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Home > Chapters > Canada > News Detail
  • BankFirst Capital Corporation to Acquire Tate Financial Corporation and Sycamore Bank
    June 27, 2022
    BankFirst Capital Corporation (OTCQX:BFCC) ("BankFirst" or the "Company"), parent of BankFirst Financial Services (the "Bank"), today announced the signing of a definitive merger agreement with Tate Financial Corporation ("Tate"), the parent company of Sycamore Bank, Senatobia, Mississippi ("Sycamore Bank"), under which BankFirst will acquire Tate and Sycamore Bank.
  • Octet Recognised for Excellence in Business Lending at 2022 Fintech Australia Awards
    June 27, 2022
    Leading supply chain finance and technology provider, Octet has been named the 2022 Excellence in Business Lending winner at this year’s Fintech Australia “Finnies”. The Seventh Annual Edition of the prestigious awards celebrates the success of dynamic players in the Australian fintech industry. The Excellence in Business Lending award acknowledges that Octet has demonstrated strong financial performance and outstanding B2B lending results through its innovative finance solutions.
  • Tiger Group Reaches Major Milestones at Audio/Visual Auctions & Private Treaty Sales in First Half of 2022
    June 27, 2022
    Tiger Group’s Commercial and Industrial (C&I) Division saw a record number of sales registrants and buyers at its sales for audio/visual and movie theater assets in the first half of 2022, which played a major factor in achieving 96 percent to 99 precent sell-through rates at its auctions and private treaty sales during that timeframe.
  • MidCap Financial Provides a $70 Million Senior Secured Revolving Credit Facility to a Luxury Accessories Retailer and Digital Platform
    June 23, 2022
    MidCap Financial today announced it has provided a $70 million senior secured revolving credit facility to a luxury accessories retailer and digital platform. The MidCap credit facility refinanced the Company’s prior credit facility and will support the Company’s continued growth and working capital needs.
  • Michael Calcagni Appointed Co-Chair of Surrogate's Court Estates & Trusts Committee of the Nassau County Bar Association
    June 23, 2022
    Michael Calcagni, Counsel at Moritt Hock & Hamroff, was recently appointed to serve as Co-Chair of the Surrogate’s Court Estates & Trusts Committee of the Nassau County Bar Association, having previously served as Co-Vice Chair of the Committee.
  • Electric Vehicles Could Take 33% of Global Sales by 2028-AlixPartners
    June 23, 2022
    Electric vehicle sales could reach 33% globally by 2028 and 54% by 2035, as demand accelerates in most major markets, consultant AlixPartners said on Wednesday. EVs accounted for less than 8% of global sales last year, and just under 10% in the first quarter of 2022.
  • SilverBow Resources Announces Extension of Revolving Credit Facility and Increased Borrowing Base
    June 23, 2022
    SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or “the Company”) today announced it has received bank approval to amend its senior secured revolving credit facility (“Credit Facility”) to extend the maturity of the Credit Facility to October 2026, increase the borrowing base from $525 million to $775 million, and reduce the interest rate margin for amounts outstanding.
  • TAB Bank Provides Oilfield Chemistry and Field Services Company in Oklahoma with a $5 Million Asset-Based Credit Facility
    June 23, 2022
    TAB Bank is pleased to announce the funding of a $5 million dollar asset-based credit facility to a leading provider of oilfield chemical formulations and field services. This company delivers critical chemical formulations and fluids designed to meet the unique requirements of each site and improve the performance, longevity, and profitability of its client’s oil and gas assets.
  • Assembled Brands Announces a New Facility with Boomerang's Foods
    June 23, 2022
    Assembled Brands is pleased to announce our new partnership with Boomerang’s Foods, and we are celebrating with a new line of credit. Founded in 2006, Boomerang’s set out to change the hand-held food sector with its classic Australian meat pies.
  • Assembled Brands Announces a New $1.5MM Facility with WILDFANG
    June 23, 2022
    Assembled Brands is pleased to announce a new $1.5MM facility with apparel brand WILDFANG. The brand was founded in Portland, Oregon by Emma Mcllroy on a mission to rethink gender norms and how they show up in fashion.
  • SLR Credit Solutions Announces Promotions and New Employees
    June 23, 2022
    SLR Credit Solutions (‘SLR CS”), a leading provider of direct private credit solutions for middle market businesses, is pleased to announce the following promotions and new hires to its team. These individuals will be key contributors to the organization allowing our business to deliver innovative secured debt financings across a wide range of industries including consumer/retail, specialty finance, business services and industrials.
  • Ankura Appoints Roy Gallagher and Ben Jones as Co-Leaders of the Turnaround & Restructuring Business Group
    June 23, 2022
    Ankura Consulting, LLC ("Ankura" or the "Company"), an independent global expert services and advisory firm, announced the appointment of Roy Gallagher and Ben Jones as co-leaders of Ankura's Turnaround and Restructuring North America ("T&R") practice.
  • FinWise Bancorp Announces Appointment of Simon Darchis as Vice President, Director of Specialty Lending
    June 23, 2022
    FinWise Bancorp (NASDAQ: FINW) (“FinWise” or the “Company”), the parent company of FinWise Bank, today announced the appointment of Simon Darchis as Vice President, Director of Specialty Lending. Mr. Darchis will replace David Tilis effective immediately.
  • Houlihan Lokey Strengthens Specialty Finance Coverage Capabilities With Senior Hire David Villa Joins as a Managing Director in New York
    June 23, 2022
    Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that David Villa has joined the firm’s Financial Services Group as a Managing Director covering specialty finance companies and depositories. He is based in New York.
  • Apollo Partners With Hostplus to Launch $1.25 billion Asia Pacific Credit Strategy
    June 23, 2022
    Apollo (NYSE: APO) today announced the formation of an Asia Pacific Credit Strategy in strategic partnership with Hostplus, one of the five largest superannuation funds in Australia. The new strategy launches with US$1.25bn in assets, following an inaugural raise that includes a $500 million anchor commitment from Hostplus alongside Apollo’s internal and affiliated insurance balance sheets.
  • Stellus Capital Management Announces Key Hires
    June 23, 2022
    Stellus Capital Management, LLC (“Stellus”), a leader in middle market direct lending, today announced the hiring of Bill Haverland as Principal and Casey Carroll as Vice President, Investor Relations.
  • Capstone Partners Names Peter Nam Head of Industrial Technology Group
    June 23, 2022
    Capstone Partners, a leading middle market investment banking firm, announced today that Peter Nam, Managing Director, has been named Head of the firm's Industrial Technology Investment Banking Group (ITG). Based in Orange County, CA, Peter has been with Capstone for 15 years, focusing on advising middle market businesses that provide sensing, metrology, control, robotics, automation, photonics, optics, AI, and Industrial IoT technologies.
  • Nexstar Media Group Refinances Senior Secured Term Loans and Revolving Credit Facilities
    June 22, 2022
    Nexstar Media Group, Inc. (Nasdaq: NXST) (the “Company”) announced today that Nexstar Media Inc. (“Nexstar”), a wholly-owned subsidiary, has closed a new five-year term loan A facility in an aggregate principal amount of $2,425 million and a new five-year revolving credit facility in an aggregate principal amount of $550 million.
  • Willkie Adds Corporate Transactions Partner Tilda Shin in Los Angeles
    June 22, 2022
    Willkie Farr & Gallagher LLP today announced the addition of Tilda Shin, who has joined as a partner in the Firm’s Los Angeles office, where she will be a member of the Corporate & Financial Services Department. A corporate lawyer with a focus on transactions in numerous industries, Tilda is the eighth partner to join Willkie’s Los Angeles office this year.
  • Republic Business Credit Provides $8 Million Direct to Consumer Asset-Based Loan to Spiraledge
    June 22, 2022
    Spiraledge, a leading internet retailer and healthy living company headquartered in Campbell, CA, with offices in Cincinnati, OH, and Ho Chi Minh, Vietnam, sought a partner to leverage its internet retail and e-commerce strategy. Republic Business Credit provided a scalable, flexible and growth orientated facility to maximum availability on inventory, merchant accounts and direct to consumer proceeds.
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  • BankFirst Capital Corporation to Acquire Tate Financial Corporation and Sycamore Bank
    June 27, 2022
    BankFirst Capital Corporation (OTCQX:BFCC) ("BankFirst" or the "Company"), parent of BankFirst Financial Services (the "Bank"), today announced the signing of a definitive merger agreement with Tate Financial Corporation ("Tate"), the parent company of Sycamore Bank, Senatobia, Mississippi ("Sycamore Bank"), under which BankFirst will acquire Tate and Sycamore Bank.
  • Octet Recognised for Excellence in Business Lending at 2022 Fintech Australia Awards
    June 27, 2022
    Leading supply chain finance and technology provider, Octet has been named the 2022 Excellence in Business Lending winner at this year’s Fintech Australia “Finnies”. The Seventh Annual Edition of the prestigious awards celebrates the success of dynamic players in the Australian fintech industry. The Excellence in Business Lending award acknowledges that Octet has demonstrated strong financial performance and outstanding B2B lending results through its innovative finance solutions.
  • Tiger Group Reaches Major Milestones at Audio/Visual Auctions & Private Treaty Sales in First Half of 2022
    June 27, 2022
    Tiger Group’s Commercial and Industrial (C&I) Division saw a record number of sales registrants and buyers at its sales for audio/visual and movie theater assets in the first half of 2022, which played a major factor in achieving 96 percent to 99 precent sell-through rates at its auctions and private treaty sales during that timeframe.
  • MidCap Financial Provides a $70 Million Senior Secured Revolving Credit Facility to a Luxury Accessories Retailer and Digital Platform
    June 23, 2022
    MidCap Financial today announced it has provided a $70 million senior secured revolving credit facility to a luxury accessories retailer and digital platform. The MidCap credit facility refinanced the Company’s prior credit facility and will support the Company’s continued growth and working capital needs.
  • Michael Calcagni Appointed Co-Chair of Surrogate's Court Estates & Trusts Committee of the Nassau County Bar Association
    June 23, 2022
    Michael Calcagni, Counsel at Moritt Hock & Hamroff, was recently appointed to serve as Co-Chair of the Surrogate’s Court Estates & Trusts Committee of the Nassau County Bar Association, having previously served as Co-Vice Chair of the Committee.
  • Electric Vehicles Could Take 33% of Global Sales by 2028-AlixPartners
    June 23, 2022
    Electric vehicle sales could reach 33% globally by 2028 and 54% by 2035, as demand accelerates in most major markets, consultant AlixPartners said on Wednesday. EVs accounted for less than 8% of global sales last year, and just under 10% in the first quarter of 2022.
  • SilverBow Resources Announces Extension of Revolving Credit Facility and Increased Borrowing Base
    June 23, 2022
    SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or “the Company”) today announced it has received bank approval to amend its senior secured revolving credit facility (“Credit Facility”) to extend the maturity of the Credit Facility to October 2026, increase the borrowing base from $525 million to $775 million, and reduce the interest rate margin for amounts outstanding.
  • TAB Bank Provides Oilfield Chemistry and Field Services Company in Oklahoma with a $5 Million Asset-Based Credit Facility
    June 23, 2022
    TAB Bank is pleased to announce the funding of a $5 million dollar asset-based credit facility to a leading provider of oilfield chemical formulations and field services. This company delivers critical chemical formulations and fluids designed to meet the unique requirements of each site and improve the performance, longevity, and profitability of its client’s oil and gas assets.
  • Assembled Brands Announces a New Facility with Boomerang's Foods
    June 23, 2022
    Assembled Brands is pleased to announce our new partnership with Boomerang’s Foods, and we are celebrating with a new line of credit. Founded in 2006, Boomerang’s set out to change the hand-held food sector with its classic Australian meat pies.
  • Assembled Brands Announces a New $1.5MM Facility with WILDFANG
    June 23, 2022
    Assembled Brands is pleased to announce a new $1.5MM facility with apparel brand WILDFANG. The brand was founded in Portland, Oregon by Emma Mcllroy on a mission to rethink gender norms and how they show up in fashion.
  • SLR Credit Solutions Announces Promotions and New Employees
    June 23, 2022
    SLR Credit Solutions (‘SLR CS”), a leading provider of direct private credit solutions for middle market businesses, is pleased to announce the following promotions and new hires to its team. These individuals will be key contributors to the organization allowing our business to deliver innovative secured debt financings across a wide range of industries including consumer/retail, specialty finance, business services and industrials.
  • Ankura Appoints Roy Gallagher and Ben Jones as Co-Leaders of the Turnaround & Restructuring Business Group
    June 23, 2022
    Ankura Consulting, LLC ("Ankura" or the "Company"), an independent global expert services and advisory firm, announced the appointment of Roy Gallagher and Ben Jones as co-leaders of Ankura's Turnaround and Restructuring North America ("T&R") practice.
  • FinWise Bancorp Announces Appointment of Simon Darchis as Vice President, Director of Specialty Lending
    June 23, 2022
    FinWise Bancorp (NASDAQ: FINW) (“FinWise” or the “Company”), the parent company of FinWise Bank, today announced the appointment of Simon Darchis as Vice President, Director of Specialty Lending. Mr. Darchis will replace David Tilis effective immediately.
  • Houlihan Lokey Strengthens Specialty Finance Coverage Capabilities With Senior Hire David Villa Joins as a Managing Director in New York
    June 23, 2022
    Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that David Villa has joined the firm’s Financial Services Group as a Managing Director covering specialty finance companies and depositories. He is based in New York.
  • Apollo Partners With Hostplus to Launch $1.25 billion Asia Pacific Credit Strategy
    June 23, 2022
    Apollo (NYSE: APO) today announced the formation of an Asia Pacific Credit Strategy in strategic partnership with Hostplus, one of the five largest superannuation funds in Australia. The new strategy launches with US$1.25bn in assets, following an inaugural raise that includes a $500 million anchor commitment from Hostplus alongside Apollo’s internal and affiliated insurance balance sheets.
  • Stellus Capital Management Announces Key Hires
    June 23, 2022
    Stellus Capital Management, LLC (“Stellus”), a leader in middle market direct lending, today announced the hiring of Bill Haverland as Principal and Casey Carroll as Vice President, Investor Relations.
  • Capstone Partners Names Peter Nam Head of Industrial Technology Group
    June 23, 2022
    Capstone Partners, a leading middle market investment banking firm, announced today that Peter Nam, Managing Director, has been named Head of the firm's Industrial Technology Investment Banking Group (ITG). Based in Orange County, CA, Peter has been with Capstone for 15 years, focusing on advising middle market businesses that provide sensing, metrology, control, robotics, automation, photonics, optics, AI, and Industrial IoT technologies.
  • Nexstar Media Group Refinances Senior Secured Term Loans and Revolving Credit Facilities
    June 22, 2022
    Nexstar Media Group, Inc. (Nasdaq: NXST) (the “Company”) announced today that Nexstar Media Inc. (“Nexstar”), a wholly-owned subsidiary, has closed a new five-year term loan A facility in an aggregate principal amount of $2,425 million and a new five-year revolving credit facility in an aggregate principal amount of $550 million.
  • Willkie Adds Corporate Transactions Partner Tilda Shin in Los Angeles
    June 22, 2022
    Willkie Farr & Gallagher LLP today announced the addition of Tilda Shin, who has joined as a partner in the Firm’s Los Angeles office, where she will be a member of the Corporate & Financial Services Department. A corporate lawyer with a focus on transactions in numerous industries, Tilda is the eighth partner to join Willkie’s Los Angeles office this year.
  • Republic Business Credit Provides $8 Million Direct to Consumer Asset-Based Loan to Spiraledge
    June 22, 2022
    Spiraledge, a leading internet retailer and healthy living company headquartered in Campbell, CA, with offices in Cincinnati, OH, and Ho Chi Minh, Vietnam, sought a partner to leverage its internet retail and e-commerce strategy. Republic Business Credit provided a scalable, flexible and growth orientated facility to maximum availability on inventory, merchant accounts and direct to consumer proceeds.
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