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Home > Chapters > Canada > News Detail
  • Safe Harbor Financial Originates $3 Million First Lien Secured Loan for a Leading THC-infused Beverage Company
    September 14, 2023
    SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and credit facilities to the regulated cannabis industry, today announced that it has originated a $3 million loan for a Washington-based organic, THC-infused beverage company to support its expansion into the California market.
  • Helios Towers Agrees to new Loan and Credit Facility
    September 14, 2023
    Helios Towers PLC on Thursday said it has signed a new five-year term loan facilities agreement of up to USD600 million and a revolving credit facility agreement for up to USD120 million.
  • The Prax Group Announces Successful Closing of a US$300 Million Private Credit Facility
    September 14, 2023
    The Prax Group ("Prax") – a British multinational, independent global energy conglomerate dealing in crude oil, petroleum products and biofuels, with a complete integration across the oil value chain, from upstream to midstream and downstream – has announced the successful closing of a new privately placed c.US$300 million (equivalent) Term Loan Facility (the "Facility").
  • Leonid Capital Partners Secures $200 Million Credit Facility from Victory Park Capital to Support Government Contractors
    September 14, 2023
    Leonid Capital Partners (“LCP”), a Huntington Beach-based specialty credit fund, announced today that it has secured a $200 million credit facility from Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit. The credit facility will be used to leverage LCP’s first institutional fund and finance a portfolio of loans to contractors serving the U.S. Department of Defense (“DoD”).
  • Zions Bancorporation Completes Asset-Based Lending Deal With Product Manufacturer
    September 14, 2023
    Zions Bancorporation, N.A., through its Utah division, Zions Bank closed and funded a $4,000,000 credit facility for a client in design, manufacture, and logistics. The credit facility consisted of a multi-year revolving line of credit.
  • US Capital Global Securities Advises on $10MM Financing for Multi-Award-Winning Smart Card Cybersecurity Firm
    September 14, 2023
    US Capital Global Securities LLC, an affiliate of US Capital Global, has provided customized financial advisory services for Danish high-security smart card provider CardLab ApS (“CardLab” or the “Company”), culminating in a $10 million offer for convertible note financing. CardLab provides best-in-class technical design and manufacturing support for biometric card solutions, including scalable security platforms and seamless integration into existing cybersecurity infrastructure.
  • Unlock Technologies and Saluda Grade Secure $100 Million Revolving Credit Facility Led by Texas Capital
    September 14, 2023
    Unlock Technologies Inc. (Unlock), a leading home equity investment technology company, and Saluda Grade, a private alternative real estate investment firm, have secured a $100 million revolving credit facility led by Texas Capital Bank (Texas Capital).
  • Regions Bank Announces Newly Appointed Risk Management Executives
    September 14, 2023
    Regions Bank on Wednesday announced Anna Brackin has been appointed to serve as Chief Compliance Officer overseeing the company’s compliance risk management program. In addition, Gary Walton recently joined the bank as Business Unit Chief Risk Officer for Regions’ Consumer Banking and Wealth Management divisions.
  • Blackstone (BX) Combines Its Credit and Insurance Groups
    September 14, 2023
    Blackstone Inc. BX has integrated its corporate credit, asset-based finance and insurance groups into a single unit called the Blackstone Credit & Insurance (“BXCI”). BXCI is expected to accelerate growth by creating a more seamless experience for clients and borrowers.
  • CIBC Innovation Banking Provides Performio $13 Million in Debt Financing to Drive Continued Growth and Innovation
    September 14, 2023
    CIBC Innovation Banking announced today that it has provided $13 million in growth capital financing to Performio, an incentive compensation-software company. Performio offers a SaaS platform that unlocks the power of incentive compensation management; saving on the time, money and resources required to manage the complexity of paying people on performance
  • Second Avenue Capital Partners Agents $50 Million Credit Facility for Allstar Marketing Group
    September 13, 2023
    Second Avenue Capital Partners (SACP), a Schottenstein affiliate, has provided a new $44 Million revolving credit facility for Allstar Marketing Group, a dynamic consumer product development and marketing company. SACP was also the agent for an additional $6 Million term loan to support Allstar’s growth initiatives.
  • Rosenthal Names Feride Bennett VP Business Development Officer of International Factoring Division
    September 13, 2023
    Rosenthal & Rosenthal, Inc., the largest privately-held factoring firm in the United States, today announced that Feride Bennett has joined Rosenthal as VP Business Development Officer of its International Factoring Division.
  • B. Riley Adds Experienced Consumer Investment Banker, Michael Devitt, as Managing Director
    September 13, 2023
    B. Riley Securities, a leading middle market investment bank and subsidiary of B. Riley Financial (Nasdaq: RILY), today announced the addition of experienced consumer investment banker, Michael Devitt as a Managing Director based in the firm’s Greenbrae, San Francisco office.
  • First Citizens Wealth Launches New Wealth Advisory Team to Serve Individuals and Institutions in Southern California
    September 13, 2023
    First Citizens Wealth today launched a new wealth advisory business with a team of advisors across Southern California to better serve individuals, families, and institutions in growing, managing, and preserving their wealth
  • Tiger Group Taps Industry Veterans for Strategy-Focused Advisory Board
    September 13, 2023
    Tiger Group, which provides asset-valuation, advisory, disposition, financial and lending services to a wide array of companies, today announced the first four members of its newly launched Board of Advisors.
  • TradeCap Partners Provides $9 million Production Finance Facility to Industrial Equipment Manufacturer
    September 13, 2023
    TradeCap Partners, LLC (“TradeCap”) is pleased to announce a $9 million production finance facility structured for an industrial equipment manufacturer. The facility will be used to help finance release orders issued under a large contract the company received from the US Government.
  • Gilronan Joins CohnReznick as Principal, Technology+ Leader
    September 13, 2023
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Shawn Gilronan has joined the firm as Principal and leader of its Technology+ practice. As practice leader, Gilronan will put data strategy, data management, and analytics at the forefront of solving client challenges by deploying AI, automation, predictive analytics, and digital point solutions to the commercial and public sectors.
  • Great Rock Capital Closes Corporate Note Financing
    September 13, 2023
    Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the successful closing of an investment-grade corporate note financing.
  • Pathlight Capital Upsizes Term Loan Credit Facility to $200.6MM in Connection with Franchise Group Buyout
    September 13, 2023
    Pathlight Capital LP ("Pathlight") is pleased to announce the closing of a $133.5MM upsize ("Upsize Facility") to the existing senior secured term loan credit facility to a Franchise Group, Inc.
  • H.I.G. Capital Closes Record $5.5B H.I.G. Middle Market LBO Fund IV
    September 13, 2023
    H.I.G. Capital, a leading global alternative asset management firm with $58 billion of capital under management, is pleased to announce the closing of H.I.G. Middle Market LBO Fund IV.
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  • Safe Harbor Financial Originates $3 Million First Lien Secured Loan for a Leading THC-infused Beverage Company
    September 14, 2023
    SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and credit facilities to the regulated cannabis industry, today announced that it has originated a $3 million loan for a Washington-based organic, THC-infused beverage company to support its expansion into the California market.
  • Helios Towers Agrees to new Loan and Credit Facility
    September 14, 2023
    Helios Towers PLC on Thursday said it has signed a new five-year term loan facilities agreement of up to USD600 million and a revolving credit facility agreement for up to USD120 million.
  • The Prax Group Announces Successful Closing of a US$300 Million Private Credit Facility
    September 14, 2023
    The Prax Group ("Prax") – a British multinational, independent global energy conglomerate dealing in crude oil, petroleum products and biofuels, with a complete integration across the oil value chain, from upstream to midstream and downstream – has announced the successful closing of a new privately placed c.US$300 million (equivalent) Term Loan Facility (the "Facility").
  • Leonid Capital Partners Secures $200 Million Credit Facility from Victory Park Capital to Support Government Contractors
    September 14, 2023
    Leonid Capital Partners (“LCP”), a Huntington Beach-based specialty credit fund, announced today that it has secured a $200 million credit facility from Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit. The credit facility will be used to leverage LCP’s first institutional fund and finance a portfolio of loans to contractors serving the U.S. Department of Defense (“DoD”).
  • Zions Bancorporation Completes Asset-Based Lending Deal With Product Manufacturer
    September 14, 2023
    Zions Bancorporation, N.A., through its Utah division, Zions Bank closed and funded a $4,000,000 credit facility for a client in design, manufacture, and logistics. The credit facility consisted of a multi-year revolving line of credit.
  • US Capital Global Securities Advises on $10MM Financing for Multi-Award-Winning Smart Card Cybersecurity Firm
    September 14, 2023
    US Capital Global Securities LLC, an affiliate of US Capital Global, has provided customized financial advisory services for Danish high-security smart card provider CardLab ApS (“CardLab” or the “Company”), culminating in a $10 million offer for convertible note financing. CardLab provides best-in-class technical design and manufacturing support for biometric card solutions, including scalable security platforms and seamless integration into existing cybersecurity infrastructure.
  • Unlock Technologies and Saluda Grade Secure $100 Million Revolving Credit Facility Led by Texas Capital
    September 14, 2023
    Unlock Technologies Inc. (Unlock), a leading home equity investment technology company, and Saluda Grade, a private alternative real estate investment firm, have secured a $100 million revolving credit facility led by Texas Capital Bank (Texas Capital).
  • Regions Bank Announces Newly Appointed Risk Management Executives
    September 14, 2023
    Regions Bank on Wednesday announced Anna Brackin has been appointed to serve as Chief Compliance Officer overseeing the company’s compliance risk management program. In addition, Gary Walton recently joined the bank as Business Unit Chief Risk Officer for Regions’ Consumer Banking and Wealth Management divisions.
  • Blackstone (BX) Combines Its Credit and Insurance Groups
    September 14, 2023
    Blackstone Inc. BX has integrated its corporate credit, asset-based finance and insurance groups into a single unit called the Blackstone Credit & Insurance (“BXCI”). BXCI is expected to accelerate growth by creating a more seamless experience for clients and borrowers.
  • CIBC Innovation Banking Provides Performio $13 Million in Debt Financing to Drive Continued Growth and Innovation
    September 14, 2023
    CIBC Innovation Banking announced today that it has provided $13 million in growth capital financing to Performio, an incentive compensation-software company. Performio offers a SaaS platform that unlocks the power of incentive compensation management; saving on the time, money and resources required to manage the complexity of paying people on performance
  • Second Avenue Capital Partners Agents $50 Million Credit Facility for Allstar Marketing Group
    September 13, 2023
    Second Avenue Capital Partners (SACP), a Schottenstein affiliate, has provided a new $44 Million revolving credit facility for Allstar Marketing Group, a dynamic consumer product development and marketing company. SACP was also the agent for an additional $6 Million term loan to support Allstar’s growth initiatives.
  • Rosenthal Names Feride Bennett VP Business Development Officer of International Factoring Division
    September 13, 2023
    Rosenthal & Rosenthal, Inc., the largest privately-held factoring firm in the United States, today announced that Feride Bennett has joined Rosenthal as VP Business Development Officer of its International Factoring Division.
  • B. Riley Adds Experienced Consumer Investment Banker, Michael Devitt, as Managing Director
    September 13, 2023
    B. Riley Securities, a leading middle market investment bank and subsidiary of B. Riley Financial (Nasdaq: RILY), today announced the addition of experienced consumer investment banker, Michael Devitt as a Managing Director based in the firm’s Greenbrae, San Francisco office.
  • First Citizens Wealth Launches New Wealth Advisory Team to Serve Individuals and Institutions in Southern California
    September 13, 2023
    First Citizens Wealth today launched a new wealth advisory business with a team of advisors across Southern California to better serve individuals, families, and institutions in growing, managing, and preserving their wealth
  • Tiger Group Taps Industry Veterans for Strategy-Focused Advisory Board
    September 13, 2023
    Tiger Group, which provides asset-valuation, advisory, disposition, financial and lending services to a wide array of companies, today announced the first four members of its newly launched Board of Advisors.
  • TradeCap Partners Provides $9 million Production Finance Facility to Industrial Equipment Manufacturer
    September 13, 2023
    TradeCap Partners, LLC (“TradeCap”) is pleased to announce a $9 million production finance facility structured for an industrial equipment manufacturer. The facility will be used to help finance release orders issued under a large contract the company received from the US Government.
  • Gilronan Joins CohnReznick as Principal, Technology+ Leader
    September 13, 2023
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Shawn Gilronan has joined the firm as Principal and leader of its Technology+ practice. As practice leader, Gilronan will put data strategy, data management, and analytics at the forefront of solving client challenges by deploying AI, automation, predictive analytics, and digital point solutions to the commercial and public sectors.
  • Great Rock Capital Closes Corporate Note Financing
    September 13, 2023
    Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the successful closing of an investment-grade corporate note financing.
  • Pathlight Capital Upsizes Term Loan Credit Facility to $200.6MM in Connection with Franchise Group Buyout
    September 13, 2023
    Pathlight Capital LP ("Pathlight") is pleased to announce the closing of a $133.5MM upsize ("Upsize Facility") to the existing senior secured term loan credit facility to a Franchise Group, Inc.
  • H.I.G. Capital Closes Record $5.5B H.I.G. Middle Market LBO Fund IV
    September 13, 2023
    H.I.G. Capital, a leading global alternative asset management firm with $58 billion of capital under management, is pleased to announce the closing of H.I.G. Middle Market LBO Fund IV.
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