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Home > Chapters > Canada > News Detail
  • SLR Digital Finance Provides a $4 Million Line of Credit to a 2023 Inc. 5000 B2B Digital Marketing Company
    May 1, 2024
    SLR Digital Finance LLC (“SLR Digital Finance”) is pleased to announce the funding of a $4,000,000 credit facility for a New York based lead generation and digital marketing specialist, recognized as one of the fastest-growing private companies in America.
  • Blank Rome Launches in Boston with Prominent 25-Attorney Corporate and Finance Team
    May 1, 2024
    Blank Rome is pleased to announce that the firm has expanded its national platform with the opening of a new office in Boston, anchored by 13 partners with leading corporate, finance, mergers and acquisitions (“M&A”), tax, litigation, and cannabis practices. Joining the partners are 12 associates and several business professionals. The premier team of nationally recognized attorneys, led by partners Frank A. Segall and Josef B. Volman.
  • CohnReznick and Prevedere Forge Strategic Alliance ​
    May 1, 2024
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, and Prevedere, a provider of external planning analytics software, today announced a strategic alliance designed to help organizations drive growth through comparative analytic insights and guidance.
  • Aequum Capital Provides $8.5MM Refinance and Acquisition Growth Facilities for BrightWorks IT, a Sponsored Platform Managed Services Provider (MSP)
    May 1, 2024
    Aequum Capital recently completed a two-stage senior Term Loan facility to refinance venture debt of $6MM including exit fees plus additional debt capital for acquisitions of up to $2.5MM for BrightWorks IT, a portfolio company of Cloud Equity Group.
  • TBK Bank Appoints Jamie Paterson as EVP, Chief Operating Officer - Banking Operations
    May 1, 2024
    Triumph Financial, Inc. (Nasdaq: TFIN) announced today the appointment of Jamie Paterson as the executive vice president, chief operating officer – banking operations of its TBK Bank, SSB subsidiary. In his role, Paterson will be responsible for overseeing operational excellence for the bank.
  • Citizens Business Conditions Index™ Drops in Q1
    May 1, 2024
    The national Citizens Business Conditions Index™ (CBCI) fell to 48.2 to start the year as business activity normalized from elevated levels in recent quarters. The reading below 50 indicates that economic momentum slowed during the first quarter against a backdrop of moderately restrictive monetary policy.
  • Group 1 Automotive Upsizes Revolving Credit Facility to $2.5 Billion
    May 1, 2024
    Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 300 automotive retailer with 203 dealerships located in the U.S. and U.K., today announced that it has completed a $500 million upsize in its revolving syndicated credit facility to $2.5 billion with 20 financial institutions, which will expire in March 2027 and can be expanded to $3.0 billion total availability.
  • Golub Capital Announces $2 Billion Final Close for its Sixth Credit Opportunities Fund
    May 1, 2024
    Golub Capital today announced the final close of its sixth credit opportunities fund, GEMS Fund 6, L.P. (“the Fund” or “Fund 6”), with $2 billion of investable capital.
  • Emergent BioSolutions Announces Amendment to its Existing Credit Facility
    May 1, 2024
    Emergent BioSolutions Inc. (NYSE: EBS) announced that it has entered into a “Consent, Waiver and Seventh Amendment” to its existing credit facility.
  • Solifi’s Kasey Hobson Wins SFNet 40 Under 40 Award
    May 1, 2024
    Solifi, a global fintech software partner for secured finance, announced that Kasey Hobson has been recognized for her achievements in the secured finance industry in the SFNet 40 Under 40 Awards.
  • NanoXplore Announces Closing of $60M New Credit Facility and Provides Update on The Financing of Its 5-year Strategic Plan
    April 30, 2024
    NanoXplore Inc. ("NanoXplore" or the "Corporation") (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company, announces the closing of a new credit facility with the Royal Bank of Canada (“RBC”). Under the agreement, RBC will provide NanoXplore’s subsidiaries with up to $60M CAD.
  • Stapleton Group Opens Austin, Texas Office, Promotes Betsy Landoll
    April 30, 2024
    Stapleton Group is pleased to announce the opening of its eighth office, in Austin, TX, and that Betsy Landoll has been promoted to Director.
  • Kristen Palmer Joins First Business Bank As Vice President - Accounts Receivable Financing
    April 30, 2024
    First Business Bank welcomes Kristen Palmer to its subsidiary, First Business Specialty Finance, LLC, as Vice President and a Business Development Officer in its Accounts Receivable Financing group.
  • BHI Appoints Nisan Blum as Chief Risk and Compliance Officer ​
    April 30, 2024
    BHI, the U.S division of Bank Hapoalim and a full-service commercial bank, has appointed Nisan Blum as Chief Risk and Compliance Officer. Blum will report directly to CEO, Gil Karni, and join the Senior Management Team.
  • King Trade Capital Provides a $3 Million Purchase Order Finance Facility for AZ Home Décor Company
    April 30, 2024
    King Trade Capital is pleased to announce the completion of a $3 million purchase order finance facility for a growing home décor company in Arizona. The home décor company became familiar with King Trade Capital after being introduced by another King Trade Capital client.
  • SLR Equipment Finance Adds to its Risk Management Team with Kicklighter Hire
    April 30, 2024
    Jon Kicklighter joined SLR Equipment Finance as Senior Vice President of Risk – Vendor Focus. Kicklighter comes to SLR Equipment Finance with more than 15 years of experience in the banking/finance industry. In his new role, Jon will use his knowledge and experience to help grow SLR Equipment Finance’s evolving financial solutions platform.
  • Celtic Capital Corporation Provides $4.4 Million for Job Shop Manufacturer
    April 30, 2024
    Celtic Capital Corporation today announced its most recent new client relationship – a job shop manufacturer of large, high-quality metal gears used in various industries such as automotive and aerospace.
  • Monroe Capital Supports Wind Point Partners’ Acquisition of MOREgroup, Inc.
    April 30, 2024
    Monroe Capital LLC today announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of MOREgroup, Inc. (“MOREgroup”) by private equity sponsor Wind Point Partners.
  • Accord Financial Drives $25M Facility for Plastics Manufacturer
    April 30, 2024
    Accord Financial Corp., one of the U.S. and Canada’s leading independent finance companies ("Accord") (TSX: ACD), announces the closing of a $25 million credit facility to help a plastics manufacturer support new business contracts as well as complete a strategic business acquisition.
  • Golub Capital Launches Insurance Solutions Team
    April 30, 2024
    Golub Capital today announced the launch of its Insurance Solutions team, a group of dedicated insurance and asset management professionals who will expand the way the Firm works with insurance company partners. Jennifer Potenta has joined the Firm to lead this newly formed team as Managing Director, Head of Insurance Solutions.
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  • SLR Digital Finance Provides a $4 Million Line of Credit to a 2023 Inc. 5000 B2B Digital Marketing Company
    May 1, 2024
    SLR Digital Finance LLC (“SLR Digital Finance”) is pleased to announce the funding of a $4,000,000 credit facility for a New York based lead generation and digital marketing specialist, recognized as one of the fastest-growing private companies in America.
  • Blank Rome Launches in Boston with Prominent 25-Attorney Corporate and Finance Team
    May 1, 2024
    Blank Rome is pleased to announce that the firm has expanded its national platform with the opening of a new office in Boston, anchored by 13 partners with leading corporate, finance, mergers and acquisitions (“M&A”), tax, litigation, and cannabis practices. Joining the partners are 12 associates and several business professionals. The premier team of nationally recognized attorneys, led by partners Frank A. Segall and Josef B. Volman.
  • CohnReznick and Prevedere Forge Strategic Alliance ​
    May 1, 2024
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, and Prevedere, a provider of external planning analytics software, today announced a strategic alliance designed to help organizations drive growth through comparative analytic insights and guidance.
  • Aequum Capital Provides $8.5MM Refinance and Acquisition Growth Facilities for BrightWorks IT, a Sponsored Platform Managed Services Provider (MSP)
    May 1, 2024
    Aequum Capital recently completed a two-stage senior Term Loan facility to refinance venture debt of $6MM including exit fees plus additional debt capital for acquisitions of up to $2.5MM for BrightWorks IT, a portfolio company of Cloud Equity Group.
  • TBK Bank Appoints Jamie Paterson as EVP, Chief Operating Officer - Banking Operations
    May 1, 2024
    Triumph Financial, Inc. (Nasdaq: TFIN) announced today the appointment of Jamie Paterson as the executive vice president, chief operating officer – banking operations of its TBK Bank, SSB subsidiary. In his role, Paterson will be responsible for overseeing operational excellence for the bank.
  • Citizens Business Conditions Index™ Drops in Q1
    May 1, 2024
    The national Citizens Business Conditions Index™ (CBCI) fell to 48.2 to start the year as business activity normalized from elevated levels in recent quarters. The reading below 50 indicates that economic momentum slowed during the first quarter against a backdrop of moderately restrictive monetary policy.
  • Group 1 Automotive Upsizes Revolving Credit Facility to $2.5 Billion
    May 1, 2024
    Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 300 automotive retailer with 203 dealerships located in the U.S. and U.K., today announced that it has completed a $500 million upsize in its revolving syndicated credit facility to $2.5 billion with 20 financial institutions, which will expire in March 2027 and can be expanded to $3.0 billion total availability.
  • Golub Capital Announces $2 Billion Final Close for its Sixth Credit Opportunities Fund
    May 1, 2024
    Golub Capital today announced the final close of its sixth credit opportunities fund, GEMS Fund 6, L.P. (“the Fund” or “Fund 6”), with $2 billion of investable capital.
  • Emergent BioSolutions Announces Amendment to its Existing Credit Facility
    May 1, 2024
    Emergent BioSolutions Inc. (NYSE: EBS) announced that it has entered into a “Consent, Waiver and Seventh Amendment” to its existing credit facility.
  • Solifi’s Kasey Hobson Wins SFNet 40 Under 40 Award
    May 1, 2024
    Solifi, a global fintech software partner for secured finance, announced that Kasey Hobson has been recognized for her achievements in the secured finance industry in the SFNet 40 Under 40 Awards.
  • NanoXplore Announces Closing of $60M New Credit Facility and Provides Update on The Financing of Its 5-year Strategic Plan
    April 30, 2024
    NanoXplore Inc. ("NanoXplore" or the "Corporation") (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company, announces the closing of a new credit facility with the Royal Bank of Canada (“RBC”). Under the agreement, RBC will provide NanoXplore’s subsidiaries with up to $60M CAD.
  • Stapleton Group Opens Austin, Texas Office, Promotes Betsy Landoll
    April 30, 2024
    Stapleton Group is pleased to announce the opening of its eighth office, in Austin, TX, and that Betsy Landoll has been promoted to Director.
  • Kristen Palmer Joins First Business Bank As Vice President - Accounts Receivable Financing
    April 30, 2024
    First Business Bank welcomes Kristen Palmer to its subsidiary, First Business Specialty Finance, LLC, as Vice President and a Business Development Officer in its Accounts Receivable Financing group.
  • BHI Appoints Nisan Blum as Chief Risk and Compliance Officer ​
    April 30, 2024
    BHI, the U.S division of Bank Hapoalim and a full-service commercial bank, has appointed Nisan Blum as Chief Risk and Compliance Officer. Blum will report directly to CEO, Gil Karni, and join the Senior Management Team.
  • King Trade Capital Provides a $3 Million Purchase Order Finance Facility for AZ Home Décor Company
    April 30, 2024
    King Trade Capital is pleased to announce the completion of a $3 million purchase order finance facility for a growing home décor company in Arizona. The home décor company became familiar with King Trade Capital after being introduced by another King Trade Capital client.
  • SLR Equipment Finance Adds to its Risk Management Team with Kicklighter Hire
    April 30, 2024
    Jon Kicklighter joined SLR Equipment Finance as Senior Vice President of Risk – Vendor Focus. Kicklighter comes to SLR Equipment Finance with more than 15 years of experience in the banking/finance industry. In his new role, Jon will use his knowledge and experience to help grow SLR Equipment Finance’s evolving financial solutions platform.
  • Celtic Capital Corporation Provides $4.4 Million for Job Shop Manufacturer
    April 30, 2024
    Celtic Capital Corporation today announced its most recent new client relationship – a job shop manufacturer of large, high-quality metal gears used in various industries such as automotive and aerospace.
  • Monroe Capital Supports Wind Point Partners’ Acquisition of MOREgroup, Inc.
    April 30, 2024
    Monroe Capital LLC today announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of MOREgroup, Inc. (“MOREgroup”) by private equity sponsor Wind Point Partners.
  • Accord Financial Drives $25M Facility for Plastics Manufacturer
    April 30, 2024
    Accord Financial Corp., one of the U.S. and Canada’s leading independent finance companies ("Accord") (TSX: ACD), announces the closing of a $25 million credit facility to help a plastics manufacturer support new business contracts as well as complete a strategic business acquisition.
  • Golub Capital Launches Insurance Solutions Team
    April 30, 2024
    Golub Capital today announced the launch of its Insurance Solutions team, a group of dedicated insurance and asset management professionals who will expand the way the Firm works with insurance company partners. Jennifer Potenta has joined the Firm to lead this newly formed team as Managing Director, Head of Insurance Solutions.
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