Coral Capital Solutions, a leading provider of financing solutions for small- and medium-sized enterprises, today announced a $42 million annual factoring facility with a long standing business that manufactures and distributes a broad range of medical devices that was in the process of an M&A transaction.

Holland & Knight has further strengthened its Financial Services Team with the addition of Evan Kelson as a partner in New York. He was previously a partner at Mayer Brown. The addition of Mr. Kelson follows the recent recruitment of Dimitri Nionakis, a financial services partner in Boston.

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Bill Scheuerer has joined as a Managing Director in its Capital Markets Group. Based in New York, Mr. Scheuerer will support the firm’s private capital financing efforts across all industry verticals.

Barings, one of the world’s largest diversified real estate investment managers, announced today that it has jointly originated a $113 million debt package alongside affiliates of Apollo (NYSE: APO) to refinance the Westin Indianapolis (the “Hotel”) in downtown Indianapolis. An affiliate of KSL Capital Partners (“KSL”) has owned the Hotel since 2019.

Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $30 million in growth capital to Elucent Medical ("Elucent"), a pioneering medical technology company transforming the field of guided surgical technologies.

The RMR Group (Nasdaq: RMR) today announced that it has entered into a new $100 million senior secured revolving credit facility. The initial maturity date of the new credit facility is January 22, 2028, and it includes a one-year extension at RMR’s option, subject to payment of extension fees and satisfaction of other customary conditions.

FlexGen Power Systems, a Durham, NC-based provider of energy storage solutions and software technology, received a $75M revolving credit facility with J.P. Morgan. The company intends to use the funds to expand its operations, strengthen its technology offerings, and support the demand for scalable energy storage solutions worldwide.

RELEX Solutions, a provider of unified supply chain and retail planning solutions, today announced it has secured a €10 million green revolving credit facility that can be used to finance projects and activities with positive sustainability impact.

Crédit Agricole CIB has announced Dominique Honoré will lead its newly launched global trade and commodities product line, with Vincent Gancel appointed as deputy head.

Squire Patton Boggs has appointed Philip Prowse and Jameel Tarmohamed as partners in the Financial Services Practice Group in London. Mr. Prowse and Mr. Tarmohamed focus on commodities trade finance and will play a key role in expanding the firm’s trade finance capabilities across Europe from the London and Geneva offices. They join from Stephenson Harwood along with associate Andrew Green.

Blank Rome LLP is pleased to announce that Cassandra G. Mott, partner and co-chair of the firm’s Houston office, has been elected president of the Secured Finance Network (“SFNet”) Houston Chapter for a two-year term, effective January 1, 2025.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, announced that The M&A Advisor, a leading provider of insights and intelligence to M&A, turnaround, and finance professionals, has awarded CohnReznick its Corporate/Strategic Deal of the Year Award ($75MM - $100MM) and Cross-Border Deal of the Year Award ($100MM - $1B).

EBSC Lending has provided $23.7 million to refinance a 201-unit senior living community located in Union City, Georgia, a southeastern suburb of Atlanta. The financing includes a three-year, fixed-rate loan that replaces the existing construction loan.

Gridiron Capital, LLC (“Gridiron Capital” or “Gridiron”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is excited to announce the several well-deserved promotions by strong team performers including: Ryan Gardner and Aaron Stoppelmann to Principal, Nate Krause to Financial Planning and Analysis Manager, and Rohit Basu to Senior Associate.

BlackArch Partners (“BlackArch”) is pleased to announce that The Apollo Group (“Apollo” or the “Company”) has received a strategic investment from Oaktree Capital Management (“Oaktree”).

PL Trade Finance USA Inc. operates globally, backed by a highly experienced team of professionals with over 40 years of expertise in commercial finance services. Its commitment to excellence and tailored financial solutions enables the company to support businesses worldwide, driving growth and liquidity at every stage of the supply chain.

nFusion Capital announced it has provided a $12 million ABL facility for an employee-owned construction company, founded in 1984 in Anaheim, CA, specializing in interior and exterior wall systems, metal framed panels and partitions for commercial, institutional, and industrial clients, and constructing themed facades for the entertainment and gaming industries.

First Financial Bank (Nasdaq: FFBC) is expanding into Michigan with the introduction of Grand Rapids native and highly experienced banker Chris Turner as commercial market president, and the opening of a commercial banking office in Grand Rapids.

AFG and Lightbrook announce the launch of Alliance Equipment Finance (AEF) , a new standard of efficiency and expertise to equipment financing. Specializing in transactions ranging from $5 million and $50 million, AEF offers businesses streamlined financial solutions to support critical capital investments.

U.S. Bankruptcy Judge Alfredo Perez at a court hearing in Houston, Texas, overruled the objections of the U.S. Justice Department's bankruptcy watchdog to the deal's legal protections for the company's officers, directors, and lenders, finding that the Container Store had obtained consent from its creditors.