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Monroe Capital Supports NationsBenefits’ Acquisition of General Vision Services
January 7, 2025Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support NationsBenefits’ acquisition of General Vision Services, an existing portfolio company of General Atlantic, The Pritzker Organization, and Denali Growth Partners.
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SLR Business Credit Provides $3.5 Million Credit Facility to Segula Technologies USA, Inc.
January 7, 2025SLR Business Credit is pleased to announce the funding of a $3.5 million credit facility for Segula Technologies USA, a leading engineer staffing company serving top-tier aerospace, defense, automotive, and energy companies.
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Private Equity Finance Attorney Daryll Marshall Joins Vedder Price Chicago Office
January 7, 2025Marshall brings more than 25 years of finance, mergers and acquisitions, private equity and corporate law experience to Vedder Price, where he will join the firm’s Finance & Transactions group.
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Amerisource Business Capital Announces $6 Million Working Capital Facility for Texas-Based Manufacturer
January 7, 2025Amerisource Business Capital is pleased to announce the successful closing and funding of a $6,000,000 working capital facility for a Texas-based manufacturer of custom bulk bags, serving key industries such as chemicals, medical, and food, with a strong international presence.
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NXT Capital Closes Senior Credit Facility in Support of LKCM Headwater Investments' Add-On Acquisition and Refinancing of Relevant Industrial
January 7, 2025NXT Capital announced today that it closed a senior credit facility in support of LKCM Headwater Investments’ add-on acquisition and refinancing of Relevant Industrial. NXT Capital acted as Joint Lead Arranger, Joint Bookrunner, and Administrative Agent on this transaction.
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J D Factors Provides $7,075,000 in new Factoring Facilities in December
January 6, 2025J D Factors provided $7,075,000 in new factoring facilities to 28 new clients in the US and Canada during the month of December. Some of these facilities include: a $150,000 factoring facility for an exhaust fan cleaning service company in Florida and a $3,000,000 factoring facility for a transportation company in Indiana.
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J D Factors Provides $7,075,000 in new Factoring Facilities in December
January 6, 2025J D Factors provided $7,075,000 in new factoring facilities to 28 new clients in the US and Canada during the month of December. Some of these facilities include: a $150,000 factoring facility for an exhaust fan cleaning service company in Florida and a $3,000,000 factoring facility for a transportation company in Indiana.
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J D Factors Provides $7,075,000 in new Factoring Facilities in December
January 6, 2025J D Factors provided $7,075,000 in new factoring facilities to 28 new clients in the US and Canada during the month of December. Some of these facilities include: a $150,000 factoring facility for an exhaust fan cleaning service company in Florida and a $3,000,000 factoring facility for a transportation company in Indiana.
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J D Factors Provides $7,075,000 in new Factoring Facilities in December
January 6, 2025J D Factors provided $7,075,000 in new factoring facilities to 28 new clients in the US and Canada during the month of December. Some of these facilities include: a $150,000 factoring facility for an exhaust fan cleaning service company in Florida and a $3,000,000 factoring facility for a transportation company in Indiana.
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J D Factors Provides $7,075,000 in new Factoring Facilities in December
January 6, 2025J D Factors provided $7,075,000 in new factoring facilities to 28 new clients in the US and Canada during the month of December. Some of these facilities include: a $150,000 factoring facility for an exhaust fan cleaning service company in Florida and a $3,000,000 factoring facility for a transportation company in Indiana.
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J D Factors Provides $7,075,000 in new Factoring Facilities in December
January 6, 2025J D Factors provided $7,075,000 in new factoring facilities to 28 new clients in the US and Canada during the month of December. Some of these facilities include: a $150,000 factoring facility for an exhaust fan cleaning service company in Florida and a $3,000,000 factoring facility for a transportation company in Indiana.
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NextDecade Announces $175 Million Senior Secured Loan
January 6, 2025NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today that its wholly owned subsidiary, Rio Grande LNG Super Holdings, LLC, has entered into a credit agreement with General Atlantic Credit's (“GA Credit”) Atlantic Park Fund that provides for a $175 million senior secured loan (the “Senior Loan”).
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NN, Inc. Announces New Credit Facility and Strategic Moves
January 6, 2025NN, Inc. has announced a new $50 million asset-backed revolving credit facility, which marks a significant step in its balance sheet optimization strategy. This new credit agreement will aid in refinancing existing obligations and is expected to enhance the company’s financial flexibility, reflecting market confidence in NN, Inc.’s strategic transformation and growth initiatives.
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Cahill Announces Election of Four New Partners and Two New Counsel
January 6, 2025Cahill Gordon & Reindel LLP announced today that Andrew Cochran, Michael Dvorak, Michael Makhotin, and Nikolas Rodriguez have been elected to the partnership, effective January 1, 2025. In addition, Kenneth Ritz and Jenny Warshafsky have been promoted to Counsel, also effective January 1, 2025.
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Siena Lending Group LLC Increases its Senior Leverage Facility to $850 Million
January 6, 2025Siena Lending Group LLC (“Siena”) today announced an increase and extension to its senior credit facility with Wells Fargo Capital Finance to $850 million. The amendment also includes an accordion of $100 million.
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Gibraltar Expands ABL Facility for Pharmaceutical Distributor to $30MM
January 6, 2025Gibraltar prides itself on longstanding financing partnerships, as demonstrated by its recent collaboration with existing customer Prodigy Health. GBC recently increased its asset-based loan facility to $30MM, further supporting Prodigy Health's growth.
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Ares Commercial Finance Provides a $25 Million Credit Facility to Herschel Supply Co.
January 6, 2025Ares Commercial Finance announced today that it has provided a $25 million senior secured revolving line of credit to Herschel Supply Co. (“Herschel” or the “Company”), a Vancouver-based distributor and retailer of bags and accessories. Proceeds from the financing will provide the Company additional liquidity for working capital.
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B. Riley Securities Serves as the Exclusive Financial Advisor to Q-Mation, Inc. in Connection with its Recapitalization by the Halifax Group
January 6, 2025B. Riley Securities, Inc. ("B. Riley"), a leading middle market investment bank, is pleased to have served as the exclusive financial advisor to Q-mation, Inc. ("Q-mation" or the "Company") in connection with its recapitalization by The Halifax Group, LLC. ("Halifax Group").
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Hidden River Invests in ServiceMaster Restore Franchisee
January 6, 2025Hidden River Strategic Capital is pleased to announce its platform investment in Restoration Alliance, a leading franchisee within the ServiceMaster Restore franchise system. Hidden River partnered with existing management and Taurus Capital Partners to recapitalize the business and provide growth capital.
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Moritt Hock & Hamroff Announces 2025 Attorney Promotions
January 6, 2025Moritt Hock & Hamroff has announced that Brian Adelman and Jodi B. Zimmerman have been elevated to Partner, while Allison Arotsky, Julie R. DeLeόn and Ronald P. Perry, have all been elevated to Counsel, effective January 1, 2025.
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Monroe Capital Supports NationsBenefits’ Acquisition of General Vision Services
January 7, 2025Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support NationsBenefits’ acquisition of General Vision Services, an existing portfolio company of General Atlantic, The Pritzker Organization, and Denali Growth Partners.
-
SLR Business Credit Provides $3.5 Million Credit Facility to Segula Technologies USA, Inc.
January 7, 2025SLR Business Credit is pleased to announce the funding of a $3.5 million credit facility for Segula Technologies USA, a leading engineer staffing company serving top-tier aerospace, defense, automotive, and energy companies.
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Private Equity Finance Attorney Daryll Marshall Joins Vedder Price Chicago Office
January 7, 2025Marshall brings more than 25 years of finance, mergers and acquisitions, private equity and corporate law experience to Vedder Price, where he will join the firm’s Finance & Transactions group.
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Amerisource Business Capital Announces $6 Million Working Capital Facility for Texas-Based Manufacturer
January 7, 2025Amerisource Business Capital is pleased to announce the successful closing and funding of a $6,000,000 working capital facility for a Texas-based manufacturer of custom bulk bags, serving key industries such as chemicals, medical, and food, with a strong international presence.
-
NXT Capital Closes Senior Credit Facility in Support of LKCM Headwater Investments' Add-On Acquisition and Refinancing of Relevant Industrial
January 7, 2025NXT Capital announced today that it closed a senior credit facility in support of LKCM Headwater Investments’ add-on acquisition and refinancing of Relevant Industrial. NXT Capital acted as Joint Lead Arranger, Joint Bookrunner, and Administrative Agent on this transaction.
-
J D Factors Provides $7,075,000 in new Factoring Facilities in December
January 6, 2025J D Factors provided $7,075,000 in new factoring facilities to 28 new clients in the US and Canada during the month of December. Some of these facilities include: a $150,000 factoring facility for an exhaust fan cleaning service company in Florida and a $3,000,000 factoring facility for a transportation company in Indiana.
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J D Factors Provides $7,075,000 in new Factoring Facilities in December
January 6, 2025J D Factors provided $7,075,000 in new factoring facilities to 28 new clients in the US and Canada during the month of December. Some of these facilities include: a $150,000 factoring facility for an exhaust fan cleaning service company in Florida and a $3,000,000 factoring facility for a transportation company in Indiana.
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J D Factors Provides $7,075,000 in new Factoring Facilities in December
January 6, 2025J D Factors provided $7,075,000 in new factoring facilities to 28 new clients in the US and Canada during the month of December. Some of these facilities include: a $150,000 factoring facility for an exhaust fan cleaning service company in Florida and a $3,000,000 factoring facility for a transportation company in Indiana.
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J D Factors Provides $7,075,000 in new Factoring Facilities in December
January 6, 2025J D Factors provided $7,075,000 in new factoring facilities to 28 new clients in the US and Canada during the month of December. Some of these facilities include: a $150,000 factoring facility for an exhaust fan cleaning service company in Florida and a $3,000,000 factoring facility for a transportation company in Indiana.
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J D Factors Provides $7,075,000 in new Factoring Facilities in December
January 6, 2025J D Factors provided $7,075,000 in new factoring facilities to 28 new clients in the US and Canada during the month of December. Some of these facilities include: a $150,000 factoring facility for an exhaust fan cleaning service company in Florida and a $3,000,000 factoring facility for a transportation company in Indiana.
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J D Factors Provides $7,075,000 in new Factoring Facilities in December
January 6, 2025J D Factors provided $7,075,000 in new factoring facilities to 28 new clients in the US and Canada during the month of December. Some of these facilities include: a $150,000 factoring facility for an exhaust fan cleaning service company in Florida and a $3,000,000 factoring facility for a transportation company in Indiana.
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NextDecade Announces $175 Million Senior Secured Loan
January 6, 2025NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today that its wholly owned subsidiary, Rio Grande LNG Super Holdings, LLC, has entered into a credit agreement with General Atlantic Credit's (“GA Credit”) Atlantic Park Fund that provides for a $175 million senior secured loan (the “Senior Loan”).
-
NN, Inc. Announces New Credit Facility and Strategic Moves
January 6, 2025NN, Inc. has announced a new $50 million asset-backed revolving credit facility, which marks a significant step in its balance sheet optimization strategy. This new credit agreement will aid in refinancing existing obligations and is expected to enhance the company’s financial flexibility, reflecting market confidence in NN, Inc.’s strategic transformation and growth initiatives.
-
Cahill Announces Election of Four New Partners and Two New Counsel
January 6, 2025Cahill Gordon & Reindel LLP announced today that Andrew Cochran, Michael Dvorak, Michael Makhotin, and Nikolas Rodriguez have been elected to the partnership, effective January 1, 2025. In addition, Kenneth Ritz and Jenny Warshafsky have been promoted to Counsel, also effective January 1, 2025.
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Siena Lending Group LLC Increases its Senior Leverage Facility to $850 Million
January 6, 2025Siena Lending Group LLC (“Siena”) today announced an increase and extension to its senior credit facility with Wells Fargo Capital Finance to $850 million. The amendment also includes an accordion of $100 million.
-
Gibraltar Expands ABL Facility for Pharmaceutical Distributor to $30MM
January 6, 2025Gibraltar prides itself on longstanding financing partnerships, as demonstrated by its recent collaboration with existing customer Prodigy Health. GBC recently increased its asset-based loan facility to $30MM, further supporting Prodigy Health's growth.
-
Ares Commercial Finance Provides a $25 Million Credit Facility to Herschel Supply Co.
January 6, 2025Ares Commercial Finance announced today that it has provided a $25 million senior secured revolving line of credit to Herschel Supply Co. (“Herschel” or the “Company”), a Vancouver-based distributor and retailer of bags and accessories. Proceeds from the financing will provide the Company additional liquidity for working capital.
-
B. Riley Securities Serves as the Exclusive Financial Advisor to Q-Mation, Inc. in Connection with its Recapitalization by the Halifax Group
January 6, 2025B. Riley Securities, Inc. ("B. Riley"), a leading middle market investment bank, is pleased to have served as the exclusive financial advisor to Q-mation, Inc. ("Q-mation" or the "Company") in connection with its recapitalization by The Halifax Group, LLC. ("Halifax Group").
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Hidden River Invests in ServiceMaster Restore Franchisee
January 6, 2025Hidden River Strategic Capital is pleased to announce its platform investment in Restoration Alliance, a leading franchisee within the ServiceMaster Restore franchise system. Hidden River partnered with existing management and Taurus Capital Partners to recapitalize the business and provide growth capital.
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Moritt Hock & Hamroff Announces 2025 Attorney Promotions
January 6, 2025Moritt Hock & Hamroff has announced that Brian Adelman and Jodi B. Zimmerman have been elevated to Partner, while Allison Arotsky, Julie R. DeLeόn and Ronald P. Perry, have all been elevated to Counsel, effective January 1, 2025.
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