• Winston & Strawn Advises Affiliates of ProFrac Holding Corp.
    December 6, 2022
    Winston & Strawn advised affiliates of ProFrac Holding Corp. (NASDAQ: ACDC) (ProFrac) in its entry into a definitive agreement to acquire the Eagle Ford sand mining operations of Monarch Silica, LLC. The transaction is expected to close by the end of 2022.
  • Gibraltar Supports Acquisition and Growth for Pharmaceutical Distributor with $25MM ABL
    December 6, 2022
    Once again, Gibraltar's ability to move swiftly, structure creative financing terms and leverage long-standing relationships resulted in a successful financing partnership. When Prodigy Health, a national drug distributor, was in the process of acquiring Mockingbird Pharma and Cochran Pharmaceutical, Gibraltar was presented with the opportunity to provide a senior working capital facility to support the acquisition and future growth of the newly formed combined entity.
  • Lazard Names Ronald Temple as Chief Market Strategist
    December 6, 2022
    Lazard Ltd (NYSE: LAZ) today announced that Ronald Temple has been named Chief Market Strategist, effective immediately. In this newly created role, Mr. Temple will serve as a market strategist and thought leader to Lazard’s Asset Management and Financial Advisory businesses and will work closely with the firm’s new Geopolitical Advisory group. He will continue to provide macroeconomic and market perspectives t
  • Lendscape Launches new Advisory Board
    December 6, 2022
    Lendscape, the world’s leading technology provider for all forms of secured business finance, today announced the launch of a new Advisory Board. The formation of the Advisory Board will give Lendscape access to a team of highly respected business leaders, with deep financial sector knowledge and a track record of advising established and high-growth businesses.
  • Porter Capital Corporation Continues Sales Team Growth
    December 6, 2022
    Porter Capital Corporation, a leading provider of working capital solutions, is pleased to announce the addition of Karen Small to the Porter Capital sales team. Karen Small, Senior Vice President, Business Development Officer, Porter Capital Corporation: Small has over 30 years of experience in financial services, with 18 of those years exclusively focused on business funding.
  • LBC Credit Partners Supports Comvest Partners’ Investment in GAI Consultants Inc.
    December 6, 2022
    LBC Credit Partners (“LBC”), one of the leading providers of financing solutions to middle market companies, provided senior secured credit facilities to support Comvest Partners’ (“Comvest”) investment in GAI Consultants Inc., (“GAI”) in partnership with the leadership team and existing employee-owners. LBC served as Administrative Agent, Sole Lead Arranger and Lender for the senior secured credit facilities.
  • Monroe Capital Supports Protos Security’s Add-on Acquisitions
    December 6, 2022
    Monroe Capital LLC announced it acted as administrative agent and sole lead arranger on the funding of a senior credit facility to support the add-on acquisitions of Blue Star Security (“Blue Star”), ControlByNet, and MG Security Services, by Protos Security (“Protos”), an existing portfolio company of Southfield Capital.
  • Endodontic Practice Partners Secures $100 Million Debt Facility From Twin Brook Capital Partners
    December 5, 2022
    Endodontic Practice Partners (EPP), a Nashville-based specialty partnership organization, announces the securing of an additional debt facility to expand its growing partnership of endodontic practices. The transaction, which closed on November 2, with Twin Brook Capital Partners ("Twin Brook") and sponsored by RC Capital, raised an additional $100 million of committed debt financing to continue the growth of EPP.
  • InterNex Capital Provides $500,000 Line of Credit to Professional Services Firm
    December 5, 2022
    InterNex Capital provided a $500,000 line of credit to a management consulting and facility Support Services company specializing in nuclear science and disaster recovery. The 5-year-old company required a lending partner to capitalize on the surge of nuclear energy projects in the market.
  • FitLife Brands to Acquire Mimi’s Rock Corp.
    December 5, 2022
    FitLife Brands, Inc. (“FitLife” or the “Company”) (OTCPK: FTLF), a provider of innovative and proprietary nutritional supplements for health-conscious consumers, announced that it has entered into definitive documentation to acquire all of the issued and outstanding common shares of Mimi’s Rock Corp. (“Mimi’s Rock” or “MRC”) (TSXV: MIMI, OTCQB: MIMNF), subject to customary closing conditions. FitLife plans to fund the consideration, the transaction costs, and the working capital investment using a combination of cash on hand and a new, committed term loan not to exceed $12.5 million to be provided by First Citizens Bank. In addition, in conjunction with the closing of the Arrangement, the Company intends to enter into a new upsized, undrawn $3.5 million revolving line of credit, which facility has already been approved by First Citizens Bank.
  • SEC Regional Director David Peavler Joins Jones Day as Partner in Securities Litigation & SEC Enforcement Practice
    December 5, 2022
    The global law firm Jones Day announced today that David Peavler, Director of the U.S. Securities and Exchange Commission (SEC)’s Fort Worth Regional Office, will join Jones Day as a partner in its Securities Litigation & SEC Enforcement Practice based in the Firm’s Dallas and Washington Offices. Mr. Peavler served for the last three years as Regional Director for the SEC office that covers Texas, Oklahoma, Arkansas and Kansas.
  • Celtic Capital Corporation Announces the Acquisition of Three Equipment-Only loans
    December 5, 2022
    Celtic Capital Corporation today announced the acquisition of three Equipment-Only loans from an Illinois-based equipment lender who decided to exit the business. The three loans (totaling $1,227,370 are located in Florida, Wisconsin and Washington, and are in the food packaging, food products and laminated millwork businesses.
  • Robbins Huddleston to Co-lead CohnReznick’s Manufacturing & Distribution Practice
    December 5, 2022
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Helana Robbins Huddleston is joining Henrietta Fuchs as co-leader of the firm’s Manufacturing & Distribution practice. Together, they will help to drive practice growth and address the expanding needs of clients.
  • CIT Northbridge Credit Provides $27.78 Million Credit Facility to Applied Optoelectronics
    December 5, 2022
    CIT, a division of First Citizens Bank, today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as agent on a $27.78 million credit facility for Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic networking products.
  • ZCG Consulting Appoints Francesco Meloni as Partner and Head of Strategic Finance
    December 5, 2022
    ZCG Consulting (“ZCGC”), the business consulting platform of ZCG and a results‐oriented management consulting firm for middle market businesses, today announced the hiring of Francesco Meloni as Partner and Head of Strategic Finance.
  • Corporate Advisory Firm M3 Partners Adds Operational Finance Expert Kunal S. Kamlani As Senior Managing Director
    December 5, 2022
    M3 Partners, LP, ("M3") a leading independent corporate advisory firm, today announced that Kunal S. Kamlani has joined the firm's team of advisory, restructuring, turnaround and performance improvement veterans as Senior Managing Director, effective immediately. Mr. Kamlani brings deep operational expertise, and has led companies across key verticals including financial services, global leisure & hospitality, retail, real estate, and home services.
  • EPI Health, a Novan Company, Executes a $15.0 Million Financing Agreement
    December 5, 2022
    Novan, Inc. (“the Company” or “Novan”) (Nasdaq: NOVN), today announced that EPI Health, LLC, a fully consolidated subsidiary of the Company, has signed an accounts receivable-backed factoring agreement, to support its operations, with Bay View Funding, a wholly owned subsidiary of Heritage Bank of Commerce (Nasdaq: HTBK).
  • Wilmington Trust Announces 5 Key Hires to CLO Trustee & Loan Administration Division
    December 5, 2022
    Wilmington Trust, the leader in corporate, institutional, and global capital market services, today announced five new team members have joined the CLO division – Ann Cung, Jeremy Edmiston, Jack Lindsay, Ana Perkovic and Wolf Thiele. This marks 22 hires thus far in 2022, as the division continues its commitment to attracting top talent to service the thriving CLO marketplace and growing Wilmington Trust client base. They will report directly to Richard Britt, CLO Product Division Leader.
  • EVERTEC Announces Refinancing of Credit Facilities
    December 5, 2022
    EVERTEC, Inc. (NYSE: EVTC) (“EVERTEC” or the “Company”) today announced that the Company successfully refinanced its existing credit facilities on December 1, 2022. The new credit facilities consist of an expanded $200 million revolving credit facility and a $415 million term loan A, both of which are due on December 1, 2027. Proceeds from the new term loan and a $50 million draw on the revolving credit facility were used to repay in full the Company’s existing term loan A and term loan B.
  • BMO Completes Acquisition of Radicle Group Inc.
    December 5, 2022
    Bank of Montreal (BMO) (NYSE: BMO) (TSX: BMO) announced today it has completed the acquisition of Radicle Group Inc., a Calgary-based leader in sustainability advisory services and market-based solutions, and technology-driven emissions measurement and management. Radicle's management team and staff will join BMO Capital Markets' Global Markets group, effective immediately.
  • Winston & Strawn Advises Affiliates of ProFrac Holding Corp.
    December 6, 2022
    Winston & Strawn advised affiliates of ProFrac Holding Corp. (NASDAQ: ACDC) (ProFrac) in its entry into a definitive agreement to acquire the Eagle Ford sand mining operations of Monarch Silica, LLC. The transaction is expected to close by the end of 2022.
  • Gibraltar Supports Acquisition and Growth for Pharmaceutical Distributor with $25MM ABL
    December 6, 2022
    Once again, Gibraltar's ability to move swiftly, structure creative financing terms and leverage long-standing relationships resulted in a successful financing partnership. When Prodigy Health, a national drug distributor, was in the process of acquiring Mockingbird Pharma and Cochran Pharmaceutical, Gibraltar was presented with the opportunity to provide a senior working capital facility to support the acquisition and future growth of the newly formed combined entity.
  • Lazard Names Ronald Temple as Chief Market Strategist
    December 6, 2022
    Lazard Ltd (NYSE: LAZ) today announced that Ronald Temple has been named Chief Market Strategist, effective immediately. In this newly created role, Mr. Temple will serve as a market strategist and thought leader to Lazard’s Asset Management and Financial Advisory businesses and will work closely with the firm’s new Geopolitical Advisory group. He will continue to provide macroeconomic and market perspectives t
  • Lendscape Launches new Advisory Board
    December 6, 2022
    Lendscape, the world’s leading technology provider for all forms of secured business finance, today announced the launch of a new Advisory Board. The formation of the Advisory Board will give Lendscape access to a team of highly respected business leaders, with deep financial sector knowledge and a track record of advising established and high-growth businesses.
  • Porter Capital Corporation Continues Sales Team Growth
    December 6, 2022
    Porter Capital Corporation, a leading provider of working capital solutions, is pleased to announce the addition of Karen Small to the Porter Capital sales team. Karen Small, Senior Vice President, Business Development Officer, Porter Capital Corporation: Small has over 30 years of experience in financial services, with 18 of those years exclusively focused on business funding.
  • LBC Credit Partners Supports Comvest Partners’ Investment in GAI Consultants Inc.
    December 6, 2022
    LBC Credit Partners (“LBC”), one of the leading providers of financing solutions to middle market companies, provided senior secured credit facilities to support Comvest Partners’ (“Comvest”) investment in GAI Consultants Inc., (“GAI”) in partnership with the leadership team and existing employee-owners. LBC served as Administrative Agent, Sole Lead Arranger and Lender for the senior secured credit facilities.
  • Monroe Capital Supports Protos Security’s Add-on Acquisitions
    December 6, 2022
    Monroe Capital LLC announced it acted as administrative agent and sole lead arranger on the funding of a senior credit facility to support the add-on acquisitions of Blue Star Security (“Blue Star”), ControlByNet, and MG Security Services, by Protos Security (“Protos”), an existing portfolio company of Southfield Capital.
  • Endodontic Practice Partners Secures $100 Million Debt Facility From Twin Brook Capital Partners
    December 5, 2022
    Endodontic Practice Partners (EPP), a Nashville-based specialty partnership organization, announces the securing of an additional debt facility to expand its growing partnership of endodontic practices. The transaction, which closed on November 2, with Twin Brook Capital Partners ("Twin Brook") and sponsored by RC Capital, raised an additional $100 million of committed debt financing to continue the growth of EPP.
  • InterNex Capital Provides $500,000 Line of Credit to Professional Services Firm
    December 5, 2022
    InterNex Capital provided a $500,000 line of credit to a management consulting and facility Support Services company specializing in nuclear science and disaster recovery. The 5-year-old company required a lending partner to capitalize on the surge of nuclear energy projects in the market.
  • FitLife Brands to Acquire Mimi’s Rock Corp.
    December 5, 2022
    FitLife Brands, Inc. (“FitLife” or the “Company”) (OTCPK: FTLF), a provider of innovative and proprietary nutritional supplements for health-conscious consumers, announced that it has entered into definitive documentation to acquire all of the issued and outstanding common shares of Mimi’s Rock Corp. (“Mimi’s Rock” or “MRC”) (TSXV: MIMI, OTCQB: MIMNF), subject to customary closing conditions. FitLife plans to fund the consideration, the transaction costs, and the working capital investment using a combination of cash on hand and a new, committed term loan not to exceed $12.5 million to be provided by First Citizens Bank. In addition, in conjunction with the closing of the Arrangement, the Company intends to enter into a new upsized, undrawn $3.5 million revolving line of credit, which facility has already been approved by First Citizens Bank.
  • SEC Regional Director David Peavler Joins Jones Day as Partner in Securities Litigation & SEC Enforcement Practice
    December 5, 2022
    The global law firm Jones Day announced today that David Peavler, Director of the U.S. Securities and Exchange Commission (SEC)’s Fort Worth Regional Office, will join Jones Day as a partner in its Securities Litigation & SEC Enforcement Practice based in the Firm’s Dallas and Washington Offices. Mr. Peavler served for the last three years as Regional Director for the SEC office that covers Texas, Oklahoma, Arkansas and Kansas.
  • Celtic Capital Corporation Announces the Acquisition of Three Equipment-Only loans
    December 5, 2022
    Celtic Capital Corporation today announced the acquisition of three Equipment-Only loans from an Illinois-based equipment lender who decided to exit the business. The three loans (totaling $1,227,370 are located in Florida, Wisconsin and Washington, and are in the food packaging, food products and laminated millwork businesses.
  • Robbins Huddleston to Co-lead CohnReznick’s Manufacturing & Distribution Practice
    December 5, 2022
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Helana Robbins Huddleston is joining Henrietta Fuchs as co-leader of the firm’s Manufacturing & Distribution practice. Together, they will help to drive practice growth and address the expanding needs of clients.
  • CIT Northbridge Credit Provides $27.78 Million Credit Facility to Applied Optoelectronics
    December 5, 2022
    CIT, a division of First Citizens Bank, today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as agent on a $27.78 million credit facility for Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic networking products.
  • ZCG Consulting Appoints Francesco Meloni as Partner and Head of Strategic Finance
    December 5, 2022
    ZCG Consulting (“ZCGC”), the business consulting platform of ZCG and a results‐oriented management consulting firm for middle market businesses, today announced the hiring of Francesco Meloni as Partner and Head of Strategic Finance.
  • Corporate Advisory Firm M3 Partners Adds Operational Finance Expert Kunal S. Kamlani As Senior Managing Director
    December 5, 2022
    M3 Partners, LP, ("M3") a leading independent corporate advisory firm, today announced that Kunal S. Kamlani has joined the firm's team of advisory, restructuring, turnaround and performance improvement veterans as Senior Managing Director, effective immediately. Mr. Kamlani brings deep operational expertise, and has led companies across key verticals including financial services, global leisure & hospitality, retail, real estate, and home services.
  • EPI Health, a Novan Company, Executes a $15.0 Million Financing Agreement
    December 5, 2022
    Novan, Inc. (“the Company” or “Novan”) (Nasdaq: NOVN), today announced that EPI Health, LLC, a fully consolidated subsidiary of the Company, has signed an accounts receivable-backed factoring agreement, to support its operations, with Bay View Funding, a wholly owned subsidiary of Heritage Bank of Commerce (Nasdaq: HTBK).
  • Wilmington Trust Announces 5 Key Hires to CLO Trustee & Loan Administration Division
    December 5, 2022
    Wilmington Trust, the leader in corporate, institutional, and global capital market services, today announced five new team members have joined the CLO division – Ann Cung, Jeremy Edmiston, Jack Lindsay, Ana Perkovic and Wolf Thiele. This marks 22 hires thus far in 2022, as the division continues its commitment to attracting top talent to service the thriving CLO marketplace and growing Wilmington Trust client base. They will report directly to Richard Britt, CLO Product Division Leader.
  • EVERTEC Announces Refinancing of Credit Facilities
    December 5, 2022
    EVERTEC, Inc. (NYSE: EVTC) (“EVERTEC” or the “Company”) today announced that the Company successfully refinanced its existing credit facilities on December 1, 2022. The new credit facilities consist of an expanded $200 million revolving credit facility and a $415 million term loan A, both of which are due on December 1, 2027. Proceeds from the new term loan and a $50 million draw on the revolving credit facility were used to repay in full the Company’s existing term loan A and term loan B.
  • BMO Completes Acquisition of Radicle Group Inc.
    December 5, 2022
    Bank of Montreal (BMO) (NYSE: BMO) (TSX: BMO) announced today it has completed the acquisition of Radicle Group Inc., a Calgary-based leader in sustainability advisory services and market-based solutions, and technology-driven emissions measurement and management. Radicle's management team and staff will join BMO Capital Markets' Global Markets group, effective immediately.