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.

MidFirst Bank, the largest privately held bank in the nation, recently announced its expansion into the Southern Nevada market. This effort is led by Michael Pizzi, who will serve as Senior Vice President and Nevada Market Executive, and a team of bankers from Bank of Nevada who have extensive area expertise, deep regional relationships and a proven track record of delivering exceptional support to their customers and the communities they serve.

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company” or “Pebblebrook”) today announced the successful extension of approximately $357 million of its $460 million October 2024 maturity term loan to 2028.

Moritt Hock & Hamroff announced today the addition of Sean E. Mitchell to its Fort Lauderdale office, illustrating the firm's continued growth and expansion in Southeast Florida. Mr. Mitchell joins the firm as Counsel in its Secured Lending and Real Estate Practice Groups.

FGI Worldwide LLC (www.FGIWW.com) (“FGI”), a global leader in the commercial finance industry, has announced the hiring of Greg McBride as Director, FGI Risk. Based out of the Chicago office, Mr. McBride will focus on originating new business opportunities for FGI’s credit insurance brokerage and risk advisory division by developing relationships throughout the Midwest.

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the closing of a $46.3 million senior secured term loan for a fast-growing equipment management, leasing, and technology company.

Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of four factoring and asset-based lending transactions totaling nearly $30 million.

Iron Horse Credit (“IHC”), a leading inventory lender, is pleased to announce the closing of a $1,500,000 stand-alone inventory revolving line of credit to an online pet care and food retailer.

Ares Commercial Finance is pleased to announce that Ian Maccubbin has joined its Business Development and Underwriting teams as a Principal. Mr. Maccubbin will be based in Boston and will assist in covering the Northeast market, where he will have cross-functional business development and underwriting responsibilities.

North Mill Equipment Finance LLC (“NMEF”), a leading independent commercial equipment lender headquartered in Norwalk, Connecticut, raised $20,000 in charitable contributions through the holiday season. The proceeds will be distributed to Future 5, a platform that supports under-resourced high school students in Stamford, Connecticut, and Lucky Dog Refuge, a retreat for dogs in dire need of care.