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Home > Chapters > Canada > News Detail
  • Comerica Bank Names Jenae Anderson Colorado Market President, Adds Middle Market Banking Team
    May 22, 2023
    Comerica Bank announced Jenae Anderson has been named its first Colorado Market President. She previously served as Comerica's Head of Commercial Banking in this footprint, responsible for overseeing commercial lending and community engagement, which she will continue to do in her new role.
  • Planet Financial Group, LLC Subsidiaries Gain Market Share in 2022
    May 22, 2023
    Planet Financial Group, LLC, parent of national mortgage lender and servicer Planet Home Lending, LLC and asset manager Planet Management Group, LLC (PMG), continued to gain market share in 2022. During 2022, Planet Home Lending's servicing portfolio grew 47% to $73.6 billion, including $17.5 billion in sub-serviced assets managed by Planet Management Group. Correspondent volume rose to $24.1 billion, up 5.4%.
  • Alvarez & Marsal Adds a Total of Eight Managing Directors and Senior Directors to its Talent, Organization & People Management Group
    May 22, 2023
    Leading global professional services firm Alvarez & Marsal (A&M) announces the appointment of three Managing Directors and five Senior Directors in the Talent Organization & People Management (TOP) group within its Corporate Performance Improvement (CPI) practice.
  • Encore Capital (ECPG) Ups Credit Facility to Boost Flexibility
    May 18, 2023
    Encore Capital Group, Inc. ECPG recently scaled up the size of its global senior secure revolving credit facility from $1.14 billion to $1.18 billion. Simultaneously, the maturity date of the facility was extended by a year from September 2026.
  • Telsey Advisory Group Expands Debt Capital Markets Group with Two Key Hires
    May 18, 2023
    Telsey Advisory Group, (TAG), a women-owned, full-service broker-dealer, certified Women’s Business Enterprise (WBE), is pleased to announce the addition of two talented professionals to its esteemed Debt Capital Markets group. The new hires will bolster the firm's capabilities in providing comprehensive debt financing solutions to its diverse clientele.
  • Enghouse Systems Enters Into Asset Purchase Agreement With Lifesize Inc.
    May 18, 2023
    Lifesize Inc. (“Lifesize” or “the Company”), a leading, global provider of video conferencing and omnichannel contact center solutions, today announced it has entered into an Asset Purchase Agreement (“APA” or “Agreement”), with Enghouse Systems Ltd., a leading vertical enterprise software solutions company.
  • US Capital Global Launches Global M&A Division for the Emerging Growth and Middle Market Arena
    May 18, 2023
    US Capital Global is pleased to announce the launch of its newly formed Mergers and Acquisitions (M&A) division, headed by investment banking veterans Jeffrey Sweeney (Chairman and CEO), Charles Towle (COO and Managing Partner), Mitchell R. Cohen (Senior Vice President and Partner), Frank Villarreal (Senior Vice President), and David Reinikanien (Vice President).
  • Marathon Asset Management Announces New Partner
    May 18, 2023
    Marathon Asset Management (“Marathon”), a leading global credit investment manager, announced today that Ed Cong, who joined Marathon 17 years ago, has become the firm’s newest Partner. Mr. Cong will continue to serve as Senior Portfolio Manager for the firm’s Structured Credit and Asset Based Lending businesses and is a member of Marathon’s Executive Committee and Investment Committee.
  • Essex Capital Arranges $14 Million Debt Refinancing for Eclipse Gaming Systems
    May 18, 2023
    Essex Capital Group, Inc. (“Essex”) announced that the firm recently closed a new $14 million debt facility for Eclipse Gaming Systems, LLC (“Eclipse” or the ”Company”). Deal proceeds were used by Eclipse to refinance existing debt and fund the continued growth of the Company.
  • Niche Internet Brands Can Thrive by Merging with Larger Retailers
    May 18, 2023
    Tiger Group’s turnaround and sale of California-based wardrobe essentials brand Richer Poorer to francesca’s® Acquisition LLC shows that merging with a larger platform is a viable path forward for other e-tailers, advised Ryan Davis, Tiger Group Executive Managing Director.
  • Ryman Hospitality Properties, Inc. Successfully Completes Refinancing of $700 Million Credit Facility and $500 Million Term Loan B
    May 18, 2023
    Led by Wells Fargo, the Company refinanced its existing $700 Million Revolving Credit Facility (“Revolver”), extending its maturity from 2024 to 2027, with the option to extend the maturity date for a maximum of one additional year through either (i) a single 12-month extension option or (ii) two individual 6 month extensions.
  • wefox Secures $110m With $55m Credit Facility From J.P. Morgan and Barclays
    May 18, 2023
    wefox, the Berlin-based insurtech, has secured US$55m credit facility from J.P. Morgan and Barclays alongside a $55m second close in its Series D at US$4.5bn valuation from existing investors and new investors including Squarepoint.
  • Helios Technologies Expands Financial Capacity With Oversubscribed $150 Million Term Loan
    May 17, 2023
    Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced an additional term loan of $150 million from the company’s existing Accordion facility.
  • Yerbaé Announces New Credit Facility of US$2.5 Million from Oxford Bank to Fuel Growth and Expansion
    May 17, 2023
    Yerbaé Brands Corp. (the “Company” or “Yerbaé”) announces today that it has secured a new accounts receivable and inventory line of credit of US$2,500,000 (the “Debt Facility”) from Oxford Commercial Finance, a Michigan banking corporation (“Oxford Bank”), through its Delaware subsidiary Yerbaé LLC.
  • Enghouse Systems Enters Into Asset Purchase Agreement With Lifesize Inc.
    May 17, 2023
    Lifesize Inc. (“Lifesize” or “the Company”), a leading, global provider of video conferencing and omnichannel contact center solutions, today announced it has entered into an Asset Purchase Agreement (“APA” or “Agreement”), with Enghouse Systems Ltd., a leading vertical enterprise software solutions company.
  • Easterly Asset Management Hires Lauren Crisafi as Senior Vice President
    May 17, 2023
    Easterly Asset Management (“Easterly”), a multi-affiliate asset manager of high-performing boutique investment firms, today announced the hiring of Lauren Crisafi as Senior Vice President of Marketing. Lauren will be based out of Easterly’s headquarters in Beverly, MA.
  • Briar Capital Real Estate Fund Closes a $8.95MM Real Estate Loan for a Family-owned OEM of Drivetrain and Powertrain Assemblies in Michigan
    May 17, 2023
    Briar Capital Real Estate Fund recently closed a $8.95MM real estate loan for a family-owned OEM of drivetrain and powertrain assemblies in Michigan. Briar Capital’s real estate loan was closed in conjunction with a total debt and operational restructuring organized by a National Turnaround Consulting Firm.
  • Orion Group Holdings, Inc. Announces Closing of $103 Million Senior Secured Credit Facility and $13 Million Equipment Sale-Leaseback
    May 17, 2023
    Orion Group Holdings, Inc. (NYSE: ORN) (the "Company"), a leading specialty construction company, today announced the closing of a new 3-year $103 million senior secured asset based credit facility with White Oak ABL, LLC and White Oak Commercial Finance, LLC, which are the asset based lending affiliates of White Oak Global Advisors, LLC, (collectively, “White Oak”).
  • Portage Point Adds Robin Chiu Further Strengthening Turnaround & Restructuring Practice
    May 17, 2023
    Portage Point Partners, LLC (Portage Point), an elite boutique advisory, consulting, interim management and financial services firm, announced today that Robin Chiu has joined the firm as Managing Director.
  • Stellus Capital Management, LLC Provides Unitranche Financing in Support of Eagle Merchant Partners’ Acquisition of Impact Home Services, LLC
    May 17, 2023
    Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates acted as administrative agent and provided senior debt financing and an equity co-investment in support of Eagle Merchant Partners’ (“Eagle Merchant”) acquisition of Impact Home Services, LLC (“Impact” or the “Company”), an independent owner and operator of franchises within Neighborly, the world’s largest home services company.
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  • Comerica Bank Names Jenae Anderson Colorado Market President, Adds Middle Market Banking Team
    May 22, 2023
    Comerica Bank announced Jenae Anderson has been named its first Colorado Market President. She previously served as Comerica's Head of Commercial Banking in this footprint, responsible for overseeing commercial lending and community engagement, which she will continue to do in her new role.
  • Planet Financial Group, LLC Subsidiaries Gain Market Share in 2022
    May 22, 2023
    Planet Financial Group, LLC, parent of national mortgage lender and servicer Planet Home Lending, LLC and asset manager Planet Management Group, LLC (PMG), continued to gain market share in 2022. During 2022, Planet Home Lending's servicing portfolio grew 47% to $73.6 billion, including $17.5 billion in sub-serviced assets managed by Planet Management Group. Correspondent volume rose to $24.1 billion, up 5.4%.
  • Alvarez & Marsal Adds a Total of Eight Managing Directors and Senior Directors to its Talent, Organization & People Management Group
    May 22, 2023
    Leading global professional services firm Alvarez & Marsal (A&M) announces the appointment of three Managing Directors and five Senior Directors in the Talent Organization & People Management (TOP) group within its Corporate Performance Improvement (CPI) practice.
  • Encore Capital (ECPG) Ups Credit Facility to Boost Flexibility
    May 18, 2023
    Encore Capital Group, Inc. ECPG recently scaled up the size of its global senior secure revolving credit facility from $1.14 billion to $1.18 billion. Simultaneously, the maturity date of the facility was extended by a year from September 2026.
  • Telsey Advisory Group Expands Debt Capital Markets Group with Two Key Hires
    May 18, 2023
    Telsey Advisory Group, (TAG), a women-owned, full-service broker-dealer, certified Women’s Business Enterprise (WBE), is pleased to announce the addition of two talented professionals to its esteemed Debt Capital Markets group. The new hires will bolster the firm's capabilities in providing comprehensive debt financing solutions to its diverse clientele.
  • Enghouse Systems Enters Into Asset Purchase Agreement With Lifesize Inc.
    May 18, 2023
    Lifesize Inc. (“Lifesize” or “the Company”), a leading, global provider of video conferencing and omnichannel contact center solutions, today announced it has entered into an Asset Purchase Agreement (“APA” or “Agreement”), with Enghouse Systems Ltd., a leading vertical enterprise software solutions company.
  • US Capital Global Launches Global M&A Division for the Emerging Growth and Middle Market Arena
    May 18, 2023
    US Capital Global is pleased to announce the launch of its newly formed Mergers and Acquisitions (M&A) division, headed by investment banking veterans Jeffrey Sweeney (Chairman and CEO), Charles Towle (COO and Managing Partner), Mitchell R. Cohen (Senior Vice President and Partner), Frank Villarreal (Senior Vice President), and David Reinikanien (Vice President).
  • Marathon Asset Management Announces New Partner
    May 18, 2023
    Marathon Asset Management (“Marathon”), a leading global credit investment manager, announced today that Ed Cong, who joined Marathon 17 years ago, has become the firm’s newest Partner. Mr. Cong will continue to serve as Senior Portfolio Manager for the firm’s Structured Credit and Asset Based Lending businesses and is a member of Marathon’s Executive Committee and Investment Committee.
  • Essex Capital Arranges $14 Million Debt Refinancing for Eclipse Gaming Systems
    May 18, 2023
    Essex Capital Group, Inc. (“Essex”) announced that the firm recently closed a new $14 million debt facility for Eclipse Gaming Systems, LLC (“Eclipse” or the ”Company”). Deal proceeds were used by Eclipse to refinance existing debt and fund the continued growth of the Company.
  • Niche Internet Brands Can Thrive by Merging with Larger Retailers
    May 18, 2023
    Tiger Group’s turnaround and sale of California-based wardrobe essentials brand Richer Poorer to francesca’s® Acquisition LLC shows that merging with a larger platform is a viable path forward for other e-tailers, advised Ryan Davis, Tiger Group Executive Managing Director.
  • Ryman Hospitality Properties, Inc. Successfully Completes Refinancing of $700 Million Credit Facility and $500 Million Term Loan B
    May 18, 2023
    Led by Wells Fargo, the Company refinanced its existing $700 Million Revolving Credit Facility (“Revolver”), extending its maturity from 2024 to 2027, with the option to extend the maturity date for a maximum of one additional year through either (i) a single 12-month extension option or (ii) two individual 6 month extensions.
  • wefox Secures $110m With $55m Credit Facility From J.P. Morgan and Barclays
    May 18, 2023
    wefox, the Berlin-based insurtech, has secured US$55m credit facility from J.P. Morgan and Barclays alongside a $55m second close in its Series D at US$4.5bn valuation from existing investors and new investors including Squarepoint.
  • Helios Technologies Expands Financial Capacity With Oversubscribed $150 Million Term Loan
    May 17, 2023
    Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced an additional term loan of $150 million from the company’s existing Accordion facility.
  • Yerbaé Announces New Credit Facility of US$2.5 Million from Oxford Bank to Fuel Growth and Expansion
    May 17, 2023
    Yerbaé Brands Corp. (the “Company” or “Yerbaé”) announces today that it has secured a new accounts receivable and inventory line of credit of US$2,500,000 (the “Debt Facility”) from Oxford Commercial Finance, a Michigan banking corporation (“Oxford Bank”), through its Delaware subsidiary Yerbaé LLC.
  • Enghouse Systems Enters Into Asset Purchase Agreement With Lifesize Inc.
    May 17, 2023
    Lifesize Inc. (“Lifesize” or “the Company”), a leading, global provider of video conferencing and omnichannel contact center solutions, today announced it has entered into an Asset Purchase Agreement (“APA” or “Agreement”), with Enghouse Systems Ltd., a leading vertical enterprise software solutions company.
  • Easterly Asset Management Hires Lauren Crisafi as Senior Vice President
    May 17, 2023
    Easterly Asset Management (“Easterly”), a multi-affiliate asset manager of high-performing boutique investment firms, today announced the hiring of Lauren Crisafi as Senior Vice President of Marketing. Lauren will be based out of Easterly’s headquarters in Beverly, MA.
  • Briar Capital Real Estate Fund Closes a $8.95MM Real Estate Loan for a Family-owned OEM of Drivetrain and Powertrain Assemblies in Michigan
    May 17, 2023
    Briar Capital Real Estate Fund recently closed a $8.95MM real estate loan for a family-owned OEM of drivetrain and powertrain assemblies in Michigan. Briar Capital’s real estate loan was closed in conjunction with a total debt and operational restructuring organized by a National Turnaround Consulting Firm.
  • Orion Group Holdings, Inc. Announces Closing of $103 Million Senior Secured Credit Facility and $13 Million Equipment Sale-Leaseback
    May 17, 2023
    Orion Group Holdings, Inc. (NYSE: ORN) (the "Company"), a leading specialty construction company, today announced the closing of a new 3-year $103 million senior secured asset based credit facility with White Oak ABL, LLC and White Oak Commercial Finance, LLC, which are the asset based lending affiliates of White Oak Global Advisors, LLC, (collectively, “White Oak”).
  • Portage Point Adds Robin Chiu Further Strengthening Turnaround & Restructuring Practice
    May 17, 2023
    Portage Point Partners, LLC (Portage Point), an elite boutique advisory, consulting, interim management and financial services firm, announced today that Robin Chiu has joined the firm as Managing Director.
  • Stellus Capital Management, LLC Provides Unitranche Financing in Support of Eagle Merchant Partners’ Acquisition of Impact Home Services, LLC
    May 17, 2023
    Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates acted as administrative agent and provided senior debt financing and an equity co-investment in support of Eagle Merchant Partners’ (“Eagle Merchant”) acquisition of Impact Home Services, LLC (“Impact” or the “Company”), an independent owner and operator of franchises within Neighborly, the world’s largest home services company.
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  • 553 (current)
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