Franklin Capital, an independent A/R and PO finance company, proudly announces the appointment of Bob Corley as Credit Analyst. He brings an extensive background in financial analysis and a stellar track record.

Garrington Capital (garringtoncapital.com), a leading provider of capital solutions to middle- market companies in the United States and Canada, is pleased to announce the closing of a $1.2mm Senior Secured Term Loan (the “Loan”) to the US subsidiary of a multi-national manufacturer of spare parts for heavy-duty commercial vehicles.

Daniel O’Brien has joined Getzler Henrich & Associates, (getzlerhenrich.com) one of the nation’s oldest and most respected middle-market corporate restructuring and operations improvement firms, as a Managing Director in the firm’s New York Office.

Gridiron Capital, LLC (“Gridiron Capital” or “Gridiron”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce that Andrew Kahn and Nick Weido have been promoted to Principal.

LBC Credit Partners (“LBC”), one of the leading providers of financing solutions to middle market companies, provided a senior secured credit facility to Ambient Enterprises LLC (“Ambient”), a portfolio company of Intermediate Capital Group (“ICG”). The financing helped support Ambient’s refinancing of its existing debt facility, the recent partnership with Johnson Barrow & DMG HVAC, and ongoing organic and inorganic growth initiatives.

Quasar Capital Partners, a diversified asset-based lender and factor based in Austin, TX, announced it has closed a new senior $30 million lending facility and an accordion feature to $ 40 million with Texas Capital to further expand its funding capabilities.

Keepit has today announced HSBC Innovation Banking, the global, specialised banking partner for businesses in cutting-edge sectors, has provided a $40 million refinancing package in partnership with The Export and Investment Fund of Denmark (EIFO).

Morrison Foerster, a leading global law firm, is pleased to announce the arrival of Tammy C. Davies as a partner in the firm's Finance Group, based in the New York office. Davies brings to the firm deep experience representing alternative lenders and investors in complex credit arrangements.

KeyCorp (NYSE:KEY) has announced the appointment of Darrin Benhart as the new Chief Risk Officer (CRO), effective as of January 1, 2024. Benhart, who previously served as the Deputy Chief Risk Officer, succeeds Mark Midkiff following his retirement, which was part of a planned succession announced in November

Middle market private companies in the Golub Capital Altman Index grew earnings by 16% during the first two months of the fourth quarter of 2023, the highest year-over-year earnings growth since Q2 of 2021. Revenue grew 7% during the same period.

Jeffrey B. Dunlop and Maria T. McGuire have been named Co-Chairs of Goldberg Kohn's Commercial Finance Practice Group. They succeed Michael Hainen, who completed his highly successful nine-year term as the practice group leader at the end of 2023.

As noted late last year, SFNet’s Advocacy Committee assembled a task force including member banking institutions, legal resources and strategic advisors to address proposed new regulations incorporating Basel III risk weighted capital standards. SFNet has submitted its comment letter. Special thanks to Laura Jakubowski and Richard Kohn from Goldberg Kohn and Bill Mayer from Tiger Group for their leadership on this pivotal matter.

SLR Credit Solutions (“SLR CS”) announced the closing of a senior credit facility comprised of a revolver and term loan for Ansira Partners, LLC (“Ansira” or the “Company”), an independent global marketing services and solutions company with proprietary channel, website, and advertising technology platforms. The Company provides solutions for Channel Partner Marketing, Local Websites & Marketing, Media & Ad Technology, and CRM & Loyalty.

Lighthouse Financial Corp. is pleased to announce the addition of Dylan Zimmerman to the team as Vice President, Business Development covering the Southeast region including South Carolina, Georgia, Alabama and Florida. Mr. Zimmerman's primary responsibilities will include the marketing of Lighthouse's product offerings and origination of new asset-based loan opportunities.

Abeona Therapeutics Inc. (Nasdaq: ABEO) today announced that it has entered into a $50 million credit facility with the Avenue Venture Opportunities Fund, L.P.

A Jan. 18 online auction by Tiger Liquidity Services Energy Partners (TLSEP), a strategic alliance between Tiger Group and Liquidity Services, brings to market assets from AquaHydrex’s 32,000-square-foot, green hydrogen prototype and R&D facility near Denver.

Encina Private Credit, LLC (“EPC”) is pleased to announce that it has served as Administrative Agent and Collateral Agent for a Senior Secured Credit Facility supporting H.I.G. Capital’s acquisition of Penhall Company (“Penhall” or the “Company”), North America’s largest provider of specialty concrete services. Marathon Asset Management led the facility.

Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth and add-on acquisitions of Bridgeport and Newman Whitney (“Newman”) by InCompass™, an existing portfolio company of independent sponsor TJM Capital Partners.

B. Riley Securities, Inc. ("B. Riley"), a leading middle market investment bank and subsidiary of B. Riley Financial, Inc. (Nasdaq: RILY), is pleased to have served as lead left bookrunner to Diversified Healthcare Trust (Nasdaq: DHC) in its $941 million zero coupon senior secured notes offering.

Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing and an equity co-investment in support of Summit Park’s acquisition of Michelli Weighing & Measurement (“Michelli” or the “Company”), a leading provider of test and measurement services and equipment.