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Home > Chapters > Canada > News Detail
  • First Business Bank Funds $4 Million Factoring Facility For Robotic Software Provider
    February 26, 2025
    First Business Bank’s Accounts Receivable Financing group announces the funding of a $4 million factoring facility for a software provider. The firm specializes in integrating its proprietary software to robotic systems, transforming standard automation into intelligent warehouse solutions.
  • Churchill Asset Management Completes $750 Million Middle Market CLO Offering
    February 26, 2025
    Churchill Asset Management LLC, the U.S. private capital investment-specialist of Nuveen, announced the closing of a $750 million middle market collateralized loan obligation (“CLO”), Churchill Middle Market CLO V LLC (“CLO V”), on February 25, 2025. This transaction represents the first CLO that Churchill priced in 2025 and the fifteenth CLO issued by Churchill.
  • Sunflower Bank Hires Bo Scott as Chief Banking Officer to Enhance Middle Market Growth
    February 26, 2025
    Bo Scott has joined Sunflower Bank as Executive Vice President and Chief Banking Officer. In this role, Bo is based at Sunflower Bank’s headquarters in Dallas and oversees the strategy, management and growth of its middle market efforts in all regional markets.
  • Getty Images Holdings, Inc. Announces Comprehensive Refinancing of Approximately $1.042 Billion Existing Term Loans
    February 26, 2025
    Getty Images Holdings, Inc. (NYSE: GETY) (“Getty Images”), a preeminent global visual content creator and marketplace, today announced the closing of a comprehensive refinancing of the Borrowers’ existing term loans, which were set to mature on February 19, 2026.
  • Surf Internet Raises $175 Million in New Equity and Secures Upsized $300 Million Debt Facility to Support Continued Network Expansion Across the Great Lakes Region
    February 26, 2025
    As Surf Internet® celebrates 25 years of pioneering connectivity, the company has raised $175 million in new equity funding and secured an upsized $300 million debt facility, reinforcing its commitment to delivering fiber-optic broadband to underserved communities across the Great Lakes Region.
  • Solar Developer Aspen Power Reloads $200M+ in Financing from Private Capital, Lenders
    February 25, 2025
    The new funding will support Aspen Power in expanding across the U.S. One of the financing deals is a $142 million construction-to-term credit facility with MUFG to fund this year’s project pipeline, while Aspen Power also secured a $50 million revolving credit facility with BMO which replaces an earlier arrangement with Lombard Odier Asset Management.
  • Runway Growth Capital Names Greg Greifeld Chief Investment Officer
    February 25, 2025
    Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to venture and non-venture backed companies seeking an alternative to raising equity, today announced that Greg Greifeld has been promoted to Chief Investment Officer. In his new role, Mr. Greifeld will oversee Runway's investment strategy, deal structuring, and portfolio management as the firm continues its mission of providing flexible financing solutions to high-growth companies.
  • Fortress Expands Non-Sponsor Private Lending Team with Key Appointments
    February 25, 2025
    Fortress Investment Group (“Fortress”) today announced the expansion of its non-sponsor private lending team with the appointment of Eric Hartman and Bill Tefft as Directors in Private Credit Origination.
  • Corpay® Upsizes Credit Facility by $750 million
    February 25, 2025
    Corpay, Inc. (NYSE: CPAY), a global S&P 500 corporate payments company today announced that it successfully closed on an amendment to its Term Loan B credit facility that resulted in an increase of $750 million. The transaction is leverage neutral, and the interest rate and maturity remain consistent with the existing credit facility. Initially, the Company will use the proceeds to pay down its revolver balance, resulting in approximately $1.5 billion of undrawn capacity on the revolver.
  • First Citizens Bank Provides Financing to Proof of the Pudding
    February 25, 2025
    First Citizens Bank announced today that its Sponsor Finance group provided financing to Proof of the Pudding, a Bruin Capital portfolio company.
  • SLR Business Credit Provides a Combined Credit Facility of $50 Million for Southern Transport LLC and Southern Lifting and Hoisting LLC
    February 25, 2025
    SLR Business Credit (SLRBC) is pleased to announce the funding of two new senior secured credit facilities for Southern Transport LLC and Southern Lifting and Hoisting LLC (“Southern Group” or the “Company”). Southern Group provides transportation of specialized heavy equipment through its Southern Transport Company and crane, hauling, storage, and logistics services through its Lifting and Hoisting Company.
  • Monroe Capital Supports Avathon Capital’s Acquisition of Yellow Brick Road Early Childhood Center
    February 25, 2025
    Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Yellow Brick Road Early Childhood Development Center (“Yellow Brick Road”) by Avathon Capital.
  • Apollo to Acquire Bridge Investment Group
    February 25, 2025
    Apollo (NYSE: APO) and Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced they have entered into a definitive agreement for Apollo to acquire Bridge in an all-stock transaction with an equity value of approximately $1.5 billion.
  • JPMorgan Leans Into Direct Lending with Fresh $50B Commitment
    February 25, 2025
    JPMorgan Chase & Co. is dramatically ramping up its direct-lending effort, setting aside an additional $50 billion to capture a bigger chunk of the fast-growing market. The bank is making the fresh commitment after deploying more than $10 billion from its balance sheet across over 100 private credit deals since 2021, according to Troy Rohrbaugh, co-head of JPMorgan’s commercial and investment bank, and global head of capital markets Kevin Foley.
  • Gordon Brothers Launches Commercial Equipment Finance Offering
    February 25, 2025
    Gordon Brothers, the global asset experts, has launched a Commercial Equipment Finance offering to middle-market businesses seeking efficient equipment financing options on both a direct and indirect basis.
  • Gold Royalty Announces Amended and Upsized Revolving Credit Facility to Maximum $75 Million at Reduced Interest Cost and Extended Maturity and Provides an Update on Selected Portfolio Assets
    February 24, 2025
    Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce that it has entered into an amendment agreement with the Bank of Montreal and the National Bank of Canada to amend and upsize its existing revolving credit facility (the "Facility"). The changes reduce Gold Royalty's borrowing costs and improve balance sheet flexibility.
  • Rockland Trust Appoints John Doucette as SVP and Managing Director of Middle Market and Specialized Banking
    February 24, 2025
    ockland Trust announced the appointment of John Doucette as Senior Vice President and Managing Director of Middle Market and Specialized Lending. In this role, Doucette will oversee the Middle Market and Specialized Lending divisions, focusing on driving portfolio growth, optimizing lending strategies, and strengthening relationships within target sectors.
  • AmRock Financial Launches Advisory Services to Drive Strategic Portfolio Growth for its Network of Banks & Lenders
    February 24, 2025
    AmRock Financial, a top financier for small and mid-sized companies through its exclusive network of 1,700 banks and lenders, announces the launch of its new Advisory Services. This initiative assists lenders in refining their market positioning and executing go-to-market strategies with precision, ensuring competitive and sustainable revenue growth within their investment portfolios.
  • Access Capital Provides City Safe Partners with Credit Facility
    February 24, 2025
    City Safe Partners, a woman and minority-owned business located in the heart of New York City, is comprised of a team of former executives of the NYPD as well as veteran security professionals.
  • Republic Business Credit Provides $1.5 Million Factoring Facility to Fuel Growth for Apparel Manufacturer
    February 24, 2025
    Republic Business Credit has provided a $1,500,000 non-recourse factoring facility to a California-based apparel manufacturer, fueling the company’s growth plans. The facility offers the manufacturer advances on its receivables, along with the security of credit protection and outsourced receivables management.
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  • First Business Bank Funds $4 Million Factoring Facility For Robotic Software Provider
    February 26, 2025
    First Business Bank’s Accounts Receivable Financing group announces the funding of a $4 million factoring facility for a software provider. The firm specializes in integrating its proprietary software to robotic systems, transforming standard automation into intelligent warehouse solutions.
  • Churchill Asset Management Completes $750 Million Middle Market CLO Offering
    February 26, 2025
    Churchill Asset Management LLC, the U.S. private capital investment-specialist of Nuveen, announced the closing of a $750 million middle market collateralized loan obligation (“CLO”), Churchill Middle Market CLO V LLC (“CLO V”), on February 25, 2025. This transaction represents the first CLO that Churchill priced in 2025 and the fifteenth CLO issued by Churchill.
  • Sunflower Bank Hires Bo Scott as Chief Banking Officer to Enhance Middle Market Growth
    February 26, 2025
    Bo Scott has joined Sunflower Bank as Executive Vice President and Chief Banking Officer. In this role, Bo is based at Sunflower Bank’s headquarters in Dallas and oversees the strategy, management and growth of its middle market efforts in all regional markets.
  • Getty Images Holdings, Inc. Announces Comprehensive Refinancing of Approximately $1.042 Billion Existing Term Loans
    February 26, 2025
    Getty Images Holdings, Inc. (NYSE: GETY) (“Getty Images”), a preeminent global visual content creator and marketplace, today announced the closing of a comprehensive refinancing of the Borrowers’ existing term loans, which were set to mature on February 19, 2026.
  • Surf Internet Raises $175 Million in New Equity and Secures Upsized $300 Million Debt Facility to Support Continued Network Expansion Across the Great Lakes Region
    February 26, 2025
    As Surf Internet® celebrates 25 years of pioneering connectivity, the company has raised $175 million in new equity funding and secured an upsized $300 million debt facility, reinforcing its commitment to delivering fiber-optic broadband to underserved communities across the Great Lakes Region.
  • Solar Developer Aspen Power Reloads $200M+ in Financing from Private Capital, Lenders
    February 25, 2025
    The new funding will support Aspen Power in expanding across the U.S. One of the financing deals is a $142 million construction-to-term credit facility with MUFG to fund this year’s project pipeline, while Aspen Power also secured a $50 million revolving credit facility with BMO which replaces an earlier arrangement with Lombard Odier Asset Management.
  • Runway Growth Capital Names Greg Greifeld Chief Investment Officer
    February 25, 2025
    Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to venture and non-venture backed companies seeking an alternative to raising equity, today announced that Greg Greifeld has been promoted to Chief Investment Officer. In his new role, Mr. Greifeld will oversee Runway's investment strategy, deal structuring, and portfolio management as the firm continues its mission of providing flexible financing solutions to high-growth companies.
  • Fortress Expands Non-Sponsor Private Lending Team with Key Appointments
    February 25, 2025
    Fortress Investment Group (“Fortress”) today announced the expansion of its non-sponsor private lending team with the appointment of Eric Hartman and Bill Tefft as Directors in Private Credit Origination.
  • Corpay® Upsizes Credit Facility by $750 million
    February 25, 2025
    Corpay, Inc. (NYSE: CPAY), a global S&P 500 corporate payments company today announced that it successfully closed on an amendment to its Term Loan B credit facility that resulted in an increase of $750 million. The transaction is leverage neutral, and the interest rate and maturity remain consistent with the existing credit facility. Initially, the Company will use the proceeds to pay down its revolver balance, resulting in approximately $1.5 billion of undrawn capacity on the revolver.
  • First Citizens Bank Provides Financing to Proof of the Pudding
    February 25, 2025
    First Citizens Bank announced today that its Sponsor Finance group provided financing to Proof of the Pudding, a Bruin Capital portfolio company.
  • SLR Business Credit Provides a Combined Credit Facility of $50 Million for Southern Transport LLC and Southern Lifting and Hoisting LLC
    February 25, 2025
    SLR Business Credit (SLRBC) is pleased to announce the funding of two new senior secured credit facilities for Southern Transport LLC and Southern Lifting and Hoisting LLC (“Southern Group” or the “Company”). Southern Group provides transportation of specialized heavy equipment through its Southern Transport Company and crane, hauling, storage, and logistics services through its Lifting and Hoisting Company.
  • Monroe Capital Supports Avathon Capital’s Acquisition of Yellow Brick Road Early Childhood Center
    February 25, 2025
    Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Yellow Brick Road Early Childhood Development Center (“Yellow Brick Road”) by Avathon Capital.
  • Apollo to Acquire Bridge Investment Group
    February 25, 2025
    Apollo (NYSE: APO) and Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced they have entered into a definitive agreement for Apollo to acquire Bridge in an all-stock transaction with an equity value of approximately $1.5 billion.
  • JPMorgan Leans Into Direct Lending with Fresh $50B Commitment
    February 25, 2025
    JPMorgan Chase & Co. is dramatically ramping up its direct-lending effort, setting aside an additional $50 billion to capture a bigger chunk of the fast-growing market. The bank is making the fresh commitment after deploying more than $10 billion from its balance sheet across over 100 private credit deals since 2021, according to Troy Rohrbaugh, co-head of JPMorgan’s commercial and investment bank, and global head of capital markets Kevin Foley.
  • Gordon Brothers Launches Commercial Equipment Finance Offering
    February 25, 2025
    Gordon Brothers, the global asset experts, has launched a Commercial Equipment Finance offering to middle-market businesses seeking efficient equipment financing options on both a direct and indirect basis.
  • Gold Royalty Announces Amended and Upsized Revolving Credit Facility to Maximum $75 Million at Reduced Interest Cost and Extended Maturity and Provides an Update on Selected Portfolio Assets
    February 24, 2025
    Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce that it has entered into an amendment agreement with the Bank of Montreal and the National Bank of Canada to amend and upsize its existing revolving credit facility (the "Facility"). The changes reduce Gold Royalty's borrowing costs and improve balance sheet flexibility.
  • Rockland Trust Appoints John Doucette as SVP and Managing Director of Middle Market and Specialized Banking
    February 24, 2025
    ockland Trust announced the appointment of John Doucette as Senior Vice President and Managing Director of Middle Market and Specialized Lending. In this role, Doucette will oversee the Middle Market and Specialized Lending divisions, focusing on driving portfolio growth, optimizing lending strategies, and strengthening relationships within target sectors.
  • AmRock Financial Launches Advisory Services to Drive Strategic Portfolio Growth for its Network of Banks & Lenders
    February 24, 2025
    AmRock Financial, a top financier for small and mid-sized companies through its exclusive network of 1,700 banks and lenders, announces the launch of its new Advisory Services. This initiative assists lenders in refining their market positioning and executing go-to-market strategies with precision, ensuring competitive and sustainable revenue growth within their investment portfolios.
  • Access Capital Provides City Safe Partners with Credit Facility
    February 24, 2025
    City Safe Partners, a woman and minority-owned business located in the heart of New York City, is comprised of a team of former executives of the NYPD as well as veteran security professionals.
  • Republic Business Credit Provides $1.5 Million Factoring Facility to Fuel Growth for Apparel Manufacturer
    February 24, 2025
    Republic Business Credit has provided a $1,500,000 non-recourse factoring facility to a California-based apparel manufacturer, fueling the company’s growth plans. The facility offers the manufacturer advances on its receivables, along with the security of credit protection and outsourced receivables management.
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