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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Aspen Aerogels, a technology leader in sustainability and electrification solutions, closed on a $125 million term loan facility and $100 million capacity asset-based revolving credit facility with MidCap Financial. The collateral structure of this agreement excludes the assets of Aspen's wholly-owned subsidiary, Aspen Aerogels Georgia LLC, including the Company's planned second aerogel manufacturing facility in Statesboro, Georgia. The proceeds from this transaction will be utilized for the
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August 21, 2024 @ 07:56 AM
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Houlihan Lokey announced that Geoff Rhizor has joined as a Managing Director. Based in San Francisco, Rhizor will join the Technology Group where he will focus on the social impact/nonprofit and office of the CFO software sectors and will collaborate with members of the FinTech Group in the latter.Rhizor joins the firm after spending the past six years at Canaccord Genuity, where he helped establish its West Coast technology Investment Banking practice, focusing on the software, IT services
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August 21, 2024 @ 07:49 AM
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EisnerAmper announced that the partners and colleagues of Los Angeles-area CPA firm KROST CPAs are joining EisnerAmper in a combination expected to close in September 2024.Founded in 1939, KROST has eight partners and a staff of more than 100 professionals across offices in Los Angeles, Woodland Hills, and Pasadena, California. KROST is an award-winning full-service accounting, tax, and business consulting firm servicing the hospitality, technology, financial services, manufacturing, real estate
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August 21, 2024 @ 07:40 AM
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Stonebriar Commercial Finance announced two additions to its originations team. James Paterson and Vince Cornell joined Stonebriar as Managing Directors responsible for the development and management of relationships with clients, prospects and referral sources in the West and Southeast markets, respectively.Paterson brings decades of asset-based lending experience to Stonebriar from organizations including East West Bank, Ares, PNC, CIT, and GE Capital. Based in Los Angeles, CA, James will
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August 21, 2024 @ 07:39 AM
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