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MH&H Welcomes Its Incoming Class of 2024 Law School Graduates
October 9, 2024Moritt Hock & Hamroff is pleased to welcome Sidney Balaban, Danielle Halevi, Juliette Matchton, and Sam Tanenbaum as members of its incoming class of 2024 law school graduates.
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US Capital Global Expands European and Middle Eastern Operations Under New Partner Prodi Bhattacharya
October 9, 2024US Capital Global is pleased to announce the elevation of Prodi Bhattacharya, Ph.D., to the distinguished role of Partner, Structured Credit and Equity. In this capacity, Dr. Bhattacharya will spearhead US Capital Global’s European and Middle Eastern operations from the group’s London headquarters, which was established in 2020.
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Monroe Capital Supports Cloudbreak Health, LLC’s Acquisition of Voyce Global
October 9, 2024Monroe Capital LLC announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of Voyce Global (“Voyce”) by Cloudbreak Health, LLC, an existing portfolio company of GTCR.
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Elena M. Gallo Named Government Banking Division Executive
October 9, 2024Wells Fargo & Company (NYSE: WFC) today named Elena M. Gallo as Government Banking Division Executive. Gallo, a 35-year financial services veteran, succeeds Mara Holley, who is retiring after leading Government Banking since 2015. Gallo is based in New York.
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Solifi Welcomes Majority Investment from TA
October 9, 2024olifi, a global fintech software partner for secured finance, today announced that it will receive a majority investment from TA Associates ("TA"), a leading global private equity firm. This transaction will accelerate Solifi’s growth by supporting product innovation, driving expansion into adjacent financing markets and new geographies, and delivering enhanced value to its customers.
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ATC Managers Closes $78 Million Bridge Loan for Multifamily Portfolio Acquisition
October 8, 2024ATC Managers successfully closed a $78 million bridge loan to facilitate the acquisition of a multifamily portfolio. This 12-month, fixed-rate bridge loan will enable the purchase of a portfolio consisting of 27 properties across North Carolina, Florida, and Arizona.
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Nada Secures up to $25 Million Revolving Credit Facility from Kawa Capital Management to Accelerate Growth of its Home Equity Investment Platform
October 8, 2024Nada, a leading fintech company offering homeowners debt-free access to home equity, has secured an up to $25 million revolving credit facility from Kawa Capital Management, an alternative asset management firm with over $3 billion in assets under management and renowned for its expertise in structured real estate and credit markets.
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Smart Eye Expands its Credit Facility
October 8, 2024Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) Smart Eye has entered into an agreement on market terms with an independent credit market actor group, enabling the company to secure a total credit facility of SEK 150 million.
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Top Rank for Wolters Kluwer in Newsweek’s Survey on Most Trustworthy Companies in the World
October 8, 2024Wolters Kluwer, a leading provider of professional information and software solutions, is proud to announce its number two ranking in the global Business & Professional Services Category on Newsweek's World's Most Trustworthy Companies list.
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DC BLOX Raises Additional Capital and Secures $265 Million Green Loan
October 8, 2024DC BLOX, a leading provider of interconnected data centers, today announced it has raised incremental equity capital from its existing and new investors, led by Post Road Group and Bain Capital Credit. The funding will enable the deployment of over $1 billion of total capital to finance future construction and the development of powered-land banking opportunities, reinforcing DC BLOX’s market position as a hyperscale-ready data center platform.
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CapitalPlus Financial Provides $500,000 Factoring Facility to Interior Finishing Contractor, Allowing Expansion Amid Payment Delays
October 8, 2024CapitalPlus Financial Services, a leading provider of construction factoring solutions, is proud to announce the successful funding of a $500,000 factoring facility for an Illinois-based interior finishing contractor.
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PlainsCapital Bank Welcomes Sara Brooke Burnside
October 8, 2024PlainsCapital Bank is pleased to announce that Sara Brooke Burnside has joined its Houston lending team as Senior Vice President, Senior Commercial Loan Officer. She will be based at the Bank’s Richmond Avenue location at 2925 Richmond Avenue, Suite 100.
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Loeb Helps Struggling Gear Manufacturer with Strategic Ongoing Concern Liquidation Sale
October 8, 2024Loeb, a leader in providing tailored financial solutions, has successfully assisted a Wisconsin-based gear manufacturing company in navigating severe financial difficulties. Facing an urgent need to liquidate its business, the company turned to Loeb for a swift and effective resolution.
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Amerisource Business Capital Celebrates 40th Milestone Anniversary
October 8, 2024Amerisource Business Capital, a recognized leader in the private credit industry, proudly commemorates four decades of excellence and client-centric service as it celebrates its 40th milestone anniversary.
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SG Credit Partners Announces a Senior Debt Investment in Shipwell
October 8, 2024SG Credit Partners, through its SG Software + Technology division, is excited to announce its partnership with Shipwell, a scalable multimodal transportation management system (TMS) that empowers shippers to plan, rate, ship, and manage supply chain operations across all modes — including parcel, truckload, LTL, VTL, bulk, rail, intermodal, and ocean.
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Wiggin and Dana Continues Rapid Growth of Restructuring Practice with Addition of Restructuring Professionals Scott Griffin and Frank Eaton
October 8, 2024Wiggin and Dana LLP announced the addition of veteran restructuring attorneys Scott Griffin and Frank Eaton to the firm’s expanding Restructuring Practice. The addition of Griffin and Eaton continues the firm’s trajectory of expansion in sophisticated restructuring work and follows the firm’s addition of Florida-based restructuring partner Tamara Van Heel in July.
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Ares Management Corporation to Acquire GCP International
October 8, 2024Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that it has entered into a definitive agreement to acquire the international business of GLP Capital Partners Limited and certain of its affiliates, excluding its operations in Greater China (“GCP International”), and existing capital commitments to certain managed funds, in a transaction valued at $3.7 billion.
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AFC Gamma Provides Story of Maryland with $41 Million Senior Secured Credit Facility
October 8, 2024AFC Gamma, Inc. (Nasdaq:AFCG) (“Advanced Flower Capital” or “AFC”) today announced that it has committed and funded $41 million to a senior secured credit facility to Story of Maryland, LLC (“Story MD”), a leading, vertically integrated operator in Maryland. Story MD intends to use the proceeds from the credit facility to refinance existing debt and provide working capital.
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Valiant Energy Solutions Partners with Cambridge Savings Bank’s Asset-Based Lending Team to Expand M&A Capabilities and Deliver Innovative Total Energy Solutions
October 8, 2024Valiant Energy Solutions, a trusted name in energy services with a 60-year legacy throughout Connecticut, is excited to announce a strategic partnership with Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $7 billion in assets.
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BrightNight Closes $440 Million Strategic Investment from Goldman Sachs Alternatives, Upsizes Corporate Credit Facility to $400 Million
October 8, 2024BrightNight, the next-generation renewable power producer built to deliver clean and dispatchable power solutions, today announced the successful closing of a $440 million strategic equity investment from Goldman Sachs Alternatives.
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MH&H Welcomes Its Incoming Class of 2024 Law School Graduates
October 9, 2024Moritt Hock & Hamroff is pleased to welcome Sidney Balaban, Danielle Halevi, Juliette Matchton, and Sam Tanenbaum as members of its incoming class of 2024 law school graduates.
-
US Capital Global Expands European and Middle Eastern Operations Under New Partner Prodi Bhattacharya
October 9, 2024US Capital Global is pleased to announce the elevation of Prodi Bhattacharya, Ph.D., to the distinguished role of Partner, Structured Credit and Equity. In this capacity, Dr. Bhattacharya will spearhead US Capital Global’s European and Middle Eastern operations from the group’s London headquarters, which was established in 2020.
-
Monroe Capital Supports Cloudbreak Health, LLC’s Acquisition of Voyce Global
October 9, 2024Monroe Capital LLC announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of Voyce Global (“Voyce”) by Cloudbreak Health, LLC, an existing portfolio company of GTCR.
-
Elena M. Gallo Named Government Banking Division Executive
October 9, 2024Wells Fargo & Company (NYSE: WFC) today named Elena M. Gallo as Government Banking Division Executive. Gallo, a 35-year financial services veteran, succeeds Mara Holley, who is retiring after leading Government Banking since 2015. Gallo is based in New York.
-
Solifi Welcomes Majority Investment from TA
October 9, 2024olifi, a global fintech software partner for secured finance, today announced that it will receive a majority investment from TA Associates ("TA"), a leading global private equity firm. This transaction will accelerate Solifi’s growth by supporting product innovation, driving expansion into adjacent financing markets and new geographies, and delivering enhanced value to its customers.
-
ATC Managers Closes $78 Million Bridge Loan for Multifamily Portfolio Acquisition
October 8, 2024ATC Managers successfully closed a $78 million bridge loan to facilitate the acquisition of a multifamily portfolio. This 12-month, fixed-rate bridge loan will enable the purchase of a portfolio consisting of 27 properties across North Carolina, Florida, and Arizona.
-
Nada Secures up to $25 Million Revolving Credit Facility from Kawa Capital Management to Accelerate Growth of its Home Equity Investment Platform
October 8, 2024Nada, a leading fintech company offering homeowners debt-free access to home equity, has secured an up to $25 million revolving credit facility from Kawa Capital Management, an alternative asset management firm with over $3 billion in assets under management and renowned for its expertise in structured real estate and credit markets.
-
Smart Eye Expands its Credit Facility
October 8, 2024Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) Smart Eye has entered into an agreement on market terms with an independent credit market actor group, enabling the company to secure a total credit facility of SEK 150 million.
-
Top Rank for Wolters Kluwer in Newsweek’s Survey on Most Trustworthy Companies in the World
October 8, 2024Wolters Kluwer, a leading provider of professional information and software solutions, is proud to announce its number two ranking in the global Business & Professional Services Category on Newsweek's World's Most Trustworthy Companies list.
-
DC BLOX Raises Additional Capital and Secures $265 Million Green Loan
October 8, 2024DC BLOX, a leading provider of interconnected data centers, today announced it has raised incremental equity capital from its existing and new investors, led by Post Road Group and Bain Capital Credit. The funding will enable the deployment of over $1 billion of total capital to finance future construction and the development of powered-land banking opportunities, reinforcing DC BLOX’s market position as a hyperscale-ready data center platform.
-
CapitalPlus Financial Provides $500,000 Factoring Facility to Interior Finishing Contractor, Allowing Expansion Amid Payment Delays
October 8, 2024CapitalPlus Financial Services, a leading provider of construction factoring solutions, is proud to announce the successful funding of a $500,000 factoring facility for an Illinois-based interior finishing contractor.
-
PlainsCapital Bank Welcomes Sara Brooke Burnside
October 8, 2024PlainsCapital Bank is pleased to announce that Sara Brooke Burnside has joined its Houston lending team as Senior Vice President, Senior Commercial Loan Officer. She will be based at the Bank’s Richmond Avenue location at 2925 Richmond Avenue, Suite 100.
-
Loeb Helps Struggling Gear Manufacturer with Strategic Ongoing Concern Liquidation Sale
October 8, 2024Loeb, a leader in providing tailored financial solutions, has successfully assisted a Wisconsin-based gear manufacturing company in navigating severe financial difficulties. Facing an urgent need to liquidate its business, the company turned to Loeb for a swift and effective resolution.
-
Amerisource Business Capital Celebrates 40th Milestone Anniversary
October 8, 2024Amerisource Business Capital, a recognized leader in the private credit industry, proudly commemorates four decades of excellence and client-centric service as it celebrates its 40th milestone anniversary.
-
SG Credit Partners Announces a Senior Debt Investment in Shipwell
October 8, 2024SG Credit Partners, through its SG Software + Technology division, is excited to announce its partnership with Shipwell, a scalable multimodal transportation management system (TMS) that empowers shippers to plan, rate, ship, and manage supply chain operations across all modes — including parcel, truckload, LTL, VTL, bulk, rail, intermodal, and ocean.
-
Wiggin and Dana Continues Rapid Growth of Restructuring Practice with Addition of Restructuring Professionals Scott Griffin and Frank Eaton
October 8, 2024Wiggin and Dana LLP announced the addition of veteran restructuring attorneys Scott Griffin and Frank Eaton to the firm’s expanding Restructuring Practice. The addition of Griffin and Eaton continues the firm’s trajectory of expansion in sophisticated restructuring work and follows the firm’s addition of Florida-based restructuring partner Tamara Van Heel in July.
-
Ares Management Corporation to Acquire GCP International
October 8, 2024Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that it has entered into a definitive agreement to acquire the international business of GLP Capital Partners Limited and certain of its affiliates, excluding its operations in Greater China (“GCP International”), and existing capital commitments to certain managed funds, in a transaction valued at $3.7 billion.
-
AFC Gamma Provides Story of Maryland with $41 Million Senior Secured Credit Facility
October 8, 2024AFC Gamma, Inc. (Nasdaq:AFCG) (“Advanced Flower Capital” or “AFC”) today announced that it has committed and funded $41 million to a senior secured credit facility to Story of Maryland, LLC (“Story MD”), a leading, vertically integrated operator in Maryland. Story MD intends to use the proceeds from the credit facility to refinance existing debt and provide working capital.
-
Valiant Energy Solutions Partners with Cambridge Savings Bank’s Asset-Based Lending Team to Expand M&A Capabilities and Deliver Innovative Total Energy Solutions
October 8, 2024Valiant Energy Solutions, a trusted name in energy services with a 60-year legacy throughout Connecticut, is excited to announce a strategic partnership with Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $7 billion in assets.
-
BrightNight Closes $440 Million Strategic Investment from Goldman Sachs Alternatives, Upsizes Corporate Credit Facility to $400 Million
October 8, 2024BrightNight, the next-generation renewable power producer built to deliver clean and dispatchable power solutions, today announced the successful closing of a $440 million strategic equity investment from Goldman Sachs Alternatives.
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