AETEA Information Technology, Inc. (“AETEA”) is a provider of IT Human Capital Management, with a strong specialization in life sciences. Founded and led by seasoned industry expert, Jeffrey Sardis, the Pennsylvania-based company has been providing contract IT solutions to a diversified client base, for over 35 years. AETEA has built a strong reputation within the marketplace as an adaptable service provider with the ability to deliver highly customized staffing solutions.

Versant Funding LLC is pleased to announce it has funded a $3 million non-recourse factoring transaction to a supplier to the oil and gas industry. Since the energy sector has rebounded from the impacts of the pandemic, this company has experienced increasing demand for their products. Meeting this demand from both new and existing customers is putting increasing strain on the company’s working capital position.

BMO Harris Bank announced today the opening of a new commercial banking office in Denver, Colorado. Led by Brian Russ, the team will be focused on providing mid-market businesses throughout Colorado with access to BMO's full array of financial services and industry expertise.

Crestmark, the Commercial Finance Division of MetaBank®, N.A., secured a total of $48,850,000 in ABL/factoring financial solutions for 14 new clients; Crestmark Equipment Finance provided $11,977,955 in 13 new transactions; Crestmark Vendor Finance provided $3,492,993 in 37 new transactions; and the Government Guaranteed Lending group provided $2,255,000 in financing for three new clients in the second half of May.

KKR, a leading global investment firm, today announced the launch of AV AirFinance Limited (“AV AirFinance”), a global commercial aviation loan servicer established by a team of experienced industry professionals together with KKR. The new secured loan servicing platform combines stable, long-term capital and decades of experience structuring commercial aircraft loan transactions to offer creative and innovative financing solutions to commercial aviation customers around the world.

ATB Capital Markets and BMO Capital Markets acted as financial advisors to Strathcona in connection with the transaction. CIBC Capital Markets and Scotiabank acted as financial advisors to Osum in connection with the transaction. TD Securities, RBC Capital Markets, Scotia Capital, CIBC Capital Markets, and BMO Capital Markets served as Co-Lead Arrangers and Joint Bookrunners on Strathcona's new covenant-based credit facility.

Hertz Global Holdings, Inc. (OTCPK:HTZGQ) ("Hertz" or the "Company") today announced that the Bankruptcy Court confirmed the Company's Plan of Reorganization (the "Plan"). The Plan unimpairs all classes of creditors (who are legally deemed to have accepted it) and was approved by more than 97% of voting shareholders. The Court's approval clears the way for Hertz to emerge from Chapter 11 by the end of June 2021.

The Miami-based fintech and trade finance specialist has added three new industry experts to its Business Development team. Chip Scoggins; Carlos M. Herrera and William C. Avedon have joined the business development team.

Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $4MM revolving A/R and inventory credit facility to a privately owned Canning Company. The Company, which was recently acquired, is focused on growing its customer base while working on integrating its business lines. Management needed an experienced and dependable lending partner to provide working capital while they tackled the post-acquisition integration challenges.

Lenthor Engineering, Inc. (“Lenthor” or the “Company”), has been acquired by Fralock Holdings, LLC (“Fralock”), a portfolio company of Arsenal Capital Partners (“Arsenal”). FocalPoint Partners, LLC ("FocalPoint") served as exclusive financial advisor to Lenthor.

J D Factors announced the following factoring facilities: $200,000 to a transportation company in Nova Scotia; $00,000 to a transportation company in Georgia; $2,000,000 to a transportation company in Quebec; $100,000 to a transportation company in Texas.

LBC Credit Partners (“LBC”), one of the leading providers of financing solutions to middle market companies, provided a senior secured credit facility to support the refinancing of Evercast, add-on acquisition of Precast Supply Company, and future acquisitions. Evercast is a portfolio company of PNC Mezzanine Capital and Cornerstone Capital Partners. LBC served as Agent and Sole Lender for the senior secured credit facility.

CIT Group Inc. (NYSE: CIT) today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $17.4 million credit facility for Hynes Industries, a provider of custom metal solutions. Based in Youngstown, Ohio, Hynes Industries manufactures highly engineered custom metal products, including strip steel, rolled form shapes, flat wire and slotted angle systems, for customers across a broad range of industries.

Reitler, a full-service boutique law firm, welcomes Joseph Choi and Vincenzo Paparo to its Lending & Debt Finance practice group. Joseph Choi, joins the firm as Partner, and Vincenzo Paparo joins the firm as Senior Counsel; both will be based in Reitler's New York office.

Sterling National Bank's Commercial Services Group provided a recourse factoring facility totaling $1,000,000 to a Northeast based importer of precious and semi-precious stones. The factoring facility will be used to provide working capital for the company’s anticipated future growth.

Punchbowl® (www.punchbowl.com), the Company behind the critically acclaimed technology platform for events, holidays, and meaningful life memories, today announced $5.0MM in financing from SG Credit Partners, Inc. The financing was used to acquire VidHug, Inc.—a best-in-class group video platform—and to make strategic investments in mobile apps for new parents. With the acquisition of VidHug, the Company welcomes innovative technology for asynchronous video, a passionate user base that has grown exponentially over the past year, and a new team based in Ontario, Canada.

ACORE Capital, LP (“ACORE”), one of the largest global credit managers focused exclusively on commercial real estate lending, is pleased to announce that Kyle Jeffers and Tony Fineman have been promoted to Co-Heads of Origination. In this role, Jeffers and Fineman will oversee all of ACORE’s origination activities and report directly to Co-Chief Executive Officers Warren de Haan and Chris Tokarski.

Capital Southwest Corporation (“Capital Southwest”) (Nasdaq:CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today that it recently supported New Harbor Capital (“NHC”) in its majority growth equity investment in Food Technology and Design, LLC dba FoodPharma LLC (“FoodPharma” or the “Company”) with a revolving credit facility, first lien term loan, delayed draw term loan and a minority equity co-investment.

Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today announced that its wholly owned investment adviser, Victory Capital Management Inc., has established exclusive agreements with both Nasdaq and crypto-focused asset manager Hashdex Ltd. (“Hashdex”) in advance of plans to enter the cryptocurrency market. Victory Capital will be the exclusive sponsor of private placement funds and other vehicles for U.S. investors, based on the Nasdaq Crypto Index (NCI), a multi-coin crypto index co-developed by Nasdaq and Hashdex.

Alex and Ani, LLC ("Alex and Ani" or the "Company"), creators of the iconic charm bangle and affordable meaning based jewelry, today announced that in continuation of its efforts to stabilize its business, the Company has entered into a Restructuring Support Agreement ("RSA") with its debt holders and equity sponsors regarding a comprehensive financial and operational restructuring. To implement the restructuring, the Company has commenced Chapter 11 proceedings in the United States Bankruptcy Court for the District of Delaware. Kirkland & Ellis LLP and Klehr Harrison Harvey Brazenburg LLP are serving as the Company's legal co-counsel and Portage Point Partners, LLC is serving as its financial advisor.