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Home > Chapters > Canada > News Detail
  • Alvarez & Marsal’s Healthcare Industry Group Expands Expertise Appointing Mallory Van Horn as Managing Director
    April 4, 2024
    Leading global professional services firm Alvarez & Marsal (A&M) announced the appointment of Mallory Van Horn as a Managing Director within the firm’s Healthcare Industry Group’s Health Plans and Managed Care practice. Ms. Van Horn’s hire represents the next phase of the group’s growth strategy, following on the recent appointment of Managing Director and Health Plans and Managed Care Practice Leader, Craig Savage.
  • TAB Bank Provides Packaging Company in Georgia with a $5 Million Credit Facility
    April 4, 2024
    TAB Bank is pleased to announce it has provided a Georgia-based packaging company with a $5 million credit facility that spans multiple years. The facility will provide for the company’s ongoing working capital needs as well as fund growth opportunities.
  • BC Partners Credit and Riddell Team-up on Strategic Investment to Fuel Future Growth
    April 4, 2024
    BC Partners Credit, the credit arm of BC Partners, a leading alternative asset management firm, and Riddell, Inc., the industry leader in football helmet technology and sports protection innovation, today announced a strategic partnership that will further advance Riddell's central role in the game of football into the future.
  • CIBC Innovation Banking Provides Growth Capital Financing to CertifID
    April 4, 2024
    CIBC Innovation Banking announced today that it has provided growth financing for wire fraud protection company CertifID, which will use the financing to further expand its portfolio of wire fraud prevention services.
  • Kinetik Executes New Accounts Receivable Securitization Facility
    April 4, 2024
    Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today announced that one of its subsidiaries has entered into an agreement with PNC Bank, National Association for a $150 million accounts receivable securitization facility (“A/R Facility”) which matures April 2025 with an ongoing renewal mechanism.
  • Finance Lawyer John Ryan Joins King & Spalding as Partner in New York
    April 4, 2024
    King & Spalding announced today that John Ryan has joined the firm as a partner in its Finance and Restructuring practice group. Ryan is based in the firm’s New York office.
  • Singing Machine Secures $2 Million Senior Credit Facility
    April 3, 2024
    The Singing Machine Company, Inc. (“Singing Machine”) (NASDAQ: MICS) – the worldwide leader in consumer karaoke products, today announced the closing of a $2 million senior credit facility with Oxford Commercial Finance, a subsidiary of Oxford Bank.
  • Salona Global Announces Expansion of Bank Line
    April 3, 2024
    Salona Global Medical Device Corporation (“Salona Global”, “SGMD” or the ‎‎“Company”) (TSXV:SGMD) today announced the expansion of its bank line. On September 12, 2023, an operating subsidiary of the Company, Biodex Medical Systems, Inc. (the “Borrower”), entered into a Master Credit and Security Agreement and related Schedule (the "Agreement") with Pathward, National Association (the “Lender”)
  • SLR Business Credit Closes $500,000 Credit Facility for BeYou Cosmetics
    April 3, 2024
    SLR Business Credit announces the funding of a $500,000 accounts receivable credit facility for BeYou Cosmetics, a manufacturer of natural skincare products.
  • Armory Securities, LLC Announces that Vivos Holdings, LLC Secured $325 Million of New Financing
    April 3, 2024
    Armory Securities, LLC is pleased to announce that Vivos Holdings, LLC, a subsidiary of Emprise Group, Inc. (formerly Vi-Jon Holding, Inc.), has secured $325 million of new financing, the proceeds of which were used to refinance existing indebtedness of Emprise Group.
  • Alvarez & Marsal’s Global Transaction Advisory Group Scales for Ongoing Growth With Executive Office Appointments
    April 3, 2024
    Leading global professional services firm Alvarez & Marsal’s Global Transaction Advisory Group (Global TAG) announces the establishment of an Executive Office, marking a significant period along its historically remarkable growth trajectory.
  • Flatbay Capital Lends $750,000 to Trucking Company
    April 3, 2024
    Flatbay Capital lends $750,000 to a Houston-based trucking company, secured by 10 acres of commercial land to be used as their future headquarters.
  • Cambridge Savings Bank Supports the Expansion of Fair Haven Community Health Care with Loans Totaling Over $26 Million
    April 3, 2024
    Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that its Corporate Banking team has provided Fair Haven Community Health Care (Fair Haven CHC) with a combined $26.1 million in loans to support its expansion.
  • Tiger Finance Posts Strong Lending-Platform Growth in Q1 2024
    April 3, 2024
    Tiger Finance's lending platform continued to grow in the first quarter ended March 31, providing $102 million in financing to retail and other borrowers across North America.
  • Brightwood Capital Advisors Closed Second Largest Middle Market CLO of 2024 at $707 Million
    April 3, 2024
    Brightwood Capital Advisors, LLC, a private credit firm, announced that it has closed Brightwood Capital MM CLO 2024-2 Ltd., a $707 million collateralized loan obligation (“CLO”). This CLO represents the second largest new issue middle-market CLO this year, bringing the firm’s year-to-date issuance to $862 million and positioning Brightwood as one of the top three largest middle-market issuers year-to-date, representing over 10% of total middle-market issuance.
  • Business Leaders Are Embracing Private Equity Partners, Citizens Survey Finds
    April 3, 2024
    Private equity entered 2024 ready to shop, and a study released today by Citizens reveals many business leaders may be open to making a deal.
  • HawkEye 360 Secures $40 Million Debt Commitment
    April 3, 2024
    HawkEye 360, a leading provider of space-based RF data and analytics, announced it had secured $40 million in debt financing from Silicon Valley Bank (SVB), a division of First Citizens Bank, to further its mission of delivering advanced geospatial capabilities.
  • Bankruptcy Filings Increase Across All Chapters in First Quarter 2024
    April 3, 2024
    New bankruptcy filings during the first calendar quarter of 2024 (Jan. 1 through March 31) registered year-over-year increases across all U.S. major filing categories, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data.
  • U.S. Bank, Levantor Capital Team up to Expand Working Capital Financing Options
    April 3, 2024
    U.S. Bank offers a wide range of risk management and financing solutions to help firms improve their working capital along supply chains. In recent years, firms’ working capital needs have expanded in order to manage growing supplier networks across multiple jurisdictions, improve supplier resiliency and sales efficiencies. To continue to add to its working capital toolkit for businesses, U.S. Bank will now provide its clients Levantor’s sales finance solutions.
  • Valley Bank’s New York City Commercial Banking Team Closes $150 Million Syndicated Credit Facility to a Premier New York-Based Finance Company
    April 3, 2024
    Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp (NASDAQ:VLY), announced today that their New York City Commercial Banking Team closed a $150 million senior revolving credit facility for a premier New York -based finance company.
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  • Alvarez & Marsal’s Healthcare Industry Group Expands Expertise Appointing Mallory Van Horn as Managing Director
    April 4, 2024
    Leading global professional services firm Alvarez & Marsal (A&M) announced the appointment of Mallory Van Horn as a Managing Director within the firm’s Healthcare Industry Group’s Health Plans and Managed Care practice. Ms. Van Horn’s hire represents the next phase of the group’s growth strategy, following on the recent appointment of Managing Director and Health Plans and Managed Care Practice Leader, Craig Savage.
  • TAB Bank Provides Packaging Company in Georgia with a $5 Million Credit Facility
    April 4, 2024
    TAB Bank is pleased to announce it has provided a Georgia-based packaging company with a $5 million credit facility that spans multiple years. The facility will provide for the company’s ongoing working capital needs as well as fund growth opportunities.
  • BC Partners Credit and Riddell Team-up on Strategic Investment to Fuel Future Growth
    April 4, 2024
    BC Partners Credit, the credit arm of BC Partners, a leading alternative asset management firm, and Riddell, Inc., the industry leader in football helmet technology and sports protection innovation, today announced a strategic partnership that will further advance Riddell's central role in the game of football into the future.
  • CIBC Innovation Banking Provides Growth Capital Financing to CertifID
    April 4, 2024
    CIBC Innovation Banking announced today that it has provided growth financing for wire fraud protection company CertifID, which will use the financing to further expand its portfolio of wire fraud prevention services.
  • Kinetik Executes New Accounts Receivable Securitization Facility
    April 4, 2024
    Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today announced that one of its subsidiaries has entered into an agreement with PNC Bank, National Association for a $150 million accounts receivable securitization facility (“A/R Facility”) which matures April 2025 with an ongoing renewal mechanism.
  • Finance Lawyer John Ryan Joins King & Spalding as Partner in New York
    April 4, 2024
    King & Spalding announced today that John Ryan has joined the firm as a partner in its Finance and Restructuring practice group. Ryan is based in the firm’s New York office.
  • Singing Machine Secures $2 Million Senior Credit Facility
    April 3, 2024
    The Singing Machine Company, Inc. (“Singing Machine”) (NASDAQ: MICS) – the worldwide leader in consumer karaoke products, today announced the closing of a $2 million senior credit facility with Oxford Commercial Finance, a subsidiary of Oxford Bank.
  • Salona Global Announces Expansion of Bank Line
    April 3, 2024
    Salona Global Medical Device Corporation (“Salona Global”, “SGMD” or the ‎‎“Company”) (TSXV:SGMD) today announced the expansion of its bank line. On September 12, 2023, an operating subsidiary of the Company, Biodex Medical Systems, Inc. (the “Borrower”), entered into a Master Credit and Security Agreement and related Schedule (the "Agreement") with Pathward, National Association (the “Lender”)
  • SLR Business Credit Closes $500,000 Credit Facility for BeYou Cosmetics
    April 3, 2024
    SLR Business Credit announces the funding of a $500,000 accounts receivable credit facility for BeYou Cosmetics, a manufacturer of natural skincare products.
  • Armory Securities, LLC Announces that Vivos Holdings, LLC Secured $325 Million of New Financing
    April 3, 2024
    Armory Securities, LLC is pleased to announce that Vivos Holdings, LLC, a subsidiary of Emprise Group, Inc. (formerly Vi-Jon Holding, Inc.), has secured $325 million of new financing, the proceeds of which were used to refinance existing indebtedness of Emprise Group.
  • Alvarez & Marsal’s Global Transaction Advisory Group Scales for Ongoing Growth With Executive Office Appointments
    April 3, 2024
    Leading global professional services firm Alvarez & Marsal’s Global Transaction Advisory Group (Global TAG) announces the establishment of an Executive Office, marking a significant period along its historically remarkable growth trajectory.
  • Flatbay Capital Lends $750,000 to Trucking Company
    April 3, 2024
    Flatbay Capital lends $750,000 to a Houston-based trucking company, secured by 10 acres of commercial land to be used as their future headquarters.
  • Cambridge Savings Bank Supports the Expansion of Fair Haven Community Health Care with Loans Totaling Over $26 Million
    April 3, 2024
    Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that its Corporate Banking team has provided Fair Haven Community Health Care (Fair Haven CHC) with a combined $26.1 million in loans to support its expansion.
  • Tiger Finance Posts Strong Lending-Platform Growth in Q1 2024
    April 3, 2024
    Tiger Finance's lending platform continued to grow in the first quarter ended March 31, providing $102 million in financing to retail and other borrowers across North America.
  • Brightwood Capital Advisors Closed Second Largest Middle Market CLO of 2024 at $707 Million
    April 3, 2024
    Brightwood Capital Advisors, LLC, a private credit firm, announced that it has closed Brightwood Capital MM CLO 2024-2 Ltd., a $707 million collateralized loan obligation (“CLO”). This CLO represents the second largest new issue middle-market CLO this year, bringing the firm’s year-to-date issuance to $862 million and positioning Brightwood as one of the top three largest middle-market issuers year-to-date, representing over 10% of total middle-market issuance.
  • Business Leaders Are Embracing Private Equity Partners, Citizens Survey Finds
    April 3, 2024
    Private equity entered 2024 ready to shop, and a study released today by Citizens reveals many business leaders may be open to making a deal.
  • HawkEye 360 Secures $40 Million Debt Commitment
    April 3, 2024
    HawkEye 360, a leading provider of space-based RF data and analytics, announced it had secured $40 million in debt financing from Silicon Valley Bank (SVB), a division of First Citizens Bank, to further its mission of delivering advanced geospatial capabilities.
  • Bankruptcy Filings Increase Across All Chapters in First Quarter 2024
    April 3, 2024
    New bankruptcy filings during the first calendar quarter of 2024 (Jan. 1 through March 31) registered year-over-year increases across all U.S. major filing categories, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data.
  • U.S. Bank, Levantor Capital Team up to Expand Working Capital Financing Options
    April 3, 2024
    U.S. Bank offers a wide range of risk management and financing solutions to help firms improve their working capital along supply chains. In recent years, firms’ working capital needs have expanded in order to manage growing supplier networks across multiple jurisdictions, improve supplier resiliency and sales efficiencies. To continue to add to its working capital toolkit for businesses, U.S. Bank will now provide its clients Levantor’s sales finance solutions.
  • Valley Bank’s New York City Commercial Banking Team Closes $150 Million Syndicated Credit Facility to a Premier New York-Based Finance Company
    April 3, 2024
    Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp (NASDAQ:VLY), announced today that their New York City Commercial Banking Team closed a $150 million senior revolving credit facility for a premier New York -based finance company.
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