• Affidea Successfully Completes EUR 150 Million New Credit Facility to Support the Company's Growth Plans
    July 26, 2021
    Affidea, the leading European provider of diagnostic imaging, outpatient and cancer care services announces the successful completion of a 150 million EUR credit facility. This recent credit line will further support the company's strategy for growth.
  • Marble Financial Executes Definitive $10 Million Credit Facility Agreement With Cypress Hills Partners Inc., to Fund Its Fast-Track Loan Product
    July 26, 2021
    Marble Financial Inc. (CSE: MRBL; OTCQB: MRBLF; FSE:2V0) (“Marble” or the “Company”) an AI-driven financial technology company that educates and helps Canadians better understand and manage their current cash flow and credit towards a better financial future, is pleased to announce it has entered into an arm’s length definitive credit facility agreement (“Credit Agreement”) with CHP Agent Services Inc., a subsidiary of an independent, non-affiliated Canadian based alternative specialty lender, Cypress Hills Partners Inc. (“CHP”).
  • MUFG Hires Okeatta Brown as Head of Inclusion & Diversity for the Americas
    July 26, 2021
    Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups, today announced that it has hired Okeatta Brown as Head of Inclusion & Diversity (I&D) for the Americas. Ms. Brown, a nationally recognized leader in diversity, equity, inclusion (DEI), and engagement, will join MUFG to elevate and enhance the bank's I&D efforts in the region. She will be based in Charlotte, North Carolina, and report to Amy Ward, Chief Human Resources Officer for the Americas.
  • Peter Zlotnick Appointed To New York City Bar Association's Cooperative & Condominium Law Committee
    July 26, 2021
    Peter B. Zlotnick, a Partner of Moritt Hock & Hamroff LLP, was recently appointed by the New York City Bar Association (NYCB) to serve on its Cooperative & Condominium Law Committee, effective August 1, 2021, for a three-year term. The NYCB's Cooperative and Condominium Law Committee addresses issues pertaining to cooperative and condominium housing law in a variety of areas.
  • LSQ Provides $5MM Factoring Facility to AL Staffing Agency
    July 26, 2021
    LSQ, a leading provider of working capital solutions, announced the origination of a $5 million facility for a growing staffing agency in Alabama. The facility helped address several strategic business needs. The agency was able to leverage their current accounts receivable to complete a management buyout— generating sufficient capital to complete the transaction without incurring additional term debt.
  • Online Auctions from Tiger Group and Tranzon Asset Advisors Offer Foreclosed Equipment & Real Estate of Major CBD Processor in Kentucky
    July 26, 2021
    In separate timed, online auctions scheduled for August 10, Tiger Group and Tranzon Asset Advisors are respectively offering foreclosed equipment and real estate from a major CBD processor’s 86,500-square-foot hemp processing facility in Cadiz, which is part of the Clarksville, Tenn. metropolitan area.
  • H.I.G. Capital Establishes United Flow Technologies Platform; Completes Strategic Investment in MISCOwater
    July 26, 2021
    H.I.G. Capital, a leading global alternative investment firm with over $44 billion of equity capital under management, announced today the formation of United Flow Technologies (“UFT”), a platform established to invest in the municipal and industrial water and wastewater market. H.I.G. has committed significant capital and resources to UFT to build a market leading company through transformational acquisitions and organic growth.
  • White Oak Global Advisors Announces Launch of White Oak Real Estate Capital to Expand Its Credit Offerings Into the Commercial Real Estate Sector
    July 26, 2021
    White Oak Global Advisors (“White Oak”) announced today that it has brought on Eric Tanjeloff as Managing Principal to lead White Oak Real Estate Capital (“WOREC”), a newly formed affiliate focused on credit opportunities in commercial real estate. WOREC will initially focus on direct loan origination secured by high quality real estate assets in the U.S.
  • Maryanne Lenardo Joins SLR Business Credit
    July 26, 2021
    Maryanne Lenardo has joined SLR Business Credit as Managing Director of Originations. She will be responsible for sourcing senior secured debt transactions (ABL and Factoring) ranging from $2MM to $30MM in the manufacturing, distribution, and service industries. Maryanne will be based in Los Angeles, covering the Western United States.
  • Former Executives of Maxium Financial Announce Launch of Care Lending Group
    July 26, 2021
    Care Lending Group (CLG) is pleased to announce the launch of its new financing company. After a two-and-a-half-year break from the financing business, CEO Paul McLean is joined by former colleagues Andrew Sunn, Dan Gilchrist, and Tim Trimper.
  • SouthState Corporation and Atlantic Capital Bancshares Announce Merger Agreement
    July 26, 2021
    SouthState Corporation (NASDAQ: SSB) (“SouthState” or the “Company”) and Atlantic Capital Bancshares, Inc. (NASDAQ: ACBI) (“Atlantic Capital”) jointly announced today the signing of a definitive agreement pursuant to which Atlantic Capital will merge with and into SouthState in an all-stock transaction with an aggregate value of approximately $542 million, or $26.43 per share of Atlantic Capital common stock.
  • Varagon Capital Partners Supports Knox Lane's Investment in Any Hour Services
    July 26, 2021
    Varagon Capital Partners (Varagon) is serving as Administrative Agent, Joint Arranger and Joint Bookrunner on a senior secured credit facility to support Knox Lane’s investment in Any Hour Services (Any Hour).
  • Intersect ENT Announces Preliminary Revenue for Second Quarter of 2021 and Closing of $60 Million Term Loan
    July 26, 2021
    Intersect ENT announced today that it entered into a $60 million secured term loan agreement with a fund managed by Deerfield Management Company L.P. (“Deerfield”). The term loan is structured in three $20 million tranches to provide funding for the remaining Fiagon acquisition payment over the next three years, and, in doing so, improves overall liquidity.
  • Citizens Business Conditions Index™ Reaches Highest Level in Three Years as Economic Recovery Gains Momentum
    July 26, 2021
    Citizens announced today that the strength of the economic recovery pushed this past quarter’s national Citizens Business Conditions Index™ (CBCI) to 57, its highest reading in three years and up five points compared to last year. A reading above 50 is considered expansionary.
  • Star Mountain Capital Closes Its Oversubscribed Strategic Credit Income Fund 3’s $225 Million Leverage Facility Led by ING
    July 26, 2021
    Star Mountain Capital, LLC ("Star Mountain"), a specialized investment manager, with ~$2 billion in assets under management, focused exclusively on investing in private small and medium-sized businesses (lower middle-market), is pleased to announce that it has closed a $225 million asset-based leverage facility from top quality institutional investors led by ING Capital LLC (“ING”). The lending group consists of ING, CIT, TIAA Bank, Axos Bank, East West Bank, Georgia Banking Company and Customers Bank.
  • Winston & Strawn Represents Goldman Sachs & Co. LLC
    July 26, 2021
    Winston & Strawn represented Goldman Sachs & Co. LLC as joint underwriter, in connection with Portage Fintech Acquisition Corporation’s (the "Company") initial public offering of 24,000,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Stock Market, LLC ("Nasdaq") and will trade under the ticker symbol "PFTAU" beginning July 21, 2021.
  • J D Factors Provides Factoring Facilities
    July 26, 2021
    J D Factors announced it provided the following factoring facilities: $120,000 to a transportation company in Illinois; $2,000,000 to an electrical contractor company in Colorado; $200,000 to a transportation company in Alberta, $200,000 to a transportation company in Manitoba.
  • CohnReznick Restructuring and Dispute Resolution Practice Wins Two Global M&A Network 2021 Turnaround Atlas Awards
    July 26, 2021
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that its Restructuring & Dispute Resolution practice was honored twice in the 2021 Turnaround Atlas Awards presented by Global M&A Network in a virtual awards ceremony.
  • TILT Holdings Enters Into New $10 Million Revolving Credit Facility
    July 23, 2021
    TILT Holdings Inc. (“TILT" or the “Company”) (CSE: TILT) (OTCQX: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced today that its subsidiary, Jupiter Research, LLC ("Jupiter"), has entered into a new two-year, $10 million asset-based revolving credit facility with Entrepreneur Growth Capital, LLC.
  • Hedaya Capital Issues $3,600,000 Letter of Credit for White Refined Cane Sugar transaction
    July 23, 2021
    Hedaya Capital is pleased to announce the issuance of a $3,600,000 Letter of Credit for 12,500 Metric Tons (MT) of White Refined Cane Sugar. The sugar is being produced and exported from Brazil. The transaction was arranged by an India based trading and logistics company and was introduced to Hedaya Capital by a financial consultant.
  • Affidea Successfully Completes EUR 150 Million New Credit Facility to Support the Company's Growth Plans
    July 26, 2021
    Affidea, the leading European provider of diagnostic imaging, outpatient and cancer care services announces the successful completion of a 150 million EUR credit facility. This recent credit line will further support the company's strategy for growth.
  • Marble Financial Executes Definitive $10 Million Credit Facility Agreement With Cypress Hills Partners Inc., to Fund Its Fast-Track Loan Product
    July 26, 2021
    Marble Financial Inc. (CSE: MRBL; OTCQB: MRBLF; FSE:2V0) (“Marble” or the “Company”) an AI-driven financial technology company that educates and helps Canadians better understand and manage their current cash flow and credit towards a better financial future, is pleased to announce it has entered into an arm’s length definitive credit facility agreement (“Credit Agreement”) with CHP Agent Services Inc., a subsidiary of an independent, non-affiliated Canadian based alternative specialty lender, Cypress Hills Partners Inc. (“CHP”).
  • MUFG Hires Okeatta Brown as Head of Inclusion & Diversity for the Americas
    July 26, 2021
    Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups, today announced that it has hired Okeatta Brown as Head of Inclusion & Diversity (I&D) for the Americas. Ms. Brown, a nationally recognized leader in diversity, equity, inclusion (DEI), and engagement, will join MUFG to elevate and enhance the bank's I&D efforts in the region. She will be based in Charlotte, North Carolina, and report to Amy Ward, Chief Human Resources Officer for the Americas.
  • Peter Zlotnick Appointed To New York City Bar Association's Cooperative & Condominium Law Committee
    July 26, 2021
    Peter B. Zlotnick, a Partner of Moritt Hock & Hamroff LLP, was recently appointed by the New York City Bar Association (NYCB) to serve on its Cooperative & Condominium Law Committee, effective August 1, 2021, for a three-year term. The NYCB's Cooperative and Condominium Law Committee addresses issues pertaining to cooperative and condominium housing law in a variety of areas.
  • LSQ Provides $5MM Factoring Facility to AL Staffing Agency
    July 26, 2021
    LSQ, a leading provider of working capital solutions, announced the origination of a $5 million facility for a growing staffing agency in Alabama. The facility helped address several strategic business needs. The agency was able to leverage their current accounts receivable to complete a management buyout— generating sufficient capital to complete the transaction without incurring additional term debt.
  • Online Auctions from Tiger Group and Tranzon Asset Advisors Offer Foreclosed Equipment & Real Estate of Major CBD Processor in Kentucky
    July 26, 2021
    In separate timed, online auctions scheduled for August 10, Tiger Group and Tranzon Asset Advisors are respectively offering foreclosed equipment and real estate from a major CBD processor’s 86,500-square-foot hemp processing facility in Cadiz, which is part of the Clarksville, Tenn. metropolitan area.
  • H.I.G. Capital Establishes United Flow Technologies Platform; Completes Strategic Investment in MISCOwater
    July 26, 2021
    H.I.G. Capital, a leading global alternative investment firm with over $44 billion of equity capital under management, announced today the formation of United Flow Technologies (“UFT”), a platform established to invest in the municipal and industrial water and wastewater market. H.I.G. has committed significant capital and resources to UFT to build a market leading company through transformational acquisitions and organic growth.
  • White Oak Global Advisors Announces Launch of White Oak Real Estate Capital to Expand Its Credit Offerings Into the Commercial Real Estate Sector
    July 26, 2021
    White Oak Global Advisors (“White Oak”) announced today that it has brought on Eric Tanjeloff as Managing Principal to lead White Oak Real Estate Capital (“WOREC”), a newly formed affiliate focused on credit opportunities in commercial real estate. WOREC will initially focus on direct loan origination secured by high quality real estate assets in the U.S.
  • Maryanne Lenardo Joins SLR Business Credit
    July 26, 2021
    Maryanne Lenardo has joined SLR Business Credit as Managing Director of Originations. She will be responsible for sourcing senior secured debt transactions (ABL and Factoring) ranging from $2MM to $30MM in the manufacturing, distribution, and service industries. Maryanne will be based in Los Angeles, covering the Western United States.
  • Former Executives of Maxium Financial Announce Launch of Care Lending Group
    July 26, 2021
    Care Lending Group (CLG) is pleased to announce the launch of its new financing company. After a two-and-a-half-year break from the financing business, CEO Paul McLean is joined by former colleagues Andrew Sunn, Dan Gilchrist, and Tim Trimper.
  • SouthState Corporation and Atlantic Capital Bancshares Announce Merger Agreement
    July 26, 2021
    SouthState Corporation (NASDAQ: SSB) (“SouthState” or the “Company”) and Atlantic Capital Bancshares, Inc. (NASDAQ: ACBI) (“Atlantic Capital”) jointly announced today the signing of a definitive agreement pursuant to which Atlantic Capital will merge with and into SouthState in an all-stock transaction with an aggregate value of approximately $542 million, or $26.43 per share of Atlantic Capital common stock.
  • Varagon Capital Partners Supports Knox Lane's Investment in Any Hour Services
    July 26, 2021
    Varagon Capital Partners (Varagon) is serving as Administrative Agent, Joint Arranger and Joint Bookrunner on a senior secured credit facility to support Knox Lane’s investment in Any Hour Services (Any Hour).
  • Intersect ENT Announces Preliminary Revenue for Second Quarter of 2021 and Closing of $60 Million Term Loan
    July 26, 2021
    Intersect ENT announced today that it entered into a $60 million secured term loan agreement with a fund managed by Deerfield Management Company L.P. (“Deerfield”). The term loan is structured in three $20 million tranches to provide funding for the remaining Fiagon acquisition payment over the next three years, and, in doing so, improves overall liquidity.
  • Citizens Business Conditions Index™ Reaches Highest Level in Three Years as Economic Recovery Gains Momentum
    July 26, 2021
    Citizens announced today that the strength of the economic recovery pushed this past quarter’s national Citizens Business Conditions Index™ (CBCI) to 57, its highest reading in three years and up five points compared to last year. A reading above 50 is considered expansionary.
  • Star Mountain Capital Closes Its Oversubscribed Strategic Credit Income Fund 3’s $225 Million Leverage Facility Led by ING
    July 26, 2021
    Star Mountain Capital, LLC ("Star Mountain"), a specialized investment manager, with ~$2 billion in assets under management, focused exclusively on investing in private small and medium-sized businesses (lower middle-market), is pleased to announce that it has closed a $225 million asset-based leverage facility from top quality institutional investors led by ING Capital LLC (“ING”). The lending group consists of ING, CIT, TIAA Bank, Axos Bank, East West Bank, Georgia Banking Company and Customers Bank.
  • Winston & Strawn Represents Goldman Sachs & Co. LLC
    July 26, 2021
    Winston & Strawn represented Goldman Sachs & Co. LLC as joint underwriter, in connection with Portage Fintech Acquisition Corporation’s (the "Company") initial public offering of 24,000,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Stock Market, LLC ("Nasdaq") and will trade under the ticker symbol "PFTAU" beginning July 21, 2021.
  • J D Factors Provides Factoring Facilities
    July 26, 2021
    J D Factors announced it provided the following factoring facilities: $120,000 to a transportation company in Illinois; $2,000,000 to an electrical contractor company in Colorado; $200,000 to a transportation company in Alberta, $200,000 to a transportation company in Manitoba.
  • CohnReznick Restructuring and Dispute Resolution Practice Wins Two Global M&A Network 2021 Turnaround Atlas Awards
    July 26, 2021
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that its Restructuring & Dispute Resolution practice was honored twice in the 2021 Turnaround Atlas Awards presented by Global M&A Network in a virtual awards ceremony.
  • TILT Holdings Enters Into New $10 Million Revolving Credit Facility
    July 23, 2021
    TILT Holdings Inc. (“TILT" or the “Company”) (CSE: TILT) (OTCQX: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced today that its subsidiary, Jupiter Research, LLC ("Jupiter"), has entered into a new two-year, $10 million asset-based revolving credit facility with Entrepreneur Growth Capital, LLC.
  • Hedaya Capital Issues $3,600,000 Letter of Credit for White Refined Cane Sugar transaction
    July 23, 2021
    Hedaya Capital is pleased to announce the issuance of a $3,600,000 Letter of Credit for 12,500 Metric Tons (MT) of White Refined Cane Sugar. The sugar is being produced and exported from Brazil. The transaction was arranged by an India based trading and logistics company and was introduced to Hedaya Capital by a financial consultant.
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