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Home > Chapters > Canada > News Detail
  • Armory Advises Equilibrium Capital in AppHarvest Bankruptcy
    October 12, 2023
    AppHarvest is a sustainable food company that developed and operated one of the world’s largest networks of high-tech indoor farms comprising 165 acres of glass greenhouse facilities on four farms in Kentucky producing tomatoes, salad greens, strawberries and cucumbers.
  • Online Auction Features More than 1,000 Lots of Pro-Grade Production Rental Gear from North American Leader PRG
    October 12, 2023
    In an October 24 online auction, Tiger Group once again is offering professional audio-visual gear from the existing inventories of production rental leader PRG.
  • SWK Holdings Corporation Increases Revolving Credit Facility to $60 Million
    October 11, 2023
    SWK Holdings Corporation (Nasdaq: SWKH) ("SWK" or the "Company"), a life-science-focused, specialty finance company catering to small- and mid-sized commercial-stage companies, today announced an amendment to its revolving credit facility. The amended credit facility provides total commitments of $60 million, including a new $15 million commitment from Woodforest National Bank ("Woodforest") and an existing $45 million commitment from First Horizon Bank.
  • Clifford Chance Hires Strategic Technology, Outsourcing and Commercial Transactions Counsel Kelley Bledsoe in Washington, DC
    October 11, 2023
    Washington, DC: Global law firm Clifford Chance announced today the hire of counsel Kelley Bledsoe in Washington, DC. Bledsoe's practice focuses on strategic technology, outsourcing and commercial transactions that facilitate successful, long-term business relationships and drive significant cost savings for clients.
  • Ares Management Corporation and Vinci Partners Announce Strategic Partnership and Investment
    October 11, 2023
    Ares Management Corporation (“Ares”) (NYSE: ARES) and Vinci Partners Investments Ltd. (“Vinci Partners” or “Vinci”) (NASDAQ: VINP) announced today that they have reached an agreement to form a strategic partnership to accelerate the growth of Vinci's platform in Latin America and to collaborate on distribution, product development and other business opportunities (the “Strategic Partnership”).
  • Horizon Technology Finance Fuels Mirantis with $35MM Venture Loan Facility
    October 11, 2023
    Horizon Technology Finance, an affiliate of Monroe Capital, recently announced that it has provided a $35 million venture loan facility to Mirantis, Inc. This loan facility will support Mirantis’ general growth and working capital needs.
  • BMO Announces Retirement of Dan Barclay, Names Alan Tannenbaum CEO, BMO Capital Markets
    October 11, 2023
    BMO Financial Group (TSX:BMO) (NYSE:BMO) today announced the upcoming retirement of its Chief Executive Officer & Group Head, Capital Markets, Dan Barclay, and the appointment of Alan Tannenbaum into the role. After a 32-year investment banking career, Mr. Barclay will transition to a role as Senior Advisor to the CEO. Mr. Tannenbaum will also join the bank's Executive Commi
  • Anne Mask Joins Oxford Commercial Finance (OCF) as VP, Business Development Officer
    October 11, 2023
    Anne Mask joins Oxford Commercial Finance (OCF) as Vice President, Business Development Officer. In this role she will oversee outbound sales, including helping entrepreneurs in alleviating cashflow challenges with financing facility to achieve short- and long-term goals. She will also assist in managing prospects from initial contact and need assessment through underwriting and sales completion.
  • Survey: Factoring Sector of Finance Industry Shows Resilience Despite Decreased Volume
    October 11, 2023
    The factoring sector began 2023 on a positive note and has continued to show resilience in an uncertain economy, according to the MidYear Factoring Industry Survey, released by the Secured Finance Network (SFNet). The survey included the Factoring Confidence Index, which found that despite a lingering threat of recession, member organizations are optimistic about the demand for new business and portfolio performance.
  • Hilco Redevelopment Partners Announces Advisory Board
    October 11, 2023
    Leading Transformational Redevelopment Company Names Former Penn President; Former U.S. Army Corps of Engineers Commanding General; National Energy Industry and Environmental Law Leaders to Corporate Advisory Board
  • Goldman Sachs Announces Sale of GreenSky to Sixth Street-Led Consortium
    October 11, 2023
    The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it has entered into an agreement to sell the GreenSky platform and associated loan assets to a consortium of institutional investors led by Sixth Street (the “Consortium”). The transaction is expected to close in the first quarter of 2024, subject to standard closing conditions.
  • CohnReznick Expands Government Advisory Capabilities with Exiger Public Sector Advisory Group Acquisition
    October 11, 2023
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that it has acquired the Public Sector Advisory Group from Exiger, a technology-focused risk and compliance services firm. The staff and contracts are being absorbed into CohnReznick’s rapidly expanding Government Advisory practice.
  • Garrington Capital Announces $21 Million Loan Facility to a Texas-based Industrial Contractor
    October 11, 2023
    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 $21 million senior credit facility to a best in class provider of integrated services and specialty fabrication solutions.
  • Coast to Coast Carports, a Thriving Arkansas Business, Embarks on a Growth Journey with USDA-Backed Loan Facilitated by North Avenue Capital
    October 11, 2023
    Nestled 92 miles northwest of Little Rock, Arkansas, in the charming town of Knoxville, Coast to Coast Carports stands as a testament to the spirit of rural entrepreneurship and growth. With its picturesque setting along the Arkansas River, surrounded by the majestic Ozark Mountains, Knoxville provides the ideal backdrop for this impressive operation.
  • Infor Nexus and LSQ Partner to Expand Supply Chain Finance Programs Across the Globe
    October 11, 2023
    LSQ, a leading provider of working capital finance and payments solutions, and Infor Nexus [infor.com]™, the leading global supply chain platform and a division of Infor®, the industry cloud company, today announced an agreement that provides their network of suppliers access early payments through an LSQ FastTrack® supply chain finance program.
  • Tecogen Announces Obtaining $1.5m Credit Facility
    October 10, 2023
    Tecogen Inc. (OTCQX: TGEN) a leading provider of clean energy products and services, is pleased to announce the signing of a $1.5 million Credit Agreement provided by our directors John Hatsopoulos and Earl Lewis. The line of credit has no fees or interest unless drawn upon and matures 12 months from date of agreement.
  • Tacora Resources Inc. Secures $75 Million of Debtor-In-Possession Financing and Files for Relief Under the CCAA to Complete Its Strategic Process
    October 10, 2023
    Tacora Resources Inc. has obtained an order from the Ontario Superior Court of Justice (Commercial List) commencing proceedings under the Companies' Creditors Arrangement Act. The Initial Order includes, among other things: (a) a stay of proceedings in favour of Tacora; (b) approval of the DIP Facility; and (c) appointment of FTI Consulting Canada Inc. as monitor of Tacora.
  • Showfields Files for Bankruptcy
    October 10, 2023
    The multi-brand specialty retailer on Friday filed for Chapter 11 bankruptcy, following a continued decline in sales post-pandemic that left it unable to pay back mounting debt.
  • Accord Financial Unleashes $40MM Financing to Growing Pet Supply Manufacturer
    October 10, 2023
    Accord Financial Corp., one of the U.S. and Canada’s leading independent commercial finance companies ("Accord") (TSX: ACD) announces the closing of a $40MM equipment lease line to a leading pet supply manufacturer and distributor.
  • Star Mountain Capital Adds Former Head of U.S. Advisor Solutions Group at Goldman Sachs, Stephen DeAngelis as Senior Advisor
    October 10, 2023
    Star Mountain Capital, LLC ("Star Mountain"), a specialized investment manager with approximately $3.5 billion in assets under management (committed capital including debt facilities as of 9/30/2023) focused on generating premium returns from the less efficient and labor-intensive market of U.S. private small and medium-sized businesses (the “lower middle-market”), is pleased to announce that Steve DeAngelis has joined as Senior Advisor.
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  • Armory Advises Equilibrium Capital in AppHarvest Bankruptcy
    October 12, 2023
    AppHarvest is a sustainable food company that developed and operated one of the world’s largest networks of high-tech indoor farms comprising 165 acres of glass greenhouse facilities on four farms in Kentucky producing tomatoes, salad greens, strawberries and cucumbers.
  • Online Auction Features More than 1,000 Lots of Pro-Grade Production Rental Gear from North American Leader PRG
    October 12, 2023
    In an October 24 online auction, Tiger Group once again is offering professional audio-visual gear from the existing inventories of production rental leader PRG.
  • SWK Holdings Corporation Increases Revolving Credit Facility to $60 Million
    October 11, 2023
    SWK Holdings Corporation (Nasdaq: SWKH) ("SWK" or the "Company"), a life-science-focused, specialty finance company catering to small- and mid-sized commercial-stage companies, today announced an amendment to its revolving credit facility. The amended credit facility provides total commitments of $60 million, including a new $15 million commitment from Woodforest National Bank ("Woodforest") and an existing $45 million commitment from First Horizon Bank.
  • Clifford Chance Hires Strategic Technology, Outsourcing and Commercial Transactions Counsel Kelley Bledsoe in Washington, DC
    October 11, 2023
    Washington, DC: Global law firm Clifford Chance announced today the hire of counsel Kelley Bledsoe in Washington, DC. Bledsoe's practice focuses on strategic technology, outsourcing and commercial transactions that facilitate successful, long-term business relationships and drive significant cost savings for clients.
  • Ares Management Corporation and Vinci Partners Announce Strategic Partnership and Investment
    October 11, 2023
    Ares Management Corporation (“Ares”) (NYSE: ARES) and Vinci Partners Investments Ltd. (“Vinci Partners” or “Vinci”) (NASDAQ: VINP) announced today that they have reached an agreement to form a strategic partnership to accelerate the growth of Vinci's platform in Latin America and to collaborate on distribution, product development and other business opportunities (the “Strategic Partnership”).
  • Horizon Technology Finance Fuels Mirantis with $35MM Venture Loan Facility
    October 11, 2023
    Horizon Technology Finance, an affiliate of Monroe Capital, recently announced that it has provided a $35 million venture loan facility to Mirantis, Inc. This loan facility will support Mirantis’ general growth and working capital needs.
  • BMO Announces Retirement of Dan Barclay, Names Alan Tannenbaum CEO, BMO Capital Markets
    October 11, 2023
    BMO Financial Group (TSX:BMO) (NYSE:BMO) today announced the upcoming retirement of its Chief Executive Officer & Group Head, Capital Markets, Dan Barclay, and the appointment of Alan Tannenbaum into the role. After a 32-year investment banking career, Mr. Barclay will transition to a role as Senior Advisor to the CEO. Mr. Tannenbaum will also join the bank's Executive Commi
  • Anne Mask Joins Oxford Commercial Finance (OCF) as VP, Business Development Officer
    October 11, 2023
    Anne Mask joins Oxford Commercial Finance (OCF) as Vice President, Business Development Officer. In this role she will oversee outbound sales, including helping entrepreneurs in alleviating cashflow challenges with financing facility to achieve short- and long-term goals. She will also assist in managing prospects from initial contact and need assessment through underwriting and sales completion.
  • Survey: Factoring Sector of Finance Industry Shows Resilience Despite Decreased Volume
    October 11, 2023
    The factoring sector began 2023 on a positive note and has continued to show resilience in an uncertain economy, according to the MidYear Factoring Industry Survey, released by the Secured Finance Network (SFNet). The survey included the Factoring Confidence Index, which found that despite a lingering threat of recession, member organizations are optimistic about the demand for new business and portfolio performance.
  • Hilco Redevelopment Partners Announces Advisory Board
    October 11, 2023
    Leading Transformational Redevelopment Company Names Former Penn President; Former U.S. Army Corps of Engineers Commanding General; National Energy Industry and Environmental Law Leaders to Corporate Advisory Board
  • Goldman Sachs Announces Sale of GreenSky to Sixth Street-Led Consortium
    October 11, 2023
    The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it has entered into an agreement to sell the GreenSky platform and associated loan assets to a consortium of institutional investors led by Sixth Street (the “Consortium”). The transaction is expected to close in the first quarter of 2024, subject to standard closing conditions.
  • CohnReznick Expands Government Advisory Capabilities with Exiger Public Sector Advisory Group Acquisition
    October 11, 2023
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that it has acquired the Public Sector Advisory Group from Exiger, a technology-focused risk and compliance services firm. The staff and contracts are being absorbed into CohnReznick’s rapidly expanding Government Advisory practice.
  • Garrington Capital Announces $21 Million Loan Facility to a Texas-based Industrial Contractor
    October 11, 2023
    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 $21 million senior credit facility to a best in class provider of integrated services and specialty fabrication solutions.
  • Coast to Coast Carports, a Thriving Arkansas Business, Embarks on a Growth Journey with USDA-Backed Loan Facilitated by North Avenue Capital
    October 11, 2023
    Nestled 92 miles northwest of Little Rock, Arkansas, in the charming town of Knoxville, Coast to Coast Carports stands as a testament to the spirit of rural entrepreneurship and growth. With its picturesque setting along the Arkansas River, surrounded by the majestic Ozark Mountains, Knoxville provides the ideal backdrop for this impressive operation.
  • Infor Nexus and LSQ Partner to Expand Supply Chain Finance Programs Across the Globe
    October 11, 2023
    LSQ, a leading provider of working capital finance and payments solutions, and Infor Nexus [infor.com]™, the leading global supply chain platform and a division of Infor®, the industry cloud company, today announced an agreement that provides their network of suppliers access early payments through an LSQ FastTrack® supply chain finance program.
  • Tecogen Announces Obtaining $1.5m Credit Facility
    October 10, 2023
    Tecogen Inc. (OTCQX: TGEN) a leading provider of clean energy products and services, is pleased to announce the signing of a $1.5 million Credit Agreement provided by our directors John Hatsopoulos and Earl Lewis. The line of credit has no fees or interest unless drawn upon and matures 12 months from date of agreement.
  • Tacora Resources Inc. Secures $75 Million of Debtor-In-Possession Financing and Files for Relief Under the CCAA to Complete Its Strategic Process
    October 10, 2023
    Tacora Resources Inc. has obtained an order from the Ontario Superior Court of Justice (Commercial List) commencing proceedings under the Companies' Creditors Arrangement Act. The Initial Order includes, among other things: (a) a stay of proceedings in favour of Tacora; (b) approval of the DIP Facility; and (c) appointment of FTI Consulting Canada Inc. as monitor of Tacora.
  • Showfields Files for Bankruptcy
    October 10, 2023
    The multi-brand specialty retailer on Friday filed for Chapter 11 bankruptcy, following a continued decline in sales post-pandemic that left it unable to pay back mounting debt.
  • Accord Financial Unleashes $40MM Financing to Growing Pet Supply Manufacturer
    October 10, 2023
    Accord Financial Corp., one of the U.S. and Canada’s leading independent commercial finance companies ("Accord") (TSX: ACD) announces the closing of a $40MM equipment lease line to a leading pet supply manufacturer and distributor.
  • Star Mountain Capital Adds Former Head of U.S. Advisor Solutions Group at Goldman Sachs, Stephen DeAngelis as Senior Advisor
    October 10, 2023
    Star Mountain Capital, LLC ("Star Mountain"), a specialized investment manager with approximately $3.5 billion in assets under management (committed capital including debt facilities as of 9/30/2023) focused on generating premium returns from the less efficient and labor-intensive market of U.S. private small and medium-sized businesses (the “lower middle-market”), is pleased to announce that Steve DeAngelis has joined as Senior Advisor.
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