Leading global professional services firm Alvarez & Marsal (A&M) has appointed Anthony Vitale as a Senior Director within the Corporate Performance Improvement (CPI) practice. As a New York-based finance function transformation veteran, Mr. Vitale reinforces A&M’s commitment to supporting clients’ evolving needs with senior leaders that help solve complex problems and drive change.

Regions Bank on Tuesday announced Brad Kimbrough will retire on Feb. 28, 2022, following a nearly 29-year career at the bank, the last 14 of which he has served as controller and chief accounting officer. Kimbrough will be succeeded as controller by Anil Chadha, a 20-year banking industry veteran who joined Regions in 2011 and currently serves as head of Risk Shared Services and Analytics.

Gibraltar Business Capital has bolstered its team of senior-level credit and asset-based lending professionals with the addition of Jeff Stanek as Executive Vice President. With a proven record of developing and managing strong and diverse portfolio teams, Jeff brings a breadth of expertise in structuring and growing an asset-based portfolio whilst managing carefully for risk.

Founded in 1987, Parts Town is a technology-enabled distributor of genuine original equipment manufacturer parts for the food service industry, both in the U.S. and internationally. The financing also included a $1.52 billion unitranche debt facility from Golub Capital.

FocalPoint's Financial Sponsors Group has closed more than 15 transactions for Financial Sponsor clients this year and the pipeline for 2022 is building at an even greater pace – below is a selection of those closings.

King Trade Capital is pleased to announce the completion of a $5 million purchase order finance facility for a Georgia based telecommunication device supplier. The company reached out directly to King Trade Capital after being referred by a previous King Trade client. The company was seeking a purchase order finance solution that would help support their rapidly growing orders with a large US based information technology products customer.

Section 9-625(a) of the Uniform Commercial Code allows courts to enjoin the disposition of collateral on appropriate terms and conditions where the secured party has not complied with the UCC. That section, however, does not establish any principles that courts should follow in determining whether an injunction is an appropriate remedy. Section 1-103(b) of the UCC provides that, unless displaced, the provisions of the UCC are supplemented by principles of law and equity.

Entrepreneur Growth Capital (“EGC”) is pleased to announce that it has provided a $1,500,000 asset-based line of credit to an Ohio based provider of educational tools that improve student engagement (the “Company”).

Among key findings: With the acceleration of retail bankruptcy filings into 2020, many retail store closings projected for 2021 were pulled forward during 2020. This dynamic, coupled with stronger than anticipated retail sales fundamentals in late 2020/early 2021, have reduced retail store closure announcements to their lowest level since 2016.

This year Prestige Capital hits a milestone: 36 years in business! In gematria, a form of Jewish numerology, the number 36 represents double life and luck. "So, we can't help but pinch ourselves every time we think about how long we’ve been in business,” says Rachel Hersh, Sales Director, North America, at Prestige Capital.

A&G Real Estate Partners and Murray Wise Associates LLC today announced the receivership sale of a 1.87 million-square-foot greenhouse and agricultural warehouse complex on 151 acres in Paris, Kentucky, as well as a nearby 50,000-square-foot manufacturing and warehouse facility also located in the greater Lexington market.

The transaction is not subject to a financing condition and Durational has committed debt financing led by KKR Credit and Callodine Commercial Finance, LLC. Jefferies LLC is serving as financial advisor and Latham & Watkins LLP is serving as legal advisor to Casper Sleep Inc. in connection with the proposed transaction. Kirkland & Ellis LLP is serving as legal advisor to Durational Capital Management in connection with the proposed transaction.

Capital Southwest Corporation (“Capital Southwest”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today that it backed Hidden Harbor Capital Partner’s (“Hidden Harbor”) refinancing of Air Conditioning Specialist, Inc. (“ACS” or the “Company”) with a senior secured first lien term loan and a minority equity co-investment.

Revolution Capital, the leading provider of factoring & cash-flow financing in Canada and the United States, has acquired Growth Capital, a factoring firm specializing in the transportation industry.

Leading global aviation integration company GA Telesis, LLC (or the "Company") announced closing a new five-year, $225 million ABL credit facility led by HSBC Bank USA and Fifth Third Bank as Joint Lead Arrangers. The syndication was met with overwhelming interest and allowed the Company to improve terms while expanding its existing bank group.

CIT Group Inc. (NYSE: CIT) today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a senior secured credit facility to support the acquisition of Baker & Taylor LLC, a premier provider of books, digital content and technology solutions to public and academic libraries.

King Trade Capital is pleased to announce the completion of a $5 million purchase order finance facility for a Georgia based telecommunication device supplier. The company reached out directly to King Trade Capital after being referred by a previous King Trade client. The company was seeking a purchase order finance solution that would help support their rapidly growing orders with a large US based information technology products customer.

eCapital Corp. ("eCapital" or "the Company"), a leading capital solutions provider for small and medium-sized businesses in North America and the United Kingdom, today announced that they have acquired the assets of Flexible Funding, a payroll funding company for staffing agencies across multiple industries, along with its freight factoring subsidiary, InstaPay.

The Global Fund Placement and Advisory Group will be led by Tanya McHale, Managing Director, who will be based in London. Ms. McHale will report to Mr. Lowenthal, Head of Investment Banking in North America, and Max Lami, Oppenheimer EMEA Chief Executive and Head of Investment Banking.

AlixPartners, the global consulting firm, today announced its intended acquisition of management consulting firm Galt & Company, which specializes in helping management achieve and sustain superior growth in shareholder value. Galt & Company has been associated with some of the more notable corporate success stories of the last twenty years. Willkie Farr & Gallagher LLP acted as legal counsel to AlixPartners, and Whitman Breed Abbott & Morgan LLC acted as legal counsel to Galt & Company.