Highview Capital, LLC (“Highview”), a Los Angeles-based middle-market private equity firm, today announced the promotions of P.J. Gilbert to Principal and Kapish Haldia to Senior Associate and the addition of Kelly Cash as an Associate.

FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Christopher Conover and Bill Stotzer as Managing Directors within its Corporate Finance & Restructuring segment, further strengthening the firm’s business and finance transformation service offerings.

Retailers Face Tough Decisions as China Tariff Pressures Mount, authored by Tim Anderson, Sr. Vice President of Hilco Valuation Services/Retail Appraisal Operations, examines the distinct challenges now facing U.S. retailers, the actions those retailers are taking in the face of trade uncertainty, and how asset-based lenders should be thinking about their retail portfolios during this time period.

Headquartered in Brattleboro, VT, Long Falls is manufacturer of specialty fiber based paperboard.

July New Business Volume Up 15 Percent Year-over-year, Down 5 Percent Month-over-month and Up 3 Percent Year-to-date

Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”) has entered into a credit agreement (the “Credit Agreement”), as administrative agent and lender, with Cronos Growing Company Inc. (“Cronos GrowCo” or “GrowCo”), as borrower, in respect of a $100 million secured non-revolving term loan credit facility.

Fifth Third Business Capital, a division of Fifth Third Bank, announced it acted as sole lender and administrative agent on the funding of a $9,500,000 senior credit facility to Leola, Pennsylvania-based Ross Technology Corporation (“Ross”).

The Turnaround Management Association (TMA) has selected Walsh Partner Sydney J. Darling as the recipient of their 2019 Emerging Leader Award. The peer‐nominated award recognizes a professional each year who brings vibrancy and energy to volunteer organizations, with innovative perspectives and fresh ideas, and honors their contribution to TMA Global.

Led by The Bank of Nova Scotia as Agent and a syndicate including Wells Fargo Bank, ATB Financial, and The Toronto-Dominion Bank, the Credit Facility consists of a Canadian Syndicated Revolving Facility of C$150.0 million, a Canadian Operating Facility of C$20.0 million, a U.S. Revolving Facility of US$50.0 million, for a total facility size of approximately C$ equivalent $236.0 million.

Newbridge Global Sourcing (Newbridge), an alternative capital provider, has expanded its service offering to include Accounts Receivable Financing and Asset-Based Lending in response to market need. With complementary products, Newbridge offers clients maximum funds available while helping clients improve supplier relationships.

Crestmark secured a total of $850,000 in ABL financial solutions for three new clients; Crestmark Equipment Finance provided $7,328,266 in five new lease transactions; Crestmark Vendor Finance provided $9,442,735 in 79 new lease transactions; and the Government Guaranteed Lending Division provided $5,393,000 in financing for two new clients in the first half of August.

Bringing more than 20 years of financial services experience to his new role, Shanahan joins Citizens from Wells Fargo Capital Finance, where he was a Director in the Retail Finance Group.

Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on a $50 million senior secured revolving credit facility to support working capital, organic growth and potential acquisitions for KushCo Holdings, Inc. (the “Company”).

AVENUE Stores, LLC, on Friday August 16, 2019, filed for Chapter 11 reorganization and authorized store closing sales by a joint venture of Gordon Brothers and Hilco Merchant Resources have commenced.

Antares announced today that it served as sole lead arranger and is acting as administrative agent for a senior secured credit facility to refinance existing debt and to provide additional capital to support the continued growth of Mountaingate Capital’s Tinuiti.

DRB Financial Solutions, LLC (DRBfinancial.com) and its wholly-owned subsidiary DRB Capital, LLC are pleased to announce that they have closed on the first $150M of a planned $300M term financing facility for their structured settlement and annuity payment stream programs.

The law firm of Moritt Hock & Hamroff LLP with offices on Long Island and in Manhattan is pleased to announce that David H. Cohen (a partner of the firm), Andrew B. Eckstein (counsel to the firm), Robert M. Finkel (a partner of the firm) and Henry L. Goldberg (a partner of the firm) have been selected for inclusion in the 2020 Edition of Best Lawyers®.

Crestmark is pleased to announce the return and appointment of Rick Pierman as senior vice president, strategic operations to its equipment finance division. Based in Troy, he will report to Crestmark Equipment Finance Chief Operating Officer and General Counsel Jim Recker.

A turnaround consultant called in Gibraltar when his client’s bank proved less flexible than necessary while certain business improvements were in process. Gibraltar was able to respond with a $13 million asset-based line of credit to help the company move through the transition.

Siena Lending Group LLC (“Siena”) announces the closing of a $5.5 million asset-based credit facility for Amfuel, LLC (“Amfuel”), which is scalable up to $8.0 million during the three year term.