• City National Names Brent Williams Executive Vice President
    December 9, 2021
    City National Bank announced today that Brent Williams has been promoted to executive vice president. Williams, who serves as head of the bank’s National Corporate Banking division, will also join City National’s Executive Committee.
  • Northpoint Commercial Finance Provides $15 Million Financing to Conecuh Brands
    December 9, 2021
    Northpoint Commercial Finance (“Northpoint”), a North American diversified financial services company, announced that it provided a $15 million senior secured revolving line of credit to Conecuh Brands, LLC (“Conecuh”). The proceeds will be used to refinance existing indebtedness and support Conecuh’s domestic and international growth.
  • King Trade Capital Provides $2 Million Purchase Order Finance Facility for a Plastic Cup Supplier
    December 9, 2021
    KTC was contacted by a large US bank who was putting together a supply chain receivable finance facility for a Plastic Cup supplier in support of their growing sales to a Fortune 500 customer.
  • Winston & Strawn Represents Seven Oaks Acquisition Corp.
    December 9, 2021
    Winston & Strawn represented Seven Oaks Acquisition Corp. (“Seven Oaks”) (Nasdaq: SVOK, SVOKU, SVOKW), a special purpose acquisition company, in connection with its business combination with Boxed, Inc. (NYSE: BOXD, BOXD WS) (“Boxed” or the “Company”), an e-commerce grocery platform which sells bulk consumables and licenses its e-commerce software to enterprise retailers.
  • Sallyport Commercial Finance Announces $2,100,000 in Financing for Commercial Laundry Services
    December 9, 2021
    The financing consists of $1.75 million in accounts receivable funding and $350,000 in equipment finance. This will lay the foundation for the client to achieve their long-term goals of further expansion and acquisition coast-to-coast in the US.
  • Winston & Strawn Represents 123-year-old Thomas Publishing Company
    December 9, 2021
    Winston & Strawn represented 123-year-old Thomas Publishing Company, a leader in product sourcing, supplier selection, and digital marketing solutions, in connection with its $300,000,000 sale to Xometry, Inc, a global marketplace for on-demand manufacturing.
  • Marco Announces $4MM ABL Facility for Hayden Products
    December 9, 2021
    The end of 2021 is fastly approaching, but that does not seem to phase Miami, FL based Fintech, Marco who announced the closing of an ABL deal, adding to its rapidly growing portfolio. Hayden Products, based in New York City, is a distributor of cosmetics and related products including soaps and dental floss, sold to mass retailers and boutiques in the United States and Canada.
  • Citizens Leads $70 Million Asset-Based Senior Credit Facility for Stonegate Capital Holdings
    December 8, 2021
    Citizens announced today that it served as Sole Lead Arranger for Chicago-based Stonegate Capital Holdings’ $70 million asset-based revolving credit facility to support its acquisition by SG Credit Partners. Stonegate is a leading provider of asset-based credit facilities, typically ranging from $2 million to $10 million, to companies in both the United States and Canada. The deal establishes SG Credit as a leading lower middle market credit platform delivering a complete range of credit solutions for companies primarily in the consumer sector, including food and beverage, naturals, beauty, ecommerce and fashion.
  • USA Compression Partners Announces New Credit Facility
    December 8, 2021
    USA Compression Partners, LP (NYSE: USAC) (“USA Compression” or the “Partnership”) announced today that it had entered into the Seventh Amended and Restated Credit Agreement effective today, December 8, 2021, extending the maturity of its senior secured credit facility until December 2026. The credit facility is led by J.P. Morgan and includes 17 additional financial institutions with a combined commitment of $1.6 billion.
  • Mercuria Secures RCF for North American Operations
    December 8, 2021
    Global commodities trader Mercuria has closed an oversubscribed US$2.2bn revolving credit facility from a group of banks in North America. Financing will back the company’s working capital needs in the region, as well as wider efforts to boost Mercuria’s renewable portfolio on the continent and transition towards greener business.
  • Angelo Gordon Appoints Head of ESG Allison Binns to Enhance Firm’s Strategic Approach
    December 8, 2021
    Angelo Gordon, a $48 billion alternative investment firm focused on credit and real estate investing, today announced that Allison Binns, former Executive Director for Global Sustainability Research at Morgan Stanley, has joined the firm as Head of Environmental, Social & Governance (ESG) and Sustainable Investing Strategies. In this new role, Ms. Binns will lead and drive a best-in-class, strategic approach to ESG integration and opportunity across Angelo Gordon’s global platform.
  • Greystone Grows Commercial Team and Structured Finance Business
    December 8, 2021
    Greystone, a leading national commercial real estate finance company, announced that its commercial team, led by Scott Chisholm, has hired Gary Stellato as Managing Director and Counsel and Peter Fogarty as a Director. Greystone’s commercial platform focuses on originations across all of Greystone’s capital sources and manages institutional structured finance business solutions for large multifamily, office, retail, hospitality, and industrial assets.
  • First Financial to Acquire Summit Funding Group
    December 8, 2021
    Lazard served as First Financial's financial advisor on the transaction, and Squire Patton Boggs (US) LLP served as legal counsel. Keefe, Bruyette & Woods, a Stifel Company, served as financial advisor to Summit, and Taft Stettinius & Hollister LLP served as legal counsel.
  • Winston & Strawn Names 21 New U.S. Partners
    December 8, 2021
    Winston & Strawn LLP is pleased to announce that 21 attorneys have been elevated to partner. The class represents Winston's ongoing commitment to diversity with 42.8 percent being women, persons of color, and LGBTQ+. Established members of eight different practice areas and seven U.S. offices, this year's slate of new partners highlights both the breadth of our practices as well as the firm's growth in key markets.
  • Quasar Capital Partners Announces Robert Center as Account Manager
    December 8, 2021
    For the last seven years, Robert has served in an industry that specializes in helping people transition and move their lives and families across the country. He excels in recommending high-impact solutions that help small businesses achieve profitability and individual clients reach their goals. His intellectual curiosity and passion for technology characterize him as a lifelong learner. From building his own computers to showing a co-worker a shortcut to make their life easier, Robert believes that we all have something that we can learn from one another.
  • Mixed Signals in Commercial Real Estate Call for Renewed Emphasis on Data-Driven Strategies, Advises A&G Executive
    December 8, 2021
    Mixed marketplace signals underscore the need for turnaround and restructuring professionals to put an even sharper focus on data and analysis in commercial real estate projects, writes Andrew Graiser, Co-President of A&G Real Estate Partners, in the December issue of The Journal of Corporate Renewal (JCR).
  • Peapack-Gladstone Bank Hires Katherine M. Dickenson, Esq. as Senior Managing Director, Assistant General Counsel
    December 7, 2021
    Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce the appointment of Katherine M. Dickenson, Esq. as Senior Managing Director, Assistant General Counsel.
  • William Blair Adds Managing Director in Chicago
    December 7, 2021
    William Blair, a global boutique with expertise in investment banking, investment management, and private wealth management, has appointed Jim Conniff as a managing director in the firm’s investment banking group.
  • Watsonville Community Hospital Enters Chapter 11 Filing as It Finalizes Stalking Horse Asset Purchase Agreement
    December 7, 2021
    The hospital is being advised by the law firm of Pachulski Stang Ziehl & Jones LLP, led by attorneys Debra Grassgreen, Maxim Litvak and Steven Golden. The cases were filed in the U.S. Bankruptcy Court for the Northern District of California, San Jose Division. Judge M. Elaine Hammond is the presiding judge.
  • Jackman Launches Two New Diligence Offerings -- Increases Odds Of Success For Private Equity Partners
    December 7, 2021
    Jackman announced today two new diligence offerings designed to help Private Equity partners quickly evaluate the full potential of a target asset along with possible future paths, and inform investment thesis development and deal valuation.
  • City National Names Brent Williams Executive Vice President
    December 9, 2021
    City National Bank announced today that Brent Williams has been promoted to executive vice president. Williams, who serves as head of the bank’s National Corporate Banking division, will also join City National’s Executive Committee.
  • Northpoint Commercial Finance Provides $15 Million Financing to Conecuh Brands
    December 9, 2021
    Northpoint Commercial Finance (“Northpoint”), a North American diversified financial services company, announced that it provided a $15 million senior secured revolving line of credit to Conecuh Brands, LLC (“Conecuh”). The proceeds will be used to refinance existing indebtedness and support Conecuh’s domestic and international growth.
  • King Trade Capital Provides $2 Million Purchase Order Finance Facility for a Plastic Cup Supplier
    December 9, 2021
    KTC was contacted by a large US bank who was putting together a supply chain receivable finance facility for a Plastic Cup supplier in support of their growing sales to a Fortune 500 customer.
  • Winston & Strawn Represents Seven Oaks Acquisition Corp.
    December 9, 2021
    Winston & Strawn represented Seven Oaks Acquisition Corp. (“Seven Oaks”) (Nasdaq: SVOK, SVOKU, SVOKW), a special purpose acquisition company, in connection with its business combination with Boxed, Inc. (NYSE: BOXD, BOXD WS) (“Boxed” or the “Company”), an e-commerce grocery platform which sells bulk consumables and licenses its e-commerce software to enterprise retailers.
  • Sallyport Commercial Finance Announces $2,100,000 in Financing for Commercial Laundry Services
    December 9, 2021
    The financing consists of $1.75 million in accounts receivable funding and $350,000 in equipment finance. This will lay the foundation for the client to achieve their long-term goals of further expansion and acquisition coast-to-coast in the US.
  • Winston & Strawn Represents 123-year-old Thomas Publishing Company
    December 9, 2021
    Winston & Strawn represented 123-year-old Thomas Publishing Company, a leader in product sourcing, supplier selection, and digital marketing solutions, in connection with its $300,000,000 sale to Xometry, Inc, a global marketplace for on-demand manufacturing.
  • Marco Announces $4MM ABL Facility for Hayden Products
    December 9, 2021
    The end of 2021 is fastly approaching, but that does not seem to phase Miami, FL based Fintech, Marco who announced the closing of an ABL deal, adding to its rapidly growing portfolio. Hayden Products, based in New York City, is a distributor of cosmetics and related products including soaps and dental floss, sold to mass retailers and boutiques in the United States and Canada.
  • Citizens Leads $70 Million Asset-Based Senior Credit Facility for Stonegate Capital Holdings
    December 8, 2021
    Citizens announced today that it served as Sole Lead Arranger for Chicago-based Stonegate Capital Holdings’ $70 million asset-based revolving credit facility to support its acquisition by SG Credit Partners. Stonegate is a leading provider of asset-based credit facilities, typically ranging from $2 million to $10 million, to companies in both the United States and Canada. The deal establishes SG Credit as a leading lower middle market credit platform delivering a complete range of credit solutions for companies primarily in the consumer sector, including food and beverage, naturals, beauty, ecommerce and fashion.
  • USA Compression Partners Announces New Credit Facility
    December 8, 2021
    USA Compression Partners, LP (NYSE: USAC) (“USA Compression” or the “Partnership”) announced today that it had entered into the Seventh Amended and Restated Credit Agreement effective today, December 8, 2021, extending the maturity of its senior secured credit facility until December 2026. The credit facility is led by J.P. Morgan and includes 17 additional financial institutions with a combined commitment of $1.6 billion.
  • Mercuria Secures RCF for North American Operations
    December 8, 2021
    Global commodities trader Mercuria has closed an oversubscribed US$2.2bn revolving credit facility from a group of banks in North America. Financing will back the company’s working capital needs in the region, as well as wider efforts to boost Mercuria’s renewable portfolio on the continent and transition towards greener business.
  • Angelo Gordon Appoints Head of ESG Allison Binns to Enhance Firm’s Strategic Approach
    December 8, 2021
    Angelo Gordon, a $48 billion alternative investment firm focused on credit and real estate investing, today announced that Allison Binns, former Executive Director for Global Sustainability Research at Morgan Stanley, has joined the firm as Head of Environmental, Social & Governance (ESG) and Sustainable Investing Strategies. In this new role, Ms. Binns will lead and drive a best-in-class, strategic approach to ESG integration and opportunity across Angelo Gordon’s global platform.
  • Greystone Grows Commercial Team and Structured Finance Business
    December 8, 2021
    Greystone, a leading national commercial real estate finance company, announced that its commercial team, led by Scott Chisholm, has hired Gary Stellato as Managing Director and Counsel and Peter Fogarty as a Director. Greystone’s commercial platform focuses on originations across all of Greystone’s capital sources and manages institutional structured finance business solutions for large multifamily, office, retail, hospitality, and industrial assets.
  • First Financial to Acquire Summit Funding Group
    December 8, 2021
    Lazard served as First Financial's financial advisor on the transaction, and Squire Patton Boggs (US) LLP served as legal counsel. Keefe, Bruyette & Woods, a Stifel Company, served as financial advisor to Summit, and Taft Stettinius & Hollister LLP served as legal counsel.
  • Winston & Strawn Names 21 New U.S. Partners
    December 8, 2021
    Winston & Strawn LLP is pleased to announce that 21 attorneys have been elevated to partner. The class represents Winston's ongoing commitment to diversity with 42.8 percent being women, persons of color, and LGBTQ+. Established members of eight different practice areas and seven U.S. offices, this year's slate of new partners highlights both the breadth of our practices as well as the firm's growth in key markets.
  • Quasar Capital Partners Announces Robert Center as Account Manager
    December 8, 2021
    For the last seven years, Robert has served in an industry that specializes in helping people transition and move their lives and families across the country. He excels in recommending high-impact solutions that help small businesses achieve profitability and individual clients reach their goals. His intellectual curiosity and passion for technology characterize him as a lifelong learner. From building his own computers to showing a co-worker a shortcut to make their life easier, Robert believes that we all have something that we can learn from one another.
  • Mixed Signals in Commercial Real Estate Call for Renewed Emphasis on Data-Driven Strategies, Advises A&G Executive
    December 8, 2021
    Mixed marketplace signals underscore the need for turnaround and restructuring professionals to put an even sharper focus on data and analysis in commercial real estate projects, writes Andrew Graiser, Co-President of A&G Real Estate Partners, in the December issue of The Journal of Corporate Renewal (JCR).
  • Peapack-Gladstone Bank Hires Katherine M. Dickenson, Esq. as Senior Managing Director, Assistant General Counsel
    December 7, 2021
    Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce the appointment of Katherine M. Dickenson, Esq. as Senior Managing Director, Assistant General Counsel.
  • William Blair Adds Managing Director in Chicago
    December 7, 2021
    William Blair, a global boutique with expertise in investment banking, investment management, and private wealth management, has appointed Jim Conniff as a managing director in the firm’s investment banking group.
  • Watsonville Community Hospital Enters Chapter 11 Filing as It Finalizes Stalking Horse Asset Purchase Agreement
    December 7, 2021
    The hospital is being advised by the law firm of Pachulski Stang Ziehl & Jones LLP, led by attorneys Debra Grassgreen, Maxim Litvak and Steven Golden. The cases were filed in the U.S. Bankruptcy Court for the Northern District of California, San Jose Division. Judge M. Elaine Hammond is the presiding judge.
  • Jackman Launches Two New Diligence Offerings -- Increases Odds Of Success For Private Equity Partners
    December 7, 2021
    Jackman announced today two new diligence offerings designed to help Private Equity partners quickly evaluate the full potential of a target asset along with possible future paths, and inform investment thesis development and deal valuation.