Voltera, a leading developer, owner, and operator of charging infrastructure for zero-emission vehicle (ZEV) fleets, secured a $100 million debt facility to support capital expenditure deployment on assets that are backstopped by customer contracts, a first-of-its-kind for the electric vehicle (EV) charging industry.The financing will be used to support the development of multiple Voltera-owned and operated charging sites as well as continued corporate growth and other initiatives. Under the
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August 14, 2024 @ 08:06 AM
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SSG Capital Advisors served as the investment banker to ICON Aircraft, Inc. in the sale of substantially all assets to an affiliate of Dürkopp Adler GmbH (“DA”). The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the District of Delaware. The transaction closed in June 2024. ICON is a leading developer and manufacturer of light-sport aircraft (“LSA”). The Company’s flagship product is the ICON A5, an amphibious sport plane with foldable wings and
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August 09, 2024 @ 07:45 AM
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Rosenthal & Rosenthal announced that William Garcia, Kathleen Waldropt and David Zimmerman have joined Rosenthal’s Southeast team. With more than six years of underwriting experience in the commercial finance industry, Garcia joins as VP, Recourse Factoring Underwriter. Most recently, he served as Vice President and ABL Loan Manager at nFusion Capital in Austin, where he oversaw the performance and risk management of the firm’s portfolio. Before that, he was a Credit Analyst at Origin Bank and
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August 07, 2024 @ 08:00 AM
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Janus Henderson Group, a leading global active asset manager, has entered into a definitive agreement to acquire a majority stake in Victory Park Capital Advisors, LLC (“VPC”), a global private credit manager with a nearly two decade-long track record of providing customized private credit solutions to both established and emerging businesses. VPC complements Janus Henderson’s highly successful securitized credit franchise and expertise in public asset-backed securitized markets, and further
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August 13, 2024 @ 08:00 AM
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Monroe Capital, on behalf of its investment funds, has established a partnership with Triad Financial Services (“Triad”) to originate and purchase commercial Community Rental loans made to manufactured home community owners. The initial pool is expected to be ~$300 million. Monroe has secured a revolving credit facility with Canadian Imperial Bank of Commerce to finance such origination and purchase. The capital provided by the Monroe partnership will allow Triad to continue to expand its
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August 08, 2024 @ 08:02 AM
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