The borrower, an affiliate of Eagle Cliff Real Estate Partners, is building a new 108,000-square-foot distribution center in the Long Island community of Islip. ​ The property is conveniently located near Long Island’s MacArthur Airport, with ready access to both the Long Island Expressway and Sunrise Highway.

Today, Transom Capital Group (“Transom”), a leading operations-focused middle market private equity firm, is pleased to announce the successful completion of its acquisition of Aden & Anais, Inc., a global designer and manufacturer of infant products which are sold under the brands HALO and aden + anais (collectively, the “Company”) via e-Commerce, mass retail, international, hospital/government, DTC, and other channels.

Amanda Sapienza Leach joined SLR Equipment Finance as Vice President of the Risk Department. In her new role, Amanda will utilize her prior experience in credit analysis and financial services to help grow SLR Equipment Finance’s evolving financial solutions platform.

Maple Leaf Foods Inc. (TSX: MFI), an iconic Canadian-based branded food company, announced today that it has amended its existing sustainability-linked credit facility. The amendments, which include the addition of a $400 million, 1-year term loan tranche, will provide the Company with near-term incremental liquidity and flexibility as it continues to ramp-up production at its three new world-class manufacturing facilities that have come on-line over the last 18 months.

Hilco Corporate Finance (HCF), Hilco Global’s investment banking advisory firm, has named Kyle Herman Senior Managing Director and Sanjay Marken Director. Based in Houston, they will focus their national practice on Special Situations and Restructuring Investment Banking Advisory.

Entrepreneur Growth Capital LLC (“EGC”) is pleased to announce the closing of a $3 million term loan to a New Jersey distributor of consumer products. The distributor is experiencing a great deal of growth and is expecting a bank line of credit to close in the next six months. EGC provided a six-month bridge, with extensions available if needed, that is collateralized by accounts receivable and inventory.

Aequum Capital is pleased to announce it recently closed a $7,500,000 credit facility to a premier distributor and retailer of small household appliances. The quality line of appliances are sold through national retailers and e-commerce channels.

SLR Healthcare ABL is pleased to announce that it provided $10 million asset-based revolving line of credit to a medical device company in June 2023.

Armory Securities, LLC is pleased to announce that the assets of Ostrom Mushroom Farms LLC have been acquired by Windmill Farms. Armory served as exclusive financial advisor to the sellers in the transaction. Ostrom has been a leading agricultural producer of fresh, high-quality white, cremini and portobello mushrooms sold primarily to retail customers throughout the U.S. Pacific Northwest, Alaska and Hawaii.

In October 2021, Qwil, a fintech solution that provides early payments to staffing firms and managed service providers, and Talent Solutions TAPFIN, a leading managed service provider (MSP) for contingent workforces, launched their partnership creating a technology enabled early-payment solution for staffing firms. In the year-and-a-half since, the partnership expanded through LSQ’s acquisition of Qwil and has resulted in working capital improvement for contingent staffing suppliers.

- Entourage Health Corp. (TSX-V: ENTG) (OTCQX: ETRGF) (FSE: 4WE) ("Entourage" or the "Company"), a Canadian producer and distributor of award-winning cannabis products, announced today that the Company has partially repaid its senior secured credit facility (the “Credit Facility”) with Bank of Montreal ("BMO") from the net proceeds of the sale of its Strathroy facility and cash, and that the remaining balance of the Credit Facility of approximately $14.6 million has been assumed by its other senior secured lender.

Lannett Company, Inc. (the “Company” or “Lannett”) today announced that it and certain of its subsidiaries have successfully emerged from their Chapter 11 cases following the confirmation of its Plan of Reorganization (the “Plan”) on June 8, 2023.

New data suggests a pattern of credit expansion and a significant shift in credit usage, indicating potential challenges for businesses according to the Equifax Canada Market Pulse Business Credit Trends Report for Q1 2023. Additionally, it highlights growing financial stress in the industrial and financial trades.

SVB Financial Group (Pink Sheets: SIVBQ) today announced that it has entered into a definitive purchase agreement with the management team bidder group led by Jeff Leerink, SVB Securities' Chief Executive Officer and Founder, and backed by funds managed by The Baupost Group L.L.C., for the sale of its investment banking business, SVB Securities. A hearing to seek required court approval is scheduled for June 29, 2023, and the transaction is expected to close shortly thereafter.

Global investment firm Carlyle (NASDAQ: CG) today announced that John Redett will become the firm’s Chief Financial Officer and Head of Corporate Strategy, effective October 1, 2023. Redett succeeds Curt Buser, Chief Financial Officer at Carlyle since 2014, who has decided to retire from the firm effective at the end of the year. Buser will step down as Chief Financial Officer effective September 30, 2023 and will become a Senior Advisor,

ENGlobal (NASDAQ:ENG) has repaid its credit facility with Pacific Western Business Finance in full and entered into a new credit agreement with Alliance 2000, the family limited partnership of ENGlobal executive chairman William A. Coskey, P.E.

Ninepoint Partners LP (“Ninepoint”), one of Canada’s leading alternative investment managers, and Third Eye Capital Corporation (“TEC” or “Third Eye Capital”), whose affiliate, Third Eye Capital Management Inc., is sub-advisor of the Ninepoint-TEC Private Credit Fund and the Ninepoint-TEC Private Credit Fund II (“the Funds”), today announced that Pieridae Energy Limited (“Pieridae”)

division, has successfully completed the acquisition of $123 million of Greek shipping loans, sharply increasing the bank’s maritime financings for clients in Greece.

White Oak ABL, LLC and White Oak Commercial Finance, LLC, the asset-based lending affiliates of White Oak Global Advisors, LLC, (collectively, “White Oak”) provided a $40 million North America ABL credit facility (the “ABL Facility”) to Invacare Holdings Corporation (“Invacare” or the “Company”)

Bell Bank, through its Bell Business Credit asset-based lending business channel, provided a $2,000,000 credit facility to a Kentucky-based promotional fulfillment and logistics firm specializing in digital marketing campaigns for Fortune 500 entities.