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  • Tenet Secures Credit Facility of Up to $5M and Terminates Private Placement Financing
    July 22, 2024
    Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it has secured a credit facility of up to $5,000,000 from Petiana Capital Inc. ("PCI"), and has terminated its ongoing private placement of units of convertible debentures and warrants whereby the Company was looking to raise an additional $5,000,000 (the "Financing").
  • Gibraltar Business Capital Provides $12.5MM to Disruptive Consumer Goods Company
    July 22, 2024
    Starco Brands (STCB), which has five brands under one company umbrella, has been actively expanding its offerings by inventing and acquiring behavior-changing brands and technologies, including Soylent Nutrition, Skylar Body, Art of Sport, Whipshots, and Winona.
  • Great Rock Capital Provides $25 Million of Liquidity to a Sponsor-Owned Pet Supply Company
    July 22, 2024
    Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced that it has provided $25 million of liquidity through a senior secured credit facility to Phillips Pet Food & Supplies (“Phillips”).
  • Kawasaki Motors Finance Corporation Extends Partnership with Solifi in North America
    July 22, 2024
    Solifi, a global fintech software partner for secured finance, announced that Canadian Kawasaki Motors Finance Corporation (CKMFC) has successfully migrated its Canadian operations to Solifi Wholesale Finance, expanding its usage across North America.
  • Leslie Berkoff & Theresa Driscoll Named To Lawdragon's 500 Leading U.S. Bankruptcy & Restructuring Lawyers For 2024 ​
    July 22, 2024
    Moritt Hock & Hamroff announced today that Leslie Berkoff and Theresa Driscoll, Partners of the firm, have been recognized by Lawdragon as 500 Leading U.S. Bankruptcy & Restructuring Lawyers for 2024. The annual Lawdragon 500 Leading Lawyers in America is the most elite distinction in the profession, covering the best of the best in all practice areas.
  • Gridiron Capital Completes Fifth Partnership in GarageCo, Quality Overhead Door
    July 22, 2024
    Gridiron Capital, LLC (“Gridiron Capital” or “Gridiron”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, successfully closed its fifth partnership under the GarageCo Holdings, LLC (“GarageCo” or the “Company”) platform, with Quality Overhead Door (“QOD”). QOD, based in Toledo, Ohio, is a family-owned and operated provider of repair and replacement services for residential and commercial garage doors.
  • Stonebriar Commercial Finance Closes $25 Million to a Regional Lumber Company
    July 22, 2024
    Stonebriar Commercial Finance (“Stonebriar”) today announced the closing of an incremental $25MM secured term loan to a major regional lumber company. The loan is secured by all production equipment and other assets such as rolling stock, real estate and timber tracts.
  • DataCore Secures US$60 Million in Funding to Accelerate Growth and Innovation
    July 22, 2024
    DataCore Software, an industry leader in the data infrastructure and management space, has achieved a significant milestone by raising US$60 million in a financing round led by Vistara Growth, a provider of flexible growth capital to innovative technology companies.
  • Davis Polk Welcomes Sponsor Finance Partner Nick Caro
    July 22, 2024
    Mr. Caro represents a wide range of clients, including private equity firms and their portfolio companies, public and private companies, family offices, private wealth funds, and other issuers and investors.
  • NineDot Energy Closes $25 Million Revolving Credit Facility with NY Green Bank (NYGB)
    July 22, 2024
    Dot Energy®, a leading developer of community-scale clean energy projects, today announced the closing of a new $25 million revolving credit debt facility provided by NY Green Bank (NYGB), a division of the New York State Energy Research and Development Authority (NYSERDA).
  • goeasy Ltd. Announces Increase to Revolving Credit Facility
    July 22, 2024
    goeasy Ltd. (TSX: GSY), ("goeasy" or the "Company"), one of Canada's leading consumer lenders focused on delivering a full suite of financial services to Canadians with non-prime credit, announced today that it has completed an amendment to increase its existing senior secured revolving credit facility (the "Credit Facility"), including a term extension, borrowing enhancements and the addition of three new lenders.
  • Litigation Lending Services Announces a New $35 Million Credit Facility
    July 22, 2024
    Litigation Lending Services (LLS), a pioneering force in the litigation funding industry for over 25 years, proudly announces the completion of a strategic $35 million credit facility with a leading Australian based global alternative asset manager. This credit facility further bolsters the Company’s robust financial structure in tandem with its existing fund and balance sheet.
  • Autoliv Secures $125 Million Revolving Credit Facility
    July 22, 2024
    Autoliv (NYSE:ALV) Inc., a global leader in automotive safety systems, has entered into a $125 million revolving credit agreement with Standard Chartered (OTC:SCBFF) Bank, announced on Thursday. The five-year facility, which matures on May 23, 2029, will bolster the company's financial flexibility and support general corporate functions.
  • Wingspire Capital Agents $110 Million Revolver to Phillips Pet Food & Supplies
    July 22, 2024
    Wingspire Capital agented a $110 million senior secured revolving credit facility to Phillips Pet Food & Supplies. The credit facility was used to refinance existing debt and provide enhanced liquidity as the business continues to grow and expand its brand offering.
  • Trinity Capital Inc. Funds Record $474 Million in the First Half of 2024
    July 22, 2024
    - Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced certain highlights for the first half and second quarter of 2024. Trinity funded a record $474 million of investments in the first half of 2024 and originated $289 million of total new commitments in the second quarter,
  • WSFS Announces Stacey Ioia as Senior Vice President, Director of Enterprise Fraud Risk Management
    July 22, 2024
    WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the hire of Stacey Ioia as Senior Vice President, Director of Enterprise Fraud Risk Management, reporting to Michael Dzielak, Senior Vice President, Director of Financial Crimes.
  • Whitney Ehrlich Joins H.I.G. Capital as Head of U.S. Private Wealth Management
    July 22, 2024
    H.I.G. Capital (“H.I.G.” or the “Firm”), a leading global alternative investment firm with $64 billion of capital under management, is pleased to announce that Whitney Ehrlich has joined the firm as Managing Director and Head of Private Wealth Management in its Capital Formation Group.
  • TPG Angelo Gordon to Provide Exclusive Growth Capital for Andover Storage Lending
    July 22, 2024
    TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG, is excited to announce that it is serving as the exclusive financing partner of Andover Storage Lending, a recently launched platform that seeks to originate non-recourse financing for self-storage sponsors nationally. This partnership meaningfully expands TPG Angelo Gordon’s relationship with Andover Properties, a leading owner and operator of storage properties nationwide.
  • Terminated Private Equity Deal Downtrend Signals Improving M&A Climate
    July 22, 2024
    The number of terminated private equity-backed deals globally fell 86.2% year over year to just four in the second quarter, according to data from S&P Global Market Intelligence The decrease in terminated deals suggests a stronger closing momentum in recent periods, as buyers and sellers bridge valuation gaps more effectively.
  • Cart.com Secures $105 Million in Debt Refinancing from BlackRock
    July 22, 2024
    Cart.com (the “Company”), a leading provider of unified commerce and logistics solutions that enable merchants to sell and fulfill wherever their customers are, today announced it has secured a $105 million term loan facility provided by funds and accounts managed by BlackRock (“BlackRock”).