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Home > Chapters > Canada > News Detail
  • Commercial Credit Group Inc. Celebrates 20 Years of Equipment Financing
    October 21, 2024
    Commercial Credit Group Inc. (CCG), an independent equipment finance company serving the construction, manufacturing, transportation, and waste industries held employee events on Friday, October 18, to celebrate the 20th anniversary of the company’s founding.
  • Pathlight Capital Serves as Documentation Agent on $425MM SPV ABL Facility and $120MM Retail Inventory ABL Facility for The Aaron's Company
    October 21, 2024
    Pathlight Capital LP ("Pathlight" or "Pathlight Capital") announced it is serving as the Documentation Agent on a $425,000,000 SPV ABL facility ("SPV ABL") and $120,000,000 retail inventory ABL facility ("Retail ABL") for The Aaron's Company, Inc. ("Aaron's", or the "Company"), an omni channel provider of lease-to-own ("LTO") and retail purchase solutions of furniture, consumer electronics, and home appliances across its brands: Aaron's, BrandsMart U.S.A, BrandsMart Leasing, and Woodhaven.
  • Atlantic Union Bankshares Corporation Announces Agreement to Acquire Sandy Spring Bancorp
    October 21, 2024
    Atlantic Union Bankshares Corporation (“Atlantic Union”) (NYSE: AUB) and Sandy Spring Bancorp (“Sandy Spring”) (Nasdaq: SASR) jointly announced today that they have entered into a definitive merger agreement for Atlantic Union to acquire Sandy Spring in an all-stock transaction valued at approximately $1.6 billion.
  • Portage Point Partners Announces Addition of Ryan Senter to Performance Improvement Practice
    October 21, 2024
    Portage Point Partners, LLC (Portage Point), a blue chip advisory, consulting, interim management and financial services firm focused on the middle market, welcomes Ryan Senter as a Managing Director in the Performance Improvement practice.
  • Staffing Powerhouse Secures $50 Million Facility from eCapital to Meet Energy Sector Demands ​
    October 21, 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 completion of a $50 million confidential factoring facility for a prominent staffing company specializing in power and energy
  • M&A Disputes Report: Five Years in Review: Lessons Learned and Future Outlook
    October 21, 2024
    Launched today, BRG’s "M&A Disputes Report: Five Years in Review – Lessons Learned and Future Outlook" examines the evolution of the M&A disputes landscape since BRG’s research into this area first launched in 2020.
  • Marathon Asset Management and Webster Bank Provide Senior Secured Financing for the Acquisition of PK Companies
    October 21, 2024
    Marathon Asset Management (“Marathon”), a leading global credit manager with more than $23 billion of Assets Under Management, and Webster Bank, N.A. (“Webster Bank”), a leading commercial bank in the Northeast with $76 billion in total assets, are pleased to announce the closing of a senior-secured financing to PK Companies Group, LLC (“PK”) to help facilitate the acquisition by DC Capital Partners Management, LP (“DC Capital”).
  • Reynolds Consumer Products Announces Extended and Upsized Revolving Credit Facility
    October 21, 2024
    Reynolds Consumer Products Inc. (Nasdaq: REYN) (the “Company”), a leading provider of household products, today announced an amendment to its credit agreement that provides a new revolving credit facility through a syndicate of banks led by Wells Fargo.
  • Culain Capital Funding, LLC Completes Capital Raise to Accelerate Growth and Fund New Clients
    October 21, 2024
    Culain Capital Funding, LLC, a leading factor and asset-based lender, is pleased to announce the closing of a new $30 million senior lending facility with Texas Capital. This strategic partnership will provide Culain Capital with enhanced capabilities to expand its working capital solutions, allowing the firm to support a broader range of businesses in need of flexible financing options.
  • Greenbelt Environmental Services Secures Credit Facility to Support Growth and Innovation
    October 17, 2024
    Greenbelt Environmental Services ("GES"), a leading provider of comprehensive waste and recycling solutions, is pleased to announce the successful closing of a new credit facility (the "Financing"). The Financing will enable GES to execute its strategic growth initiatives, including investments in capacity expansion and technological solutions to enhance the customer experience.
  • Mitsubishi HC Capital America Strengthens Channel Finance Capabilities with Hiring of Paul Slocum ​
    October 17, 2024
    Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is pleased to announce that Paul Slocum has joined the company as Vice President of Sales for the technology finance team.
  • Bank Economists: Credit Conditions Expected to Improve for Both Consumers and Small Businesses for First Time Since 2022
    October 17, 2024
    For the first time in nearly three years, lending conditions are expected to strengthen over the next six months for both consumers and businesses, according to the American Bankers Association’s latest Credit Conditions Index released today.
  • Jon Fox Joins MidOcean Partners as Global Head of Capital Formation
    October 17, 2024
    MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager specializing in middle-market private equity, structured capital and alternative credit investments, announced today that Jon Fox, former President of the alternative investment firm Värde, has joined the firm as Global Head of Capital Formation.
  • Assembled Brands Capital Extends Multiple Credit Facility Increases In Q3 2024
    October 17, 2024
    Assembled Brands Capital is pleased to announce multiple credit facility extensions for a range of high-growth consumer product companies within its portfolio. This initiative reinforces the asset-based lender’s commitment to empowering fast-growing businesses in the consumer products ecosystem, enabling them to capitalize on new growth opportunities and drive innovation.
  • Monroe Capital Supports the Growth of Izzio Artisan Bakery
    October 17, 2024
    Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth of Izzio Artisan Bakery.
  • MONTICELLOAM, LLC Closes $32 Million in Bridge Financing for Multifamily Property in Heber City, Utah ​
    October 17, 2024
    MONTICELLOAM, LLC (“MonticelloAM”) announced today the closing of a $32,000,000 floating-rate senior bridge loan for a multifamily community in Heber City, Utah, approximately 12 miles south of Park City.
  • Jeffrey Tyo Joins Gordon Brothers as Managing Director, Commercial & Industrial
    October 17, 2024
    Jeffrey Tyo has joined Gordon Brothers, the global asset experts, as Managing Director, Commercial & Industrial. In this role, Tyo will expand Gordon Brothers’ presence on the West Coast by developing and strengthening the firm’s relationships with corporate clients, lenders, private equity firms, investment bankers and restructuring advisors focused on the consumer packaged goods industry.
  • Wolters Kluwer Achieves Top Ten Ranking in Chartis RiskTech100® 2025
    October 16, 2024
    Wolters Kluwer, a global leader in professional information, software solutions, has achieved a global top ten ranking from Chartis Research in the prestigious Chartis RiskTech 100 2025 report. Ranked tenth overall, Wolters Kluwer also received Category Awards for Liquidity Risk and, for the third consecutive year, Regulatory Intelligence.
  • Cambridge Savings Bank Extends New Credit Facility to Accelerate Growth for Fabrizia Spirits
    October 16, 2024
    Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $7 billion in assets, today announced that its Asset-Based Lending (ABL) team has provided a new credit facility to Fabrizia Spirits, a leading citrus spirits manufacturer in the United States.
  • Altriarch Closes $40 Million Senior Debt Facility for LeasePoint Funding Group, LLC
    October 16, 2024
    Altriarch Asset Management (“Altriarch”) today announced that it has provided a $40 million senior secured revolving line of credit to LeasePoint Funding Group, LLC (“LeasePoint” or the “Company”). The Company, based in Austin, Texas, is a rapidly growing equipment financing company that provides working capital to medical practices.
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  • Commercial Credit Group Inc. Celebrates 20 Years of Equipment Financing
    October 21, 2024
    Commercial Credit Group Inc. (CCG), an independent equipment finance company serving the construction, manufacturing, transportation, and waste industries held employee events on Friday, October 18, to celebrate the 20th anniversary of the company’s founding.
  • Pathlight Capital Serves as Documentation Agent on $425MM SPV ABL Facility and $120MM Retail Inventory ABL Facility for The Aaron's Company
    October 21, 2024
    Pathlight Capital LP ("Pathlight" or "Pathlight Capital") announced it is serving as the Documentation Agent on a $425,000,000 SPV ABL facility ("SPV ABL") and $120,000,000 retail inventory ABL facility ("Retail ABL") for The Aaron's Company, Inc. ("Aaron's", or the "Company"), an omni channel provider of lease-to-own ("LTO") and retail purchase solutions of furniture, consumer electronics, and home appliances across its brands: Aaron's, BrandsMart U.S.A, BrandsMart Leasing, and Woodhaven.
  • Atlantic Union Bankshares Corporation Announces Agreement to Acquire Sandy Spring Bancorp
    October 21, 2024
    Atlantic Union Bankshares Corporation (“Atlantic Union”) (NYSE: AUB) and Sandy Spring Bancorp (“Sandy Spring”) (Nasdaq: SASR) jointly announced today that they have entered into a definitive merger agreement for Atlantic Union to acquire Sandy Spring in an all-stock transaction valued at approximately $1.6 billion.
  • Portage Point Partners Announces Addition of Ryan Senter to Performance Improvement Practice
    October 21, 2024
    Portage Point Partners, LLC (Portage Point), a blue chip advisory, consulting, interim management and financial services firm focused on the middle market, welcomes Ryan Senter as a Managing Director in the Performance Improvement practice.
  • Staffing Powerhouse Secures $50 Million Facility from eCapital to Meet Energy Sector Demands ​
    October 21, 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 completion of a $50 million confidential factoring facility for a prominent staffing company specializing in power and energy
  • M&A Disputes Report: Five Years in Review: Lessons Learned and Future Outlook
    October 21, 2024
    Launched today, BRG’s "M&A Disputes Report: Five Years in Review – Lessons Learned and Future Outlook" examines the evolution of the M&A disputes landscape since BRG’s research into this area first launched in 2020.
  • Marathon Asset Management and Webster Bank Provide Senior Secured Financing for the Acquisition of PK Companies
    October 21, 2024
    Marathon Asset Management (“Marathon”), a leading global credit manager with more than $23 billion of Assets Under Management, and Webster Bank, N.A. (“Webster Bank”), a leading commercial bank in the Northeast with $76 billion in total assets, are pleased to announce the closing of a senior-secured financing to PK Companies Group, LLC (“PK”) to help facilitate the acquisition by DC Capital Partners Management, LP (“DC Capital”).
  • Reynolds Consumer Products Announces Extended and Upsized Revolving Credit Facility
    October 21, 2024
    Reynolds Consumer Products Inc. (Nasdaq: REYN) (the “Company”), a leading provider of household products, today announced an amendment to its credit agreement that provides a new revolving credit facility through a syndicate of banks led by Wells Fargo.
  • Culain Capital Funding, LLC Completes Capital Raise to Accelerate Growth and Fund New Clients
    October 21, 2024
    Culain Capital Funding, LLC, a leading factor and asset-based lender, is pleased to announce the closing of a new $30 million senior lending facility with Texas Capital. This strategic partnership will provide Culain Capital with enhanced capabilities to expand its working capital solutions, allowing the firm to support a broader range of businesses in need of flexible financing options.
  • Greenbelt Environmental Services Secures Credit Facility to Support Growth and Innovation
    October 17, 2024
    Greenbelt Environmental Services ("GES"), a leading provider of comprehensive waste and recycling solutions, is pleased to announce the successful closing of a new credit facility (the "Financing"). The Financing will enable GES to execute its strategic growth initiatives, including investments in capacity expansion and technological solutions to enhance the customer experience.
  • Mitsubishi HC Capital America Strengthens Channel Finance Capabilities with Hiring of Paul Slocum ​
    October 17, 2024
    Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is pleased to announce that Paul Slocum has joined the company as Vice President of Sales for the technology finance team.
  • Bank Economists: Credit Conditions Expected to Improve for Both Consumers and Small Businesses for First Time Since 2022
    October 17, 2024
    For the first time in nearly three years, lending conditions are expected to strengthen over the next six months for both consumers and businesses, according to the American Bankers Association’s latest Credit Conditions Index released today.
  • Jon Fox Joins MidOcean Partners as Global Head of Capital Formation
    October 17, 2024
    MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager specializing in middle-market private equity, structured capital and alternative credit investments, announced today that Jon Fox, former President of the alternative investment firm Värde, has joined the firm as Global Head of Capital Formation.
  • Assembled Brands Capital Extends Multiple Credit Facility Increases In Q3 2024
    October 17, 2024
    Assembled Brands Capital is pleased to announce multiple credit facility extensions for a range of high-growth consumer product companies within its portfolio. This initiative reinforces the asset-based lender’s commitment to empowering fast-growing businesses in the consumer products ecosystem, enabling them to capitalize on new growth opportunities and drive innovation.
  • Monroe Capital Supports the Growth of Izzio Artisan Bakery
    October 17, 2024
    Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth of Izzio Artisan Bakery.
  • MONTICELLOAM, LLC Closes $32 Million in Bridge Financing for Multifamily Property in Heber City, Utah ​
    October 17, 2024
    MONTICELLOAM, LLC (“MonticelloAM”) announced today the closing of a $32,000,000 floating-rate senior bridge loan for a multifamily community in Heber City, Utah, approximately 12 miles south of Park City.
  • Jeffrey Tyo Joins Gordon Brothers as Managing Director, Commercial & Industrial
    October 17, 2024
    Jeffrey Tyo has joined Gordon Brothers, the global asset experts, as Managing Director, Commercial & Industrial. In this role, Tyo will expand Gordon Brothers’ presence on the West Coast by developing and strengthening the firm’s relationships with corporate clients, lenders, private equity firms, investment bankers and restructuring advisors focused on the consumer packaged goods industry.
  • Wolters Kluwer Achieves Top Ten Ranking in Chartis RiskTech100® 2025
    October 16, 2024
    Wolters Kluwer, a global leader in professional information, software solutions, has achieved a global top ten ranking from Chartis Research in the prestigious Chartis RiskTech 100 2025 report. Ranked tenth overall, Wolters Kluwer also received Category Awards for Liquidity Risk and, for the third consecutive year, Regulatory Intelligence.
  • Cambridge Savings Bank Extends New Credit Facility to Accelerate Growth for Fabrizia Spirits
    October 16, 2024
    Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $7 billion in assets, today announced that its Asset-Based Lending (ABL) team has provided a new credit facility to Fabrizia Spirits, a leading citrus spirits manufacturer in the United States.
  • Altriarch Closes $40 Million Senior Debt Facility for LeasePoint Funding Group, LLC
    October 16, 2024
    Altriarch Asset Management (“Altriarch”) today announced that it has provided a $40 million senior secured revolving line of credit to LeasePoint Funding Group, LLC (“LeasePoint” or the “Company”). The Company, based in Austin, Texas, is a rapidly growing equipment financing company that provides working capital to medical practices.
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