-
Varagon Capital Partners Supports Tenex Capital Management Acquisition of JTM Food Group
May 27, 2021Varagon Capital Partners (Varagon) is serving as Administrative Agent, Joint Lead Arranger, Joint Bookrunner and Syndication Agent on a senior secured credit facility to support the acquisition of JTM Foods, LLC (JTM) by Tenex Capital Management (Tenex).
-
M&T Bank Corporation, People's United Receive Shareholder Approval for Merger
May 27, 2021M&T Bank Corporation (NYSE: MTB) ("M&T") and People's United Financial, Inc. (NASDAQ: PBCT) ("People's United") jointly announced that, at their respective special meetings of shareholders yesterday, they each received the necessary shareholder approvals for the consummation of the merger of People's United into M&T.
-
Dry Creek Capital Partners Announces Launch and First Investment Closings
May 27, 2021Steve Emerson has announced the formation of Dry Creek Capital Partners LP (“Dry Creek”), a special situations investing group formed to provide a platform for investments in debt obligations of distressed commercial real estate and small business debt.
-
PureTech Founded Entity Akili Secures $160 Million in Financing; Poised to Deliver on the Promise of Digital Therapeutics
May 27, 2021PureTech Health plc (Nasdaq: PRTC, LSE: PRTC) (“PureTech” or the “Company”), a clinical-stage biotherapeutics company, today announced that its Founded Entity, Akili Interactive (“Akili”), has secured $160 million of combined equity and debt financing. The financing included a $110 million Series D equity financing round led by Neuberger Berman Funds. In conjunction with the Series D financing, Akili also closed a credit facility for up to $50 million with Silicon Valley Bank.
-
CIT Northbridge Names Todd Ping as Business Development Leader for Southeastern U.S.
May 26, 2021CIT Group Inc. (NYSE: CIT) today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, has named Todd Ping as a managing director for business development activities across the southeastern United States. Based in Atlanta, Ping will be responsible for sourcing new asset-based loan opportunities from $15 million to $150 million with business borrowers across a range of credit profiles. His appointment represents a strategic expansion by the CIT Northbridge business into the Southeast, where it has not previously had a business development presence.
-
Sklar Kirsh Bankruptcy and Restructuring Partner Robbin Itkin Named to 2021 Chambers USA
May 26, 2021The ranking, released today, states that Itkin acts for a broad range of clients on bankruptcy matters, including out-of-court restructurings and chapter 11 proceedings. Client comments include, "she is excellent in court," and "she is very smart, detail-oriented, hard-working and very dedicated to her clients."
-
Atkore Announces Completion of Refinancing of Senior Secured Term Loan
May 26, 2021Atkore Inc. (the “Company”) (NYSE: ATKR), a leading provider of electrical, safety and infrastructure solutions, today announced that it had completed the refinancing of the senior secured term loan facility of its subsidiary, Atkore International, Inc. (“AII”), which had been scheduled to mature in December 2023. The Company replaced the existing term loan facility with a new $400 million senior secured term loan facility of AII that matures in 2028.
-
Citizens Advises Simple Admit on its Merger with HST Pathways
May 26, 2021Citizens M&A Advisory announced today that it served as the exclusive financial advisor to Simple Admit, a leading provider of automated patient relationship management solutions for surgery centers, on its merger with HST Pathways, a Bain Capital portfolio company and leading provider of cloud-based software focused on the ambulatory surgery center (“ASC”) space.
-
US LBM To Acquire ACS American Construction Source
May 26, 2021Debt financing for the transaction is being led by Barclays and Credit Suisse. Kirkland & Ellis LLP is serving as legal counsel to Bain Capital Private Equity.
-
CPaaS Frontrunner IntelePeer Secures $110M in New Funding Bringing 18 Month Total to over $170M
May 26, 2021IntelePeer, a leading Communications Platform as a Service (CPaaS) provider, is pleased to announce the completion of $110M in new funding, with $75M in convertible notes and debt financing from Sixth Street Growth and $35M in equity from Savant Growth. Building on a recent credit facility of over $60M from Sixth Street Growth to further accelerate the growth and innovation of its enterprise-centric Atmosphere® CPaaS platform, the new funding allows continued execution on IntelePeer’s growth and acquisition strategy to become the world’s leading CPaaS innovator.
-
King Trade Capital Provides a $5,000,000.00 Purchase Order Finance Line for MA based Air Purifier Company
May 25, 2021King Trade Capital is pleased to announce the completion of a $5,000,000.00 purchase order finance facility for a Massachusetts based HEPA Air Purification company. King Trade Capital was contacted by a referral partner who was working with the Client to find working capital to support purchasing inventory to fulfill its growing sales. During the Covid-19 pandemic the Client expanded its product offering from its core business of water filtration systems to include HEPA Air Purifiers.
-
HYPERAMS Announces Upcoming Online Auction of Calibre, Inc.
May 25, 2021HYPERAMS, LLC announces the online auction of assets pertaining to a complete liquidation of Calibre, Inc, a provider of complex, high content, Class A paint solutions for North America’s largest motorcycle manufacturer. The assets are located in three facilities, two of which are located in Grafton, Wisconsin, and one in Saukville, Wisconsin.
-
Finitive Announces Expansion into Europe with New Leadership
May 25, 2021Finitive, the leading data-driven private credit marketplace, today announced has named Andrew Holgate to lead Finitive's European initiatives as the company's Managing Director – Head of Europe. In this UK-based role, Holgate will develop and maintain Finitive's relationships throughout Europe with non-bank lenders seeking financing, such as specialty finance companies, online lenders, marketplace lenders and private credit funds.
-
Hilco Global Acquires All Assets of a Leading National Fleet Management Company – Sutton Leasing located in Sterling Heights, MI
May 25, 2021Hilco Global (www.hilcoglobal.com), the world's premier authority on asset valuation, monetization, and advisory solutions, announced today that it’s commercial-industrial team has acquired all of the assets of Sutton Leasing, a large fleet leasing company based in Sterling Heights Michigan, in a multi-million-dollar transaction which closed on May 7, 2021.
-
Stonepeak and Bellinger Launch Diversified, Independent Aviation Investment Platform with Completion of $1.1 Billion Aircraft Loan Portfolio Acquisition
May 25, 2021Funds managed by Stonepeak Infrastructure Partners (“Stonepeak”), a private equity firm specializing in infrastructure investing, have partnered with Bellinger Asset Management (“Bellinger”) to complete the acquisition of a US$1.1 billion performing aircraft loan portfolio from National Australia Bank. Allen & Overy LLP served as legal advisor on the transaction. Deutsche Bank Securities Inc. served as financial advisor on the transaction.
-
Ulrike Guigui Named Wells Fargo Head of Payments Strategy
May 25, 2021Wells Fargo & Company (NYSE: WFC) today announced that Ulrike Guigui has been named head of Payments Strategy. She will join the company on June 1 and will report to Ather Williams III, Wells Fargo head of Strategy, Digital, and Innovation. In this new position, Guigui will be responsible for leading the company’s enterprise payments strategy. She will work across the company and with industry partners to ensure Wells Fargo is strategically aligned and positioned for growth opportunities in the payments industry.
-
Raymond James Expands Financial Sponsors Practice, Hires Experienced Middle Market Private Equity Banker Blake Otté
May 25, 2021Based in New York City, Otté will help private equity (PE) firms leverage Raymond James’ industry insight, execution expertise and long-standing dedication to the middle market space. With more than 20 years of deal experience across investment banking, private equity, debt capital markets and commercial lending, Otté is a trusted partner to PE firms with a proven track record of identifying potential acquisitions, refinancing portfolio companies and monetizing investments.
-
EisnerAmper Launches Group to Provide Services for SPACs
May 25, 2021EisnerAmper, the accounting, tax and advisory firm, has launched a new group focused on special purpose acquisition companies, or SPACs. The new team will be led by Nina Kelleher, a director with Eisner.
-
Monroe Capital Supports Trive Capital’s Recapitalization of Oscar W. Larson Company
May 25, 2021Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization of Oscar W. Larson Company (“Oscar Larson”) by private equity sponsor Trive Capital.
-
Sidley Adds Prominent Energy Transactional Partner Holt Foster in Dallas
May 25, 2021Sidley is pleased to announce that Holt Foster has joined the firm as a partner in the Dallas office. Mr. Foster will be a member of the global Energy and Infrastructure group and a practice area team co-leader of the Energy practice. He joins Sidley from Thompson Knight where he has served on the firm’s Management Committee and as head of the Dallas office.
-
Varagon Capital Partners Supports Tenex Capital Management Acquisition of JTM Food Group
May 27, 2021Varagon Capital Partners (Varagon) is serving as Administrative Agent, Joint Lead Arranger, Joint Bookrunner and Syndication Agent on a senior secured credit facility to support the acquisition of JTM Foods, LLC (JTM) by Tenex Capital Management (Tenex).
-
M&T Bank Corporation, People's United Receive Shareholder Approval for Merger
May 27, 2021M&T Bank Corporation (NYSE: MTB) ("M&T") and People's United Financial, Inc. (NASDAQ: PBCT) ("People's United") jointly announced that, at their respective special meetings of shareholders yesterday, they each received the necessary shareholder approvals for the consummation of the merger of People's United into M&T.
-
Dry Creek Capital Partners Announces Launch and First Investment Closings
May 27, 2021Steve Emerson has announced the formation of Dry Creek Capital Partners LP (“Dry Creek”), a special situations investing group formed to provide a platform for investments in debt obligations of distressed commercial real estate and small business debt.
-
PureTech Founded Entity Akili Secures $160 Million in Financing; Poised to Deliver on the Promise of Digital Therapeutics
May 27, 2021PureTech Health plc (Nasdaq: PRTC, LSE: PRTC) (“PureTech” or the “Company”), a clinical-stage biotherapeutics company, today announced that its Founded Entity, Akili Interactive (“Akili”), has secured $160 million of combined equity and debt financing. The financing included a $110 million Series D equity financing round led by Neuberger Berman Funds. In conjunction with the Series D financing, Akili also closed a credit facility for up to $50 million with Silicon Valley Bank.
-
CIT Northbridge Names Todd Ping as Business Development Leader for Southeastern U.S.
May 26, 2021CIT Group Inc. (NYSE: CIT) today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, has named Todd Ping as a managing director for business development activities across the southeastern United States. Based in Atlanta, Ping will be responsible for sourcing new asset-based loan opportunities from $15 million to $150 million with business borrowers across a range of credit profiles. His appointment represents a strategic expansion by the CIT Northbridge business into the Southeast, where it has not previously had a business development presence.
-
Sklar Kirsh Bankruptcy and Restructuring Partner Robbin Itkin Named to 2021 Chambers USA
May 26, 2021The ranking, released today, states that Itkin acts for a broad range of clients on bankruptcy matters, including out-of-court restructurings and chapter 11 proceedings. Client comments include, "she is excellent in court," and "she is very smart, detail-oriented, hard-working and very dedicated to her clients."
-
Atkore Announces Completion of Refinancing of Senior Secured Term Loan
May 26, 2021Atkore Inc. (the “Company”) (NYSE: ATKR), a leading provider of electrical, safety and infrastructure solutions, today announced that it had completed the refinancing of the senior secured term loan facility of its subsidiary, Atkore International, Inc. (“AII”), which had been scheduled to mature in December 2023. The Company replaced the existing term loan facility with a new $400 million senior secured term loan facility of AII that matures in 2028.
-
Citizens Advises Simple Admit on its Merger with HST Pathways
May 26, 2021Citizens M&A Advisory announced today that it served as the exclusive financial advisor to Simple Admit, a leading provider of automated patient relationship management solutions for surgery centers, on its merger with HST Pathways, a Bain Capital portfolio company and leading provider of cloud-based software focused on the ambulatory surgery center (“ASC”) space.
-
US LBM To Acquire ACS American Construction Source
May 26, 2021Debt financing for the transaction is being led by Barclays and Credit Suisse. Kirkland & Ellis LLP is serving as legal counsel to Bain Capital Private Equity.
-
CPaaS Frontrunner IntelePeer Secures $110M in New Funding Bringing 18 Month Total to over $170M
May 26, 2021IntelePeer, a leading Communications Platform as a Service (CPaaS) provider, is pleased to announce the completion of $110M in new funding, with $75M in convertible notes and debt financing from Sixth Street Growth and $35M in equity from Savant Growth. Building on a recent credit facility of over $60M from Sixth Street Growth to further accelerate the growth and innovation of its enterprise-centric Atmosphere® CPaaS platform, the new funding allows continued execution on IntelePeer’s growth and acquisition strategy to become the world’s leading CPaaS innovator.
-
King Trade Capital Provides a $5,000,000.00 Purchase Order Finance Line for MA based Air Purifier Company
May 25, 2021King Trade Capital is pleased to announce the completion of a $5,000,000.00 purchase order finance facility for a Massachusetts based HEPA Air Purification company. King Trade Capital was contacted by a referral partner who was working with the Client to find working capital to support purchasing inventory to fulfill its growing sales. During the Covid-19 pandemic the Client expanded its product offering from its core business of water filtration systems to include HEPA Air Purifiers.
-
HYPERAMS Announces Upcoming Online Auction of Calibre, Inc.
May 25, 2021HYPERAMS, LLC announces the online auction of assets pertaining to a complete liquidation of Calibre, Inc, a provider of complex, high content, Class A paint solutions for North America’s largest motorcycle manufacturer. The assets are located in three facilities, two of which are located in Grafton, Wisconsin, and one in Saukville, Wisconsin.
-
Finitive Announces Expansion into Europe with New Leadership
May 25, 2021Finitive, the leading data-driven private credit marketplace, today announced has named Andrew Holgate to lead Finitive's European initiatives as the company's Managing Director – Head of Europe. In this UK-based role, Holgate will develop and maintain Finitive's relationships throughout Europe with non-bank lenders seeking financing, such as specialty finance companies, online lenders, marketplace lenders and private credit funds.
-
Hilco Global Acquires All Assets of a Leading National Fleet Management Company – Sutton Leasing located in Sterling Heights, MI
May 25, 2021Hilco Global (www.hilcoglobal.com), the world's premier authority on asset valuation, monetization, and advisory solutions, announced today that it’s commercial-industrial team has acquired all of the assets of Sutton Leasing, a large fleet leasing company based in Sterling Heights Michigan, in a multi-million-dollar transaction which closed on May 7, 2021.
-
Stonepeak and Bellinger Launch Diversified, Independent Aviation Investment Platform with Completion of $1.1 Billion Aircraft Loan Portfolio Acquisition
May 25, 2021Funds managed by Stonepeak Infrastructure Partners (“Stonepeak”), a private equity firm specializing in infrastructure investing, have partnered with Bellinger Asset Management (“Bellinger”) to complete the acquisition of a US$1.1 billion performing aircraft loan portfolio from National Australia Bank. Allen & Overy LLP served as legal advisor on the transaction. Deutsche Bank Securities Inc. served as financial advisor on the transaction.
-
Ulrike Guigui Named Wells Fargo Head of Payments Strategy
May 25, 2021Wells Fargo & Company (NYSE: WFC) today announced that Ulrike Guigui has been named head of Payments Strategy. She will join the company on June 1 and will report to Ather Williams III, Wells Fargo head of Strategy, Digital, and Innovation. In this new position, Guigui will be responsible for leading the company’s enterprise payments strategy. She will work across the company and with industry partners to ensure Wells Fargo is strategically aligned and positioned for growth opportunities in the payments industry.
-
Raymond James Expands Financial Sponsors Practice, Hires Experienced Middle Market Private Equity Banker Blake Otté
May 25, 2021Based in New York City, Otté will help private equity (PE) firms leverage Raymond James’ industry insight, execution expertise and long-standing dedication to the middle market space. With more than 20 years of deal experience across investment banking, private equity, debt capital markets and commercial lending, Otté is a trusted partner to PE firms with a proven track record of identifying potential acquisitions, refinancing portfolio companies and monetizing investments.
-
EisnerAmper Launches Group to Provide Services for SPACs
May 25, 2021EisnerAmper, the accounting, tax and advisory firm, has launched a new group focused on special purpose acquisition companies, or SPACs. The new team will be led by Nina Kelleher, a director with Eisner.
-
Monroe Capital Supports Trive Capital’s Recapitalization of Oscar W. Larson Company
May 25, 2021Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization of Oscar W. Larson Company (“Oscar Larson”) by private equity sponsor Trive Capital.
-
Sidley Adds Prominent Energy Transactional Partner Holt Foster in Dallas
May 25, 2021Sidley is pleased to announce that Holt Foster has joined the firm as a partner in the Dallas office. Mr. Foster will be a member of the global Energy and Infrastructure group and a practice area team co-leader of the Energy practice. He joins Sidley from Thompson Knight where he has served on the firm’s Management Committee and as head of the Dallas office.
© 2026 Secured Finance Network



