When a group of investors with industry experience found the opportunity to purchase a Midwest producer of high-quality fresh and frozen ground meat out of bankruptcy via a 363 sale, they turned to their community bank.

First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today the promotion of Michael Berry to Senior Vice President, Director of Commercial Banking of First Foundation Bank.

Oxford Finance LLC (“Oxford”), a specialty finance firm that provides senior debt to healthcare services and life sciences companies worldwide, today announced the closing of a senior credit facility and revolving line of credit to Renalogic (or “the Company”), an industry leader in dialysis risk management and cost containment solutions.

Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce the amendment of its revolving credit facility (the "Credit Facility"). The recently closed amendment provides an extension of the final maturity to April 2026. The total commitments of the Credit Facility increased from $780.0 million to $855.0 million while maintaining an expanded accordion feature that allows for an increase up to $1.2 billion of total commitments from new and existing lenders on the same terms and conditions as the existing commitments.

A syndicate of 15 banks committed to the facility. Wells Fargo Securities, LLC (“Wells Fargo”) acted as sole bookrunner. Wells Fargo, Capital One, National Association, RBC Capital Markets, Toronto-Dominion Bank, New York Branch, BBVA USA, Truist Securities, Inc. and U.S. Bank National Association, acted as joint lead arrangers.

The Yieldstreet Private Business Credit team built on their momentum from the fourth quarter of 2020 and sprinted through the first quarter of 2021 closing eight new deals for a total of $93.4 million. These deals are across both consumer and commercial asset classes, various positions within the capital stack, and different states.

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 Julia Harman has been appointed to the newly created position of Head of Corporate Banking, effective immediately. This appointment reflects the Company’s commitment to grow its C&I offering through broader and more tailored services for larger clients. Ms. Harman will report directly to Rob C. Holmes, President and Chief Executive Officer of Texas Capital Bank, N.A. and Texas Capital Bancshares, Inc.

Tiger Group is now accepting bids for the April 15 online auction of assets from Holbrook-based embroidery and garment-printing company Gate NY, which had been a major drop-ship location for garment distributors from across the Northeast.

CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance business served as sole lead arranger on a $27 million loan to finance acquisition of a warehouse and distribution center in Green Cove Springs, Florida. The facility, located about 40 miles south of downtown Jacksonville, Florida, and close to the First Coast Expressway, consists of about 782,000 square feet of warehouse and distribution space, including about 209,000 square feet of refrigerated space. The property was acquired by an entity managed by PKY Special Situations LLC and will be managed by Parkway Property Investments.

Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced today that the Company finalized a 3-year extension on substantially all of its Revolving Credit Facility and Term Loan A to 2026. This action included an upsizing of Aramark’s Revolving Credit Facility to approximately $1.2 billion that increases the Company’s cash availability by over $200 million. In addition, Aramark closed its previously announced $833 million refinancing of the Company’s 2024 Term Loan B that extends the maturity to 2028.

Evoqua Water Technologies Corp. (NYSE: AQUA), an industry leader in mission-critical water treatment solutions, today announced the refinancing of the company’s credit facilities on April 1, 2021. Wholly-owned subsidiaries of the company entered into a credit agreement, which provides for a $475 million term loan maturing on April 1, 2028 and a revolving credit facility of up to $350 million maturing on April 1, 2026, and a receivables financing agreement, which provides for a receivables finance facility of up to $150 million maturing on April 1, 2024.

Yesway is one of the country’s fastest growing convenience store chains, with over 400 stores located in Texas, New Mexico, South Dakota, Iowa, Kansas, Missouri, Wyoming, Oklahoma, and Nebraska, including most recently, the 304-store Allsup’s Convenience Store chain. (PRNewsfoto/Yesway) Yesway, one of the largest and fastest growing convenience store chains in the United States, today announced that it has successfully completed the refinancing of its term loan and revolving credit facilities in the amount of $410 million and $125 million, respectively.

Legal counsel was provided by a Spencer Fane LLP team led by Brian Memory, Chris Summers and Macy Matthews. The transaction closed with debt financing provided by CrossFirst Bank.

SLR Healthcare ABL is pleased to announce it has provided a $4 million asset-based revolving line of credit in financing to a medical staffing company in April 2021.

Encina Lender Finance, LLC (“ELF”) announced that it has provided a $35 million senior credit facility to Uown Leasing, which is a technology-enabled, consumer leasing platform focused on partnering with retailers of durable consumer goods (primarily furniture, bedding, wheel & tire, and appliances) to offer a lease-to-own financing product at the point-of-sale.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Giuseppe (Joseph) Soccodato has joined the firm as Managing Director in its rapidly growing Restructuring and Dispute Resolution practice. Based on Long Island, Soccodato has 30 years of experience in managing and restructuring international companies, critical departments, and worldwide operating divisions.

Reorganization is now increasingly favored over liquidation, according to an analysis of COVID-era corporate bankruptcy filings by S&P Global Market Intelligence. Almost 62% of corporate bankruptcy filings last year sought to reorganize or restructure, the highest watermark since 2010, according to S&P data—and 2021 filings are set to outpace last year’s numbers. Conversely, in 2018 and 2019, liquidations were more commonly sought in bankruptcy filings.

SVB Leerink, a leading investment bank specializing in healthcare and life sciences, announced today that Andrew Fineberg has been hired as a Managing Director to lead the firm's Structured Finance practice. Mr. Fineberg will be based in SVB Leerink's New York office and will report to Dan Dubin, Vice Chairman and Global Co-Head of Investment Banking.

RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of owned and/or operated outpatient imaging centers, today announced a proposed refinancing transaction for its existing senior secured first lien term loan, which had a balance of $611 million as of December 31, 2020, and its $195 million senior secured revolving credit facility, which was undrawn as of year-end 2020.

Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture backed companies seeking an alternative to raising equity, announced today the close of a senior secured term loan of $25 million to Allurion Technologies, a pioneering leader in the development of innovative, scalable and trusted weight loss experiences. The growth capital is expected to be used to fuel Allurion's global expansion.