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Home > Chapters > Canada > News Detail
  • Durkin Group, a Gordon Brothers Company, Expands Field Exam Services with GB4 Group
    April 2, 2024
    The professional services firm Durkin Group, a Gordon Brothers company, has expanded its field examination services with GB4 Group to serve a broader range of clients.
  • CapitalPlus Financial Services Facilitates a $1.25M Funding for a Reno-based Finishing Contractor
    April 2, 2024
    CapitalPlus Financial Services, a leading provider of receivables financing for the construction industry, is pleased to announce the successful funding of a $1.25 million working capital facility for a finishing contractor based in Reno Nevada.
  • SLR Healthcare ABL Provides Financing to a Medical Device Company
    April 2, 2024
    SLR Healthcare ABL has provided financing for a $15MM asset-based revolving credit facility for a commercial stage medical device company in the pain management space (“Company”).
  • Flatbay Capital 5 Year Anniversary Proudest Moments
    April 2, 2024
    ​Flatbay Capital was founded in 2019 with the goal of supporting business owners with their commercial real estate financing needs. Based in Houston, Texas, they are a nationwide non-bank lender focusing on owner-occupied commercial real estate loans. Flatbay Capital believes it’s important to understand where clients have been, where they are now, and where they are headed.
  • Acorda Therapeutics and Merz Announce Signing of “Stalking Horse” Asset Purchase Agreement
    April 2, 2024
    Acorda Therapeutics, Inc. (Nasdaq: ACOR) (“Acorda” or “the Company”) today announced that it has entered into an asset purchase agreement with Merz Therapeutics to purchase substantially all of the assets of Acorda, including the rights to INBRIJA, AMPYRA, and FAMPYRA for $185 million. Merz Therapeutics, a leader in the field of neurotoxins, is a business of the global family-owned company Merz, headquartered in Frankfurt am Main, Germany.
  • PREIT Completes Financial Restructuring and Implements Changes to Management and Board
    April 2, 2024
    PREIT Realty, LLC ("PREIT"), a leading owner and operator of retail real estate located in the eastern half of the United States, announced today that it has successfully concluded its financial and corporate restructuring and emerged from bankruptcy through an expedited process. The reorganization sets up PREIT with a stronger and leaner balance sheet.
  • Old National Announces Completion of Merger with CapStar
    April 2, 2024
    Old National Bancorp (“Old National”) today announced the closing of its previously-announced merger with Nashville-based CapStar Financial Holdings, Inc. (“CapStar”), the holding company for CapStar Bank, as of April 1.
  • CPS Announces Renewal of $200 Million Credit Facility
    April 2, 2024
    Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that on March 29, 2024, it renewed its two-year revolving credit agreement with Ares Agent Services, L.P.
  • Abacus Finance Provides Senior Debt Financing to Support the Acquisition of Kingston Brass by LongueVue Capital ​
    April 2, 2024
    Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of lower middle-market companies – today announced that it served as Administrative Agent and Sole Lender for senior secured credit facilities to support the acquisition of Kingston Brass by LongueVue Capital.
  • Wintrust Receivables Finance Announces $4.75M Line of Credit for Pet Food and Products Manufacturer and Distributor
    April 2, 2024
    Wintrust Receivables Finance is pleased to announce the closing of a $4,750,000 line of credit to a Southeast-based manufacturer and distributor of natural pet food. In addition to pet food, the company also has a broad portfolio of pet and wellness products for dogs and cats including treats, dental chews, and supplements.
  • Boardwalktech Secures $4.0 Million Line of Credit Facility
    April 1, 2024
    Boardwalktech Software Corp ("Boardwalktech" or the "Company"), a leading digital ledger platform and enterprise software solutions company, is pleased to announce that as of March 28, 2024, the Company has secured a three-year $US4.0 million Line-of-Credit ("LOC") facility with Celtic Bank, for growth needs including expansion of its recurring revenue.
  • 36th Street Closes $30 Million Funding for Personal Care Products Manufacturer
    April 1, 2024
    36th Street Capital announced it recently served as lessor of record and servicer for a $30 million equipment financing of manufacturing equipment dedicated to the manufacturing and production of personal care, first aid, and household products. 36th Street funded $10 million for its own account, with other financial institutions rounding out the transaction.
  • CSG Law Welcomes Sol W. Bernstein to the Corporate & Securities Group
    April 1, 2024
    Chiesa Shahinian & Giantomasi PC (CSG Law) is pleased to announce that Sol W. Bernstein has joined the firm as Of Counsel with the Corporate & Securities Group and the Banking & Finance Team.
  • Encina Private Credit Expands Business Development Team with the Hiring of Industry Veterans, Mark Patchell and Brian Tammaro
    April 1, 2024
    Encina Private Credit (“EPC”) is pleased to announce two key new senior hires to the originations team to expand the platform’s business development efforts. Mark Patchell joined EPC as Senior Managing Director, and Brian Tammaro was added as Managing Director.
  • Alpine Ridge Funding Provides $2.5 Million Factoring Facility for Healthcare Service Provider
    April 1, 2024
    Alpine Ridge Funding is pleased to announce a $2.5 million factoring facility for a healthcare service provider based in Georgia. The company was seeking a new lender to support their ongoing working capital needs
  • U.S. Department of the Treasury Releases Report on Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Sector
    April 1, 2024
    Today, the U.S. Department of the Treasury released a report on Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Services Sector. The report was written at the direction of Presidential Executive Order 14110 on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence.
  • Golub Capital APAC Expansion Continues into Japan
    April 1, 2024
    Golub Capital today announced that Shuji Hatsukaiwa has joined as Managing Director, Japan and will be based in the Firm’s newly-opened Tokyo office. In his new role, he will be focused on deepening relationships with investors across Japan.
  • Quest Resource Holding Corporation Extends Debt Maturities Enhancing Financial Flexibility
    April 1, 2024
    Quest Resource Holding Corporation (NASDAQ: QRHC) (“Quest” or the “Company”), a national leader in environmental waste and recycling services, today announced that it has extended the maturity dates for its existing credit facilities held by Monroe Capital Management Advisors, LLC and PNC Bank, NA.
  • Houlihan Lokey Continues to Strengthen Transaction Advisory Services With Seasoned Hire
    April 1, 2024
    Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Abhishek Jain has joined its Transaction Advisory Services (TAS) practice as a Managing Director. Mr. Jain, based in Chicago, will further strengthen the firm’s financial due diligence capabilities, with a primary focus on the industrials sector.
  • Cadence Bank Announces Simplified Organizational Structure and Expanded Roles for Key Executives
    April 1, 2024
    Cadence Bank (NYSE: CADE) today announced changes to its organizational structure, as well as new and increased responsibilities for several key executives, that will build on the company's success, create efficiencies and position it for future growth.
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  • Durkin Group, a Gordon Brothers Company, Expands Field Exam Services with GB4 Group
    April 2, 2024
    The professional services firm Durkin Group, a Gordon Brothers company, has expanded its field examination services with GB4 Group to serve a broader range of clients.
  • CapitalPlus Financial Services Facilitates a $1.25M Funding for a Reno-based Finishing Contractor
    April 2, 2024
    CapitalPlus Financial Services, a leading provider of receivables financing for the construction industry, is pleased to announce the successful funding of a $1.25 million working capital facility for a finishing contractor based in Reno Nevada.
  • SLR Healthcare ABL Provides Financing to a Medical Device Company
    April 2, 2024
    SLR Healthcare ABL has provided financing for a $15MM asset-based revolving credit facility for a commercial stage medical device company in the pain management space (“Company”).
  • Flatbay Capital 5 Year Anniversary Proudest Moments
    April 2, 2024
    ​Flatbay Capital was founded in 2019 with the goal of supporting business owners with their commercial real estate financing needs. Based in Houston, Texas, they are a nationwide non-bank lender focusing on owner-occupied commercial real estate loans. Flatbay Capital believes it’s important to understand where clients have been, where they are now, and where they are headed.
  • Acorda Therapeutics and Merz Announce Signing of “Stalking Horse” Asset Purchase Agreement
    April 2, 2024
    Acorda Therapeutics, Inc. (Nasdaq: ACOR) (“Acorda” or “the Company”) today announced that it has entered into an asset purchase agreement with Merz Therapeutics to purchase substantially all of the assets of Acorda, including the rights to INBRIJA, AMPYRA, and FAMPYRA for $185 million. Merz Therapeutics, a leader in the field of neurotoxins, is a business of the global family-owned company Merz, headquartered in Frankfurt am Main, Germany.
  • PREIT Completes Financial Restructuring and Implements Changes to Management and Board
    April 2, 2024
    PREIT Realty, LLC ("PREIT"), a leading owner and operator of retail real estate located in the eastern half of the United States, announced today that it has successfully concluded its financial and corporate restructuring and emerged from bankruptcy through an expedited process. The reorganization sets up PREIT with a stronger and leaner balance sheet.
  • Old National Announces Completion of Merger with CapStar
    April 2, 2024
    Old National Bancorp (“Old National”) today announced the closing of its previously-announced merger with Nashville-based CapStar Financial Holdings, Inc. (“CapStar”), the holding company for CapStar Bank, as of April 1.
  • CPS Announces Renewal of $200 Million Credit Facility
    April 2, 2024
    Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that on March 29, 2024, it renewed its two-year revolving credit agreement with Ares Agent Services, L.P.
  • Abacus Finance Provides Senior Debt Financing to Support the Acquisition of Kingston Brass by LongueVue Capital ​
    April 2, 2024
    Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of lower middle-market companies – today announced that it served as Administrative Agent and Sole Lender for senior secured credit facilities to support the acquisition of Kingston Brass by LongueVue Capital.
  • Wintrust Receivables Finance Announces $4.75M Line of Credit for Pet Food and Products Manufacturer and Distributor
    April 2, 2024
    Wintrust Receivables Finance is pleased to announce the closing of a $4,750,000 line of credit to a Southeast-based manufacturer and distributor of natural pet food. In addition to pet food, the company also has a broad portfolio of pet and wellness products for dogs and cats including treats, dental chews, and supplements.
  • Boardwalktech Secures $4.0 Million Line of Credit Facility
    April 1, 2024
    Boardwalktech Software Corp ("Boardwalktech" or the "Company"), a leading digital ledger platform and enterprise software solutions company, is pleased to announce that as of March 28, 2024, the Company has secured a three-year $US4.0 million Line-of-Credit ("LOC") facility with Celtic Bank, for growth needs including expansion of its recurring revenue.
  • 36th Street Closes $30 Million Funding for Personal Care Products Manufacturer
    April 1, 2024
    36th Street Capital announced it recently served as lessor of record and servicer for a $30 million equipment financing of manufacturing equipment dedicated to the manufacturing and production of personal care, first aid, and household products. 36th Street funded $10 million for its own account, with other financial institutions rounding out the transaction.
  • CSG Law Welcomes Sol W. Bernstein to the Corporate & Securities Group
    April 1, 2024
    Chiesa Shahinian & Giantomasi PC (CSG Law) is pleased to announce that Sol W. Bernstein has joined the firm as Of Counsel with the Corporate & Securities Group and the Banking & Finance Team.
  • Encina Private Credit Expands Business Development Team with the Hiring of Industry Veterans, Mark Patchell and Brian Tammaro
    April 1, 2024
    Encina Private Credit (“EPC”) is pleased to announce two key new senior hires to the originations team to expand the platform’s business development efforts. Mark Patchell joined EPC as Senior Managing Director, and Brian Tammaro was added as Managing Director.
  • Alpine Ridge Funding Provides $2.5 Million Factoring Facility for Healthcare Service Provider
    April 1, 2024
    Alpine Ridge Funding is pleased to announce a $2.5 million factoring facility for a healthcare service provider based in Georgia. The company was seeking a new lender to support their ongoing working capital needs
  • U.S. Department of the Treasury Releases Report on Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Sector
    April 1, 2024
    Today, the U.S. Department of the Treasury released a report on Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Services Sector. The report was written at the direction of Presidential Executive Order 14110 on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence.
  • Golub Capital APAC Expansion Continues into Japan
    April 1, 2024
    Golub Capital today announced that Shuji Hatsukaiwa has joined as Managing Director, Japan and will be based in the Firm’s newly-opened Tokyo office. In his new role, he will be focused on deepening relationships with investors across Japan.
  • Quest Resource Holding Corporation Extends Debt Maturities Enhancing Financial Flexibility
    April 1, 2024
    Quest Resource Holding Corporation (NASDAQ: QRHC) (“Quest” or the “Company”), a national leader in environmental waste and recycling services, today announced that it has extended the maturity dates for its existing credit facilities held by Monroe Capital Management Advisors, LLC and PNC Bank, NA.
  • Houlihan Lokey Continues to Strengthen Transaction Advisory Services With Seasoned Hire
    April 1, 2024
    Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Abhishek Jain has joined its Transaction Advisory Services (TAS) practice as a Managing Director. Mr. Jain, based in Chicago, will further strengthen the firm’s financial due diligence capabilities, with a primary focus on the industrials sector.
  • Cadence Bank Announces Simplified Organizational Structure and Expanded Roles for Key Executives
    April 1, 2024
    Cadence Bank (NYSE: CADE) today announced changes to its organizational structure, as well as new and increased responsibilities for several key executives, that will build on the company's success, create efficiencies and position it for future growth.
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