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Week's News

Runway Growth Capital, a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, and BC Partners Credit, the $8 billion credit arm of BC Partners, an approximately $40 billion AUM... Read Story

Filed Under: Industry News
November 01, 2024 @ 08:15 AM

Revlon Group Holdings provided additional details around the benefits of its recently upsized and enhanced credit facility.  As previously announced on September 30th, Revlon Intermediate Holdings III LLC  and certain of its subsidiaries entered into... Read Story

November 01, 2024 @ 08:14 AM

Silicon Valley Bank (SVB), a division of First Citizens Bank, provided a $50 million growth capital facility to Bugcrowd, a leading provider of crowdsourced cybersecurity solutions. Bugcrowd brings the collective ingenuity of organizations and... Read Story

Filed Under: Cybersecurity
November 01, 2024 @ 08:13 AM

Gunvor USA, an indirect wholly-owned subsidiary of Gunvor Group Ltd, has successfully closed the syndication of its US $2.34 billion uncommitted borrowing base credit facility. The facility, which benefited from strong oversubscription, includes a US... Read Story

Filed Under: Commodities
November 01, 2024 @ 08:00 AM

Grant Thornton has appointed new leaders in two markets. Nathan Dreyfus, a principal in the firm’s Risk Advisory Services practice, has taken the helm of Grant Thornton’s Silicon Valley office. Dreyfus succeeds Amanda McCarty, who is now the firm’s... Read Story

November 01, 2024 @ 07:58 AM

Alvarez & Marsal (A&M) announced the appointment of John Fiorentino as a Managing Director within the firm’s Private Equity Performance Improvement (PEPI) group. Mr. Fiorentino’s expertise unlocking procurement and supply chain-driven value creation... Read Story

November 01, 2024 @ 07:52 AM

SLR Credit Solutions structured a unitranche asset-based credit facility to support Directional Capital’s acquisition of a collection of rent-to-own retail locations across the New York and New Jersey markets, via a new entity known as Purple Apple.... Read Story

Filed Under: Rental News
November 01, 2024 @ 07:35 AM

Monroe Capital has been selected by Inc. Magazine’s 2024 List of Founder-Friendly Investors. The list honors Lenders, Venture Capital and Private Equity firms with a track record of backing founder-led companies and helping them achieve success. As a... Read Story

Filed Under: Industry News
November 01, 2024 @ 07:20 AM

Ares Capital Corporation announced that James (“Jim”) R. Miller was appointed as Co-President to serve alongside current Co-President, Kort Schnabel. Concurrently, Ares Capital’s Board of Directors was expanded by one member. Mitchell (“Mitch”)... Read Story

October 31, 2024 @ 08:15 AM

TAB Bank closed $98.4 million in credit facilities across 385 deals during the third quarter of 2024. The financing includes a diverse range of loans such as working capital, equipment, commercial real estate, small business lines of credit and... Read Story

October 31, 2024 @ 08:05 AM