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.

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, 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 (“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 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.

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 (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 (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 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 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, 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 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 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 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 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 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.

CIT Group Inc. (NYSE: CIT) today announced that its Middle Market Banking business provided $14.3 million in financing to Depot Properties LLC. Depot Properties is the owner and operator of a large truck servicing terminal in Laredo, Texas, primarily occupied by TruckMovers.com, one of the nation’s leading truck shipping contract carriers.

Aligned, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announces it has increased its senior secured credit facility, the first-ever U.S. data center sustainability-linked financing, by $250 million to $1.25 billion. TD Securities (USA) LLC, Goldman Sachs Bank USA, Deutsche Bank AG, New York Branch, Wells Fargo Securities, LLC, Citizens Bank, N.A., and Nomura Securities International, Inc. acted as joint bookrunners and joint lead arrangers for the facility, which is one of the largest private debt raises in data center history.

Wolters Kluwer Legal & Regulatory U.S. today announced the launch of Bankruptcy Essentials, a digital research and analysis solution that streamlines the process of managing bankruptcy litigation and restructuring transactions. Developed and curated by industry-leading practitioners, the solution integrates expert content with intuitive topical navigation to provide lawyers and law librarians at all levels of experience with a 360-degree view of key bankruptcy issues.

Amerisource Business Capital announced the closing and funding of a $12,000,000 senior credit facility for a Texas-based provider of well integrity solutions to the oil & gas industry. The working capital was used to support the company’s global expansion plans.