Brookridge Funding is proud to announce the closing of $4,150,000 of purchase order facilities for five new clients.

Brookridge Funding is proud to announce the closing of $4,150,000 of purchase order facilities for five new clients.

LSQ, a leading provider of working capital and payments management solutions, recently originated a $12 million accounts receivable credit facility for a Minnesota-based apparel company.

Wolters Kluwer, a global leader in professional information, software solutions, and services, has appointed Mark Sherwood as Executive Vice President & Chief Information Officer (CIO). Mr. Sherwood will oversee the overall enterprise technology infrastructure of Wolters Kluwer with a focus on advancing the digital DNA, delivering next generation enterprise IT capabilities, transforming operations with AI and enhancing the workplace and customer experience.

ATC Managers, LLC has announced the successful closing of a $13 million loan to fund the ground-up construction of a new 100-room luxury hotel in the heart of Dallas. This financing initiative demonstrates ATC Managers' commitment to fostering growth in the hospitality sector and supporting innovative projects that boost the local economy.

Winston & Strawn LLP represented SPAC Advisory Partners LLC, a division of Kingswood Capital Partners, LLC, as underwriter, in connection with the closing of Shepherd Ave Capital Acquisition Corporation’s (NASDAQ: SPHAU) initial public offering.

SSG Capital Advisors, LLC (“SSG”) served as the investment banker to BIOLASE, Inc. (“BIOLASE” or the “Company”) in the sale of substantially all assets to MegaGen Implant Co., Ltd. (“MegaGen”). The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the District of Delaware. The transaction closed in November 2024.

Midwest Business Capital recently closed a $30MM revolving line of credit led by Texas Capital. With the new credit facility, Midwest is well-positioned to execute on market opportunities and organic growth of its asset-based lending portfolio.

Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitment of $20 million in growth capital to Steno, a tech-enabled provider of legal support and court reporting services.

CIBC Innovation Banking has provided a $30 million growth financing for Aerospike, a real-time database engineered for speed, scale, and cost efficiency, powering mission-critical applications across diverse use cases, including Artificial Intelligence (AI) and Machine Learning (ML). This funding will further expand the company’s go-to-market strategy and product innovation.

LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision™, today announced that LeddarTech and Texas Instruments (“TI”) have entered into a strategic collaboration agreement and a software license agreement to enable a comprehensive, integrated platform solution for advanced driver assistance systems (ADAS) and autonomous driving (AD) markets.

Frontdoor, Inc. (NASDAQ: FTDR), the nation’s leading provider of home warranties, today announced it has launched the syndication of a new $1.47 billion credit facility to fund the acquisition of 2-10 Home Buyers Warranty and to refinance the company’s existing credit facilities.

Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, announced that it is acting as an administrative agent and sole lender on an $85 million senior secured credit facility to support The Riverside Company’s acquisition of Seatex.

M&T Bank (NYSE:MTB) ("M&T") today announced the appointment of Shannon Lazare as its New Jersey Regional President. Shannon will lead the bank's local growth and community engagement initiatives throughout New Jersey. She succeeds Tom Comiskey who, after serving as M&T's New Jersey Regional President for nine years, was elevated last year to Area Executive in its Commercial Bank.

Haynes Boone is pleased to announce the promotion of 15 lawyers to the firm’s partnership ranks, effective Jan. 1, 2025.

Obra Capital, Inc. (“Obra”), an asset management firm with a specialized approach to alternative investing, today announced the final close of its inaugural Collateralized Loan Obligation offering (“CLO”), (“Obra CLO 1”).

Stonebriar, an Eldridge Industries business, originates and services a portfolio of lease and loan products secured by essential income-producing assets across the credit spectrum. Based in Plano, TX, Stonebriar’s portfolio serves as a catalyst for the U.S. economy by providing capital needed in key sectors including manufacturing, marine, aviation, rail, energy and real estate.

GoDaddy Inc. (NYSE: GDDY) announced Go Daddy Operating Company, LLC and GD Finance Co, LLC (together with Go Daddy Operating Company, LLC, the "Borrowers") allocated a $1,463 million tranche (the "Replacement Term Loans") of term loans maturing in 2029, the proceeds of which will be used to refinance all outstanding Tranche B-6 Term Loans under the Second Amended and Restated Credit Agreement, dated as of February 15, 2017.

Studio City International Holdings has secured a HK$1.945 billion revolving credit facility from a syndicate of banks, with the option to increase it by US$100 million, aimed at refinancing debt and boosting working capital.