• Gold Royalty to Expand Existing Secured Revolving Credit Facility Up to US$35 Million and Joins United Nations Global Compact
    February 14, 2023
    Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce an amended and restated credit agreement with the Bank of Montreal and the National Bank of Canada to expand its existing secured revolving credit facility by US$10 million to US$35 million. The expanded credit facility consists of a US$20 million secured revolving credit facility (the "Facility"), with an accordion feature providing for an additional US$15 million of availability (the "Accordion") subject to certain additional conditions.
  • Concord, an H.I.G. Capital Portfolio Company, Completes Acquisition of Authentic
    February 14, 2023
    H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $54 billion of equity capital under management, is pleased to announce that its portfolio company, Concord USA, LLC (“Concord”), has acquired Authentic Digital (“Authentic”), which represents Concord’s third add-on acquisition over the last year. Concord is a leading technology consulting and digital transformation firm focused on digital and product experience, data management and analytics, and cloud engineering and modernization.
  • Norton Rose Fulbright Reelects Jeff Cody as US Managing Partner
    February 14, 2023
    Norton Rose Fulbright announced today the reelection of Jeff Cody as US Managing Partner for a second four-year term, effective January 1, 2024. Jeff will continue to lead the law firm’s US management team as well as oversee US operations and strategy. He will also serve as Chair of its US Management Committee and US Partnership Committee.
  • Monroe Capital Supports Knox Lane’s Investment in Spectrum Science
    February 14, 2023
    Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the strategic investment and continued growth of Spectrum Science (“Spectrum”) by private equity sponsor Knox Lane. Based in Washington D.C., Spectrum is an independent, integrated marketing, communications and media firm focused on the pharmaceutical, biotech and broader life science industries.
  • Justice For Me Closes $10 Million Credit Facility
    February 13, 2023
    Justice Gap Solutions, Inc. dba Justice For Me (“JFM” or “the Company”), the first to market legal financial technology platform that removes the financial barriers that prevent clients and attorneys from working together, today announced that the Company has closed a $10 million credit facility with New York based Crescendo Asset Management, LLC (“CAM”).
  • Moritt Hock & Hamroff Welcomes Brian C. Daughney
    February 13, 2023
    The law firm of Moritt Hock & Hamroff has announced that Brian C. Daughney has joined the firm as a Partner in the Corporate, M&A and Securities Practice Group, resident in the Garden City office.
  • Cambridge Savings Bank Extends Strategic Financing to Facilitate Management Buyout of Formaggio Kitchen
    February 13, 2023
    Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that it has provided $5.3 million in lending to support the transition of ownership of Formaggio Kitchen, a regional chain of gourmet food stores specializing in cheese, to longtime employee Julia Hallman. After working for Formaggio Kitchen for 15 years as a senior buyer and general manager, Hallman successfully purchased the franchise in January 2023.
  • EagleBank Provides $25MM in Construction Financing to The Community Builders and Dantes Partners
    February 13, 2023
    EagleBank, one of the largest community banks in the Washington, D.C. area, today announced it has provided $25,000,000 in construction financing to The Community Builders (TCB) and Dantes Partners for a 142-unit “100% affordable” multifamily project located at 610 Park Road, NW, Washington, DC – part of the larger Park Morton and Bruce Monroe redevelopment plan to transform a 174-unit public housing property into a mixed-income community of nearly 500 units.
  • Lion Electric Announces North American Agreement with Mitsubishi HC Capital Canada and ENGS Commercial Finance Co. to Provide Financing
    February 13, 2023
    The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium- and heavy-duty vehicles, today announced that the Company has entered into an agreement with Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, and its related company, ENGS Commercial Finance Co, to provide financing solutions to Lion school bus and truck customers in the United States and Canada through LionCapital Solutions' vehicle financing program.
  • Casella Waste Systems, Inc. Introduces Sustainability-Linked Credit Facility
    February 13, 2023
    Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling, and resource management services company, today announced an amendment to its existing $650 million credit facility that links borrowing costs to progress in achieving certain annual sustainability goals.
  • Potbelly Corporation Announces Replacement of Short-Term Revolver with $25 Million Five-Year Term Loan
    February 13, 2023
    Potbelly Corporation (NASDAQ: PBPB) (“Potbelly” or the “Company”), the iconic neighborhood sandwich shop, today announced it closed on a new $25 million senior secured term loan (the “Facility”) that matures on February 7, 2028, led by Sagard.
  • Altisource Announces Execution of an Amendment of the Company’s Term Loans and Revolving Credit Agreement
    February 13, 2023
    Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it executed an amendment to the Company’s term loans on February 9, 2023 (the “Term Loan Amendment") which the parties anticipate will close on February 14, 2023. The Term Loan Amendment, among other things, extends the maturity date to April 2025 with an option to extend to April 2026, subject to certain prepayment and other terms and conditions.
  • Abacus Finance Provides Senior Debt Financing to Support the Leveraged Buyout of Sabai Group, LLC by Thompson Street Capital Partners
    February 13, 2023
    Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of lower middle-market companies – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Sole Lender for senior secured credit facilities to support the leveraged buyout of Sabai Group, LLC by Thompson Street Capital Partners. Additionally, Abacus made an equity co-investment in Sabai Group, LLC.
  • FTI Consulting Strengthens Retail & Consumer Products Practice with Appointment of Kurt Staelens
    February 13, 2023
    FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Kurt Staelens as a Senior Managing Director in the Retail & Consumer Products practice within the firm’s Corporate Finance & Restructuring segment. Mr. Staelens, who is based in Chicago, joins FTI Consulting with more than 30 years of experience in the retail space, focusing on digital commerce, store-based fulfillment, localized merchandising and personalized marketing for iconic U.S. and global retail brands.
  • Getzler Henrich & Associates Names Mark D. Podgainy Leader of Commercial Real Estate and Hospitality Practice
    February 13, 2023
    Mark Podgainy has been named the Commercial Real Estate and Hospitality Practice Leader of Getzler Henrich & Associates LLC, one of the nation's oldest and respected middle-market corporate restructurings and operations improvement firms.
  • TD and First Horizon Extend Outside Date of Proposed Transaction to May 27, 2023
    February 13, 2023
    TD Bank Group ("TD") (TSX: TD) and (NYSE: TD) and First Horizon Corporation ("First Horizon") (NYSE: FHN) today announced that they have mutually agreed to extend the outside date of their proposed transaction from February 27 to May 27, 2023, in accordance with the terms of the merger agreement.
  • Runway Growth Capital Announces a Senior Secured Term Loan of $50 Million to Madison Reed
    February 13, 2023
    Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, today announced the close of a senior secured term loan commitment of $50 million to Madison Reed, a digitally enabled omni-channel prestige hair color company predominantly focused on women.
  • CIBC Innovation Banking Announces Growth Capital Facility for Beauceron Security
    February 13, 2023
    CIBC Innovation Banking is pleased to announce a growth capital facility for Fredericton-based Beauceron Security Inc. (“Beauceron Security”), a cybersecurity SaaS platform that helps businesses of all sizes manage and monitor for cyber risks. Beauceron Security plans to leverage the growth capital facility to continue building new features and products to further assist businesses in reducing their vulnerability to human-centric cyber risks.
  • Bridge Bank’s Corporate Banking Group Welcomes Nam Nguyen
    February 13, 2023
    -Bridge Bank today announced the addition of Nam Nguyen as vice president and relationship manager in the Corporate Banking Group. Nguyen will be based in Bridge Bank’s East Bay Loan Production office, located in Pleasanton, California. He will be responsible for managing loan and financing activity for a broad portfolio of complex middle-market companies.
  • Premier Brands Group Successfully Upsizes ABL and Extends Term Loan with Unanimous Lender Consent
    February 9, 2023
    remier Brands Group (the "Company") today announced that it has successfully completed a refinancing and upsizing of its asset-based revolving credit facility and amendment and extension of its term loan credit facility. The refinancing increased capacity under the Company's asset-based credit facility to $255 million and provided Premier Brands Group with approximately $50 million of incremental liquidity, and has a maturity in 2026.
  • Gold Royalty to Expand Existing Secured Revolving Credit Facility Up to US$35 Million and Joins United Nations Global Compact
    February 14, 2023
    Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce an amended and restated credit agreement with the Bank of Montreal and the National Bank of Canada to expand its existing secured revolving credit facility by US$10 million to US$35 million. The expanded credit facility consists of a US$20 million secured revolving credit facility (the "Facility"), with an accordion feature providing for an additional US$15 million of availability (the "Accordion") subject to certain additional conditions.
  • Concord, an H.I.G. Capital Portfolio Company, Completes Acquisition of Authentic
    February 14, 2023
    H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $54 billion of equity capital under management, is pleased to announce that its portfolio company, Concord USA, LLC (“Concord”), has acquired Authentic Digital (“Authentic”), which represents Concord’s third add-on acquisition over the last year. Concord is a leading technology consulting and digital transformation firm focused on digital and product experience, data management and analytics, and cloud engineering and modernization.
  • Norton Rose Fulbright Reelects Jeff Cody as US Managing Partner
    February 14, 2023
    Norton Rose Fulbright announced today the reelection of Jeff Cody as US Managing Partner for a second four-year term, effective January 1, 2024. Jeff will continue to lead the law firm’s US management team as well as oversee US operations and strategy. He will also serve as Chair of its US Management Committee and US Partnership Committee.
  • Monroe Capital Supports Knox Lane’s Investment in Spectrum Science
    February 14, 2023
    Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the strategic investment and continued growth of Spectrum Science (“Spectrum”) by private equity sponsor Knox Lane. Based in Washington D.C., Spectrum is an independent, integrated marketing, communications and media firm focused on the pharmaceutical, biotech and broader life science industries.
  • Justice For Me Closes $10 Million Credit Facility
    February 13, 2023
    Justice Gap Solutions, Inc. dba Justice For Me (“JFM” or “the Company”), the first to market legal financial technology platform that removes the financial barriers that prevent clients and attorneys from working together, today announced that the Company has closed a $10 million credit facility with New York based Crescendo Asset Management, LLC (“CAM”).
  • Moritt Hock & Hamroff Welcomes Brian C. Daughney
    February 13, 2023
    The law firm of Moritt Hock & Hamroff has announced that Brian C. Daughney has joined the firm as a Partner in the Corporate, M&A and Securities Practice Group, resident in the Garden City office.
  • Cambridge Savings Bank Extends Strategic Financing to Facilitate Management Buyout of Formaggio Kitchen
    February 13, 2023
    Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that it has provided $5.3 million in lending to support the transition of ownership of Formaggio Kitchen, a regional chain of gourmet food stores specializing in cheese, to longtime employee Julia Hallman. After working for Formaggio Kitchen for 15 years as a senior buyer and general manager, Hallman successfully purchased the franchise in January 2023.
  • EagleBank Provides $25MM in Construction Financing to The Community Builders and Dantes Partners
    February 13, 2023
    EagleBank, one of the largest community banks in the Washington, D.C. area, today announced it has provided $25,000,000 in construction financing to The Community Builders (TCB) and Dantes Partners for a 142-unit “100% affordable” multifamily project located at 610 Park Road, NW, Washington, DC – part of the larger Park Morton and Bruce Monroe redevelopment plan to transform a 174-unit public housing property into a mixed-income community of nearly 500 units.
  • Lion Electric Announces North American Agreement with Mitsubishi HC Capital Canada and ENGS Commercial Finance Co. to Provide Financing
    February 13, 2023
    The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium- and heavy-duty vehicles, today announced that the Company has entered into an agreement with Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, and its related company, ENGS Commercial Finance Co, to provide financing solutions to Lion school bus and truck customers in the United States and Canada through LionCapital Solutions' vehicle financing program.
  • Casella Waste Systems, Inc. Introduces Sustainability-Linked Credit Facility
    February 13, 2023
    Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling, and resource management services company, today announced an amendment to its existing $650 million credit facility that links borrowing costs to progress in achieving certain annual sustainability goals.
  • Potbelly Corporation Announces Replacement of Short-Term Revolver with $25 Million Five-Year Term Loan
    February 13, 2023
    Potbelly Corporation (NASDAQ: PBPB) (“Potbelly” or the “Company”), the iconic neighborhood sandwich shop, today announced it closed on a new $25 million senior secured term loan (the “Facility”) that matures on February 7, 2028, led by Sagard.
  • Altisource Announces Execution of an Amendment of the Company’s Term Loans and Revolving Credit Agreement
    February 13, 2023
    Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it executed an amendment to the Company’s term loans on February 9, 2023 (the “Term Loan Amendment") which the parties anticipate will close on February 14, 2023. The Term Loan Amendment, among other things, extends the maturity date to April 2025 with an option to extend to April 2026, subject to certain prepayment and other terms and conditions.
  • Abacus Finance Provides Senior Debt Financing to Support the Leveraged Buyout of Sabai Group, LLC by Thompson Street Capital Partners
    February 13, 2023
    Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of lower middle-market companies – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Sole Lender for senior secured credit facilities to support the leveraged buyout of Sabai Group, LLC by Thompson Street Capital Partners. Additionally, Abacus made an equity co-investment in Sabai Group, LLC.
  • FTI Consulting Strengthens Retail & Consumer Products Practice with Appointment of Kurt Staelens
    February 13, 2023
    FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Kurt Staelens as a Senior Managing Director in the Retail & Consumer Products practice within the firm’s Corporate Finance & Restructuring segment. Mr. Staelens, who is based in Chicago, joins FTI Consulting with more than 30 years of experience in the retail space, focusing on digital commerce, store-based fulfillment, localized merchandising and personalized marketing for iconic U.S. and global retail brands.
  • Getzler Henrich & Associates Names Mark D. Podgainy Leader of Commercial Real Estate and Hospitality Practice
    February 13, 2023
    Mark Podgainy has been named the Commercial Real Estate and Hospitality Practice Leader of Getzler Henrich & Associates LLC, one of the nation's oldest and respected middle-market corporate restructurings and operations improvement firms.
  • TD and First Horizon Extend Outside Date of Proposed Transaction to May 27, 2023
    February 13, 2023
    TD Bank Group ("TD") (TSX: TD) and (NYSE: TD) and First Horizon Corporation ("First Horizon") (NYSE: FHN) today announced that they have mutually agreed to extend the outside date of their proposed transaction from February 27 to May 27, 2023, in accordance with the terms of the merger agreement.
  • Runway Growth Capital Announces a Senior Secured Term Loan of $50 Million to Madison Reed
    February 13, 2023
    Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, today announced the close of a senior secured term loan commitment of $50 million to Madison Reed, a digitally enabled omni-channel prestige hair color company predominantly focused on women.
  • CIBC Innovation Banking Announces Growth Capital Facility for Beauceron Security
    February 13, 2023
    CIBC Innovation Banking is pleased to announce a growth capital facility for Fredericton-based Beauceron Security Inc. (“Beauceron Security”), a cybersecurity SaaS platform that helps businesses of all sizes manage and monitor for cyber risks. Beauceron Security plans to leverage the growth capital facility to continue building new features and products to further assist businesses in reducing their vulnerability to human-centric cyber risks.
  • Bridge Bank’s Corporate Banking Group Welcomes Nam Nguyen
    February 13, 2023
    -Bridge Bank today announced the addition of Nam Nguyen as vice president and relationship manager in the Corporate Banking Group. Nguyen will be based in Bridge Bank’s East Bay Loan Production office, located in Pleasanton, California. He will be responsible for managing loan and financing activity for a broad portfolio of complex middle-market companies.
  • Premier Brands Group Successfully Upsizes ABL and Extends Term Loan with Unanimous Lender Consent
    February 9, 2023
    remier Brands Group (the "Company") today announced that it has successfully completed a refinancing and upsizing of its asset-based revolving credit facility and amendment and extension of its term loan credit facility. The refinancing increased capacity under the Company's asset-based credit facility to $255 million and provided Premier Brands Group with approximately $50 million of incremental liquidity, and has a maturity in 2026.
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