• FTI Consulting to Acquire BOLD
    December 14, 2021
    FTI Consulting, Inc. (NYSE: FCN) today announced that it has entered into a definitive agreement to acquire BOLD, a leading restructuring, transactions, digital and transformation advisory firm in the Netherlands. The acquisition is expected to close during the first quarter of 2022. Terms of the transaction were not disclosed.
  • SmartRent Announces Entry Into $75.0 Million Revolving Credit Facility
    December 14, 2021
    SmartRent, Inc. (NYSE: SMRT) (the “Company” or “SmartRent”), a leading provider of smart home and smart building automation for property owners, managers, developers, homebuilders, and residents, today announced that it has entered into a $75.0 million Senior Secured Revolving Credit Facility (the “Revolving Facility”) with a five-year term.
  • Darling Ingredients Amends and Extends its Senior Secured Credit Facility
    December 13, 2021
    Darling Ingredients Inc. (NYSE: DAR), today announced that it has amended and extended its Senior Secured Credit Facility. The amendment extends the maturity date of the revolving credit facility under the credit agreement to December 9th, 2026 (which is also the maturity date for the term loan A) and increases the borrowing capacity under the Senior Secured Credit Facility to $1.9 billion, inclusive of the $400 million delayed draw term loan A.
  • Rosenthal Upsizes Inventory Purchase Commitment To $60 Million For California-Based Solar Products Distribution Company
    December 13, 2021
    Rosenthal & Rosenthal, Inc., the leading factoring, asset based lending and purchase order financing firm in the U.S., today announced it has upsized its recent inventory purchase commitment to support the production financing requirements of a California-based importer and distributor of solar panels, increasing the initial $30 million commitment to $60 million.
  • Amerifactors Financial Group, Llc Announces Recent Funding For Businesses Across The Nation
    December 13, 2021
    AmeriFactors Financial Group, LLC, a leader in business funding and accounts receivable financing, continues to help thousands of businesses nationwide across a wide variety of industries. They are pleased to announce the following recent deals through accounts receivable financing.
  • GHO Capital Invests in Biocare Medical, A Global Leader in Oncology-focused Diagnostic Reagents and Instrumentation
    December 13, 2021
    Global Healthcare Opportunities, or GHO Capital Partners LLP, the European specialist investor in global healthcare, announces its investment in Biocare Medical (“Biocare”), a leading developer of world-class immunohistochemistry (“IHC”) and in situ hybridization (“ISH”) reagents for cancer diagnosis and chromosomal profiling. Existing investor Excellere Partners, a US-based private equity firm shall remain a significant partner in the company alongside GHO.
  • Audax Private Debt Provides Financing to Support Wind Point Partners’ Acquisition of good2grow
    December 13, 2021
    Audax Private Debt announced that, as Administrative Agent and sole investor, it provided a Second Lien Credit Facility supporting Wind Point Partners’ (“Wind Point”) acquisition of good2grow (“Company”), a national provider of clean label children’s juice and other beverage products. Terms of the credit facility were not disclosed.
  • Ares Management Closes Senior Direct Lending Fund II at $14 Billion with Expected Leverage
    December 13, 2021
    Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today the final closing of Ares Senior Direct Lending Fund II (“SDL II” or the “Fund”). With total equity commitments of approximately $8 billion, SDL II was significantly oversubscribed relative to its initial target of $4.5 billion.
  • Electrolux Signs Inaugural Sustainability Linked Revolving Credit Facility
    December 13, 2021
    The facility is for general corporate purposes and has a five-year maturity, with options to extend for up to two more years. The new facility refinances an existing EUR 1,000 million syndicated facility due to mature in May 2023.
  • Abacus Finance Provides Senior Debt Financing To Support the Refinancing of Rainshadow Labs by Westhook Capital Partners
    December 13, 2021
    Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of companies with $3 million to $15 million in EBITDA – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the refinancing of Rainshadow Labs by Westhook Capital Partners.
  • QED Investors and Sound Point Capital Management, LP Announce Strategic Partnership
    December 13, 2021
    QED Investors (QED), a global leading boutique venture capital firm focused on investing in early stage, disruptive financial services companies, announced today that it is forming a partnership with Sound Point Capital Management, LP (Sound Point), a leading alternative asset manager with expertise in the credit space, to create a new asset management business focused on providing debt and receivables financing solutions to early stage FinTech companies.
  • CloudBees Raises $245 Million in New Financing
    December 13, 2021
    CloudBees, the leading software delivery platform for enterprises, announced it has closed a $150 million Series F financing round at a pre-money valuation of $1 billion. The company also closed a $95 million debt facility to accelerate growth.
  • Alvarez & Marsal’s Global Transaction Advisory Group Bolsters Automotive and Industrials Sector M&A Expertise
    December 13, 2021
    Leading global professional services firm Alvarez & Marsal’s (A&M) Global Transaction Advisory Group (TAG) announces the appointment of Chicago-based, Managing Director David Evans. The addition of Mr. Evans to the Global TAG practice expands the firm’s Automotive & Industrials mergers and acquisition (M&A) expertise.
  • Regions Bank Names Leo Loughead as Financial Services Group Leader
    December 13, 2021
    Based in Atlanta, Loughead joined Regions in 2018 as a managing director for the Financial Services Group. Over the last three years, he has served an integral role in developing the team’s strategy for structuring and executing credit services, capital markets solutions, and strategic transactions for companies and private equity sponsors active in the financial services industry.
  • Crédit Agricole CIB Lead Arranger of $3.25 Billion Syndicated Sustainability-Linked Credit Agreement for Global Materials Producer CEMEX
    December 13, 2021
    Crédit Agricole CIB acted as Senior Mandated Lead Arranger (SMLA) for a new USD 3.25Bn syndicated Credit Agreement under its Sustainability-Linked Financing Framework (the “Framework”) for CEMEX, S.A.B. de C.V. (“CEMEX”), a Mexico-based worldwide leading vertically integrated building materials company. Crédit Agricole CIB at the same time also executed its inaugural Sustainability-Linked Cross-Currency Swap (EURUSD) in the Americas.
  • Jefferies Credit Partners Appoints Steve Marino as Head of Investor Solutions
    December 13, 2021
    Jefferies Credit Partners ("JCP"), a leading private credit manager and the asset management arm of Jefferies Finance LLC, today announced the appointment of Steve Marino as Head of Investor Solutions. Jefferies Finance is a joint venture of Jefferies Financial Group Inc. (NYSE: JEF) and MassMutual.
  • Crestmark, the Commercial Finance Division of MetaBank®, Provides More Than $57.5 Million in Commercial Financing to 132 Businesses in November
    December 13, 2021
    Crestmark, the Commercial Finance Division of MetaBank®, N.A., secured a total of $13,600,000 in ABL/factoring financial solutions for 23 new clients; Crestmark Equipment Finance provided $24,804,003 in 29 new transactions; Crestmark Vendor Finance provided $9,938,833 in 76 new transactions; the Government Guaranteed Lending group provided $8,195,000 in financing for three new clients; and the Joint Ventures group provided $1,007,250 in one new transaction in the month of November.
  • Global Logistics Powerhouse Inks $10 Million ABL Deal
    December 13, 2021
    Falcone Capital Holdings, LLC, a holding company of award winning, technology driven international and domestic transportation brands, is pleased to announce the renewal signing of a $10-million-dollar revolving credit facility with InterNex Capital, LLC. The extended partnership was driven by two years of stellar growth across the entire Falcone Brand of Companies.
  • InterNex Provides $4 Million Line of Credit for An Electrical Contractor
    December 10, 2021
    The electrical contractor client is a minority, family, and woman-owned electrical contractor focused on commercial, industrial and residential projects and maintenance services. The company has served the Illinois community for almost 100 years.
  • WOW! Announces $730 Million Debt Refinancing
    December 9, 2021
    Morgan Stanley Senior Funding, Inc. acted as the lead left arranger and joint Bookrunner together with KeyBanc Capital Markets Inc., BofA Securities, Inc., Credit Suisse Loan Funding LLC, Goldman Sachs Bank USA, Regions Capital Markets, A Division Of Regions Bank, Wells Fargo Securities, LLC and Manufacturers And Traders Trust Company.
  • FTI Consulting to Acquire BOLD
    December 14, 2021
    FTI Consulting, Inc. (NYSE: FCN) today announced that it has entered into a definitive agreement to acquire BOLD, a leading restructuring, transactions, digital and transformation advisory firm in the Netherlands. The acquisition is expected to close during the first quarter of 2022. Terms of the transaction were not disclosed.
  • SmartRent Announces Entry Into $75.0 Million Revolving Credit Facility
    December 14, 2021
    SmartRent, Inc. (NYSE: SMRT) (the “Company” or “SmartRent”), a leading provider of smart home and smart building automation for property owners, managers, developers, homebuilders, and residents, today announced that it has entered into a $75.0 million Senior Secured Revolving Credit Facility (the “Revolving Facility”) with a five-year term.
  • Darling Ingredients Amends and Extends its Senior Secured Credit Facility
    December 13, 2021
    Darling Ingredients Inc. (NYSE: DAR), today announced that it has amended and extended its Senior Secured Credit Facility. The amendment extends the maturity date of the revolving credit facility under the credit agreement to December 9th, 2026 (which is also the maturity date for the term loan A) and increases the borrowing capacity under the Senior Secured Credit Facility to $1.9 billion, inclusive of the $400 million delayed draw term loan A.
  • Rosenthal Upsizes Inventory Purchase Commitment To $60 Million For California-Based Solar Products Distribution Company
    December 13, 2021
    Rosenthal & Rosenthal, Inc., the leading factoring, asset based lending and purchase order financing firm in the U.S., today announced it has upsized its recent inventory purchase commitment to support the production financing requirements of a California-based importer and distributor of solar panels, increasing the initial $30 million commitment to $60 million.
  • Amerifactors Financial Group, Llc Announces Recent Funding For Businesses Across The Nation
    December 13, 2021
    AmeriFactors Financial Group, LLC, a leader in business funding and accounts receivable financing, continues to help thousands of businesses nationwide across a wide variety of industries. They are pleased to announce the following recent deals through accounts receivable financing.
  • GHO Capital Invests in Biocare Medical, A Global Leader in Oncology-focused Diagnostic Reagents and Instrumentation
    December 13, 2021
    Global Healthcare Opportunities, or GHO Capital Partners LLP, the European specialist investor in global healthcare, announces its investment in Biocare Medical (“Biocare”), a leading developer of world-class immunohistochemistry (“IHC”) and in situ hybridization (“ISH”) reagents for cancer diagnosis and chromosomal profiling. Existing investor Excellere Partners, a US-based private equity firm shall remain a significant partner in the company alongside GHO.
  • Audax Private Debt Provides Financing to Support Wind Point Partners’ Acquisition of good2grow
    December 13, 2021
    Audax Private Debt announced that, as Administrative Agent and sole investor, it provided a Second Lien Credit Facility supporting Wind Point Partners’ (“Wind Point”) acquisition of good2grow (“Company”), a national provider of clean label children’s juice and other beverage products. Terms of the credit facility were not disclosed.
  • Ares Management Closes Senior Direct Lending Fund II at $14 Billion with Expected Leverage
    December 13, 2021
    Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today the final closing of Ares Senior Direct Lending Fund II (“SDL II” or the “Fund”). With total equity commitments of approximately $8 billion, SDL II was significantly oversubscribed relative to its initial target of $4.5 billion.
  • Electrolux Signs Inaugural Sustainability Linked Revolving Credit Facility
    December 13, 2021
    The facility is for general corporate purposes and has a five-year maturity, with options to extend for up to two more years. The new facility refinances an existing EUR 1,000 million syndicated facility due to mature in May 2023.
  • Abacus Finance Provides Senior Debt Financing To Support the Refinancing of Rainshadow Labs by Westhook Capital Partners
    December 13, 2021
    Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of companies with $3 million to $15 million in EBITDA – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the refinancing of Rainshadow Labs by Westhook Capital Partners.
  • QED Investors and Sound Point Capital Management, LP Announce Strategic Partnership
    December 13, 2021
    QED Investors (QED), a global leading boutique venture capital firm focused on investing in early stage, disruptive financial services companies, announced today that it is forming a partnership with Sound Point Capital Management, LP (Sound Point), a leading alternative asset manager with expertise in the credit space, to create a new asset management business focused on providing debt and receivables financing solutions to early stage FinTech companies.
  • CloudBees Raises $245 Million in New Financing
    December 13, 2021
    CloudBees, the leading software delivery platform for enterprises, announced it has closed a $150 million Series F financing round at a pre-money valuation of $1 billion. The company also closed a $95 million debt facility to accelerate growth.
  • Alvarez & Marsal’s Global Transaction Advisory Group Bolsters Automotive and Industrials Sector M&A Expertise
    December 13, 2021
    Leading global professional services firm Alvarez & Marsal’s (A&M) Global Transaction Advisory Group (TAG) announces the appointment of Chicago-based, Managing Director David Evans. The addition of Mr. Evans to the Global TAG practice expands the firm’s Automotive & Industrials mergers and acquisition (M&A) expertise.
  • Regions Bank Names Leo Loughead as Financial Services Group Leader
    December 13, 2021
    Based in Atlanta, Loughead joined Regions in 2018 as a managing director for the Financial Services Group. Over the last three years, he has served an integral role in developing the team’s strategy for structuring and executing credit services, capital markets solutions, and strategic transactions for companies and private equity sponsors active in the financial services industry.
  • Crédit Agricole CIB Lead Arranger of $3.25 Billion Syndicated Sustainability-Linked Credit Agreement for Global Materials Producer CEMEX
    December 13, 2021
    Crédit Agricole CIB acted as Senior Mandated Lead Arranger (SMLA) for a new USD 3.25Bn syndicated Credit Agreement under its Sustainability-Linked Financing Framework (the “Framework”) for CEMEX, S.A.B. de C.V. (“CEMEX”), a Mexico-based worldwide leading vertically integrated building materials company. Crédit Agricole CIB at the same time also executed its inaugural Sustainability-Linked Cross-Currency Swap (EURUSD) in the Americas.
  • Jefferies Credit Partners Appoints Steve Marino as Head of Investor Solutions
    December 13, 2021
    Jefferies Credit Partners ("JCP"), a leading private credit manager and the asset management arm of Jefferies Finance LLC, today announced the appointment of Steve Marino as Head of Investor Solutions. Jefferies Finance is a joint venture of Jefferies Financial Group Inc. (NYSE: JEF) and MassMutual.
  • Crestmark, the Commercial Finance Division of MetaBank®, Provides More Than $57.5 Million in Commercial Financing to 132 Businesses in November
    December 13, 2021
    Crestmark, the Commercial Finance Division of MetaBank®, N.A., secured a total of $13,600,000 in ABL/factoring financial solutions for 23 new clients; Crestmark Equipment Finance provided $24,804,003 in 29 new transactions; Crestmark Vendor Finance provided $9,938,833 in 76 new transactions; the Government Guaranteed Lending group provided $8,195,000 in financing for three new clients; and the Joint Ventures group provided $1,007,250 in one new transaction in the month of November.
  • Global Logistics Powerhouse Inks $10 Million ABL Deal
    December 13, 2021
    Falcone Capital Holdings, LLC, a holding company of award winning, technology driven international and domestic transportation brands, is pleased to announce the renewal signing of a $10-million-dollar revolving credit facility with InterNex Capital, LLC. The extended partnership was driven by two years of stellar growth across the entire Falcone Brand of Companies.
  • InterNex Provides $4 Million Line of Credit for An Electrical Contractor
    December 10, 2021
    The electrical contractor client is a minority, family, and woman-owned electrical contractor focused on commercial, industrial and residential projects and maintenance services. The company has served the Illinois community for almost 100 years.
  • WOW! Announces $730 Million Debt Refinancing
    December 9, 2021
    Morgan Stanley Senior Funding, Inc. acted as the lead left arranger and joint Bookrunner together with KeyBanc Capital Markets Inc., BofA Securities, Inc., Credit Suisse Loan Funding LLC, Goldman Sachs Bank USA, Regions Capital Markets, A Division Of Regions Bank, Wells Fargo Securities, LLC and Manufacturers And Traders Trust Company.