Raymond James is expanding its Recapitalization & Restructuring Investment Banking practice with the hiring of Jacob Czarnick as managing director. Czarnick will focus on restructuring and will use his deep knowledge of both company and creditor...
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April 30, 2021, 07:39 AM
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Citizens M&A Advisory served as the exclusive financial advisor to trustaff Management, Inc. and CardioSolution on their recapitalization by Cornell Capital and Trilantic North America, two New York-based private equity firms.Founded in 2002...
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March 19, 2021, 07:00 AM
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Citizens M&A Advisory served as the exclusive M&A advisor to Bionix Development Corporation on its recapitalization by Argosy Private Equity. Bionix, headquartered in Toledo, Ohio, is a leading developer of innovative healthcare products for...
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February 17, 2021, 06:00 AM
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Save A Lot, a U.S. discount grocer, today announced the successful completion of a comprehensive recapitalization of the business and significant deleveraging of the Company’s balance sheet. Under the terms of the agreement, which was supported...
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April 06, 2020, 09:20 AM
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Monroe Capital LLC and SNH Capital Partners (SNH) announced the completion of a second recapitalization of National Credit Center (NCC), an SNH portfolio company. Monroe provided the financing through an upsizing of its senior credit...
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January 29, 2019, 07:17 AM
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Crystal Financial LLC announced the closing of a $27.5 million Senior Credit Facility for KPM Analytics Holdings, LLC consisting of a $21.0 million term loan, a $3.0 million revolving credit facility and a $3.5 million delayed draw term loan....
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January 24, 2019, 07:00 AM
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Reich Brothers Holdings, LLC announced the recapitalization of its affiliated finance company, now known as Reich Bros Structured Finance, LLC (Reich Bros Finance). As part of the recapitalization, Reich Bros Finance has obtained increased credit...
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January 03, 2019, 08:07 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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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $56 million senior credit facility to support the recapitalization of Nova Wildcat Amerock LLC (Amerock) by a private equity sponsor.
Founded in...
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November 13, 2018, 07:08 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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EDITOR'S NOTE: An earlier posting of this story contained an error in the headline, specifically the wrong borrower. We at ABL Advisor regret the error.
LBC Credit Partners provided senior secured credit facilities to support Silver Oak Services...
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October 23, 2018, 07:10 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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October 15, 2018, 07:00 AM
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Abacus Finance Group, LLC (Abacus), a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced that it served as Administrative Agent and Lead Arranger for...
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September 24, 2018, 07:00 AM
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Deloitte Corporate Finance LLC (DCF) acted as exclusive financial advisor to MDU Enterprises, Inc., ABP Digital, Inc., and Mad Comet, Inc., collectively doing business as Bulk TV & Internet (Bulk TV), a leading integrator of enterprise video, data...
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August 27, 2018, 07:00 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the majority recapitalization of SMP Pharmacy Solutions (SMP) by private equity sponsor, Galen Partners. Based...
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August 07, 2018, 07:09 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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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $10,000,000 senior credit facility to Iselin, New Jersey-based Taylored Services, LLC.
Taylored is a fully integrated third-party logistics provider...
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July 13, 2018, 07:17 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 secured financing to support the recapitalization of Innovative Office Products, LLC, led by Cathay Capital Private...
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May 25, 2018, 07:28 AM
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Antares Capital announced it is serving as administrative agent and sole lead arranger on a $73.5 million senior secured credit facility to support the recapitalization and growth initiatives of TurbineAero, Inc. by The Gores Group.
Headquartered in...
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March 28, 2018, 07:15 AM
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Capital One N.A. Financial Sponsors Group announced that it led a $190 million senior secured credit facility to support the recapitalization of Situs Holdings (Situs) by Stone Point Capital (SPC). Capital One acted as joint lead arranger and...
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March 21, 2018, 07:10 AM
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The Walking Company Holdings, Inc., has announced that it has obtained critical stakeholder support for a comprehensive recapitalization of the Company. The Company’s controlling shareholders have committed to invest $10 million in new equity into...
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March 20, 2018, 07:12 AM
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Citizens Bank announced that Citizens Commercial Banking has arranged $32 million of credit facilities for Bensalem, PA-based thrift retailer 2nd Ave LLC. Citizens acted as lead arranger and sole senior lender for the financing. The new credit...
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January 31, 2018, 07:14 AM
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Capital One N.A. Sponsor Finance announced that it led a senior secured credit facility to support the recapitalization of Groome Holdings LLC by an affiliate of Cortec Group and the Groome family. Capital One acted as joint lead arranger for the...
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January 31, 2018, 07:10 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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Washington Equity Partners, a private equity firm based in the Washington DC metro area, in partnership with the Company's existing owners and management, announced an investment in Arc Drilling LLC. Headquartered in Cleveland, Ohio, Arc Drilling is...
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November 22, 2017, 07:09 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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Commercial lender FGI Worldwide announced the completion of a full recapitalization of the company. The recapitalization includes the infusion of $140 million in new capital, including new equity investors and an expanded board of directors. “This...
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September 08, 2017, 07:22 AM
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Blackhill Partners LLC, a restructuring investment bank, entered into a joint venture with TFA Capital Partners (TFA) in order to bring experienced advice in Restructuring & Recapitalizations and Energy Financings to Tribal clients.
The combined...
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August 17, 2017, 07:30 AM
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Glowpoint, Inc., a managed service provider of video collaboration and network applications, announced that on July 31, 2017, the company completed a recapitalization of its existing debt obligations with support from Western Alliance Bank and Super...
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August 02, 2017, 07:17 AM
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CDx Diagnostics, Inc. announced that it has completed a majority recapitalization with Galen Partners, a healthcare-focused growth equity investment firm and San Francisco-based White Oak Healthcare Finance, LLC, who led the debt financing. CDx is a...
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July 17, 2017, 08:01 AM
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Baceline Investments, LLC, a private real estate investment and management company with neighborhood shopping center holdings throughout the Central United States, has announced the completion of a recapitalization effort for select, stabilized...
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June 23, 2017, 07:45 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 $24,000,000 in secured financing to support Prospect Partners, LLC, in a dividend recapitalization of Owen...
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June 14, 2017, 07:00 AM
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Perella Weinberg Partners (PWP) announced that Cory Hill has joined the Firm as a Managing Director in the Advisory business. Based in Los Angeles, Hill will work with Chris Mead, Partner and Head of the Los Angeles office, to provide strategic and...
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May 18, 2017, 07:16 AM
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Golub Capital recently announced that as Sole Bookrunner, Sole Lead Arranger & Administrative Agent, it provided a GOLD facility to support the growth recapitalization of Results Physiotherapy, a portfolio company of Chicago-based private equity firm...
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April 28, 2017, 07:07 AM
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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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April 25, 2017, 07:19 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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Basic Energy Services, Inc.announced that the Company and its affiliated Chapter 11 debtors obtained court approval of their prepackaged restructuring and recapitalization plan (the "Prepackaged Plan"), which received near unanimous support from...
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December 12, 2016, 07:57 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $21.5 million senior term loan to support the recapitalization and future acquisitions of All Holding Company, LLC (“AHC”) by private equity...
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December 06, 2016, 07:39 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support private equity sponsor Tower Arch Capital’s recapitalization of Corbett Technology Solutions, Inc. (“CTSI”) in...
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November 29, 2016, 07:35 AM
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Align Capital Partners announced it completed, in partnership with management, an investment in Alliance Source Testing, LLC, a leading provider of source emissions (or stack) testing services to industrial facilities in the United States. Terms of...
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November 28, 2016, 07:28 AM
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Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a $55 million unitranche credit facility to support the recapitalization of a finance technology company. The company is a full-service provider of...
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September 20, 2016, 07:37 AM
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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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July 07, 2016, 08:03 AM
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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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June 23, 2016, 07:48 AM
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Deloitte Corporate Finance LLC (DCF) acted as exclusive financial advisor to Global Software, Inc. in its majority recapitalization with Thompson Street Capital Partners. The transaction closed on May 2, 2016.Headquartered in Raleigh, NC, Global...
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May 31, 2016, 07:42 AM
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SquareTwo Financial Corporation, a leader in the distressed asset purchasing market in the United States and Canada, announced the early settlement of its previously announced exchange offer and the implementation of its comprehensive...
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May 26, 2016, 07:22 AM
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PNC Riverarch Capital announced the recapitalization of Feeders Supply Company, LLC, a leading specialty retailer of pet food and supplies headquartered in Louisville, Kentucky. The transaction also included a significant re-investment by President...
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May 04, 2016, 07:53 AM
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LBC Credit Partners, a leading provider of financing solutions to middle market companies, was selected by shareholders of Ameriqual Group, LLC to provide a senior secured term loan to support the recapitalization of the company. LBC Credit Partners...
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April 15, 2016, 08:14 AM
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Thompson Street Capital Partners (TSCP), in partnership with Arsenal Capital Partners, a New York City-based management and investment firm, announced today that they have recapitalized BioreclamationIVT. The new partnership will provide additional...
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January 20, 2016, 07:09 AM
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Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced Alexander Rohan, CFA has joined the firm as a managing director in the restructuring advisory group."We are excited that Alex has joined our...
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August 25, 2015, 07:28 AM
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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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May 26, 2015, 07:19 AM
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LBC Credit Partners, a leading provider of financing solutions to middle market companies, agented a senior secured term loan to support the recapitalization of Anexinet Corporation, a portfolio company of Marlin Equity Partners. Proceeds will also...
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November 12, 2014, 07:47 AM
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Versa Capital Management announced its portfolio company AVENUE Stores has finalized a new capital structure to support AVENUE’s continued growth and provide additional interim returns to its equity holders. AVENUE is a specialty retailer with more...
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October 30, 2014, 07:11 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 recapitalization of Towne Mortgage Corporation (“Towne”) by American Community Homes, Inc. a platform...
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October 20, 2014, 07:54 AM
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Waste Pro USA, Inc. has completed a $579 million recapitalization of the Longwood, Florida-based company, according to CFO and Vice President Cort Sabina.The new credit facility for the 11-year-old firm is all debt, which included an asset-based loan...
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October 16, 2014, 07:51 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $35 million senior credit facility to support the recapitalization of Trident University International by a Northeast-based private equity...
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October 15, 2014, 07:49 AM
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Essar Steel Algoma Inc. (Algoma) announced it intends to launch a comprehensive refinancing of its current capital structure, beginning with investor meetings, including a bank meeting with investors on Oct. 15, 2014.As part of the refinancing...
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October 13, 2014, 07:41 AM
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KPS Capital Partners announced its portfolio company Expera Specialty Solutions, LLC has completed a successful recapitalization. Expera raised $270 million of financing, including a $75 million cash flow revolving credit facility and a $195 million...
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September 03, 2014, 07:17 AM
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Brown Gibbons Lang & Company (BGL) announced the recapitalization of Hynes Industries, Inc. and Hynes Kokomo, LLC ("Hynes") by Resilience Capital Partners. Members of the Bresnahan family will retain a minority ownership stake in the business. The...
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August 27, 2014, 07:08 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 $16 million of secured financing to support the recapitalization of AllOver Media, Inc. AllOver Media, Inc. is...
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July 17, 2014, 07:46 AM
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Monroe Capital LLC announced the funding of a $14 million senior secured credit facility to support the recapitalization and growth of Starpoint Health, Inc. by private equity sponsor, Caltius Equity Partners. Based in Newport Beach, California...
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July 15, 2014, 08:03 AM
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Prospect Capital Corporation announced today that Prospect has funded a $54 million senior credit facility to support the recapitalization of Ark-La-Tex Wireline Services, LLC and affiliates ("AWS") by Harren Equity Partners ("Harren") in concert...
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April 09, 2014, 07:14 AM
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LLR Partners announces the final closing of LLR Equity Partners IV, L.P. (“LLR 4”), a $950 million private equity fund that builds on the firm’s 15-year history of investing in and partnering with middle-market growth companies. The firm thanks its...
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March 07, 2014, 07:23 AM
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Prospect Capital Corporation in December 2013, the firm provided $40 million of senior secured floating rate debt to support the recapitalization of Crosman Corporation ("Crosman") by Wellspring Capital Partners, a leading investment firm focused on...
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January 09, 2014, 07:04 AM
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Total leverage finance and high yield issuance have hit record levels, but overall outstandings have hardly budged as the principal drivers of supply have been repricings and recapitalizations, according to the latest report of Morgan Joseph...
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March 13, 2013, 08:05 AM
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