• LBC Small Cap Supports the Growth of Premium Service Brands
    September 28, 2021
    – LBC Small Cap, an affiliate of LBC Credit Partners, provided senior secured credit facilities to Premium Service Brands (“PSB” or the “Company”), a Charlottesville, VA based multi-brand franchisor and portfolio company of Susquehanna Private Capital (“SPC”). The investment will support PSB’s acquisition of The Grout Medic, a 67-location tile and grout cleaning and restoration franchise.
  • Siena Healthcare Finance Provided A $12.0MM Facility To A Private Equity Backed Infusion Pharmacy Company
    September 28, 2021
    Siena Healthcare Finance recently provided a $12.0MM working capital facility for a private equity backed, multi-state provider of specialty pharmaceutical, infusion and nutritional therapy services for patients with chronic illnesses and health issues.
  • FocalPoint Advises Zio on its Sale to Hudson Pacific Properties
    September 28, 2021
    Zio Studio Services (“Zio” or the “Company”), the leading provider of one-stop-shop production equipment rental services, has been acquired by Hudson Pacific Properties (“Hudson Pacific”) alongside an acquisition of Star Waggons. Zio’s founder, Louis Dargenzio, and the rest of the management team will continue to lead and operate the Company. FocalPoint Partners (“FocalPoint”) served as exclusive financial advisor to Zio.
  • University of Maine System to Expand Facilities with $43 Million in Bond Financing from TD Bank
    September 28, 2021
    TD Bank, America's Most Convenient Bank®, announced today that its New England Education, Not-for-Profit and Government Finance Group closed $43 million in financing to support building expansions within the University of Maine System (UMS).
  • White Oak Real Estate Capital Closes Its First Loan Investment
    September 28, 2021
    White Oak Real Estate Capital (“WOREC”) announced today that it has provided a $28.45 million senior secured loan to 1784 Capital Holdings for the development of a Class-A self-storage facility in the city of Goleta, California. The deal marks the business’ first loan since WOREC launched as an affiliate of White Oak Global Advisors in July 2021.
  • CIBC Innovation Banking Expands to the UK with Opening of London Office
    September 28, 2021
    CIBC Innovation Banking is pleased to announce the opening of its new office in London to support the ambitions of UK-based entrepreneurs and their Venture Capital-backers by providing growth capital across a number of innovation ecosystems.
  • Crossroads Systems, Inc. Announces Merger With Rise Line Business Credit
    September 28, 2021
    Crossroads Systems, Inc. ("Crossroads")(OTCQX: CRSS), a holding company focused on investing in businesses that promote economic vitality and community development, announced today a merger with Rise Line Business Credit, LLC ("Rise Line"), a nationwide asset-based lending firm that provides innovative working capital solutions.
  • J.P. Morgan Private Capital Appoints Luke Sikora to Growth Equity Partners Platform
    September 28, 2021
    J.P. Morgan Private Capital today announced the appointment of Luke Sikora as a Partner of its Growth Equity Partners platform. Mr. Sikora will serve as a member of the Investment Committee and help lead the platform's investing efforts on the West Coast.
  • Gerald Group Closes US$450 Million North American Borrowing Base Facility with Record Oversubscription
    September 28, 2021
    Gerald Group ("Gerald"), the world's largest independent and employee-owned metals trading house is pleased to announce the successful refinancing of Gerald's North American trading hub GT Commodities LLC's ("GTC") Borrowing Base Facility ("BBF") closed at US$450 million.
  • Corium Secures $235 Million in Debt Financing
    September 28, 2021
    Corium, Inc. (Corium), a commercial-stage biopharmaceutical company leading the development and commercialization of novel central nervous system (CNS) therapies, today announces that it has closed on a $235 million term loan agreement with Hercules Capital, Inc. (NYSE: HTGC), a leader in specialty financing for life science and technology companies. Corium will receive an initial tranche of $100 million, and the remaining funds will be available in three additional tranches upon the achievement of certain pre-defined milestones.
  • Monroe Capital Closes $505 Million Collateralized Loan Obligation Transaction
    September 28, 2021
    Monroe Capital LLC (“Monroe”) today announced the closing of a $505 million term debt securitization known as Monroe Capital MML CLO XII, LTD. The term financing was Monroe’s seventh CLO completed since March 2018 and is secured by a portfolio of middle market senior secured loans.
  • CBL Expands Into California: Pioneering ABL Firm Now in 13 States
    September 28, 2021
    Context Business Lending, LLC (“CBL”) a family office-backed leading, national asset-based lender, announced today its expansion into the California market and the hiring of three additional team members to support its continued fast-paced growth. CBL recruited Lucy Czismas, a well-known figure in the California specialty finance market, to be its first west-coast based director of business development. Industry veteran MJ Hilker brings to CBL over 30 years’ experience in finance and investing, joining the company as director of portfolio management. Harmeet Sohal, based in Sacramento, CA, was hired as a senior collateral analyst.
  • Former Wells Fargo Senior Managing Director Jim Marasco Joins Gibraltar’s Board of Directors
    September 28, 2021
    Gibraltar Business Capital is proud to announce that Jim Marasco, a widely respected senior executive leader with an extensive tenure at Wells Fargo Capital Finance, has been appointed to its Board of Directors. Jim has deep expertise in all aspects of secured and asset-based lending, leveraged finance, transaction sourcing and portfolio management.
  • PlainsCapital Bank’s San Antonio Lending Group Welcomes Jamie Gutierrez
    September 27, 2021
    PlainsCapital Bank recently announced that Jamie Gutierrez has joined its San Antonio lending group as vice president, commercial loan officer. Gutierrez has more than 22 years of financial services experience, including small business lending, lines of credit, and healthcare and dental banking. Prior to joining PlainsCapital, Jamie was with Sunflower Bank, N.A. where she served as a business banking officer specializing in medical banking.
  • BHI Healthcare Group finances Lionstone Care Acquisition of assisted living/memory care facility in Southern New Jersey
    September 27, 2021
    BHI, a full-service commercial bank, announced that its Healthcare Group has provided $31.1 million to Lionstone Care for the acquisition of an assisted living and memory care facility in Southern New Jersey. The facility has 110 units and is licensed for 130 beds. Amenities at the facility include five living rooms, a library, game room, tearoom, three dining rooms, a beauty salon, and a variety of activities for residents.
  • Ocean Bank Funds $2.5 Million Factoring Facility To Growing Toy Manufacturer
    September 27, 2021
    Ocean Bank announced its Factoring Division has closed and funded a $2.5 million Factoring & Purchase Order (PO) Financing Facility to a leading growing toy manufacturer headquartered in the Southeast.
  • J D Factors Announces Factoring Facilities
    September 27, 2021
    J D Factors announced it has provided the following factoring facilities: $200,000 to a transportation company in New Jersey; $100,000 to a transportation company in Georgia; $100,000 to a transportation company in South Carolina; $100,000 to a transportation company in Alberta...
  • A&G Wins Third Award for its Role in Tuesday Morning’s Chapter 11 Restructuring and Second for GNC’s Successful Turnaround
    September 27, 2021
    For its work on the restructurings of GNC and Tuesday Morning, A&G Real Estate Partners was among the winners of The M&A Advisor’s 15th-Annual Turnaround Awards. It was the third such award presented to A&G—an advisory firm specializing in lease restructuring, real estate sales and auctions nationwide—for its work on Tuesday Morning, and the second such recognition of the firm’s role in the restructuring of GNC. (Those prior awards came from the Global M&A Network and the Turnaround Management Association.)
  • Texas Capital Bancshares Appoints Anna M. Alvarado as Chief Legal Officer and Corporate Secretary
    September 27, 2021
    Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank (“the Bank”), today announced that Anna M. Alvarado has been appointed Executive Vice President, Chief Legal Officer and Corporate Secretary, effective October 15, 2021. Ms. Alvarado will report to Rob C. Holmes, President and Chief Executive Officer.
  • Russell A. Colombo Announces Retirement as Chief Executive Officer; Bank of Marin Names Tim Myers President and CEO
    September 27, 2021
    -Russell A. Colombo, Chief Executive Officer of Bank of Marin and Bank of Marin Bancorp, has formally announced his retirement, effective October 31, 2021. The Board of Directors of Bank of Marin Bancorp (“Bancorp”) (Nasdaq: BMRC), parent company of Bank of Marin (the “Bank”), named Tim Myers, age 51, currently President and Chief Operating Officer as his successor. Tim Myers will assume the role of CEO on November 1, 2021.
  • LBC Small Cap Supports the Growth of Premium Service Brands
    September 28, 2021
    – LBC Small Cap, an affiliate of LBC Credit Partners, provided senior secured credit facilities to Premium Service Brands (“PSB” or the “Company”), a Charlottesville, VA based multi-brand franchisor and portfolio company of Susquehanna Private Capital (“SPC”). The investment will support PSB’s acquisition of The Grout Medic, a 67-location tile and grout cleaning and restoration franchise.
  • Siena Healthcare Finance Provided A $12.0MM Facility To A Private Equity Backed Infusion Pharmacy Company
    September 28, 2021
    Siena Healthcare Finance recently provided a $12.0MM working capital facility for a private equity backed, multi-state provider of specialty pharmaceutical, infusion and nutritional therapy services for patients with chronic illnesses and health issues.
  • FocalPoint Advises Zio on its Sale to Hudson Pacific Properties
    September 28, 2021
    Zio Studio Services (“Zio” or the “Company”), the leading provider of one-stop-shop production equipment rental services, has been acquired by Hudson Pacific Properties (“Hudson Pacific”) alongside an acquisition of Star Waggons. Zio’s founder, Louis Dargenzio, and the rest of the management team will continue to lead and operate the Company. FocalPoint Partners (“FocalPoint”) served as exclusive financial advisor to Zio.
  • University of Maine System to Expand Facilities with $43 Million in Bond Financing from TD Bank
    September 28, 2021
    TD Bank, America's Most Convenient Bank®, announced today that its New England Education, Not-for-Profit and Government Finance Group closed $43 million in financing to support building expansions within the University of Maine System (UMS).
  • White Oak Real Estate Capital Closes Its First Loan Investment
    September 28, 2021
    White Oak Real Estate Capital (“WOREC”) announced today that it has provided a $28.45 million senior secured loan to 1784 Capital Holdings for the development of a Class-A self-storage facility in the city of Goleta, California. The deal marks the business’ first loan since WOREC launched as an affiliate of White Oak Global Advisors in July 2021.
  • CIBC Innovation Banking Expands to the UK with Opening of London Office
    September 28, 2021
    CIBC Innovation Banking is pleased to announce the opening of its new office in London to support the ambitions of UK-based entrepreneurs and their Venture Capital-backers by providing growth capital across a number of innovation ecosystems.
  • Crossroads Systems, Inc. Announces Merger With Rise Line Business Credit
    September 28, 2021
    Crossroads Systems, Inc. ("Crossroads")(OTCQX: CRSS), a holding company focused on investing in businesses that promote economic vitality and community development, announced today a merger with Rise Line Business Credit, LLC ("Rise Line"), a nationwide asset-based lending firm that provides innovative working capital solutions.
  • J.P. Morgan Private Capital Appoints Luke Sikora to Growth Equity Partners Platform
    September 28, 2021
    J.P. Morgan Private Capital today announced the appointment of Luke Sikora as a Partner of its Growth Equity Partners platform. Mr. Sikora will serve as a member of the Investment Committee and help lead the platform's investing efforts on the West Coast.
  • Gerald Group Closes US$450 Million North American Borrowing Base Facility with Record Oversubscription
    September 28, 2021
    Gerald Group ("Gerald"), the world's largest independent and employee-owned metals trading house is pleased to announce the successful refinancing of Gerald's North American trading hub GT Commodities LLC's ("GTC") Borrowing Base Facility ("BBF") closed at US$450 million.
  • Corium Secures $235 Million in Debt Financing
    September 28, 2021
    Corium, Inc. (Corium), a commercial-stage biopharmaceutical company leading the development and commercialization of novel central nervous system (CNS) therapies, today announces that it has closed on a $235 million term loan agreement with Hercules Capital, Inc. (NYSE: HTGC), a leader in specialty financing for life science and technology companies. Corium will receive an initial tranche of $100 million, and the remaining funds will be available in three additional tranches upon the achievement of certain pre-defined milestones.
  • Monroe Capital Closes $505 Million Collateralized Loan Obligation Transaction
    September 28, 2021
    Monroe Capital LLC (“Monroe”) today announced the closing of a $505 million term debt securitization known as Monroe Capital MML CLO XII, LTD. The term financing was Monroe’s seventh CLO completed since March 2018 and is secured by a portfolio of middle market senior secured loans.
  • CBL Expands Into California: Pioneering ABL Firm Now in 13 States
    September 28, 2021
    Context Business Lending, LLC (“CBL”) a family office-backed leading, national asset-based lender, announced today its expansion into the California market and the hiring of three additional team members to support its continued fast-paced growth. CBL recruited Lucy Czismas, a well-known figure in the California specialty finance market, to be its first west-coast based director of business development. Industry veteran MJ Hilker brings to CBL over 30 years’ experience in finance and investing, joining the company as director of portfolio management. Harmeet Sohal, based in Sacramento, CA, was hired as a senior collateral analyst.
  • Former Wells Fargo Senior Managing Director Jim Marasco Joins Gibraltar’s Board of Directors
    September 28, 2021
    Gibraltar Business Capital is proud to announce that Jim Marasco, a widely respected senior executive leader with an extensive tenure at Wells Fargo Capital Finance, has been appointed to its Board of Directors. Jim has deep expertise in all aspects of secured and asset-based lending, leveraged finance, transaction sourcing and portfolio management.
  • PlainsCapital Bank’s San Antonio Lending Group Welcomes Jamie Gutierrez
    September 27, 2021
    PlainsCapital Bank recently announced that Jamie Gutierrez has joined its San Antonio lending group as vice president, commercial loan officer. Gutierrez has more than 22 years of financial services experience, including small business lending, lines of credit, and healthcare and dental banking. Prior to joining PlainsCapital, Jamie was with Sunflower Bank, N.A. where she served as a business banking officer specializing in medical banking.
  • BHI Healthcare Group finances Lionstone Care Acquisition of assisted living/memory care facility in Southern New Jersey
    September 27, 2021
    BHI, a full-service commercial bank, announced that its Healthcare Group has provided $31.1 million to Lionstone Care for the acquisition of an assisted living and memory care facility in Southern New Jersey. The facility has 110 units and is licensed for 130 beds. Amenities at the facility include five living rooms, a library, game room, tearoom, three dining rooms, a beauty salon, and a variety of activities for residents.
  • Ocean Bank Funds $2.5 Million Factoring Facility To Growing Toy Manufacturer
    September 27, 2021
    Ocean Bank announced its Factoring Division has closed and funded a $2.5 million Factoring & Purchase Order (PO) Financing Facility to a leading growing toy manufacturer headquartered in the Southeast.
  • J D Factors Announces Factoring Facilities
    September 27, 2021
    J D Factors announced it has provided the following factoring facilities: $200,000 to a transportation company in New Jersey; $100,000 to a transportation company in Georgia; $100,000 to a transportation company in South Carolina; $100,000 to a transportation company in Alberta...
  • A&G Wins Third Award for its Role in Tuesday Morning’s Chapter 11 Restructuring and Second for GNC’s Successful Turnaround
    September 27, 2021
    For its work on the restructurings of GNC and Tuesday Morning, A&G Real Estate Partners was among the winners of The M&A Advisor’s 15th-Annual Turnaround Awards. It was the third such award presented to A&G—an advisory firm specializing in lease restructuring, real estate sales and auctions nationwide—for its work on Tuesday Morning, and the second such recognition of the firm’s role in the restructuring of GNC. (Those prior awards came from the Global M&A Network and the Turnaround Management Association.)
  • Texas Capital Bancshares Appoints Anna M. Alvarado as Chief Legal Officer and Corporate Secretary
    September 27, 2021
    Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank (“the Bank”), today announced that Anna M. Alvarado has been appointed Executive Vice President, Chief Legal Officer and Corporate Secretary, effective October 15, 2021. Ms. Alvarado will report to Rob C. Holmes, President and Chief Executive Officer.
  • Russell A. Colombo Announces Retirement as Chief Executive Officer; Bank of Marin Names Tim Myers President and CEO
    September 27, 2021
    -Russell A. Colombo, Chief Executive Officer of Bank of Marin and Bank of Marin Bancorp, has formally announced his retirement, effective October 31, 2021. The Board of Directors of Bank of Marin Bancorp (“Bancorp”) (Nasdaq: BMRC), parent company of Bank of Marin (the “Bank”), named Tim Myers, age 51, currently President and Chief Operating Officer as his successor. Tim Myers will assume the role of CEO on November 1, 2021.