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Home > Chapters > Canada > News Detail
  • Wiggin and Dana Opens Boston Office, Adds Private Equity Partner Daniela Badiola Spanos
    May 29, 2024
    Wiggin and Dana LLP announced today that it will open an office in Boston in June, formalizing its long-time presence in a key market for clients in industries including life sciences, technology, healthcare, financial services, and aerospace and defense. The office will be anchored by Corporate Partner Daniela Badiola Spanos, who joins the firm from Choate Hall & Stewart, as well as Wiggin and Dana Life Sciences Chair Patti Kavee Melick and Emerging Companies and Venture Capital Partner Paul Hughes, who previously served as the firm’s Managing Partner.
  • Timed Online Auction on June 11 Features Assets from Medrobotics’ 40,000-Square-Foot Massachusetts Plant
    May 29, 2024
    A June 11 online auction by Tiger Group and Liquidity Services features intellectual property and $12 million in medical equipment and inventory from Medrobotics—including 23 of the company’s groundbreaking Flex and next-gen Flex360 surgical robotics systems.
  • A&G Plans to Offer 27 Sam Ash Store Leases in 12 States Pending Bankruptcy Court Approval
    May 29, 2024
    A&G Real Estate Partners today announced plans to market 27 store leases in 12 states on behalf of Sam Ash Music Corp., the century-old American music retailer, pending court approval.
  • Wyndham Hotels & Resorts Completes Successful Debt Repricing and Upsizing
    May 29, 2024
    Wyndham Hotels & Resorts, Inc. today announced that it successfully completed the repricing of its existing $1.1 billion Senior Secured Term Loan B Facility due May 2030. Wells Fargo Securities, LLC acted as lead arranger. Deutsche Bank Securities Inc., JPMorgan Chase Bank, N.A., BofA Securities, Inc., Barclays Bank PLC, U.S. Bank National Association, The Bank of Nova Scotia and Truist Securities, Inc. acted as joint bookrunners.
  • Ocorian Appoints Chief Financial Officer
    May 29, 2024
    Ocorian, specialist global provider of fund administration, capital markets, corporate, trust and regulatory & compliance services, has recruited Craig Buick as Chief Financial Officer as it continues to strengthen its leadership team for growth.
  • SLR Equipment Finance Expands its Business Development Capabilities and Announces That Drew Pennline has Joined
    May 29, 2024
    SLR Equipment Finance is pleased to announce Drew Pennline has joined the company as senior vice president, direct sales. In his role, Drew will help grow SLR Equipment Finance’s leasing and lending activities in Maine, New Hampshire, Massachusetts, Rhode Island, Connecticut, New York, New Jersey, Pennsylvania, Ohio, Delaware, Mayland, Virgina, West Virgina, & Kentucky.
  • First Citizens Bank Provides $31.5 Million to Fashion Retailer for Purchase of Warehouse and Distribution Center
    May 29, 2024
    First Citizens Bank today announced that its Middle Market Banking business provided $31.5 million in financing to national fashion retailer Jaclyn LLC for the purchase of a newly constructed industrial warehouse and distribution center in Southern California.
  • Siena Lending Group Closes New $20 Million Credit Facility for Goli Nutrition Inc.
    May 28, 2024
    Siena Lending Group LLC ("Siena") is pleased to announce the closing of a $20 million USD credit facility to support the share purchase of Goli Nutrition Inc. (“Goli”) by a consortium consisting of Group KPS, Bastion Capital and one of the company’s original founders.
  • Flatbay Capital Closes $5.5MM Cash-out Refinance for Well Known Houston Furniture Retailer
    May 28, 2024
    Flatbay Capital was able to put together a new, three-year interest-only deal that unlocked equity, eased reporting requirements, and reduced fees for this great client. The excess cash was used to support the expansion of the company’s business and the reduction in required reporting freed up time to focus on their core business.
  • Wintrust Receivables Finance Announces Closing of New $3.5M Line of Credit for Early Stage, Fast Growing, Third-Party Logistics Company
    May 28, 2024
    Wintrust Receivables Finance (WRF) is happy to announce the closing of a new $3,500,000 account receivable line of credit for a Midwest-based third-party logistics company.
  • First Horizon Bank Recognized as One of Forbes America's Best Employers for New Grads 2024
    May 28, 2024
    First Horizon Corporation (NYSE: FHN or "First Horizon") has been recognized as one of America's Best Employers for New Grads 2024! This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on May 21, 2024, and can be viewed on Forbes.com.
  • CFG Merchant Solutions Closes Credit Facility of up to $145 Million to Support Small Business Growth ​
    May 28, 2024
    CFG Merchant Solutions, LLC (“CFGMS” or the “Company”), a technology-enabled specialty finance and alternative funding provider, announced the successful completion of a $100.0 million senior credit facility. The credit facility is expandable up to an additional $45.0 million, representing a total capital raise of up to $145.0 million.
  • GOL Announces Next Important Milestone in Financial Restructuring
    May 28, 2024
    GOL Linhas Aéreas Inteligentes S.A. (B3: GOLL4), a leading domestic airline in Brazil, today announced the next important milestone in its financial restructuring process initiated in the United States Bankruptcy Court, disclosing its new 5-Year Financial Plan (the "GOL 5-Year Plan" or the "5-Year Plan") that is expected to serve as the foundation for the Company's standalone legal plan of reorganization under Chapter 11 (the "Plan of Reorganization").
  • Creative Realities Closes on New Revolving Credit Facility
    May 28, 2024
    Creative Realities, Inc., a leading provider of digital signage and media solutions, today announced that it and First Merchants Bank (“FMB”) executed a credit agreement implementing the previously-announced $22.1 million senior secured revolving credit facility (the “Revolver”) with a $5 million accordion feature.
  • First Citizens Bank Provides $74 Million for Multifamily Building in Downtown Brooklyn
    May 28, 2024
    First Citizens Bank today announced that its Commercial Real Estate business served as sole lender on a $74 million senior secured loan to Lonicera Partners on a 23-story, class A multifamily building in Downtown Brooklyn, New York.
  • Comvest Partners Announces Investment In Senior Helpers
    May 28, 2024
    Comvest Partners, a leading middle-market private equity and credit investment firm, is pleased to announce that its direct lending platform, Comvest Credit Partners, is acting as Administrative Agent on a senior secured credit facility (the “Financing”) for Senior Support Holdings (Franchise) Acquisition, Inc. (“Senior Helpers”), a Towson, Md.-based national leader in home care and wellness offerings for seniors.
  • Axiom Bank Announces Factoring Facility for Transportation and Logistics Company
    May 28, 2024
    Axiom Bank announced it provided a $4,625,000 transportation factoring facility for a multi-state transportation and logistics company.
  • First Citizens Middle Market Banking Names Erik Langeland Relationship Manager and Market Leader for Northern California
    May 28, 2024
    First Citizens Bank today announced that its Middle Market Banking group has named Erik Langeland as a relationship manager and market leader focused on building new business in Northern California. Langeland will be responsible for developing and maintaining a portfolio of middle market banking relationships, as well as delivering a full suite of commercial banking products and services.
  • Eclipse Business Capital Closes $170MM ABL Credit Facility To A Specialty Retailer
    May 28, 2024
    Eclipse Business Capital LLC (“EBC”) announced that it has provided a $170 million senior secured ABL credit facility to a specialty retailer. The credit facility is secured by accounts receivable and inventory. The transaction will refinance the Company’s existing credit facilities and provide additional liquidity for working capital purposes.
  • AFC Gamma Provides Senior Secured Credit Facility to Women-Owned Grön Edibles
    May 28, 2024
    AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) today announced that it has provided a senior secured credit facility to Grön Holdings Inc. (“Grön” or “Grön Edibles”), one of North America’s largest producers of adult-use cannabis-infused edibles. Grön intends to use the proceeds from the new credit facility to expand its business into new states.
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  • Wiggin and Dana Opens Boston Office, Adds Private Equity Partner Daniela Badiola Spanos
    May 29, 2024
    Wiggin and Dana LLP announced today that it will open an office in Boston in June, formalizing its long-time presence in a key market for clients in industries including life sciences, technology, healthcare, financial services, and aerospace and defense. The office will be anchored by Corporate Partner Daniela Badiola Spanos, who joins the firm from Choate Hall & Stewart, as well as Wiggin and Dana Life Sciences Chair Patti Kavee Melick and Emerging Companies and Venture Capital Partner Paul Hughes, who previously served as the firm’s Managing Partner.
  • Timed Online Auction on June 11 Features Assets from Medrobotics’ 40,000-Square-Foot Massachusetts Plant
    May 29, 2024
    A June 11 online auction by Tiger Group and Liquidity Services features intellectual property and $12 million in medical equipment and inventory from Medrobotics—including 23 of the company’s groundbreaking Flex and next-gen Flex360 surgical robotics systems.
  • A&G Plans to Offer 27 Sam Ash Store Leases in 12 States Pending Bankruptcy Court Approval
    May 29, 2024
    A&G Real Estate Partners today announced plans to market 27 store leases in 12 states on behalf of Sam Ash Music Corp., the century-old American music retailer, pending court approval.
  • Wyndham Hotels & Resorts Completes Successful Debt Repricing and Upsizing
    May 29, 2024
    Wyndham Hotels & Resorts, Inc. today announced that it successfully completed the repricing of its existing $1.1 billion Senior Secured Term Loan B Facility due May 2030. Wells Fargo Securities, LLC acted as lead arranger. Deutsche Bank Securities Inc., JPMorgan Chase Bank, N.A., BofA Securities, Inc., Barclays Bank PLC, U.S. Bank National Association, The Bank of Nova Scotia and Truist Securities, Inc. acted as joint bookrunners.
  • Ocorian Appoints Chief Financial Officer
    May 29, 2024
    Ocorian, specialist global provider of fund administration, capital markets, corporate, trust and regulatory & compliance services, has recruited Craig Buick as Chief Financial Officer as it continues to strengthen its leadership team for growth.
  • SLR Equipment Finance Expands its Business Development Capabilities and Announces That Drew Pennline has Joined
    May 29, 2024
    SLR Equipment Finance is pleased to announce Drew Pennline has joined the company as senior vice president, direct sales. In his role, Drew will help grow SLR Equipment Finance’s leasing and lending activities in Maine, New Hampshire, Massachusetts, Rhode Island, Connecticut, New York, New Jersey, Pennsylvania, Ohio, Delaware, Mayland, Virgina, West Virgina, & Kentucky.
  • First Citizens Bank Provides $31.5 Million to Fashion Retailer for Purchase of Warehouse and Distribution Center
    May 29, 2024
    First Citizens Bank today announced that its Middle Market Banking business provided $31.5 million in financing to national fashion retailer Jaclyn LLC for the purchase of a newly constructed industrial warehouse and distribution center in Southern California.
  • Siena Lending Group Closes New $20 Million Credit Facility for Goli Nutrition Inc.
    May 28, 2024
    Siena Lending Group LLC ("Siena") is pleased to announce the closing of a $20 million USD credit facility to support the share purchase of Goli Nutrition Inc. (“Goli”) by a consortium consisting of Group KPS, Bastion Capital and one of the company’s original founders.
  • Flatbay Capital Closes $5.5MM Cash-out Refinance for Well Known Houston Furniture Retailer
    May 28, 2024
    Flatbay Capital was able to put together a new, three-year interest-only deal that unlocked equity, eased reporting requirements, and reduced fees for this great client. The excess cash was used to support the expansion of the company’s business and the reduction in required reporting freed up time to focus on their core business.
  • Wintrust Receivables Finance Announces Closing of New $3.5M Line of Credit for Early Stage, Fast Growing, Third-Party Logistics Company
    May 28, 2024
    Wintrust Receivables Finance (WRF) is happy to announce the closing of a new $3,500,000 account receivable line of credit for a Midwest-based third-party logistics company.
  • First Horizon Bank Recognized as One of Forbes America's Best Employers for New Grads 2024
    May 28, 2024
    First Horizon Corporation (NYSE: FHN or "First Horizon") has been recognized as one of America's Best Employers for New Grads 2024! This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on May 21, 2024, and can be viewed on Forbes.com.
  • CFG Merchant Solutions Closes Credit Facility of up to $145 Million to Support Small Business Growth ​
    May 28, 2024
    CFG Merchant Solutions, LLC (“CFGMS” or the “Company”), a technology-enabled specialty finance and alternative funding provider, announced the successful completion of a $100.0 million senior credit facility. The credit facility is expandable up to an additional $45.0 million, representing a total capital raise of up to $145.0 million.
  • GOL Announces Next Important Milestone in Financial Restructuring
    May 28, 2024
    GOL Linhas Aéreas Inteligentes S.A. (B3: GOLL4), a leading domestic airline in Brazil, today announced the next important milestone in its financial restructuring process initiated in the United States Bankruptcy Court, disclosing its new 5-Year Financial Plan (the "GOL 5-Year Plan" or the "5-Year Plan") that is expected to serve as the foundation for the Company's standalone legal plan of reorganization under Chapter 11 (the "Plan of Reorganization").
  • Creative Realities Closes on New Revolving Credit Facility
    May 28, 2024
    Creative Realities, Inc., a leading provider of digital signage and media solutions, today announced that it and First Merchants Bank (“FMB”) executed a credit agreement implementing the previously-announced $22.1 million senior secured revolving credit facility (the “Revolver”) with a $5 million accordion feature.
  • First Citizens Bank Provides $74 Million for Multifamily Building in Downtown Brooklyn
    May 28, 2024
    First Citizens Bank today announced that its Commercial Real Estate business served as sole lender on a $74 million senior secured loan to Lonicera Partners on a 23-story, class A multifamily building in Downtown Brooklyn, New York.
  • Comvest Partners Announces Investment In Senior Helpers
    May 28, 2024
    Comvest Partners, a leading middle-market private equity and credit investment firm, is pleased to announce that its direct lending platform, Comvest Credit Partners, is acting as Administrative Agent on a senior secured credit facility (the “Financing”) for Senior Support Holdings (Franchise) Acquisition, Inc. (“Senior Helpers”), a Towson, Md.-based national leader in home care and wellness offerings for seniors.
  • Axiom Bank Announces Factoring Facility for Transportation and Logistics Company
    May 28, 2024
    Axiom Bank announced it provided a $4,625,000 transportation factoring facility for a multi-state transportation and logistics company.
  • First Citizens Middle Market Banking Names Erik Langeland Relationship Manager and Market Leader for Northern California
    May 28, 2024
    First Citizens Bank today announced that its Middle Market Banking group has named Erik Langeland as a relationship manager and market leader focused on building new business in Northern California. Langeland will be responsible for developing and maintaining a portfolio of middle market banking relationships, as well as delivering a full suite of commercial banking products and services.
  • Eclipse Business Capital Closes $170MM ABL Credit Facility To A Specialty Retailer
    May 28, 2024
    Eclipse Business Capital LLC (“EBC”) announced that it has provided a $170 million senior secured ABL credit facility to a specialty retailer. The credit facility is secured by accounts receivable and inventory. The transaction will refinance the Company’s existing credit facilities and provide additional liquidity for working capital purposes.
  • AFC Gamma Provides Senior Secured Credit Facility to Women-Owned Grön Edibles
    May 28, 2024
    AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) today announced that it has provided a senior secured credit facility to Grön Holdings Inc. (“Grön” or “Grön Edibles”), one of North America’s largest producers of adult-use cannabis-infused edibles. Grön intends to use the proceeds from the new credit facility to expand its business into new states.
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