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.

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the hire of Jamie Tranfalia as Senior Vice President and Senior Middle Market Team Leader, reporting to Jim Gise, Senior Vice President, Middle Market, Syndications and Capital Markets.

Cambridge Wilkinson ("CW" www.cambridgewilkinson.com) is pleased to announce the spin out and full support of an affiliate, BCB Equity Partners ("BCB" www.bcbequitypartners.com), an independent private equity firm which will pursue control and buyout transactions in the lower middle market. The geographic focus of BCB will be North America initially.

BoxPower, a leading provider of microgrids, is pleased to announce the successful closing of a credit facility in collaboration with VerisFi Capital and ECP ForeStar, the sustainable lending platform of Energy Capital Partners (ECP). This strategic financial arrangement will empower BoxPower to accelerate the expansion of its remote microgrid portfolio, furthering the company’s commitment to providing safe, reliable, and affordable clean energy solutions.

PNC Bank today announced that Michael Thomas has been named head of Corporate & Institutional Banking (C&IB), effective immediately. Based in Pittsburgh, Thomas will report to Michael P. Lyons, president. Thomas succeeds Lyons in the role, after Lyons was appointed president Feb. 20, 2024.

SLR Business Credit is pleased to announce the funding of a $20,000,000 ABL RLOC for an eighty-eight-year-old electronics products manufacturer. The funds were used to provide additional working capital for growth.

HSBC announced today the appointment of Andrew Fullam as Chief Financial Officer (CFO) for the US and Americas. In this role, he will be responsible for the region’s financial operations, including accounting, regulatory reporting, stress testing and capital management.

Hilco Global, a global leader renowned for maximizing the value of business assets, announces a strategic expansion in its service offerings with the introduction of Hilco Pension Advisory (HPA). This pivotal development, which will expand the range of the service offerings already provided by the experts at Hilco Global Advisors, is driven by the strategic recruitment of industry veteran John Spencer, whose expertise has paved the way for the establishment of HPA within the Hilco Global Advisors family.

TAB Bank is pleased to announce it has provided a California-based logistics company with a $1.5 million credit facility that spans multiple years. The company will rely heavily on the facility to fund growth and significantly expand its sales and contract pipeline, which is projected to expand significantly in the coming months and years.

Gordon Brothers, the global asset experts, is offering for sale by private treaty SmileDirectClub’s former assets and inventory on behalf of the debtor-in-possession lender.

Match Factors, a leading provider of transportation factoring has once again been named a Best Freight Factoring Company of 2024 by The FactoringClub. The award highlights the kind of excellence synonymous with Match Factors’ tried and true practice of building and cultivating trust-based relationships with clients.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that its outreach and educational programs for college students have earned the firm Handshake’s Early Talent Award for the third time.

nFusion Capital announced that Greg Dyson has joined their team as Senior Vice President. Greg is responsible for accounts receivable financing, asset-based lending and loan originations and developing client and referral relationships across the United States. He is based in nFusion Capital’s Houston, Texas office.

Buyout firm H.I.G. Capital is seeking $655 million of debt financing to help fund its potential purchase of mechanical and industrial cleaning company USA DeBusk, according to people with knowledge of the matter.

HarbourView Equity Partners (HarbourView), an industry-leading alternative asset management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties. Insurance vehicles and accounts managed by KKR, a leading global investment firm, led the financing and investment accounts advised by Kuvare Asset Management also participated in the transaction.

EdgeCore Digital Infrastructure, a wholesale data center developer, owner and operator, today announced the completion of a $440 million debt financing transaction to fund continued development of its Silicon Valley campus. This transaction follows the $1.9B debt financing announced by EdgeCore in January 2024, both of which were conducted in conjunction with its owner, Partners Group, a leading global private market firm acting on behalf of its clients.

Huntington Business Credit announced it closed a $10,000,000 new credit facility with Capital Wholesale Drug Company on January 26, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.

QuickFi® today announced that it has been selected as “Best Overall LendTech Company” in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.