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Home > Chapters > Canada > News Detail
  • DailyPay Boosts Financial Backing with USD 100 mln Credit Facility
    October 28, 2024
    DailyPay, a provider of earned wage access solutions, has announced a USD 100 million increase in its secured credit facility from Citi.
  • Austin Financial Services Announces Significant Growth
    October 28, 2024
    Austin Financial Services is pleased to announce significant growth in the first three quarters of 2024, supported by a strong backlog of deals expected to close in Q4.
  • nFusion Capital and Iron Horse Credit Provide $5.5 million Funding to Support Kitchenware Wholesaler ​
    October 28, 2024
    nFusion Capital and Iron Horse Credit announced the funding of a $5.5 million line of credit to a wholesaler of kitchenware, chinaware, and kitchen accessories. The financing will support the Company’s working capital needs and provide a steady flow of capital during seasonal fluctuations in demand for its products.
  • Entourage Health Increases Senior Secured Credit Facility
    October 24, 2024
    Entourage Health Corp. (TSX-V: ENTG) (OTCQX: ETRGF) (FSE: 4WE) ("Entourage" or the "Company"), a Canadian producer and distributor of award-winning cannabis products, confirmed today it has signed an amendment (the "Amendment") to its senior secured amended and restated credit facility entered into on January 31, 2023 (the "Credit Facility") with an affiliate of the LiUNA Pension Fund of Central and Eastern Canada ("LPF").
  • Las Vegas Sands Secures new $4.18 Billion Credit Facility
    October 24, 2024
    Las Vegas Sands Corp. (NYSE:LVS) has entered into a new credit agreement and terminated an existing one, as per a recent 8-K filing with the U.S. Securities and Exchange Commission.
  • SFNet Advocacy Alert: Private Funds Rule Summary and Fifth Circuit Decision
    October 24, 2024
    In a significant development for the private funds industry, the U.S. Court of Appeals for the Fifth Circuit has unanimously vacated the SEC's 2023 Private Funds Rule, marking a major setback for the Commission's efforts to enhance regulation of private fund advisers. The ruling, issued this summer, found that the SEC exceeded its statutory authority in implementing the sweeping regulatory framework that would have imposed substantial new disclosure requirements and restrictions on the $26 trillion private funds industry.
  • Sallyport Commercial Finance Provides Staffing Firm With $500,000 to Power New Renewable Division
    October 24, 2024
    The client, referred by Sallyport's account executive Olivia Hudson, is expanding into a new division focused on renewable energy and this funding will enable them to meet their payroll obligations and drive business growth as they break into a new sector.
  • First Business Financial Services, Inc. Earns Prestigious Piper Sandler 2024 Sm-All Stars Recognition
    October 24, 2024
    First Business Financial Services, Inc., (Nasdaq: FBIZ), the parent company of First Business Bank, proudly announces its selection by Piper Sandler for the prestigious Sm-All Stars Class of 2024.
  • Gridiron Capital Expands Its Team with New Talent
    October 24, 2024
    Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce the following Investment and Accounting & Finance team additions: Caroline Sizer as Vice President of Portfolio Analytics, Paul Addeo as Accounting Manager, Elisa Gashaj as Tax Manager, and Will Atkins and Jemarc Walters as Investment Associates.
  • Online Auction Features More than 900 Lots of Production Rental Gear from Global Leader PRG
    October 24, 2024
    A Tiger Group online auction on November 5 will offer over 900 lots from PRG’s extensive rental inventory of professional production equipment. PRG, with offices worldwide, offers the industry’s largest inventory of professional production gear.
  • National Funding Secures Warehouse Funding from Forbright Bank
    October 24, 2024
    Dave Gilbert, CEO of National Funding and its recently launched holding company FairSquare, announces a bank line of credit commitment for $83.25 million from Forbright Bank (with a total expansion capacity of up to $150 million).
  • Comvest Credit Partners Expands Senior Credit Originations Team
    October 24, 2024
    Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that Kevin Blitz has joined the direct lending investment platform as a Managing Director.
  • Pure Fishing Completes Refinancing Transaction
    October 24, 2024
    Pure Fishing Inc., ("Company" or "Pure Fishing"), a global leader in the fishing tackle industry and portfolio company of Sycamore Partners, today announced the closing of a refinancing transaction of its outstanding debt.
  • Lawfty Announces $40 Million in Debt Financing Led by CoVenture
    October 24, 2024
    Lawfty, the data-powered personal injury law firm that offers a clear advantage for personal injury clients and firms, today announces $40 million in debt financing led by CoVenture Management LLC ("CoVenture").
  • Houlihan Lokey Grows Capital Markets Team With Seasoned Hire
    October 24, 2024
    Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Clinton Miyazono has joined as a Managing Director in its Capital Markets Group. Mr. Miyazono will supplement the firm’s credit capabilities and augment the Chicago office.
  • Ankura Taps Industry Veteran Regina Lee to Lead Risk, Forensics & Compliance Business Globally
    October 24, 2024
    Leading global expert services and advisory firm Ankura Consulting Group, LLC (“Ankura”) is pleased to announce the appointment of Regina Lee as the Global Leader of its Risk, Forensics & Compliance business.
  • KBRA Releases Research—Private Credit: Feeder Fund Rated Notes—Squaring the Circle
    October 23, 2024
    KBRA releases research highlighting key legal considerations for feeder fund rated notes. In a typical rated note structure, a feeder fund relies on debt and equity commitments provided by its investors to meet its obligations as a limited partner in a master fund.
  • Debt Finance Partner H.T. Flanagan Joins Kirkland
    October 23, 2024
    Mr. Flanagan advises private credit funds, alternative lenders and other investors in traditional private credit financings and bespoke capital solutions. He counsels such credit-oriented investors on direct originations, secondary market opportunities, complex intercreditor issues and novel structured capital investments.
  • WhiteHawk Capital Partners Announces Over $1.1 Billion of Equity Commitments
    October 23, 2024
    WhiteHawk Capital Partners, a leading asset based direct lending investment manager, announced the final closing of WhiteHawk Fund IV (“WH IV” or the “Fund”). With total equity commitments of over $1.1 billion, which includes WH IV and related vehicles.
  • Ankura Taps Steven Richards for New Role to Accelerate Innovation, Expand Service Offerings and Advance Technology Driven Legal Solutions
    October 23, 2024
    Ankura Consulting Group, LLC (“Ankura”), a leading global expert services and advisory firm, has announced that Steven Richards, who currently leads Ankura’s Global Risk, Forensics & Compliance business group, will assume the newly created position of Global Head of Legal Partnerships and Platforms.
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  • DailyPay Boosts Financial Backing with USD 100 mln Credit Facility
    October 28, 2024
    DailyPay, a provider of earned wage access solutions, has announced a USD 100 million increase in its secured credit facility from Citi.
  • Austin Financial Services Announces Significant Growth
    October 28, 2024
    Austin Financial Services is pleased to announce significant growth in the first three quarters of 2024, supported by a strong backlog of deals expected to close in Q4.
  • nFusion Capital and Iron Horse Credit Provide $5.5 million Funding to Support Kitchenware Wholesaler ​
    October 28, 2024
    nFusion Capital and Iron Horse Credit announced the funding of a $5.5 million line of credit to a wholesaler of kitchenware, chinaware, and kitchen accessories. The financing will support the Company’s working capital needs and provide a steady flow of capital during seasonal fluctuations in demand for its products.
  • Entourage Health Increases Senior Secured Credit Facility
    October 24, 2024
    Entourage Health Corp. (TSX-V: ENTG) (OTCQX: ETRGF) (FSE: 4WE) ("Entourage" or the "Company"), a Canadian producer and distributor of award-winning cannabis products, confirmed today it has signed an amendment (the "Amendment") to its senior secured amended and restated credit facility entered into on January 31, 2023 (the "Credit Facility") with an affiliate of the LiUNA Pension Fund of Central and Eastern Canada ("LPF").
  • Las Vegas Sands Secures new $4.18 Billion Credit Facility
    October 24, 2024
    Las Vegas Sands Corp. (NYSE:LVS) has entered into a new credit agreement and terminated an existing one, as per a recent 8-K filing with the U.S. Securities and Exchange Commission.
  • SFNet Advocacy Alert: Private Funds Rule Summary and Fifth Circuit Decision
    October 24, 2024
    In a significant development for the private funds industry, the U.S. Court of Appeals for the Fifth Circuit has unanimously vacated the SEC's 2023 Private Funds Rule, marking a major setback for the Commission's efforts to enhance regulation of private fund advisers. The ruling, issued this summer, found that the SEC exceeded its statutory authority in implementing the sweeping regulatory framework that would have imposed substantial new disclosure requirements and restrictions on the $26 trillion private funds industry.
  • Sallyport Commercial Finance Provides Staffing Firm With $500,000 to Power New Renewable Division
    October 24, 2024
    The client, referred by Sallyport's account executive Olivia Hudson, is expanding into a new division focused on renewable energy and this funding will enable them to meet their payroll obligations and drive business growth as they break into a new sector.
  • First Business Financial Services, Inc. Earns Prestigious Piper Sandler 2024 Sm-All Stars Recognition
    October 24, 2024
    First Business Financial Services, Inc., (Nasdaq: FBIZ), the parent company of First Business Bank, proudly announces its selection by Piper Sandler for the prestigious Sm-All Stars Class of 2024.
  • Gridiron Capital Expands Its Team with New Talent
    October 24, 2024
    Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce the following Investment and Accounting & Finance team additions: Caroline Sizer as Vice President of Portfolio Analytics, Paul Addeo as Accounting Manager, Elisa Gashaj as Tax Manager, and Will Atkins and Jemarc Walters as Investment Associates.
  • Online Auction Features More than 900 Lots of Production Rental Gear from Global Leader PRG
    October 24, 2024
    A Tiger Group online auction on November 5 will offer over 900 lots from PRG’s extensive rental inventory of professional production equipment. PRG, with offices worldwide, offers the industry’s largest inventory of professional production gear.
  • National Funding Secures Warehouse Funding from Forbright Bank
    October 24, 2024
    Dave Gilbert, CEO of National Funding and its recently launched holding company FairSquare, announces a bank line of credit commitment for $83.25 million from Forbright Bank (with a total expansion capacity of up to $150 million).
  • Comvest Credit Partners Expands Senior Credit Originations Team
    October 24, 2024
    Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that Kevin Blitz has joined the direct lending investment platform as a Managing Director.
  • Pure Fishing Completes Refinancing Transaction
    October 24, 2024
    Pure Fishing Inc., ("Company" or "Pure Fishing"), a global leader in the fishing tackle industry and portfolio company of Sycamore Partners, today announced the closing of a refinancing transaction of its outstanding debt.
  • Lawfty Announces $40 Million in Debt Financing Led by CoVenture
    October 24, 2024
    Lawfty, the data-powered personal injury law firm that offers a clear advantage for personal injury clients and firms, today announces $40 million in debt financing led by CoVenture Management LLC ("CoVenture").
  • Houlihan Lokey Grows Capital Markets Team With Seasoned Hire
    October 24, 2024
    Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Clinton Miyazono has joined as a Managing Director in its Capital Markets Group. Mr. Miyazono will supplement the firm’s credit capabilities and augment the Chicago office.
  • Ankura Taps Industry Veteran Regina Lee to Lead Risk, Forensics & Compliance Business Globally
    October 24, 2024
    Leading global expert services and advisory firm Ankura Consulting Group, LLC (“Ankura”) is pleased to announce the appointment of Regina Lee as the Global Leader of its Risk, Forensics & Compliance business.
  • KBRA Releases Research—Private Credit: Feeder Fund Rated Notes—Squaring the Circle
    October 23, 2024
    KBRA releases research highlighting key legal considerations for feeder fund rated notes. In a typical rated note structure, a feeder fund relies on debt and equity commitments provided by its investors to meet its obligations as a limited partner in a master fund.
  • Debt Finance Partner H.T. Flanagan Joins Kirkland
    October 23, 2024
    Mr. Flanagan advises private credit funds, alternative lenders and other investors in traditional private credit financings and bespoke capital solutions. He counsels such credit-oriented investors on direct originations, secondary market opportunities, complex intercreditor issues and novel structured capital investments.
  • WhiteHawk Capital Partners Announces Over $1.1 Billion of Equity Commitments
    October 23, 2024
    WhiteHawk Capital Partners, a leading asset based direct lending investment manager, announced the final closing of WhiteHawk Fund IV (“WH IV” or the “Fund”). With total equity commitments of over $1.1 billion, which includes WH IV and related vehicles.
  • Ankura Taps Steven Richards for New Role to Accelerate Innovation, Expand Service Offerings and Advance Technology Driven Legal Solutions
    October 23, 2024
    Ankura Consulting Group, LLC (“Ankura”), a leading global expert services and advisory firm, has announced that Steven Richards, who currently leads Ankura’s Global Risk, Forensics & Compliance business group, will assume the newly created position of Global Head of Legal Partnerships and Platforms.
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