Global merger and acquisition (M&A) activity has clearly weakened in the first quarter of 2022, according to GlobalData, with total transaction value dropping to $725 billion—almost 23% lower than Q4 2021. The leading data and analytics company notes that this is a sign that activity is going back to ‘normal’, after the staggering growth seen in 2021.

Celtic Capital Corporation today announced its most recent new client relationship – two Washington-based affiliated companies in the environmental and industrial hygiene consulting business. These Companies were referred to Celtic Capital by their Chairman who knew of Celtic Capital from a former position he held with a turnaround and restructuring firm.

Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today announced that the firm has amended its current Credit Agreement to increase the revolving commitments from $1.0 billion to $1.1 billion and has also extended the maturity date for the revolving credit facility from August 21, 2023 to April 28, 2027. All other terms are substantially similar to the existing credit facility.

Pluribus Technologies Corp. (TSXV: PLRB) (the "Company") today announced that it has entered into an agreement for a new three-year, $42.0 million credit facility (the "New Facility") with National Bank of Canada. The New Facility replaces Pluribus' existing facilities that were set to mature at various intervals between 2022 to 2024.

GAN Limited (the "Company" or "GAN") (NASDAQ: GAN), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today provided an update on several strategic initiatives.

SouthState Bank has hired nine bankers to continue to expand its Commercial, Business and Private Banking teams across Florida, Alabama, Georgia and South Carolina.

StoneX Group Inc. (Nasdaq:SNEX) today announced that it has agreed to amend its existing $401 million senior secured credit facility, to extend the maturity through April 2025 and to increase the size of the facility to $475 million. The existing facility, comprised of a $236 million revolving credit facility and a $165 million Term Loan A facility, is being amended to a $475 million revolving credit facility.

Comvest Credit Partners (“Comvest”), a leading provider of flexible financing solutions to middle-market companies, has acted as Administrative Agent in providing a senior secured credit facility (the “Financing”) to Saatva (or the “Company”), a leading direct-to-consumer (DTC) online retailer of luxury mattresses and sleep products. The Financing was used to support a dividend recapitalization of the Company by Saatva management and TZP Group, a private equity firm.

TradeCap worked quickly to assess credit limits with each supplier, open AP obligations and needs to support the various projects. A facility was structured around supplier terms and cash flow needed to maintain terms with suppliers and complete installation for the multiple projects. The 15+ suppliers in the supply chain had various lead times, some up to 8 weeks, and either required prepayment with placement of the order or payment on terms.

LSQ, a leading provider of working capital finance and payments solutions, recently funded a $65 million working capital facility for Continuum Global Solutions, a provider of omnichannel contact center services worldwide via voice and non-voice channels such as chat, email, and social media.

A May 4 online auction by Tiger Group and partner Southern Fabricating Machinery Sales features equipment from a closed Fairfield plant that’s surplus to the ongoing operations of a manufacturer of metal components and assemblies for the aerospace, defense, oil and gas, and industrial sectors.

Crestmark, the Commercial Finance Division of MetaBank®, N.A., secured a total of $56,450,000 in ABL/factoring financial solutions for 26 new clients; Crestmark Equipment Finance provided $25,043,991 in 21 new large ticket transactions and $11,837,288 in 93 new small ticket vendor transactions; and the Structured Finance group provided $8,369,000 in financing for two new clients in the second half of March and first half of April.

An entire plant full of machinery and equipment featuring injection molding and chrome plating machinery is being auctioned via webcast on May 12 in Colon, Queretaro, Mexico, announced PPL Group. Most of the equipment is new as of 2017, 2018 and 2019.

J D Factors announced it has provided the following factoring facilities: $120,000 to a transportation company in Indiana; $100,000 to a transportation company in Ontario; $250,000 to a transportation company in Ohio; $250,000 to a transportation company in Illinois.

Winston & Strawn represented US Tiger Securities, Inc. in connection with Aimfinity Investment Corp. I (NASDAQ: AIMA, the "Company"), which announced the pricing its initial public offering ("IPO") of 7,000,000 units at a price of $10.00 per unit.

First Business Bank announces the funding of a $3 million accounts receivable factoring facility by its Accounts Receivable Financing group. Our new client operates a recycling business as well as several landfills. The facility will help augment the company’s cash flow following an acquisition.

Kayne Anderson Private Credit (“KAPC”), the middle market private credit group of Kayne Anderson Capital Advisors, L.P., announced today it had successfully closed the firm’s fourth middle market senior credit fund, Kayne Senior Credit Fund IV (“KSCF IV”).

Glenn Agre Bergman & Fuentes LLP, the bankruptcy and trial law firm that launched in 2021, has taken a major step forward in its evolution with the addition of Kurt Mayr, most recently the head of the bankruptcy practice at Morgan Lewis & Bockius, LLP.

The First Bancshares, Inc. (NASDAQ: FBMS) (“First Bancshares” or “the Company”), holding company for The First Bank (“The First”), announced today that it has entered into a definitive agreement to acquire Beach Bancorp, Inc. (“BBI”), parent company of Beach Bank based in Fort Walton Beach, Florida.

Establishment Labs Holdings Inc. (NASDAQ: ESTA), a medical technology company focused on women’s health, initially in the breast aesthetics and reconstruction market, today announced that it has entered into a $225 million term loan financing facility with funds managed by Oaktree Capital Management, L.P.