Culain Capital is very pleased to announce that Mark J. Simshauser has joined our team as the Northeast Senior Vice President responsible for building and driving business development throughout the region. Mr. Simshauser has over 23 years of middle market direct lending experience with his career beginning in 1999 at FINOVA Capital, where he developed financing opportunities across the country for multiple financing groups of the parent company.

William (Bill) J. Mayer, a senior finance industry executive responsible for generating billions of dollars in growth during his 33 years at Wells Fargo and GE Capital, has joined Tiger Group as Executive Managing Director. He will focus on business development for the asset-valuation, disposition and finance firm.

Founded in 2016, Alumni Staffing LLC (“Alumni”) is based in New Jersey and focused on providing temporary physician services (locum tenens) to healthcare facilities nationwide. Alumni has consistently posted year-over-year growth since inception and is currently on pace to achieve record-high revenues and profits for 2022. Alumni desired a more robust credit facility to sustain this growth trajectory and maximize financial flexibility.

“The promotion of these new partners reflects Jones Day’s ongoing commitment to developing and advancing lawyers throughout the world who have achieved the highest level of professional accomplishment and who are devoted to advancing and protecting the interests of our clients and the institutional values of the Firm,” said Stephen J. Brogan, Managing Partner of Jones Day.

The brand is known for expertly bringing the classic American aesthetic forward with contemporary pieces across multiple product categories and styles, including men’s and women’s crew pants, shorts, henleys, sweaters and knitwear, outerwear, polos, rugby shirts, flannels, wearable accessories, bags, shoes, eyewear, and more.

When a critical-response organization mobilizes to provide support to communities impacted by a natural disaster, having the funds to make payroll and operate effectively should not be a concern. To help Jacksonville, Florida-based Critical Response Strategies, LLC (CRS) focus on the important work of providing medical staff to assist in the Hurricane Ian relief effort, LSQ recently originated a $12 million accounts receivable finance facility to provide funding for operations and payroll.

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced that it has provided $20 million of liquidity through a senior secured term loan facility to support a leading gas compression service provider located in Texas.

Redbrick LMD has secured a $142.5 million loan to finance the construction of The Douglass, a 750-unit residential building at the Bridge District that includes approximately 40,000 square feet of retail and 80 affordable units. The Bridge District is a sustainable, wellness-focused neighborhood that will bring new options for living, dining, and entertainment, as well as jobs and growth opportunities for local businesses and community members in Ward 8. Citizens Bank arranged the debt financing for the project. ​

The manufacturer enlisted Tradewind to advance them the capital tied to their receivables and, in turn, secured a USD 2,300,000 credit facility. In operation since the 1960’s, the company manufactures bags for packaging, floor coverings, and apparel.

Houlihan Lokey (NYSE:HLI), the global investment bank, announced today the appointments of Matthew Hudson and Spencer Lippman as Managing Directors in the firm’s Business Services Group, bolstering its coverage of the equipment-as-a-service sector. Mr. Hudson, serving as Head of Equipment-as-a-Service, will lead a dedicated sector coverage team from a soon-to-be-established investment banking office in Baltimore. Mr. Lippman is based in the firm’s Houston office.

Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) is proud to announce that Frank A. Cavallaro will join the Company and the Bank as Senior Executive Vice President, effective October 31, 2022, and will assume the role of Chief Financial Officer on November 10, 2022.

Icertis, the contract intelligence company that pushes the boundaries of what's possible with Contract Lifecycle Management (CLM), announced it has secured $150 million in funding comprised of a revolving credit facility and convertible financing from Silicon Valley Bank.

ALX Oncology Holdings Inc., (“ALX Oncology”) (Nasdaq: ALXO) a clinical-stage immuno-oncology company developing therapies that block the CD47 checkpoint pathway, today announced it has entered into a loan facility agreement with Oxford Finance LLC and Silicon Valley Bank for up to $100 million of non-dilutive financing. The facility will support the continued development of evorpacept, a next generation CD47 blocking therapeutic.

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of AutoCruitment, LLC (“AutoCruitment”) by QHP Capital L.P., the management company for NovaQuest Private Equity.

A new Grant Thornton LLP survey of merger and acquisition (M&A) professionals finds that almost three-fourths (72%) expect deal volume to increase over the next six months, despite rising interest rates threatening access to capital and uncertainty about a potential increase in capital gains taxes. Almost two-thirds (63%) of the more than 150 respondents said pending tax legislation could have a positive impact on their deal plans.

SLR Healthcare ABL is pleased to announce that it provided financing to a remote patient monitoring service $5,000,000 asset-based revolving line of credit.

Yoshitsu Co., Ltd (“Yoshitsu” or the “Company”) (Nasdaq: TKLF), a retailer and wholesaler of Japanese beauty and health products, as well as sundry products and other products in Japan, today announced that on September 27, 2022, the Company entered into a JPY8.15 billion (approximately US$55.82 million) revolving credit facility agreement (the “Credit Agreement”) with a syndicate of Japanese banks to support the Company’s growth initiatives.

William Blair, the premier global boutique with expertise in investment banking, investment management, and private wealth management, announced today that it has expanded its investment banking team with the addition of David Hatch. Joining in Charlotte as a managing director on the supply chain and commercial services (SCCS) team, Hatch draws on a career spanning more than 15 years focused on clients across the supply chain services sector.

Jessi McMillen joined SLR Equipment Finance as Assistant Vice President - Risk. In her new role, Jessi will utilize her prior experience in credit analysis and financial services to help grow SLR Equipment Finance’s evolving financial solutions platform.

SG Stonegate Capital, a division of SG Credit Partners (“SGCP”), a family-office backed lender providing capital to lower middle market businesses and entrepreneurs, is pleased to announce the closing of a senior debt investment in Smith Teamaker, a leading U.S. brand of specialty and artisan tea products.