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MidCap Business Credit Close on a $16 Million Asset-based Credit Facility to E.R. Wagner Manufacturing Company
August 23, 2023MidCap Business Credit announced today they have closed on a $16,000,000 asset-based credit facility to E.R. Wagner Manufacturing Company, with locations in Menomonee Falls, WI., and Chicago, IL. E.R Wagner is a 120+ year old family held business which manufactures metal hinges and stampings, tubular components, casters, and wheels, that are sold primarily into the industrial and automotive industries.
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US Capital Global Provides Multi-Million-Dollar Sell-Side M&A Advisory to Socal Safe Company
August 23, 2023US Capital Global Securities LLC, an SEC-registered, FINRA-member broker-dealer affiliate of global private financial group US Capital Global, has provided multi-million-dollar sell-side M&A representation to Socal Safe Company (“Socal Safe”), a California-based industry leader in safes and security solutions.
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Partner David Stringer Joins Clifford Chance in the Firm’s New Houston Office
August 23, 2023Clifford Chance announces today that partner David Stringer has joined its new office in Houston. He joins Jonathan Bobinger, Jonathan Castelan, Trevor Lavelle, David H. Sweeney, Enoch Varner and Alexandra L. Wilde as the final of the batch of seven new partners in Houston.
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Stellus Capital Management, LLC Provides Senior Debt Financing in Support of Gallant Capital Partners’ Investments in DynTek and rSolutions
August 23, 2023Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing to support Gallant Capital Partners’ (“Gallant”) investments in DynTek, Inc. (“DynTek”), a US-based professional IT services, cybersecurity, and risk management organization, and rSolutions Corporation (“rSolutions”), a Canadian-based cybersecurity firm.
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Trinity Capital Inc. Provides $12 Million Growth Capital to Delphinus Medical Technologies, Inc.
August 23, 2023Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $12 million in growth capital to Delphinus Medical Technologies, Inc. ("Delphinus"), a medical imaging company that has developed SoftVue™, a dense breast screening innovation that increases cancer detection and decreases unnecessary call backs, while delivering a comfortable patient experience.
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Silicon Valley Bank Appoints Head of Global Payments and Head of Global Digital Solutions
August 23, 2023Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced Martin Murrell has been named Head of Global Payments and Milton Santiago was named Head of Global Digital Solutions. The new leaders will further SVB's commitment to innovative products, client solutions and exceptional client experience.
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Republic Business Credit Provides $2.5 Million Credit Facility to Texas-Based Beverage Company
August 23, 2023When a Texas-based beverage company was searching for capital to expand its operations, the company selected Republic Business Credit as its partner. Republic provided a credit facility, totaling $2.5 million, which will supply the energy drink brand with the resources for future growth.
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Wingspire Capital Provides Credit Facility to Versar for the Acquisition of the Operations & Maintenance Division of Louis Berger Services
August 23, 2023Wingspire Capital co-agented a senior secured financing for Versar, Inc. to refinance a previous credit facility and to provide capital for its acquisition of the Operations & Maintenance division of Louis Berger Services (“LBS”).
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RelPro Achieves Inc. 5000 Ranking for Third Straight Year
August 23, 2023RelPro has once again been recognized as one of the fastest-growing private companies in the United States by Inc. Magazine, ranking #2452 on the Inc. 5000 list.
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Meitheal Announces Closing of Senior Secured Credit Facility Agreement for Up to $80 Million with J.P. Morgan
August 22, 2023Meitheal Pharmaceuticals, Inc. (“Meitheal”), a fully integrated generic injectables company based in Chicago, today announced it has entered into a $35 million senior secured revolving credit agreement with J.P. Morgan. Subject to customary conditions, Meitheal may, at its option, request an increase in the credit facility for a total amount of up to $80 million.
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Comvest Credit Partners Upsizes its Investment in Beyond Finance to Support Growth; Senior Credit Facility Now $635 Million
August 22, 2023Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent on an upsized $635 million senior credit facility (the “Financing”) for Beyond Finance (the “Company”), a U.S.-based provider of success fee-based debt resolution services.
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Golub Capital Increases Risk Strategies Unitranche to $4.45 Billion
August 22, 2023Golub Capital acted as Administrative Agent, Lead Arranger and Joint Bookrunner on a $700 million delayed draw term loan for Risk Strategies, increasing the company's unitranche facility to $4.45 billion. Risk Strategies, a leading U.S. insurance broker, is a portfolio company of North American-focused middle market private equity firm, Kelso & Company.
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Zions Bancorporation Completes Asset-Based Lending Deal With Forging Distributor
August 22, 2023Zions Bancorporation, N.A., through its Texas division, Amegy Bank closed and funded an $8,000,000 credit facility for the distribution arm of a multi-national manufacturer of steel forgings. The Company provides critical OEM parts for equipment manufacturers serving a wide range of industries. The credit facility consisted of a multi-year revolving line of credit.
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Second Avenue Capital Partners Arranges Credit Facilities for True Religion
August 22, 2023Second Avenue Capital Partners (“SACP”), a Schottenstein affiliate, along with TCW Private Credit and Sagard Credit, announced the closing of a new term loan and revolving credit facility for True Religion Apparel, Inc. (“True Religion” or the “Company”). SACP served in various roles for the transaction including Sole Arranger, Revolver Agent, Sole Revolver Lender and Term Loan Lender.
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Monroe Capital Supports Lindsay Goldberg’s Acquisition of Lightwave Dental
August 22, 2023Monroe Capital LLC announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisition of Lightwave Dental (“Lightwave”) by Lindsay Goldberg, a NY based leading private investment firm.
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RelPro Adds Wealth Insights on Business Executives; Announces Windfall as Latest Partner
August 22, 2023RelPro integrates another new dataset into its platform, delivering net worth and wealth insights on business executives. The data comes from Windfall, RelPro’s latest data partner.
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Hudson Technologies Announces Full Repayment of Outstanding Term Debt
August 22, 2023Hudson Technologies, Inc. (NASDAQ: HDSN) a leading provider of innovative and sustainable refrigerant products and services to the Heating, Ventilation, Air Conditioning, and Refrigeration industry–and one of the nation’s largest refrigerant reclaimers–today announced that the Company has repaid in full the remaining principal balance outstanding under its Credit Agreement with TCW Asset Management Company, LLC (“TCW”).
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Legacy Corporate Lending Adds Terrance McKinney as Executive Vice President of Portfolio Management
August 22, 2023Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced that Terrance McKinney has joined the firm as Executive Vice President of Portfolio Management.
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CapitalPlus Facilitates $5 Million Funding for Prominent West Coast Mechanical Contractor
August 22, 2023CapitalPlus Financial Services, a distinguished provider of working capital solutions, proudly announces the successful facilitation of $5 million in funding for a leading mechanical contractor based on the West Coast.
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FirstBank Announces New Chief Credit Officer
August 22, 2023FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” recently announced several leadership changes. The new appointments result from FirstBank executives either retiring or being elevated to C-level positions.
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MidCap Business Credit Close on a $16 Million Asset-based Credit Facility to E.R. Wagner Manufacturing Company
August 23, 2023MidCap Business Credit announced today they have closed on a $16,000,000 asset-based credit facility to E.R. Wagner Manufacturing Company, with locations in Menomonee Falls, WI., and Chicago, IL. E.R Wagner is a 120+ year old family held business which manufactures metal hinges and stampings, tubular components, casters, and wheels, that are sold primarily into the industrial and automotive industries.
-
US Capital Global Provides Multi-Million-Dollar Sell-Side M&A Advisory to Socal Safe Company
August 23, 2023US Capital Global Securities LLC, an SEC-registered, FINRA-member broker-dealer affiliate of global private financial group US Capital Global, has provided multi-million-dollar sell-side M&A representation to Socal Safe Company (“Socal Safe”), a California-based industry leader in safes and security solutions.
-
Partner David Stringer Joins Clifford Chance in the Firm’s New Houston Office
August 23, 2023Clifford Chance announces today that partner David Stringer has joined its new office in Houston. He joins Jonathan Bobinger, Jonathan Castelan, Trevor Lavelle, David H. Sweeney, Enoch Varner and Alexandra L. Wilde as the final of the batch of seven new partners in Houston.
-
Stellus Capital Management, LLC Provides Senior Debt Financing in Support of Gallant Capital Partners’ Investments in DynTek and rSolutions
August 23, 2023Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing to support Gallant Capital Partners’ (“Gallant”) investments in DynTek, Inc. (“DynTek”), a US-based professional IT services, cybersecurity, and risk management organization, and rSolutions Corporation (“rSolutions”), a Canadian-based cybersecurity firm.
-
Trinity Capital Inc. Provides $12 Million Growth Capital to Delphinus Medical Technologies, Inc.
August 23, 2023Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $12 million in growth capital to Delphinus Medical Technologies, Inc. ("Delphinus"), a medical imaging company that has developed SoftVue™, a dense breast screening innovation that increases cancer detection and decreases unnecessary call backs, while delivering a comfortable patient experience.
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Silicon Valley Bank Appoints Head of Global Payments and Head of Global Digital Solutions
August 23, 2023Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced Martin Murrell has been named Head of Global Payments and Milton Santiago was named Head of Global Digital Solutions. The new leaders will further SVB's commitment to innovative products, client solutions and exceptional client experience.
-
Republic Business Credit Provides $2.5 Million Credit Facility to Texas-Based Beverage Company
August 23, 2023When a Texas-based beverage company was searching for capital to expand its operations, the company selected Republic Business Credit as its partner. Republic provided a credit facility, totaling $2.5 million, which will supply the energy drink brand with the resources for future growth.
-
Wingspire Capital Provides Credit Facility to Versar for the Acquisition of the Operations & Maintenance Division of Louis Berger Services
August 23, 2023Wingspire Capital co-agented a senior secured financing for Versar, Inc. to refinance a previous credit facility and to provide capital for its acquisition of the Operations & Maintenance division of Louis Berger Services (“LBS”).
-
RelPro Achieves Inc. 5000 Ranking for Third Straight Year
August 23, 2023RelPro has once again been recognized as one of the fastest-growing private companies in the United States by Inc. Magazine, ranking #2452 on the Inc. 5000 list.
-
Meitheal Announces Closing of Senior Secured Credit Facility Agreement for Up to $80 Million with J.P. Morgan
August 22, 2023Meitheal Pharmaceuticals, Inc. (“Meitheal”), a fully integrated generic injectables company based in Chicago, today announced it has entered into a $35 million senior secured revolving credit agreement with J.P. Morgan. Subject to customary conditions, Meitheal may, at its option, request an increase in the credit facility for a total amount of up to $80 million.
-
Comvest Credit Partners Upsizes its Investment in Beyond Finance to Support Growth; Senior Credit Facility Now $635 Million
August 22, 2023Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent on an upsized $635 million senior credit facility (the “Financing”) for Beyond Finance (the “Company”), a U.S.-based provider of success fee-based debt resolution services.
-
Golub Capital Increases Risk Strategies Unitranche to $4.45 Billion
August 22, 2023Golub Capital acted as Administrative Agent, Lead Arranger and Joint Bookrunner on a $700 million delayed draw term loan for Risk Strategies, increasing the company's unitranche facility to $4.45 billion. Risk Strategies, a leading U.S. insurance broker, is a portfolio company of North American-focused middle market private equity firm, Kelso & Company.
-
Zions Bancorporation Completes Asset-Based Lending Deal With Forging Distributor
August 22, 2023Zions Bancorporation, N.A., through its Texas division, Amegy Bank closed and funded an $8,000,000 credit facility for the distribution arm of a multi-national manufacturer of steel forgings. The Company provides critical OEM parts for equipment manufacturers serving a wide range of industries. The credit facility consisted of a multi-year revolving line of credit.
-
Second Avenue Capital Partners Arranges Credit Facilities for True Religion
August 22, 2023Second Avenue Capital Partners (“SACP”), a Schottenstein affiliate, along with TCW Private Credit and Sagard Credit, announced the closing of a new term loan and revolving credit facility for True Religion Apparel, Inc. (“True Religion” or the “Company”). SACP served in various roles for the transaction including Sole Arranger, Revolver Agent, Sole Revolver Lender and Term Loan Lender.
-
Monroe Capital Supports Lindsay Goldberg’s Acquisition of Lightwave Dental
August 22, 2023Monroe Capital LLC announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisition of Lightwave Dental (“Lightwave”) by Lindsay Goldberg, a NY based leading private investment firm.
-
RelPro Adds Wealth Insights on Business Executives; Announces Windfall as Latest Partner
August 22, 2023RelPro integrates another new dataset into its platform, delivering net worth and wealth insights on business executives. The data comes from Windfall, RelPro’s latest data partner.
-
Hudson Technologies Announces Full Repayment of Outstanding Term Debt
August 22, 2023Hudson Technologies, Inc. (NASDAQ: HDSN) a leading provider of innovative and sustainable refrigerant products and services to the Heating, Ventilation, Air Conditioning, and Refrigeration industry–and one of the nation’s largest refrigerant reclaimers–today announced that the Company has repaid in full the remaining principal balance outstanding under its Credit Agreement with TCW Asset Management Company, LLC (“TCW”).
-
Legacy Corporate Lending Adds Terrance McKinney as Executive Vice President of Portfolio Management
August 22, 2023Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced that Terrance McKinney has joined the firm as Executive Vice President of Portfolio Management.
-
CapitalPlus Facilitates $5 Million Funding for Prominent West Coast Mechanical Contractor
August 22, 2023CapitalPlus Financial Services, a distinguished provider of working capital solutions, proudly announces the successful facilitation of $5 million in funding for a leading mechanical contractor based on the West Coast.
-
FirstBank Announces New Chief Credit Officer
August 22, 2023FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” recently announced several leadership changes. The new appointments result from FirstBank executives either retiring or being elevated to C-level positions.
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