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Itafos Announces Amendment and Extension of Its Existing Credit Facilities
September 10, 2024Itafos Inc. (TSX-V: IFOS) (“Itafos” or the “Company”) announced today that it has entered into an amendment of its existing credit facilities with a syndicate of lenders led by RBC Capital Markets, pursuant to which the Company will refinance its existing $85 million loan (with $35.4 million outstanding) and its $35 million letter of credit facility.
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Stellus Capital Management, LLC Provides Unitranche Financing In Support Of DFW Capital Partners' Investment In B&A
September 10, 2024Stellus Capital Management, LLC ("Stellus") announced today that its affiliates provided debt financing and an equity co-investment in support of DFW Capital Partners' ("DFW") investment in B&A (the "Company"), a leading information technology systems integrator on behalf of government agencies.
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Aggreko Energy Transition Solutions Closes $66 Million Financing for its Growing C&I and Community Solar Portfolio
September 10, 2024Aggreko Energy Transition Solutions (ETS), a division of Aggreko, a global leader in energy solutions, today announced the successful closing of a $66 million term loan financing for a 88.5-megawatt (MWdc) diversified portfolio of C&I and community solar assets.
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Buyerlink Secures $41 Million Debt Facility with Citigroup
September 10, 2024Buyerlink, a leading online auction marketplace for performance-based marketing, today announced it has secured a new $41 million debt facility with Citigroup (Citi). This new financing arrangement bolsters Buyerlink's capital structure, enabling it to continue to pursue growth strategies both organically and through strategic acquisitions.
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OHA is Administrative Agent & Lead Left Arranger of Private Unitranche Financing Supporting Carlyle’s Acquisition of Worldpac
September 10, 2024Oak Hill Advisors (“OHA”) served as Administrative Agent and Lead Left Arranger of a private unitranche facility to support Carlyle’s acquisition of Worldpac, Inc. (“Worldpac”), a formerly fully owned subsidiary of Advance Auto Parts, Inc.
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Solifi Named Among Top Fourteen Fast Track FinTech Winners on 2024 IDC FinTech Rankings
September 10, 2024Solifi, a global fintech software partner for secured finance firms, announced it was listed among the top fourteen Fast Track FinTech winners, as well as an IDC Fintech Top 100 company. The 21st annual vendor ranking recognizes the world’s leading hardware, software and service providers in the financial services industry.
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Mitsubishi HC Capital America Collaborates with the Seismic Group and PulPac to Finance Sustainability Equipment and Technology
September 10, 2024Mitsubishi HC Capital America, a leading provider of financing solutions, announces a strategic relationship with the Seismic Group, a US-based leader in sustainability, supply chains, logistics, and procurement and PulPac, the technology owner and licensor of packaging comprised of dry molded fiber.
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Alpine Ridge Funding Provides $5 Million Credit Facility to Global Logistics Company
September 10, 2024Alpine Ridge Funding ("ARF") is pleased to announce the closing of a $5 million senior secured credit facility to an East Coast based logistics provider of importing, freight forwarding and warehousing services nationwide and globally.
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Monroe Capital Supports PrecisionX Group’s Add-on Acquisitions
September 10, 2024Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisitions of Ditron, Inc. (“Ditron”) and MSK Precision Products, Inc. (“MSK”) by PrecisionX Group (“PrecisionX”), an existing portfolio company of CORE Industrial Partners.
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QuickFi® Wins Best Embedded Finance Solution at the 2024 Finovate Awards
September 10, 2024QuickFi® is honored to win Best Embedded Finance Solution at the 2024 Finovate Awards. QuickFi makes business equipment financing fast and efficient for global OEMs, banks, and small business borrowers.
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Cerebro Capital Facilitates Over $150MM in Financings for 13 Companies
September 9, 2024Cerebro Capital recently announced they had facilitated over $150MM in financings for 13 companies. The technology driven commercial lending marketplace to the lower and middle market assisted companies looking for debt across numerous structures including senior and junior cash flow, asset based, equipment financing, recurring revenue, et al.
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Cerebro Capital Facilitates Over $150MM in Financings for 13 Companies
September 9, 2024Cerebro Capital recently announced they had facilitated over $150MM in financings for 13 companies. The technology driven commercial lending marketplace to the lower and middle market assisted companies looking for debt across numerous structures including senior and junior cash flow, asset based, equipment financing, recurring revenue, et al.
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First Citizens Bank Serves as Co-Lead Arranger on $300 Million Credit Facility for Swift Current Energy
September 9, 2024First Citizens Bank today announced that its Energy Finance business served as co-lead arranger on a $300 million senior secured credit facility for Swift Current Energy, a leading North American clean energy platform.
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North Avenue Capital Expands Small Business Lending Nationwide with SBA 7(a) Loans
September 9, 2024- North Avenue Capital, a leader in innovative financing solutions for rural America, is making a significant addition to its lending products thereby extending its reach into urban and suburban communities. As of July 1, 2024, North Avenue Capital is now offering SBA 7(a) loans nationwide, doubling down on its government-guaranteed lending expertise while broadening its service to small businesses beyond rural America.
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Wallis Bank Expands Texas Footprint With the Opening of New Sugar Land Branch
September 9, 2024Wallis Bank is excited to announce the opening of its new full-service branch in Sugar Land, Texas. The branch officially opened on August 28, 2024, marking another significant milestone in Wallis Bank's commitment to supporting the growth and financial well-being of communities across Texas.
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SLR Business Credit Closes New $2 Million Credit Facility for Quantori
September 9, 2024SLR Business Credit ("SLRBC") is pleased to announce the completion of a $2 million credit facility for Quantori. Based in Cambridge, Massachusetts, Quantori is a comprehensive digital IT service provider for the life sciences and healthcare sectors.
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Dan Amato Joins Cahill’s New York Office as a Partner in its Private Credit Practice
September 9, 2024Cahill Gordon & Reindel LLP announced today that Dan Amato has joined the firm in New York, where he will serve as a partner in the Private Credit practice. Dan is the second partner to recently join Cahill’s fast-growing Private Credit practice, following Peter Williams’ arrival from KKR as Co-Head of the practice in July.
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A&C Advisors LLC Expands to United Kingdom, Names Olga Romanova as Director
September 9, 2024A&C Advisors LLC, a strategic advisory firm for the global investment management industry, has expanded to the United Kingdom and named industry veteran Olga Romanova as a Director.
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CIBC Announces Executive Appointments
September 9, 2024CIBC (TSX: CM) (NYSE:CM) President and CEO Victor Dodig today announced senior leadership appointments that position the bank to continue executing on its client-focused strategy and build on its momentum in creating sustainable value for all stakeholders.
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Peter K. Scaturro, Former Partner at Goldman Sachs Global Private Client and Former CEO of Citigroup Global Private Bank, joins Star Mountain Capital as Senior Advisor
September 9, 2024Star Mountain Capital, LLC (“Star Mountain”), a specialized investment manager with over $4.0 billion in assets under management (committed capital including debt facilities as of 8/31/2024) focused on generating defensive, premium yield and total returns from the less efficient and resources-intensive market of U.S. private small and medium-sized businesses (the “lower middle-market”), is pleased to announce that Peter Scaturro has joined as Senior Advisor.
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Itafos Announces Amendment and Extension of Its Existing Credit Facilities
September 10, 2024Itafos Inc. (TSX-V: IFOS) (“Itafos” or the “Company”) announced today that it has entered into an amendment of its existing credit facilities with a syndicate of lenders led by RBC Capital Markets, pursuant to which the Company will refinance its existing $85 million loan (with $35.4 million outstanding) and its $35 million letter of credit facility.
-
Stellus Capital Management, LLC Provides Unitranche Financing In Support Of DFW Capital Partners' Investment In B&A
September 10, 2024Stellus Capital Management, LLC ("Stellus") announced today that its affiliates provided debt financing and an equity co-investment in support of DFW Capital Partners' ("DFW") investment in B&A (the "Company"), a leading information technology systems integrator on behalf of government agencies.
-
Aggreko Energy Transition Solutions Closes $66 Million Financing for its Growing C&I and Community Solar Portfolio
September 10, 2024Aggreko Energy Transition Solutions (ETS), a division of Aggreko, a global leader in energy solutions, today announced the successful closing of a $66 million term loan financing for a 88.5-megawatt (MWdc) diversified portfolio of C&I and community solar assets.
-
Buyerlink Secures $41 Million Debt Facility with Citigroup
September 10, 2024Buyerlink, a leading online auction marketplace for performance-based marketing, today announced it has secured a new $41 million debt facility with Citigroup (Citi). This new financing arrangement bolsters Buyerlink's capital structure, enabling it to continue to pursue growth strategies both organically and through strategic acquisitions.
-
OHA is Administrative Agent & Lead Left Arranger of Private Unitranche Financing Supporting Carlyle’s Acquisition of Worldpac
September 10, 2024Oak Hill Advisors (“OHA”) served as Administrative Agent and Lead Left Arranger of a private unitranche facility to support Carlyle’s acquisition of Worldpac, Inc. (“Worldpac”), a formerly fully owned subsidiary of Advance Auto Parts, Inc.
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Solifi Named Among Top Fourteen Fast Track FinTech Winners on 2024 IDC FinTech Rankings
September 10, 2024Solifi, a global fintech software partner for secured finance firms, announced it was listed among the top fourteen Fast Track FinTech winners, as well as an IDC Fintech Top 100 company. The 21st annual vendor ranking recognizes the world’s leading hardware, software and service providers in the financial services industry.
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Mitsubishi HC Capital America Collaborates with the Seismic Group and PulPac to Finance Sustainability Equipment and Technology
September 10, 2024Mitsubishi HC Capital America, a leading provider of financing solutions, announces a strategic relationship with the Seismic Group, a US-based leader in sustainability, supply chains, logistics, and procurement and PulPac, the technology owner and licensor of packaging comprised of dry molded fiber.
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Alpine Ridge Funding Provides $5 Million Credit Facility to Global Logistics Company
September 10, 2024Alpine Ridge Funding ("ARF") is pleased to announce the closing of a $5 million senior secured credit facility to an East Coast based logistics provider of importing, freight forwarding and warehousing services nationwide and globally.
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Monroe Capital Supports PrecisionX Group’s Add-on Acquisitions
September 10, 2024Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisitions of Ditron, Inc. (“Ditron”) and MSK Precision Products, Inc. (“MSK”) by PrecisionX Group (“PrecisionX”), an existing portfolio company of CORE Industrial Partners.
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QuickFi® Wins Best Embedded Finance Solution at the 2024 Finovate Awards
September 10, 2024QuickFi® is honored to win Best Embedded Finance Solution at the 2024 Finovate Awards. QuickFi makes business equipment financing fast and efficient for global OEMs, banks, and small business borrowers.
-
Cerebro Capital Facilitates Over $150MM in Financings for 13 Companies
September 9, 2024Cerebro Capital recently announced they had facilitated over $150MM in financings for 13 companies. The technology driven commercial lending marketplace to the lower and middle market assisted companies looking for debt across numerous structures including senior and junior cash flow, asset based, equipment financing, recurring revenue, et al.
-
Cerebro Capital Facilitates Over $150MM in Financings for 13 Companies
September 9, 2024Cerebro Capital recently announced they had facilitated over $150MM in financings for 13 companies. The technology driven commercial lending marketplace to the lower and middle market assisted companies looking for debt across numerous structures including senior and junior cash flow, asset based, equipment financing, recurring revenue, et al.
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First Citizens Bank Serves as Co-Lead Arranger on $300 Million Credit Facility for Swift Current Energy
September 9, 2024First Citizens Bank today announced that its Energy Finance business served as co-lead arranger on a $300 million senior secured credit facility for Swift Current Energy, a leading North American clean energy platform.
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North Avenue Capital Expands Small Business Lending Nationwide with SBA 7(a) Loans
September 9, 2024- North Avenue Capital, a leader in innovative financing solutions for rural America, is making a significant addition to its lending products thereby extending its reach into urban and suburban communities. As of July 1, 2024, North Avenue Capital is now offering SBA 7(a) loans nationwide, doubling down on its government-guaranteed lending expertise while broadening its service to small businesses beyond rural America.
-
Wallis Bank Expands Texas Footprint With the Opening of New Sugar Land Branch
September 9, 2024Wallis Bank is excited to announce the opening of its new full-service branch in Sugar Land, Texas. The branch officially opened on August 28, 2024, marking another significant milestone in Wallis Bank's commitment to supporting the growth and financial well-being of communities across Texas.
-
SLR Business Credit Closes New $2 Million Credit Facility for Quantori
September 9, 2024SLR Business Credit ("SLRBC") is pleased to announce the completion of a $2 million credit facility for Quantori. Based in Cambridge, Massachusetts, Quantori is a comprehensive digital IT service provider for the life sciences and healthcare sectors.
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Dan Amato Joins Cahill’s New York Office as a Partner in its Private Credit Practice
September 9, 2024Cahill Gordon & Reindel LLP announced today that Dan Amato has joined the firm in New York, where he will serve as a partner in the Private Credit practice. Dan is the second partner to recently join Cahill’s fast-growing Private Credit practice, following Peter Williams’ arrival from KKR as Co-Head of the practice in July.
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A&C Advisors LLC Expands to United Kingdom, Names Olga Romanova as Director
September 9, 2024A&C Advisors LLC, a strategic advisory firm for the global investment management industry, has expanded to the United Kingdom and named industry veteran Olga Romanova as a Director.
-
CIBC Announces Executive Appointments
September 9, 2024CIBC (TSX: CM) (NYSE:CM) President and CEO Victor Dodig today announced senior leadership appointments that position the bank to continue executing on its client-focused strategy and build on its momentum in creating sustainable value for all stakeholders.
-
Peter K. Scaturro, Former Partner at Goldman Sachs Global Private Client and Former CEO of Citigroup Global Private Bank, joins Star Mountain Capital as Senior Advisor
September 9, 2024Star Mountain Capital, LLC (“Star Mountain”), a specialized investment manager with over $4.0 billion in assets under management (committed capital including debt facilities as of 8/31/2024) focused on generating defensive, premium yield and total returns from the less efficient and resources-intensive market of U.S. private small and medium-sized businesses (the “lower middle-market”), is pleased to announce that Peter Scaturro has joined as Senior Advisor.