• MidOcean Credit Announces Senior-Level Promotions
    March 23, 2022
    MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager specializing in alternative credit investments and middle-market private equity, announced today senior-level promotions in its credit business, including Robert (Tripp) Sullivan to the firm’s Investment Committee, Michael Levitin to Portfolio Manager, and Carol Chung, Adam Goldberg and Opal Leung to Principal.
  • AlixPartners Strengthens Its Consumer Products Offerings By Adding Bernardo Silva As A Managing Director
    March 23, 2022
    An expert in guiding the growth and transformation of a variety of consumer-facing companies, Bernardo brings to his position 27 years of experience and deep expertise in strategy development and execution, mergers & acquisitions, and operations improvement.
  • Brightwood Capital Advisors Announces Another Record Year with Over $2 Billion Capital Deployed
    March 23, 2022
    Brightwood Capital Advisors ("Brightwood"), a leading private credit firm focused on providing capital to growing North American middle market businesses, today announced it has completed another very strong investment year in 2021, one of its most active investment periods in the firm's 12-year history. Brightwood deployed more than $2 billion of capital to more than 50 new and existing borrowers during this past year.
  • Tenaska Marketing Ventures Completes Renewal of Borrowing Base, Committed Credit Facility for up to $2 Billion
    March 23, 2022
    BNP Paribas, Coöperatieve Rabobank U.A., New York Branch MUFG Bank, Ltd., Société Générale, ING Capital LLC and Wells Fargo Bank, N.A. are Joint Lead Arrangers and Joint Bookrunners of the facility. CoBank, ACB, Industrial and Commercial Bank of China Limited, New York Branch, Mizuho Bank, Ltd. and Sumitomo Mitsui Banking Corporation are Senior Managing Agents. A total of 16 lenders are participating in the facility, of which 3 are new lenders.
  • CrossFirst Bank Expands Restaurant Finance Group
    March 23, 2022
    CrossFirst Bank, a subsidiary of CrossFirst Bankshares, Inc. (NASDAQ: CFB), announced today that it will expand its restaurant finance group that will focus on building trusted relationships with established and high-growth restaurant chains. The Bank hired Bobby Oliver to lead the restaurant finance group as Executive Director, Restaurant Finance Group.
  • WSFS Completes Conversion of Bryn Mawr Trust into WSFS Bank; Launches Bryn Mawr Trust as the Prominent Wealth Management Brand
    March 23, 2022
    WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS”) has completed the brand conversion and systems integration of Bryn Mawr Trust into its primary subsidiary, WSFS Bank. All Bryn Mawr Trust banking accounts have successfully converted to WSFS Bank accounts. All legacy Bryn Mawr Trust Clients, now WSFS Bank Customers, have full access to WSFS Bank products and services, including 94 Retail banking offices and more than 600 ATMs across the Greater Philadelphia and Delaware region.
  • Big Shoulders Capital and Iroquois Industrial Group Acquire Benda Manufacturing Assets
    March 23, 2022
    Big Shoulders Capital and Iroquois Industrial Group have formed a partnership to acquire the assets of Benda Manufacturing, a leader in conveyor and product handling systems for the food industry and other industries requiring integrated production line conveyors. The acquisition of the assets of the 30-year-old Tinley Park, Illinois-based manufacturer closed on February 15, 2022 and a new company, Benda Conveyor Solutions, LLC, has been formed resulting in the creation of new jobs as operations are restructured.
  • With Commitment to Data Security and Privacy, LSQ Successfully Completes SOC-2 Audit
    March 23, 2022
    LSQ, a leading provider of working capital finance and payments solutions, announces the successful completion of their System and Organizational Controls (SOC) 2® Type 2 third-party attestation for their LSQ FastTrack® platform.
  • Monroe Capital Supports Aperture, LLC’s Acquisition of Biomechanical Research & Testing, LLC
    March 23, 2022
    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 Biomechanical Research & Testing, LLC (“BRT”) by Aperture, LLC (“Aperture”), a portfolio company of Trinity Hunt Partners.
  • SLR Healthcare ABL Provides $3 Million in Financing to a Skilled Nursing Operator
    March 23, 2022
    SLR Healthcare ABL is pleased to announce it has provided a $3 million in asset-based revolving line of credit to a skilled nursing operator in March 2022.
  • Comvest Credit Partners Announces Investment in Horsepower Financial
    March 22, 2022
    Comvest Credit Partners (“Comvest”), a leading provider of flexible financing solutions to middle-market companies, has acted as Administrative Agent in providing a $40 million senior secured credit facility (the “Financing”) to Horsepower Financial, LLC (“Horsepower”), and its affiliates. Horsepower, a Lebanon, Ohio-based provider of consumer motorcycle leasing services, will use the Financing to fund working capital needs and business growth initiatives.
  • Monroe Capital Closes $457 Million Collateralized Loan Obligation Transaction
    March 22, 2022
    Monroe Capital LLC (“Monroe”) today announced the closing of a $457 million term debt securitization known as Monroe Capital MML CLO XIII, LTD. The term financing was Monroe’s eighth new issue CLO completed since 2018 and is secured by a portfolio of middle market senior secured loans.
  • Matrix Announces Promotions, Welcomes New Team Members
    March 22, 2022
    Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, is pleased to announce several promotions, as well as welcome new team members.
  • JPMorgan Hires David Miree From Wells Fargo to Lead Diversity Unit
    March 22, 2022
    JPMorgan Chase & Co has named Wells Fargo senior executive David Miree as the global head of diversity, equity and inclusion, according to an internal memo seen by Reuters on Monday. Miree’s appointment is among a slew of organizational changes at the major Wall Street bank. An industry veteran with three decades’ experience, Miree served as the head of consumer and small business diverse customer segments at Wells Fargo.
  • Junior Debt Lending and Advisory added to CIBC's Commercial Banking services
    March 22, 2022
    The experienced Junior Debt Lending and Advisory team is led by industry veteran Charlie Sheridan. Sheridan, who recently joined the bank as managing director and group head, brings more than 20 years of industry experience to CIBC. Previously, he served as executive director of the Financial Sponsors Group at J.P. Morgan.
  • Haynes Boone Elevates 11 Lawyers to Counsel in 2022
    March 22, 2022
    Haynes and Boone, LLP has promoted to counsel 11 lawyers from the firm’s Austin, Dallas, Dallas-North, Denver, Houston, London, Orange County, Palo Alto, and San Francisco offices. The new counsel are Kelli Bills, Calmann Clements, Emily Fuller, Daniel Kwok, Taryn McDonald, Nick Monier, Kristin Santamaria, Hong Shi, Michael Smith, Robin Smith, and Michael Stoner.
  • Scott Frederick joins Pacific Western Bank as SVP, Business Development Officer for Asset-Based Lending in Midwest Region
    March 22, 2022
    Pacific Western Bank is pleased to announce that Scott Frederick has joined the Bank as a senior vice president, business development officer on its asset-based lending team. He will be located in Oak Park, Illinois. Scott will be driving the Bank’s efforts to deliver asset-based lending solutions to middle-market businesses throughout the Midwestern States- including Wisconsin, Indiana, Michigan, Ohio, Minnesota, Missouri and his home state of Illinois.
  • CIT Provides $30 Million for School Construction and Renovation Work
    March 22, 2022
    CIT, a division of First Citizens Bank, today announced that its Middle Market Banking business provided $30 million toward construction and enhancement of school facilities in Wahoo, Nebraska. The borrower, Saunders County Education Agency, will use the loan to help finance construction of a new, two-story school addition, as well as associated renovations, for the existing middle school and high school facility of Wahoo Public Schools.
  • SLR Investment Corp. and SLR Senior Investment Corp. Announce Stockholder Approval of Merger
    March 21, 2022
    SLR Investment Corp. (NASDAQ: SLRC) (“SLRC”) and SLR Senior Investment Corp. (NASDAQ: SUNS) (“SUNS”) are pleased to announce that each company obtained stockholder approval of the proposals related to the previously announced merger of SLRC and SUNS (the “Merger”) at their respective special meetings of stockholders held on March 21, 2022.
  • Siena Healthcare Finance Provides a $10 Million Credit Facility to a Group of Skilled Nursing Facilities
    March 21, 2022
    Siena Healthcare Finance today announced the closing of a $10MM working capital facility for a California-based chain of skilled nursing facilities. The selection process with various lenders participating was thorough and very competitive. The Operators main objective was to engage a lender that listened, had deep knowledge of the sector, and could execute. They chose Siena Healthcare Finance because they could deliver on all requirements.
  • MidOcean Credit Announces Senior-Level Promotions
    March 23, 2022
    MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager specializing in alternative credit investments and middle-market private equity, announced today senior-level promotions in its credit business, including Robert (Tripp) Sullivan to the firm’s Investment Committee, Michael Levitin to Portfolio Manager, and Carol Chung, Adam Goldberg and Opal Leung to Principal.
  • AlixPartners Strengthens Its Consumer Products Offerings By Adding Bernardo Silva As A Managing Director
    March 23, 2022
    An expert in guiding the growth and transformation of a variety of consumer-facing companies, Bernardo brings to his position 27 years of experience and deep expertise in strategy development and execution, mergers & acquisitions, and operations improvement.
  • Brightwood Capital Advisors Announces Another Record Year with Over $2 Billion Capital Deployed
    March 23, 2022
    Brightwood Capital Advisors ("Brightwood"), a leading private credit firm focused on providing capital to growing North American middle market businesses, today announced it has completed another very strong investment year in 2021, one of its most active investment periods in the firm's 12-year history. Brightwood deployed more than $2 billion of capital to more than 50 new and existing borrowers during this past year.
  • Tenaska Marketing Ventures Completes Renewal of Borrowing Base, Committed Credit Facility for up to $2 Billion
    March 23, 2022
    BNP Paribas, Coöperatieve Rabobank U.A., New York Branch MUFG Bank, Ltd., Société Générale, ING Capital LLC and Wells Fargo Bank, N.A. are Joint Lead Arrangers and Joint Bookrunners of the facility. CoBank, ACB, Industrial and Commercial Bank of China Limited, New York Branch, Mizuho Bank, Ltd. and Sumitomo Mitsui Banking Corporation are Senior Managing Agents. A total of 16 lenders are participating in the facility, of which 3 are new lenders.
  • CrossFirst Bank Expands Restaurant Finance Group
    March 23, 2022
    CrossFirst Bank, a subsidiary of CrossFirst Bankshares, Inc. (NASDAQ: CFB), announced today that it will expand its restaurant finance group that will focus on building trusted relationships with established and high-growth restaurant chains. The Bank hired Bobby Oliver to lead the restaurant finance group as Executive Director, Restaurant Finance Group.
  • WSFS Completes Conversion of Bryn Mawr Trust into WSFS Bank; Launches Bryn Mawr Trust as the Prominent Wealth Management Brand
    March 23, 2022
    WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS”) has completed the brand conversion and systems integration of Bryn Mawr Trust into its primary subsidiary, WSFS Bank. All Bryn Mawr Trust banking accounts have successfully converted to WSFS Bank accounts. All legacy Bryn Mawr Trust Clients, now WSFS Bank Customers, have full access to WSFS Bank products and services, including 94 Retail banking offices and more than 600 ATMs across the Greater Philadelphia and Delaware region.
  • Big Shoulders Capital and Iroquois Industrial Group Acquire Benda Manufacturing Assets
    March 23, 2022
    Big Shoulders Capital and Iroquois Industrial Group have formed a partnership to acquire the assets of Benda Manufacturing, a leader in conveyor and product handling systems for the food industry and other industries requiring integrated production line conveyors. The acquisition of the assets of the 30-year-old Tinley Park, Illinois-based manufacturer closed on February 15, 2022 and a new company, Benda Conveyor Solutions, LLC, has been formed resulting in the creation of new jobs as operations are restructured.
  • With Commitment to Data Security and Privacy, LSQ Successfully Completes SOC-2 Audit
    March 23, 2022
    LSQ, a leading provider of working capital finance and payments solutions, announces the successful completion of their System and Organizational Controls (SOC) 2® Type 2 third-party attestation for their LSQ FastTrack® platform.
  • Monroe Capital Supports Aperture, LLC’s Acquisition of Biomechanical Research & Testing, LLC
    March 23, 2022
    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 Biomechanical Research & Testing, LLC (“BRT”) by Aperture, LLC (“Aperture”), a portfolio company of Trinity Hunt Partners.
  • SLR Healthcare ABL Provides $3 Million in Financing to a Skilled Nursing Operator
    March 23, 2022
    SLR Healthcare ABL is pleased to announce it has provided a $3 million in asset-based revolving line of credit to a skilled nursing operator in March 2022.
  • Comvest Credit Partners Announces Investment in Horsepower Financial
    March 22, 2022
    Comvest Credit Partners (“Comvest”), a leading provider of flexible financing solutions to middle-market companies, has acted as Administrative Agent in providing a $40 million senior secured credit facility (the “Financing”) to Horsepower Financial, LLC (“Horsepower”), and its affiliates. Horsepower, a Lebanon, Ohio-based provider of consumer motorcycle leasing services, will use the Financing to fund working capital needs and business growth initiatives.
  • Monroe Capital Closes $457 Million Collateralized Loan Obligation Transaction
    March 22, 2022
    Monroe Capital LLC (“Monroe”) today announced the closing of a $457 million term debt securitization known as Monroe Capital MML CLO XIII, LTD. The term financing was Monroe’s eighth new issue CLO completed since 2018 and is secured by a portfolio of middle market senior secured loans.
  • Matrix Announces Promotions, Welcomes New Team Members
    March 22, 2022
    Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, is pleased to announce several promotions, as well as welcome new team members.
  • JPMorgan Hires David Miree From Wells Fargo to Lead Diversity Unit
    March 22, 2022
    JPMorgan Chase & Co has named Wells Fargo senior executive David Miree as the global head of diversity, equity and inclusion, according to an internal memo seen by Reuters on Monday. Miree’s appointment is among a slew of organizational changes at the major Wall Street bank. An industry veteran with three decades’ experience, Miree served as the head of consumer and small business diverse customer segments at Wells Fargo.
  • Junior Debt Lending and Advisory added to CIBC's Commercial Banking services
    March 22, 2022
    The experienced Junior Debt Lending and Advisory team is led by industry veteran Charlie Sheridan. Sheridan, who recently joined the bank as managing director and group head, brings more than 20 years of industry experience to CIBC. Previously, he served as executive director of the Financial Sponsors Group at J.P. Morgan.
  • Haynes Boone Elevates 11 Lawyers to Counsel in 2022
    March 22, 2022
    Haynes and Boone, LLP has promoted to counsel 11 lawyers from the firm’s Austin, Dallas, Dallas-North, Denver, Houston, London, Orange County, Palo Alto, and San Francisco offices. The new counsel are Kelli Bills, Calmann Clements, Emily Fuller, Daniel Kwok, Taryn McDonald, Nick Monier, Kristin Santamaria, Hong Shi, Michael Smith, Robin Smith, and Michael Stoner.
  • Scott Frederick joins Pacific Western Bank as SVP, Business Development Officer for Asset-Based Lending in Midwest Region
    March 22, 2022
    Pacific Western Bank is pleased to announce that Scott Frederick has joined the Bank as a senior vice president, business development officer on its asset-based lending team. He will be located in Oak Park, Illinois. Scott will be driving the Bank’s efforts to deliver asset-based lending solutions to middle-market businesses throughout the Midwestern States- including Wisconsin, Indiana, Michigan, Ohio, Minnesota, Missouri and his home state of Illinois.
  • CIT Provides $30 Million for School Construction and Renovation Work
    March 22, 2022
    CIT, a division of First Citizens Bank, today announced that its Middle Market Banking business provided $30 million toward construction and enhancement of school facilities in Wahoo, Nebraska. The borrower, Saunders County Education Agency, will use the loan to help finance construction of a new, two-story school addition, as well as associated renovations, for the existing middle school and high school facility of Wahoo Public Schools.
  • SLR Investment Corp. and SLR Senior Investment Corp. Announce Stockholder Approval of Merger
    March 21, 2022
    SLR Investment Corp. (NASDAQ: SLRC) (“SLRC”) and SLR Senior Investment Corp. (NASDAQ: SUNS) (“SUNS”) are pleased to announce that each company obtained stockholder approval of the proposals related to the previously announced merger of SLRC and SUNS (the “Merger”) at their respective special meetings of stockholders held on March 21, 2022.
  • Siena Healthcare Finance Provides a $10 Million Credit Facility to a Group of Skilled Nursing Facilities
    March 21, 2022
    Siena Healthcare Finance today announced the closing of a $10MM working capital facility for a California-based chain of skilled nursing facilities. The selection process with various lenders participating was thorough and very competitive. The Operators main objective was to engage a lender that listened, had deep knowledge of the sector, and could execute. They chose Siena Healthcare Finance because they could deliver on all requirements.