• Gateway Fiber Upsizes Credit Facility to $250 Million, Funding Continued Growth in Nationwide Fiber Deployment
    December 4, 2024
    Gateway Fiber, a leading fiber internet provider, is pleased to announce the closing of an incremental $75 million in debt financing. Proceeds from the capital raise will fund continued expansion of Gateway’s fiber network through 2025 in three key markets – Missouri, Minnesota, and Massachusetts.
  • OHA is Administrative Agent & Lead Left Arranger for Private Refinancing of FloWorks
    December 4, 2024
    Oak Hill Advisors (“OHA”) served as Administrative Agent and Lead Left Arranger for the private unitranche facility supporting FloWorks, a portfolio company of Wynnchurch Capital, L.P. (“Wynnchurch”). FloWorks is a leading specialty distributor of critical flow control products and provider of tailored technical solutions for MRO-focused applications.
  • BlackRock Targets Private Credit Growth With $12 Billion HPS Acquisition
    December 4, 2024
    BlackRock (BLK.) will buy private credit firm HPS Investment Partners for about $12 billion in an all-stock deal, the companies said on Tuesday, as the world's largest asset manager seeks to expand in a red-hot market.
  • Study Reveals Global Deal Making Heading for Recovery After Tough Year as Rates are Cut
    December 4, 2024
    Deal-making and financing globally are set for recovery in the year ahead after a tough past 12 months as interest rates ease worldwide, new global research* from Ocorian, the specialist global provider of services to financial institutions, asset managers, corporates and high net worth individuals shows.
  • T-Max Lending LLC Provides $14 Million Loan to Upgrade 203-Unit Apartment Tower in Burlington County, NJ
    December 4, 2024
    T-Max Lending LLC, a leading private loan firm specializing in tailored real estate financing solutions, has announced the successful funding of a $14 million loan to support the renovation and modernization of a 203-unit apartment tower in Burlington County.
  • Hercules Capital Renews and Increases Its Multi-Currency SMBC Credit Facility to $300.0 Million
    December 2, 2024
    Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has renewed and upsized its existing $225.0 million credit facility with Sumitomo Mitsui Banking Corporation (“SMBC”) with an upsized credit facility under which Synovus Bank, Customers Bank and Apple Bank, together with SMBC.
  • Golden Ridge Announces Credit Facility with MM Group Ltda.
    December 2, 2024
    GOLDEN RIDGE RESOURCES LTD. (TSX-V: GLDN) ("Golden Ridge" or the "Company") announces that in connection with its previously announced acquisition (the “Proposed Transaction”) of 80% of the issued and outstanding membership interests in MM Group Ltda. (“MMG”) it has entered into a credit facility agreement dated November 29, 2024, pursuant to which the Company has agreed to advance to MMG up to an aggregate of $950,000 (the “Loan”).
  • Republic Business Credit Provides Factoring Facility to New York Apparel Importer
    December 2, 2024
    A New York-based apparel company has partnered with Republic Business Credit to secure a non-recourse factoring solution, allowing the company to extend payment terms to its customers without assuming additional financial risk. This partnership will enable the company to meet recent, growing demand for its products and solidify customer relationships to support long-term growth potential.
  • Winston & Strawn LLP Advises Kans Capital Investments LLC
    December 2, 2024
    Winston & Strawn LLP advised Kans Capital Investments LLC (Kans), a Mexican private equity fund, in a joint venture arrangement with Castillo Funding, LLC (Castillo), whereby the parties have entered into an agreement to acquire U.S.-based Courtyard and Residence Inn hotels from Annemid PWDP, LLC.
  • Hogan Lovells Adds corporate tax partner in Washington D.C. Continuing Expansion of Corporate & Finance Practice Group
    December 2, 2024
    Global law firm Hogan Lovells announced today that Jay Singer has joined as a tax partner in the firm’s Corporate & Finance practice group in the Washington, D.C. office. Singer, who joins from A&O Shearman advises clients on the tax aspects related to spin-offs, complex M&A, and cross-border transactions.
  • Crown Partners Arranges Senior Financing for Wyandot Snacks
    December 2, 2024
    Crown Partners announces it has successfully arranged senior financing for Wyandot Snacks ("Wyandot"), a portfolio company of Astara Capital Partners. The firm served as exclusive financial advisor to Wyandot in connection with this transaction, which provides increased capital to support its continued growth.
  • Flatbay Capital Hires Jesus Becerra
    December 2, 2024
    Flatbay Capital is proud to announce the addition of Jesus Becerra, Business Development Officer in Austin, Texas. Jesus has extensive experience in banking, finance and business development.
  • Celtic Capital Corporation Provides Funding for Pacific Northwest-based Company Supplying Advanced Structural Composite Assemblies
    December 2, 2024
    Celtic Capital Corporation today announced its most recent new client relationship – a Pacific Northwest-based company supplying advanced structural composite assemblies and components for commercial and military aerospace markets.
  • KeyBank Names Jonathan Munro Senior Director of Business Banking
    December 2, 2024
    KeyBank announced that Jonathan Munro has been named senior director of business banking for KeyBank. In this role, Munro is responsible for building KeyBank’s future operating strategy for the business banking segment of the Consumer Bank, which includes building and strengthening client relationships and growing capabilities in cash management, payments, and other business banking products and services.
  • Lion Electric Announces Additional Amendments to Certain Senior Credit Instruments and Additional Workforce Reductions
    December 2, 2024
    The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, announced today that it has entered into additional amendments to (i) its senior revolving credit agreement entered into with a syndicate of lenders represented by National Bank of Canada, as administrative agent and collateral agent, and including Bank of Montreal and Federation des Caisses Desjardins du Québec
  • LSQ Creates $30MM AR Finance Facility for NY-based Staffing Firm
    December 2, 2024
    LSQ, a leading provider of working capital and payments management solutions, recently originated a $30 million accounts receivable credit facility for a New York-based staffing company.
  • Lilium Group Announces Sale of Xcel Bulk Logistics to the Kenan Advantage Group, Inc.
    December 2, 2024
    Peterson Hawkins and Lilium Group announced the sale of Xcel Bulk Logistics (“XBL”) to the Kenan Advantage Group, Inc. (“KAG”), North America’s largest bulk logistics company. Amerisource provided both debt and equity to support the growth of XBL.
  • Republic Business Credit Fuels Growth for Innovative Manufacturer with $4,000,000 Factoring Facility
    December 2, 2024
    Fueled by a demand for its innovative automated handling solutions, a national manufacturer has partnered with Republic Business Credit to secure a $4,000,000 recourse factoring facility. Republic partnered with an independent private equity sponsor to complete the corporate divestiture of one orphan division that was primed for growth with the right partner.
  • Sallyport Commercial Finance Provides $4M Funding to Further Belluscura’s U.S. Expansion Goals
    December 2, 2024
    Sallyport Commercial Finance is delighted to announce a $4,000,000 funding facility for Belluscura, a trailblazing medical device company focused on developing innovative oxygen enrichment technology. The funding, comprising accounts receivable and cash flow loans, will empower Belluscura to expand its operations into the U.S. market, supporting the production and distribution of their groundbreaking oxygen treatment devices.
  • Stoli Group US arm Files for Chapter 11
    December 2, 2024
    Stoli Group's US unit has filed for Chapter 11 bankruptcy in a bid to safeguard its business operations, brands and personnel. The protection, which covers the company's Stoli Group USA LLC and Kentucky Owl LLC entities, was submitted to the United States Bankruptcy Court for the Northern District of Texas.
  • Gateway Fiber Upsizes Credit Facility to $250 Million, Funding Continued Growth in Nationwide Fiber Deployment
    December 4, 2024
    Gateway Fiber, a leading fiber internet provider, is pleased to announce the closing of an incremental $75 million in debt financing. Proceeds from the capital raise will fund continued expansion of Gateway’s fiber network through 2025 in three key markets – Missouri, Minnesota, and Massachusetts.
  • OHA is Administrative Agent & Lead Left Arranger for Private Refinancing of FloWorks
    December 4, 2024
    Oak Hill Advisors (“OHA”) served as Administrative Agent and Lead Left Arranger for the private unitranche facility supporting FloWorks, a portfolio company of Wynnchurch Capital, L.P. (“Wynnchurch”). FloWorks is a leading specialty distributor of critical flow control products and provider of tailored technical solutions for MRO-focused applications.
  • BlackRock Targets Private Credit Growth With $12 Billion HPS Acquisition
    December 4, 2024
    BlackRock (BLK.) will buy private credit firm HPS Investment Partners for about $12 billion in an all-stock deal, the companies said on Tuesday, as the world's largest asset manager seeks to expand in a red-hot market.
  • Study Reveals Global Deal Making Heading for Recovery After Tough Year as Rates are Cut
    December 4, 2024
    Deal-making and financing globally are set for recovery in the year ahead after a tough past 12 months as interest rates ease worldwide, new global research* from Ocorian, the specialist global provider of services to financial institutions, asset managers, corporates and high net worth individuals shows.
  • T-Max Lending LLC Provides $14 Million Loan to Upgrade 203-Unit Apartment Tower in Burlington County, NJ
    December 4, 2024
    T-Max Lending LLC, a leading private loan firm specializing in tailored real estate financing solutions, has announced the successful funding of a $14 million loan to support the renovation and modernization of a 203-unit apartment tower in Burlington County.
  • Hercules Capital Renews and Increases Its Multi-Currency SMBC Credit Facility to $300.0 Million
    December 2, 2024
    Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has renewed and upsized its existing $225.0 million credit facility with Sumitomo Mitsui Banking Corporation (“SMBC”) with an upsized credit facility under which Synovus Bank, Customers Bank and Apple Bank, together with SMBC.
  • Golden Ridge Announces Credit Facility with MM Group Ltda.
    December 2, 2024
    GOLDEN RIDGE RESOURCES LTD. (TSX-V: GLDN) ("Golden Ridge" or the "Company") announces that in connection with its previously announced acquisition (the “Proposed Transaction”) of 80% of the issued and outstanding membership interests in MM Group Ltda. (“MMG”) it has entered into a credit facility agreement dated November 29, 2024, pursuant to which the Company has agreed to advance to MMG up to an aggregate of $950,000 (the “Loan”).
  • Republic Business Credit Provides Factoring Facility to New York Apparel Importer
    December 2, 2024
    A New York-based apparel company has partnered with Republic Business Credit to secure a non-recourse factoring solution, allowing the company to extend payment terms to its customers without assuming additional financial risk. This partnership will enable the company to meet recent, growing demand for its products and solidify customer relationships to support long-term growth potential.
  • Winston & Strawn LLP Advises Kans Capital Investments LLC
    December 2, 2024
    Winston & Strawn LLP advised Kans Capital Investments LLC (Kans), a Mexican private equity fund, in a joint venture arrangement with Castillo Funding, LLC (Castillo), whereby the parties have entered into an agreement to acquire U.S.-based Courtyard and Residence Inn hotels from Annemid PWDP, LLC.
  • Hogan Lovells Adds corporate tax partner in Washington D.C. Continuing Expansion of Corporate & Finance Practice Group
    December 2, 2024
    Global law firm Hogan Lovells announced today that Jay Singer has joined as a tax partner in the firm’s Corporate & Finance practice group in the Washington, D.C. office. Singer, who joins from A&O Shearman advises clients on the tax aspects related to spin-offs, complex M&A, and cross-border transactions.
  • Crown Partners Arranges Senior Financing for Wyandot Snacks
    December 2, 2024
    Crown Partners announces it has successfully arranged senior financing for Wyandot Snacks ("Wyandot"), a portfolio company of Astara Capital Partners. The firm served as exclusive financial advisor to Wyandot in connection with this transaction, which provides increased capital to support its continued growth.
  • Flatbay Capital Hires Jesus Becerra
    December 2, 2024
    Flatbay Capital is proud to announce the addition of Jesus Becerra, Business Development Officer in Austin, Texas. Jesus has extensive experience in banking, finance and business development.
  • Celtic Capital Corporation Provides Funding for Pacific Northwest-based Company Supplying Advanced Structural Composite Assemblies
    December 2, 2024
    Celtic Capital Corporation today announced its most recent new client relationship – a Pacific Northwest-based company supplying advanced structural composite assemblies and components for commercial and military aerospace markets.
  • KeyBank Names Jonathan Munro Senior Director of Business Banking
    December 2, 2024
    KeyBank announced that Jonathan Munro has been named senior director of business banking for KeyBank. In this role, Munro is responsible for building KeyBank’s future operating strategy for the business banking segment of the Consumer Bank, which includes building and strengthening client relationships and growing capabilities in cash management, payments, and other business banking products and services.
  • Lion Electric Announces Additional Amendments to Certain Senior Credit Instruments and Additional Workforce Reductions
    December 2, 2024
    The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, announced today that it has entered into additional amendments to (i) its senior revolving credit agreement entered into with a syndicate of lenders represented by National Bank of Canada, as administrative agent and collateral agent, and including Bank of Montreal and Federation des Caisses Desjardins du Québec
  • LSQ Creates $30MM AR Finance Facility for NY-based Staffing Firm
    December 2, 2024
    LSQ, a leading provider of working capital and payments management solutions, recently originated a $30 million accounts receivable credit facility for a New York-based staffing company.
  • Lilium Group Announces Sale of Xcel Bulk Logistics to the Kenan Advantage Group, Inc.
    December 2, 2024
    Peterson Hawkins and Lilium Group announced the sale of Xcel Bulk Logistics (“XBL”) to the Kenan Advantage Group, Inc. (“KAG”), North America’s largest bulk logistics company. Amerisource provided both debt and equity to support the growth of XBL.
  • Republic Business Credit Fuels Growth for Innovative Manufacturer with $4,000,000 Factoring Facility
    December 2, 2024
    Fueled by a demand for its innovative automated handling solutions, a national manufacturer has partnered with Republic Business Credit to secure a $4,000,000 recourse factoring facility. Republic partnered with an independent private equity sponsor to complete the corporate divestiture of one orphan division that was primed for growth with the right partner.
  • Sallyport Commercial Finance Provides $4M Funding to Further Belluscura’s U.S. Expansion Goals
    December 2, 2024
    Sallyport Commercial Finance is delighted to announce a $4,000,000 funding facility for Belluscura, a trailblazing medical device company focused on developing innovative oxygen enrichment technology. The funding, comprising accounts receivable and cash flow loans, will empower Belluscura to expand its operations into the U.S. market, supporting the production and distribution of their groundbreaking oxygen treatment devices.
  • Stoli Group US arm Files for Chapter 11
    December 2, 2024
    Stoli Group's US unit has filed for Chapter 11 bankruptcy in a bid to safeguard its business operations, brands and personnel. The protection, which covers the company's Stoli Group USA LLC and Kentucky Owl LLC entities, was submitted to the United States Bankruptcy Court for the Northern District of Texas.