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Origis Energy Secures $375 Million Credit Facility, led by CIT
May 6, 2022Origis Energy closed a $375 million credit facility for its solar and energy storage development project pipeline this week. This facility for the renewable energy industry bundles Letter of Credit and equipment financing to fund Origis’ clean energy assets.
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Tradewind Finance Provides $5 Million Receivables Financing for Mauritanian Clothing Company
May 6, 2022Tradewind Finance recently provided receivables financing of 5 million US dollars to a garment manufacturer from Mauritius. A diversified company with 1,200 employees, it specializes in manufacturing and finishing denim products for distribution to leading retailers worldwide, including Australia and Europe.
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William Blair Expands Financial Sponsor Offering With Private Capital Advisory
May 6, 2022William Blair, the premier global boutique with expertise in investment banking, investment management, and private wealth management, today announced the launch of its Private Capital Advisory practice. The practice expands William Blair’s robust financial sponsor advisory platform to provide financial sponsor clients with highly relevant and differentiated strategic advice and offer them fund placement, direct equity capital-raising (directs and co-invests), and secondary solutions on a global basis.
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Gridiron Capital-Backed GSM Outdoors Acquires Bill Lewis Outdoors
May 6, 2022Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce that its portfolio company, Good Sportsman Marketing Outdoors (“GSM” or the “Company”), an outdoor enthusiast platform with industry leading hunting, fishing, sport shooting, and outdoor accessories, has acquired Bill Lewis Outdoors (“Bill Lewis”).
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StepStone Closes Second Senior Corporate Lending Fund With $1.3 Billion of Capital Commitments
May 6, 2022StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm, today announced the final closing of StepStone Senior Corporate Lending II (“SCL II” or “the Fund”), raising $1.3 billion of commitments, surpassing its target of $1 billion.
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Rosenthal Provides $3.6 Million Purchase Order Financing Facility to New Jersey-Based Organic Foods Company
May 4, 2022Rosenthal & 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 $3.6 million purchase order financing facility to support a major producer of organic dried fruit and keto snacks that was experiencing rapid growth.
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SLR Healthcare ABL Provides $2 Million to Skilled Nursing Operator
May 4, 2022SLR Healthcare ABL is pleased to announce it has provided $2 million asset-based revolving line of credit a skilled nursing operator.
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First Citizens Middle Market Banking Provides Up to $50 Million for Morningstar Properties Affiliate
May 4, 2022First Citizens Bank today announced that its Middle Market Banking business provided up to $50 million as a senior secured line of credit to an affiliate of Morningstar Properties, a leading investor in and operator of self-storage facilities
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BizCap® Secures $25 Million Revolving Line of Credit for Auto Finance Solutions
May 4, 2022BizCap®, a national commercial finance and advisory firm, today announced it has successfully structured and secured $25 million in financing for Auto Finance Solutions (AFS), a leading financing source for independent used car dealerships to purchase wholesale inventory throughout the United States.
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BHI International C&I Team Provides $20 Million Financing for North Shore Components
May 4, 2022BHI, a full-service commercial bank, announced that its International Consumer & Industrial Team has provided a $20 million revolving loan for North Shore Components, Inc., a global OEM distributor of electronic computer parts, components and hardware based in Bellport, New York.
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Encore Renewable Energy secures $20 million senior loan to advance innovative clean energy solutions
May 4, 2022Encore Renewable Energy, a leading innovator in community-scale clean energy, announced today it has closed on a $20 million senior loan provided by Lacuna Sustainable Investments and Javelin Capital.
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Leumi AB, the Asset Based Lending Unit of Bank Leumi UK, Introduces New Operating Platform
May 4, 2022Leumi ABL, the Asset-Based Lending (ABL) subsidiary of Bank Leumi UK, has introduced a new operating platform on HPD Lendscape’s secured lending tech, in order to transform their invoice discounting and asset-based lending business in the United Kingdom.
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Marcum LLP and Friedman LLP Announce Plans to Merge
May 4, 2022Leading national accounting and advisory firms Marcum LLP (“Marcum”) and Friedman LLP (“Friedman”) today announced that they are in advanced discussions related to a proposed transaction in which Friedman will merge into Marcum, resulting in a national top-12 firm with approximately $1 billion in annual revenue and more than 3,400 associates.
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Triple Point Announces New £8m Revolving Credit Facility For Mll Telecom
May 4, 2022Leading investment manager Triple Point has today announced a new £8m revolving credit facility for MLL Telecom Ltd through Triple Point’s Private Credit division.
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BMO and EDC Announce Collaboration to Introduce Sustainable Finance Solutions for Canadian Businesses
May 3, 2022BMO Financial Group (BMO) and Export Development Canada (EDC) today announced an agreement to bring sustainable finance solutions to medium- and large-sized Canadian exporting businesses, to help them transition from carbon-intensive operations to those that can eliminate or significantly reduce emissions.
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Access Capital Provides $2 Million Facility for Encore Consulting Services, Inc. (“Encore”).
May 3, 2022Access Capital recently provided a $2 million facility for Encore Consulting Services, Inc. (“Encore”). The new borrower at Access Capital is a woman-owned enterprise and was founded in 2007.
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Origis Energy Secures Innovative $375 Million Credit Facility for Solar and Energy Storage Development Pipeline
May 3, 2022Origis Energy, one of America’s leading renewable energy platforms, today announced the close of a $375 million credit facility for its solar and energy storage development project pipeline.
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Blue Apron Announces $70.5 Million Planned Capital Infusion Through Debt and Equity Financings
May 3, 2022Blue Apron (NYSE: APRN) announced today two significant capitalization events. The company plans to use the proceeds to pay off its existing term loan, and for general corporate purposes to stay focused on its long-term sustainable growth plan and to continue to execute on its turnaround strategies.
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Troutman Pepper Names Delia Donahue Office Managing Partner in Princeton, New Jersey
May 3, 2022Troutman Pepper announced today that Delia Donahue, a partner in the Finance and Restructuring Practice Group, will become office managing partner (OMP) of the Princeton, NJ office, effective May 1, 2022.
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First Corporate Solutions and Decipher Credit Announce Integration Partnership
May 3, 2022First Corporate Solutions (FCS), a leader in business transaction risk management, announced today a significant new partnership with Decipher Credit, the leading automation platform for specialty commercial lenders.
-
Origis Energy Secures $375 Million Credit Facility, led by CIT
May 6, 2022Origis Energy closed a $375 million credit facility for its solar and energy storage development project pipeline this week. This facility for the renewable energy industry bundles Letter of Credit and equipment financing to fund Origis’ clean energy assets.
-
Tradewind Finance Provides $5 Million Receivables Financing for Mauritanian Clothing Company
May 6, 2022Tradewind Finance recently provided receivables financing of 5 million US dollars to a garment manufacturer from Mauritius. A diversified company with 1,200 employees, it specializes in manufacturing and finishing denim products for distribution to leading retailers worldwide, including Australia and Europe.
-
William Blair Expands Financial Sponsor Offering With Private Capital Advisory
May 6, 2022William Blair, the premier global boutique with expertise in investment banking, investment management, and private wealth management, today announced the launch of its Private Capital Advisory practice. The practice expands William Blair’s robust financial sponsor advisory platform to provide financial sponsor clients with highly relevant and differentiated strategic advice and offer them fund placement, direct equity capital-raising (directs and co-invests), and secondary solutions on a global basis.
-
Gridiron Capital-Backed GSM Outdoors Acquires Bill Lewis Outdoors
May 6, 2022Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce that its portfolio company, Good Sportsman Marketing Outdoors (“GSM” or the “Company”), an outdoor enthusiast platform with industry leading hunting, fishing, sport shooting, and outdoor accessories, has acquired Bill Lewis Outdoors (“Bill Lewis”).
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StepStone Closes Second Senior Corporate Lending Fund With $1.3 Billion of Capital Commitments
May 6, 2022StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm, today announced the final closing of StepStone Senior Corporate Lending II (“SCL II” or “the Fund”), raising $1.3 billion of commitments, surpassing its target of $1 billion.
-
Rosenthal Provides $3.6 Million Purchase Order Financing Facility to New Jersey-Based Organic Foods Company
May 4, 2022Rosenthal & 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 $3.6 million purchase order financing facility to support a major producer of organic dried fruit and keto snacks that was experiencing rapid growth.
-
SLR Healthcare ABL Provides $2 Million to Skilled Nursing Operator
May 4, 2022SLR Healthcare ABL is pleased to announce it has provided $2 million asset-based revolving line of credit a skilled nursing operator.
-
First Citizens Middle Market Banking Provides Up to $50 Million for Morningstar Properties Affiliate
May 4, 2022First Citizens Bank today announced that its Middle Market Banking business provided up to $50 million as a senior secured line of credit to an affiliate of Morningstar Properties, a leading investor in and operator of self-storage facilities
-
BizCap® Secures $25 Million Revolving Line of Credit for Auto Finance Solutions
May 4, 2022BizCap®, a national commercial finance and advisory firm, today announced it has successfully structured and secured $25 million in financing for Auto Finance Solutions (AFS), a leading financing source for independent used car dealerships to purchase wholesale inventory throughout the United States.
-
BHI International C&I Team Provides $20 Million Financing for North Shore Components
May 4, 2022BHI, a full-service commercial bank, announced that its International Consumer & Industrial Team has provided a $20 million revolving loan for North Shore Components, Inc., a global OEM distributor of electronic computer parts, components and hardware based in Bellport, New York.
-
Encore Renewable Energy secures $20 million senior loan to advance innovative clean energy solutions
May 4, 2022Encore Renewable Energy, a leading innovator in community-scale clean energy, announced today it has closed on a $20 million senior loan provided by Lacuna Sustainable Investments and Javelin Capital.
-
Leumi AB, the Asset Based Lending Unit of Bank Leumi UK, Introduces New Operating Platform
May 4, 2022Leumi ABL, the Asset-Based Lending (ABL) subsidiary of Bank Leumi UK, has introduced a new operating platform on HPD Lendscape’s secured lending tech, in order to transform their invoice discounting and asset-based lending business in the United Kingdom.
-
Marcum LLP and Friedman LLP Announce Plans to Merge
May 4, 2022Leading national accounting and advisory firms Marcum LLP (“Marcum”) and Friedman LLP (“Friedman”) today announced that they are in advanced discussions related to a proposed transaction in which Friedman will merge into Marcum, resulting in a national top-12 firm with approximately $1 billion in annual revenue and more than 3,400 associates.
-
Triple Point Announces New £8m Revolving Credit Facility For Mll Telecom
May 4, 2022Leading investment manager Triple Point has today announced a new £8m revolving credit facility for MLL Telecom Ltd through Triple Point’s Private Credit division.
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BMO and EDC Announce Collaboration to Introduce Sustainable Finance Solutions for Canadian Businesses
May 3, 2022BMO Financial Group (BMO) and Export Development Canada (EDC) today announced an agreement to bring sustainable finance solutions to medium- and large-sized Canadian exporting businesses, to help them transition from carbon-intensive operations to those that can eliminate or significantly reduce emissions.
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Access Capital Provides $2 Million Facility for Encore Consulting Services, Inc. (“Encore”).
May 3, 2022Access Capital recently provided a $2 million facility for Encore Consulting Services, Inc. (“Encore”). The new borrower at Access Capital is a woman-owned enterprise and was founded in 2007.
-
Origis Energy Secures Innovative $375 Million Credit Facility for Solar and Energy Storage Development Pipeline
May 3, 2022Origis Energy, one of America’s leading renewable energy platforms, today announced the close of a $375 million credit facility for its solar and energy storage development project pipeline.
-
Blue Apron Announces $70.5 Million Planned Capital Infusion Through Debt and Equity Financings
May 3, 2022Blue Apron (NYSE: APRN) announced today two significant capitalization events. The company plans to use the proceeds to pay off its existing term loan, and for general corporate purposes to stay focused on its long-term sustainable growth plan and to continue to execute on its turnaround strategies.
-
Troutman Pepper Names Delia Donahue Office Managing Partner in Princeton, New Jersey
May 3, 2022Troutman Pepper announced today that Delia Donahue, a partner in the Finance and Restructuring Practice Group, will become office managing partner (OMP) of the Princeton, NJ office, effective May 1, 2022.
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First Corporate Solutions and Decipher Credit Announce Integration Partnership
May 3, 2022First Corporate Solutions (FCS), a leader in business transaction risk management, announced today a significant new partnership with Decipher Credit, the leading automation platform for specialty commercial lenders.
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