Ares Management Corporation announced that certain funds managed by its Alternative Credit strategy have completed the acquisition of a $3.5 billion specialty finance loan portfolio from PacWest Bancorp.The Portfolio consists of high quality, senior...
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June 26, 2023, 08:30 AM
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Representing one of the first significant real estate debt transactions in this market cycle, global real estate investment company Kennedy Wilson closed on the initial tranche of loans as part of a $5.7 billion loan portfolio acquisition from...
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June 12, 2023, 08:02 AM
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Pacific Western Bank provided a $25 million debt facility to existing client, Truvian Sciences ("Truvian"), a healthcare company paving the way in the blood testing industry with its automated diagnostic system that provides lab-accurate results at...
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September 15, 2021, 07:00 AM
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Kate Farms® secured a $30 million senior credit facility with Pacific Western Bank to help fuel the company's further growth and expansion. The transaction follows Kate Farms' recent Series B funding round totaling $60 million and led by Goldman...
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June 16, 2021, 07:00 AM
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Pacific Western Bank announced Janice Ibey joined the bank as a Senior Vice President, Business Development Officer on its asset-based lending team. She will be located in Orange County, California. Janice will expand the Bank’s efforts to deliver...
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February 26, 2021, 07:32 AM
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PacWest Bancorp and Pacific Western Bank announced the first step of a Senior Leadership Transition Plan to be realized over the next three years. The plan involves the retention of Matthew P. Wagner as President and Chief Executive Officer through...
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February 01, 2021, 07:19 AM
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Pacific Western Bank announced that Melinda Fricke has joined the Bank as a Senior Vice President, Business Development Officer on its asset-based lending team. She will be located at the Bank’s Plano, Texas office. Melinda will expand the Bank’s...
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January 14, 2021, 08:00 AM
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Pacific Western Bank announced that Bill Black has been appointed as Executive Vice President, Strategy and Corporate Development. In this newly created role, Mr. Black will focus on sourcing and evaluating prospective strategic opportunities for the...
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July 02, 2020, 08:55 AM
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Pacific Western Bank announced it has provided a $6 million credit facility to new client, Cradle Genomics, creator of non-invasive prenatal testing solutions to be offered at the earliest stages of pregnancy. The company will utilize the facility to...
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February 24, 2020, 08:00 AM
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Pacific Western Bank announced the addition of Columbus Johnson as Senior Vice President, Originations. Johnson has worked in the equipment finance and leasing industry for 20 years. In his new role with the Bank, Johnson will be responsible for...
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October 29, 2019, 08:40 AM
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Pacific Western Bank announced the addition of two senior leaders to their growing team in Denver, Colorado. Each will report to Colorado Market President, Jon Lorenz, who joined PWB in 2019 to lead the Denver expansion for the Bank. The Bank is...
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August 27, 2019, 08:45 AM
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Pacific Western Bank (PWB) has launched a Tax-Exempt Lending Group to focus on the capital needs of municipalities, schools and school districts, non-profits and other issuers of tax-exempt debt. This group will add to the bank’s already diverse...
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February 15, 2017, 07:31 AM
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Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $7 million credit facility to new client TVA Medical, Inc., a medical device company serving the needs of patients with end-stage renal disease. Proceeds from...
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December 15, 2016, 07:19 AM
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ReVision Optics, Inc. announced that it has secured a $10 million credit facility from Square 1 Bank. RVO announced receipt of U.S. Food and Drug Administration (FDA) approval for its Raindrop® Near Vision Inlay for the surgical correction of...
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August 18, 2016, 07:40 AM
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Square 1 Bank, a division of Pacific Western Bank, has provided a $5 million credit facility to new client YPrime, a clinical-trial solutions provider. Proceeds from the facility will be used to provide working capital as the company continues to...
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June 15, 2016, 07:33 AM
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a $3 million credit facility to new client Contactually, a user-focused relationship management platform. Proceeds from the facility will be used to support overall...
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June 08, 2016, 07:36 AM
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Square 1 Bank, a division of Pacific Western Bank, is announced the following leadership promotions:
Art Wasson was promoted from senior vice president, global treasury management, to executive vice president, Venture Capital Services + Global...
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May 11, 2016, 07:39 AM
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CapitalSource announced Brett Hewitt has joined CapitalSource’s Corporate Asset Finance team as a senior vice president of originations. He will be based in Austin, TX, and will be responsible for sourcing and originating equipment finance loans in...
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April 28, 2016, 07:20 AM
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a $2 million credit facility to existing client, Autolist, Inc., an automotive sales search engine. Proceeds from the facility will be used to fuel the company's...
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February 18, 2016, 07:19 AM
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a credit facility to new client, Chubbies, Inc. an e-commerce apparel company. Proceeds from the facility will provide working capital to finance accelerated...
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February 04, 2016, 07:55 AM
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Square 1 Bank, a division of Pacific Western Bank, has provided a $3 million credit facility to new client, PlayMaker CRM, Inc., a leading customer relationship management (CRM) solution for the post-acute care industry. Proceeds from the facility...
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January 21, 2016, 07:44 AM
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Square 1 Bank, a division of Pacific Western Bank, provided an $8 million credit facility to new client, Schweiger Dermatology Group, a leading provider of medical, cosmetic and surgical dermatology services in the New York metro area. Proceeds from...
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December 16, 2015, 07:37 AM
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Square 1 Bank, a division of Pacific Western Bank, has provided a multi-million dollar credit facility to existing client Foundation Radiology Group, a leading provider of diagnostic imaging services for community hospitals. Cafferty & Company served...
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December 03, 2015, 08:04 AM
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CapitalSource, a division of Pacific Western Bank, and a national middle-market lender in the technology sector, announced its role as the sole lender in a recent deal with sponsor TA Associates. CapitalSource provided funding for Plusgrade, a...
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November 02, 2015, 07:21 AM
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Aratana Therapeutics, Inc., a pet therapeutics company focused on the licensing, development and commercialization of innovative biopharmaceutical products for companion animals, announced a $40 million senior secured credit facility with Pacific...
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October 16, 2015, 07:39 AM
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Harvest Capital Credit Corporation has amended its senior secured revolving credit facility with CapitalSource, a division of Pacific Western Bank, and City National Bank to, among other things, extend the revolving period and reduce pricing under...
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September 24, 2015, 07:13 AM
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Strategic Funding Source, Inc., a provider of direct financing to small and midsize businesses, announced that it has closed on a $90 million revolving credit facility. Led by CapitalSource, a division of Pacific Western Bank, the loan agreement...
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July 16, 2015, 07:54 AM
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CapitalSource provided a $28.5 million senior term loan to facilitate the acquisition of an assisted living facility by WESTliving. The facility is comprised of 180 units. Launched in 2009, WESTliving is a Carlsbad, CA based owner/operator of...
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July 15, 2015, 07:43 AM
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Opus Bank announced that Ray Boyadjian has joined Opus as Managing Director, Corporate Finance within Opus’ Merchant Banking division. Boyadjian, a 39-year banking veteran, is responsible for expanding Opus’ corporate finance-related client base, as...
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October 02, 2014, 07:11 AM
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National Funding, one of the country’s largest private lenders of small business loans, announced that on July 31, 2014, the company entered into a Loan and Security Agreement deal with CapitalSource, a division of Pacific Western Bank. CapitalSource...
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September 09, 2014, 07:34 AM
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CapitalSource, a division of Pacific Western Bank, provided an additional loan facility to Evolve IP. Serving again as administrative agent and lead arranger, CapitalSource upsized the existing Evolve IP facility by $14.7 million to $42.2...
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August 25, 2014, 07:44 AM
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Evolve IP has secured a $27.5 million senior secured loan facility with CapitalSource, one of the leading commercial lenders for mid-sized businesses, as the administrative agent and lead arranger. DH Capital, LLC served as exclusive financial...
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May 13, 2014, 07:18 AM
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PacWest Bancorp ("PacWest") and CapitalSource Inc. ("CapitalSource") announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby PacWest and CapitalSource will merge in a transaction valued at approximately $2.3...
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July 23, 2013, 08:04 AM
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