TSL Express Industry Deals

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  • The Pennant Group Announces New $250 Million Credit Facility
    August 5, 2024
    The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced that the Company has increased its credit facility by $100 million to an aggregate of $250 million. The borrowings are supported by a lending consortium arranged by Truist Securities.
  • Eclipse Business Capital Provides an $80MM ABL Credit Facility to a Consumer Products Manufacturer
    August 5, 2024
    Eclipse Business Capital LLC (“EBC”) announced that it has provided an $80 million ABL credit facility to a consumer products manufacturer. The credit facility is secured by accounts receivable and inventory. The transaction will refinance the Company’s existing credit facilities and provide additional liquidity for working capital purposes.
  • Sabio Announces Closing of a New US$10 Million Credit Facility
    August 1, 2024
    Sabio Holdings Inc., a California-based ad-tech company that specializes in delivering highly targeted ads, insights, and services in ad-supported streaming to top Fortune 100 brands, is pleased to announce the closing of a new credit facility pursuant to the terms of a credit agreement between its U.S. operating subsidiaries and SLR Digital Finance ("SLRDF").
  • CIBC Innovation Banking Provides Growth Capital Financing to Wisedocs Inc.
    August 1, 2024
    CIBC Innovation Banking announced today that it has provided $4.5M CAD in growth capital financing to support Wisedocs’ mission to both further broaden its client base and to expand its product offering. Wisedocs’ artificial intelligence (AI) software platform summarizes claim files for the insurance industry to enable fast and inexpensive medical record reviews.
  • US Capital Global Securities Launches $50MM Equity Offering in Zenion Laboratories
    August 1, 2024
    US Capital Global Securities LLC, an SEC-registered affiliate of renowned global financial group US Capital Global, is pleased to present eligible investors with a unique investment opportunity to participate in an investment round of up to $50 million for Zenon Laboratories (“Zenion” or the “Company”). Initially funded by NASA and deployed on the International Space Station, Zenion’s nanotechnology products provide low-cost, chemical-free drinking water that is inordinately superior to existing purification, filtration, and flocculation solutions.
  • Allegro MicroSystems Announces Allocation of Increased Term Loan and Refinancing of Existing Term Loan
    August 1, 2024
    Morgan Stanley, Barclays, UBS, Bank of America, JPMorgan, Mizuho and SMBC are acting as joint lead arrangers and book-runners for the Term Loan. PJT Partners is acting as financial advisor to Allegro.
  • Goldman Sachs Alternatives Makes $440 Million Strategic Investment in BrightNight to Fund Continued Growth
    August 1, 2024
    BrightNight (the "Company"), a leading renewable power company designed to provide utility and commercial and industrial customers with clean, dispatchable renewable power solutions, announced today a $440 million strategic investment from the Infrastructure business at Goldman Sachs Alternatives.
  • Comvest Credit Partners Provides Financing to Support Acquisition of TFS
    August 1, 2024
    Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the Sole Lender on a senior secured credit facility (the “Financing”) to support the acquisition of TFS, Ltd. (“TFS”), by Southfield Capital.
  • Neuronetics Announces the Closing of up to $90 Million Senior Secured Credit Facility with Perceptive Advisors
    August 1, 2024
    Neuronetics, Inc. (NASDAQ: STIM), a medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders, today announced that it entered into a debt facility of up to $90 million with Perceptive Advisors LLC (Perceptive). Under the term loan, Neuronetics received the first tranche of $50 million at closing.
  • Thumbtack Announces $75 Million in Financing from Silicon Valley Bank and Hercules Capital
    August 1, 2024
    Thumbtack, the technology company helping millions of people confidently care for and improve their homes, today announced $75 million in financing from Silicon Valley Bank (SVB), a division of First Citizens Bank, and Hercules Capital, Inc. (NYSE: HTGC). The debt facility provides access to efficient capital and liquidity for Thumbtack as it continues to bring the $600 billion home services industry online.
  • Siena Lending Group Closes New $10 Million Credit Facility for Townsen Memorial Health System
    August 1, 2024
    Siena Lending Group LLC ("Siena") is pleased to announce the closing of a $10 million credit facility with Townsen Memorial Health System (“TMH", or "the Company”), a Houston-based network of multi-specialty healthcare facilities including hospital, surgical, and imaging centers. TMH provides top-quality individualized care for its patients via more than 370 providers at its world-class locations.
  • The Lovesac Company Announces a Five-Year Extension of Its Credit Facility and Inaugural Share Repurchase Program
    July 31, 2024
    The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the home furnishing brand best known for its Sactionals, The World's Most Adaptable Couch, today announced that it has entered into a five-year extension of its revolving credit facility and that its Board of Directors has authorized a share repurchase program.
  • First Citizens Bank Provides $25 Million to Largest Wholesale Distributor of Plumbing, Heating and Industrial Products in Northeast
    July 31, 2024
    First Citizens Bank today announced that its Middle Market Banking business provided $25 million in financing to F.W. Webb, the largest wholesale distributor of plumbing, heating and industrial products in the Northeastern U.S.
  • Transportation Leader Secures $20 Million Factoring Facility with eCapital
    July 31, 2024
    eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, announced a new $20 million non-notification factoring facility for a large private transportation company servicing clients across North America.
  • Cegedim: New €230 Million Financing Arrangement
    July 31, 2024
    Cegedim has secured a new financing arrangement consisting of a €230 million syndicated loan. The arrangement is split into €180 million of lines drawn upon closing to refinance the Group’s existing debt (RCF and Euro PP, which mature in October 2024 and October 2025 respectively) and an additional revolving credit facility (RCF) of €50 million.

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