OnPoint Warranty Solutions, LLC (“OnPoint”), a rapidly growing insuretech, mobile solutions and warranty services company, today announced that it has completed a strategic transaction with a private equity vehicle managed by Waterfall Asset Management, LLC (“Waterfall”) and Atalaya Capital Management (“Atalaya”).

- Comerica Incorporated (NYSE: CMA) announced today that, effective Jan. 27, 2023, it is promoting three executive leaders to newly established positions: Peter Sefzik, Executive Vice President (EVP), Executive Director, Commercial Bank, will assume the role of Senior EVP, Chief Banking Officer; Megan Crespi, EVP, Chief Enterprise Technology and Operations Services Officer, will assume the role of Senior EVP, Chief Operating Officer; and Megan Burkhart, EVP, Chief Human Resources Officer, will assume the role of Senior EVP, Chief Administrative Officer.

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 promotions for several members of its investment team. Edward Chen becomes Managing Director, and Yifan Lai and Avisha Khubani advance to Principal. ​

APTURA Group is a 100% employee-owned team of professionals committed to providing holistic solutions to the construction process, from writing door and hardware specifications until the keys are handed over.

Capstone Partners’ Financial Advisory Services (FAS) group is pleased to announce that Matthew Hart has joined the practice as a Managing Director focused on Special Situations Investment Banking. He has more than twenty years of experience advising, financing, and investing in companies in transition, across most major industries.

Loeb continues its long history of supporting companies in transitional financial states with $6.8 million in machinery and equipment loans in Q4 of 2022. These loans will help the four businesses continue to operate smoothly by extracting working capital from their existing M&E.

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 Lead Arranger for $50 million in senior secured credit facilities to support the recapitalization of SV Labs, a portfolio company of San Francisco Equity Partners.

Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group,” “FRG” or the “Company”) today announced that it has launched a $200 million non-fungible add-on to its existing first lien term loan due in March 2026. Proceeds from the transaction are expected to be used to pay down existing debt under the Company’s ABL credit facility. JPMorgan Chase Bank, N.A. is acting as lead arranger of the financing.

AlixPartners has hired Justin MacFarlane as a partner and managing director in its global retail practice. ​ Based in New York, MacFarlane has nearly 30 years of leadership experience in consulting and as a C-suite executive at large retailers. He has expertise transforming companies for growth, leading operational improvements, and driving digital transformation initiatives.

Schulte Roth & Zabel (SRZ) advised Starboard Value LP in their recently announced $500 million strategic investment in global asset management and disposition company Ritchie Bros. Auctioneers. The investment includes the purchase of $485 million in newly issuable senior preferred shares and $15 million in common shares by Starboard.

Trust, flexibility, and deep structuring creativity were showcased in Gibraltar Business Capital (GBC)’s latest financing transaction and partnership with specialty printer, Serigraph Inc. (“Serigraph”). Based in West Bend, WI, Serigraph has a nationwide footprint, delivering custom printing solutions for a wide variety of industries, including automotive, medical, consumer goods, QSR, and many more. Their core business is built on being flexible for the needs of their customers.

Amerisource Business Capital announced the closing and funding of a $1,000,000 working capital facility for a Texas-based electronics manufacturer. The company had been a former client of Amerisource for over 20 years before moving its revolver to a commercial bank.

DailyPay, a leading financial technology company, today announced it has secured $260 million of capital to fuel growth domestically, expand internationally and further invest in product innovation. The funding is divided between revolving credit facility capacity provided by Barclays and Angelo Gordon, and new term loan funding from SVB Capital and a fund managed by Neuberger Berman.

MariMed, Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator, announced that today it closed a $35 million secured credit facility with Chicago Atlantic Advisors, LLC (“Chicago Atlantic”) as the lead lender.

TradeCap Partners, LLC (“TradeCap) is pleased to announce the recent closing of a $7 million Purchase Order Funding facility for a supplier providing new and used equipment to big box retailers located throughout the United States and Canada. TradeCap’s facility is comprised of cash payments against shipping documents and documentary bank letters of credit, securing payment to the company’s overseas suppliers for the direct cost of goods.

SR Alternative Credit, LLC (“SRAC”), formerly Old Hill Partners, today announced a $4 million investment in a micro-securitization of tenant lease contracts originated by a leading proptech company dedicated to improving the residential lease market for both landlords and tenants.

Blucora, Inc. (“Blucora” or the “Company”) (NASDAQ: BCOR) announced today that the Company and certain of its wholly-owned subsidiaries entered into a credit agreement (the “Amended and Restated Credit Agreement”), which amended and restated the Company’s existing credit agreement, dated May 22, 2017, as amended.

Armory Securities, LLC is pleased to announce that Fruit of the Earth has secured a new $30 million term loan and $60 million amended credit facility. Armory served as exclusive financial advisor and placement agent to Fruit of the Earth for the transaction. Fruit of the Earth, Inc. is the leading private label manufacturer of sun care and skin care related products to major mass market, drug and grocery retailers.

Haversine Funding announced the following recently closed transactions: $6,000,000 real estate loan participation to refinance the acquisition of an assisted living facility in the Northeast; $20,000,000 senior, lender finance line of credit to a factor and asset based lender in the Southwest including a supplemental “gap” funding line with advances up to 95% of eligible accounts and loans; $3,000,000 factoring participation to a seafood distributor on the West Coast...

FocalPoint sent the following announcement that it is now B. Riley Securities: A year ago we announced our combination with B. Riley. Today marks the culmination of the work we have put in to strategically align our businesses and create a stronger platform for our clients and our team members. While our established leadership in M&A and private capital advisory remains the same, our teams are now enhanced by a best-in-class platform, and we are thrilled to rebrand as B. Riley Securities.