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Home > Chapters > Canada > News Detail
  • Construction Executive Ranks CohnReznick 10th Among Its Top Construction Accounting Firms
    August 19, 2024
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced it has been ranked the number 10 construction accounting firm by Construction Executive. This marks the fourth consecutive year the firm has received a top 10 ranking.
  • BRG Financial Institution Advisory Practice Adds Managing Director Michael Hollerich
    August 19, 2024
    BRG announced today that Michael Hollerich has joined the firm’s Financial Institution Advisory practice as a managing director in Dallas. Hollerich brings over 25 years of leadership experience in financial services risk and consulting.
  • New NFIB Survey: Inflation Continues to Plague Main Street
    August 19, 2024
    The NFIB Small Business Optimism Index rose 2.2 points in July to 93.7, the highest reading since February 2022. However, this is the 31st consecutive month below the 50-year average of 98. Inflation remains the top issue among small business owners, with 25% reporting it as their single most important problem in operating their business, up four points from June.
  • CIBC Innovation Banking Provides Growth Capital to Boosted.ai
    August 19, 2024
    CIBC Innovation Banking announced today that it has provided $10 million in growth capital to Boosted.ai, a Toronto-based company that uses AI to automate investment management processes and increase productivity. Boosted.ai will use the funds to invest in product development and sales expansion in the Canadian and US market.
  • Tower Partners Lands Buyer for REV Capital’s U.S. Transportation Factoring Portfolio: The Financial Unit of Love’s Travel Stops
    August 19, 2024
    Tower Partners, a lower-middle market investment bank with a focus on family, founder, and entrepreneurial-led businesses, announced today that it has successfully executed the sale of REV Capital’s U.S. transportation factoring portfolio to the financial services division of Love’s Travel Stops.
  • nFusion Capital Fuels Growth with Enhanced Junior Capital Facility from Haversine
    August 19, 2024
    nFusion Capital Finance, LLC, a leading commercial finance company for entrepreneurs, announced that it has increased its junior capital credit facility to $17.5 million with Haversine Funding. Last month, nFusion announced that it had increased its senior secured credit facility with a consortium of lenders.
  • SSG Places Debt Financing for Pegasus Home Fashions
    August 19, 2024
    SSG Capital Advisors, LLC (“SSG”) served as the investment banker to Pegasus Home Fashions, Inc. and its affiliated entities (collectively, “Pegasus” or the “Company”) in the private placement of a $25 million revolving credit facility with Ares Management, LLC. The financing enabled Pegasus to refinance existing indebtedness and will provide additional capital for growth.
  • King Trade Capital Upsizes Purchase Order Finance Facility to Dry Foods Manufacturer by 50%
    August 15, 2024
    King Trade Capital (“KTC”) is pleased to announce the finance facility increase of $2.5MM for an existing dry baked goods manufacturing client.
  • Cliffwater Corporate Lending Fund Announces Completion of $1.370 Billion Investment Grade Secured Notes Offering
    August 15, 2024
    Cliffwater Corporate Lending Fund ("CCLFX" or "the Fund"), a diversified interval fund focused on consistent income through corporate middle market direct lending, is pleased to announce the closing of its seventh privately-placed Senior Secured Notes (the "Notes") offering, totaling $1.370 billion in principal amount.
  • Prestige Capital Extends a $1,000,000 Facility to a Southeastern Based Technology Company
    August 15, 2024
    A technology company that designs software for call centers required capital to support its growth. In partnership with the company's investor, Prestige Capital provided the necessary funds for this business to expand.
  • Monroe Capital Supports Medusind’s Add-on Acquisitions
    August 15, 2024
    Monroe Capital LLC announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisitions of Billing Solutions, LLC (“Billing Solutions”) and edgeMED Healthcare (“edgeMED”) by Medusind Solutions Inc. (“Medusind”), an existing portfolio company of Alpine Investors.
  • ADMA Biologics Announces Partial Paydown of Revolving Credit Facility
    August 15, 2024
    ADMA Biologics, Inc. (Nasdaq: ADMA) (“ADMA” or the “Company”), an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty biologics, today announced it has repaid $30 million from its original $72.5 million revolving credit facility with Ares Capital.
  • Cannabis Operator TerrAscend Secures $140 million Loan
    August 15, 2024
    TerrAscend Corp., a Canadian-headquartered cannabis operator with U.S. assets, has closed on a $140 million senior secured term loan from FocusGrowth Asset Management, a leading capital provider to the marijuana sector, and other members of a loan syndicate.
  • BHI Provides $35 Million In Financing to Naftali Group for A 70-Story Mixed Used Development
    August 14, 2024
    BHI, the U.S division of Bank Hapoalim and a full-service commercial bank, today announced that it has provided $35 million to Naftali Group, a leading privately held, global real estate development and investment firm, in predevelopment financing for a 70-story tower located at 1016 NE 2nd Avenue in Miami Florida.
  • Sameer Kapoor Bolsters Parker Hudson’s Bankruptcy, Restructuring & Creditor Rights Practice
    August 14, 2024
    Parker Hudson, a mid-sized law firm with an integrated collection of high value boutique business practices, is pleased to announce that Sameer Kapoor has joined the Firm’s Atlanta office as a partner in the Bankruptcy, Restructuring & Creditor Rights Practice Group.
  • B. Riley Securities Advises Neurosurgery One on its Strategic Joint Venture with AdventHealth
    August 14, 2024
    B. Riley Securities, Inc. ("B. Riley"), a leading middle market investment bank and subsidiary of B. Riley Financial, Inc. (Nasdaq: RILY), is pleased to have served as financial advisor to Neurosurgery One Holdings, LLC (“NSO”), a prominent neurosurgical and pain management practice in the Denver metropolitan area, in its successful joint venture with AdventHealth, a nationwide network of non-profit hospitals and outpatient health care facilities operating in nearly a dozen states.
  • SLR Healthcare ABL Provides $5MM Asset-Based Revolving Credit Facility to Large Regional Home Care Agency
    August 14, 2024
    SLR Healthcare ABL has provided a $5MM asset-based revolving credit facility to a large regional home care agency providing Medicaid personal care services to over 1,200 elderly and disabled adults.
  • Commercial Credit Group Inc. Closes 18th Term ABS for $458,688,000 (CCGR Trust 2024-1) ​
    August 14, 2024
    Charlotte-based equipment finance company closes its eighteenth asset-backed security transaction, providing funding for ongoing growth.
  • eCapital Provides $15 Million Facility to Support Water Brand’s Growth Through Accounts Receivable and Inventory Financing
    August 14, 2024
    ​eCapital Corp. (“eCapital”), a leading finance provider across North America and the United Kingdom, today announced the funding of a $15 million confidential factoring plus inventory facility for a U.S.-based sponsor-backed beverage company.
  • Republic Business Credit Funds $4.25 Million Asset-Based Loan for Food and Beverage Manufacturer
    August 13, 2024
    When a renowned beverage manufacturing company found itself with insufficient working capital from its lender, it partnered with Republic Business Credit to expand its access to flexible working capital.
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  • Construction Executive Ranks CohnReznick 10th Among Its Top Construction Accounting Firms
    August 19, 2024
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced it has been ranked the number 10 construction accounting firm by Construction Executive. This marks the fourth consecutive year the firm has received a top 10 ranking.
  • BRG Financial Institution Advisory Practice Adds Managing Director Michael Hollerich
    August 19, 2024
    BRG announced today that Michael Hollerich has joined the firm’s Financial Institution Advisory practice as a managing director in Dallas. Hollerich brings over 25 years of leadership experience in financial services risk and consulting.
  • New NFIB Survey: Inflation Continues to Plague Main Street
    August 19, 2024
    The NFIB Small Business Optimism Index rose 2.2 points in July to 93.7, the highest reading since February 2022. However, this is the 31st consecutive month below the 50-year average of 98. Inflation remains the top issue among small business owners, with 25% reporting it as their single most important problem in operating their business, up four points from June.
  • CIBC Innovation Banking Provides Growth Capital to Boosted.ai
    August 19, 2024
    CIBC Innovation Banking announced today that it has provided $10 million in growth capital to Boosted.ai, a Toronto-based company that uses AI to automate investment management processes and increase productivity. Boosted.ai will use the funds to invest in product development and sales expansion in the Canadian and US market.
  • Tower Partners Lands Buyer for REV Capital’s U.S. Transportation Factoring Portfolio: The Financial Unit of Love’s Travel Stops
    August 19, 2024
    Tower Partners, a lower-middle market investment bank with a focus on family, founder, and entrepreneurial-led businesses, announced today that it has successfully executed the sale of REV Capital’s U.S. transportation factoring portfolio to the financial services division of Love’s Travel Stops.
  • nFusion Capital Fuels Growth with Enhanced Junior Capital Facility from Haversine
    August 19, 2024
    nFusion Capital Finance, LLC, a leading commercial finance company for entrepreneurs, announced that it has increased its junior capital credit facility to $17.5 million with Haversine Funding. Last month, nFusion announced that it had increased its senior secured credit facility with a consortium of lenders.
  • SSG Places Debt Financing for Pegasus Home Fashions
    August 19, 2024
    SSG Capital Advisors, LLC (“SSG”) served as the investment banker to Pegasus Home Fashions, Inc. and its affiliated entities (collectively, “Pegasus” or the “Company”) in the private placement of a $25 million revolving credit facility with Ares Management, LLC. The financing enabled Pegasus to refinance existing indebtedness and will provide additional capital for growth.
  • King Trade Capital Upsizes Purchase Order Finance Facility to Dry Foods Manufacturer by 50%
    August 15, 2024
    King Trade Capital (“KTC”) is pleased to announce the finance facility increase of $2.5MM for an existing dry baked goods manufacturing client.
  • Cliffwater Corporate Lending Fund Announces Completion of $1.370 Billion Investment Grade Secured Notes Offering
    August 15, 2024
    Cliffwater Corporate Lending Fund ("CCLFX" or "the Fund"), a diversified interval fund focused on consistent income through corporate middle market direct lending, is pleased to announce the closing of its seventh privately-placed Senior Secured Notes (the "Notes") offering, totaling $1.370 billion in principal amount.
  • Prestige Capital Extends a $1,000,000 Facility to a Southeastern Based Technology Company
    August 15, 2024
    A technology company that designs software for call centers required capital to support its growth. In partnership with the company's investor, Prestige Capital provided the necessary funds for this business to expand.
  • Monroe Capital Supports Medusind’s Add-on Acquisitions
    August 15, 2024
    Monroe Capital LLC announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisitions of Billing Solutions, LLC (“Billing Solutions”) and edgeMED Healthcare (“edgeMED”) by Medusind Solutions Inc. (“Medusind”), an existing portfolio company of Alpine Investors.
  • ADMA Biologics Announces Partial Paydown of Revolving Credit Facility
    August 15, 2024
    ADMA Biologics, Inc. (Nasdaq: ADMA) (“ADMA” or the “Company”), an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty biologics, today announced it has repaid $30 million from its original $72.5 million revolving credit facility with Ares Capital.
  • Cannabis Operator TerrAscend Secures $140 million Loan
    August 15, 2024
    TerrAscend Corp., a Canadian-headquartered cannabis operator with U.S. assets, has closed on a $140 million senior secured term loan from FocusGrowth Asset Management, a leading capital provider to the marijuana sector, and other members of a loan syndicate.
  • BHI Provides $35 Million In Financing to Naftali Group for A 70-Story Mixed Used Development
    August 14, 2024
    BHI, the U.S division of Bank Hapoalim and a full-service commercial bank, today announced that it has provided $35 million to Naftali Group, a leading privately held, global real estate development and investment firm, in predevelopment financing for a 70-story tower located at 1016 NE 2nd Avenue in Miami Florida.
  • Sameer Kapoor Bolsters Parker Hudson’s Bankruptcy, Restructuring & Creditor Rights Practice
    August 14, 2024
    Parker Hudson, a mid-sized law firm with an integrated collection of high value boutique business practices, is pleased to announce that Sameer Kapoor has joined the Firm’s Atlanta office as a partner in the Bankruptcy, Restructuring & Creditor Rights Practice Group.
  • B. Riley Securities Advises Neurosurgery One on its Strategic Joint Venture with AdventHealth
    August 14, 2024
    B. Riley Securities, Inc. ("B. Riley"), a leading middle market investment bank and subsidiary of B. Riley Financial, Inc. (Nasdaq: RILY), is pleased to have served as financial advisor to Neurosurgery One Holdings, LLC (“NSO”), a prominent neurosurgical and pain management practice in the Denver metropolitan area, in its successful joint venture with AdventHealth, a nationwide network of non-profit hospitals and outpatient health care facilities operating in nearly a dozen states.
  • SLR Healthcare ABL Provides $5MM Asset-Based Revolving Credit Facility to Large Regional Home Care Agency
    August 14, 2024
    SLR Healthcare ABL has provided a $5MM asset-based revolving credit facility to a large regional home care agency providing Medicaid personal care services to over 1,200 elderly and disabled adults.
  • Commercial Credit Group Inc. Closes 18th Term ABS for $458,688,000 (CCGR Trust 2024-1) ​
    August 14, 2024
    Charlotte-based equipment finance company closes its eighteenth asset-backed security transaction, providing funding for ongoing growth.
  • eCapital Provides $15 Million Facility to Support Water Brand’s Growth Through Accounts Receivable and Inventory Financing
    August 14, 2024
    ​eCapital Corp. (“eCapital”), a leading finance provider across North America and the United Kingdom, today announced the funding of a $15 million confidential factoring plus inventory facility for a U.S.-based sponsor-backed beverage company.
  • Republic Business Credit Funds $4.25 Million Asset-Based Loan for Food and Beverage Manufacturer
    August 13, 2024
    When a renowned beverage manufacturing company found itself with insufficient working capital from its lender, it partnered with Republic Business Credit to expand its access to flexible working capital.
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