• Great Rock Capital Provides $30 Million to a Portfolio Company of Crossplane Capital
    August 26, 2024
    Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the closing of a $30 million revolving credit facility for a specialty rental platform, which is a portfolio company of Crossplane Capital.
  • Blank Rome Continues Growth in Boston with Addition of Corporate Partner Fraser Collin
    August 26, 2024
    Blank Rome LLP is pleased to announce that Fraser Collin has joined the firm’s Boston office as a partner in the Corporate, M&A, and Securities group. Fraser will focus his practice on advising clients on mergers and acquisitions (“M&A”), and private equity and venture capital financings, as well as serving as outside general counsel.
  • Flow Capital Announces US$15 Million Credit Facility
    August 26, 2024
    Flow Capital Corp. (TSXV: FW) ("Flow Capital" or the "Company"), a leading provider of growth venture debt in the form of senior secured loans to high-growth companies, is pleased to announce that it has entered into a loan agreement (the "Loan Agreement") with TBK Bank, SSB (“Triumph”), for a revolving committed credit facility in the principal amount of up to US$15 million.
  • Seylan Bank Relaunches New Factoring Financial Services to Enterprising Businesses
    August 26, 2024
    Seylan Bank has expanded their comprehensive suite of financial services with Seylan Factoring, a means for clients to raise funds by trading outstanding trade receivables. Unlike traditional lending, which may consider a broader range of factors and sources for repayment, factoring is primarily dependent on the receivables' quality and collection for setting up the facility.
  • Factoring Market to Grow by USD 2.2 Trillion (2024-2028) Driven by MSMEs' Need for Alternative Financing, AI's Role in Market Trends - Technavio Report
    August 26, 2024
    The global factoring market size is estimated to grow by USD 2.19 trillion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 8.8% during the forecast period. Growing need for alternative sources of financing for msmes is driving market growth, with a trend towards advent of blockchain in factoring services.
  • BriteCap Financial Secures $150M Credit Facility
    August 26, 2024
    BriteCap Financial LLC ("BriteCap"), a data-driven financial services company dedicated to improving the financial health of America's small businesses, today announced the establishment of a new receivable financing facility from funds managed by One William Street Capital Management affiliates ("OWS Funds").
  • Pearlmark Announces First Closing of Sixth Mezzanine Fund
    August 26, 2024
    Pearlmark is pleased to announce the first closing of its sixth high-yield credit investment fund, Pearlmark Mezzanine Realty Partners VI, L.P. (“Pearlmark Mezz VI” or the “Fund”). Pearlmark Mezz VI will serve as the firm’s exclusive subordinated debt investment vehicle, fulfilling borrower demand for gap financing solutions on recapitalizations, acquisitions, and development projects.
  • Piper Sandler Completes Acquisition of Aviditi Advisors
    August 26, 2024
    Piper Sandler Companies (NYSE: PIPR), a leading investment bank, today announced that it has completed the acquisition of Aviditi Advisors. Aviditi Advisors is a premier alternative investment bank providing full lifecycle services to financial sponsors, global alternative investment managers and limited partner investors.
  • IDB Bank Announces Jeremy Cramer as Head of California Commercial Real Estate
    August 26, 2024
    IDB Bank, a New York-based private and commercial bank, announced the appointment of Jeremy Cramer as its new Senior Vice President and Head of California Commercial Real Estate (CRE). In this role, he will lead balance sheet CRE lending across the Bank's west coast operations, overseeing loan originations, asset management, operations and deposit gathering.
  • Gannett Announces Commitment Letter to Secure New Credit Facility to Refinance Existing Debt
    August 26, 2024
    Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) announced today it has entered into a commitment letter for a comprehensive debt refinancing that is expected to extend our debt maturities and significantly reduce future dilution from the Company’s 6.0% Senior Secured Convertible Notes due 2027 (the “2027 Notes”).
  • A&O Shearman Expands U.S. Debt Finance Team with Addition of Alyssa Simon, High Yield Partner
    August 26, 2024
    Alyssa was most recently at a leading investment bank in both London and New York where she was an executive director in leveraged finance, originating, structuring and executing large-cap, high-profile transactions for corporate and private capital clients. Her practice focuses on high-yield bond transactions used by private equity-backed issuers in complex domestic and cross-border acquisition financing.
  • Accession Risk Management Group Closes $1 Billion Financing to Further Accelerate Growth of Risk Strategies and One80 Intermediaries
    August 26, 2024
    Accession Risk Management Group, the parent company of Risk Strategies and One80 Intermediaries comprising North America’s ninth largest privately held insurance broker, has closed a $1 billion incremental debt raise and refinancing. The funding will further accelerate a remarkable growth trajectory driven by the continued acquisition of leading specialty brokerages and targeted organic expansion.
  • Oaktree and AVANA Companies Launch $250 Million Joint Venture
    August 26, 2024
    AVANA Companies, in collaboration with funds managed by Oaktree Capital Management, L.P., has announced the establishment of a $250 million joint venture named the AVANA-Oaktree Private Credit Partnership. This partnership is designed to support AVANA’s direct private commercial real estate lending strategy within the United States over the next three years.
  • SFNet Key Sponsor Highlight: Hilco Global
    August 23, 2024
    Hilco Global is a privately held diversified financial services company and the world’s preeminent authority on maximizing the value of assets for both healthy and distressed companies.
  • Obra Capital Announces Credit Facility Refinancing and Access to Growth Capital
    August 22, 2024
    Obra Capital, Inc. (“Obra”), an asset management firm with a specialized approach to alternative investing, today announced that it has secured new funded and unfunded credit facilities. Proceeds from the new facilities were used to retire Obra’s existing publicly-syndicated debt and provide growth capital to the Obra platform.
  • Liberty Defense Announces $4.3 Million USD Credit Facility With Parabilis to Support Working Capital
    August 22, 2024
    Liberty Defense Holdings Ltd., a leading technology provider of Artificial Intelligence (AI) based next generation detection solutions for protecting secure locations against prohibited weapons and other threats, is pleased to announce that it has secured a term loan and revolving credit facility with US Government funding specialist Parabilis.
  • Development Site Near Hollywood Walk of Fame Now Available
    August 22, 2024
    A&G Real Estate Partners and Onyx Asset Advisors (ONYX) are accepting offers for a nearly 10,000-square-foot development parcel just steps away from the Hollywood Walk of Fame.
  • Monroe Capital Supports Huron Capital’s Rampart Exterior Services Add-on Acquisition
    August 22, 2024
    Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Independent Roofing Systems (“Independent”) by Rampart Exterior Services (“Rampart”), a portfolio company of Huron Capital.
  • US Regional Bank Deals Rise as Lenders aim to Bolster Balance Sheets
    August 22, 2024
    Regional lenders at the heart of last year's banking crisis are cutting more deals to shore up their balance sheets and compete with rivals, extending a wave of consolidation in the sector that may attract anti-trust scrutiny.
  • Wynnchurch Capital Announces Two Promotions and Five New Hires
    August 22, 2024
    Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle-market private equity firm, announced today two promotions: Carl Howe: Promoted to Managing Director, Investment Team and Brian Riordan: Promoted to Managing Director, Investment Team
  • Great Rock Capital Provides $30 Million to a Portfolio Company of Crossplane Capital
    August 26, 2024
    Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the closing of a $30 million revolving credit facility for a specialty rental platform, which is a portfolio company of Crossplane Capital.
  • Blank Rome Continues Growth in Boston with Addition of Corporate Partner Fraser Collin
    August 26, 2024
    Blank Rome LLP is pleased to announce that Fraser Collin has joined the firm’s Boston office as a partner in the Corporate, M&A, and Securities group. Fraser will focus his practice on advising clients on mergers and acquisitions (“M&A”), and private equity and venture capital financings, as well as serving as outside general counsel.
  • Flow Capital Announces US$15 Million Credit Facility
    August 26, 2024
    Flow Capital Corp. (TSXV: FW) ("Flow Capital" or the "Company"), a leading provider of growth venture debt in the form of senior secured loans to high-growth companies, is pleased to announce that it has entered into a loan agreement (the "Loan Agreement") with TBK Bank, SSB (“Triumph”), for a revolving committed credit facility in the principal amount of up to US$15 million.
  • Seylan Bank Relaunches New Factoring Financial Services to Enterprising Businesses
    August 26, 2024
    Seylan Bank has expanded their comprehensive suite of financial services with Seylan Factoring, a means for clients to raise funds by trading outstanding trade receivables. Unlike traditional lending, which may consider a broader range of factors and sources for repayment, factoring is primarily dependent on the receivables' quality and collection for setting up the facility.
  • Factoring Market to Grow by USD 2.2 Trillion (2024-2028) Driven by MSMEs' Need for Alternative Financing, AI's Role in Market Trends - Technavio Report
    August 26, 2024
    The global factoring market size is estimated to grow by USD 2.19 trillion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 8.8% during the forecast period. Growing need for alternative sources of financing for msmes is driving market growth, with a trend towards advent of blockchain in factoring services.
  • BriteCap Financial Secures $150M Credit Facility
    August 26, 2024
    BriteCap Financial LLC ("BriteCap"), a data-driven financial services company dedicated to improving the financial health of America's small businesses, today announced the establishment of a new receivable financing facility from funds managed by One William Street Capital Management affiliates ("OWS Funds").
  • Pearlmark Announces First Closing of Sixth Mezzanine Fund
    August 26, 2024
    Pearlmark is pleased to announce the first closing of its sixth high-yield credit investment fund, Pearlmark Mezzanine Realty Partners VI, L.P. (“Pearlmark Mezz VI” or the “Fund”). Pearlmark Mezz VI will serve as the firm’s exclusive subordinated debt investment vehicle, fulfilling borrower demand for gap financing solutions on recapitalizations, acquisitions, and development projects.
  • Piper Sandler Completes Acquisition of Aviditi Advisors
    August 26, 2024
    Piper Sandler Companies (NYSE: PIPR), a leading investment bank, today announced that it has completed the acquisition of Aviditi Advisors. Aviditi Advisors is a premier alternative investment bank providing full lifecycle services to financial sponsors, global alternative investment managers and limited partner investors.
  • IDB Bank Announces Jeremy Cramer as Head of California Commercial Real Estate
    August 26, 2024
    IDB Bank, a New York-based private and commercial bank, announced the appointment of Jeremy Cramer as its new Senior Vice President and Head of California Commercial Real Estate (CRE). In this role, he will lead balance sheet CRE lending across the Bank's west coast operations, overseeing loan originations, asset management, operations and deposit gathering.
  • Gannett Announces Commitment Letter to Secure New Credit Facility to Refinance Existing Debt
    August 26, 2024
    Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) announced today it has entered into a commitment letter for a comprehensive debt refinancing that is expected to extend our debt maturities and significantly reduce future dilution from the Company’s 6.0% Senior Secured Convertible Notes due 2027 (the “2027 Notes”).
  • A&O Shearman Expands U.S. Debt Finance Team with Addition of Alyssa Simon, High Yield Partner
    August 26, 2024
    Alyssa was most recently at a leading investment bank in both London and New York where she was an executive director in leveraged finance, originating, structuring and executing large-cap, high-profile transactions for corporate and private capital clients. Her practice focuses on high-yield bond transactions used by private equity-backed issuers in complex domestic and cross-border acquisition financing.
  • Accession Risk Management Group Closes $1 Billion Financing to Further Accelerate Growth of Risk Strategies and One80 Intermediaries
    August 26, 2024
    Accession Risk Management Group, the parent company of Risk Strategies and One80 Intermediaries comprising North America’s ninth largest privately held insurance broker, has closed a $1 billion incremental debt raise and refinancing. The funding will further accelerate a remarkable growth trajectory driven by the continued acquisition of leading specialty brokerages and targeted organic expansion.
  • Oaktree and AVANA Companies Launch $250 Million Joint Venture
    August 26, 2024
    AVANA Companies, in collaboration with funds managed by Oaktree Capital Management, L.P., has announced the establishment of a $250 million joint venture named the AVANA-Oaktree Private Credit Partnership. This partnership is designed to support AVANA’s direct private commercial real estate lending strategy within the United States over the next three years.
  • SFNet Key Sponsor Highlight: Hilco Global
    August 23, 2024
    Hilco Global is a privately held diversified financial services company and the world’s preeminent authority on maximizing the value of assets for both healthy and distressed companies.
  • Obra Capital Announces Credit Facility Refinancing and Access to Growth Capital
    August 22, 2024
    Obra Capital, Inc. (“Obra”), an asset management firm with a specialized approach to alternative investing, today announced that it has secured new funded and unfunded credit facilities. Proceeds from the new facilities were used to retire Obra’s existing publicly-syndicated debt and provide growth capital to the Obra platform.
  • Liberty Defense Announces $4.3 Million USD Credit Facility With Parabilis to Support Working Capital
    August 22, 2024
    Liberty Defense Holdings Ltd., a leading technology provider of Artificial Intelligence (AI) based next generation detection solutions for protecting secure locations against prohibited weapons and other threats, is pleased to announce that it has secured a term loan and revolving credit facility with US Government funding specialist Parabilis.
  • Development Site Near Hollywood Walk of Fame Now Available
    August 22, 2024
    A&G Real Estate Partners and Onyx Asset Advisors (ONYX) are accepting offers for a nearly 10,000-square-foot development parcel just steps away from the Hollywood Walk of Fame.
  • Monroe Capital Supports Huron Capital’s Rampart Exterior Services Add-on Acquisition
    August 22, 2024
    Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Independent Roofing Systems (“Independent”) by Rampart Exterior Services (“Rampart”), a portfolio company of Huron Capital.
  • US Regional Bank Deals Rise as Lenders aim to Bolster Balance Sheets
    August 22, 2024
    Regional lenders at the heart of last year's banking crisis are cutting more deals to shore up their balance sheets and compete with rivals, extending a wave of consolidation in the sector that may attract anti-trust scrutiny.
  • Wynnchurch Capital Announces Two Promotions and Five New Hires
    August 22, 2024
    Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle-market private equity firm, announced today two promotions: Carl Howe: Promoted to Managing Director, Investment Team and Brian Riordan: Promoted to Managing Director, Investment Team