Next Level Aviation (NLA), a leader in the global distribution of used serviceable materials (USM) for all Boeing and Airbus commercial aircraft and associated jet engine platforms, has secured a new $50MM revolving credit facility with PNC Bank with...
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December 11, 2024, 08:10 AM
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Mason Wells announced that it has closed the acquisition of EastPoint Sports Ltd., LLC. EastPoint, a supplier of indoor and outdoor recreational sporting goods, was founded in 2009 by Mike Nally, a long-time industry veteran. The Company will be...
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September 17, 2018, 07:05 AM
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PNC Bank, N. A., announced the closing of a $16.2 million senior secured credit facility for electronic components provider MPD, Inc. Established in 1987 and headquartered in Owensboro, KY, MPD will use its funds to refinance existing senior bank...
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August 29, 2018, 07:07 AM
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PNC Bank, National Association, announced the closing of a $575 million credit facility for Warren, PA-based United Refining Company (United). Founded in 1902, United is an independent refiner and marketer of petroleum products, beneficially owned by...
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July 25, 2018, 07:12 AM
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Trax Technologies, a global freight audit and payment provider, and Veraction, a provider of transportation spend management and freight audit solutions, announced the merger of the two companies. The combined business will offer customers a single...
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June 26, 2018, 07:26 AM
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PNC Bank, N.A., announced the appointment of Marc S. Price, senior vice president, to head a newly established retail finance unit for PNC Business Credit. With more than 20 years of commercial finance leadership experience, Price will oversee PNC’s...
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November 01, 2017, 08:00 AM
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K1 announced the sale of its portfolio company ChiroTouch to Waud Capital Partners. Under K1’s ownership, ChiroTouch grew to become the world’s largest provider of electronic healthcare records and practice management software to the chiropractic...
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July 18, 2017, 07:17 AM
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PNC Bank, N.A. announced the addition of Daniel Morihiro, senior vice president; Patrick Simpson, senior vice president, and Graham Holding, vice president, to the senior secured financing team. All will be responsible for business development and...
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December 12, 2016, 08:21 AM
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In a move to further expand the company’s business development team, Gibraltar Business Capital announced that Christopher Martin has joined as Vice President, Originations, Northeast Region. Based in Philadelphia, PA, Martin will focus on...
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September 20, 2016, 07:29 AM
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PNC Bank, N.A. announced the closing of senior secured credit facilities totaling $48 million for two new clients: Wellnext, a Florida-based family of brands that delivers research-backed nutritional supplements, and Elite One Source Nutrisciences...
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August 04, 2016, 07:36 AM
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PNC Bank, N.A., announced the appointment of David Mengel, executive vice president, to head up the technology finance team based in San Francisco. With 30 years of banking experience, Mengel will relocate to oversee PNC’s accelerated build out of...
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October 20, 2015, 07:56 AM
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James E. Torkelson recently joined First Merchants Corporation as Manager – Structured Finance. In this role, Torkelson will be responsible for building out the bank’s marketing efforts for leveraged lending to private equity firms in Chicago and...
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October 06, 2015, 07:57 AM
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