Mountain Ridge Capital ("MRC") is pleased to announce the closing of a $30 million senior secured credit facility for a regional distributor focused on fast food and fast casual dining.

In the United States (US), Enviva Inc. has announced that the US Bankruptcy Court for the Eastern District of Virginia has approved, among other matters, its previously announced US$500 million debtor-in-possession financing (DIP Facility) under the Debtor-in-Possession Credit and Note Purchase Agreement (DIP Facility Agreement) and the procedures and related materials that will govern the syndication of the DIP Facility.

Hilco Streambank (www.HilcoStreambank.com), a leading intellectual property advisory firm specializing in intangible asset advisory services including sell-side, buy-side and valuation expertise, announced that it is seeking offers to acquire the brand assets of the Klaussner home furnishings brand.

Grasshopper, the client-first digital bank built for the business and innovation economy, today announced the addition of Gabrielle Piasio as Senior Vice President of Sponsor Banking, marking the bank's continued momentum and commitment to providing comprehensive lending and depository solutions to companies of all stages

Comerica Bank named Tim Maiden Senior Vice President, Group Manager for its Southern Dallas Business Banking Team. He will report to Corey Bailey, Executive Vice President, Executive Director, Middle Market & Business Banking

Suburban Propane Partners, L.P. (NYSE:SPH) (the "Partnership"), a nationwide distributor of propane, renewable propane, renewable natural gas, fuel oil and related products and services, as well as a marketer of natural gas and electricity and investor in low carbon fuel alternatives, today announced the refinancing of the $500 million senior secured credit facility (the "Revolving Credit Facility") of its operating partnership, Suburban Propane, L.P.

Grant Thornton LLP, one of America’s leading providers of audit and assurance, tax, and advisory services, and New Mountain Capital, LLC, a leading growth-oriented investment firm with approximately $50 billion in assets under management, today announced a significant growth investment to accelerate Grant Thornton’s business strategy.

andsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”) announced today that it intends to offer $300,000,000 aggregate principal amount of senior notes due 2029 (the “Notes”), subject to market conditions and other factors. The Notes will be guaranteed, jointly and severally, on a senior unsecured basis, by all of the Company’s material wholly owned subsidiaries as of their issuance (the “Guarantors”) and will rank pari passu with all other unsecured and unsubordinated indebtedness of the Company and Guarantors.

Barclays Bank PLC acted as Syndication Agent and Joint Lead Arranger on the Term Loan with J.P. Morgan Chase Bank, N.A. remaining as administrative agent. The additional lenders acting as Joint Lead Arrangers and Co-Documentation Agents were The Huntington National Bank, Mizuho Bank, Ltd, Raymond James Bank, Truist Bank, and Wells Fargo Bank, N.A..

Boston attorney Julia Frost-Davies is among 56 U.S. women honored in the "Recognizing Excellence: Women in Secured Finance 2024" issue of The Secured Lender, a publication of The Secured Finance Network.

First Bank has promoted Darleen Gillespie to Executive Vice President. Gillespie, who previously served as Chief Retail Banking Officer, has been instrumental in driving First Bank’s Retail Division to new heights since joining in 2022.

Working with state legislators, SFNet has been successful in getting a new safe harbor amendment introduced. Similar to California, it would provide an explicit safe harbor protecting asset-based lenders and factors who provide a good faith estimate of APR in compliance with the regulations from any liability should that estimate differ from the actual APR.

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Rafael Pereira has been appointed as a Senior Advisor to assist the firm with its expansion in Brazil.

Wingspire Capital provided a $75 million revolving line of credit to Signature Brands. The senior secured credit facility was used to refinance an existing debt facility and provide enhanced liquidity by tailoring the structure to the seasonality of the business.

Bow River Capital, a Denver-based alternative asset manager, is pleased to announce that its Private Credit Team has provided funds to support acquisition financing for Shift Paradigm ("Shift" or the "Company"). Shift is backed by Growth Catalyst Partners ("GCP") a middle-market private equity firm investing in information, marketing, and tech-enabled services businesses.

Katten announced today that seasoned litigator Kevin P. Broughel has joined the firm's Financial Markets Litigation and Enforcement practice as a partner in New York.

BlackArch Partners, a leading middle-market investment bank, is pleased to announce that Will Mackvick has been promoted to Managing Director and Brandon Boor has been promoted to Director.

CIBC Innovation Banking announced today that it has provided growth financing to Skedda, a leading global space management and scheduling platform focused on serving employees in today’s hybrid work environment. This funding will drive product innovation and further fuel Skedda’s global expansion.

In addition to Monday’s filing in U.S. Bankruptcy Court, Joann said it had received about $132 million in new financing and expected to reduce its balance sheet’s funded debt by about $505 million.

SSG Capital Advisors, LLC (“SSG”) served as the investment banker to one of the funds of St. Cloud Capital LLC (“St. Cloud”), the senior secured lender of Renters Warehouse (the “Company”), a United States-based single-family home rental services platform. SSG provided debt advisory services to St. Cloud that facilitated the sale of the assets of RW OpCo, LLC, t/a Renters Warehouse to GA Technologies Co. Ltd. through its subsidiary GA Technologies USA Inc.