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Home > Chapters > Canada > News Detail
  • Buyers Edge Platform Completes a $1.1 Billion Recapitalization to Accelerate the Next Phase of Growth
    May 16, 2024
    Buyers Edge Platform (the "Company"), a leader in digital procurement solutions for the foodservice industry, today announced it has completed a $1.1B recapitalization to support its continued growth through the successful closing of a $560M Term Loan B maturing in 2031 and a $130M revolving credit facility maturing in 2031 ("new credit facilities").
  • Alliance Funding Group Strengthens Technology Finance Division with Key Leadership Appointments
    May 16, 2024
    Alliance Funding Group (AFG), a premier provider of customized equipment financing solutions since 1998, announces significant appointments within its Technology Finance division. Adam Doyle joins as Senior Vice President, Head of Technology Finance, and Eric DeHart assumes the role of Market Director, Technology Finance.
  • Monroe Capital Supports GTCR’s Acquisition of Cloudbreak Health
    May 16, 2024
    Monroe Capital LLC today announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of Cloudbreak Health (“Cloudbreak”) by GTCR.
  • Lendscape Launches Groundbreaking Data-Driven Solution to Transform Invoice Finance
    May 16, 2024
    Lendscape, the market-leading provider of commercial finance technology, today announced the launch of Lendscape CONNECT, a revolutionary solution designed to widen access to invoice finance by removing the traditional barriers involved for lenders and their clients.
  • Trinity Capital Inc. Provides $60 Million in Growth Capital to Metabolon
    May 16, 2024
    Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $60 million in growth capital to Metabolon, a global leader in providing metabolomics solutions advancing a wide variety of life science research, diagnostic, therapeutic development, and precision medicine applications.
  • Gridiron Capital Announces Fourth Partnership in GarageCo, Cedar Park Overhead Doors
    May 16, 2024
    Gridiron Capital, LLC (“Gridiron Capital” or “Gridiron”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, successfully closed its fourth partnership under the GarageCo Holdings, LLC (“GarageCo” or “the Company”) platform, with Cedar Park Overhead Doors (“Cedar Park”).
  • Caleb Smith Joins Gordon Brothers as Managing Director, North America Real Estate Services
    May 16, 2024
    In this role, Smith oversees Real Estate Services’ daily operations through the implementation of streamlined processes, procedures and methodologies and enhancing the operational platform to provide full life cycle portfolio optimization services to retail, office, commercial and industrial clients.
  • Flatbay Capital keeps the Ball Rolling With Another $2.3MM Bridge Loan Funded for a Houston-based, Aerospace Machine Shop
    May 16, 2024
    This deal was secured by the company's main operating headquarters located in one of Houston’s historically underutilized business zones (HUBZones).
  • SFNet New Member Spotlight: Goba Capital
    May 15, 2024
    Goba Capital is an alternative financing company based in Miami, FL, specializing in providing working capital solutions. With a focus on innovation and flexibility, we offer tailored financial services designed to meet the diverse needs of businesses across various industries and locations.
  • Apellis Pharmaceuticals Refinances Existing Debt with Up to $475 Million Non-Dilutive Credit Facility from Sixth Street
    May 15, 2024
    Apellis Pharmaceuticals, Inc. (Nasdaq: APLS), today announced that it has entered into a non-dilutive, senior secured credit facility with Sixth Street, a leading global investment firm, of up to $475 million, with approximately $375 million funded at close. Apellis can draw down an additional $100 million under the facility at the company’s option prior to September 2025, subject to satisfaction of certain conditions. Additionally, the Sixth Street agreement also permits Apellis to access $100 million through a separate third-party working capital facility.
  • Trinity Capital Inc. Provides $25 Million in Growth Capital to Elevate K-12
    May 15, 2024
    Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $25 million in growth capital to Elevate K-12 ("Elevate"), a Chicago-based company that provides high-quality synchronous LIVE teaching for K-12 classrooms in the United States.
  • Citizens Builds on Growing Presence in Florida, Announces First Market President
    May 15, 2024
    Citizens Financial Group, Inc. (NYSE: CFG) today announced that Jim Weiss has joined Citizens as Florida market president to bring additional local focus and expertise as Citizens continues to grow its presence in Florida.
  • Online Auction Features Surplus AV Gear from the Ongoing Operations of Premier Global Rental Company
    May 15, 2024
    An online auction hosted by Tiger Group on May 21 features the highest-quality rental and production-ready AV gear to be sold in North America, the company announced.
  • Amerisource Closes $2,500,000 Working Capital Facility for Printing Firm
    May 15, 2024
    Amerisource Business Capital announced the closing and funding of a $2,500,000 working capital facility for a Utah-based commercial printer. The proceeds were used to support the company’s recent significant growth.
  • eCapital Corp. Provides a $10 Million Factoring Facility for a Energy Sector Staffing Leader
    May 15, 2024
    eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, announced the recent completion of a $10 million factoring facility for a prominent Canada-based staffing company specializing in the recruitment and management of talent in the global energy sector.
  • Gordon Brothers Expands Presence in the Middle East & Asia Pacific
    May 15, 2024
    Gordon Brothers, the global asset experts, opened two new offices in Dubai and Auckland, expanding the firm’s presence in the Middle East and Asia Pacific. Gordon Brothers has been active in the Middle East since 2023 and provides holistic solutions across asset services and trading to retail and industrial clients in the region with a focus on servicing companies, financial institutions and their advisors.
  • Womble Elects New US Leadership, Names Merrick Benn Chair and CEO-Elect
    May 15, 2024
    Womble Bond Dickinson (US) LLP announced today that Merrick Benn has been elected US Chair and CEO, effective January 1, 2025. Currently a member of the firm’s Global Board, Benn will succeed Betty Temple, who has served as US Chair and CEO since 2016. They will work closely with the Firm Management Committee to ensure a successful transition.
  • Squarespace Lines up Private Credit Financing for Take-Private Deal
    May 15, 2024
    Website-building platform Squarespace has lined up $2.65 billion in private credit financing to support its $6.9 billion all-cash take-private by Permira. Blackstone Credit & Insurance is lead left arranger and Blue Owl Capital and Ares Capital Corp. are joint lead arrangers on the transaction financing, according to a May 13 company statement.
  • Berry Global Announces Pricing of Offering of First Priority Senior Secured Notes
    May 15, 2024
    Berry Global Group, Inc. (NYSE: BERY) (“Berry”), a leading supplier of packaging solutions for consumer goods and industrial products, announced today the pricing of a private placement launched May 13, 2024, by its wholly owned subsidiary, Berry Global, Inc. (the “Issuer”).
  • Aequum Capital Provides $9.3MM in Credit Facilities to Midwest Based Aerospace and Defense Manufacturing Company
    May 15, 2024
    Aequum Capital is pleased to announce it recently provided a $5MM revolving credit facility and $4.3MM term loan to a Midwest-based manufacturing company. The proceeds of the facilities were used to refinance the Company's Main Street Loan ("MSL") which was facing a near term maturity. In addition, the MSL prevented the Company from accessing a working capital line of credit
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  • Buyers Edge Platform Completes a $1.1 Billion Recapitalization to Accelerate the Next Phase of Growth
    May 16, 2024
    Buyers Edge Platform (the "Company"), a leader in digital procurement solutions for the foodservice industry, today announced it has completed a $1.1B recapitalization to support its continued growth through the successful closing of a $560M Term Loan B maturing in 2031 and a $130M revolving credit facility maturing in 2031 ("new credit facilities").
  • Alliance Funding Group Strengthens Technology Finance Division with Key Leadership Appointments
    May 16, 2024
    Alliance Funding Group (AFG), a premier provider of customized equipment financing solutions since 1998, announces significant appointments within its Technology Finance division. Adam Doyle joins as Senior Vice President, Head of Technology Finance, and Eric DeHart assumes the role of Market Director, Technology Finance.
  • Monroe Capital Supports GTCR’s Acquisition of Cloudbreak Health
    May 16, 2024
    Monroe Capital LLC today announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of Cloudbreak Health (“Cloudbreak”) by GTCR.
  • Lendscape Launches Groundbreaking Data-Driven Solution to Transform Invoice Finance
    May 16, 2024
    Lendscape, the market-leading provider of commercial finance technology, today announced the launch of Lendscape CONNECT, a revolutionary solution designed to widen access to invoice finance by removing the traditional barriers involved for lenders and their clients.
  • Trinity Capital Inc. Provides $60 Million in Growth Capital to Metabolon
    May 16, 2024
    Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $60 million in growth capital to Metabolon, a global leader in providing metabolomics solutions advancing a wide variety of life science research, diagnostic, therapeutic development, and precision medicine applications.
  • Gridiron Capital Announces Fourth Partnership in GarageCo, Cedar Park Overhead Doors
    May 16, 2024
    Gridiron Capital, LLC (“Gridiron Capital” or “Gridiron”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, successfully closed its fourth partnership under the GarageCo Holdings, LLC (“GarageCo” or “the Company”) platform, with Cedar Park Overhead Doors (“Cedar Park”).
  • Caleb Smith Joins Gordon Brothers as Managing Director, North America Real Estate Services
    May 16, 2024
    In this role, Smith oversees Real Estate Services’ daily operations through the implementation of streamlined processes, procedures and methodologies and enhancing the operational platform to provide full life cycle portfolio optimization services to retail, office, commercial and industrial clients.
  • Flatbay Capital keeps the Ball Rolling With Another $2.3MM Bridge Loan Funded for a Houston-based, Aerospace Machine Shop
    May 16, 2024
    This deal was secured by the company's main operating headquarters located in one of Houston’s historically underutilized business zones (HUBZones).
  • SFNet New Member Spotlight: Goba Capital
    May 15, 2024
    Goba Capital is an alternative financing company based in Miami, FL, specializing in providing working capital solutions. With a focus on innovation and flexibility, we offer tailored financial services designed to meet the diverse needs of businesses across various industries and locations.
  • Apellis Pharmaceuticals Refinances Existing Debt with Up to $475 Million Non-Dilutive Credit Facility from Sixth Street
    May 15, 2024
    Apellis Pharmaceuticals, Inc. (Nasdaq: APLS), today announced that it has entered into a non-dilutive, senior secured credit facility with Sixth Street, a leading global investment firm, of up to $475 million, with approximately $375 million funded at close. Apellis can draw down an additional $100 million under the facility at the company’s option prior to September 2025, subject to satisfaction of certain conditions. Additionally, the Sixth Street agreement also permits Apellis to access $100 million through a separate third-party working capital facility.
  • Trinity Capital Inc. Provides $25 Million in Growth Capital to Elevate K-12
    May 15, 2024
    Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $25 million in growth capital to Elevate K-12 ("Elevate"), a Chicago-based company that provides high-quality synchronous LIVE teaching for K-12 classrooms in the United States.
  • Citizens Builds on Growing Presence in Florida, Announces First Market President
    May 15, 2024
    Citizens Financial Group, Inc. (NYSE: CFG) today announced that Jim Weiss has joined Citizens as Florida market president to bring additional local focus and expertise as Citizens continues to grow its presence in Florida.
  • Online Auction Features Surplus AV Gear from the Ongoing Operations of Premier Global Rental Company
    May 15, 2024
    An online auction hosted by Tiger Group on May 21 features the highest-quality rental and production-ready AV gear to be sold in North America, the company announced.
  • Amerisource Closes $2,500,000 Working Capital Facility for Printing Firm
    May 15, 2024
    Amerisource Business Capital announced the closing and funding of a $2,500,000 working capital facility for a Utah-based commercial printer. The proceeds were used to support the company’s recent significant growth.
  • eCapital Corp. Provides a $10 Million Factoring Facility for a Energy Sector Staffing Leader
    May 15, 2024
    eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, announced the recent completion of a $10 million factoring facility for a prominent Canada-based staffing company specializing in the recruitment and management of talent in the global energy sector.
  • Gordon Brothers Expands Presence in the Middle East & Asia Pacific
    May 15, 2024
    Gordon Brothers, the global asset experts, opened two new offices in Dubai and Auckland, expanding the firm’s presence in the Middle East and Asia Pacific. Gordon Brothers has been active in the Middle East since 2023 and provides holistic solutions across asset services and trading to retail and industrial clients in the region with a focus on servicing companies, financial institutions and their advisors.
  • Womble Elects New US Leadership, Names Merrick Benn Chair and CEO-Elect
    May 15, 2024
    Womble Bond Dickinson (US) LLP announced today that Merrick Benn has been elected US Chair and CEO, effective January 1, 2025. Currently a member of the firm’s Global Board, Benn will succeed Betty Temple, who has served as US Chair and CEO since 2016. They will work closely with the Firm Management Committee to ensure a successful transition.
  • Squarespace Lines up Private Credit Financing for Take-Private Deal
    May 15, 2024
    Website-building platform Squarespace has lined up $2.65 billion in private credit financing to support its $6.9 billion all-cash take-private by Permira. Blackstone Credit & Insurance is lead left arranger and Blue Owl Capital and Ares Capital Corp. are joint lead arrangers on the transaction financing, according to a May 13 company statement.
  • Berry Global Announces Pricing of Offering of First Priority Senior Secured Notes
    May 15, 2024
    Berry Global Group, Inc. (NYSE: BERY) (“Berry”), a leading supplier of packaging solutions for consumer goods and industrial products, announced today the pricing of a private placement launched May 13, 2024, by its wholly owned subsidiary, Berry Global, Inc. (the “Issuer”).
  • Aequum Capital Provides $9.3MM in Credit Facilities to Midwest Based Aerospace and Defense Manufacturing Company
    May 15, 2024
    Aequum Capital is pleased to announce it recently provided a $5MM revolving credit facility and $4.3MM term loan to a Midwest-based manufacturing company. The proceeds of the facilities were used to refinance the Company's Main Street Loan ("MSL") which was facing a near term maturity. In addition, the MSL prevented the Company from accessing a working capital line of credit
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