• Winston & Strawn LLP Represents WebFX
    October 21, 2021
    Winston & Strawn LLP represented WebFX, a full-service digital marketing agency, in connection with its capital investment from Trilantic North America, a growth-focused middle market private equity firm focused on control and significant minority investments in North America.
  • Randy Mitzman Joins SLR Business Credit as Managing Director and Senior Vice President
    October 21, 2021
    SLR Business Credit announced that Randy Mitzman has joined the company as a managing director and senior vice president. He will be primarily focused on SLR’s FastPay subsidiary. FastPay provides asset based loans and factoring to digital media and advertising businesses throughout the United States.
  • Yieldsteet’s Private Business Credit Announces 13 New Deals Closed during 3Q 2021
    October 21, 2021
    Yieldstreet Private Business Credit entered year two in a tremendous fashion. In 3Q 2021, YS PBC closed a total of $115 million in new deals across both consumer and commercial asset classes within various positions of the capital structure.
  • The Interface Financial Group Has Funded $21,000,000 of Digital Supply Chain Finance for Suppliers of Retail and Automotive Buyers
    October 21, 2021
    The Interface Financial Group (“IFG”) announced the funding of a $21,000,000 digital supply chain finance for suppliers of retail and automotive buyers. The early payments provided by IFG help suppliers in the US, South Asia and Europe to navigate through a challenging time of supply chain disruptions caused by the Covid-19 epidemic.
  • Online Bidding Now Underway for Large Inventory of Oil-and-Gas Line Pipe in Auction by Tiger Liquidity Services Energy Partners
    October 21, 2021
    Bidding is underway in the timed online auction of more than 300,000 feet of line pipe formerly owned by Fort Morgan, Colorado-based Catamount Oilfield Services, announced Tiger Group and Liquidity Services (NASDAQ: LQDT). The auction is the latest offering by the two companies, which in 2016 formed a strategic partnership—Tiger Liquidity Services Energy Partners—focused on directly assisting those seeking to sell surplus oil-and-gas assets.
  • Village Fertility Secures $12M in Debt Financing from ORIX Corporation USA's Growth Capital Group
    October 21, 2021
    VFP Pharmacy Group ("Village", "VFP", or the "Company"), a portfolio company of BelHealth Investment Partners, LLC ("BelHealth"), a healthcare private equity firm based in Fort Lauderdale, Florida, announced the completion of a financing from ORIX Corporation USA's Growth Capital team. VFP has established itself as one of the leading fertility pharmacies in the country and is dedicated to servicing patients, providers, and payors in this market.
  • Alvarez & Marsal Bolsters Healthcare Technology Advisory and Transformation Services with Addition of Christopher Smith as Leader
    October 21, 2021
    Leading global professional services firm Alvarez & Marsal (A&M) has substantially expanded its Healthcare Industry Group’s Technology Advisory and Transformation Services led by newly appointed Managing Director, Christopher Smith and Senior Directors Philip Handal and JoyAnn Book. These hires demonstrate A&M’s commitment to solving healthcare organizations’ complex problems with “big bet” digital and technology transformation initiatives.
  • Hedaya Capital is Pleased to Announce an Advance Factoring Facility Provided to an Italian Kosher Food Company, Projecting $10,000,000 in Sales
    October 21, 2021
    The company manufactures and distributes certified kosher ravioli, gnocchi, pizza, desserts, ice cream, and other food products made in Italy. This client was brought in by Hedaya Capital’s new business development officer Irwin “I.D.” Dayan; who comes to Hedaya with 15 years’ experience serving as the executive director of Exceed Network, a premier community-based business advisory and assistance organization. Now at Hedaya Capital, Irwin is assisting rapidly growing companies with factoring and financing solutions.
  • LiquidX Announces InBlock Digital Policy Management for Trade Credit Insurance
    October 21, 2021
    The trade credit insurance ecosystem loses over a billion dollars annually due to process inefficiencies, lack of transparency, and human error. InBlock Digital Policy Management leverages blockchain technology, AI, and machine learning, allowing market participants to reduce risk, increase efficiency, and scale through automation.
  • Raymond James Financial to Acquire TriState Capital Holdings
    October 21, 2021
    The acquisition is subject to customary closing conditions, including regulatory approvals and approval by TriState Capital shareholders, and is expected to close in 2022. Advisors to Raymond James are Raymond James & Associates as financial advisor and Sullivan & Cromwell LLP as legal counsel. Advisors to TriState Capital are Stephens Inc. as financial advisor and Mayer Brown LLP as legal counsel.
  • Gerber Finance Provides $8MM Line of Credit to Humm Kombucha
    October 20, 2021
    Gerber Finance, an eCapital company and the leading finance partner for companies experiencing accelerated growth, today announced the closing of a $8MM line of credit to Humm Kombucha, maker of probiotic kombucha drinks.
  • Axis Announces $15 Million Strategic Investment by NowLake Technology, LLC
    October 20, 2021
    Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) a fintech lender servicing the alternative auto finance market, announced a $15 million strategic investment (the "Offering") by NowLake Technology, LLC ("NowLake"), the fintech parent company of Westlake Technology Holdings and Nowcom Corporation.
  • Winston & Strawn Represents Founder SPAC
    October 20, 2021
    Winston & Strawn represented Founder SPAC (NASDAQ: FOUNU) (the “Company”) in its initial public offering of 31,625,000 units, including 4,125,000 units issued pursuant to the full exercise of the underwriters’ over-allotment option, at a price of $10.00 per unit. The units are listed on The Nasdaq Stock Market LLC (“Nasdaq”) and began trading under the ticker symbol “FOUNU” on October 15, 2021.
  • Winston & Strawn Represents Experity Ventures LLC
    October 20, 2021
    Winston & Strawn represented Experity Ventures LLC, as sponsor, and TVEST 2021A, LLC, as issuer, in connection with a $38,850,000 144A securitization of litigation funding receivables and medical receivables.
  • Marco Closes $11,500,000 ABL/PO Financing Deal for MV Communications Group
    October 20, 2021
    Miami-based fintech Marco, fueled by its recent financing round in mid-July, is generating significant growth. Marco’s $11.5MM dollar deal with MV Communications Group (MV), a company based in Doral, Florida, was just the cherry on top of a hugely successful quarter. An international electronics & accessories distributor, MV has clients throughout the U.S. and Latin America, and needed capital for continued growth. The credit line Marco provided is forecasted to expand quickly based on the business foreseen in the short term.
  • White Oak Global Advisors Closes Fifth Generation Private Credit Funds at a Total Raise Of Up To $2.3 Billion
    October 20, 2021
    White Oak Global Advisors, LLC (“White Oak”) is pleased to announce that it has successfully completed fundraising for White Oak Yield Spectrum Fund V (“the Fund”) and other associated vehicles with over $1.3 billion of total committed capital. An additional commitment of up to $1.0 billion was received for investments in specialty finance with a focus on asset-based lending.
  • Sallyport Provides $900,000 Finance for Growing Staffing Business
    October 20, 2021
    The client was referred to Sallyport via its partner in the banking industry. They were experiencing accelerated growth and with long payment cycles, this caused some cash flow issues which saw them looking for a finance partner to help them make their payroll, invest into new areas and be able to compete for bigger contracts. The client will now use the funds to pay suppliers, meet payroll and make capital investments which will fuel their growth across states and enable them to take on the larger contracts that they weren't able to previously.
  • Synergy One Lending, Inc. Announces $50.0 Million Capital Raise
    October 20, 2021
    Synergy One Lending, Inc., based in San Diego, CA, announced it has completed a $50 million corporate note financing with a consortium of institutional investors. The company intends to accelerate its investment in the growth of its distributed retail and consumer direct channels, technology and partnership development, as well as its servicing portfolio.
  • Tamara Rizkalla Joins Greenberg Traurig’s Corporate Practice in Washington, D.C.
    October 20, 2021
    Global law firm Greenberg Traurig, LLP has expanded its award-winning Corporate Practice with the addition of Tamara Rizkalla as a shareholder in the Washington, D.C. office. Rizkalla joins the firm from McGuireWoods. Rizkalla will focus her practice on health care industry transactions, regulatory, and compliance matters.
  • Monroe Capital Supports H.I.G. Capital’s Recapitalization of Health Network One
    October 20, 2021
    Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization of Health Network One (“HNO”) by private equity sponsor, H.I.G. Capital, LLC.
  • Winston & Strawn LLP Represents WebFX
    October 21, 2021
    Winston & Strawn LLP represented WebFX, a full-service digital marketing agency, in connection with its capital investment from Trilantic North America, a growth-focused middle market private equity firm focused on control and significant minority investments in North America.
  • Randy Mitzman Joins SLR Business Credit as Managing Director and Senior Vice President
    October 21, 2021
    SLR Business Credit announced that Randy Mitzman has joined the company as a managing director and senior vice president. He will be primarily focused on SLR’s FastPay subsidiary. FastPay provides asset based loans and factoring to digital media and advertising businesses throughout the United States.
  • Yieldsteet’s Private Business Credit Announces 13 New Deals Closed during 3Q 2021
    October 21, 2021
    Yieldstreet Private Business Credit entered year two in a tremendous fashion. In 3Q 2021, YS PBC closed a total of $115 million in new deals across both consumer and commercial asset classes within various positions of the capital structure.
  • The Interface Financial Group Has Funded $21,000,000 of Digital Supply Chain Finance for Suppliers of Retail and Automotive Buyers
    October 21, 2021
    The Interface Financial Group (“IFG”) announced the funding of a $21,000,000 digital supply chain finance for suppliers of retail and automotive buyers. The early payments provided by IFG help suppliers in the US, South Asia and Europe to navigate through a challenging time of supply chain disruptions caused by the Covid-19 epidemic.
  • Online Bidding Now Underway for Large Inventory of Oil-and-Gas Line Pipe in Auction by Tiger Liquidity Services Energy Partners
    October 21, 2021
    Bidding is underway in the timed online auction of more than 300,000 feet of line pipe formerly owned by Fort Morgan, Colorado-based Catamount Oilfield Services, announced Tiger Group and Liquidity Services (NASDAQ: LQDT). The auction is the latest offering by the two companies, which in 2016 formed a strategic partnership—Tiger Liquidity Services Energy Partners—focused on directly assisting those seeking to sell surplus oil-and-gas assets.
  • Village Fertility Secures $12M in Debt Financing from ORIX Corporation USA's Growth Capital Group
    October 21, 2021
    VFP Pharmacy Group ("Village", "VFP", or the "Company"), a portfolio company of BelHealth Investment Partners, LLC ("BelHealth"), a healthcare private equity firm based in Fort Lauderdale, Florida, announced the completion of a financing from ORIX Corporation USA's Growth Capital team. VFP has established itself as one of the leading fertility pharmacies in the country and is dedicated to servicing patients, providers, and payors in this market.
  • Alvarez & Marsal Bolsters Healthcare Technology Advisory and Transformation Services with Addition of Christopher Smith as Leader
    October 21, 2021
    Leading global professional services firm Alvarez & Marsal (A&M) has substantially expanded its Healthcare Industry Group’s Technology Advisory and Transformation Services led by newly appointed Managing Director, Christopher Smith and Senior Directors Philip Handal and JoyAnn Book. These hires demonstrate A&M’s commitment to solving healthcare organizations’ complex problems with “big bet” digital and technology transformation initiatives.
  • Hedaya Capital is Pleased to Announce an Advance Factoring Facility Provided to an Italian Kosher Food Company, Projecting $10,000,000 in Sales
    October 21, 2021
    The company manufactures and distributes certified kosher ravioli, gnocchi, pizza, desserts, ice cream, and other food products made in Italy. This client was brought in by Hedaya Capital’s new business development officer Irwin “I.D.” Dayan; who comes to Hedaya with 15 years’ experience serving as the executive director of Exceed Network, a premier community-based business advisory and assistance organization. Now at Hedaya Capital, Irwin is assisting rapidly growing companies with factoring and financing solutions.
  • LiquidX Announces InBlock Digital Policy Management for Trade Credit Insurance
    October 21, 2021
    The trade credit insurance ecosystem loses over a billion dollars annually due to process inefficiencies, lack of transparency, and human error. InBlock Digital Policy Management leverages blockchain technology, AI, and machine learning, allowing market participants to reduce risk, increase efficiency, and scale through automation.
  • Raymond James Financial to Acquire TriState Capital Holdings
    October 21, 2021
    The acquisition is subject to customary closing conditions, including regulatory approvals and approval by TriState Capital shareholders, and is expected to close in 2022. Advisors to Raymond James are Raymond James & Associates as financial advisor and Sullivan & Cromwell LLP as legal counsel. Advisors to TriState Capital are Stephens Inc. as financial advisor and Mayer Brown LLP as legal counsel.
  • Gerber Finance Provides $8MM Line of Credit to Humm Kombucha
    October 20, 2021
    Gerber Finance, an eCapital company and the leading finance partner for companies experiencing accelerated growth, today announced the closing of a $8MM line of credit to Humm Kombucha, maker of probiotic kombucha drinks.
  • Axis Announces $15 Million Strategic Investment by NowLake Technology, LLC
    October 20, 2021
    Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) a fintech lender servicing the alternative auto finance market, announced a $15 million strategic investment (the "Offering") by NowLake Technology, LLC ("NowLake"), the fintech parent company of Westlake Technology Holdings and Nowcom Corporation.
  • Winston & Strawn Represents Founder SPAC
    October 20, 2021
    Winston & Strawn represented Founder SPAC (NASDAQ: FOUNU) (the “Company”) in its initial public offering of 31,625,000 units, including 4,125,000 units issued pursuant to the full exercise of the underwriters’ over-allotment option, at a price of $10.00 per unit. The units are listed on The Nasdaq Stock Market LLC (“Nasdaq”) and began trading under the ticker symbol “FOUNU” on October 15, 2021.
  • Winston & Strawn Represents Experity Ventures LLC
    October 20, 2021
    Winston & Strawn represented Experity Ventures LLC, as sponsor, and TVEST 2021A, LLC, as issuer, in connection with a $38,850,000 144A securitization of litigation funding receivables and medical receivables.
  • Marco Closes $11,500,000 ABL/PO Financing Deal for MV Communications Group
    October 20, 2021
    Miami-based fintech Marco, fueled by its recent financing round in mid-July, is generating significant growth. Marco’s $11.5MM dollar deal with MV Communications Group (MV), a company based in Doral, Florida, was just the cherry on top of a hugely successful quarter. An international electronics & accessories distributor, MV has clients throughout the U.S. and Latin America, and needed capital for continued growth. The credit line Marco provided is forecasted to expand quickly based on the business foreseen in the short term.
  • White Oak Global Advisors Closes Fifth Generation Private Credit Funds at a Total Raise Of Up To $2.3 Billion
    October 20, 2021
    White Oak Global Advisors, LLC (“White Oak”) is pleased to announce that it has successfully completed fundraising for White Oak Yield Spectrum Fund V (“the Fund”) and other associated vehicles with over $1.3 billion of total committed capital. An additional commitment of up to $1.0 billion was received for investments in specialty finance with a focus on asset-based lending.
  • Sallyport Provides $900,000 Finance for Growing Staffing Business
    October 20, 2021
    The client was referred to Sallyport via its partner in the banking industry. They were experiencing accelerated growth and with long payment cycles, this caused some cash flow issues which saw them looking for a finance partner to help them make their payroll, invest into new areas and be able to compete for bigger contracts. The client will now use the funds to pay suppliers, meet payroll and make capital investments which will fuel their growth across states and enable them to take on the larger contracts that they weren't able to previously.
  • Synergy One Lending, Inc. Announces $50.0 Million Capital Raise
    October 20, 2021
    Synergy One Lending, Inc., based in San Diego, CA, announced it has completed a $50 million corporate note financing with a consortium of institutional investors. The company intends to accelerate its investment in the growth of its distributed retail and consumer direct channels, technology and partnership development, as well as its servicing portfolio.
  • Tamara Rizkalla Joins Greenberg Traurig’s Corporate Practice in Washington, D.C.
    October 20, 2021
    Global law firm Greenberg Traurig, LLP has expanded its award-winning Corporate Practice with the addition of Tamara Rizkalla as a shareholder in the Washington, D.C. office. Rizkalla joins the firm from McGuireWoods. Rizkalla will focus her practice on health care industry transactions, regulatory, and compliance matters.
  • Monroe Capital Supports H.I.G. Capital’s Recapitalization of Health Network One
    October 20, 2021
    Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization of Health Network One (“HNO”) by private equity sponsor, H.I.G. Capital, LLC.