10, 2022, 07:09 AM
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Veeco Instruments entered into a senior secured revolving credit facility. The Facility enables the company to borrow up to $150 million over a 5-year term which expires in December of 2026. HSBC Bank USA is acting as administrative agent and...
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December 17, 2021, 07:50 AM
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Marathon Asset Management announced the closing of a $155 million credit facility for Brown Jordan Inc., a leading designer, manufacturer, distributor and retailer of outdoor and indoor furniture for the commercial and residential markets in the U.S....
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December 17, 2021, 07:31 AM
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Great Rock Capital closed a $27.9 million senior secured term loan facility with GT Technologies (“GTT”), a manufacturer of custom-engineered valvetrain components and assemblies for the global automotive, heavy-duty truck, and off-road vehicle...
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December 16, 2021, 08:00 AM
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MidCap Business Credit closed on a $9,000,000 asset-based credit facility for Titan Production Equipment, LLC, headquartered in The Woodlands, TX. Titan Production Equipment designs, engineers, and manufactures surface production equipment, focused...
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December 15, 2021, 07:55 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 refinancing of Rainshadow Labs by Westhook Capital Partners. Founded in 1983 and headquartered...
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December 13, 2021, 07:24 AM
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NXT Capital closed a senior credit facility in support of ShoreView Industries’ refinancing of Molded Dimensions and add-on acquisition of PCO Urethane. NXT Capital acted as the Administrative Agent, Sole Lead Arranger and Sole Bookrunner on this...
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December 10, 2021, 07:24 AM
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Amerisource Business Capital closed and funded a $500,000 senior credit facility for a Texas-based filtration unit manufacturer. The proceeds were used to fund working capital and significant projected growth.Allison Billings, Regional Market Manager...
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December 07, 2021, 07:00 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 System 3 by CMI Group (“CMI”). CMI is an existing portfolio company of Gallant Capital Partners. Founded in...
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December 01, 2021, 07:39 AM
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MidCap Business Credit closed on a $6,000,000 asset-based credit facility for a Camwood Capital Group portfolio company, Texas Contract Manufacturing Group (“TCMG”), and TCMG’s wholly owned subsidiaries, Lor-Van Manufacturing, Inc., and Apex...
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November 30, 2021, 07:48 AM
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Samuel, Son & Co., a leading metals distributor and industrial products manufacturer, entered into its first sustainability-linked revolving credit facility agreement. This amendment to the company's bank credit facility underlines the confidence its...
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November 24, 2021, 07:45 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 Asset-Based Lending team provided a $4M credit facility to GWA Auto Parts (GWA), an importer, distributor...
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November 23, 2021, 08:01 AM
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Great Rock Capital closed a senior secured credit facility with WinCup, Inc., a leading manufacturer of traditional and sustainable disposable foodservice to-go ware, including phade® PHA straws. The new capital refinanced the company’s existing...
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November 19, 2021, 07:30 AM
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Upon learning its current bank-owned factoring company had sold, the foreign-owned US subsidiary operating as a Tier 1 Auto Parts Manufacturer was told to find a new factor. As a rapidly growing manufacturing business doing $50MM in revenue, the...
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November 18, 2021, 07:40 AM
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Sound Point Capital Management acted as Administrative Agent on a first lien senior secured credit facility to Lindsay Precast, a premier North American concrete manufacturer specializing in precast concrete products. Funding provided by Sound Point...
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November 18, 2021, 06:44 AM
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Tecnoglass, a leading manufacturer of architectural glass, windows, and associated aluminum products for the global residential and commercial construction industries, amended its senior secured revolving credit facility to (i) increase the borrowing...
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November 15, 2021, 07:55 AM
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Phoenix Management Services acted as the financial advisor to a mid-west manufacturing metal coatings provider in arranging, structuring, and negotiating a $2.75 million loan package with Rosenthal & Rosenthal. Proceeds from the financing will be...
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November 09, 2021, 07:30 AM
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Amerisource Business Capital closed and funded a $2,000,000 senior credit facility for an Illinois based manufacturer of nickel and cobalt alloy. Daniel Martinez, Regional Market Manager for Amerisource, stated: “We are pleased to welcome this new...
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October 28, 2021, 07:11 AM
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Amerisource Business Capital closed and funded a $3,000,000 senior credit facility for a Florida-based clothing apparel manufacturer. The proceeds were used to support ongoing working capital needs. Andy Allaire, Senior Vice President for...
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October 27, 2021, 07:55 AM
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Audax Private Debt, as Joint Lead Arranger and Bookrunner, provided a unitranche credit facility to support the acquisition of Genesee Scientific (“Genesee” or the “Company”) by LLR Partners, a Philadelphia-based private equity firm focused on...
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October 25, 2021, 07:06 AM
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Briar Capital Real Estate Fund provided a new $6.75MM real estate term loan to a toy manufacturer and distribution company located in the Northeast United States. The COVID Pandemic had created challenges with the company’s retail distribution...
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October 14, 2021, 07:00 AM
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Rosenthal & Rosenthal completed a $5 million joint factoring, inventory funding and purchase order financing facility to support the growth capital needs of a Georgia-based manufacturer and distributor of office furniture and products. Founded in...
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October 13, 2021, 07:20 AM
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LBC Credit Partners provided a senior secured credit facility to support the acquisition of Profile Custom Extrusions, LLC, by KPS Mid-Cap Investments, an affiliate of KPS Capital Partners, LP.Profile is a U.S. manufacturer of custom extruded...
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October 06, 2021, 07:30 AM
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AirBoss of America updated its senior secured credit facilities with an expanded syndicate of major banks to increase the available size, extend the maturity date, and provide the Company with improved terms, lower pricing and increased flexibility....
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September 24, 2021, 07:51 AM
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LBC Credit Partners provided a senior secured credit facility to support the recapitalization of Unirac, Inc. by Tenex Capital Management. LBC served as Agent and Sole Lead Arranger for the senior secured credit facility.Unirac is North America’s...
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September 22, 2021, 07:42 AM
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Antares served as sole lead arranger and is acting as administrative agent on senior secured credit facilities to support the acquisition of AEM (Holdings) Inc. and AEM Group Limited by Industrial Growth Partners (“IGP”).Headquartered in San Diego...
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September 17, 2021, 07:14 AM
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Gerber Finance, announced a $10 million line of credit to NorthCape International, a prominent manufacturer and wholesale distributor of outdoor furniture. The deal was made under Gerber Finance’s Gerber+ division, which provides customized services...
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September 15, 2021, 08:00 AM
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Amerisource Business Capital closed and funded a $2,000,000 real estate loan for an Ohio-based metal stamping and machining firm. The proceeds were used to re-finance the company’s bank loan that was maturing. Andy Allaire, Senior Vice President for...
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September 09, 2021, 07:45 AM
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Huntington Business Credit closed a new $15,000,000 credit facility with Bayloff Stamped Products Detroit on August 12, 2021. Proceeds of the facility were used to refinance existing indebtedness and to provide ongoing working capital growth...
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September 09, 2021, 07:35 AM
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Iron Horse Credit closed a $4,000,000 stand-alone inventory revolving line of credit to a leading manufacturer and developer of advanced alloys for the global market with a focus on specialty copper alloys and high-performance beryllium aluminum...
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August 31, 2021, 07:05 AM
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Wells Fargo Commercial Capital provided an integrated working capital financing solution to Southwire Company, LLC, one of North America’s leading manufacturers of wire and cable.The capital structure provided by Wells Fargo includes a $1 billion...
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August 27, 2021, 07:41 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 Liberty Safe Holding Corporation (“Liberty Safe”) by private equity sponsor Monomoy Capital Partners. Founded...
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August 26, 2021, 07:55 AM
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Fifth Third Business Capital provided a $7 million revolving credit facility and $9 million real estate term loan to CA-based Orly International, Inc.Founded in 1975 by Mr. Jeff Pink, Orly International is a manufacturer of branded professional nail...
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August 26, 2021, 07:37 AM
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Tiger Finance has closed on a $15.5 million in debtor-in-possession financing to facilitate the Chapter 11 restructuring of Pennsauken, N.J.-based Aluminum Shapes LLC, a fully integrated manufacturer and distributor of aluminum products serving...
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August 20, 2021, 08:00 AM
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LBC Credit Partners provided a senior secured credit facility to support Morgenthaler Private Equity’s (“MPE Partners” or “MPE”) investment in Ideal Aluminum, LLC. LBC served as Agent and Sole Lender for the senior secured credit...
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August 18, 2021, 07:55 AM
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Chase Corporation entered into a new amended and restated credit agreement with Bank of America, as administrative agent, and with participation from Wells Fargo Bank, PNC Bank and JPMorgan Chase Bank.The new credit agreement was entered into to...
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August 13, 2021, 07:13 AM
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The Lion Electric Company, a leading manufacturer of all-electric medium and heavy-duty urban vehicles, entered into a credit agreement providing for a new revolving credit facility in the maximum principal amount of US$100,000,000, with a syndicate...
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August 12, 2021, 07:30 AM
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Carl Marks Advisors advised Mount Vernon Mills, throughout the difficult business environment created by the COVID-19 pandemic. During its engagement with the Company, Carl Marks Advisors primarily assisted with bank relations and cash and debt...
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August 04, 2021, 07:00 AM
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TILT Holdings, a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced that its subsidiary, Jupiter Research, has entered into a new...
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Abacus Finance Group served as Administrative Agent and Lead Arranger for senior secured credit facilities to support the leveraged buyout of Traco Packaging by LongueVue Capital. Traco Packaging, based in Orem, Utah, is a leading U.S. manufacturer...
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Tornado Global Hydrovacs entered into a $3,000,000 revolving operating line of credit and a $4,875,000 term loan with The Toronto-Dominion Bank (“TD”). A portion of the TD Facility will be used to repay the balance of a non-interest bearing vendor...
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Lakeland Industries, a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, significantly expanded its credit facility with Bank of America in support of its...
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Fifth Third Business Capital provided a $19.3 million senior credit facility for VIRA Insight. The credit facilty includes a revolving credit facility, term loan and capital expenditure facility. VIRA Insight designs and manufactures custom solutions...
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Huntington Business Credit announced it closed $8,000,000 in new credit facilities with Executive Cabinetry on May 4, 2021. Executive Cabinetry, LLC is a portfolio company of Gridiron Capital, a middle market private equity firm headquartered in New...
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Fifth Third Business Capital provided $4.5 million in new working capital for World Classs Technology Corp. The financing includes a revolving line of credit and term loan.World Class Technology Corporation (WCT) designs, manufactures, and markets a...
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Wingspire Capital provided a $40 million senior secured revolving credit facility to Corsicana Mattress Company as the mattress manufacturer repositions itself for growth.The revolver is part of a broader recapitalization that included the...
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Intertape Polymer Group entered into a new five-year $600 million credit facility pursuant to an amendment to its existing credit agreement with a syndicated lending group led by Bank of America as Administrative Agent, and BofA Securities, BMO...
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Douglas Dynamics refinanced its existing $375 million in senior secured credit facilities with a new $225 million Term Loan A facility and $100 million senior secured revolving credit facility due June 2026. JPMorgan Chase Bank acted as...
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CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $17.4 million credit facility for Hynes Industries, a provider of custom metal solutions. Based in Youngstown, Ohio, Hynes Industries manufactures...
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California Bank of Commerce completed a $5 million asset-based revolving credit facility with a rubber product manufacturer. After experiencing recent losses and an exit from its existing bank, CBC was able to provide financing structured against the...
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Fifth Third Business Capital provided a $16,500,000 revolving credit facility and real estate term loan to Houston-based Tricon Precast, Ltd. Tricon Precast manufactures concrete structures, such as retaining walls, traffic barriers, bridge systems...
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Amerisource Business Capital closed and funded a $2,000,000 senior credit facility for an Indiana-based contract manufacturing firm which provides powder coating, industrial painting, and related tubing products. The proceeds were used to fund the...
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Horizon Technology Finance led a $30 million venture loan facility to TemperPack Technologies, Inc., of which Horizon funded $7.5 million of the intial $15 million draw and an investment vehicle managed by Horizon Technology Finance Management LLC...
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LSQ announced the origination of an $11 million credit facility for an award-winning manufacturing company located in the Lone Star State. The manufacturer is scaling and requires a reliable source of working capital via accounts receivable and...
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SSG Capital Advisors acted as the investment banker to VVF Intervest in the placement of a financing package which enabled VVF to refinance existing indebtedness and generate additional liquidity. The transaction closed in April 2021.Founded in 2007...
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Fifth Third Business Capital provided new $35 million revolving line of credit and term loan for Alabama Metal Industries Corporation (AMICO). Alabama Metal Industries Corporation (“AMICO”) was founded in 1939 in Birmingham, AL as a manufacturer of...
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Amerisource Business Capital closed and funded a $2,000,000 senior credit facility for a Louisiana-based manufacturer of component parts. The proceeds were used to support the company’s recent rapid growth. Andy Allaire, Senior Vice President for...
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Antares acted as administrative agent on senior secured credit facilities to support the acquisition of 80/20 Inc. by MPE Partners.Based in Columbia City, IN, 80/20 Inc. is the originator and manufacturer of “The Industrial Erector Set,” a modular...
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Standard Chartered Bank provided a $130 million uncommitted senior secured revolving credit facility pursuant to an amended and restated uncommitted revolving credit agreement dated March 26, 2021, to Power Solutions International, Inc. Among other...
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MidCap Business Credit closed an $8,000,000 asset-based credit facility for a manufacturer of precision components and assemblies in the aerospace and defense industry. The opportunity was sourced out of MidCap’s office located in West Hartford...
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MidCap Business Credit closed a $5,000,000 asset based revolving line of credit for a designer and extruder of foam products and components used in a variety of industries.The opportunity was sourced out of MidCap’s office located in Atlanta, GA....
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Citizens provided a new $325 million senior credit facility to Orangeburg, N.Y.-based Nice-Pak, the leading global producer of wet wipes. Citizens is the Lead Left Arranger. The new credit facility will be used to refinance existing debt and enhance...
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February 23, 2021, 08:00 AM
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CCA Industries entered into a new credit facility with M&T Bank, on January 21, 2021 to replace the line of credit with PNC Bank and for general working capital purposes. The credit facility provides a term loan in an amount of $500,000 (the "Term...
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February 10, 2021, 07:44 AM
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Cadence Business Finance provided a $16.25 million lending commitment to 118-year-old knife manufacturer Buck Knives. A term loan helped restructure an existing lending facility, and a revolving line of credit provides the company with greater...
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February 09, 2021, 08:21 AM
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Horizon Global, one of the leading manufacturers of branded towing and trailering equipment, closed a new financing agreement with Atlantic Park Strategic Capital Fund, L.P. The six-year agreement addresses all of the Company’s near-term maturities...
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February 04, 2021, 07:45 AM
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WhiteHawk Capital Partners entered into an agreement with Challenge Mfg. Company, LLC (“Challenge”) to provide a senior term loan facility that is in excess of $100 million. The term loan facility supported a refinancing of Challenge’s indebtedness...
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February 03, 2021, 07:00 AM
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Amerisource Business Capital announced the closing and funding of a $4,000,000 credit facility for a steel fabricator based in Texas. The proceeds are being used to support the Company’s growth and development plans.Doug Forbes, Regional Market...
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January 22, 2021, 07:00 AM
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Wingspire Capital provided a $50 million senior secured revolving credit facility to Vantage Mobility International (“VMI”), a leading manufacturer of wheelchair accessible vans with in-floor ramp systems.VMI is using the proceeds to finance its...
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January 21, 2021, 08:26 AM
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Porter Capital funded a $20 million facility in just three weeks. The client is a publicly-traded company who specializes in manufacturing machine tools and machines. The company sought a $20,000,000 line to be drawn down to enhance the balance sheet...
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January 20, 2021, 06:15 AM
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Amerisource Business Capital closed and funded a direct equity co-investment alongside a Houston-based private equity firm for an industrial coatings plant which will support the underserved steel product OEMs and fabricators in Texas. Bill...
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January 08, 2021, 07:50 AM
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Wingspire Capital provided a $30 million senior secured credit facility to a leading manufacturer and distributor of specialty concrete production and handling equipment that are integral in the construction of large buildings, stadiums, roads...
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December 09, 2020, 08:14 AM
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Ares Commercial Finance announced that it has provided a $100 million senior secured credit facility to Pace Industries, LLC, an entity owned by funds and accounts managed by TCW Asset Management Company and by affiliated funds and accounts of...
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November 16, 2020, 08:35 AM
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Amerisource Business Capital announced the closing and funding of a $3,000,000 credit facility for a Texas-based fabricator of membranes used in water treatment facilities. The Company, owned by a foreign parent, was seeking an asset based facility...
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November 12, 2020, 08:10 AM
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Tecnoglass, Inc., a manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, today announced it has entered into a new $300 million Senior Secured Credit...
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November 02, 2020, 09:15 AM
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Fifth Third Business Capital closed a $14.8 million secured credit facility for ARC Group Worldwide, Inc., a provider of advanced manufacturing technologies and cutting-edge capabilities to improve the efficiency of traditional manufacturing...
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November 02, 2020, 09:00 AM
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White Oak Commercial Finance announced it provided a $20 million Receivables Financing Facility to a global manufacturing company that provides innovative product components to the healthcare and consumer goods industries. The transaction was...
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October 29, 2020, 08:20 AM
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Graycliff Partners and Five Points Capital announced an investment in support of Alitus Partners’ acquisition of ATRO Engineered Systems. Graycliff and Five Points each invested unitranche debt and equity co-investment through their dedicated credit...
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October 05, 2020, 09:05 AM
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North Mill Capital provided an $18 million revolving line of credit to Optical Cable Corporation.The funds were used to refinance the prior lender and provide additional working capital for the company. Optical Cable Corporation is a leading...
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September 14, 2020, 09:00 AM
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Sterling National Bank's Asset Based Lending Group provided senior secured credit facilities to von Drehle Corp. The credit facilities will provide refinancing of existing debt and equip the Company with working capital going forward.Founded in 1974...
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September 11, 2020, 08:50 AM
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Fifth Third Business Capital served as lead lender and administrative agent on a $25 million refinancing credit Facility for Performance Designed Products (PDP).Performance Designed Products (PDP) is an industry leader in designing and manufacturing...
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September 09, 2020, 08:56 AM
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Monroe Capital LLC announced an increase in the credit facility to FATHOM to support the acquisition of GPI Prototype & Manufacturing Services (GPI). FATHOM is an existing portfolio company of CORE Industrial Partners.Founded in 2007 as one of the...
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September 01, 2020, 09:05 AM
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Amerisource Business Capital announced the closing and funding of a $5,500,000 credit facility for a metal stamping firm based in Ohio. The proceeds are being used to refinance their existing bank debt. Andy Allaire, Senior Vice President for...
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August 24, 2020, 08:15 AM
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Key Tronic Corporation, a provider of electronic manufacturing services (EMS), announced the closing of a new credit facility to aid with expected growth.On August 14, 2020, Key Tronic Corporation and certain of its domestic subsidiaries entered into...
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August 18, 2020, 08:50 AM
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Amerisource Business Capital announced the closing and funding of a $1,500,000 real estate loan to a flow meter manufacturer based in Texas. Doug Forbes, Regional Market Manager for Amerisource, stated: “We were able to quickly provide the funds...
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August 11, 2020, 08:00 AM
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SSG Capital Advisors, LLC ("SSG") and Statesman Corporate Finance, LLC ("Statesman"), acted as the investment bankers to Watson Valve Services, Inc. ("Watson Valve") in the sale of substantially all of its assets to MOGAS Industries, Inc. The sale...
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August 07, 2020, 09:05 AM
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Amerisource Business Capital announced the closing and funding of a $2,500,000 credit facility for a power generation component part manufacturer and distributor based in Connecticut. The company is recapitalizing its balance sheet and needed a...
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August 05, 2020, 08:50 AM
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North Mill Capital closed a $900,000 Accounts Receivable Credit Facility for Sic Lazaro US Incorporated, a manufacturer of larger metal fabrications and counterweights for heavy machinery and elevators.The funds will be used to provide additional...
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August 03, 2020, 08:00 AM
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Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the close of a $20 million senior secured credit facility with Horsburgh & Scott, a manufacturer of mission critical, custom...
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SSG Capital Advisors, LLC ("SSG") acted as the investment banker to Latex Foam International d/b/a Talalay Global ("Talalay Global" or the "Company") in the sale of substantially all of its assets to Artilat NV ("Artilat"). The sale was effectuated...
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A Haynes and Boone, LLP deal team represented Austin-based AYRO, Inc., a manufacturer of light-duty, emissions-free electric vehicles, in a $15 million registered direct offering of its common stock, which closed July 9, 2020.Founded in 2017, AYRO...
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Pathlight Capital LP (Pathlight) announced it is serving as the Administrative Agent on the recently funded $70,000,000 Senior Secured Term Loan facility for Armstrong Flooring, Inc., a global manufacturer of innovative flooring solutions serving...
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SC&H Capital, a leading investment bank specializing in M&A advisory, announced it acted as the exclusive investment banker to P-D Valmiera Glass USA Corp. (“Valmiera”) in the sale of substantially all of its assets to Saint-Gobain Adfors America...
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IBM entered into a new $2.5 billion 364-Day Credit Agreement with the several banks and other financial institutions from time to time parties thereto (the “364-Day Lenders”) and (ii) entered into the First Amendment (the “Three-Year Amendment”) to...
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Santander Bank announced that its Commercial Banking division acted as joint lead arranger for a $175 million term loan and $50 million revolver to Purolite Corporation ("Purolite") to facilitate additional spending on capital projects and enhance...
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Willow Access Capital announced a series-A financing round of $9 million for a CO-based manufacturer of environmental solutions from biomass products; the funds will be used for working capital purposes."Willow Access Capital is committed to growing...
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Douglas Dynamics, Inc., North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced it has refinanced its existing senior secured credit facilities with $375 million of new credit facilities, consisting...
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Tempur Sealy International, Inc. announced that it has successfully obtained an incremental borrowing of $200 million.The Company entered into an incremental 364-day $200 million term loan (the "364-Day Loan") among several banks and other financial...
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Economic activity in the manufacturing sector contracted in April, and the overall economy contracted after 131 consecutive months of expansion, according to the nation’s supply executives in the latest Manufacturing ISM Report On Business.The report...
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U.S. manufacturing technology orders increased 3 percent in February from the previous month to $277.9 million, according to the latest U.S. Manufacturing Technology Orders report published by AMT – The Association for Manufacturing Technology. New...
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Amerisource Business Capital announced the closing and funding of a $5,000,000 credit facility for a steel fabricator based in Montana. The proceeds were used to refinance existing bank debt and to support the company’s continued growth.Andy Allaire...
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Gibraltar Business Capital recently closed on a new $5,000,000 credit facility with a Missouri-based manufacturer.Headquartered in Kansas City, MO, the new client has been in business since 1952, manufacturing, supplying, designing, marketing...
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Fifth Third Business Capital, a division of Fifth Third Bank, National Association, announced it acted as lead lender and administrative agent on the closing of a new $70,000,000 Senior Credit Facility for Lignetics, Inc. and its various subsidiaries...
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Amerisource Business Capital announced the closing and funding of a $4,000,000 credit facility for a manufacturer of lift and power management systems in Texas. The proceeds were used to refinance existing bank debt and to provide additional growth...
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Encina Business Credit, LLC (EBC) announces the completion of a $75.0 million revolving credit facility for Horizon Global Corporation (Horizon). The facility will be used to replace an existing facility and will provide for ongoing working...
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Comvest Credit Partners (Comvest) has acted as Administrative Agent and Lender in providing a $92.2 million Senior Secured Credit Facility (the “Financing”) to Cassavant Holdings, LLC (“Cassavant”), a vertically-integrated manufacturer of...
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Allied Motion Technologies Inc., a designer and manufacturer that sells precision and specialty controlled motion products and solutions to the global market, announced that it has obtained a new senior secured revolving credit facility of $225...
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February 13, 2020, 09:07 AM
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Wingspire Capital Holdings (“Wingspire”) today announced that it has provided a $36.5 million senior secured loan to R.W. Sidley (“RWS”). Loan proceeds were used to refinance its existing bank facility, while providing a more patient and flexible...
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February 05, 2020, 09:00 AM
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Ares Commercial Finance announced that it has provided a $17.3 million senior secured credit facility to Cox Interior, Inc. comprised of a revolving line of credit and a term loan secured by real estate, machinery and equipment. Proceeds from the...
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January 17, 2020, 09:00 AM
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SSG Capital Advisors, LLC and Saxenhammer & Co. Corporate Finance, GmbH acted as investment bankers to Alexander Technologies Europe Ltd. ("ATEL" or the "Company"), a portfolio company of Woodside Capital Partners, in the sale of its equity shares to...
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January 17, 2020, 08:00 AM
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Ares Commercial Finance announced that it has provided an $11.2 million senior secured credit facility to NHI Mechanical Motion, LLC comprised of a revolving line of credit, a real estate term loan and a term loan secured by machinery and equipment. ...
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December 17, 2019, 08:55 AM
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UMB Capital Finance, through Marquette Business Credit, LLC, continues to fund millions in senior debt capital needs with the recent closings of two asset based credit facilities. These new, secured lines provide further financing resources for...
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November 12, 2019, 09:00 AM
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Kaiser Aluminum Corporation announced that it has entered into a $375 million, five-year senior secured revolving credit facility replacing its previously existing facility from Wells Fargo that was due to mature in December 2020. The new facility...
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November 01, 2019, 08:40 AM
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Amerisource Business Capital announced the closing and funding of a $1,000,000 senior credit facility for a component parts manufacturer based in New York. Proceeds of the facility are being used to support working capital and sales growth.Andy...
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October 31, 2019, 08:00 AM
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Fifth Third Business Capital, a division of Fifth Third Bank, announced it acted as sole lender and administrative agent on the funding of a new $21,500,000 senior credit facility to Conshohocken, Pennsylvania-based Spray Products Corporation and...
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October 14, 2019, 08:50 AM
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Charter Growth Capital Fund (CGCF) announced its investment into its first portfolio company, Keystone Solutions Group. The targeted $100 million fund was launched earlier this year by Charter Capital Partners, a Grand Rapids, Michigan-based...
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October 10, 2019, 08:35 AM
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Amerisource Business Capital announced the closing and funding of a $2,000,000 senior credit facility for a hardware manufacturing company based in California. Proceeds of the facility are being used to support working capital and sales...
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October 01, 2019, 08:55 AM
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MidCap Business Credit announced it has closed on an Asset Based Credit Facility for Global Tissue Group, Inc. Headquartered in Medford, NY, Global Tissue Group is a leading private label paper manufacturer for paper towels, napkins, bath and facial...
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September 19, 2019, 08:40 AM
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Siena Lending Group LLC closed a $17.7 million revolving line of credit and term loan for Greenfiber LLC. The facility was used to refinance Greenfiber’s existing senior debt and support the company's working capital needs.Greenfiber, headquartered...
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September 18, 2019, 08:35 AM
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PNC Bank, National Association, announced the closing of a $42.38 million senior secured credit facility for Madison-Kipp Corporation (MKC), a portfolio company of Dallas, TX-based Trive Capital. PNC Bank, N.A., served as administrative agent.The...
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September 17, 2019, 08:55 AM
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Amerisource Business Capital announced the closing and funding of a $500,000 credit facility for a custom equipment fabrication company based in Texas. Proceeds of the facility are being used to support their working capital growth.Allison Billings...
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September 17, 2019, 08:50 AM
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Calumet Specialty Products Partners, L.P., a producer of specialty hydrocarbon and fuels products, announced that it has successfully amended the terms of its existing asset-based loan facility to increase the borrowing base on the facility by...
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September 09, 2019, 08:50 AM
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Stonegate Capital announced it has made a senior debt investment in Zevia, LLC. Headquartered in Los Angeles, CA, Zevia is a rapidly-growing premier manufacturer and distributor of a wide variety of zero calorie, non-GMO verified, stevia-sweetened...
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September 03, 2019, 08:55 AM
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Fifth Third Business Capital, a division of Fifth Third Bank, announced it acted as sole lender and administrative agent on the funding of a $9,500,000 senior credit facility to Leola, Pennsylvania-based Ross Technology Corporation (“Ross”).“We are...
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August 26, 2019, 08:50 AM
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Amerisource Business Capital announced the closing and funding of a $3,500,000 credit facility for a speciality manufacturing company based in New York. Proceeds of the facility are being used to support their growth.Andy Allaire, Regional Market...
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August 13, 2019, 08:05 AM
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MidCap Business Credit announced they have closed on a $5,500,000 Asset Based Credit Facility for Mitchell Rubber Products, LLC. Headquartered in Mira Loma, CA, Mitchell Rubber Products provides molded rubber components and other branded elastomeric...
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August 12, 2019, 08:50 AM
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Peter Lowney, President of First Business Capital Corp., announced a recently closed and funded $6.1 million credit facility including a revolving line of credit, equipment term loan and a real estate term loan for a commercial door manufacturer...
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August 12, 2019, 08:00 AM
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Amerisource Business Capital announced the closing and funding of a $1 million credit facility for a precision parts design and manufacturing company based in New York. The company was recently acquired by a private equity firm and proceeds of the...
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Stonegate Capital is pleased to announce it has made a senior debt investment into JSI Store Fixtures, a portfolio company of RFE Investment Partners. Headquartered in Maine, JSI designs and manufactures high-quality merchandising displays for the...
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Phoenix Capital Resources (“Phoenix Capital”), a leading middle market special situations investment bank, acted as the financial advisor and investment banker to Spray Products Corporation (the “Company”) in arranging, structuring, and negotiating a...
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Sallyport Commercial Finance provides a $250,000 Accounts Receivable facility to a company committed to providing equipment and process controls to the water treatment and manufacturing sectors.This Original Equipment Manufacturer is in the pursuit...
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Stonegate Capital announced it has closed a $10.5 million senior credit facility with PureTek Corporation. Headquartered in Panorama City, CA, PureTek manufactures a variety of branded and private label pharmaceutical, nutritional and personal care...
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MidCap Business Credit announced they have closed on an $8,500,000 Asset Based Credit Facility for ProFusion Industries, LLC, a portfolio company of Peak Rock Capital, a leading middle-market private equity fund. Headquartered in Fairlawn, OH...
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Siena Lending Group LLC announced the completion of a $7.5 million revolving credit facility for Seitz LLC (Seitz). The facility was used to refinance Seitz’s existing senior debt and support their working capital needs. Siena’s facility was done in...
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Amerisource Business Capital announced the closing and funding of a $1,000,000 revolving credit facility for a design and manufacturing company based in upstate New York. Proceeds of the facility are being used to support their growth.Andy Allaire...
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White Oak Global Advisors, LLC (White Oak) announced it acted as sole lender and administrative agent to provide a $30 million senior credit facility to Danimer Scientific Holdings, LLC (Danimer), a manufacturer of specialty compostable and...
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MB Business Capital, a division of MB Financial Bank, N.A., announced it acted as sole lender and administrative agent on the funding of a $6,500,000 senior credit facility to Moxee, Washington-based Farwest Operating, LLC (“Farwest” or the...
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February 20, 2019, 09:00 AM
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Economic activity in the manufacturing sector expanded in January, and the overall economy grew for the 117th consecutive month, according to the nation’s supply executives in the latest Manufacturing ISM Report on Business.
The report was issued by...
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February 05, 2019, 07:00 AM
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Citizens Commercial Banking is leading a $60 million senior secured credit facility for API Heat Transfer Company, which through its operating subsidiaries, designs and manufactures a wide range of specialty heat exchangers and heat transfer...
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January 25, 2019, 07:10 AM
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Encina Business Credit, LLC (EBC) announced that it has provided a $17 million senior secured credit facility to a manufacturer of heavy-duty chassis for specialized vehicles. The financing, which is comprised of a revolving line of credit and two...
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January 10, 2019, 07:06 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it acted as sole lender and administrative agent on the funding of a $13,085,000 senior credit facility to Walled Lake, Michigan-based Dedoes Industries, LLC (“Dedoes”). Dedoes is...
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December 19, 2018, 08:03 AM
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Economic activity in the manufacturing sector expanded in November, and the overall economy grew for the 115th consecutive month, according to the nation's supply executives in the latest Manufacturing ISM Report On Business.
The report was issued...
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December 07, 2018, 07:14 AM
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The appetite for dealmaking among global advanced manufacturing executives is strong, with half (50%) of respondents to the latest EY Advanced Manufacturing Global Capital Confidence Barometer (CCB) planning to actively pursue mergers and...
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November 26, 2018, 07:14 AM
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B. Riley FBR, Inc., a leading full service investment bank and wholly-owned subsidiary of B. Riley Financial, Inc., announced it served as the exclusive financial advisor and debt placement agent in support of SMTC Corporation’s announced acquisition...
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November 15, 2018, 07:30 AM
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A study from Chubb and The National Center for the Middle Market (NCMM) finds that although manufacturing is experiencing growth, there are many interconnected challenges leading to new risks. The research also suggests that manufacturers may not be...
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November 15, 2018, 07:16 AM
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Celestica Inc., a leader in design, manufacturing and supply chain solutions for the world’s most innovative companies, announced that it has utilized the accordion feature under its current credit facility to add an incremental $250.0 million term...
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November 15, 2018, 07:11 AM
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Citizens Bank announced that Citizens Commercial Banking is providing a $41.2 million credit facility to Chelten House Products, Inc., a family-owned manufacturer of private label organic and conventional salad dressings, marinades and sauces that...
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November 14, 2018, 08:04 AM
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Deloitte Corporate Finance LLC (Deloitte) acted as the exclusive financial advisor to AirBorn, Inc., a Georgetown, Texas-based employee stock ownership plan (ESOP) manufacturing firm that specializes in the creation of mission-critical electronic...
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November 13, 2018, 07:33 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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November 07, 2018, 08:00 AM
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AMETEK, Inc. announced that it has completed an amended and restated Revolving Credit Facility increasing the size from $850 million to $1.5 billion. The facility, previously due to expire in March 2021, now has a maturity date of October...
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November 02, 2018, 07:12 AM
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NFI Group Inc., the largest bus and motor coach manufacturer and parts distributor in North America, announced that it and certain of its subsidiaries entered into a revolving credit facility with a total borrowing limit of $1.0 billion, which...
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October 26, 2018, 07:08 AM
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Barnes Group Inc. entered into an amendment to its existing revolving credit agreement with certain participating banks and financial institutions. Bank of America, N.A. continues to act as Administrative Agent for the lenders. The Company, together...
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October 26, 2018, 07:07 AM
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Encina Business Credit, LLC (EBC) announced that it has provided an $18 million senior secured credit facility to a plastic injection molding company. The financing, which is comprised of a revolving line of credit and two term loans, will be used...
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October 25, 2018, 07:04 AM
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LBC Credit Partners (LBC) provided a $60 million senior secured term loan to support the recapitalization of AirBorn, Inc.
AirBorn is a 100% employee-owned company through an Employee Stock Ownership Plan (ESOP) AirBorn's core business is...
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October 24, 2018, 07:16 AM
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Chicago-based lender, Loeb Term Solutions announced the graduation of a Midwest Gear Manufacturer after having provided an equipment term loan back in early 2017 to help with the acquisition of the company. The company, a manufacturer of gears used...
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October 12, 2018, 07:12 AM
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Super G provided a $2 million junior participation term loan to a producer of machined and fabricated components and parts for original equipment manufacturers in the agriculture, construction, mining, and oil & gas industries.The company was seeking...
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October 11, 2018, 07:02 AM
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ORIX Mezzanine & Private Equity, a business unit of ORIX Corporation USA, announced that it has made an equity investment in partnership with Chicago-based private equity investor Onward Capital to facilitate the acquisition of FSC Lighting (FSC)....
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October 05, 2018, 07:06 AM
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Firearms maker Sturm, Ruger & Co. has inked a new credit facility with Wells Fargo Bank, National Association. The Credit Agreement provides for a revolving line of credit of up to $40 million, with a $10 million sublimit for letters of credit....
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October 04, 2018, 07:05 AM
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Tenneco Inc., one of the world’s leading designers, manufacturers and marketers of Ride Performance and Clean Air products and technology solutions for automotive and commercial vehicle original equipment markets and the aftermarket, announced that...
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October 03, 2018, 08:00 AM
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Busche Performance Group (BPG) is pleased to announce that it has secured $150 million US with the completion of a senior secured credit facility. Along with the previously announced substantial equity infusion from its shareholder group, BPG has now...
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October 01, 2018, 09:01 AM
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Deloitte Corporate Finance LLC (Deloitte) acted as exclusive financial advisor to Austin Foam Plastics, Inc. (AFP), a leading provider of protective packaging solutions, in its sale to Sealed Air Corporation, a global premier packaging solutions...
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October 01, 2018, 09:00 AM
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Sterling National Bank provided senior secured credit facilities totaling $20,500,000 to Pinnacle Climate Technologies.
Over the last six decades, Pinnacle and its subsidiaries have been designing and manufacturing a variety of climate control...
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September 25, 2018, 07:21 AM
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AloStar Capital Finance successfully agented and closed a $20 million committed credit facility to facilitate the recent acquisition of Fenix Parts, Inc. (Fenix Parts), a leading recycler and reseller of original equipment manufacturer automotive...
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September 18, 2018, 07:10 AM
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Rise Line Business Credit, LLC announced the closing of a $7.85 million asset based revolving credit facility to Great Western Co., LLC to refinance existing indebtedness and provide growth capital.
Great Western Products, established in 1962, is a...
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September 14, 2018, 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 the acquisition of Midwest Composite Technologies (MCT) by private equity sponsor, CORE Industrial Partners....
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September 06, 2018, 07:07 AM
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Methode Electronics, Inc., a global developer of custom engineered and application-specific products and solutions, announced that it has entered into a definitive agreement to acquire Grakon Parent, Inc. (Grakon), a global designer and manufacturer...
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August 21, 2018, 07:16 AM
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AloStar Capital Finance successfully closed an $11.8 million committed credit facility to American-Marsh Pumps (“American-Marsh”), a global supplier and manufacturer specializing in pumping applications. “American-Marsh is pleased to establish this...
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August 17, 2018, 08:10 AM
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Wells Fargo Capital Finance, a division of Wells Fargo & Company, served as sole lender and administrative agent for an $80 million revolving credit facility and administrative agent on a $105 million term loan for APPVION, a leading producer of...
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August 10, 2018, 07:00 AM
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Churchill Asset Management (Churchill) announced that it served as Lead Arranger and Sole Bookrunner for a $67 million first lien credit facility to support the recapitalization of Midwest Can Company & Container Specialties Inc. (Midwest Can) by...
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August 02, 2018, 07:04 AM
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LBC Credit Partners (LBC), a provider of financing solutions to middle market companies, provided $76.5 million in senior secured credit facilities to support the acquisition of Critical Process Systems Group (CPS) by Wynnchurch Capital. LBC served...
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Economic activity in the manufacturing sector expanded in June, and the overall economy grew for the 110th consecutive month, according to the nation’s supply executives in the latest Manufacturing ISM Report on Business.The report was issued by...
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Celestica Inc., a provider of design, manufacturing and supply chain solutions, announced that it has entered into a new $800 million credit facility established pursuant to a credit agreement with a syndicate of lenders and Bank of America, N.A. as...
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Patrick Industries, Inc. announced that it has completed the acquisition of Marine Accessories Corporation and has expanded the size of its credit facility.MAC is a manufacturer, distributor and aftermarket supplier of custom tower and canvas...
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LBC Credit Partners, a provider of financing solutions to middle market companies, provided $41.0 million in senior secured credit facilities to support the acquisition of the aftermarket division of Cloyes Gear & Products, Inc. (Cloyes) by Hidden...
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Sterling National Bank provided credit facilities totaling $5.7 million to LCP Machine, LLC to support the acquisition of LCP Machine by White Wolf Capital. In addition to the acquisition, the facility will also be used by the company to expand their...
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Webster Business Credit recently provided a $10,000,000 Senior Secured Credit Facility to Tecogen, Inc. for future working capital and to refinance an existing debt.Tecogen designs, manufactures, markets and maintains highly efficient and ultra clean...
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Amerisource Business Capital announced the closing and funding of a $2,000,000 debtor-in-possession senior revolving credit facility for a paperboard manufacturing company in New York. The proceeds of the facility are being used for working capital...
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Technical Consumer Products, Inc., a global manufacturer and distributor of energy efficient lighting technologies, announced that it has closed a $45 million credit facility with Encina Business Credit, LLC.
TCP put in place this new credit...
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a $24.5 million senior credit facility to Chicago-based Lamination Specialties Corp. Lamination Specialties Corp. is one of the largest manufacturers of...
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Terex Corporation announced that it has increased the size of the revolving credit facility under its Credit Agreement from $450 million to $600 million. According to a regulatory filing, Credit Suisse AG, served as administrative agent and...
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TPI Composites, Inc., the only independent manufacturer of composite wind blades with a global footprint, announced that it has refinanced its existing $100 million senior, secured credit facility with a new $150,000,000 senior secured revolving...
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Sun Hydraulics entered into a First Amendment, Consent and Joinder to Credit Agreement with PNC Bank, National Association, as administrative agent, and the lenders party thereto.The First Amendment and the Amended Credit Agreement attached thereto...
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $25,000,000 senior credit facility to Dallas Texas-based LDC Stone, Inc. LDC is a leading manufacturer and supplier of kitchen and bath stone and cabinet...
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new senior credit facility to Las Vegas, Nevada-based Cole Kepro International, LLC (“CKI” or the “Company”). CKI is a designer, developer and manufacturer...
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LCI Industries, its wholly owned subsidiaries Lippert Components, Inc. and LCI Canada Group, Inc., and other subsidiaries of the Company listed on the page thereto, entered into an Incremental Joinder and Amendment with JPMorgan Chase Bank, N.A....
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February 27, 2018, 07:29 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $23,000,000 senior credit facility to La Porte, Indiana-based NRP Jones, LLC. NRP, founded in 1945, is a manufacturer of hydraulic, industrial, and...
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February 09, 2018, 07:18 AM
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Ares Commercial Finance announced that it has provided a $41.7 million senior secured credit facility to CST Acquisition Corp., which included a $16.7 million term loan and an undrawn $25 million revolving line of credit to fund future growth....
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February 01, 2018, 07:20 AM
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Siena Lending Group announced the completion of a $19.5 million revolving and term loan credit facility for Stewart Tubular Products, LLC to refinance the company's existing senior debt and to support their working capital needs. The transaction was...
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January 30, 2018, 07:05 AM
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Bibby Financial Services (BFS) announced a new funding relationship with the U.S.-based subsidiary of an international company headquartered in Australia. The client, a manufacturer of large steel products used by the construction, mining and oil &...
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January 17, 2018, 07:05 AM
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Ares Commercial Finance announced that it has provided a $21 million senior secured credit facility to Conner Industries, Inc., which includes an $18 million revolving line of credit and a $3 million real estate term loan. Proceeds of the financing...
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January 16, 2018, 07:15 AM
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TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced that it provided an expanded financing commitment to StyleCraft Home Collection to support its continued growth and a dividend and...
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December 13, 2017, 07:24 AM
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LBC Credit Partners, a provider of financing solutions to middle market companies, provided senior secured credit facilities to support the acquisition of 4ONE LLC by United States Seating Company (USSC). USSC is managed by Dubin Clark & Company...
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December 13, 2017, 07:00 AM
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Perceptron, Inc., a global provider of 3D automated metrology solutions and coordinate measuring machines, announced it has entered into a new loan agreement for an $8 million on-demand line of credit with Chemical Bank. The new credit line provides...
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December 07, 2017, 07:01 AM
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Encina Business Credit, LLC (EBC) announced that it has provided an asset-based credit facility to A.T. Cross Company (Cross). The financing was used to help fund Transom Capital Group’s acquisition of the company’s assets.
Based in Providence...
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November 29, 2017, 07:28 AM
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Sterling National Bank provided senior secured credit facilities totaling $17,000,000 to Cellucap Manufacturing Co. Established in 1954, and headquartered in Philadelphia, Cellucap manufactures a full range of disposable protective headwear and...
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November 14, 2017, 07:16 AM
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Citizens Bank announced that Citizens Commercial Banking has led $57.5 million in financing for Ipswich-based United Pipe and Steel Corp., an independent master distributor of steel pipe, copper tubing, plastic pipe, electrical conduit and related...
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November 06, 2017, 07:17 AM
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White Oak Commercial Finance, LLC (WOCF) announced that it has provided a $15 million factoring facility to Mias Fashion, an innovative leader in the full package apparel manufacturing and global sourcing. Since 1999, Mias Fashion has efficiently...
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November 02, 2017, 07:40 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $9.000,000 senior credit facility to Metpar Corporation (Metpar). Metpar is a manufacturer and worldwide distributor of commercial bathroom partitions...
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October 25, 2017, 07:11 AM
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Antares Capital announced it is serving as administrative agent and lead left arranger on a senior secured credit facility to support the recapitalization of Bettcher Industries, Inc. (Bettcher) by Morgenthaler Private Equity.Headquartered in...
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October 13, 2017, 07:18 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $9,000,000 senior credit facility to Morganton, North Carolina-based E.J. Victor, Inc. E.J. Victor is a manufacturer and importer of high quality hand...
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October 11, 2017, 07:06 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $26.3 million senior credit facility to refinance the existing debt facility and to finance an add-on acquisition for American Optics, an...
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September 19, 2017, 07:19 AM
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Encina Business Credit, LLC (EBC) announced that it has provided a $23 million senior secured credit facility to Tejas Tubular Products, Inc. and certain of its affiliates (Tejas).
The financing, which is comprised of a revolving line of credit and...
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September 14, 2017, 07:16 AM
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NeoPhotonics Corporation entered into a Credit Agreement with Wells Fargo Bank as administrative agent and the lenders party thereto.The Credit Agreement provides for a $50 million revolving credit facility, $30 million of which was drawn at closing....
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September 12, 2017, 07:15 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $9,000,000 senior credit facility to Eden Prairie, Minnesota-based Logic PD, Inc. Logic PD is an Electronics Manufacturing Services (EMS) and Product...
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August 30, 2017, 07:00 AM
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Paul Hastings LLP, a global law firm, announced that the firm represented UBS Securities LLC, KKR Capital Markets LLC, Citigroup Global Markets Inc., Crédit Agricole Corporate and Investment Bank, Deutsche Bank Securities Inc., Mizuho Bank, Ltd. and...
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August 21, 2017, 07:00 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $15.275 million senior credit facility to Schiller Park, Illinois-based Midland Stamping and Fabricating Corporation. Midland is a full-service provider...
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August 07, 2017, 07:12 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $8,000,000 senior credit facility to Hardinsburg, Kentucky-based Whitworth Tool, Inc..
Whitworth is a full service precision machine shop that...
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $23,700,000 senior credit facility to Shawnee, Oklahoma based Shawnee Tubing Solutions, LLC. The transaction was part of an acquisition of select assets...
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Marquette Business Credit recently funded three new clients with new commitments totaling more than $31 million. These new clients include Artcobell Corp., a designer and manufacturer of K–12 educational classroom furniture; Castwell Products LLC, a...
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PNC Bank, N.A. announced that it has closed a $37 million senior secured credit facility for Derby Fabricating Solutions, a portfolio company of Prophet Equity Management, LLC. PNC Capital Markets LLC led the syndication as sole lead arranger, with...
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LBC Credit Partners (LBC), a provider of financing solutions to middle market companies, completed an increase to an existing credit facility to support the recapitalization of GSC Technologies (GSC) by an affiliate of New Water Capital Partners, L.P...
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MB Business Capital announced it recently provided a new $5,000,000 senior credit facility to Lakeville, Minnesota-based J & E Manufacturing, Co. (J & E).
J&E is a contract manufacturer of precision metal components. The company manufactures...
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Stonegate Capital has closed on a $6.5 million loan for Orchid Monroe, a manufacturer of electric motor, generator and power transformer components and assemblies.
Based in Monroe WI, the Company performs all processes in-house including steel...
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Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, announced the close of a $9 million senior secured loan with Wood-Mode, a manufacturer of high-end custom-crafted cabinetry."Wood-Mode quality is...
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LBC Credit Partners, a provider of financing solutions to middle market companies, provided a senior secured term loan to support the recapitalization of KL Outdoor (KL) by New Water Capital.LBC served as the Administrative Agent and Sole Lender for...
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $23,168,000 senior credit facility to Tacoma, Washington-based Aero Precision, LLC and its majority owned subsidiaries; Apopka, Florida-based Ballistic...
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Silgan Holdings Inc., a supplier of rigid packaging for consumer goods products, announced that it completed an amendment and restatement of its existing senior secured credit facility which extends the maturity dates for its senior secured credit...
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MidCap Business Credit announced that it has completed a $3.25 million Asset Based Credit Facility to Egide USA, Inc. Headquartered in Cambridge, MD, Egide specializes in manufacturing of hermetic packages for sensitive electronic components.The...
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $9,522,000 senior credit facility to Salem, Oregon-based Taylor Metal, Inc.
Founded in 1985, Taylor Metal is a manufacturer and distributor of metal...
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Sallyport Commercial Finance recently provided a $2 million facility including an Inventory and Purchase Order Line to a company who specializes in designing and manufacturing the fold-up ballet flat footwear. Their products include flats and sandals...
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Atrion Corporation, a developer and manufacturer of products used primarily for medical applications, entered into a credit agreement with Wells Fargo Bank, National Association, as lender. The credit agreement provides for a $75 million revolving...
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Affiliates of The Carlyle Group L.P. successfully raised senior secured credit facilities from the syndicate led by Barclays to finance the $3.2 billion acquisition of Atotech B.V. by such affiliates of The Carlyle Group L.P. from affiliates of Total...
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SSG Capital Advisors, LLC acted as the investment banker to Wood-Mode Incorporated in the placement of a financing package which enabled Wood-Mode to refinance existing indebtedness and generate additional liquidity for growth. The transaction...
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B. Riley & Co., a full service investment bank and a wholly-owned subsidiary of B. Riley Financial, Inc., announced the closing of a refinancing transaction for Gibson Brands, Inc..
B. Riley, serving as financial advisor to the Company, organized a...
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CIT, a provider of commercial lending and leasing services, announced that CIT Commercial Services was selected as the sole provider of factoring services to AG Adriano Goldschmied and its affiliate, Big Star. Both firms are either owned by or...
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February 07, 2017, 08:00 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 provided $15 million in secured financing to support Kinderhook Industries, LLC in their recapitalization of NitroFill...
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February 06, 2017, 07:00 AM
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Bibby Financial Services (BFS) announced it was supporting United Plastics Group (UPG), a Houston-based manufacturer of specialized plastic parts, components and complete finished goods to multiple industries, owned by Turnspire Capital Partners...
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February 03, 2017, 07:00 AM
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Gibraltar Business Capital closed a new $2 million asset-based line of credit for Custom Wood Products (CWP), a producer of fine custom wood cabinetry located in Roanoke, VA.
Working with CWP and financial sponsor, Wafra Partners LP, an affiliate of...
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February 01, 2017, 07:49 AM
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SSG Capital Advisors, LLC acted as the investment banker to Polar Windows of Canada, Ltd., a portfolio company of The Riverside Company, in the sale of substantially all of its outstanding stock to a consortium of management, Henry & Wallace, LLC and...
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January 27, 2017, 08:00 AM
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Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $5 million credit facility to new client Argonaut Manufacturing Services, a leading contract manufacturer for biotech companies. Proceeds from the facility will...
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January 19, 2017, 08:00 AM
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Bibby Financial Services (BFS) announced a combined $2.3 million line of financing to a Chicago-based metal products manufacturer. The company supplies aluminum products for a variety of industries including the automotive, lighting, medical...
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January 18, 2017, 07:25 AM
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Atkore International Group, a leading manufacturer of Electrical Raceway products primarily for the non-residential construction and renovation markets and Mechanical Products & Solutions for the construction and industrial markets, today announced...
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December 27, 2016, 08:05 AM
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Antares Capital announced it is serving as administrative agent and lead left joint lead arranger on a $100 million first lien senior secured credit facility to support the acquisition of Paragon Films (Paragon) by Wind Point Partners (Wind...
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December 21, 2016, 07:10 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $17.3 million senior credit facility to Vinemont, Alabama-based HomTex, Inc. HomTex is a family owned company that manufactures bedding products that...
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December 20, 2016, 07:06 AM
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Blue Bird Corporation, the leading independent designer and manufacturer of school buses, announced it has successfully refinanced its $160 million term loan and $75 million revolving line of credit.The new credit facility, led by Bank of Montreal as...
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December 16, 2016, 07:30 AM
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Smart Sand, Inc. has entered into a new $45 million senior secured revolving credit facility with Jefferies Finance LLC serving as the sole lead arranger, bookrunner, administrative agent and collateral agent. The revolving credit facility has a...
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December 15, 2016, 07:35 AM
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MB Business Capital recently provided a new $17.3 million senior credit facility to Vinemont, Alabama-based HomTex, Inc. HomTex is a family owned company that manufactures bedding products that include fashion bedding, sheets, pillows, mattress pads...
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December 14, 2016, 07:39 AM
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Synalloy Corporation announced that it, through its subsidiary Bristol Metals, LLC, has signed a definitive agreement to acquire the Stainless Steel Pipe and Tube operations of Marcegaglia USA. The parties expect the transaction to close on or by...
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December 14, 2016, 07:33 AM
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Siena Lending Group LLC (“Siena”) announces the completion of a three-year $2.5 million asset based revolving and term loan credit facility for DelVal Flow Controls ("DelVal") to refinance their existing senior debt and to provide additional working...
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December 08, 2016, 07:38 AM
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MB Business Capital recently provided a new senior credit facility to Beloit, Wisconsin-based PlayMonster, LLC, formerly known as Patch Products. PlayMonster is a leading national manufacturer and marketer of family entertainment products...
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December 07, 2016, 07:43 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 it served as Administrative Agent and Sole Lender for $20.5 million in...
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November 30, 2016, 07:31 AM
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Encina Business Credit, LLC (EBC) announced it has provided a $7.5 million asset-based revolving credit facility to a recreational products company based in the Midwestern U.S. The credit facility consists of a working capital revolver secured...
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November 28, 2016, 08:08 AM
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SMTC Corporation, a global electronics manufacturing services provider, announced an amendment to the revolving credit and security agreement with PNC Bank.The highlights of the current amendment include:
Three year extension to January 2...
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November 23, 2016, 07:23 AM
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Ares Commercial Finance announced that it has provided an $18 million senior secured credit facility to Hastings Manufacturing Company, a Michigan-based manufacturer and distributor of piston rings used in gasoline and diesel engines. The credit...
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November 22, 2016, 07:44 AM
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Rockland Trust announced it financed a $4.35 million transaction for equipment manufacturer, Macton Corporation and its senior credit facility. “Rockland Trust is excited to partner with Peter McGonagle and his Macton team to invest in a company that...
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November 18, 2016, 07:23 AM
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Encina Business Credit, LLC (EBC) announced that it has provided a $31.5 million senior secured credit facility to Katy Industries, Inc. (Katy) and its wholly-owned subsidiary, Continental Commercial Products, LLC. The financing, which is comprised...
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November 17, 2016, 07:29 AM
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Essex Capital Group, Inc., announced the firm recently arranged a $10 million debt capital raise for Atio USA, LLC, a startup aluminum alloy manufacturer based in Clewiston, FL ("Atio" or the "Company"). When operational, the Company will produce...
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November 17, 2016, 06:51 AM
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Veritas Financial Partners announced the closing of a $16 million asset based revolver and term loan credit facility for Chicago American Manufacturing, LLC (“CAM”). CAM utilized the proceeds to refinance their existing senior debt and to provide...
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November 02, 2016, 07:38 AM
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Allied Motion Technologies Inc., a global designer and manufacturer of motion control products and solutions, announced that it has obtained a new senior secured revolving credit facility of $125 million on a 1.00% to 2.25% over LIBOR sliding-scale...
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November 02, 2016, 07:27 AM
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TCF Capital Funding announced it provided secured financing to support Branford Castle Partners, L.P. in their acquisition of Earthlite Massage Tables (“Earthlite” or the “Company”). Siguler Guff & Company, LP provided mezzanine financing and made...
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October 31, 2016, 08:03 AM
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Performance Sports Group Ltd., a leading developer and manufacturer of high performance sports equipment and apparel, announced that, in order to facilitate a financial and corporate restructuring through a going-concern sale of substantially all of...
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October 31, 2016, 07:44 AM
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MB Business Capital recently provided a new $10.5 million senior credit facility to Southeast Aluminum Products, Inc. (“SEAP”). Headquartered in Jacksonville, FL, SEAP is a leading manufacturer of bath enclosures and shower doors for the residential...
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October 28, 2016, 07:50 AM
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MidCap Financial closed a $12 million senior credit facility with small kitchen and appliance developer, Select Brands, Inc. The MidCap credit facility refinanced Select Brands' prior line of credit with Community Bank and expended the Company's...
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October 27, 2016, 07:26 AM
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Altra Industrial Motion Corp., a leading global supplier of electromechanical power transmission and motion control products, announced that it has entered into an agreement to amend its existing credit facility. This amendment, which will become...
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October 24, 2016, 07:18 AM
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MB Business Capital announced it recently provided a new senior credit facility to O.S. Walker Co., Inc. and it’s affiliates (“Walker Magnetics”). Walker Magnetics designs and manufactures industrial magnetic products using permanent...
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October 21, 2016, 07:38 AM
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MB Business Capital recently provided a new $14 million senior credit facility to Smart Chemical Services, LP ("SCS") and it's affiliates. Smart Chemical Services manufactures proprietary chemical products and provides services to the drilling...
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October 12, 2016, 07:38 AM
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US Capital Partners Inc. announced its affiliate US Capital Investment Management, LLC (“US Capital”) has recently closed an $8 million unitranche stretch facility for Fulham Co., Inc. (“Fulham”) out of its US Capital Business Credit Income Fund, LP....
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October 12, 2016, 07:07 AM
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Monroe Capital announced it acted as syndication agent on the funding of a senior credit facility to support the acquisition of Oldenburg Group Inc.’s (“Oldenburg”) Heavy Equipment Group by private equity sponsor, J.F. Lehman & Company. Based in...
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October 04, 2016, 07:30 AM
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ARC Group Worldwide, Inc., a leading global provider of advanced manufacturing and 3D printing solutions, announced the closing of a new $42.5 million senior credit agreement with Citizens Bank, N.A. Proceeds from the financing will be used to...
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September 30, 2016, 07:45 AM
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Pacific Mercantile Bank has extended a $5.8 million credit facility to Hyperikon to help finance the company’s continued growth. In addition to the credit facility, Hyperikon will utilize a full suite of Pacific Mercantile Bank’s cash management...
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September 30, 2016, 07:22 AM
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Siena Lending Group announces the completion of a $7 million credit facility for Armada Skis, Inc. (“Armada”) to refinance their existing senior debt and to support their working capital needs. Headquartered in Park City, UT, Armada designs...
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September 28, 2016, 07:38 AM
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TTM Technologies, Inc. announced that it has successfully priced $775 million of new U.S. dollar-denominated Term B Loans at an interest rate of LIBOR + 4.25%, which priced 75 basis points lower than its previous Term B Loans issued in May 2015. In...
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September 28, 2016, 07:09 AM
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North Avenue Capital, LLC (NAC), a specialized commercial lender, announced the closing of a $9 million loan for SB Manufacturing, LLC ("SB"), a Dade City, FL aluminum automotive wheel manufacturer. NAC Commercial Lender Drew Louis, led the project....
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September 27, 2016, 07:22 AM
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Ares Commercial Finance announced that it has provided a $37.3 million asset-based credit facility to Be Green Packaging, LLC, a Thousand Oaks, California-based designer and manufacturer of sustainable, compostable and recyclable molded fiber...
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September 21, 2016, 07:42 AM
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MB Business Capital recently provided a new $18 million senior credit facility to Angola, Indiana-based AAA Sales & Engineering, Inc. (“AAASE”). AAASE provides high precision production machining services that can be found in almost all modes of...
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September 21, 2016, 07:34 AM
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SSG Advisors acted as the co-investment banker to KARLEE Company, Inc. in the sale of substantially all of its assets to an affiliate of Resilience Capital Partners. The sale was effectuated under UCC Article 9 and closed in August 2016. KARLEE...
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September 09, 2016, 07:33 AM
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Ares Commercial Finance announced it has provided a $10 million asset-based credit facility to DCWV Acquisition Corporation, a Provo, UT-based company that designs, manufactures, and sells innovative, high quality products to the paper crafting...
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September 08, 2016, 07:41 AM
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Marquette Business Credit announced it recently funded an $11,684,000 credit facility to Prime Window Systems, LLC. Prime Window Systems is a window and door manufacturer based out of Denver, CO. Tim Morris, Partner at Morris Capital Management was...
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September 07, 2016, 07:37 AM
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Synalloy Corporation announced the closing of a new asset based (“ABL”) credit facility with its bank, Branch Banking and Trust Company (“BB&T”), and its entrance into a purchase and sale agreement for sale-leaseback of its real estate properties in...
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September 02, 2016, 07:32 AM
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Performance Sports Group Ltd., a leading developer and manufacturer of high performance sports equipment and apparel, announced that it has executed amendments to its asset-backed revolving credit facility and secured term-loan credit facility that...
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September 02, 2016, 07:11 AM
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BMO Harris Bank’s Asset Based Lending group, a leading provider of middle market asset based finance solutions, announced it was administrative agent for $27.5 million in senior credit facilities to True Temper. True Temper is the leading designer...
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August 30, 2016, 07:39 AM
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In a move to reduce costs, extend maturities and improve flexibility, OMNOVA Solutions Inc. announced the successful refinancing of its term loan facility and senior secured revolving credit facility, and announced the redemption of its 7.875% Senior...
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August 30, 2016, 07:34 AM
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TCF Capital Funding announced that it provided $15 million in secured financing to support Mangrove Equity Partners in their acquisition of Dixie Diamond-Concut Group. Dixie Diamond Manufacturing of Lilburn, GA and Concut, Inc. of Kent, WA have...
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August 29, 2016, 08:11 AM
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BMO Harris Bank’s Asset Based Lending group, a leading provider of middle-market asset based finance solutions, announced it was Sole Lender for $60 million in senior credit facilities to Riddell Sports Group, Inc. Riddell is a premier designer and...
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August 29, 2016, 07:54 AM
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Marquette Business Credit announced it recently funded a $5 million credit facility to Pancon Corporation and its affiliates. Based out of East Taunton, MA and a Milestone Partners portfolio company, Pancon is a global designer and manufacturer of...
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August 23, 2016, 07:49 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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August 23, 2016, 07:35 AM
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AloStar funded an $8 million revolving credit facility to Fouts Bros., a manufacturer of van bodies and municipal fire trucks. Fouts Brothers was founded in 1952 and is based in Smyrna, GA. “We actively seek lending partners with a long history of...
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August 09, 2016, 07:38 AM
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Quanex Building Products Corporation announced that it has entered into new senior secured credit facilities (the "New Senior Credit Facilities") due 2021 totaling $450 million, comprised of a $300 million revolving credit facility and a $150 million...
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August 01, 2016, 08:25 AM
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Patrick Industries reported its financial results for the second quarter and six months ended June 26, 2016. The company also announced that it expanded its existing credit facility to $360 million. On July 26, 2016, the company amended its...
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Manitex International, Inc., a leading international provider of cranes and specialized material and container handling equipment, announced that it has completed a new credit agreement on July 19, 2016, with The Private Bank & Trust Co., to provide...
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BMO Harris Bank’s Asset Based Lending group, a leading provider of middle-market asset-based finance solutions, announced it was Joint Lead Arranger, Joint Bookrunner and Co-Syndication Agent for $125 million in senior credit facilities to Springs...
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Phoenix Capital Resources, a leading middle-market special situations investment bank, acted as the exclusive financial advisor and investment banker to Kalas Manufacturing, Inc. in arranging, structuring and negotiating a loan package of $33.6...
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Siena Lending Group announced the completion of a three-year $7.5 million asset-based revolving and term loan credit facility for American Bare Conductor Inc (“ABC”) to refinance their existing senior debt and to provide additional working capital...
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MidCap Business Credit announced it has completed a $3 million asset-based credit facility to Technology Container Corporation in Desoto, TS, a manufacturer of corrugated plastic boxes. The asset-based credit facility is comprised of a revolving line...
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PNC Riverarch Capital announced the recapitalization of Steelite International, a leading designer, manufacturer, and distributor of tableware, glassware and other tabletop products to restaurants, hotels and other foodservice operators. The...
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L.B. Foster Company has amended its revolving credit facility agreement maturing in March 2020 that decreases the size of the facility and increases the maximum leverage ratio until the first quarter of 2018 when it returns to its original terms and...
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TCF Capital Funding (TCFCF) provided $14.5 million in secured financing to support Wincove Private Holdings, LP in its recapitalization of Hygrade Components (“Hygrade Components” or the “Company”). Headquartered in Bethlehem, PA, Hygrade is a...
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MB Business Capital recently provided an $8 million senior credit facility to Plano, Texas based WM Coffman Resources, LLC (“Coffman”). Coffman is the market leader in the residential stair parts industry within the United States. They are a one-stop...
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TCF Capital Funding, a division of TCF National Bank, announced that it provided $12.75 million in secured financing to support Wincove Private Holdings, LP in its acquisition of Bluff Manufacturing (“Bluff” or the “Company”). Wincove partnered with...
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Bank of America Business Capital recently closed a $50 million revolving credit facility to Twin-Star International, Inc. Proceeds from the loan were used to help finance the acquisition of the company by private equity sponsor, Z Capital Partners...
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LBC Credit Partners provided a second lien term loan to CWD, LLC d/b/a Centric Parts, a portfolio company of Audax Private Equity. The proceeds were used to refinance existing indebtedness. LBC Credit Partners served as agent, sole lead arranger and...
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Building on an existing relationship with Diversis Capital, a private equity group based in Santa Monica, CA, Gibraltar Business Capital set up a creative working capital financing facility for a Diversis portfolio company, Martin Archery. Martin...
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East West Manufacturing, LLC, a leading global design, engineering, manufacturing and supply chain management company, is pleased to announce that it has successfully completed a growth recapitalization led by a private investment group with offices...
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Patterson Medical, a leading distributor of rehabilitation, sports medicine and assistive patient products, has signed a definitive agreement to acquire Performance Health, a leading manufacturer and supplier of consumer branded health, wellness and...
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MB Business Capital recently provided a new $5.7 million senior credit facility to Sparks, Nevada based Via, Inc. Via is a designer and manufacturer of branded, ergonomically advanced office chairs. The company was founded in 1987 with a focus on...
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Ampco-Pittsburgh Corporation announced the closing of a new five-year senior secured asset-based revolving credit facility of up to $100.0 million, with a $50.0 million accordion feature. For the credit facility, PNC Capital Markets LLC and F.N.B....
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MB Business Capital recently provided a new multi-million dollar senior credit facility to Chico, California based Klean Kanteen, Inc. Founded in 2004, the family-owned and operated company designs and markets reusable stainless steel water bottles...
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BMO Harris Bank’s Asset Based Lending group, a leading provider of middle market asset based finance solutions, announced it was sole lender for $40 million in senior credit facilities to Twin Disc, Inc.Founded in 1918, Twin Disc is a designer...
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Nortek, Inc, a global diversified industrial company with leading brands and innovative air management and technology-driven solutions for residential and commercial applications, has successfully completed amendments to its asset-based revolving...
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Siena Lending Group announced the completion of a three-year $7.0 million senior secured credit facility to New Dalton Corporation. The facility will be used to finance Speyside Equity’s (majority owner) and Beckner Clevy Partners stock acquisition...
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Drew Industries Incorporated, a leading supplier of components for the recreational vehicle and adjacent industries, announced the successful refinancing of its revolving credit facility. The new five-year $200 million revolving credit facility...
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VOXX International Corporation has successfully completed the refinancing of its global revolving credit facility. The company has entered into an amended and restated $140.0 million facility, with a $15.0 million sublimit for letters of credit, and...
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Citizens Bank announced that Citizens Commercial Banking has provided Woburn-based Lytron, Inc. with a new $15 million revolving line of credit and an $8.1 million commercial real estate mortgage. Lytron is an international supplier of liquid cooling...
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Wells Fargo Commercial Distribution Finance (CDF) has extended its inventory financing program with Briggs & Stratton Power Products Group, a wholly owned subsidiary of Briggs & Stratton Corp, the world’s largest producer of gasoline engines for...
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior term loan to support the acquisition of Twin-Star International, Inc. (“Twin-Star”) by private equity sponsor, Z Capital Partners...
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Business Capital announced it provided a $4 million credit facility to KACO New Energy, a leading manufacturer and distributor of PV inverters for use in residential, commercial, and utility solar installations in the U.S. and Canada. The company is...
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Amerisource announced the closing and funding of a $850,000 asset-based revolver for a sports equipment designer and distributor in California. The company was introduced to Amerisource by a commercial banker, as the company’s investors would not...
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Citizens Commercial Banking is leading a new senior secured credit facility for Cranston, R.I.-based Taco, Inc., an HVAC systems manufacturer. Citizens Commercial Banking is administrative and collateral agent, sole arranger and sole bookrunner in...
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $15 million senior credit facility to San Francisco, CA-based Green Creative, LLC. Green Creative is a solid state lighting development and manufacturing...
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Concord Financial Advisors announced it has secured an $8.2 million senior secured asset-based lending facility and a $1.1 second lien loan for a private equity sponsored manufacturer of component and user interface components. The manufacturer is...
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MidCap Business Credit announced it has completed a $4 million asset-based credit facility to a company that manufactures and services casting equipment to a New England based company.
The opportunity was sourced and closed out of MidCap’s...
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TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced that it provided $11 million in secured financing to support Argosy Private Equity acquiring a controlling ownership interest in...
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GT Advanced Technologies Inc. announced that it has emerged from Chapter 11 as a newly reorganized company. GT Advanced Technologies Inc. and its affiliated debtors (“GTAT”) have emerged with a solid balance sheet and renewed strategy focused on...
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Ball Corporation announced it has completed the closing of its new revolving and term loan senior secured credit facilities that refinance Ball's revolver and the remainder of the bridge term loan facilities entered into on Feb. 19, 2015. An 8-K...
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The MAPI Foundation released its latest U.S. Industrial Outlook, a quarterly analysis of 27 major industries, which found that manufacturing industrial production was unchanged from the third to the fourth quarter of 2015. The analysis indicates that...
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Marquette Business Credit announced it recently funded a $10,000,000 credit facility to Gem City Engineering Co. Founded in 1963 out of Dayton, Ohio, Gem City Engineering specializes in manufacturing design-and-build, build to print custom equipment...
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Tredegar Corporation announced that it has entered into a new $400 million five-year, secured revolving credit facility. The new facility includes a customary accordion feature allowing for additional borrowings of up to $50 million under certain...
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Phoenix Capital Resources, the investment bank affiliate of Phoenix Management Services, LLC, acted as the exclusive financial advisor and investment banker to Lane Enterprises, Inc. PNC Bank, N.A. provided a new $54.6 million credit facility to Lane...
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North Mill Capital announced the funding of a $10 million accounts receivable and inventory credit facility for GMT Corporation. The funds were utilized for corporate restructuring, paying out the prior lender, as well as providing a line compatible...
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February 26, 2016, 07:43 AM
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Garrison Investment Group LP announced the funding of a senior secured term loan, in conjunction with a senior secured credit facility provided by PNC Business Credit, to Texas Hydraulics, Inc. (“THI”). Proceeds from the transaction were used finance...
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February 24, 2016, 07:56 AM
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The Middle Market Growth Program (MMGP), jointly managed by Antares and LStar Capital, announced today it closed a senior secured unitranche credit facility to support the acquisition of Preferred Compounding by Audax Private Equity.Headquartered in...
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February 23, 2016, 07:38 AM
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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 increased its existing credit facilities to support Innovative Office Products (“IOP”), a portfolio company owned by...
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February 19, 2016, 08:06 AM
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Marquette Business Credit, announced it recently funded a $10 million credit facility to Consolidated Casting Corp. ("CCC"). Based out of Hutchins, Texas, CCC is a certified custom manufacturer of precision investment castings while also offering...
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February 18, 2016, 07:38 AM
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The PrivateBank has provided both debtor-in-possession financing and $20 million in senior secured exit financing to Cardiac Science Corp. Cardiac Science is a global leader in the manufacturing and marketing of automated external defibrillators...
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February 17, 2016, 07:46 AM
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Marquette Business Credit, LLC announced it recently funded an $8.2 million credit facility to Nelson-Miller, Inc., a portfolio company of Superior Capital Partners. Based out of Los Angeles, Nelson-Miller, Inc. is an internationally recognized...
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February 11, 2016, 07:44 AM
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TCF Capital Funding (TCFCF), a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced it provided $7.1 million secured financing to support Mangrove Equity Partners’ investment in Dixie Diamond Manufacturing...
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February 10, 2016, 07:50 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., has provided senior secured credit facilities totaling $8 million to Roscom, Inc. (“Roscom” or the “Company”). Founded in 1972 and headquartered in Croydon, PA, Roscom...
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February 09, 2016, 08:01 AM
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Super G Funding announced it has closed a $1.1 million second lien loan to complement a credit facility provided on Marquette Business Credit to a niche manufacturer. The company is a sponsor-backed company which engineers, manufactures, and sources...
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February 04, 2016, 07:39 AM
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Federal Signal Corporation, a leader in environmental and safety solutions, announced the completion of a new five-year $325 million revolving credit facility, to replace its existing $225 million credit facility. The arrangement also provides the...
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January 28, 2016, 08:08 AM
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LBC Credit Partners provided a $12.5 million senior secured term loan to support the acquisition of HeathCo LLC (“HeathCo”) by Transom Capital Group (“Transom Capital”). HeathCo will operate as a standalone entity and focus on existing and planned...
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January 27, 2016, 07:53 AM
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Siena Lending Group announced the completion of a three-year $9 million asset-based revolving credit facility for Xenith, LLC, a portfolio company of Rock Ventures LLC. Xenith will utilize Siena’s facility to provide additional liquidity and capital...
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January 20, 2016, 08:06 AM
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Park Electrochemical has entered into a three-year revolving credit facility agreement with HSBC Bank USA, National Association. This credit facility agreement provides for loans of up to $75 million to the Company and letters of credit up to $2...
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January 20, 2016, 07:18 AM
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Trex Company has completed an amendment to its senior secured credit facility. The amended cash flow lending facility, obtained through Bank of America, Citibank, N.A., Capital One, N.A., and SunTrust Bank, is a seasonal facility that provides for a...
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January 14, 2016, 07:14 AM
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Ares Commercial Finance has funded a $47.0 million senior secured credit facility comprised of a revolving line of credit, two term loans and a capital expenditure facility to Polymeric Resources Corporation and its wholly owned subsidiaries, Nylene...
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January 08, 2016, 07:06 AM
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Manufacturing executives know that “innovation” is the key to long-term success, but just how to innovate might be the biggest question. As a result, it’s not an either-or but a holistic approach that could foster more growth, as all three of the...
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December 30, 2015, 07:48 AM
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Franklin Square Capital Partners announced the origination of a new senior secured loan to Pittsburgh Glass Works, LLC (PGW), a leading North American manufacturer, supplier and distributor of automotive glass products. Franklin Square and GSO...
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December 23, 2015, 07:52 AM
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Victory Park Capital, an asset management firm focused on middle-market debt and equity investments, provided a credit facility to help finance the acquisition of Saran Industries, LP by Titan Equity Partners, LLC. Saran provides industrial finishing...
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December 18, 2015, 07:56 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on a $31.4 million unitranche credit facility to support the recapitalization of Worldwise, Inc. and ongoing innovation and product development, as well as future...
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December 03, 2015, 07:56 AM
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was administrative agent, joint lead arranger and joint lead bookrunner for $35 million in senior credit facilities to support the...
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November 16, 2015, 08:03 AM
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King Trade Capital announced a new $500,000 production finance facility provided to a California based government contractor. The contractor is a manufacturer of armor protection solutions for the U.S. government. The finance facility represents...
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November 12, 2015, 07:15 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc. announced today that it has provided a $15 million credit facility to Atlas Group (“Atlas” or the “Company”).
Headquartered in Wichita, KS, Atlas specializes in complex...
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November 04, 2015, 07:27 AM
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LBC Credit Partners ("LBC"), a leading provider of financing solutions to middle market companies, provided a secured mezzanine loan to support the acquisition of Techniks Industries ("Techniks") by Audax Private Equity ("Audax P.E.") in partnership...
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November 04, 2015, 07:06 AM
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CapitalSouth SBIC Fund IV, L.P. announced it recently invested $5.8 million in Stadium Consolidation, LLC in a combination of subordinated debt and preferred equity.Headquartered in Minneapolis, MN, Staging Concepts is a manufacturer of staging and...
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October 30, 2015, 07:18 AM
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Marquette Business Credit and Hana Financial, Inc. closed on a $10.5 million credit facility to Tuscarora Yarns. The secured facility consists of a $7.5MM revolving line of credit and a $3MM equipment term loan. Marquette Business Credit is pleased...
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October 29, 2015, 07:51 AM
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MidCap Business Credit announced it has completed a $6.25 million asset-based credit facility to Faria Beede Instruments, Inc. headquartered in Uncasville, CT. The credit facility is comprised of a $5.85 million revolving line of credit and a $400...
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October 21, 2015, 07:53 AM
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Versa Capital Management, a private equity firm focused on control investments in special situations, announced today that its portfolio company Bell and Howell, LLC has secured a $25 million revolving ABL credit facility from Bank of America, N.A....
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October 15, 2015, 08:04 AM
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MB Business Capital recently provided a new senior credit facility to Cumberland, Wisconsin-based Ardisam, Inc. and its related companies. Ardisam is a manufacturer, importer and wholesaler of various outdoor seasonal products in the lawn and garden...
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October 15, 2015, 07:52 AM
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Supremex Inc., Canada's largest manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products, entered into a five-year committed $50 million senior secured revolving facility...
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October 08, 2015, 07:22 AM
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The PrivateBank announced it has extended a $12.5 million credit facility to the Gleason Group of Companies. Headquartered in Los Angeles, Calif., the Gleason Group produces sewn goods, hand trucks, trailer carts and various other lawn and garden...
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October 01, 2015, 07:29 AM
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US Capital Partners Inc. has advised on a $6.5 million intellectual property term loan for CAO Group, Inc. (“CAO”), based in West Jordan, UT. US Capital Partners is a private investment bank that makes direct debt investments, participates in debt...
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September 30, 2015, 07:53 AM
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A lighting systems manufacturer based in California has chosen TAB Bank for a $1 million revolving credit facility. The facility is based on accounts receivable and also contains an inventory component. In addition to the credit facility, the...
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September 30, 2015, 07:26 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced it has provided a $16million revolving credit facility to East West Copolymer, LLC. Headquartered in Baton Rouge, Louisiana, East West produces synthetic rubber...
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September 22, 2015, 07:43 AM
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First Niagara Financial Group announced that it closed on a $20 million credit facility with Crosman Corporation, a world leader in the design and manufacture of air rifles for hunting, recreation and competitive shooting. The deal includes a...
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September 04, 2015, 07:45 AM
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PTC Group Holdings Corp., a leading manufacturer of welded and DOM steel tubing and related products announced that it has finalized an agreement with JPMorgan Chase, under which Chase will provide a $65 million secured loan facility. In addition...
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September 04, 2015, 07:32 AM
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BMO Harris Bank’s Asset Based Lending group, a leading provider of middle-market asset-based finance solutions, announced it acted as solelender for a $30 million senior secured revolving credit facility to support Wynnchurch Capital’s acquisition of...
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August 28, 2015, 08:01 AM
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Veritas Financial Partners has closed a $4 million financing to support a private equity firm’s recapitalization of a manufacturer and installer of large format lighting systems. Veritas’s financing will help the company execute on upcoming...
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August 28, 2015, 07:48 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc. announced today that it has provided a $10.5 million credit facility to a manufacturer of nonlethal tactical munitions and crowd control devices with operations located in...
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August 25, 2015, 07:32 AM
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TCF Capital Funding (TCFCF), the Chicago-based cash flow and asset-based lending division of TCF National Bank, announced that it provided $20.5 million of secured financing to support the acquisition of Superwinch Holding LLC (“Superwinch” or the...
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August 24, 2015, 08:03 AM
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GE Capital Commercial Distribution Finance (CDF) announced that it has been selected by Bush Hog, Inc., a leading North American manufacturer of rotary cutters, to provide financing solutions to its U.S. dealer network. CDF will provide Bush Hog...
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August 20, 2015, 07:58 AM
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GE Capital Commercial Distribution Finance (CDF) announced that it has extended its inventory financing agreement with Wright Manufacturing, Inc., a producer of commercial lawn mowers. The financing will be used for its network of dealers and...
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August 19, 2015, 08:01 AM
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Ares Commercial Finance has funded a $5.5 million senior secured revolving line of credit to Fouts Bros. Inc. and Subsidiaries. The facility refinanced the company’s existing line of credit, and will be used for ongoing working capital. Founded in...
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August 18, 2015, 07:48 AM
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Ares Commercial Finance has funded a $28 million senior secured credit facility consisting of a $25 million revolving line of credit and a $3 million term loan to Innovative Hearth Products LLC (“IHP”), a company majority-owned by an affiliate of...
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August 17, 2015, 07:54 AM
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TCF Capital Funding announced that it provided $9.5 million of secured financing to support the recapitalization of Hydro Operating, LLC d/b/a Hydro Engineering. Headquartered in Norwood Young America, MN, Hydro Engineering is a manufacturer of...
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August 14, 2015, 07:49 AM
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Victory Park Capital (VPC), an asset management firm focused on middle-market debt and equity investments, announced its SBIC Fund has provided a senior credit facility to help finance the acquisition of GLE Precision, LLC. GLE is a precision...
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August 14, 2015, 07:33 AM
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CIT Group announced that it provided a $165.5 million senior secured credit facility to The Jordan Company, a middle market private equity firm, to support its acquisition of DiversiTech, a manufacturer and distributor of a wide range of engineered...
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August 10, 2015, 08:25 AM
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NXT Capital announced that it has provided a senior secured credit facility to support the refinancing of Sunvair Aerospace Group, Inc., a portfolio company of Blue Sea Capital. The transaction also included Sunvair’s acquisition of Aviation...
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August 07, 2015, 08:06 AM
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Horizon Technology Finance, a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services and cleantech industries...
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Turtle Beach Corporation, a leading-edge audio technology company and #1 in gaming audio, announced the successful completion of a new $15 million term loan and amendments to its existing subordinated notes, $13.8 million of which will remain...
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LBC Credit Partners provided a senior secured term loan to support the recapitalization and investment in Pride Family Brands by New Water Capital Partners. LBC Credit Partners served as agent for the senior secured term loan facility.Headquartered...
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Golub Capital announced that as administrative agent, sole lead arranger and sole bookrunner, it provided a $515 million GOLD financing to support the recapitalization of Data Device Corporation, a portfolio company of Behrman Capital. GOLD...
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KPS Capital Partners announced its portfolio company American & Efird Global (A&E) has completed a successful recapitalization. A&E raised approximately $275 million of financing, including a $65 million cash flow revolving credit facility and an...
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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 Fort Worth, TX based Anchor Fabrication, LLC. Anchor Fabrication is a full service metal fabrication business that...
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Live Ventures Inc., a wholly-owned subsidiary of Live Deal Inc., announced the closing of its first acquisition based on its strategy to acquire diversified and profitable companies: Georgia-based Marquis Industries, Inc., a specialty...
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a unitranche credit facility to support the acquisition of Cali Bamboo LLC by private equity sponsor, High Road Capital Partners. Cali Bamboo is a...
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $24 million senior credit facility to Holden, Louisiana based Ferrara Fire Apparatus, Inc. (Ferrara). Ferrara is a custom designer and manufacturer of...
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Renasant Business Credit announced the closing of a $5.5 million asset-based revolving line of credit for a Southeastern-based company engaged in manufacturing and wholesaling a diverse array of plastic related consumer-oriented products. The...
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PNC Bank Canada Branch, the Canadian branch of PNC Bank, N.A., announced the closing of a $30 million CAD asset-based revolver for Gracious Living Corporation. Based in Woodbridge, Ontario, the company will use the funds to refinance consolidated...
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Franklin Square Capital Partner announced the origination of a $150 million first lien secured term loan to Latham Pool Products, Inc., the largest manufacturer of in-ground residential swimming pools and components in North America. Latham is a...
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Garrison Investment Group announced the funding of a $21.0 million term loan credit facility, in conjunction with a $10.0 million asset-based revolving credit facility provided by Wells Fargo Capital Finance, to ProFusion Industries, a leading...
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Alliance Laundry Holdings has completed a new $400 million asset-backed finance facility supporting its business operations in North America and select European markets.Mike Schoeb, Alliance Laundry president and CEO stated, "Financing is a key...
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Ducommun Incorporated entered into a new $475 million credit agreement – consisting of a $200 million revolving credit facility and a $275 million term loan facility – to replace its existing debt structure. In connection with the transaction, the...
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B. Riley & Co. served as the exclusive financial advisor to Black Diamond Video, Inc. in its sale to STERIS Corporation, a leader in infection prevention, contamination control, surgical and critical care technologies."B. Riley's wealth of knowledge...
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GE Capital, Commercial Distribution Finance (CDF) announced a multi-year extension of its strategic inventory financing program in the U.S. with Schiller Grounds Care. Schiller, a manufacturer of landscaping, turf and grounds equipment, distributes...
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MB Business Capital announced it recently provided a new $6.45 million senior credit facility to Valencia, California-based True Position Technologies (TPT). TPT is a leading manufacturer of precision-machined parts and sub-component assemblies for...
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was administrative agent and joint lead arranger for senior credit facilities to Ring & Pinion Service Inc., a Linsalata Capital...
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Bank of America Business Capital recently closed a $200 million asset-based revolving credit facility for Exide Technologies. Exide is a leading producer, distributor and recycler of lead-acid batteries used in transportation, motive power, network...
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Wabash National Corporation announced that it has completed an amendment to its credit agreement with a group of lenders that provides the company’s $150.0 million, asset-based, revolving credit facility. Among other things, the amendment will i)...
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Siena Lending Group, in conjunction with North Mill Capital, announced the completion of a three-year $25 million asset-based revolving credit facility for D&M Holdings US, Inc. and D&M Canada, Inc., to support their growth and seasonal working...
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new senior credit facility to Tracy, California-based Barbosa Cabinets, Inc. The company is a manufacturer of cabinets and countertops for large builders of...
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was sole lead arranger, sole bookrunner and is administrative agent for new senior secured credit facilities to Profile Products...
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle market leveraged finance solutions, announced it was administrative agent and joint lead arranger for the first lien credit facilities to DiversiTech Corporation, a Jordan Company...
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The VMC Group (“VMC”), a world leader in innovative shock, seismic, vibration and engineering services, today announced a $32 million minority recapitalization for purposes of refinancing its existing senior and junior debt, and preferred equity...
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $25 million unitranche credit facility to support the future growth of Cyalume Technology Holdings, Inc. (“Cyalume”). “We are pleased to announce...
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Ares Commercial Finance has funded a $12 million senior secured credit facility consisting of an $8 million revolving line of credit and a $4 million machinery and equipment term loan to Jersey Precast LLC. The facility refinanced the company’s...
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Amherst Partners announced the sale of Precision Aero Corporation to H-D Advanced Manufacturing Company. Amherst acted as the exclusive financial advisor to Precision Aero in connection with the transaction. Precision Aero, based in Troy, Ohio, is a...
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Intrepid Investment Bankers (Intrepid), a leading middle-market investment bank, served as exclusive financial adviser to PreSonus Audio Electronics, Inc. (PreSonus) on its debt capital raise led by Presidential Financial. A leading brand with a...
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Golub Capital announced that as sole bookrunner and solelead arranger, it provided $355 million of credit facilities consisting of an asset-based revolving credit facility and GOLD facility to support the refinancing of Plano Synergy Holdings, an...
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Monroe Capital LLC announced the funding of a subordinated debt facility to support the acquisition of the Lineage Capital, LLC stake in Mud Pie, LLC. The debt recapitalization returns Mud Pie to 100% family ownership and provides the resources and...
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Metaldyne Performance Group Inc., a leading provider of highly-engineered components for use in powertrain and safety-critical platforms for the global light, commercial and industrial vehicle markets, announced the completion of a refinancing...
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Bank of the West announced the publication of "Made Here: The Business Outlook for U.S. Manufacturing," a paper by the Bank's Chief Economist Dr. Scott Anderson, which highlights the bright economic outlook for small to midsized U.S. manufacturers...
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Lincoln International, a global mid-market investment bank, announced the successful completion of a financing for FKI Security Group, LLC ("FireKing"), a portfolio company of Pfingsten Partners, L.L.C. FireKing is a manufacturer of security, safety...
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MB Business Capital recently provided a new senior credit facility to Chicago, Illinois-based BCDVideo. The company is a global manufacturer of video surveillance storage solutions. BCDVideo is Hewlett Packard’s global OEM Partner for IP video...
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Exide Technologies, a global leader in stored electrical-energy solutions, announced that its Plan of Reorganization became effective today and that the company has emerged from Chapter 11 as a newly reorganized company. As previously announced, the...
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B. Riley & Co. has completed a $12 million convertible note financing for Sequans Communications S.A., acting as exclusive financial advisor in the transaction. Sequans intends to use the proceeds from the offering for general corporate purposes.The...
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Summer Infant, Inc. announced that it has completed a restructuring of its debt to include a $60 million revolving credit facility, a $5 million "first in last out" (FILO) facility and $10 million term loan facility, replacing the $80 million...
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Aehr Test Systems, a worldwide supplier of semiconductor test and burn-in equipment, has completed a convertible debt financing with strategic investor QVT Financial LP consisting of a $4.1 million convertible note and a $2 million line of credit.The...
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Lakeland Industries, Inc. announced an amendment to its senior revolving credit facility with AloStar Bank of Commerce. The amended terms include a 200 basis point reduction in interest rate with a new floor lowered to 4.25% and a term extension by...
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Gordon Brothers Finance Company (GBFC) has completed a €10.5 million Term Loan to Tvilum APS (Tvilum). Tvilum is one of the world’s largest manufacturers of self-assembly, flat-packed furniture. Tvilums’ products are sold to customers in over 20...
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Harsco Corporation has successfully entered into an amendment of its five-year credit agreement from 2012 that increases the company's access to funds and, after completing the refinancing of the Company's October 2015 Senior Notes, will extend the...
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TCF Capital Funding ("TCFCF"), the Chicago-based cash flow and asset-based lending division of TCF National Bank, announced that it provided an $8 million facility to support Mangrove Equity Partners’ investment in ReadyLIFT Suspension, Inc., a...
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GE Antares is serving as administrative agent on a senior secured credit facility to support the acquisition of Phillips and Temro Industries (PTI) by Harbour Group. GE Capital Markets served as joint lead arranger and joint bookrunner on this...
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Skyline Corporation announced that the company and certain of its wholly-owned subsidiaries have entered into a Loan and Security Agreement with First Business Capital Corp. providing for a renewable three-year secured revolving credit facility. ...
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Wabash National Corporation has closed on a new, $192.8 million Senior Secured Term Facility with a maturity in March, 2022. The proceeds from the new facility have been used to repay in full the outstanding balance on the Company's previous Senior...
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced that it has provided a revolving credit facility to Chinada Industries, Inc.Headquartered in Ontario, Canada, Chinada designs, sources and distributes heavy duty...
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Wabash National Corporation announced it will launch a process intended to secure a new, $192.8 million Senior Secured Term Facility with an expected maturity in 2022, and the expected inclusion of other terms and conditions similar to the Company's...
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Sabre Industries, Inc. and FWT, LLC have completed a strategic business combination. Based in Alvarado, Texas, Sabre is a leading producer of highly engineered structures used for electricity transmission and distribution and wireless...
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Caraustar Industries, Inc., a portfolio company of H.I.G. Middle Market, the dedicated middle-market investment affiliate of H.I.G. Capital, has completed the acquisition of The Newark Group, Inc. Financing for the transaction was provided by Credit...
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February 20, 2015, 07:47 AM
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was sole lead arranger, sole bookrunner and administrative agent for $70 million in senior credit facilities to California Products...
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February 17, 2015, 07:19 AM
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MB Business Capital announced it recently provided a new $5.8 million senior credit facility to Winter Park, Florida, based Accord industries, LLC. Founded in 1972, Accord manufactures PVC piping for a variety of applications, including agriculture...
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January 30, 2015, 08:07 AM
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The business outlook improved notably among U.S. industrial manufacturers during the fourth quarter of 2014, according to the Q4 2014 Manufacturing Barometer, released by PwC US. A wide range of key indicators posted improvement during the fourth...
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January 26, 2015, 07:29 AM
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NXT Capital announced that it has provided a $96 million senior secured credit facility to support the refinancing of BlackHawk Industrial, a portfolio company of Brazos Private Equity Partners. The transaction also included BlackHawk Industrial’s...
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January 20, 2015, 07:53 AM
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Invacare Corporation announced the completion of a new revolving credit and security agreement establishing a $100 million asset-based lending (ABL) senior secured credit facility maturing in January 2018. The new credit facility replaces the...
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January 19, 2015, 08:03 AM
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The recent robust manufacturing performance should continue in the near-term despite marginal declines in some indicators, according to the quarterly MAPI Foundation Business Outlook, a survey conducted by the MAPI Foundation, the research affiliate...
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January 19, 2015, 07:23 AM
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Garrison Investment Group announced the funding of a $40 million term loan credit facility, in conjunction with a $35 million J.P. Morgan Chase asset-based revolving credit facility, to A.S.V., Inc. (“A.S.V.”). A.S.V. is a premier manufacturer of...
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January 14, 2015, 07:48 AM
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LBC Credit Partners ("LBC"), a leading provider of financing solutions to middle-market companies, agented senior secured credit facilities totaling $83.0 million to support the recapitalization of C&K Components, Inc., a portfolio company of...
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January 14, 2015, 07:27 AM
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NXT Capital has provided a $130 million senior secured facility to refinance Resource Label Group, LLC and fund its add-on acquisition of A1 Label, Inc. Resource Label Group is a portfolio company of First Atlantic Capital. NXT Capital was the joint...
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January 13, 2015, 07:39 AM
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was syndication agent, joint lead arranger, and joint bookrunner for $130 million in senior credit facilities to Resource Label...
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January 09, 2015, 08:04 AM
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GE Capital, Corporate Finance announced it is serving as administrative agent on a $600 million revolving credit facility for Axiall Corporation. The new, larger facility will be used for general working capital and to support the company’s ongoing...
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January 09, 2015, 07:45 AM
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PNC Bank, N.A., a member of The PNC Financial Services Group, Inc. announced the closing of a $26.5 million financing facility for MAYCO Industries, Inc. The facility consisted of a $17 million asset-based revolver, a $9.5 million term loan and...
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January 06, 2015, 07:19 AM
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Job gains and business investment are the two lead drivers keeping manufacturing on a solid growth path, according to the MAPI Foundation's U.S. Industrial Outlook, a quarterly report that analyzes 27 major industries. The MAPI Foundation is the...
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December 23, 2014, 07:03 AM
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Victory Park Capital, an asset management firm focused on middle market debt and equity investments, announced it has provided a credit facility to help finance the acquisition of Saran Industries, LP by Titan Equity Partners, LLC. Saran provides...
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December 18, 2014, 07:37 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced it has provided a $13.5 million revolving credit facility to Asheboro Elastics Corp. (“AEC”). Headquartered in Asheboro, NC, AEC is a privately-held...
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December 17, 2014, 07:59 AM
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Finacity Corporation has facilitated the successful increase of an existing trade receivables securitization for The Manitowoc Company, Inc. The $185 million transaction now incorporates two new divisions. Wells Fargo Bank provided funding for the...
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December 17, 2014, 07:42 AM
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Babson Capital Management, a leading global asset management firm with more than $206 billion in assets under management, announced it provided a senior secured credit facility to support the acquisition of PPC Industries Inc. by affiliates of...
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December 17, 2014, 07:26 AM
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Marquette Business Credit, Inc. recently provided a $5 million credit facility to finance Texas Contract Manufacturing Group's ("TCMG") acquisition and consolidation of two high-end, specialty contract manufacturers in Texas and Nevada. TCMG is a...
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December 17, 2014, 07:19 AM
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Siena Lending Group LLC announces the completion of a three-year $25 million asset-based revolving credit facility for Universal Lubricants, LLC, a portfolio company of Pegasus Capital Advisors. Universal Lubricants, LLC will utilize the facility to...
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December 15, 2014, 09:03 AM
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KPS Capital Partners announced that its portfolio company Electrical Components International, Inc. (ECI) has entered into a definitive agreement to acquire Global Harness Systems, Inc. (GHS). Financial terms of the transaction were not disclosed....
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December 11, 2014, 07:17 AM
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Monroe Credit Advisors placed a $23 million senior secured credit facility for Skyline Windows, LLC, a Merit Capital Partners portfolio company. Skyline is a leading manufacturer and installer of high quality aluminum windows and window systems...
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December 10, 2014, 08:00 AM
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Bridge Capital Holdings has provided Hunter Technology, a leading provider of electronic design and manufacturing services for defense/aerospace, networking/telecom, and medical customers, with $8 million in financing in the form of a line of credit...
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December 05, 2014, 07:27 AM
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Garrison Investment Group announced the funding of a $60 million term loan credit facility, in conjunction with a $100 million ABL revolving credit facility provded by Wells Fargo Capital Finance to PCCR USA, Inc. PCCR is a wholly owned subsidiary of...
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December 04, 2014, 07:37 AM
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Mueller Water Products, Inc. announced that it has successfully refinanced its long-term debt and reduced its total debt outstanding.As part of the refinancing transactions, the company has entered into a new $500 million senior secured term loan...
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November 26, 2014, 07:11 AM
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TCF Capital Funding, the Chicago-based cash flow and asset-based lending division of TCF National Bank, announced that it provided $24 million of secured financing to support Prairie Capital’s investment in a designer and manufacturer of home décor...
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November 19, 2014, 07:38 AM
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Intertape Polymer Group Inc. announced a new five-year $300 million revolving credit facility pursuant to a credit agreement with a syndicated lending group led by Wells Fargo Bank, National Association, as Administrative Agent, and Bank of America...
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November 19, 2014, 07:01 AM
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Renasant Business Credit announced the closing of a $4 million asset-based revolving line of credit for a steel pipe fabricator and distributor based in Georgia.The company was looking for a banking relationship and Renasant was able to provide the...
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November 17, 2014, 07:12 AM
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Patrick Industries, Inc. has completed the acquisition of the business and certain assets of Bremen, Indiana-based Charleston Corporation ("Charleston"). Charleston is a manufacturer of fiberglass and plastic components primarily used in the...
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November 11, 2014, 07:33 AM
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GE Antares, a unit of GE Capital, announced it is serving as administrative agent on a senior secured credit facility to support the acquisition of Grakon Holdings, LLC by Industrial Growth Partners. GE Capital Markets served as lead arranger and...
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November 11, 2014, 07:13 AM
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TCF Capital Funding (TCFCF), the Chicago-based cash flow and asset-based lending division of TCF National Bank, announced that it provided $18.5 million of secured financing to support the refinance of Rostra Precision Controls, Inc. (“Rostra” or the...
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November 10, 2014, 07:49 AM
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GE Antares is serving as administrative agent on a $160 million senior secured credit facility to support the acquisition of PPC Industries, Inc. by Kohlberg & Company. GE Capital Markets served as lead arranger and bookrunner on this facility.PPC...
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November 10, 2014, 07:38 AM
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Industrial Opportunity Partners (“IOP”) has acquired Vita Nonwovens, LLC, a technical nonwoven solutions provider that serves the bedding, automotive, building products and medical segments. Terms of the transaction were not disclosed. PNC Business...
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November 07, 2014, 07:41 AM
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CapX Partners closed on a $2.25 million secured term loan to the Arro Corporation to fulfill the company's goal of meeting short-term capital growth needs.Arro specializes in processing, contract manufacturing, logistics and warehouse services....
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November 07, 2014, 07:16 AM
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GE Capital Canada provided an $8.8 million senior secured credit facility to DBG Canada Ltd., commonly known as DBG Metal Manufacturing, a leading manufacturer of heavy duty truck parts. DBG will use the proceeds to refinance an existing term loan...
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November 06, 2014, 07:38 AM
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle market leveraged finance solutions, announced it was sole lead arranger, sole bookrunner and administrative agent for $124 million in senior credit facilities to Comar, a Graham...
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November 03, 2014, 07:17 AM
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TCF Capital Funding (TCFCF) provided $21 million of secured financing to support the acquisition of Thermacell Repellents by New York-based private equity firm, Kinderhook Industries. Thermacell is the developer and manufacturer of the world’s most...
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November 03, 2014, 07:08 AM
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BMO Harris Bank’s Sponsor Finance group announced it is administrative agent, sole lead arranger and sole bookrunner for $65.4 million in senior credit facilities to Bloomer Plastics, Inc., a Huron Capital Partners portfolio company.Bloomer Plastics...
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October 28, 2014, 07:38 AM
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Sensient Technologies Corporation has completed a new $450 million revolving credit facility, with nine banks participating in the transaction. The facility, comprised of a five year, $350 million revolver and a $100 million term loan will be used to...
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October 27, 2014, 07:42 AM
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Bank of America Business Capital has provided a $20 million senior secured revolving credit facility for ShelterLogic LLC. Proceeds from this loan will be used to support the company’s new distribution facility on the West Coast and provide on-going...
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October 23, 2014, 07:47 AM
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Marquette Business Credit, Inc. is pleased to announce it recently funded a $5 million revolving line of credit and capital expenditure loan facility to Premier Specialty Brands, LLC. Premier Specialty Brands, LLC, located in Duluth, Georgia and...
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October 22, 2014, 07:25 AM
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BMO Harris Bank’s Asset Based Lending group, a leading provider of middle-market asset based finance solutions, announced it acted as sole revolving lender of a $25 million senior secured revolving credit facility in support of Imperial Plastics, Inc...
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October 17, 2014, 07:51 AM
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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 $16 million of secured financing to support the refinancing of Spell Capital portfolio company...
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October 13, 2014, 08:06 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced today that it has provided a $10 million revolving credit facility to Climax Manufacturing Co. (“Climax”). Located in Lowville, NY, Climax is a leading...
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October 08, 2014, 07:29 AM
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BMO Harris Bank’s Asset Based Lending group, a leading provider of middle market asset based finance solutions, announced it acted as Sole Arranger and Administrative Agent for a $110 million senior secured revolving credit facility to Ariens...
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October 07, 2014, 07:48 AM
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ORBCOMM Inc. has entered into a multi-facility credit agreement providing up to $160 million with Macquarie Group (Macquarie). As part of the credit agreement, ORBCOMM will have access to a $70 million initial term loan facility, a revolving credit...
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October 07, 2014, 07:31 AM
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BMO Harris Bank’s Asset Based Lending group, a leading provider of middle-market asset based finance solutions, announced it acted as sole lender for a $25 million senior secured revolving credit facility to MFRI, Inc. MFRI, Inc. designs...
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October 03, 2014, 07:23 AM
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Marquette Business Credit, Inc. recently funded a $5 million credit facility consisting of a working capital line of credit, equipment term loan and real estate term loan to Concrete Related Products, LLC ("CRP"). Headquartered in Cleburne, Texas...
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September 30, 2014, 07:11 AM
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Sparton Corporation announced that the company and certain wholly-owned subsidiaries entered into an Amended and Restated Credit and Guaranty Agreement and Security Agreement, dated September 11, 2014, with BMO Harris Bank N.A., US Bank National...
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September 17, 2014, 08:02 AM
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Stoneridge, Inc. entered into a new $300.0 million senior secured revolving credit facility that replaces the company's asset-based facility and will be used to redeem the remaining $157.5 million of its outstanding Senior Secured 9.5% Notes (the...
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September 16, 2014, 07:13 AM
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Siena Lending Group LLC announced the completion of a $15.0 million revolving credit facility for Pacific Steel Casting Company, LLC (“Pacific”). The facility was used to fund the acquisition of Pacific Steel Casting Company by Speyside Equity out of...
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September 15, 2014, 07:38 AM
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Bank of America Merrill Lynch has agented and arranged a $125 million senior secured revolving credit facility for Brake Parts Inc LLC (“BPI”). In addition, Bank of America Merrill Lynch has arranged a $30 million senior term loan for BPI via a...
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September 11, 2014, 07:04 AM
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EnPro Industries, Inc. has amended and restated its senior secured revolving credit facility to provide for a five-year, senior secured revolving credit facility of $300.0 million (the “Revolving Credit Facility”). Borrowing availability under the...
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August 29, 2014, 07:46 AM
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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 a $275 million senior credit facilities to EP Minerals, LLC...
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August 26, 2014, 07:33 AM
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Bank of America Business Capital announced it has led a $22.1 MM asset-based revolving credit facility to support the acquisition of Hansen Corporation by ElectroCraft. The acquisition of Hansen Corporation, combined with the substantial ElectroCraft...
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August 22, 2014, 07:52 AM
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Republic Business Credit announced that it has supported a Mid-Atlantic based business with a $3.5 million asset based facility encompassing accounts receivable and inventory. The long established business had been going through a restructuring...
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August 15, 2014, 07:23 AM
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CIT Group Inc. provided a $25 million senior secured credit facility to the Transilwrap Company, a leading manufacturer, converter and distributor of plastic film used in printing, laminating, packaging and industrial applications, to acquire MetPro...
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August 14, 2014, 07:27 AM
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Penford Corporation closed on new $170 million credit facilities on August 1, 2014, replacing the company’s prior revolving credit agreement. The facilities consist of a $145 million 5-year revolving credit agreement and a $25 million 6-year delayed...
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August 04, 2014, 07:46 AM
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Nautic Partners, LLC has partnered with management to acquire Custom Window Systems, Inc. Custom is a leading designer and manufacturer of impact resistant and non-impact windows, doors, and porch enclosures, serving customers in Florida and across...
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August 04, 2014, 07:20 AM
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EveryWare Global, Inc. has amended its Term Loan Agreement and ABL Facility. The company also announced that it entered into a Securities Purchase Agreement with Monomoy Capital Partners ("Monomoy"), whereby Monomoy agreed to invest $20 million in...
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Cole Taylor Business Capital, a division of Cole Taylor Bank, provided a $14,175,000 senior credit facility to Hollywood, Alabama based Great Western Co., LLC. The facility was used to refinance Great Western’s existing senior and junior debt, which...
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GE Antares, a unit of GE Capital, served as administrative agent on a $555 million senior secured credit facility to support the acquisition of Duro Bag Manufacturing Company by Hilex Poly Company , a portfolio company of Wind Point Partners. GE...
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Deloitte Corporate Finance LLC ("DCF") acted as financial advisor to Precision Hydraulic Cylinders Inc. ("PHC" or the "Company"), a Beulaville, North Carolina-based portfolio company of BB&T Capital Partners, Inc. ("BBTCP"), in its sale to Austin...
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Golub Capital said that as joint lead arranger, joint bookrunner and administrative agent, it provided a $330 million senior credit facility to support the refinancing of ILC Industries, LLC, a portfolio company of Behrman Capital.ILC Industries is...
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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 a $17 million secured financing to support the acquisition of Owen Equipment (“Owen” or the...
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was sole lead arranger, sole bookrunner and is administrative agent for $69.3 million in senior credit facilities to SP Lab...
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EnerSys announced the amendment to its senior secured credit facility and an increase in the credit facility size to $650 million.The amended credit facility was increased by $300 million to $650 million and is comprised of a $500 million revolving...
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PNC Bank, N.A., a member of The PNC Financial Services Group, announced the closing of a $64 million asset-based loan for Fiberon. The transaction consisted of a $50 million asset-based revolver and a $14 million term loan. Based in New London, North...
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MidCap Business Credit announced that it has completed a $2 million asset-based credit facility to J-PAC, LLC, headquartered in Somersworth, NH. The asset-based credit facility is comprised of a working capital revolver and a machinery and equipment...
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Watsco, Inc. has refinanced its existing unsecured revolving credit agreement led by JPMorgan Chase Bank as Administrative Agent, Bank of America and Wells Fargo Bank as Co-Syndication Agents and U.S. Bank National Association as Documentation...
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First Capital, a specialized commercial finance company, announced that it has provided $22.5 million asset-based senior credit facility to a manufacturer of illumination products. The senior credit facility consists of a $22.5 million working...
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NBH Capital Finance provides financing to support Rosewood Private Investments' acquisition of MultiCam Holding Company, Inc. MultiCam is a Dallas, Texas based designer and manufacturer of CNC machine cutting solutions. MultiCam has a global...
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Deloitte Corporate Finance LLC announced its role as the exclusive financial advisor to AirBorn, Inc. (“AirBorn” or the “Company”) in securing financing from Goldman Sachs Specialty Lending Group. AirBorn engaged DCF to assist in raising capital to...
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GenCorp Inc. announced that it entered into an amended and restated $300 million credit facility. The new credit facility amends and restates the Company's prior credit agreement and, (i) extends the maturity date to May 30, 2019 (which date may be...
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TCF Capital Funding, the Chicago-based cash flow and asset-based lending division of TCF National Bank (“TCF Bank”), announced that it provided a $10 million secured financing to support the acquisition of Innovative Office Products (“IOP” or the...
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced that it has provided senior credit facilities totaling $10 million to Frette North America, Inc. (“Frette”). Founded in 1860 in Milan, Italy and now...
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Monroe Capital LLC announced the funding of a $23 million unitranche credit facility to support the growth of an industrial ceramics manufacturing company. Based in the Midwest, the company is a leading provider of products and services used in the...
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Trinity Capital Investment (Trinity) and CapX Partners (CapX) announced their recent collaboration and closing of a $20 million venture debt loan to meet the existing and future debt financing needs of Aquion Energy, Inc. (Aquion), an early stage...
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GB Credit Partners, LLC, the investment management affiliate of Gordon Brothers Group, LLC, announced that it has entered into a €6 million ($8.3 million) financing transaction with Ideal Standard International SA, one of the world’s leading...
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Cole Taylor Business Capital announced it recently provided a $10 million senior revolving credit facility to Portage, Wisconsin based Trienda Holdings, LLC. The company is an industrial plastics manufacturer of single and twin sheet plastic...
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GE Antares, a unit of GE Capital, is serving as administrative agent on a $166 million multi-currency, cross-border credit facility to support the acquisition of Luminator Technology Group, LLC by Audax Group. GE Capital Markets served as joint lead...
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AloStar Business Credit has provided a $15 million senior secured revolver and a $2 million equipment term loan to Southwest Oilfield Products (“Southwest”), a manufacturer of mud pump solutions and premium well servicing equipment. The company’s...
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Siena Lending Group announced the completion of a $8.5 million debtor-in-possession revolving credit facility for Pacific Steel Casting Company. The facility will be used to repay the existing lender and for working capital needs as the sale of the...
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First Capital, a national commercial finance company, announced it has provided a $5.8 million asset-based credit facility to Prototype Productions, Inc., a manufacturer of precision metal products and electronic equipment and provider of aerospace...
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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 a $12 million secured financing to support the acquisition of Freedom Electronics by Range Light...
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SMTC Corporation, a global electronics manufacturing services provider, today announced the signing of the Sixth Amendment to its Revolving Credit and Security Agreement effective April 7, 2014.On April 7, 2014, SMTC Corporation and certain of its...
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KPS Capital Partners, LP ("KPS") announced that, through a newly formed affiliate, it has entered into definitive agreements to acquire Electrical Components International, Inc. and its affiliates ("ECI" or the "Company"). Financial terms of the...
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Polypore International, Inc., a global high technology filtration company specializing in microporous membranes, announced that it has entered into a new senior secured credit agreement led by Bank of America Merrill Lynch and Wells Fargo Securities...
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Victory Park Capital (VPC), an asset management firm focused on middle-market debt and equity investments, and Surefire Industries USA, LLC announced that VPC has acquired substantially all of the assets of Surefire Industries USA. Based in Houston...
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BMO Harris Bank’s Asset-Based Lending group, a leading provider of middle market leveraged finance solutions, announced it was the sole lender for a $27 million senior secured revolving credit facility to Katy Industries, Inc., a Kohlberg & Company...
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On March 20, 2014, Ingersoll-Rand Global Holding Company Limited (the "Borrower"), Ingersoll-Rand plc ("IR Parent"), Ingersoll-Rand Company Limited ("IR Company Limited"), Ingersoll-Rand International Holding Limited ("IR International")...
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MidCap Business Credit announced it has completed a $7.5 million asset-based credit facility for KDH Defense Systems, a leading global manufacturer of body armor headquartered in Eden, NC. The credit facility consists of a revolving line of credit...
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Cole Taylor Business Capital, a division of Cole Taylor Bank, announced the funding of a $7 million senior debt facility to GAF Manufacturing, LLC (GAF). The company is based in Jefferson, Wisconsin and is a manufacturer and marketer of plastic drain...
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TAB Bank is pleased to announce it has provided a $3 million credit facility for a manufacturing company located in California. The company produces custom machined products for the semi-conductor, gas and oil, and aerospace industries. The new...
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Architectural Window is a nationally recognized leader in designing, engineering, manufacturing and installing custom designed windows for high-end renovations and new construction based in Rutherford, NJ. The Company's products are typically used in...
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NXT Capital announced that it has provided a $71 million senior secured facility to fund Oakley Capital Private Equity’s (“Oakley Capital”) acquisition of North Technology Group, LLC.
NXT Capital was the joint lead arranger, joint bookrunner and...
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Vicwest Inc. announced that it has negotiated a five year, $120 million revolving senior secured asset-based lending facility including a $25 million accordion feature, with a syndicate of lenders, co-led by Canadian Imperial Bank of Commerce...
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BMO Harris Bank’s Asset Based Lending group, a leading provider of middle-market asset based finance solutions, announced it acted as the sole lender for a $25 million senior secured revolving credit facility to MB Precision Company (“MB”), an...
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Lighting Science entered into a new $53 million credit facility agented by Medley Capital Corporation. Proceeds from the transaction will be used to refinance existing credit facilities and to provide funding for operations, which will allow the...
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February 26, 2014, 07:19 AM
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Cole Taylor Business Capital, a division of Cole Taylor Bank, announced it recently provided a $5 million senior revolving credit facility for Knoxville, Tennessee-based Marine Accessories Corporation (MAC). The revolving credit facility was provided...
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February 21, 2014, 07:49 AM
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LBC Credit Partners agented a $15 million second lien term loan to support the acquisition of Alliance Steel, Inc. The Company was acquired through Associated Steel Group, LLC (“ASG”), an entity formed for the purpose of consolidating the metal...
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February 20, 2014, 07:39 AM
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Park Electrochemical Corp. entered into a four-year revolving credit facility agreement with PNC Bank, National Association. This credit facility agreement provides for loans of up to $104 million to the Company and, subject to the terms and...
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February 13, 2014, 07:26 AM
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NewStar Business Credit has provided credit facilities totaling $11 million to Rainbow Play Systems, Inc. (“Rainbow”) and affiliated companies. Headquartered in Brookings, SD, Rainbow is a manufacturer of children’s wooden outdoor playscapes. The...
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February 12, 2014, 07:42 AM
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Monroe Capital LLC announced the funding of a senior secured credit facility to support the purchase of a controlling stake in Data Physics Corporation by Battery Ventures.
Based in San Jose, CA, Data Physics Corporation designs and manufactures...
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February 11, 2014, 07:34 AM
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White Oak Global Advisors, LLC, a leading provider of private debt financing to middle-market companies, announced the funding of a $25 million senior secured term loan to a technology developer and manufacturer of advanced transmission systems. The...
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February 05, 2014, 07:22 AM
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PNC Bank, N.A., a member of The PNC Financial Services Group, announced the closing of a $13.5 million asset-based loan for Legacy Cabinets. Based in Eastaboga, AL, the company is using the funds to refinance existing debt and provide ongoing working...
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February 05, 2014, 07:19 AM
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LBC Credit Partners (“LBC”) agented a $42.5 million senior secured term loan to support the recapitalization of Senco Brands, Inc. ("Senco" or “the Company”), a Wynnchurch Capital portfolio company. Proceeds from the transaction were used to finance...
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February 03, 2014, 07:59 AM
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CIT Group announced that it arranged a $160 million senior secured credit facility for The Jordan Company, a middle market private equity firm, to support its acquisition of Transilwrap Company, Inc., a leading manufacturer, converter and distributor...
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January 30, 2014, 07:10 AM
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GE Capital, Corporate Finance announced it is serving as agent and sole lender on a $70 million senior credit facility for Shop-Vac Corporation, a leading manufacturer of wet/dry vacuums. The credit facility will be used for working capital and...
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January 28, 2014, 07:35 AM
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With expectations that economic growth will continue in 2014, U.S. industrial manufacturers expressed optimism about the U.S. economy, and more importantly, toward the broader world economy, which has reached the highest level since the fourth...
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January 24, 2014, 07:03 AM
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Monroe Capital LLC announced the funding of a unitranche credit facility and equity co-investment to support the acquisition of Summit Container Corporation by 127 Summit Holdings LLC.Headquartered in Monument, CO, Summit is a niche-oriented, full...
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January 16, 2014, 07:52 AM
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Siena Lending Group announced the completion of a one-year $1.5 million senior secured revolving credit facility for Vinturi, Inc. The facility will be used to support Vinturi’s working capital and seasonal requirements. Headquartered in Carlsbad...
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January 15, 2014, 07:29 AM
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Madison Street Capital (MSC) acted as lead financial advisor to Vital Care Industries (Vital Care), a leading manufacturer and distributor of sterile operating room equipment drapes, super solidifier, sterilization packaging and sterile assurance...
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January 06, 2014, 07:55 AM
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NXT Capital announced that it has provided a $98 million senior secured facility to fund Tenex Capital Management’s acquisition of JPW Industries. NXT Capital was the joint lead arranger, sole bookrunner and administrative agent for this transaction...
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December 20, 2013, 07:26 AM
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Cole Taylor Business Capital, a division of Cole Taylor Bank, announced the funding of a $12.1 million senior debt facility in support of the acquisition of ATS Workholding, Inc. (“ATS”) by Grey Mountain Partners, a private equity firm based in...
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December 20, 2013, 07:08 AM
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle market leveraged finance solutions, announced it was joint lead arranger and joint bookrunner and is administrative agent for senior credit facilities to Latham Pool Products, Inc....
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December 19, 2013, 07:49 AM
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Monroe Capital announced the funding of a $50 million unitranche credit facility to support the acquisition of MSD Performance Group (“MSDP”) by Hot Rod Brands, LLC, an affiliate of Z Capital Partners L.L.C. Based in El Paso, Texas, MSDP is one of...
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December 18, 2013, 08:32 AM
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Cole Taylor Business Capital, a division of Cole Taylor Bank, recently announced the funding of a $10 million facility for SantoLubes Manufacturing, LLC and Envincio, LLC. SantoLubes, located in Spartanburg, South Carolina, is a manufacturer of...
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December 17, 2013, 07:34 AM
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Myers Industries, Inc. entered into a five-year, $200 million senior secured revolving credit facility with seven lending banks, replacing its previous senior credit facility that was scheduled to expire in November 2015. The senior credit facility...
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December 17, 2013, 07:26 AM
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Monroe Credit Advisors today announced that it placed $33.0 million of senior secured credit facilities for its client, Smith Mountain Industries, Inc., a portfolio company of private equity sponsor, Strength Capital Partners. The credit facilities...
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December 12, 2013, 08:04 AM
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Photronics, Inc., a worldwide leader in supplying innovative imaging technology solutions for the global electronics industry, has entered into a new five-year revolving credit facility with its existing lenders in the amount of $50 million, with an...
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December 06, 2013, 07:55 AM
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle market leveraged finance solutions, announced it was sole lead arranger, sole bookrunner and administrative agent for $45.0 million in senior credit facilities to California...
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December 06, 2013, 07:41 AM
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US Capital Partners has provided a $2 million accounts receivable line of credit for Tandon Digital, Inc., which owns SDJ Technologies, Inc. (“SDJ”), headquartered in Simi Valley, CA. US Capital Partners is a private investment bank that makes direct...
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December 04, 2013, 07:15 AM
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KPS Capital Partners announced the formation of a new company, Heritage Home Group, LLC, that has acquired substantially all of the assets of Furniture Brands International, Inc., a world leader in designing, manufacturing, sourcing and retailing...
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November 26, 2013, 08:04 AM
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Triumph Group, Inc. announced that it has raised $375 million by entering into a bank term loan with a maturity date of May, 2019 with its bank lending group, led by PNC Bank. Concurrently, the company amended its existing $1.0 billion revolving...
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November 20, 2013, 07:24 AM
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LBC Credit Partners, a leading provider of financing solutions to middle market companies, announced the completion of a senior secured term loan to Soundview Paper Mills LLC , an Atlas Holdings LLC portfolio company. LBC was the Administrative...
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November 19, 2013, 07:58 AM
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Sofame Technologies Inc., a leading manufacturer of environmentally efficient industrial water heaters and cost effective heat recovery systems for traditional boilers, has concluded a senior secured revolving credit facility agreement of up to $3...
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November 07, 2013, 07:07 AM
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NewStar Business Credit announced that it has provided a senior secured credit facility totaling $15 million to Dongbu Daewoo Electronics America, Inc (“Daewoo”), a wholly-owned subsidiary of Dongbu Daewoo Electronics Korea. Located in Doral, FL;...
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October 29, 2013, 07:57 AM
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Siena Lending Group announced the completion of a three-year $2.425 million senior secured credit facility for Southern Tier Pet Nutrition LLC on October 17, 2013. The facility will be used to support the company’s working capital and capital...
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October 25, 2013, 07:39 AM
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TriMas Corporation -- a diversified global manufacturer of engineered and applied products -- announced the closing of its new senior secured credit facilities consisting of a $575 million senior secured revolving credit facility and a $175 million...
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October 17, 2013, 07:43 AM
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Avidbank Corporate Finance, a division of Avidbank that specializes in technology and asset-based funding, has provided $5 million of financing to ICU Eyewear, Inc. of Berkeley, CA. The facilities will be used for working capital flexibility and...
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October 17, 2013, 07:26 AM
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GE Capital, Healthcare Financial Services announced it is serving as administrative agent on a $115 million senior secured credit facility for Medical Depot, Inc., doing business as Drive Medical. The financing is expandable to $165 million under its...
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October 09, 2013, 07:25 AM
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Monroe Capital announced the funding of a $78.5 million senior secured credit facility to support the buyout of Escort Inc., by New York City private equity sponsor Monomoy Capital Partners.Based in West Chester, Ohio, Escort Inc. offers a premium...
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October 08, 2013, 07:50 AM
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Rainbow Play Systems, Inc. announced the company has signed a new credit facility agreement with NewStar Business Credit, LLC. NewStar specializes in providing a range of senior secured debt financing options to mid-sized companies to fund working...
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October 07, 2013, 08:03 AM
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On October 4, 2013, Textron Inc. (“Textron”) entered into a senior unsecured revolving credit facility (the “Facility Agreement”) with JPMorgan Chase Bank, N.A., as administrative agent, Citibank, N.A. and Bank of America, N.A., as syndication agents...
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October 07, 2013, 07:23 AM
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Bank of America Business Capital announced it is leading a new $75 million credit facility for Steinway Musical Instruments, Inc. to support the company’s acquisition by Paulson & Co. Inc. and for working capital needs.Steinway is a global leader in...
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October 02, 2013, 07:49 AM
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Geospace Technologies Corporation amended its credit agreement with Frost Bank. Modifications to the Amended Credit Agreement include (i) an increase in available borrowings from $25 million to $50 million, (ii) an interest rate based on one-month...
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October 01, 2013, 07:28 AM
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Snap-on Incorporated entered into a five-year, $700 million multi-currency revolving credit facility that terminates on September 27, 2018 (the “New Facility”). This New Facility amends and restates Snap-on’s $500 million multi-currency revolving...
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October 01, 2013, 07:17 AM
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Cole Taylor Business Capital, a division of Cole Taylor Bank, recently announced the funding of a $10.9 million facility for Atlas Sign Holdings, Inc. of West Palm Beach, Florida. The company is a sign manufacturer which provides consulting, design...
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September 30, 2013, 07:45 AM
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Deloitte Corporate Finance (DCF) announced its advisory role as the exclusive financial advisor to AirBorn, Inc. in the completion of the transaction.AirBorn engaged DCF to raise debt in order to provide a capital structure to support the company's...
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September 26, 2013, 07:55 AM
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Johnson Outdoors Inc. announced a new streamlined structure of the company's debt. The new loan agreement replaces the company's current revolving credit facility and is expected to reduce annual borrowing costs. Key highlights of the new debt...
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September 20, 2013, 07:55 AM
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Alliant Techsystems Inc., the world’s largest ammunition maker, obtained a $900 million financing commitment to support its acquisition of Bushnell Group Holdings Inc. from MidOcean Partners LP. Bank of America is providing the senior secured loans...
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September 06, 2013, 07:54 AM
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Smith & Wesson Holding Corporation, a leader in firearm manufacturing and design, announced that it has successfully completed a new $75 million unsecured revolving credit facility that is expandable under an accordion feature that allows, in certain...
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August 20, 2013, 07:33 AM
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PNC Bank announced the closing of $40 million in senior secured financing for Tranzonic, based in Cleveland, OH. The funds were used for the acquisition of Tranzonic by Silver Oak Services Partners, LLC, a private equity firm headquartered in...
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August 15, 2013, 08:02 AM
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Wynnchurch Capital, a Chicago-based private equity firm, announced the acquisition of Imperial Group, L.P. from Accuride Corporation, in partnership with BMO Mezzanine Fund and a management team led by Chief Executive Officer Terry Wogan. Imperial is...
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August 15, 2013, 07:05 AM
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The Kraus Group of Companies announced it has secured a $50 million funding line with Wells Fargo Capital Finance, which comes on the back of a strong first half performance that has shown carpet sales up 2%, and a return to profitability during...
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August 12, 2013, 07:42 AM
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EnerSys, a leader in stored energy solutions for industrial applications, announced the amendment to its $350 million senior secured credit facility.The amended facility remains a $350 million revolving line of credit and is for a term of five-years...
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August 07, 2013, 07:01 AM
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First Capital provided a $9 million asset-based lending facility to Sheffield Manufacturing, in conjunction with its acquisition by Hancock Park Associates and Next Point Capital. The senior credit facility consists of a working capital revolver...
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Tandy Brands Accessories provided an update on the results achieved from its restructuring plan announced March 18th and announced the execution of new credit facilities.On July 24th, the company entered into a new credit agreement with Salus Capital...
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Bank of America Business Capital announced it has provided a $30 million asset-based loan to JD Norman Industries, Inc. to refinance existing debt and support the purchase of two subsidiaries of Federal-Mogul Corporation. The business units include a...
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GE Capital, Corporate Finance announced it provided a $76.8 million asset-based credit facility to Pacific Coast Feather Company, a leading manufacturer and distributor of high quality basic bedding products. The loan was used to refinance existing...
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The Yorkshire Post reports equity investor NVM has backed the management buyout of Britain’s largest independent furniture manufacturer. The Newcastle-based fund invested £7m into Buoyant Holdings, with asset based lender PNC Business Credit...
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PNC announced it provided a $40 million senior secured revolving line of credit for Raleigh, N.C., based Xerium Technologies, Inc. In addition to an asset-based revolver that provides for both Canadian and U.S. Dollar advances, PNC will also provide...
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Lakeland Industries, Inc., a leading global manufacturer of industrial protective clothing for industry, municipalities, healthcare and first responders on the federal, state and local levels, announced the completion of financing transactions that...
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Superior Uniform Group announced the acquisition of substantially all of the assets of HPI Direct of Alpharetta, GA. Since 1993, HPI Direct has built a stellar reputation for quality and responsiveness as a privately owned company specializing in the...
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Charlesbank Capital Partners made an investment in Trojan Battery Company, a leading global manufacturer of deep-cycle lead acid batteries. Headquartered in Santa Fe Springs, CA, Trojan has been owned by the Godber family since its founding in 1925....
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Carpenter Technology Corporation announced the successful completion of a $500 million syndicated credit facility. This five-year revolving line of credit replaces the $350 million revolver due to expire in June, 2016. The new facility, comprised of...
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LBC Credit Partners (LBC) announced that it was administrative agent and lead arranger for a $35 million second lien term loan to support the recapitalization of MPI Products, LLC (MPI), a Monomoy Capital Partners portfolio company acquired last fall...
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Group 1 Automotive, Inc., an international, Fortune 500 automotive retailer, completed a $1.7 billion five-year revolving syndicated credit facility with 25 financial institutions that will expire in June 2018 and can be expanded to $1.95 billion...
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PNC announced it provided $150 million in senior secured revolving credit for Carter-Jones Lumber Company, a division of The Carter Lumber Company, one of the nation’s top twenty building materials retailers. The transaction also includes a $50...
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Crystal Financial announced the closing of a $57.1 million senior term loan for The Robbins Company. Founded in 1956, The Robbins Company is one of the leading developers and manufacturers of advanced, underground machinery used in tunnel...
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KPS Capital Partners announced its portfolio company, Waupaca Foundry, Inc., completed its second successful recapitalization. The proceeds of the recapitalization, funded by a $125 million upsizing of the Company's term loan, were used to fund a...
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GE Capital, Canada announced it served as administrative agent on a $66 million senior secured credit facility for Van-Rob Inc. Van-Rob, a leading global Tier One automotive parts manufacturer, will use the proceeds to refinance an existing term loan...
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Bank of America Business Capital has expanded its presence in the United Kingdom and Europe by closing a £110 million asset-based revolving credit facility for Doncasters Group Ltd.
Through its London office, Bank of America Business Capital acted...
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Blackford Capital announced the acquisition of Mopec, Inc., a full-service, full-line manufacturer of pathology and mortuary equipment based in Metro Detroit. Comerica Bank and Northcreek Mezzanine provided financing for the transaction.
Mopec was...
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Cole Taylor Business Capital announced the funding of a new $14 million credit facility for Transaxle LLC, headquartered in Cinnaminson, NJ. With more than 20 locations throughout the eastern United States, Transaxle is a leading remanufacturer of...
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Generac Holdings, a designer and manufacturer of generators and other engine powered products, has completed the previously disclosed amendment and restatement of its senior secured term loan credit facility on May 31, 2013, pursuant to which it has...
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Wells Fargo Capital Finance announced it acted as left lead arranger, book manager, and administrative agent on a $1 billion, multi-currency, senior secured revolving credit facility for Novelis, Inc. The credit facility refinanced Novelis’ existing...
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Chromcraft Revington refinanced its credit facility on May 31, 2013 and entered into a new three year secured revolving credit facility with FCC, LLC (“First Capital”) of up to $9 million based upon eligible accounts receivable and inventory of the...
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Builders FirstSource announced the successful completion of its previously announced private offering of $350 million aggregate principal amount of 7.625% Senior Secured Notes due 2021. In conjunction with the offering, the company also entered into...
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Ultralife Corporation closed on a four-year $20 million senior secured asset-based revolving credit facility with a $15 million accordion feature to expand the facility with PNC Bank. The company's previous revolving credit facility with RBS Business...
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Medical Action Industries entered into a new five-year credit agreement for $65 million with Wells Fargo, N.A., part of Wells Fargo & Company (NYSE:WFC), effective May 17, 2013. The new credit facility refinances and replaces the previous agreement...
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KPS Capital Partners announced that, through a newly formed company, Expera Specialty Solutions, LLC and its affiliates, it has entered into definitive agreements with Wausau Paper Corp. to acquire Wausau's specialty paper business (Wausau Specialty...
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GE Antares, a unit of GE Capital, is serving as administrative agent for a $89.5 million senior credit facility to support Greenbriar Equity Group’s acquisition of EDAC Technologies Corporation. GE Capital Markets acted as joint lead arranger and...
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Standard Motor Products, an automotive replacement parts manufacturer and distributor, amended its revolving credit facility with GE Capital, Corporate Finance, acting as agent for a syndicate of lenders. The amended credit facility provides for...
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LBC Credit Partners announced the completion of a $35.0 million senior secured term loan to idX, a portfolio company of ACON Investments (“ACON”). The financing was used to refinance existing debt and will provide support for idX to continue the...
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First Capital, a specialized commercial finance company, announced it has provided a $7 million working capital facility to a manufacturer of pet food packaging. The senior credit facility consists of a $6 million working capital revolver...
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GE Capital, Corporate Finance is serving as administrative agent on a $250 million senior secured credit facility for Neenah Enterprises, a leading iron castings manufacturer. The loan is being used to refinance existing debt and to support ongoing...
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Flotek Industries, Inc. announced that, through a wholly-owned subsidiary, the company has signed a definitive agreement to immediately acquire all of the outstanding stock of Winter Haven, Florida-based Florida Chemical Company, the world's largest...
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Salus Capital Partners provided a $35 million senior-secured credit facility to Manus Holdings, LLC. Manus, a portfolio company of Versa Capital Management, is a leading manufacturer of industrial products that are sold both directly and indirectly...
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Wellspring Capital Management announced its portfolio company API Heat Transfer completed a recapitalization, including a new $300 million first-lien credit facility. The new credit facility will provide API with additional financial flexibility to...
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First Capital provided a $15.6 million revolving line of credit to Colony, Inc., a manufacturer of fixtures and point-of-sale products for leading national retail chains. The senior credit facility consists of a $15 million working capital revolver...
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H.I.G. Capital, a leading global private equity investment firm, announced that an affiliate completed the acquisition of Caraustar Industries, Inc., a provider of recycled paperboard and related products. Caraustar was majority owned by private...
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Erickson Air-Crane, a leading global provider of aviation services to a diverse mix of commercial and government customers and the vertical manufacturer and operator of the powerful, heavy-lift helicopter, the Erickson S-64 Aircrane, entered into a...
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M Line Holdings announced its new loan facility agreement with TCA Global Credit Master Fund L.P. has now funded. The first tranche of the facility is $1.7 million which pays off more expensive financing for Eran Engineering, Inc. ("Eran") and Elite...
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First Capital provided a $10 million revolving line of credit to Key Industries, Inc., a manufacturer of quality work wear. The senior credit facility is collateralized by accounts receivable and inventory.
First Capital was selected as the working...
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LBC Credit Partners announced the completion of a $34 million senior secured term loan to Quintec, a portfolio company of Tenex Capital Management. Proceeds from the transaction were used to partially finance the merger of NAP GLADU with Techniks and...
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Bank of America Business Capital has completed a senior secured credit facility for Vi-Jon, Inc. to refinance the company’s existing debt, finance capital expenditure investment and provide ongoing working capital. The financing includes a revolving...
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The results of the quarterly Manufacturers Alliance for Productivity and Innovation (MAPI) Survey on the Business Outlook (EO-123) indicate improvement, albeit marginal, from the previous report, and imply that the manufacturing sector is holding its...
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LBC Credit Partners (LBC), a leading provider of financing solutions to middle-market companies, announced the firm agented a $60 million senior secured term loan to High Performance Industries, Inc. (HPI), a portfolio company of New York based...
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GE Capital, Corporate Finance announced it is administrative agent on a $195 million cash flow credit facility for Electrical Components International, Inc. (ECI), a leading wire harnesses manufacturer. The proceeds will refinance debt, support...
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Reliance Steel & Aluminum Co. has amended and restated its existing $1.5 billion unsecured revolving credit facility and raised $500 million in a new term loan. The credit agreement has a term of five years, expiring April 4, 2018 and includes an...
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On March 28, 2013, U.S. Concrete, Inc. amended its asset-based credit agreement to increase the total commitments under the facility from $80 million to $102.5 million. The expiration date of the credit facility remains July 1, 2015 and the facility...
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Kraton Performance Polymers, a leading global producer of styrenic block copolymers, announced it has closed an aggregate $250 million of revolving credit facilities. The facilities are comprised of a $150 million five-year, secured U.S. revolving...
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Cole Taylor Business Capital announced the funding of a $22 million facility for Gartner Studios, Inc. and Gartner Greetings, Inc. Proceeds of the facility will be used to refinance the company’s existing debt and to fund ongoing working...
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Salus Capital Partners provided a $13 million senior secured credit facility to Hunter's Specialties, a leading manufacturer, wholesaler, and marketer of non-firearm hunting products, benefiting from one of the industry’s broadest and deepest product...
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Cole Taylor Business Capital (CTBC), a division of Cole Taylor Bank, recently announced the funding of a $10 million credit facility to Tenere, Inc. The company, headquartered in Dresser, WI, is a full-service designer and fabricator of complex metal...
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Recent trends suggest a reason for optimism for the U.S. economy and its manufacturing sector, according to the quarterly Manufacturers Alliance for Productivity and Innovation U.S. Industrial Outlook, a report that analyzes 27 major...
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Federal Signal Corporation successfully completed the refinancing of its existing senior secured credit facilities with new senior secured credit facilities, consisting of a five-year, $150 million revolving credit facility and a five-year, $75...
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Bloomberg reported Mattel Inc. increased its revolving line of credit, while cutting the interest rate and extending its maturity.
The toymaker increased commitments under the loan to $1.6 billion from $1.4 billion, the El Segundo, California-based...
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Bloomberg reported Mattel Inc. increased its revolving line of credit, while cutting the interest rate and extending its maturity.
The toymaker increased commitments under the loan to $1.6 billion from $1.4 billion, the El Segundo, California-based...
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Bank of America Business Capital closed a A$50 million asset-based loan for Atlas Steels, expanding its presence in the Australia/New Zealand market. Atlas Steels is the largest stainless and specialty steel manufacturer and supplier in the...
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Remy International closed the refinancing of its existing senior secured Term B Loan with a new $300 million seven-year Term B Loan facility, through Bank of America, N.A. as administrative agent and joint lead arrangers Merrill Lynch, Pierce, Fenner...
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Preliminary estimates from Sageworks Inc., a financial information company, show that the “State of the Union” for private manufacturing companies is fairly positive.
On average, privately held manufacturers saw their sales increase nearly 9 percent...
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February 25, 2013, 07:52 AM
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The results of the quarterly Manufacturers Alliance for Productivity and Innovation (MAPI) Survey on the Business Outlook (EO-118) indicate little change from the previous report—namely that the sector continues to grow, but at a nominal pace as it...
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January 11, 2013, 07:11 AM
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The 9th Edition of the Facts About Modern Manufacturing, a collaboration between the Manufacturing Institute, the Manufacturers Alliance for Productivity and Innovation (MAPI) and the National Association of Manufacturers (NAM) is now available.
The...
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November 21, 2012, 08:04 AM
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Despite continued uncertainty about the prospects of both the U.S. and global economies, the majority of U.S. industrial manufacturers remain positive regarding the overall revenue outlook for the next 12 months, according to the Q3 2012...
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October 26, 2012, 08:06 AM
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TD Economics, an affiliate of TD Bank, released a special report crediting the revival of the U.S. manufacturing sector as a key driver in the economic recovery, largely due to a slowdown in offshoring activity. This slowdown has kept in the U.S....
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October 16, 2012, 06:31 AM
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The results of the quarterly Manufacturers Alliance for Productivity and Innovation (MAPI) Survey on the Business Outlook (EO-113) indicate slowing growth for U.S. manufacturing over the next three to six months, in line with most other forecasts...
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October 12, 2012, 07:00 AM
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U.S. industrial activity hit a speed bump in the second quarter of 2012 and stall speed growth may delay the transition from modest to moderate growth until the second half of 2014, according to the quarterly Manufacturers Alliance for Productivity...
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September 20, 2012, 07:00 AM
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Prime Advantage, a buying consortium for midsized manufacturers, announced the findings of its tenth semi-annual Group Outlook Survey, revealing financial projections and top concerns of its Member companies for the second half of 2012.The majority...
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September 10, 2012, 06:00 AM
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