• Snowden Lane Partners, Estancia Capital Partners Secure Extended $50 Million Credit Facility
    June 7, 2022
    -Snowden Lane Partners, an independent, advisor-owned, wealth advisory firm dedicated to providing client-focused advice in a values-driven culture, and one of the fastest-growing RIAs in the category, together with Snowden Lane’s majority investor, Estancia Capital Partners (“Estancia”), today announced that Snowden Lane secured an expanded $50 million credit facility from ORIX Corporation (“Orix”).
  • HireRight Upsizes Revolving Credit Facility to $145 Million
    June 7, 2022
    HireRight Holdings (NYSE: HRT), amended and upsized its revolving credit facility (the “Revolving Facility”), increasing the committed line under the Revolving Facility to $145 million, effective June 3, 2022.
  • TradeCap Partners Assists Consumer Packaged Goods Company’s Expansion with $1.75mm Purchase Order Finance Facility
    June 7, 2022
    TradeCap Partners closed a $1.75mm purchase order finance facility for a growing, better for you, consumer packaged goods company to support their expansion with Costco. After a successful regional launch, Costco issued orders for additional doors in new regions. The Company was in the midst of due diligence with an ABL lender but order delivery dates required an immediate bridge to get goods produced and shipped before the ABL could close.
  • Winston & Strawn Represents the Underwriter in Connection with Prime Number Acquisition I Corp.
    June 7, 2022
    Winston & Strawn represented the underwriter in connection with Prime Number Acquisition I Corp. (the "Company"), a newly organized blank check company incorporated as a Delaware corporation and led by Chairman and Chief Executive Officer, Dongfeng Wang, in the closing of its previously announced initial public offering of 6,450,000 units at an offering price of $10.00 per unit, which includes 450,000 units issued pursuant to the partial exercise of the underwriter's over-allotment option, for aggregate gross proceeds to the Company of $64,500,000.
  • CIT Adds Ted Dalton to Real Estate Finance Team
    June 7, 2022
    CIT, a division of First Citizens Bank, has added seasoned real estate pro Ted Dalton as a Managing Director in its Real Estate Finance group. Dalton is based in New York and will operate as a senior relationship manager driving new business development offering construction, bridge and permanent loan solutions.
  • Rosenthal Provides $1.75 Million Purchase Order Financing Facility to New York-Based High-Security Printing and Technology Company
    June 7, 2022
    Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of a recent $1.75 million purchase order financing facility to support a high-security printing and technology company working with the U.S. government.
  • LBC Credit Partners Supports the Acquisition of ATCO Industries, Inc.
    June 7, 2022
    LBC Credit Partners (“LBC”), one of the leading providers of financing solutions to middle market companies, provided a senior secured credit facility to Aterian Investment Partners (“Aterian”) to support the acquisition of ATCO Industries, Inc. (“ATCO” or the “Company”).
  • LSQ Creates $1.5MM Credit Facility, AR Management Program for Woman-Owned Auto Parts Manufacturer and Supply-Chain Management Firm
    June 7, 2022
    LSQ, a leading provider of working capital finance and payments solutions, recently originated a $1.5 million credit facility for a woman-owned industrial auto parts manufacturer and supply-chain management company. The company will use the additional capital to expand their operations.
  • Titan Mining Closes $40M Credit Facility From National Bank Consolidating Prior Loans
    June 7, 2022
    Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) is pleased to announce the closing of a revolving credit facility with National Bank of Canada (“National Bank”) for US$40 million (the “Credit Facility”). In addition to the Credit Facility, National Bank has provided the Company with an up to US$15 million treasury line enabling additional access to funds for future zinc contract commitments.
  • Stellus Capital Management, LLC Provides Unitranche Financing in Support of Aterian Investment Partners’ Acquisition of ATCO Industries, Inc.
    June 7, 2022
    -Stellus Capital Management, LLC (“Stellus”), a leader in middle market direct lending, announced today that its affiliates provided senior debt financing in support of Aterian Investment Partners’ (“Aterian”) acquisition of ATCO Industries, Inc. (“ATCO” or the “Company”). Founded in 1980 and headquartered in Sterling Heights, MI, ATCO is a leading provider of tech-enabled testing, measurement, and quality containment services, primarily to the North American automotive market.
  • American Homes 4 Rent and Värde Partners Enter Into $500 Million Land Banking Facility Agreement
    June 7, 2022
    American Homes 4 Rent (NYSE: AMH) (the "Company"), a leading provider of high-quality single-family homes for rent, and Värde Partners, a leading global alternative investment firm, today announced that they have entered into a land banking facility agreement. This facility provides $500 million in initial capacity to acquire and develop new land opportunities as part of American Homes 4 Rent's internal development platform.
  • Houlihan Lokey Hires Howard Steinberg to Lead Its Global Tax Restructuring Practice
    June 7, 2022
    Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that Howard Steinberg has joined the firm as a Managing Director and Global Head of Tax Restructuring within its Financial and Valuation Advisory business. He is based in New York.
  • Stifel Expands Municipal Securities Group
    June 7, 2022
    Stifel Financial Corp. (NYSE: SF) today announced several key hires within its Municipal Securities Group. John McShane, Edward Murray, Joseph Muscatello, and Michael Wolf join the firm’s top ranked Public Finance department as Managing Directors. Additionally, Rachel Perlman, Craig Burdulis, and Maryanne Kelly join the firm’s Municipal Capital Markets practice.
  • Victory Park Capital Bolsters Legal Finance Team with Additions of Chad Clamage and Ahmed Eltamami
    June 7, 2022
    Victory Park Capital (“VPC”), a leading global alternative investment firm, today announced the additions of Chad Clamage, Principal, and Ahmed Eltamami, Vice President, to the firm’s investment team. Clamage and Eltamami are primarily responsible for sourcing, analyzing, executing and managing investments within legal finance.
  • CIBC Innovation Banking Expands Denver Team, Adds to Management and Coverage Ranks
    June 7, 2022
    CIBC Innovation Banking is pleased to announce today that Ron Singh is joining the team as a Managing Director in CIBC Innovation Banking’s Denver office. With over 20 years of industry experience with business development, deal structuring, and team leadership, Ron brings his range of talents to CIBC Innovation Banking at an important juncture in the group’s continued evolution as it supports the growth ambitions of hundreds of existing and emerging startups in the area.
  • Bridge Investment Group Closes on $150 Million of Senior Notes and Refinanced Its Senior Secured Credit Facility
    June 6, 2022
    Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced that it closed on $150 million of senior notes and refinanced its existing Senior Secured Credit Facility (“Credit Facility”), increasing it from $75 million to $125 million.
  • Archaea Obtains Binding Commitments from Five Financial Institutions for Incremental Term Loan and Revolving Credit Facility Capacity
    June 6, 2022
    Among the financial institutions making binding commitments, Comerica Bank (through its Renewable Energy Solutions group) will act as Administrative Agent. Comerica Bank, Citizens Bank, N.A., Bank of Montreal, Chicago Branch, and JPMorgan Chase Bank, N.A. will act as joint lead arrangers and joint bookrunners. Additionally, Citigroup Global Markets Inc. (“CGMI”), on behalf of CGMI, Citibank, N.A., Citicorp North America, Inc., and their affiliates will act as a co-syndication agent.
  • Edge Total Intelligence Inc. Enters into US$1,000,000 Credit Agreement
    June 6, 2022
    Edge Total Intelligence Inc. (TSXV: CTRL/ FSE:Q5i) (“edgeTI”, “We”, “Our” or the “Company”), a leader in real-time digital operations solutions, announces that edgeTI’s independent directors have approved a credit letter agreement (the “Credit Agreement”) with Lotus Domaine III, L.P. (“Lotus”, or “Lender”), an investment fund managed by a director of the Company.
  • Matrix Announces the Successful Sale Of Quarles Petroleum, Inc.’s Propane And Refined Fuels Distribution Business
    June 6, 2022
    Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces the successful closing on the sale of the propane and refined products distribution business of Quarles Petroleum, Inc. (“Quarles” or the “Company”) to Superior Plus Energy Services, Inc., a subsidiary of Superior Plus Corp. (“Superior”).
  • Wintrust Receivables Finance Closes $4,000,000 Line of Credit for a Fast-growing VC-backed Logistics Company
    June 6, 2022
    Wintrust Receivables Finance (WRF) is happy to announce the closing of a new $4,000,000 account receivable line of credit for a Southwestern-based logistics company. The company was founded over two years ago by highly respected veterans of the freight tech industry, generating a modest amount of revenue while they developed their proprietary technology platform.
  • Snowden Lane Partners, Estancia Capital Partners Secure Extended $50 Million Credit Facility
    June 7, 2022
    -Snowden Lane Partners, an independent, advisor-owned, wealth advisory firm dedicated to providing client-focused advice in a values-driven culture, and one of the fastest-growing RIAs in the category, together with Snowden Lane’s majority investor, Estancia Capital Partners (“Estancia”), today announced that Snowden Lane secured an expanded $50 million credit facility from ORIX Corporation (“Orix”).
  • HireRight Upsizes Revolving Credit Facility to $145 Million
    June 7, 2022
    HireRight Holdings (NYSE: HRT), amended and upsized its revolving credit facility (the “Revolving Facility”), increasing the committed line under the Revolving Facility to $145 million, effective June 3, 2022.
  • TradeCap Partners Assists Consumer Packaged Goods Company’s Expansion with $1.75mm Purchase Order Finance Facility
    June 7, 2022
    TradeCap Partners closed a $1.75mm purchase order finance facility for a growing, better for you, consumer packaged goods company to support their expansion with Costco. After a successful regional launch, Costco issued orders for additional doors in new regions. The Company was in the midst of due diligence with an ABL lender but order delivery dates required an immediate bridge to get goods produced and shipped before the ABL could close.
  • Winston & Strawn Represents the Underwriter in Connection with Prime Number Acquisition I Corp.
    June 7, 2022
    Winston & Strawn represented the underwriter in connection with Prime Number Acquisition I Corp. (the "Company"), a newly organized blank check company incorporated as a Delaware corporation and led by Chairman and Chief Executive Officer, Dongfeng Wang, in the closing of its previously announced initial public offering of 6,450,000 units at an offering price of $10.00 per unit, which includes 450,000 units issued pursuant to the partial exercise of the underwriter's over-allotment option, for aggregate gross proceeds to the Company of $64,500,000.
  • CIT Adds Ted Dalton to Real Estate Finance Team
    June 7, 2022
    CIT, a division of First Citizens Bank, has added seasoned real estate pro Ted Dalton as a Managing Director in its Real Estate Finance group. Dalton is based in New York and will operate as a senior relationship manager driving new business development offering construction, bridge and permanent loan solutions.
  • Rosenthal Provides $1.75 Million Purchase Order Financing Facility to New York-Based High-Security Printing and Technology Company
    June 7, 2022
    Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of a recent $1.75 million purchase order financing facility to support a high-security printing and technology company working with the U.S. government.
  • LBC Credit Partners Supports the Acquisition of ATCO Industries, Inc.
    June 7, 2022
    LBC Credit Partners (“LBC”), one of the leading providers of financing solutions to middle market companies, provided a senior secured credit facility to Aterian Investment Partners (“Aterian”) to support the acquisition of ATCO Industries, Inc. (“ATCO” or the “Company”).
  • LSQ Creates $1.5MM Credit Facility, AR Management Program for Woman-Owned Auto Parts Manufacturer and Supply-Chain Management Firm
    June 7, 2022
    LSQ, a leading provider of working capital finance and payments solutions, recently originated a $1.5 million credit facility for a woman-owned industrial auto parts manufacturer and supply-chain management company. The company will use the additional capital to expand their operations.
  • Titan Mining Closes $40M Credit Facility From National Bank Consolidating Prior Loans
    June 7, 2022
    Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) is pleased to announce the closing of a revolving credit facility with National Bank of Canada (“National Bank”) for US$40 million (the “Credit Facility”). In addition to the Credit Facility, National Bank has provided the Company with an up to US$15 million treasury line enabling additional access to funds for future zinc contract commitments.
  • Stellus Capital Management, LLC Provides Unitranche Financing in Support of Aterian Investment Partners’ Acquisition of ATCO Industries, Inc.
    June 7, 2022
    -Stellus Capital Management, LLC (“Stellus”), a leader in middle market direct lending, announced today that its affiliates provided senior debt financing in support of Aterian Investment Partners’ (“Aterian”) acquisition of ATCO Industries, Inc. (“ATCO” or the “Company”). Founded in 1980 and headquartered in Sterling Heights, MI, ATCO is a leading provider of tech-enabled testing, measurement, and quality containment services, primarily to the North American automotive market.
  • American Homes 4 Rent and Värde Partners Enter Into $500 Million Land Banking Facility Agreement
    June 7, 2022
    American Homes 4 Rent (NYSE: AMH) (the "Company"), a leading provider of high-quality single-family homes for rent, and Värde Partners, a leading global alternative investment firm, today announced that they have entered into a land banking facility agreement. This facility provides $500 million in initial capacity to acquire and develop new land opportunities as part of American Homes 4 Rent's internal development platform.
  • Houlihan Lokey Hires Howard Steinberg to Lead Its Global Tax Restructuring Practice
    June 7, 2022
    Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that Howard Steinberg has joined the firm as a Managing Director and Global Head of Tax Restructuring within its Financial and Valuation Advisory business. He is based in New York.
  • Stifel Expands Municipal Securities Group
    June 7, 2022
    Stifel Financial Corp. (NYSE: SF) today announced several key hires within its Municipal Securities Group. John McShane, Edward Murray, Joseph Muscatello, and Michael Wolf join the firm’s top ranked Public Finance department as Managing Directors. Additionally, Rachel Perlman, Craig Burdulis, and Maryanne Kelly join the firm’s Municipal Capital Markets practice.
  • Victory Park Capital Bolsters Legal Finance Team with Additions of Chad Clamage and Ahmed Eltamami
    June 7, 2022
    Victory Park Capital (“VPC”), a leading global alternative investment firm, today announced the additions of Chad Clamage, Principal, and Ahmed Eltamami, Vice President, to the firm’s investment team. Clamage and Eltamami are primarily responsible for sourcing, analyzing, executing and managing investments within legal finance.
  • CIBC Innovation Banking Expands Denver Team, Adds to Management and Coverage Ranks
    June 7, 2022
    CIBC Innovation Banking is pleased to announce today that Ron Singh is joining the team as a Managing Director in CIBC Innovation Banking’s Denver office. With over 20 years of industry experience with business development, deal structuring, and team leadership, Ron brings his range of talents to CIBC Innovation Banking at an important juncture in the group’s continued evolution as it supports the growth ambitions of hundreds of existing and emerging startups in the area.
  • Bridge Investment Group Closes on $150 Million of Senior Notes and Refinanced Its Senior Secured Credit Facility
    June 6, 2022
    Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced that it closed on $150 million of senior notes and refinanced its existing Senior Secured Credit Facility (“Credit Facility”), increasing it from $75 million to $125 million.
  • Archaea Obtains Binding Commitments from Five Financial Institutions for Incremental Term Loan and Revolving Credit Facility Capacity
    June 6, 2022
    Among the financial institutions making binding commitments, Comerica Bank (through its Renewable Energy Solutions group) will act as Administrative Agent. Comerica Bank, Citizens Bank, N.A., Bank of Montreal, Chicago Branch, and JPMorgan Chase Bank, N.A. will act as joint lead arrangers and joint bookrunners. Additionally, Citigroup Global Markets Inc. (“CGMI”), on behalf of CGMI, Citibank, N.A., Citicorp North America, Inc., and their affiliates will act as a co-syndication agent.
  • Edge Total Intelligence Inc. Enters into US$1,000,000 Credit Agreement
    June 6, 2022
    Edge Total Intelligence Inc. (TSXV: CTRL/ FSE:Q5i) (“edgeTI”, “We”, “Our” or the “Company”), a leader in real-time digital operations solutions, announces that edgeTI’s independent directors have approved a credit letter agreement (the “Credit Agreement”) with Lotus Domaine III, L.P. (“Lotus”, or “Lender”), an investment fund managed by a director of the Company.
  • Matrix Announces the Successful Sale Of Quarles Petroleum, Inc.’s Propane And Refined Fuels Distribution Business
    June 6, 2022
    Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces the successful closing on the sale of the propane and refined products distribution business of Quarles Petroleum, Inc. (“Quarles” or the “Company”) to Superior Plus Energy Services, Inc., a subsidiary of Superior Plus Corp. (“Superior”).
  • Wintrust Receivables Finance Closes $4,000,000 Line of Credit for a Fast-growing VC-backed Logistics Company
    June 6, 2022
    Wintrust Receivables Finance (WRF) is happy to announce the closing of a new $4,000,000 account receivable line of credit for a Southwestern-based logistics company. The company was founded over two years ago by highly respected veterans of the freight tech industry, generating a modest amount of revenue while they developed their proprietary technology platform.
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