Retail Ecommerce Ventures (REV) has made a successful bid to acquire the business and assets of Ralph & Russo Limited, the UK-based luxury brand specialising in couture, ready-to-wear and luxury goods. Paul Appleton of Begbies Traynor Group and Andrew Andronikou of Quantuma Advisory, acting as Joint Administrators, conducted a thorough and extended sales process which generated an immense amount of global interest and resulted in numerous parties submitting bids.

Cahill Gordon & Reindel LLP announced today that that C. Anthony Wolfe and Elizabeth Yahl have been elected to the partnership. The firm also announced that Michael Wolynski would become counsel to the corporate practice.

Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today it led a $8 million venture loan facility to LiquiGlide, Inc. ("LiquiGlide"), of which Horizon funded $2 million of the initial $4 million draw and a private investment vehicle managed by Horizon Technology Finance Management LLC, Horizon's advisor, funded $2 million.

PennantPark Investment Advisers, LLC (“PennantPark”) today announced the successful closing of its fifth comingled fund, PennantPark Senior Credit Fund Levered, LP (“PSCF-Lev” or the “Fund”), securing $460 million in additional investment capacity and taking another significant step forward in the growth of the firm’s middle market private credit investment business.

Texas Capital Bank, N.A., and its parent company Texas Capital Bancshares, Inc. (NASDAQ: TCBI), collectively referred to herein as “Texas Capital Bank,” today announced that it appointed Rick Rodman to the newly created position of Head of Business Banking, effective June 21, 2021. This appointment underscores the Company’s commitment to significantly expand its Business Banking segment.

With over $5.9 billion of new equity capital being provided by Hertz's new investor group, led by Knighthead Capital Management LLC, Certares Opportunities LLC, and certain funds managed by affiliates of Apollo Capital Management, L.P., Hertz has reduced its corporate debt by nearly 80% and significantly enhanced its liquidity to fund operations and future growth. Specifically, Hertz has eliminated nearly $5.0 billion of debt, including all of Hertz Europe's corporate debt. In addition, Hertz has emerged with a new $2.8 billion exit credit facility (including an undrawn $1.3 billion revolving credit facility) and a $7.0 billion asset-backed vehicle financing facility, each having terms the Company views as extremely favorable.

Sterling Construction Company, Inc. (NasdaqGS: STRL) (“Sterling” or “the Company”) today announced that it has amended its existing credit agreement with its lending group, led by BMO Harris Bank N.A., to modify various aspects of the agreement

Sterling National Bank, the principal subsidiary of Sterling Bancorp (NYSE: STL), announced that Kevin Henry has joined the bank’s Capital Finance division as Managing Director, Commercial Services - Originations. He will report to Michael Haddad, President, Capital Finance at Sterling.

2020 was a landmark year for Paladin as the fast-growing consultancy guided a number of middle-market companies through a multitude of challenging financial, operational and strategic transitions in an unprecedented economic environment. Their commitment and dedication have been recognized by the Global M&A Network in their annual Turnaround Atlas Awards, honoring the best value-creating transactions, outstanding firms, professionals and leaders from the global restructuring, insolvency, and distressed investing communities.

B. Riley Advisory Services, a leading valuation and financial consulting firm, and a subsidiary of B. Riley Financial (NASDAQ: RILY), today announced it was named a top law services provider in the Daily Report (Law.com) “Best of 2021” ranking. B. Riley earned first-place in multiple categories including Top Forensic Accounting Firm, Top Litigation Valuation Firm, and Best Overall Expert Witness Services.

Tradewind Finance is pleased to announce that Kevin Gillespie has joined the firm as Vice President, Sales based out of Pittsburgh, PA. Gillespie brings years of experience in the factoring and larger finance industry to the role, where he will be responsible for driving business growth.

Ares Management Corporation (NYSE: ARES) announced today that funds managed by Ares have committed more than $1 billion of investments over the last six months in the sports, media and entertainment sector. Ares employs a global flexible private capital strategy that invests in both debt and equity investments, including senior debt, junior debt, preferred equity and minority equity while leveraging its relationships and capabilities across the Ares platform.

LiquidX, the global fintech solutions provider for working capital, trade finance, and insurance today announced that its Singapore entity, LiquidX Insurance Services (Singapore) Pte. Ltd. (LISS), has received approval from the Monetary Authority of Singapore (MAS) to offer insurance brokerage services in the country. Alex Bursak, Director and Regional Head of Insurance Asia Pacific at LiquidX, was named Director of the program.

Gordon Brothers, the global advisory and investment firm, has provided Malouf Companies™ with financing to fund its continued extraordinary progress. Malouf Companies™ experienced extreme growth based on their abilities to capitalize on consumer demand during the pandemic. The multi-industry corporation was able to expand all sectors of their lifestyle- and wellness-focused company, which includes a total network of 55 brands and businesses. Malouf Companies™ will use the proceeds to support numerous strategic initiatives as it continues to build its status as a pioneer in the home sector.

Oxford Finance LLC (“Oxford”), a leading specialty finance firm providing senior debt to healthcare services and life sciences companies worldwide, today announced the closing of a $27.5 million senior credit facility to Cascades Healthcare (“Cascades” or “the Company”), an owner and operator of long term care facilities. The funds were used for the acquisition of four skilled nursing facilities (“SNFs”) located in Texas containing 647 licensed beds.

ABM (NYSE: ABM), a leading provider of facility solutions, announced today it has amended its senior, secured credit agreement. The upsized credit facility totals $1.95 billion and consists of a $1.3 billion revolving credit facility and a $650 million term loan and has a maturity date of June 28, 2026.

Wingspire Capital LLC (“Wingspire”) announced that it has provided a $50 million senior secured revolving line of credit to SG Credit Partners, Inc. (“SG Credit”) to support their growth trajectory. SG Credit’s broad credit lending platform, focused on serving lower middle market entrepreneurs, is unique with its ability to structure senior and junior debt transactions based on cash flow, working capital assets, equipment, real estate, intangibles, and personal assets individually or in a hybrid structure.

Monroe Capital LLC (“Monroe”) today announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the refinancing of Argano, and support its’ recent acquisitions of SCMO2 and Arbela Technologies and future growth opportunities. Argano is an existing portfolio company of Trinity Hunt Partners.

The client is a 25-year-old functional service provider (FSP) in the health sciences industry, providing biostatistics, data science, and support during clinical trials. The client sought a line of credit for general working capital needs and a term loan to retire other debt obligations.

Angeles Equity Partners, LLC (“Angeles” or the “Buyer”) has announced the acquisition of Primus Aerospace (“Primus” or the “Company”) with financing provided by Stellus Capital Management, LLC (“Stellus”). FocalPoint Partners (“FocalPoint”) served as the debt placement agent to Angeles on the transaction.