TSL Express Daily Articles & News
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Legacy Corporate Lending, New Asset-based Lending Company, Launches With Investment From Bain Capital Credit
Legacy Corporate Lending (“Legacy”) a new asset-based lending (ABL) company, today announced its launch as an independent lender focused on serving the needs of middle market companies across North America. Legacy is launching with a significant equity investment from funds managed by a subsidiary of Bain Capital Credit, L.P., (“Bain Capital Credit”), a leading global credit specialist.
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Interview with Terry Keating, CEO of Access Capital
In June, Access Capital, a leading independent lender to the staffing industry, announced it named Terry Keating chief executive officer. Recently TSL Express’ senior editor met with Keating to discuss how his career trajectory helped prepare him for this role, his goals and responding to some of the challenges the industry is experiencing.
TSL Express Daily Headlines & News
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Altriarch Specialty Finance Funds $43.5 Million to Multiple Factoring Companies
November 8, 2023Altriarch Specialty Finance Fund, LP (“Altriarch”), a leading private credit manager based in Charleston, South Carolina, recently provided $43.5 million in committed capital to specialty finance lenders across the U.S. Altriarch offers flexible capital solutions in the form of senior, mezzanine and participation capital, with a maximum of $50 million per borrower.
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Altriarch Specialty Finance Funds $43.5 Million to Multiple Factoring Companies
November 8, 2023Altriarch Specialty Finance Fund, LP (“Altriarch”), a leading private credit manager based in Charleston, South Carolina, recently provided $43.5 million in committed capital to specialty finance lenders across the U.S. Altriarch offers flexible capital solutions in the form of senior, mezzanine and participation capital, with a maximum of $50 million per borrower.
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Altriarch Specialty Finance Funds $43.5 Million to Multiple Factoring Companies
November 7, 2023Altriarch Specialty Finance Fund, LP (“Altriarch”), a leading private credit manager based in Charleston, South Carolina, recently provided $43.5 million in committed capital to specialty finance lenders across the U.S. Altriarch offers flexible capital solutions in the form of senior, mezzanine and participation capital, with a maximum of $50 million per borrower.
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J D Factors Provides $10.2 Million in New Factoring Facilities
November 7, 2023J D Factors provided $10,2100,000 in new factoring facilities to 28 new clients in the US and Canada during the month of September.
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J D Factors Provides $10.2 Million in New Factoring Facilities
November 7, 2023J D Factors provided $10,2100,000 in new factoring facilities to 28 new clients in the US and Canada during the month of September.
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J D Factors Provides $10.2 Million in New Factoring Facilities
November 7, 2023J D Factors provided $10,2100,000 in new factoring facilities to 28 new clients in the US and Canada during the month of September.
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J D Factors Provides $10.2 Million in New Factoring Facilities
November 7, 2023J D Factors provided $10,2100,000 in new factoring facilities to 28 new clients in the US and Canada during the month of September.
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J D Factors Provides $10.2 Million in New Factoring Facilities
November 7, 2023J D Factors provided $10,2100,000 in new factoring facilities to 28 new clients in the US and Canada during the month of September.
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J D Factors Provides $10.2 Million in New Factoring Facilities
November 7, 2023J D Factors provided $10,2100,000 in new factoring facilities to 28 new clients in the US and Canada during the month of September.
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GTCR Announces Promotions and New Leadership for Portfolio Resources Group
November 7, 2023GTCR, a leading private equity firm, announced today the promotions of Jeff Wright to Managing Director and Cameron Rouzer to Principal, along with the promotions of Travis Krueger and Joseph Rubino to serve as Co-Heads of the firm's Portfolio Resources Group (PRG).
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BizCap Assists Performant Financial in Securing a $25MM Revolving Loan Facility with Wells Fargo
November 7, 2023BizCap®, a commercial finance advisory firm established in 2002, is pleased to announce that it has assisted Performant Financial, primarily operating under subsidiary Performant Healthcare Solutions in securing a $25MM credit facility.
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Tradewind Finance Named Best Factoring Company Germany 2023 and Best NBFI Management Team Germany 2023
November 7, 2023Tradewind Finance, an international trade finance company with headquarters in Germany, has been named winners of the 2023 Global Banking & Finance Awards® for Best Factoring Company Germany 2023 and Best NBFI Management Team Germany 2023.
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Monroe Capital Supports Wind Point Partners’ Acquisition of Central Moloney
November 7, 2023Founded in 1949 and based in Pine Bluff, Arkansas, CMI is a leading manufacturer of critical infrastructure products for the U.S. electrical grid, including distribution transformers and associated components. CMI recently opened an additional facility in Panama City Beach, Florida, to support growing demand for electrification and the modernization and improved weather resiliency of electrical infrastructure.
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Kilkenney Joins CohnReznick as Principal and Chief People Officer
November 7, 2023CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Kimberly Kilkenney has joined the firm as Principal and Chief People Officer. In this role, Kilkenney will collaborate with firm leadership to execute on the strategy of providing a best-in-class people experience across a global footprint.
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WeWork Takes Strategic Action to Significantly Strengthen Balance Sheet and Further Streamline Real Estate Footprint
November 7, 2023WeWork Inc. (NYSE: WE) (“WeWork” or “the Company”), the leading global flexible space provider, today announced that it has commenced a comprehensive reorganization to strengthen its capital structure and financial performance and best position the Company for future success.
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Communication And Due Diligence Critical for Successful AIFM Switching, Ocorian States
November 7, 2023Poor communication and mistakes with due diligence are the biggest issues for alternative investment fund managers switching administrators, Ocorian, the specialist provider of alternative fund services and global leader in entity administration, fiduciary and compliance solutions warns.
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Altriarch Specialty Finance Funds $43.5 Million to Multiple Factoring Companies
November 6, 2023Altriarch Specialty Finance Fund, LP (“Altriarch”), a leading private credit manager based in Charleston, South Carolina, recently provided $43.5 million in committed capital to specialty finance lenders across the U.S. Altriarch offers flexible capital solutions in the form of senior, mezzanine and participation capital, with a maximum of $50 million per borrower.
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Chicago Atlantic Funds Term Loan to Halo CollarTM
November 6, 2023Chicago Atlantic announced it closed a secured term loan with Halo Collar™, the AI-driven dog collar that utilizes proprietary technology to offer highly accurate GPS dog fencing solutions.
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New Fortress Energy Closes $856 Million Loan Credit Facility
November 6, 2023Global energy infrastructure company New Fortress Energy Inc. announced the closing of its $856 million aggregate principal amount of a senior secured term loan credit facility due in 2028, according to an Oct. 30 release.
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A&G Announces Plan to Sell Additional Store Leases in Connection with Rite Aid’s Financial Restructuring
November 6, 2023A&G Real Estate Partners, in its capacity as real estate advisor to Rite Aid Corporation (“Rite Aid” or the “Company”), today announced plans to market for sale a second tranche of neighborhood pharmacy leases, pending approval by the U.S. Bankruptcy Court for the District of New Jersey.
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