- Audax Private Debt Provides Financing to Support Comvest Private Equity’s Acquisition of Riccobene Associates Family Dentistry
- Transom Capital Adds Dana Goldstein to Lead Investor Relations and Marketing
- Cadence Bank Welcomes Brad Silcox as President of Asset Management & Trust Group
- Asset-Based Lending & Factoring Surveys
- Chainlink Joins Banco Inter, Microsoft and 7Comm Consortium to Support Trade Finance use Case in Phase 2 of Drex Pilot
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
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Holland & Knight Strengthens Finance Practice in Los Angeles with Additions of Hamid Namazie, Yoojin Lee and Mark Spitzer
Hamid Namazie, Yoojin Lee and Mark Spitzer, three highly regarded finance attorneys in Los Angeles, have joined Holland & Knight's Financial Services Team as partners. They will also be members of the firm's Asset-Based Lending Team. Mr. Namazie, Ms. Lee and Mr. Spitzer join the firm from McGuireWoods LLP, where Mr. Namazie served as managing partner of the firm's downtown Los Angeles office.
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Disbanding the Change-Prevention Committee
The way an organization handles change is critical to its success, particularly during periods of uncertainty. In the year 500 B.C., the Greek philosopher Heraclitus observed that life was in flux, with everything constantly on the verge of becoming something else. He noted that resisting this natural flow was a hindrance to progress and growth in all aspects of life.
Resistance, however, has proven to be a very normal human response to change over the centuries and in organizations today, often manifests itself in the form of the formidable Change-Prevention Committee.
TSL Express Daily Headlines & News
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SSG Places Debt Financing for Winona Foods, Inc.
January 11, 2024SSG Capital Advisors, LLC (“SSG”) acted as investment banker to Winona Foods, Inc. (“Winona Foods” or the “Company”) in the private placement of a term loan. The term loan was placed alongside a revolving credit facility.
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Citizens M&A Outlook Finds Surging Enthusiasm Supported by Unexpected Factors
January 11, 2024Citizens’ 2024 M&A Outlook revealed optimism around the environment for dealmaking activity this year, underpinned by solid expectations for the U.S. economy and a pop in enthusiasm, especially among buyers. The annual survey of 400 leaders at U.S. middle-market companies and private equity firms also uncovered notable trends related to interest in artificial intelligence (AI) assets, international dealmaking and the upcoming U.S. election that provide support for the upbeat forecast.
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Abacus Finance Provides Senior Debt Financing to Support the Leveraged Buyout of Bellwether Media by Lineage Capital
January 11, 2024Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of lower middle-market companies – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Sole Lender for senior secured credit facilities to support the leveraged buyout of Bellwether Media by Lineage Capital.
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SFNet Southern California President Announcement
January 11, 2024Happy New Year! As we welcome in 2024, I wanted to say hi and introduce myself as the new President of the SFNet SoCal (formerly the CFCC). I remember when I attended my first CFCC event in the early 90’s during my time at Foothill Capital.
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VINCI Successfully Renews its Syndicated Revolving Credit Facility
January 10, 2024VINCI SA announces that it has entered into an agreement with a syndicate of 23 core relationship banks, which was signed on 9 January 2024, to amend its revolving credit facility.
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Rail Vision Secures $6 Million Credit Facility
January 10, 2024Rail Vision Ltd. (the “Company”) (Nasdaq: RVSN), a technology company at the forefront of revolutionizing railway safety and the data-related market, today announced the establishment of a $6 million credit facility (the "Credit Facility") and an additional amount of up to $3 million, subject to certain conditions (the “Additional Loans”), with a global investment firm (the “Lender”).
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Cambridge Wilkinson Investment Bank Closes Senior Secured Loan Facility for Supply Chain Finance Company
January 10, 2024Cambridge Wilkinson (“CW”) is pleased to announce the closing of the senior secured credit facility for a leading provider of supply chain finance. Our client has developed a vendor-finance platform designed to improve the financial performance of the supply chain.
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Rosenthal Closes Two Asset-Based Lending Transactions In Late 2023, Totaling $8 Million
January 10, 2024Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of two recent asset-based lending transactions totaling $8 million.
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Rosenthal Closes Two Asset-Based Lending Transactions In Late 2023, Totaling $8 Million
January 10, 2024Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of two recent asset-based lending transactions totaling $8 million.
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Kash Ahmad Joins eCapital as Chief Credit Officer, Factoring Group
January 10, 2024eCapital Corp. ("eCapital" or "the Company") is pleased to announce the appointment of Kash Ahmad as Chief Credit Officer, Factoring Group. In this critical role, Ahmad, an experienced global finance expert, will be responsible for overseeing the credit and operational functions of the Company’s North American Factoring Group.
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Blank Rome Welcomes Prominent White Collar and Complex Litigation Team in New York
January 10, 2024Blank Rome LLP is pleased to welcome a leading team of five attorneys to the firm’s White Collar Defense & Investigations group in New York, bolstering the firm’s litigation capabilities. Led by partners David Spears, Linda Imes, and Chris Dysard, the group includes associates Michael Donohue and Rebecca Orel, as well as four business professionals.
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Franklin Capital Welcomes Bob Corley as Their Newest Credit Analyst
January 10, 2024Franklin Capital, an independent A/R and PO finance company, proudly announces the appointment of Bob Corley as Credit Analyst. He brings an extensive background in financial analysis and a stellar track record.
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Garrington Capital Announces $1.2 Million Term Loan to Multi-National Truck Part Supplier
January 10, 2024Garrington Capital (garringtoncapital.com), a leading provider of capital solutions to middle- market companies in the United States and Canada, is pleased to announce the closing of a $1.2mm Senior Secured Term Loan (the “Loan”) to the US subsidiary of a multi-national manufacturer of spare parts for heavy-duty commercial vehicles.
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Getzler Henrich Names Daniel O’Brien Managing Director
January 10, 2024Daniel O’Brien has joined Getzler Henrich & Associates, (getzlerhenrich.com) one of the nation’s oldest and most respected middle-market corporate restructuring and operations improvement firms, as a Managing Director in the firm’s New York Office.
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Gridiron Capital Promotes Andrew Kahn and Nick Weido to Principal
January 10, 2024Gridiron Capital, LLC (“Gridiron Capital” or “Gridiron”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce that Andrew Kahn and Nick Weido have been promoted to Principal.
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LBC Credit Partners Supports Growth Financing for Ambient Enterprises
January 10, 2024LBC Credit Partners (“LBC”), one of the leading providers of financing solutions to middle market companies, provided a senior secured credit facility to Ambient Enterprises LLC (“Ambient”), a portfolio company of Intermediate Capital Group (“ICG”). The financing helped support Ambient’s refinancing of its existing debt facility, the recent partnership with Johnson Barrow & DMG HVAC, and ongoing organic and inorganic growth initiatives.
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Quasar Capital Partners Announces New Senior Lending Facility With Texas Capital
January 10, 2024Quasar Capital Partners, a diversified asset-based lender and factor based in Austin, TX, announced it has closed a new senior $30 million lending facility and an accordion feature to $ 40 million with Texas Capital to further expand its funding capabilities.
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Keepit Secures $40 Million in Refinancing From HSBC Innovation Banking to Boost Growth
January 10, 2024Keepit has today announced HSBC Innovation Banking, the global, specialised banking partner for businesses in cutting-edge sectors, has provided a $40 million refinancing package in partnership with The Export and Investment Fund of Denmark (EIFO).
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Morrison Foerster Welcomes Tammy Davies as a Finance Partner in New York
January 10, 2024Morrison Foerster, a leading global law firm, is pleased to announce the arrival of Tammy C. Davies as a partner in the firm's Finance Group, based in the New York office. Davies brings to the firm deep experience representing alternative lenders and investors in complex credit arrangements.
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KeyCorp Appoints Darrin Benhart as new Chief Risk Officer
January 10, 2024KeyCorp (NYSE:KEY) has announced the appointment of Darrin Benhart as the new Chief Risk Officer (CRO), effective as of January 1, 2024. Benhart, who previously served as the Deputy Chief Risk Officer, succeeds Mark Midkiff following his retirement, which was part of a planned succession announced in November
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The Secured Lender
SFNet's 80th Annual Convention Issue